U.S. Stocks Steady After GDP Beats Expectations

  • 12 years ago
Stocks were little changed on Friday, after data showed the economy grew at a faster pace than expected.
Investor sentiment got a boost after the Commerce Department said U.S. GDP expanded at a 2.0 percent annual rate in the third quarter.
The University of Michigan's final reading on the overall index on consumer sentiment showed that sentiment rose to its highest level in five years in October.

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