Shares Stocks Advantage Lower After GROSS DOMESTIC PRODUCT Growth Disappoints NEW YOU ARE ABLE TO (AP) ” Stocks were buying and selling mostly lower following the government reported the actual U. S. economy grew in a slower pace compared to economists had expected within the fourth quarter. The Dow Jones commercial average fell 83 factors, or 0. 7 %, to 12, 652 soon before noon Fri. The SP 500 catalog fell 5 points to at least one, 314. The Nasdaq edged upward 4 to two, 809. The government stated the economy grew in a 2. 8 percent annual rate within the final three months of this past year. Economists had anticipated 3 percent development. Among shares making big techniques, Chevron Corp. fell 3 percent following the energy company’ utes fourth-quarter revenue as well as earnings per reveal came in nicely below what experts were expecting. Ford Engine Co. fell 3 % after reporting unsatisfactory fourth quarter earnings because of weak sales within Europe. View this post on my blog: http://stocktips.valuegov.com/shares-stocks-advantage-lower-after-gross-domestic-product-growth/
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