S&P 500 at its highest point since April 2022
The US S&P 500 rose by nearly 5% in a month. The quarterly earnings reports from companies such as Microsoft, eBay, Google and Visa beat forecasts. In addition to that, the latest data shows that US GDP rose by 2.4% in Q2 2023, which significantly exceeded the forecast of 1.8%. This is allowing the prices of stocks in the S&P 500 to rise.
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