• Dow, S&P hit records, Ford shares spike

  U.S. stocks rallied across the board despite a slightly weaker-than-expected 6.5% rise in U.S. GDP. Technology stocks paced the early gains with Microsoft and Tesla rising, countering a drop in Facebook, after it warned of slowing growth in the coming quarters. In auto stocks, Ford jumped 5% after boosting its financial outlook despite the ongoing chip shortage.

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