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S&P 500
Benzinga
140 days

Nasdaq Surges 1%; US Construction Spending Rises In February

1. U.S. stocks rose, S&P 500 gained 0.59%. 2. Construction spending increased by 0.7% in February. 3. Manufacturing PMI showed mixed signals; services improved. 4. Consumer discretionary stocks rose; health care shares fell. 5. Job openings decreased by 194,000 in February.

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FAQ

Why Bullish?

S&P 500's upward movement signifies positive investor sentiment, resembling historical rebounds after construction spending gains.

How important is it?

The article highlights key economic indicators affecting market performance, assuring investor confidence.

Why Short Term?

Immediate effects from energetic trading and construction growth may influence S&P 500 behavior in the upcoming weeks.

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