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Investor Optimism Improves Further Following GDP Report

The CNN Money Fear and Greed index showed further improvement in market sentiment among US investors. US stocks closed higher on Thursday as investors assessed the latest corporate earnings and economic reports. GDP data released Thursday showed the US economy grew at an annualized rate of 2.9% in the fourth quarter, up from market expectations for 2.8%.

AXP

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Nasdaq, S&P Futures Take Off As Tesla’s Solid Earnings Report Perk Up Sentiment: Advance Q4 GDP Data, Housing Data On Investors’ Radar

Trading in the U.S. index futures suggests a cautious start by Wall Street stocks, as traders look ahead to more earnings and the advance fourth-quarter GDP report.

AAL