Big U.S. tech stocks continued to lure domestic investors
While growth slowed, the organization said, GDP topped pre-pandemic levels
Fitch Ratings sees savings glut supporting consumption amid rising prices
Petroleum demand has outstripped supply since early 2021
High prices aren't deterring consumers from spending
The shortage has forced auto producers to slow or halt production around the world
The rating agency sees conditions deteriorating as life, and spending habits, return to normal
Jobless rates remain above pre-pandemic levels in many markets
Household income rose even as GDP fell in Q2
Both housing prices and the number of home sales have grown in the past year