US stocks dip on GDP news

Strong growth in the United States’ gross domestic product spooked investors and sent stocks mostly lower today as the data renewed fears that the Federal Reserve would continue raising interest rates.

US stocks dip on GDP news
Wed, 30 Nov, 2005 - 22:33

Strong growth in the United States’ gross domestic product spooked investors and sent stocks mostly lower today as the data renewed fears that the Federal Reserve would continue raising interest rates.

Despite the drop, the market ended November with impressive gains.

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