Equity market gains support from US GDP revision

The US stock market continues to gain ground thanks to the upward revision of second-quarter GDP from 3% to 3.3%, which supports investor optimism.

The S&P 500 reached a historic record, crossing the 6,500 mark, while strong business investment in artificial intelligence technologies strengthens economic positions.

Experts note that such GDP growth reinforces expectations of further economic expansion and stimulates corporate earnings.

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Indices approach highs ahead of inflation data

US indices are approaching highs ahead of inflation data.

The Nasdaq 100 index is near the 23,700 level, and its further movement will depend on fresh PCE readings. Soft numbers may trigger growth, while strong ones could lead to a wave of profit-taking.

Analysts also warn that volatility may increase if inflation data exceeds forecasts, which would require adjustments to investment strategies.

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