Feb 28, 2013
American equity markets barely changed after GDP data
The US Stock market experienced a modestly positive opening Thursday, after the release of several US indicators. In the United States, Gross Domestic Product Annualized (Q4) came in at just +0.1%, against expectations of +0.05%. In addition, the Gross Domestic Product Price Index (Q4) grew +0.9%, vs. estimates of only +0.6%. Initial Jobless Claims (February 22) were reported at 344K, against a projected figure of 360K. Finally, Personal Consumption Expenditures Prices (QoQ) have grown +1.5% in the fourth quarter, compared with +1.2% previously.
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