Friday, 29 May 2015

Wall Street opens marginally lower after GDP data

Traders work shortly after the opening bell on the floor of the New York Stock Exchange May 21, 2015. REUTERS/Lucas Jackson
U.S. stocks opened marginally lower on Friday after data showed that the economy contracted slightly less than expected in the first quarter.
The Dow Jones industrial average .DJI fell 13.95 points, or 0.08 percent, to 18,112.17, the S&P 500 .SPX lost 0.96 points, or 0.05 percent, to 2,119.83 and the Nasdaq Composite .IXIC dropped 0.30 points, or 0.01 percent, to 5,097.67.

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