President Barack Obama Message Board

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Politics : President Barack Obama

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To: RetiredNow who wrote (125127)

10/26/2012 10:43:27 AM

From: ChinuSFO

Read Replies (1) of 149317

These folks are not mere armchair folks like you and me. They represent the situation on the ground. I look to this sort of data before I form my opinions. I dont let blog sites form my opinions. I read them for entertainment just like I do when I watch FOX News.
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Better GDP report sends stocks slightly higherStronger economic growth in the US last quarter nudges stock indexes higher on Wall StreetStocks are edging higher in early trading on Wall Street after the government reported a slight pickup in U.S. economic growth.

The gains were held in check by poor earnings reports from Goodyear Tire & Rubber and the lumber and real estate company Weyerhauser.

The Dow Jones industrial average was up 20 points at 13,123 shortly after the opening bell Friday.

The Standard & Poor's 500 index was up three at 1,416 and the Nasdaq composite rose 11 to 2,997.

The Commerce Department reported that the U.S. economy expanded at a 2 percent annual rate from July through September. In addition to stronger consumer spending, a critical piece of the nation's economic recovery, government spending also added to growth.

Economists had predicted more modest growth of 1.8 percent.

finance.yahoo.com

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