The US economy grew 1.7% in the second quarter according to the preliminary reading. The advanced reading out a month ago pegged GDP growth at 1.5% in the second quarter. The Dow Jones Industrial

The Labor Department reported that nonfarm payrolls rose by a slim 69,000 in May, the fewest since May 2011 and significantly below expectations. In addition the April payroll figure was revised

The Dow Jones Industrial Average opened below 12,900 trading down to 12,817.69 and the afternoon rebound was below 12,900. The NASDAQ traded up to 2918.26 then declined to 2892.71 before

The preliminary reading on U.S. GDP showed that the growth rate slowed to 2.0% from the 2.5% reading from the advanced release. In their minutes from the last FOMC meeting the Federal Reserve sees

Initial Jobless Claims came out at 390,000 in the latest week still above the 350,000 recessionary threshold. The Trade Deficit came in at $43.11 billion in September. Import Prices were down 0.6%

Durable Goods Orders rose by a larger than expected 4.0% and up 0.7% excluding transportation. Mortgage applications for home purchases fell 5.7% to the lowest level since December 1996. The Dow