Commerce Department and Nasdaq Composite Index

Dow Jones Industrial Average: The S&P 500 dipped 3.65 points, or 0.19 percent, to 1,948.05, according to Xinhua China. The Nasdaq Composite Index added 8.27 points, or 0.18 percent, to 4,590.47. The Dow Jones Industrial Average fell 57.32 points, or 0.34 percent, to 16,639.97. According to the second estimate released Friday by the Commerce Department, U.S. real gross domestic product increased at an annual rate of 1.0 percent in the fourth quarter of 2015, beating market consensus of 0.4 percent. While consumer spending growth was slightly weaker than initially reported, overall consumption grew 3.1 percent in 2015, the strongest growth since 2005," said Sophia Kearney-Lederman, an economic analyst at FTN Financial. In the previous estimate, the increase in real GDP for the fourth quarter of 2015 was 0.7 percent. "The second print of Q4 GDP surprised to the upside, though the underlying picture of moderation at the end of last year remains unchanged. (news.financializer.com). As reported in the news.

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