US economy unexpectedly surges 4.3% in third quarter — its strongest growth in two years
The US economy grew at an unexpectedly strong pace of 4.3% in the third quarter — the highest rate in two years — according to a government report released Tuesday.
Vigorous consumer spending on services such as health care and products like recreational vehicles fueled the surge in the gross domestic product,
Read MoreThe US economy was much stronger than expected in the third quarter
An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%,
» Read more about: The US economy was much stronger than expected in the third quarter »
Read MoreUS economy grew much faster than expected in the third quarter, delayed report shows
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Apex Group Vice President Heather Zumarraga gives her forecast for the economy and markets for 2026 as well as other sectors to invest in outside of A.I. on Varney & Co.
The U.S. economy grew at a faster pace than expected in the third quarter,
Read MoreUS economy grows 4.3% in Q3, fastest expansion in two years
The US economy expanded at a surprisingly strong 4.3 per cent annual rate in the third quarter, the most rapid expansion in two years, as consumer and government spending, as well as exports, all grew.
US gross domestic product from July through September — the economy’s total output of goods and services — rose from its 3.8 per cent growth rate in the April-June quarter,
» Read more about: US economy grows 4.3% in Q3, fastest expansion in two years »
Read More2 Simple ETFs to Buy With $1,000 and Hold for a Lifetime
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ETFs offer a convenient way for investors to gain broad, diversified exposure to stocks.
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It’s hard to beat Vanguard’s S&P 500 ETF, which has delivered excellent results over time.
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Vanguard’s information technology ETF has returned even higher gains over the past 10 years.
» Read more about: 2 Simple ETFs to Buy With $1,000 and Hold for a Lifetime »
Read MoreThe Burst
Palantir’s Run Feels Unstoppable, But for How Long?
Palantir Technologies (NYSE: PLTR), the data analytics powerhouse, has been one of Wall Street’s most explosive success stories. Since its direct listing in late 2020 at $10 a share, the stock has soared by almost 18-fold gain. Over that same stretch, the S&P 500 hasn’t even doubled.
That kind of outperformance doesn’t happen by accident.
» Read more about: Palantir’s Run Feels Unstoppable, But for How Long? »
Read MoreThe Ivy
1 Solar Sleeper Stock That Still Has Room to Shine
When Nextracker went public two years ago, few investors expected it to triple so quickly.
But after such a run, is it too late to buy? Or is this “picks and shovels” play on the clean-energy revolution still undervalued?
Key Points
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Nextracker controls about a quarter of the global solar tracker market.
» Read more about: 1 Solar Sleeper Stock That Still Has Room to Shine »
Read MoreThe Spotlight
Brinker Just Flashed Classic Reversal Signal, Time to Take a Bite?
After weeks of sluggish price action, Brinker International (NYSE: EAT) is starting to show signs that the bulls are back in the kitchen.
On March 25th, EAT delivered a textbook technical setup that a technical trader could only but describe as a “character change.”
The stock filled a prior gap from early March,
» Read more about: Brinker Just Flashed Classic Reversal Signal, Time to Take a Bite? »