The U.S. Commerce Department said GDP increased at an annualised rate of 2.1% in the second quarter, higher than a 1.8% rate forecast by economists polled by Reuters.
The GDP data further solidified wide expectations that the U.S. FederalReserve will cut interest rates at its policy meeting next week. Those expectations have powered a solid run in stocks this month, helping Wall Street scale record levels.
For more information on Stock Tips For Tomorrow Nifty Call Option
and quick free trial click here > 911 133 9000
Visit http://www.epicresearch.co
Sign up here with your email