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CNBC Daily Open: U.S. economy sparks optimism - TL;DR CNBC

CNBC Daily Open: U.S. economy sparks optimism

Publishing timestamp: 2024-02-26 20:25:22


Summary

Markets closed lower as investors awaited inflation data, but bitcoin rallied. Zoom shares surged, JPMorgan CEO optimistic about AI, US to become major hub for semiconductor chips. Analysts are increasingly positive about US economy, with NABE sharply revising GDP forecast for 2024. Bank of America survey shows decline in recession fears. Investors resetting expectations for rate cuts. Markets bracing for more key data on economy and inflation.


Sentiment: MIXED

Tickers: SMCI.DJIBTC.CB=US10Y.IXIC.SPXMCOSPGIZM

Keywords: super micro computer incnasdaq compositejamie dimons&p global incmoody's corpbusiness newsmarketsu.s. 10 year treasurybitcoin/usd coinbasezoom video communications incworld marketsjapandow jones industrial average

Source: https://www.cnbc.com/2024/02/27/cnbc-daily-open-us-economy-sparks-optimism-.html


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