Stocks Pare Gains. ‘Market Is Trying to Find New Leadership.’
Stocks are paring gains as the market looks for new leadership after a drop in tech stocks, particularly NVDA.
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Posted 8/28/2023, 10:34:00 PM
barrons.com
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Stocks on the Nasdaq led gains on Wednesday as revised GDP data showed slower economic growth in the last quarter than previously estimated, while private-sector jobs in August came in weaker than expected, raising concerns about the Federal Reserve's interest rate hikes.