Wall Street trims losses after consumer data (Reuters)
NEW YORK (Reuters) – Stocks opened lower on Friday after data showed U.S. economic growth slowed more than expected in the second quarter, underscoring worries about the recovery.
The Dow Jones industrial average (.DJI) was down 81.74 points, or 0.78 percent, at 10,385.42. The Standard & Poor’s 500 Index (.SPX) was down 9.92 points, or 0.90 percent, at 1,091.61. The Nasdaq Composite Index (.IXIC) was down 23.76 points, or 1.06 percent, at 2,227.93.
(Reporting by Caroline Valetkevitch; Editing by Theodore d’Afflisio)
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Wall Street trims losses after sentiment data (Reuters)
NEW YORK (Reuters) –
Stocks trimmed losses to trade around breakeven on Friday after a report showed consumer sentiment rose in June to its highest since January 2008.
The Dow Jones industrial average (.DJI) dropped 8.46 points, or 0.08 percent, to 10,144.34. The Standard & Poor’s 500 Index (.SPX) gained 0.82 points, or 0.08 percent, to 1,074.51. The Nasdaq Composite Index (.IXIC) dropped 3.51 points, or 0.16 percent, to 2,213.91.
(Reporting by Edward Krudy; editing by Jeffrey Benkoe)
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