Sentiment is mixed into Thursday’s US GDP report. Nasdaq gains, S&P 500 lags, but investors question where to invest in the rising inflation environment. Some ETFs offer an efficient hedge against inflation. Else, Amazon investors care little about the latest antitrust allegations, as Coinbase jumps 8% after JP Morgan and Goldman issue Buy rating for the company’s stock. Gold nears overbought conditions above the $1900 per oz, as US crude sees little appetite above the $65 per barrel on softer-than-expected drop in US oil inventories last week.
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