The Economic Times News

Why US stock market booming today S&P 500 near record highs, Nasdaq gaining, as US GDP growth surprises markets and reshapes Fed expectations

US stock market surged Tuesday as strong US GDP growth shocked investors. The S&P 500 hovered near record highs, while the Nasdaq gained on tech strength. GDP jumped 4.3%, beating forecasts. Fed rate-cut bets cooled sharply. Gold, silver, and copper rallied. Holiday-thinned trading raised volatility, keeping markets focused on Fed signals ahead.