US GDP Sales QoQ 2nd Est (Q4) Q/Q 0.4% (Prev. 4.5%)
The second estimate of US GDP sales for Q4 at 0.4% marked a significant drop from the previous 4.5% reading.
US Secretary of War Hegseth says that there is no clear evidence that Iran has laid mines in the Strait of Hormuz
Daily US Equity Opening News - ADBE falls after announcing CEO to step down; META delays Avocado AI model
US GDP Sales QoQ 2nd Est (Q4) Q/Q 0.4% (Prev. 4.5%)
NBP's Maslowska says the Bank may only hike if CPI shocks are sustained
General Caine says US forces are continuing to go after Iran's mine-laying capabilities
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This notable miss relative to prior performance signals a cooling in economic activity, potentially influencing market expectations around future monetary policy decisions.
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