US GDP 2nd estimate for Q2 3.3% vs 3.1% estimate ...Middle East

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US GDP 2nd estimate for Q2 3.3% vs 3.1% estimate
Prior estimate 3.0%GDP 2nd revision 3.3% vs 3.1% estimateSales Preliminary Q2 6.8% vs 6.3% lastConsumer spending Prel. 1.6% vs 1.4% lastGDP deflator 2.0% vs 2.0% estimate. Last 2.0%Core PCE Prices prelim. 2.5% vs 2.6% est. Last 2.5%PCE prices preliminary 2.0% vs 2.1% preliminaryPCE ex food and energy housing 2.2% versus 2.2% preliminaryPCE Services ex energy and housing 2.1% vs 2.3%

The data is old news better and quarter data makes the start point for the current quarter a higher level.

US stocks are marginally higher:

    Dow industrial average up 80 pointsS&P up 3.35NASDAQ index up 3.15% This article was written by Greg Michalowski at investinglive.com.

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