Highlights
April 28, 2017
At 0.7 percent in the first quarter, GDP opened the year unusually soft with consumer spending at only 0.3 percent. But there are points of strength in the report that point to a rebound ahead especially for housing and business investment. Stocks slipped on the day but, boosted by tax-reform gains on Monday and Tuesday, ended the week sharply higher with the Dow gaining 1.9 percent to 20,940.