The Dow Jones industrial average fell by 0.13% to 17755,80 point, high-tech NASDAQ – on 0,42%, to 5074,27 points, the index of wide market S&P 500 by 0.04% to 2089,41 item.
MOSCOW, 29 Oct. U.S. stock indexes on Thursday fell amid statistics on the country’s GDP, according to data exchanges.
The Dow Jones industrial average fell by 0.13% to 17755,80 point, high-tech NASDAQ — on 0,42%, to 5074,27 points, the index of wide market S&P 500 by 0.04% to 2089,41 item.
According to the Bureau of economic analysis of the U.S. Department of Commerce, real GDP growth in the third quarter of 2015, according to the first estimate, amounted to 1.5% in annual terms. The data were worse than forecasts of analysts, who had expected GDP growth of 1.6%. In the second quarter the growth amounted to 3.9%. Real growth in consumer spending in the third quarter slowed to 3.2% from 3.6% a quarter earlier.
Meanwhile, the number of initial applications for unemployment benefits in the U.S. for the week ended 24 October, increased by 1 thousand, compared with figures of previous period — to 260 thousand, while experts had expected growth rate up to 265 thousand to 259 thousand.
According to the senior Financial investreality Albion Jason ware (Jason Ware), on Wednesday, the markets rebounded from the fed statements, the analyst believes that after a strong surge at the end of September, the markets just need a break.
“I would just say that we had great growth, and in the next few days to make a small pause”, — quotes the words of expert Reuters.