Last week, the S&P 500 index rose 1.4% and hit fresh record highs as stronger-than-expected economic growth lifted markets. Here’s a look at sector performance and the data ahead.
Strong consumer and increased government spending drove a 2.8% increase in the U.S.’s gross domestic product. As the Presidential election nears, the health of the economy remains a crucial topic. Here’s what the GDP report means for the future.