AllMarket Update
logoArgusNovember 29, 2023

Market Update: ENB, EOG, EQIX, EXPE, EXPE

Sector(s)
Energy, Real Estate, Consumer Cyclical
Summary

Stocks rose on Wednesday morning following a stronger-than-expected GDP report. The Commerce Department said that the U.S. economy expanded at a 5.2% annualized rate in 3Q, up from a prior estimate of 4.9% and above the Reuters consensus forecast of 5.0% growth. GM shares surged after the automaker announced a 33% dividend increase and a record stock buyback. The company also issued a new 2023 earnings forecast after withdrawing its guidance d

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