The Traderszone Network

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

Stocks Rebound From Weak Open Amid Q2 GDP; Amazon Earnings Badly Miss

The major market indexes fell across the board early Friday. Meanwhile, Q2 GDP met expectations — up 2.6% — while the previous quarter was revised lower, from 1.4% to 1.2%.

The tech-heavy Nasdaq dropped 0.5%, extending a two-day loss to about 1%. Thursday’s volatility-fueled trading session snapped a three-day winning streak. The Nasdaq had previously advanced in 13 of the last 14 trading days.

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