Summary
Wall Street yesterday shrugged off news that the US economy had grown at a slower pace than expected during the second quarter.
The commerce department said gross domestic product - the broadest measure of the economy - expanded at an annual rate of 2.4 per cent from April to June. The result is less than the 2.5 per cent pencilled in by economists and well down on the 3.7 per cent in Q1.See the full content of this document
Extract
Us Economic Growth Slows but Wall Street Remains Unfazed
Yesterday's Q2 reading is an initial estimate, and could be revised up or down over the coming months. The US economy...
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