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Equities Sector Coverage: Stocks Gain on Fed’s Beige Book But Fade Into Close

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
Investor’s first read      - Brooksie’s edge before the openWednesday, May 9, 2012        8:15 a.m. ETDJIA: 12.932.09S&P 500:   1363.72Nasdaq Comp.: 2,946.27Russell 2000: