Dow, S&P fall slightly after poor US GDP data

US stocks were mostly lower in opening trade Wednesday after government estimates showed the economy shrunk in the fourth quarter last year largely due to a cut back in government spending.

Five minutes into trade, the Dow Jones Industrial Average was down 10.95 points (0.08 percent) to 13,943.47.

The S&P 500, a broad measure of the markets, lost 0.78 points (0.05 percent) to 1,507.06.

But the tech-rich Nasdaq Composite gained slightly, adding 3.48 points (0.11 percent) at 3,157.14, helped by a 7.5 percent gain from Amazon.

The Commerce Department said the economy shrunk at an 0.1 percent pace in the fourth quarter of last year, mainly due to defense spending cutbacks, but for the full year the economy expanded a modest 2.2 percent.

Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2562+0.0007+0.06%
    USDSGD=X
    1.7366+0.0019+0.11%
    EURSGD=X
    2.1093+0.0027+0.13%
    GBPSGD=X
    81.4311-0.2428-0.30%
    SGDJPY=X
    6.1723-0.0033-0.05%
    SGDHKD=X
    2.5980-0.0031-0.12%
    SGDMYR=X
    9,258.3760-41.3086-0.44%
    SGDIDR=X
    4.9660-0.0027-0.05%
    SGDCNY=X
    1.1679+0.002+0.17%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,286.70+2.10+0.16%
    GCM14.CMX
    19.48+0.04+0.19%
    SIK14.CMX
    92.88+1.82+2.00%
    ^XAU
    3.07+0.01+0.21%
    HGK14.CMX
    101.64+0.20+0.20%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.71-0.03
    ^FVX
    2.69-0.04
    ^TNX
    3.47-0.03
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.151+0.009+6.34%
    545.SI
    0.121-0.001-0.82%
    B22.SI
    0.151+0.007+4.86%
    C68.SI
    0.64+0.045+7.56%
    5WH.SI
    1.350.0000.00%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    20.00+4.200+26.58%
    K6S.SI
    0.124+0.010+8.77%
    I9T.SI
    0.17+0.012+7.59%
    5PF.SI
    1.305+0.090+7.41%
    5DA.SI
    0.15+0.010+7.14%
    5GD.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.053-0.059-52.68%
    5TF.SI
    1.62-0.520-24.30%
    N02.SI
    0.30-0.020-6.25%
    508.SI
    0.123-0.008-6.11%
    S71.SI
    0.235-0.015-6.00%
    L6T.SI