Thursday Watchlist Puts U.S. GDP, Inflation and Tech Earnings in Focus
Photo: TokenPost
A Thursday market watchlist put technology earnings alongside fresh U.S. growth and inflation readings, with third-quarter GDP accelerating to a 3.4% annualized rate and core PCE inflation remaining above the Federal Reserve’s 2% goal. The watchlist appeared at 9:13 a.m. ET (13:13 UTC) on Oct. 29. It covered technology companies and corporate earnings, including results from Alphabet, Microsoft and Fortinet. The Federal Open Market Committee held its target range for the federal funds rate at 3.75% to 4% on Wednesday. The committee’s vote was 10-2, with two members preferring a quarter-point increase.
Source: TokenPost
