Major U.S. stock-indexes fell on Thursday as earnings from Facebook (FB) and Procter & Gamble (FB) disappointed investors and data showed that the economy expanded at a slower-than-expected pace in the second quarter. Gross domestic product expanded at a 2.3% annual rate in the second quarter, below the 2.6% rise economists had expected, even as the Federal Reserve left doors open for a possible rate hike in September. The Fed has maintained near-zero interest rates for nearly a decade, saying it will raise rates only when it sees a sustained recovery in the economy.
Most of Dow stocks in positive area (20 of 30). Top looser - The Procter & Gamble Company (PG, -3.68%). Top gainer - Microsoft Corporation (MSFT, +1.80).
S&P index sectors are mixed. Top looser - Basic Materials (-0.5%). Top gainer - Conglomerates (+1.5%).
At the moment:
Dow 17675.00 -7.00 -0.04%
S&P 500 2102.25 +0.75 +0.04%
Nasdaq 100 4593.00 +28.00 +0.61%
10 Year yield 2,27% -0,01
Oil 48.90 +0.11 +0.23%
Gold 1090.00 -3.30 -0.30%