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Investing.com
Asian Stocks End Week on Down Note Over Economic Data, China Crackdown Impact
By Gina Lee
Business
Investing.com
S&P 500 Closes Near Record High as Bulls Bid Up Cyclical Stocks
By Yasin Ebrahim
Business
Investing.com
Amazon, Procter & Gamble, Chevron Earnings: 3 Things to Watch
Stocks stretched into record territory on Thursday, a familiar theme to investors a day after the Federal Reserve assured the markets it wasn’t about to let its foot off the economic gas pedal anytime soon. On Thursday, data on real gross domestic product showed the economy grew at 6.5% annual rate in the second quarter, missing expectations for nearly 8.5% growth. The upside surprise in consumer spending offset weekly jobless claims data and gave a boost to economically-linked cyclical stocks including energy, materials and financials.