Business News Updates – Wall Street sees mostly higher ending

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ANI has reported on that Wall Street has wrapped up the day on Saturday mostly higher. The US gross domestic product came in at 2.3% annualized pace in the first quarter, slower than in the previous quarter, but better than the anticipated growth of 2%. A different set of data revealed that wages surged at their fastest speed in 11 years.

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Microsoft and Intel went up following the topping of their profit forecasts. Amazon also moved up on surprisingly good results. Sprint also went up after a report from Reuters regarding the closing of its merger with T-Mobile. In contrast, ExxonMobil slipped on missed profit while European markets went up on positive earnings.

Photo courtesy of Stuart Miles/Freedigitalphotos.net.

Business News Update. Photo courtesy of Stuart Miles/Freedigitalphotos.net.

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