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Wall St bounces after GDP figures

Thursday, January 30 15:35:52

Wall Street rebounded at the open today from the previous session's decline after data showed robust household spending and rising exports helped the U.S. economy to grow 3.2 percent in the fourth quarter.

The Dow Jones industrial average rose 79.89 points or 0.51 percent, to 15,818.68, the S and P 500 gained 9.43 points or 0.53 percent, to 1,783.63 and the Nasdaq Composite added 47.025 points or 1.16 percent, to 4,098.459.