The U.S. economy is resilient, optimistic about interest rate cuts in 2025, and GDP growth is 3%

The major stock indexes (^GSPC, ^IXIC, ^DJI) struggled to capitalize on recent gains, with technology stocks sliding.

Yahoo Finance reporter Josh Schafer joins Josh Lipton seek trends Key data points are discussed, including comments from Federal Reserve Governor Christopher Waller on a possible rate cut in 2025.

Although retail sales were lower than expected, the control group (automobiles, gasoline, construction materials) exceeded expectations – pushing GDP growth to 3%.

Watch the video above to see how the U.S. economy remains resilient on the back of strong spending by top earners and a good labor market. This highlights the positive outlook for 2025.

To watch more expert insights and analysis on the latest market action, check out more seek trends here.

This article was written by Josh Lynch