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Benzinga
Benzinga
Business
Lisa Levin

Mid-Morning Market Update: US Markets Open Higher As GDP Rises 6.9% In Fourth Quarter

US stocks opened on a strong note on Thursday after the country’s economy grew 6.9% on quarter during the last three months of previous year, up from 2.3% expansion in the prior quarter and also above market estimates of 5.5%.

Following the market opening, the Dow traded up 1.43% to 34,657.34 while the NASDAQ rose 1.27% to 13,714.18. The S&P also rose, gaining, 1.43% to 4,412.35.

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