Stocks were slightly higher Thursday after an update of fourth-quarter gross domestic product showed the U.S. economy had expanded at a 2.9% pace for the...
Stocks were slightly higher Thursday after an update of fourth-quarter gross domestic product showed the U.S. economy had expanded at a 2.9% pace for the full year of 2018. The S&P 500 SPX, +0.27% was up 0.3% to around 2,813. The Dow Jones Industrial Average DJIA, +0.28% picked up 108 points, or 0.4%, to 25,725. The Nasdaq Composite COMP, +0.18% rose 0.2% to 7,659. U.S. gross domestic product grew 2.2% in the last three months of 2018, down from a previous estimate of 2.6%.
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