The Latest Breaking News from GDP

Consumer discretionary goods have been bearing the brunt of GDP growth contraction and declining consumer sentiment. However, the sector has still managed to outperform the broader market. Therefore, quality consumer discretionary stocks Mannatech (MTEX), Pandora (PANDY), and The Procter & Gamble (PG), which are rated Buy in our proprietary rating…

China’s Covid lockdowns slowed the country’s GDP growth to 0.4% in the second quarter, weaker-than-expected figures revealed today.

Amid worries about a possible recession, energy-producing states had the biggest drops in GDP during the first quarter of this year, despite skyrocketing oil and gas prices, new government figures show.

The S&P 500 climbed 0.1% and the Nasdaq rose 0.4% after being down nearly 2%.

After a long day of cajoling fellow MPs, Tory leadership candidates may have been cheered by some unexpected economic good news. GDP rose by 0.5 per cent in May, raising the prospect that the UK can avoid a recession.

GDP rose by 0.5% in May after revised 0.2% decline for April, says ONS

Increase in output was bigger than expected in the City

Stocks fall after US inflation jumps to 9.1%, as UK economy grows faster than expected by 0.5% in May

As many economists are cutting down GDP forecasts for the second quarter, market uncertainties are expected to increase. Therefore, one could consider investing in stocks showing resiliency and trading at high volumes. Clovis Oncology (CLVS), Advanced Micro Devices (AMD), Roblox (RBLX), Ford Motor (F), and Marathon Digital (MARA) have been…