The market is poised for another positive day as investors react to revised GDP numbers which show that the economy grew faster than previously thought at the end of last year.
According to the Commerce Department, the economy grew at 3.1% during the fourth quarter, which is higher than analysts had been expecting to see. Going into today's report analysts had been expecting to see revised GDP output of 3.0%.
Last month ...Revised GDP Numbers Send Stocks Higher
Posted On Friday, 25 Mar 2011 By Michael. Under Economy, Good News, Market Updates Tags: analyst, Commerce, commerce department, consumer, consumer spending, Department, DOW, economic recovery, Economy, final 3, first quarter, gdp, gdp growth, gdp output, investors, market, NASDAQ, Oil, rising oil prices, stocks
The market is poised for another positive day as investors react to revised GDP numbers which show that the economy grew faster than previously thought at the end of last year.
According to the Commerce Department, the economy grew at 3.1% during the fourth quarter, which is higher than analysts had been expecting to see. Going into today's report analysts had been expecting to see revised GDP output of 3.0%.
Last month ...Premarket look: Market poised for lower start to kick off February
Posted On Monday, 02 Feb 2009 By Michael. Under Before the Bell, Congress, Consumer Experience, Economy, Market Updates Tags: consumer spending, Economy, premarket, stimulus, Trading
Taking a look at futures trading this morning indicates that the market is going to get off to a tough start for the trading day of February.
Investors continue to express concern that the stimulus package that was recently passed in the House is not going to get passed when the Senate gets its chance to vote on the new plan. There is still a good deal of concern over what ...
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