The Traderszone Network

Published in TZ Latest News 28 January, 2017 by The TZ Newswire Staff

What Investors Might Have Missed in the Markets This Week

Image source: Getty Images.

The markets managed to hold onto weekly gains on Friday despite a weaker-than-anticipated gross domestic product (GDP) figure. The U.S. economy slowed a bit during the fourth quarter with a seasonally adjusted annual rate of 1.9%, the Commerce Department reported Friday. That result was lower than the 2.2% consensus estimates of economists polled by The Wall Street Journal, and well below last year’s fourth-quarter result of 3.5%.

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