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Stock indexes flat ahead of GDP report

Stock indexes flat ahead of GDP report

Stocks are poised for a flat open ahead of a report that will show whether the U.S. economy is growing.
The Commerce Department will issue its first gross domestic product report for the October to December quarter on Friday. Analysts expect that the economy grew at an annual rate of 3.5 percent.
Ford Motor Co. reported earnings that fell short of expectations before the market opened. Its shares are down 7 percent in pre-market dealings.
Amazon.com Inc. is down 8 percent after missing Wall Street's revenue target in its latest quarter.
Ahead of the opening bell, Dow Jones industrial average futures are up 4, or less than 0.1 percent, to 11,948. S&P 500 futures are down less than a point at 1,296. Nasdaq 100 futures are up 1 to 2,324.


Updated : 2021-05-11 16:37 GMT+08:00