Frankfurt Encouraging corporate results and optimistic outlook attract investors to Wall Street. The US standard value index Dow Jones rose by 1.7 percent to 32,662 points on Thursday. The broad-based S&P 500 and the tech-heavy Nasdaq each gained more than two percent.
The market-wide S&P has again risen above the psychologically important mark of 4000 points. The day before, the index had just missed this level.
The US economy shrank a little more than expected in the first quarter: gross domestic product (GDP) fell by an annualized 1.5 percent in the first quarter, as the Department of Commerce announced on Thursday based on a second estimate. Initially, there was talk of a minus of 1.4 percent.
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