The Latest Breaking News from GDP

After lobbying by US President Donald Trump, NATO leaders have promised to boost annual defence spending to 5% of their countries’ gross domestic product (GDP) by 2035.

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.80%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.94%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.94%. September E-mini S&P futures (ESU25 ) rose +0.75%, and September E-mini Nasdaq futures...

Nvidia hit a new all-time high, briefly becoming the world's most valuable company with a market capitalization of approximately $3.77 trillion.

The S&P 500 Index ($SPX ) (SPY ) today is up +0.35%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.56%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.18%. September E-mini S&P futures (ESU25 ) are up +0.25%, and September E-mini Nasdaq futures...

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department reported Thursday in a a downgrade from its previous estimate

NATO's 32 member states agreed to increase defense spending to 5% of GDP by 2035, representing a significant increase from the long-standing 2% benchmark.

September S&P 500 E-Mini futures (ESU25) are up +0.33%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.41% this morning amid speculation that U.S. interest rate cuts could arrive earlier than expected, following a report that U.S. President Donald Trump may nominate the next Federal Reserve chair early.

Trump celebrated commitment by Nato allies to boost defence spending to 5% of GDP. Key US politics stories from Wednesday 25 June 2025

Australia is doubling down in resisting US pressure for its allies to lift defence spending, as retaliation is promised for nations refusing to comply.