Stocks rise on GDP growth and strong consumer spending, with Tesla and Meta seeing gains.

From Nasdaq: 2025-01-30 11:15:30

U.S. stocks rose as GDP growth hit 2.3% in Q4 2024, driven by strong consumer spending. The S&P 500 and Dow gained, while the Nasdaq remained flat. Investors await Apple’s earnings for AI insights. Tesla eyes robotaxi expansion, Meta focuses on AI, Microsoft faces AI challenges, and bond yields dip as Fed remains cautious on inflation data.

Tesla and Meta saw gains as they announced new initiatives, while Microsoft faced investor scrutiny over AI spending. Apple’s upcoming earnings are closely watched for AI-driven growth. Market volatility may persist as investors digest AI sector developments, with Fed policy and inflation data looming on the horizon.

Despite mixed corporate results, the market remains firm with economic resilience and AI optimism. GDP growth and strong consumer spending support earnings outlook. Trade deficit widening and Trump’s tariffs pose risks. Apple’s earnings will reveal AI growth trends, while Fed decisions and inflation data will shape market sentiment in the tech sector.



Read more at Nasdaq: Quiver’s Morning Stock Market Research