Stocks open higher on upward GDP revision
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U.S. stocks opened sharply higher on Wednesday after the government raised its estimate of third-quarter economic growth, calming worries the economy was slowing sharply.
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sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks slightly higher yesterday.
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US stocks were set for a higher start on Friday, as new data showed the labour market picking up in May and inflation pressures moderating during April.
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Stocks rose at the open on Tuesday, sending the Nasdaq Composite Index up more than 1 percent, as investors drew support from a recovery in Asian and European equities following a turbulent sell-off that hit global markets.
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U.S. stocks rose on Wednesday after the government raised its estimate of third-quarter economic growth, soothing fears that a sharply weaker economy would hurt corporate profits.
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U.S. stock futures rose on Tuesday,  pointing to a flat market open, after preliminary third-quarter  gross domestic product data showed higher-than-expected growth.
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Stock futures climbed higher on  Wednesday, pointing to a stronger market open, after news that  core inflation rose only slightly more than expected last  month, easing concern about faster interest-rate hikes by the  Federal Reserve.
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Stocks were set to open higher on Friday as signs of continued strength in the job market eased concern about economic growth and the outlook for corporate profits.
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Stocks were modestly higher at the opening, bolstered by hopes the economy will dodge a recession through new rate cuts and government stimulus efforts.
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Stocks rose at the market open on Tuesday, led by early gains in the biotechnology and computer equipment sectors.
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Stock futures rose on Friday, pointing  to a higher market open, after U.S. employment data came in  slightly lower than expected.
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Stocks rose on Friday after data showed strength in the economy while an inflation measure moderated, putting the stock market on track to end the quarter on a strong note.
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WALL Street opened higher today on the heels of last week&#39;s closing rally, with investors awaiting the latest snapshot on US factory orders.
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A sluggish gross domestic product reading was nonetheless better than expected, prompting investors to send stocks slightly higher Friday on hopes that the economic slowdown would not be as bad as first thought.
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Stocks extended gains early on Thursday, sending the Nasdaq up more than 1 percent, as optimism about government efforts to forestall a recession fueled a market recovery.
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U.S. stocks opened a touch higher on  Thursday after data on unemployment claims offered a dose of  cheer for the job market, while investors drew comfort from a  fall in crude oil prices.
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U.S. stocks opened higher on Friday,  after a lower-than-expected monthly jobs report allayed  investor worry that the Federal Reserve would move aggressively  to raise interest rates.