MARKET WRAP: JSE weaker, with focus on Thursday’s PCE inflation data
US GDP figures for the third quarter grew stronger than expected at a 5.2% annualised pace
29 November 2023 – 18:58
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The JSE pared losses on Wednesday, with global markets mixed as investors digested data that showed the US economy remained resilient.
US GDP data for the third quarter grew at a stronger-than-expected pace, accelerating at a 5.2% annualised pace. The boost came primarily from revisions to government spending and investments in non-residential structures, reported Bloomberg…
Source: businesslive.co.za
