{"id":30047,"date":"2025-12-23T22:38:00","date_gmt":"2025-12-24T03:38:00","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2025\/12\/23\/stocks-see-support-from-economic-confidence-after-strong-us-gdp-report\/"},"modified":"2025-12-23T22:38:00","modified_gmt":"2025-12-24T03:38:00","slug":"stocks-see-support-from-economic-confidence-after-strong-us-gdp-report","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2025\/12\/23\/stocks-see-support-from-economic-confidence-after-strong-us-gdp-report\/","title":{"rendered":"Stocks See Support from Economic Confidence After Strong US GDP Report"},"content":{"rendered":"<div class=\"layout__region nsdq-l-grid__item syndicated-article-body\">\n<section class=\"jupiter22-c-article-body\">\n<div class=\"body\">\n<div class=\"body__content\">\n<p>The\u00a0S&#038;P 500 Index ($SPX) (SPY) on Tuesday rose +0.46%,\u00a0the Dow Jones Industrials Index ($DOWI)\u00a0(DIA) rose +0.16%, and the\u00a0Nasdaq 100 Index ($IUXX) (QQQ) rose +0.50%.\u00a0 March E-mini S&#038;P futures (ESH26) rose +0.42%, and March E-mini Nasdaq futures (NQH26) rose +0.49%.<\/p>\n<p>Stock indexes closed higher on Tuesday on reinforced confidence in US economic fundamentals after the stronger-than-expected US Q3 GDP report of +4.3%, although most of the other economic reports were weaker-than-expected.\u00a0 In any case, stocks were undercut as the odds for a Fed rate cut at the next meeting on Jan 27-28 dropped to 13% from 20%.\u00a0Also, the 10-year T-note yield rose slightly.<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-iBE\"  class=\"btf-bodymidpagetwothirdswidth-1\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-iBE')) {             googletag.display('js-dfp-tag-iBE');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p>     <span>Join 200K+ Subscribers: <\/span> Find out why the midday Barchart Brief newsletter is a must-read for thousands daily.  <\/p>\n<p>\u00a0<\/p>\n<p>US Q3 real GDP rose +4.3% (q\/q annualized), stronger than expectations of +3.3% and the Q2 rate of +2.5%.\u00a0 The Q3 GDP Price Index rose +3.8% (q\/q annualized), much stronger than expectations of +2.7% and up from Q2\u2019s +2.1%.\u00a0 The Q3 core PCE Price Index rose +2.9% (q\/q annualized), in line with expectations but up from Q2\u2019s +2.6%.\u00a0<\/p>\n<p>The Conference Board\u2019s Dec US consumer confidence index fell by -3.8 points to 89.1 from Nov\u2019s revised level of 92.9 (preliminary 88.7), weaker than expectations for a report of 91.0.\u00a0<\/p>\n<p>The Dec Philadelphia Fed non-manufacturing index fell by -0.5 points to -16.8 from -16.3 in Nov, which was weaker than expectations for a rise to -15.0.<\/p>\n<p>Oct durable goods orders fell -2.2% m\/m, which was weaker than expectations of -1.5%.\u00a0 Oct durable goods orders ex-transportation rose +0.2% m\/m, slightly weaker than market expectations of +0.3%.\u00a0 Oct core capital goods orders (ex transportation and defense), a proxy for capital spending, rose +0.5% m\/m, which was slightly stronger than market expectations of +0.3%.<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-_0g\"  class=\"btf-bodymidpagetwothirdswidth-2\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-_0g')) {             googletag.display('js-dfp-tag-_0g');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p>Nov US industrial production fell -0.1% m\/m, slightly weaker than market expectations of +0.1%.\u00a0 Nov manufacturing production fell -0.4% m\/m, weaker than market expectations of +0.1%.\u00a0<\/p>\n<p>The Dec Richmond Fed manufacturing index rose by +8 points to -7 from Nov\u2019s -15, and was stronger than market expectations of -10.<\/p>\n<p>Seasonal factors are bullish for stocks.\u00a0 According to data from Citadel Securities, since 1928, the S&P 500 has risen 75% of the time in the last two weeks of December, climbing 1.3% on average.<\/p>\n<p>The markets are discounting a 13% chance that the FOMC will cut the fed funds target range by 25 bp at the next FOMC meeting on January 27-28.<\/p>\n<p>Overseas stock markets rose slightly on Tuesday.\u00a0 The Euro Stoxx 50 closed up +0.10%.\u00a0 China\u2019s Shanghai Composite closed up +0.07% for the fifth consecutive daily gain.\u00a0 Japan\u2019s Nikkei Stock 225 closed up +0.02%.<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-1UA\"  class=\"btf-bodymidpagetwothirdswidth-3\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-1UA')) {             googletag.display('js-dfp-tag-1UA');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p><strong>Interest Rates<\/strong><\/p>\n<p>March 10-year T-notes (ZNH6) on Tuesday fell by -1.5 ticks.\u00a0 The 10-year T-note yield rose by +0.2 bp to 4.165%.\u00a0 T-note prices fell on the stronger-than-expected US Q3 GDP report of +4.3%, although most of the other economic reports released Tuesday were mildly weaker than expected on balance.<\/p>\n<p>T-note prices were also undercut by supply overhang.\u00a0 The Treasury on Tuesday sold $70 billion of 5-year T-notes and $28 billion of 2-year floating rate notes.\u00a0 The Treasury will sell $44 billion of 7-year T-notes on Wednesday.<\/p>\n<p>European government bond yields ended lower.\u00a0 The 10-year German bund yield on Tuesday fell back from Monday\u2019s 9-month high and ended the day down -3.6 bp at 2.862%. \u00a0The 10-year UK gilt yield fell by -2.7 bp to 4.509%.<\/p>\n<p>Swaps are discounting a 0% chance for a -25 bp rate cut by the ECB at its next policy meeting on February 5.<\/p>\n<p><strong>US Stock Movers<\/strong><\/p>\n<p>The Magnificent Seven stocks all closed higher on Tuesday except for Tesla.\u00a0 Nvidia (NVDA) rallied by more then +3%.\u00a0 Alphabet (GOOGL)and Amazon.com\u00a0(AMZN) closed up by more than +1%.<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-S-g\"  class=\"btf-bodymidpagetwothirdswidth-4\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-S-g')) {             googletag.display('js-dfp-tag-S-g');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p>Chip stocks closed mixed.\u00a0 Marvel Technology\u00a0(MRVL) and Nvidia (NVDA) rallied by more than +3%, while Globalfoundries (GFS) was the weakest chip stock with a loss of -1.7%.<\/p>\n<p>Cryptocurrency-exposed stocks traded lower, with Bitcoin (^BTCUSD) falling about -0.8%.\u00a0<\/p>\n<p>Riot Platforms\u00a0(RIOT) fell by more than -5%, and Strategy (MSTR) fell by nearly -4%.\u00a0 Coinbase Global (COIN) and\u00a0 Mara Holdings\u00a0(MARA) fell by more than -2%.<\/p>\n<p>Miners saw support as gold, silver, and copper all posted new record highs on Tuesday.\u00a0 Freeport-McMoRan (FCX) closed up +2.5%, and Newmont Mining (NEM) closed up +0.35%.<\/p>\n<p>Sable Offshore Corp (SOC) soared by +36% after news that the US Department of Transportation Pipeline and Hazardous Materials Safety Administration approved the company\u2019s Las Flores pipeline restart plan.<\/p>\n<div class=\"ads__inline\">\n<div id=\"js-dfp-tag-pzM\"  class=\"btf-bodymidpagetwothirdswidth-5\">          <script type=\"text\/javascript\">         googletag.cmd.push(function() {             \/\/ Check if ID matches ID in the window.adsList array before calling googletag.display             function isAdInAdsList(id) {             for (var i = 0; i < window.adsList.length; i++) {                 if (window.adsList[i].id === id) {                     return true;                 }             }             return false;         }         if (isAdInAdsList('js-dfp-tag-pzM')) {             googletag.display('js-dfp-tag-pzM');         }         });     <\/script> <\/div>\n<\/p><\/div>\n<p>Zim Integrated Shipping Services (ZIM) rallied more than +5% after news of buyout interest from multiple potential bidders.<\/p>\n<p><strong>Earnings Reports(12\/24\/2025)<\/strong><\/p>\n<p>None.<\/p>\n<p><i>     On the date of publication,      Rich Asplund              did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes.          For more information please view the Barchart Disclosure Policy      here. <\/i><\/p>\n<p>\u00a0<\/p>\n<p> More news from Barchart <\/p>\n<ul>\n<li>If You Were Gifted $10,000 of Nvidia Stock Last Christmas, Here\u2019s How Much It Would Be Worth Today<\/li>\n<li>S&P Futures Muted With U.S. GDP Data in Focus<\/li>\n<li>Stocks Set to Extend Tech-Led Rally, U.S. Economic Data Awaited<\/li>\n<li>Last Christmas, Alex Karp Was \u2018Exceedingly Grateful\u2019 for Palantir Stock Bulls Who Ignored Wall Street's \u2018Rusty, Crusty Platitudes.\u2019 How Did Palantirians Do in 2025?<\/li>\n<\/ul>\n<p class=\"body__disclaimer\">The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p>        <script type=\"text\/javascript\">   \/\/ add oddAd class to every odd instance of body .ads__inline for different placeholder styles   let articleAds = document.querySelectorAll('.ads__inline');   for (let i = 0, len = articleAds.length; i < len; i++) {     \/\/ Do the below only if the curent count is less than 12     if ((i < 12) &#038;&#038; (i % 2 === 0)) {       articleAds[i].className += ' oddAd';     }   } <\/script>                                               <\/p>\n<div class=\"jupiter22-c-tags jupiter22-c-tags-default\">\n<h3 class=\"jupiter22-c-tags-title\">         Tags       <\/h3>\n<div class=\"jupiter22-c-tags-container\">Stocks<\/div>\n<\/p><\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The\u00a0S&#038;P 500 Index ($SPX) (SPY) on Tuesday rose +0.46%,\u00a0the Dow Jones Industrials Index ($DOWI)\u00a0(DIA) rose +0.16%, and the\u00a0Nasdaq 100 Index ($IUXX) (QQQ) rose +0.50%.\u00a0 March E-mini S&#038;P futures (ESH26) rose +0.42%, and March E-mini Nasdaq futures (NQH26) rose +0.49%. Stock indexes closed higher on Tuesday on reinforced confidence in US economic fundamentals after the stronger-than-expected [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":30048,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[18],"tags":[],"class_list":["post-30047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock","entry","has-media"],"_links":{"self":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/30047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/comments?post=30047"}],"version-history":[{"count":0,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/posts\/30047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media\/30048"}],"wp:attachment":[{"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/media?parent=30047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/categories?post=30047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sharewatch.com\/wp\/wp-json\/wp\/v2\/tags?post=30047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}