US STOCKS SNAPSHOT-Wall St rises as GDP, consumer data boosts

NEW YORK, Jan 29 (BestGrowthStock) – U.S. stocks (Read more about the stock market today. ) rose on Friday
after U.S. gross domestic product data showed the economy grew
at a much faster pace than expected in the fourth quarter,
while business activity in the U.S. Midwest hit a four-year
high in January.

* But stocks were off their highs after a report showed
U.S. consumer confidence rose to a two-year high this month as
the economic outlook improved, though most consumers had a grim
view of their own personal financial and employment prospects.

* The Dow Jones industrial average (.DJI: ) gained 62.95
points, or 0.62 percent, to 10,183.41. The Standard & Poor’s
500 Index (.SPX: ) gained 6.82 points, or 0.63 percent, to
1,091.35. The Nasdaq Composite Index (.IXIC: ) gained 15.84
points, or 0.73 percent, to 2,194.84.

Investment

(Reporting by Edward Krudy; Editing by Padraic Cassidy)

US STOCKS SNAPSHOT-Wall St rises as GDP, consumer data boosts