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Stocks ticked higher in early trading this week; Fed's model predicts 5% GDP growth in third quarter

Stocks ticked higher in early trading this week; Fed's model predicts 5% GDP growth in third quarter

August 24, 2023

After a significant pullback during the first half of the month, stocks ticked higher in early trading this week. The Fed’s GDPnow model projects real GDP to increase by more than 5% in the third quarter.

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