Dow Gains Over 300 Points; US GDP Growth Revised Lower In Q4
Benzinga·2026-03-13 13:44

Market Performance - U.S. stocks traded higher, with the Dow Jones gaining over 300 points, up 0.68% to 46,995.67, NASDAQ rose 0.40% to 22,401.88, and S&P 500 increased by 0.50% to 6,706.16 [1] - Utilities shares rose by 1.3%, while energy stocks fell by 0.4% on the same day [1] Economic Growth - U.S. economic growth slowed sharply in Q4 2025, with GDP expanding at an annualized rate of 0.7%, revised down from an initial estimate of 1.4%, marking a significant deceleration from 4.4% growth in Q3 [2] Commodity Prices - In commodity news, oil prices decreased by 1.7% to $94.11, gold fell by 0.2% to $5,118.00, silver dropped 1.1% to $84.150, and copper declined by 0.8% to $5.8210 [3] European Market Performance - European shares were higher, with the eurozone's STOXX 600 rising 0.3%, Spain's IBEX 35 Index up 0.6%, London's FTSE 100 increasing by 0.3%, Germany's DAX gaining 0.3%, and France's CAC 40 rising 0.1% [4] Asian Market Performance - Asian markets closed lower, with Japan's Nikkei 225 down 1.16%, Hong Kong's Hang Seng index falling 0.98%, China's Shanghai Composite slipping 0.82%, and India's BSE Sensex dipping 1.93% [5]

Dow Gains Over 300 Points; US GDP Growth Revised Lower In Q4 - Reportify