Stock Futures Bounce Higher After GDP Report

May 29, 2025
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After losing some steam earlier in the morning, stock futures were trending back up after the latest update on first-quarter GDP came in a tick higher than the initial estimate.

The Bureau of Economic Analysis revised its estimate for gross domestic product to a decline of 0.2%, up from a prior estimate of a 0.3% drop.

Dow futures were up 0.3%. S&P 500 futures were up 0.9%. Nasdaq futures rose 1.4% after Nvidia’s earnings report lifted tech stocks.

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