Market Cheers GDP Report: SPX, Nasdaq, FCX, RTP, BTU, ABX, PRU, PNC, HIG, WFC, CLF, PCLN, LVS, WYNN
Posted on October 30, 2009 at 00:46 AM EDT
This morning, the GDP report was better than expect, coming in at +3.5% (vs. the consensus of +3.2%) for the quarter from July through September. The market was encouraged by the news and rallied back up, after the recent 4-day selloff. The Dow was particularly strong, charging up almost +200 points!! Commodity sectors had sold off hard earlier [...]