The NASDAQ took a much needed breather Friday as the index fell 0.49% while the S&P 500 dropped 0.30%. Still this month was the best since October 2011 for the S&P 500 and January 2012 for the NASDAQ. The S&P 500 gained 5.5% for the month, while the NASDAQ rose 7.1%. Fourth-quarter GDP was revised to show growth of 2.2%. Analysts polled by Reuters expect GDP growth of 2.1%, after a final reading of 5.0% in the third quarter. Consumer sentiment came in at 95.4 for February, beating expectations but down from January’s 98.1.Continue reading
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