US stocks down after GDP report

Disappointing growth in the gross domestic product in the United States pushed stocks lower today even as investors welcomed a US$57bn (€43.7bn)merger between Procter & Gamble and Gillette.

US stocks down after GDP report
Fri, 28 Jan, 2005 - 23:37

Disappointing growth in the gross domestic product in the United States pushed stocks lower today even as investors welcomed a US$57bn (€43.7bn)merger between Procter & Gamble and Gillette.

Despite the losses, the major indexes eked out the first winning week of 2005.

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