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It was a stunning reversal after the S&P 500 dropped as much as 2.3% and the Dow fell 780 points in early trading. Stocks initially tumbled after a report suggested the U.S. economy may have shrunk at ...
One number from the GDP report embodies this impact: The trade balance took a huge dive in Q1, subtracting 4.8 percentage ...
The Commerce Department's advance gross domestic product (GDP) report on Wednesday, however, grossly exaggerated the economy's fading prospects.
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