October economic data pointed to a slowing – but still growing – U.S. economy.
Continued economic growth and Fed rate cuts helped support stocks amid ongoing trade uncertainty.
Economic data improves in September.
U.S. economic data was mixed in August, reflecting the complicated macro economic environment in the midst of high trade uncertainty.
Gross domestic product (GDP) increased 2.1% in the second quarter, bolstered by consumer spending’s 2.9% contribution to growth.
Stocks Rise, Rates Fall as Investors Position for Lower Rates
U.S. economic data moderated in June as trade tensions plagued the global economy.
U.S. economic data improved in May on balance, even as investors battled a resurgence in U.S.-China trade tensions.
Green shoots appeared in U.S. economic data as the economy entered the second quarter. Leading indicators signaled low odds of a recession in the coming year.
U.S. economy sent mixed signals amid uncertainty.