The first government estimate for third-quarter Gross Domestic Product (GDP) outpaced most estimates and orders for durable goods remained robust, but Wall Street lost more ground in premarket trading as major indexes approach five-month lows. (Thursday market open) Economic vigor contrasts early Thursday with a retreating stock market.
Meta shares turn lower in overnight trading after initial pop despite earnings beating estimates Q3 GDP rose 4.9%, well above most expectations and another sign of economic vigorĪmazon earnings awaited after close with cloud in focus after mixed tidings from Microsoft, Alphabet
