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Wall Street. Major U.S. stock-indexes rose
Major U.S. stock-indexes rose on Friday after weak GDP data raised expectations that the U.S. Federal Reserve would go slow on future interest rate hikes. U.S. gross domestic product rose 0,7% in the fourth quarter, below the 0,8% expected, as a strong dollar and tepid global demand hurt exports. While the Fed has not ruled out another rate hike in March, the current turmoil could force it to wait until June.
Most of Dow stocks in positive area (26 of 30). Top looser - Chevron Corporation (CVX, -1,25%). Top gainer - Microsoft Corporation (MSFT, +5,61%).
All S&P sectors in positive area. Top gainer - Technology (+2,4%).
At the moment:
Dow 16262.00 +290.00 +1.82%
S&P 500 1918.75 +38.00 +2.02%
Nasdaq 100 4239.75 +86.00 +2.07%
Oil 33.51 +0.29 +0.87%
Gold 1116.80 +0.70 +0.06%
U.S. 10yr 1.92 -0.06
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