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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 17,730.11 0.16
Arrow Nasdaq 5,009.22 0.08
Arrow S&P 2,076.78 0.03
Arrow FTSE 6,585.78 0.67
Arrow DAX 11,058.39 0.37
Arrow CAC-40 4,808.22 0.57
Arrow Nikkei 20,539.79 0.08
Arrow H.Seng 26,064.11 0.83
Arrow Sensex 28,092.79 0.53





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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln