The Traderszone Network

Published in TZ Latest News 29 May, 2015 by The TZ Newswire Staff

Stock Market Futures Lower; First-Quarter GDP Down 0.7%

Stock futures were modestly lower Friday as the nation’s GDP showed a significant drop. Nasdaq futures were down 0.3% while the S&P 500 and Dow Jones industrial average indicated a 0.2% drop in the stock market today. The latest reading on first-quarter gross domestic product showed a contraction of 0.7%, nearly in line with the consensus forecast of a 0.8% decline.

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