Markets Snap Three-Day Winning Streak Amid China’s Strong GDP Data
China’s economy expanded 5% in 2024, meeting Beijing’s official target of “around 5%”. The fourth-quarter gross domestic product grew 5.4%, beating estimates. However, analysts are still hoping for more policies to boost the country’s economy. The S&P 500 fell on Thursday, snapping its three-day winning streak, while Treasury yields retreated further on waning inflation fears. … Read more