There Goes The Rally

UPDATE (4:00 PM):
Markets closed flat.  Click here for full details >

UPDATE (11:05 AM):
All of this morning’s gains are gone.  The Dow is now down 37 points.  The S&P 500 is down 6 points.


Photo: Google Finance

EARLIER (9:45 AM):
The Bureau of Economic Analysis just released its Q3 GDP number. It came in at 2.0%, which was ahead of economists’ expectation 1.8%.

Ahead of the report, Dow futures were down 80 points, and European markets were getting pummelled.

But now everything’s up!

The Dow is up 23 points. The S&P 500 is up 2 points. The Nasdaq is up 9 points.

In Europe, England’s FTSE, France’s CAC 40, and Germany’s DAX all turned positive.

Here’s a look at the Euro Stoxx 50:



Photo: Bloomberg

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

markets moneygame-us