FXStreet – The major US stock indexes opened on the last trading day of the week, as investors process the disappointing US GDP, which has the lowest growth in 3 years.
The GDP is in the 1. Quarter of year-on-year at 0.7%, after 2.1% in Q4 2016. The recovery of the Oil supports the energy stocks, what is the immediate limited downward correction.
The Dow Jones Industrial Average is 9 points on 20972, while the S&P 500 price, compared to yesterday’s 2388-circuit hardly changed. The Nasdaq reached its new record high of 6060, while it increased almost 10 points.
** FXStreet News Editorial, FXStreet**