Walgreens earnings, GDP, consumer sentiment: What to Watch

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Walgreens Boots Alliance (WBA) is set to post its second-quarter earnings results, with investors eyeing closely to see if competition and consumer spending have been a difficult challenge for the company.

A new Gross Domestic Product (GDP) reading for the fourth quarter in the US will be revealed. The reading is expected to come in at a 3.2% annual rate, and give more insight into the rate of growth for the US economy. 

The University of Michigan will release the final reading for consumer sentiment for the month of March. So far, consumer sentiment has remained mostly the same since January.

Thursday will also be the last trading of the week, but more importantly, the last trading day of 2024's first quarter, putting a cap on a strong performance from US equities (^GSPC, ^DJI, ^IXIC).

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Editor's note: This article was written by Nicholas Jacobino