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imageNEW YORK: US stocks opened mixed Friday after the Commerce Department's first quarter growth estimate came in at a modest 2.5 percent, a rebound from the previous quarter but slower than expected.

The Dow Jones Industrial Average gained 9.63 points (0.07 percent) to 14,710.43 in the first five minutes of trade.

The broad-based S&P 500 fell 1.69 (0.11 percent) to 1,583.47, while the tech-rich Nasdaq Composite Index lost 7.60 (0.23 percent) to 3,282.39.

"The sustained strength in the housing market, the pickup in consumer spending and the further advance in business capital spending... suggest the economy has some underlying strength," said economist Sal Guatieri of BMO Capital Markets.

Copyright AFP (Agence France-Presse), 2013


 



 
Index Closing Chg%
Arrow DJIA 16,528.03 0.69
Arrow Nasdaq 4,776.51 1.07
Arrow S&P 1,927.18 0.84
Arrow FTSE 6,247.94 0.90
Arrow DAX 10,259.46 0.38
Arrow CAC-40 4,652.95 0.47
Arrow Nikkei 18,890.48 1.28
Arrow H.Seng 21,670.58 0.27
Arrow Sensex 26,283.09 0.41





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln