GDP Revision Reveals US Economy Grew Much Slower In First-Quarter Than Anticipated - Presented by: The Aol. On Network

U.S. stocks climbed on Wednesday despite a weak final reading on first-quarter GDP. Gross domestic product expanded at a 1.8 percent annual rate, the Commerce Department said in its final estimate on Wednesday. Output was previously reported to have risen at a 2.4 percent pace. Economists polled by Reuters had expected first-quarter GDP to be left unrevised at 2.4 percent.  The data comes on the heels of Federal Reserve Chairman Ben Bernanke’s comments last week that the U.S. central bank woul



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AAPL $ 97.19 2.47 ▲ 2.61%
FB $ 71.29 2.02 ▲ 2.92%
MSFT $ 44.87 0.04 ▲ 0.09%
EMC $ 28.75 0.23 ▲ 0.81%
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