2024-07-25 12:49:00 ET
Summary
- Q2 GDP growth exceeds expectations, driven by consumer spending and business investment.
- Manufacturing orders decline, but mostly attributed to nondefense aircraft.
- IBM reports mixed Q2 results, Southwest Airlines sees decline in unit revenue.
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GDP topped expectations, rising 2.8% with less pricing pressure. (0:16) Durable goods orders plunge , driven by aircraft. (1:26) Viking Therapeutics soars with late-stage move for obesity dru g. (3:35) ...
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Wall Street Lunch: U.S. GDP Tops Expectations