Stocks open slightly higher after second-quarter GDP

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Stocks open slightly higher after second-quarter GDP
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U.S. stocks post slight gains at opening bell in wake of latest GDP data

Stocks rose at the opening bell on Friday after the U.S. grew at a 2.1% annualized pace in the second quarter, coming in above analysts' estimates. The S&P 500 SPX, +0.46% was up 0.3% to around 3,013 The Dow Jones Industrial Average DJIA, +0.12% advanced 30 points, or 0.1%, to 27,170. The Nasdaq Composite COMP, +0.89% rose 0.7% to 8,295. The S&P 500 index, Dow and Nasdaq are on course for weekly gains. The U.S. economy grew at an annualized rate of 2.

rose 8.8% in premarket trade after the search engine company's earnings and revenues beat expectations.

 

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