U.S. stock futures pare gains slightly after GDP report

U.S. stock-index futures on Friday showed slight gains, but were off their best levels, after a first reading of U.S. economic growth came in a touch softer than forecast. Futures for the Dow Jones Industrial Average rose 37 points, or 0.1% to 26,413, while S&P 500 futures climbed 8 points, or 0.3%, to 2,849. Nasdaq-100 futures added 30.50, or 0.4%, to 6,961.75. U.S. fourth-quarter GDP was 2.6%. compared with expectations for 2.9%. Still, the reading signals that the economy is healthy after back-to-back readings of 3% in the previous two quarters.

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From:: Stock Market News

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