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Writer's pictureSalyl Bhagwat

On the SPOT™ blog (01/26/2023) [T..]

Economic news coming out today was good. US GDP grew more than expected in Q4. This has increased the confidence in Feds' ability to achieve a "soft landing" in the fight against inflation. Weekly jobless claims also appeared to have gotten better. Overall, it painted a good picture and that lifted all three major US indices to a green finish.

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