Second quarter U.S. economic growth was revised to 4.2 percent Wednesday morning, an increase from the 4 percent number release in July.
BREAKING NEWS: 2Q GDP (2nd read): +4.2% (ACT) vs. +4.0% (EST) pic.twitter.com/VjX1Yy5cJx— FOX Business (@FoxBusiness) August 29, 2018
In addition to the good news about increased economic growth, the NAZDAQ also hit an all-time high.
Meanwhile, consumer confidence is at its highest level since 2000 as President Trump works with Canada this week on a new trade agreement. The President announced the end of NAFTA and a new deal with Mexico earlier this week and argued Canada will come to the table for a deal or see more tariffs.