While you were sleeping: Wall St, greenback gain

Thu, 30 Mar 2017

By Margreet Dietz March 31 (BusinessDesk) - Wall Street and the US dollar advanced, while Treasuries declined, after a report showed stronger economic growth than previously estimated. A Commerce Department report showed gross domestic product rose at a 2.1 percent annualised rate in the fourth quarter, up from the previously reported 1.9 percent pace. Separately, a Labour Department reported showed initial claims for state unemployment benefits declined 3,000 to a seasonally adjusted 258,000 for the week ended March 25. The reports...

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