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American equity markets open higher despite missed US GDP

FXstreet.com (Barcelona) - The US stock market experienced a soft opening Thursday, edging higher despite the recent release of uneven US data. Gross Domestic Product (Annualized) came in at +2.4% in Q1, missing expectations of +2.5%. In addition, the Gross Domestic Product Price Index grew +1.2% in Q1, matching estimates of +1.2%.

Beginning with the indices and composites, the NASDAQ rose +0.24% as it settles in region of 3474.39, up +8.24 points in these moments. In addition, the S&P 500 is trading in positive territory, operating at 1649.32, ascending +1.19 points or +0.07% at the time of writing. Finally, the Dow Jones has moved higher at the opening, trading in the zone of 15315.58, presently +0.08% after a movement of +12.78 points.

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