After a brutal 30 days, Wall Street has begun to look up - if even just for a moment - as stocks rally this afternoon about an hour and a half before trading closes, according to major news sources.
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The Commerce Department reported the first estimate of third-quarter Gross Domestic Product (GDP) today, and the results - unsurprisingly - were bleak. The U.S. economy is the weakest it’s been in 28 years.
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Finally some good economic news as oil drops $10/barrel in two days and airline losses come in lower than expected.
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