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GDP Q2 Preview: 5 ETFs To Monitor Thursday As Economic Data Unfolds

Benzinga LogoBenzinga10h ago

GDP Q2 Preview: 5 ETFs To Monitor Thursday As Economic Data Unfolds - Benzinga

Quick Summary:

Besides the second quarter GDP data, investors will closely monitor the weekly jobless claims, expected to ease from 243,000 to 238,000, and June’s durable goods orders, projected to rise by 0.2% month-over-month.

Investors are eagerly awaiting this Thursday’s release of advance estimates for the second quarter’s gross domestic product (GDP) by the Bureau of Economic Analysis at 8:30 a.m.ET.

In the first quarter of 2024, the U.S.economy grew at an annualized rate of 1.4%, a significant slowdown compared to the 3.4% growth in the fourth quarter of 2023.


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Article Details

Author / Journalist: Piero Cingari

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-24 @ 17:31:18 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21763839

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Official Website: benzinga.com

Update Frequency: 52 posts per day

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News Last Updated: 8 hours ago

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Publisher ID: #53

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