Thursday, January 26, 2023

The US economy grew by 2.9% in the fourth quarter, more than expected

The US economy expanded again during the fourth quarter, registering solid growth even as consumers and businesses battled inflation and historically high interest rates.
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The US economy grew by 2.9% in the fourth quarter, more than expected
The US economy expanded again during the fourth quarter, registering solid growth even as consumers and businesses battled inflation and historically high interest rates. Read more »
 
Buying a home is now more affordable than renting in these five cities
Even as rents continue to climb across the country, renting is still cheaper than monthly payments for a purchased home in 45 of the 50 largest US cities in December, according to a report from Realtor.com. Renting costs nearly $800 less per month than buying, on average. Read more »
 
We finally know whom FTX owes money to: Goldman Sachs, Southwest Airlines and Netflix
Newly unsealed bankruptcy documents revealed thousands of creditors to whom FTX owes money after the once-mighty crypto exchange collapsed in November. Read more »
 
Stocks mixed ahead of America's economic report card
Read more »
 
DirecTV drops Newsmax
DirecTV has dropped Newsmax, a right-wing TV network, from its channel lineup over a carriage fee dispute. Read more »
 
How Wall Street reacts to the GDP data will be telling
Wall Street analysts are holding their breath and crossing their fingers this morning as they await gross domestic product numbers for the final quarter of 2022. Read more »
 
 
 
 
Dow Nasdaq S&P
+205.57   +199.06   +44.21
33,949.41   11,512.41   4,060.43
+0.61%   +1.76%   +1.10%
YTD +2.42%   YTD +9.99%   YTD +5.75%
 
Biggest Winners
United Rentals Inc +9.94%
 
Nucor Corp +8.39%
 
Packaging Corp of America +7.33%
 
Las Vegas Sands Corp +6.09%
Biggest Losers
Sherwin-Williams Co -8.92%
 
McCormick & Company Inc -5.80%
 
International Business Machines Corp -4.48%
 
NORTHROP GRUMMAN CORP -4.28%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $81.15 +1.00 / +1.25%
Gold $1,930.20 -12.40 / -0.64%
10-yr 3.49% +0.03
Euro $1.09 -0.00 / -0.27%
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