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ISIAAQ
@isiaaq
Today’s Market Recap Boosted by gains in tech stocks, all three major indexes rise, with the S&P 500 and Nasdaq both approaching record highs. Nvidia hit another all-time high, lifting both the FANG+ and the Philadelphia Semiconductor Index. On the economic front, the final estimate for U.S. Q1 GDP was revised down to -0.5%, signaling emerging economic pressure. Meanwhile, initial jobless claims dropped to 236,000 last week, but continued claims hit a record high, suggesting structural weakness in the labor market.
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