26 Jun 2014

Morning markets for Thursday 26 June 2014

From Business News, 6:57 am on 26 June 2014

Stocks are again on the rise on Wall Street this morning, with the market shrugging off new data showing the US economy shrank 2.9 percent in the first quarter, worse than the 1.8 percent predicted. One of the most iconic stock indicies, the Dow Jones Index is up point two one percent to 16 853. It's a turnaround from yesterday when the index shed 119 points, its biggest one-day percentage drop in more than a month.