Information
U.S. Gross Domestic Product expanded by 2.8% in the third quarter of 2024 after expanding by 3% in t...
Original sourceEconomic
GDP growth is a key economic indicator affecting market performance, significantly relevant to S&P 500 investors.
FAQ
Why Bullish?
Consistent GDP growth supports economic stability, likely boosting investor confidence. Similar past growth trends usually positively influenced S&P 500 performance.
How important is it?
GDP growth is a key economic indicator affecting market performance, significantly relevant to S&P 500 investors.
Why Short Term?
Immediate positive reactions expected in markets from growth and rate cuts. However, long-term effects will depend on sustained trends.