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US GDP growth beats forecasts; tech shares surge after stellar results – business live

Rolling coverage of a crucial growth report on the US economy, after strong results from America’s tech giants cheer the marketsLatest: US economy grew by 3% (annualised) in Q3.Consumer spending and business investment drove growthExports also rose, and businesses expanded their inventoriesEarlierAmazon, Alphabet and Microsoft smashed forecasts last nightAmazon and Read more…