Stocks opened Thursday’s trading session higher after new data showed the U.S. economy contracted for the second-straight quarter in Q2.
Shortly after the opening bell, the S&P 500 and Nasdaq were up about 0.3%, while the Dow was up closer to 0.2%.
Data from the Commerce Department out Thursday morning showed GDP growth fell at an annualized rate of 0.9% in Q2, marking the second-straight quarter we’ve seen a drop in economic activity.
Thursday’s early move served as a continuation of sharp…
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