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Stock impact report

Consumer Spending Surge Sets Stage for Year-End Market Rally [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
Commerce Department data released just before the holiday showed that US gross domestic product rose at an unexpectedly robust 4.3% in the third quarter, with the American consumer to thank for it. That might be enough to power one final miniature stock market rally to end 2025. SUBSCRIBE: Receive more of our free The Daily Upside newsletter. READ ALSO: Video Game Console Sales Lag Behind Previous Holiday High Scores and Exit Strategizing: Private Equity Carries Record Backlog of Companies into 2026 Tuesday's reading, the best since the third quarter of 2023, was 0.5 percentage point higher than the previous quarter and an emphatic full percentage point above most economists' forecasts. “If the economy keeps producing at this level, then there isn't as much need to worry about a slowing economy, and concerns may actually flip back to the price-stability constraint,” said Chris Zaccarelli, Northlight Asset Management's chief investment officer. Indeed, inflation picked up in the Show less Read more
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