Market Snapshot: Stocks struggle after failed Trump-Kim summit; GDP data surprise on upside [MarketWatch]
SeaWorld Entertainment, Inc. (SEAS)
Last seaworld entertainment, inc. earnings: 2/26 06:30 am
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Source: MarketWatch
Stocks struggle after failed Trump-Kim summit; GDP data surprise on upside U.S. stocks are struggling Thursday after denuclearization talks between President Donald Trump and North Korean leader Kim Jong Un broke down. However, better-than-expected fourth-quarter gross domestic product data helped to offset some of the pressure. The Dow Jones Industrial Average DJIA, -0.07% fell 30 points to 25,953, the S&P 500 index SPX, -0.01% rose about a point to 2,791, while the Nasdaq Composite Index COMP, +0.07% was virtually unchanged at 7,556. The Commerce Department’s estimate of fourth-quarter GDP growth showed the U.S. economy growing at a rate of 2.6%, well above consensus expectations of 1.9%, per a MarketWatch poll of economists. GDP grew at 2.9% during 2018, according to the preliminary estimates by the Commerce Department released Thursday, representing the best growth in three years. The economic report come as investors were focused on recent geopolitical tensions. White Hou
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- 11/8/23 - In-Line
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