US stocks rise as GDP signals economic strength

Newswire

(Updates to early afternoon) By Anupama Chandrasekaran NEW YORK, May 26 (Reuters) - U.S. stocks gained on Thursday after the government's upward revision U.S. economic growth for the first quarter came in slightly below analysts' expectations, boosting confidence about the economy while easing worries about inflation. Strong earnings from Toll Brothers Inc. lifted shares of other home builders. Technology stocks climbed as investors who missed out on Nasdaq's recent rally, its longest ...

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