Futures lower, investors look ahead to GDP data

jeudi 30 octobre 2014

The Nasdaq logo is seen on the exterior of the Nasdaq MarketSite in New York * An advance read on third-quarter gross domestic product will be released at 8:30 a.m. (1230 GMT) and is seen showing economic growth slowed to 3 percent from 4.6 percent in the second quarter. The level of growth, which is expected to have been boosted by business spending, will be especially scrutinized a day after the Federal Reserve ended its stimulative bond-buying program. * Without quantitative easing - which fueled market gains over recent years, though its end was widely expected - investors are looking to when the central bank will begin raising interest rates. The Fed has said its first rate hike would be dependant on the strength of economic data.








via Business News http://ift.tt/1p5L2sl

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