Wall St dips at open despite strong GDP report
Investors are considering the strength of the economy a day after the Federal Reserve wound down its stimulus program
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Fred DeMarco, left, and fellow traders work on the floor of the New York Stock Exchange
US stocks dipped at the open on Thursday despite a stronger-than-expected reading on third-quarter economic growth, as investors considered the strength of the economy a day after the Federal Reserve wound down its stimulus program.
The Dow Jones industrial average rose 34.87 points, or 0.21 percent, to 17,009.18, the S&P 500 lost 4.51 points, or 0.23 percent, to 1,977.79 and the Nasdaq Composite dropped 16.80 points, or 0.37 percent, to 4,532.43.
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First Published: Oct 30 2014 | 7:20 PM IST