We’re a bit taken aback by the newly released revisions to Q1 GDP.
GDP growth was slashed to 1.8% from a previous reading of 2.4%.
Personal consumption growth was cut to 2.6% from 3.4%.
For now, markets are taking it in stride and barely budging.
Dow futures are up 60 points.
S&P 500 futures are up 9 points.
The U.S. 10-year Treasury yield is sitting at 2.52%.
Here’s a look at Dow futures since yesterday’s close.
Business Insider Emails & Alerts
Site highlights each day to your inbox.