Skip to main content
Advertising

Originally published April 26, 2013 at 6:50 AM | Page modified April 26, 2013 at 8:13 AM

  • Share:
           
  • Comments (0)
  • Print

Stocks edge lower as economic growth disappoints

Stock indexes are edging lower in early trading on Wall Street after the government reported U.S. economic growth that wasn't as strong as economists had forecast.

The Associated Press

Most Popular Comments
Hide / Show comments
No comments have been posted to this article.
Start the conversation >

advertising

NEW YORK —

Stock indexes are edging lower in early trading on Wall Street after the government reported U.S. economic growth that wasn't as strong as economists had forecast.

The Dow Jones industrial average slipped two points to 14,694 shortly after the opening bell Friday.

The Standard & Poor's 500 index was down three points at 1,581, or 0.2 percent.

The Nasdaq composite was off eight at 3,281, or 0.3 percent.

The government reported that the U.S. economy expanded at an annual rate of 2.5 percent in the first three months of the year. That's better than the 0.4 percent growth rate in the final three months of last year, but not as strong as the market had been expecting.

Homebuilder D.R. Horton jumped 6 percent after reporting a surge in revenue.

News where, when and how you want it

Email Icon


Advertising
The Seattle Times

To keep reading, you need a subscription.

We hope you have enjoyed your complimentary access. Subscribe now for unlimited access!

Subscription options ►

Already a subscriber?

We've got good news for you. Unlimited seattletimes.com content access is included with most subscriptions.

Subscriber login ►