Stock Market Live December 8: GDP Growth Forecasts Lift S&P 500 (VOO) Monday
Yahoo Finance·2025-12-08 15:31

Economic Outlook - U.S. Treasury Secretary Scott Bessent announced that the economy is performing "better than we thought," with a projected 3% real GDP growth for the year, following a 0.6% growth in Q1 and a 3.8% growth in Q2, with Q3 growth estimated at 3.5% by the Atlanta Fed [2][6] - Consumer sentiment is mixed, with the University of Michigan's survey showing a reading of 53.3, which is up 4.5 percentage points from November but down 28 points year over year, potentially influencing the Federal Open Markets Committee to lower interest rates [3] Earnings Reports - Upcoming earnings reports include Toll Brothers, expected to report Q4 earnings of $4.88 per share on $3.3 billion in sales, with AutoZone and Campbell's scheduled for Tuesday, and tech companies Oracle, Adobe, and Synopsys on Wednesday [4]

Stock Market Live December 8: GDP Growth Forecasts Lift S&P 500 (VOO) Monday - Reportify