• S&P 500, Dow close on the brink of records as investors bet on the Fed's continued economic support after weak GDP data

    1 month ago - By Business Insider

    Drew Angerer/Getty Images
    All three major US stock indexes closed just below record highs on Thursday as investors mulled GDP numbers, jobless claims, and the conclusion of the latest Fed meeting.
    Robinhood slumped in its first day of trading on the Nasdaq.
    US gross domestic product grew at an annualized rate of 6.5% in the second quarter of 2021, falling short of the 8.5% expansion estimated by economists.
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    US stocks rose Thursday as the latest batch of economic data eased investor concerns over inflation and the...
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