Final 4Q Gross Domestic Product, the broadest measure of economic output, was revised from the preliminary report of a 6.2% annualized rate of decline to a 6.3% drop, smaller than the forecast of a 6.6% decline. The GDP price Index was left unchanged at 0.5%, in line with the forecast. Details from Bloomberg...
The Dow Jones Industrial Average rose 175 points (2.3%) to close at 7,925, the S&P 500 Index gained 19 points (2.3%) to 833, and the Nasdaq Composite increased 58 points (3.8%) to 1,587. Crude oil rose $1.58 to $54.34 per barrel, and gold rose $0.70 to $936.50 per ounce.
Magnificent Seven Update
Daily Update Of Open Positions...Stocks & ETFs
