Wall Street lifts on GDP uplift

Markets

Wall Street lifts on GDP uplift

Wall Street got a surprise boost yesterday (30/08/17) when Gross Domestic Product (GDP) figures were revised up.

US annual growth rate for the second quarter was revised to 3% citing higher consumer spending and strong business investment as the reasons.

The Dow Jones Industrial Average (DJIA) closed up at 21892 and the S&P 500 closed up at 2457

 

 

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