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Friday, April 30, 2010

Stocks turn lower after weaker-than-expected GDP

The GDP rose at a 3.2% annual pace in the Q1,Economists forecast GDP would rise 3.4%.
A drop in consumer sentiment contributed to the selling.
Despite the gains the past two days, investors are still keeping an eye on the European debt problems.
An aid package for Greece could come over the weekend.
Federal prosecutors are looking into whether to pursue a criminal case against Goldman, according to published reports.Goldman shares fell $12.26, to $147.94.

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