What you need to know… The S&P 500 Index ($SPX) (SPY) on Thursday closed up +0.53%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +0.64%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +0.10%. Stocks on Thursday closed moderately higher as signs of a resilient U.S. economy bolsters expectations that the Federal Reserve can engineer a soft landing. Thursday’s economic news showed U.S. Q4 GDP grew more than expected, powered by strength in consumer spending. Also, the Q4 core PCE price index was unchanged from Q3, signaling tame price pressures. In addition, weekly jobless claims ros…