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U.S. markets news

Economy bounces back: GDP grows 2.3% in second quarter
The U.S. economy bounced back in the second quarter on stronger consumer spending, exports and home construction, and its performance in the first quarter wasn't as feeble as initially believed.
Lower Oil Prices Boost Pressure on Consumers to Drive Economic Gains  Wall Street Journal (blog)
US economy expands at 2.3 percent in second quarter, picking up speed  Washington Post (blog)
Fox Business  
IMF board says Fund cannot join Greece bailout talks now: FT
WASHINGTON The International Monetary Fund can participate in discussions over the latest financial rescue for Greece but cannot officially join the talks until after the fiscally beleaguered nation has agreed to comprehensive reforms, the Financial ...
Greek Leader Seeks to Quash Rebellion With Party Vote  New York Times
Greek Prime Minister Alexis Tsipras Calls for Syriza Party Vote to Address ...  Wall Street Journal
US STOCKS-Wall St lower at the open after GDP data
... * Second-qtr GDP rises at 2.3 pct vs 2.6 pct est. * Weekly jobless numbers rise. * Facebook, P&G fall after results. * Skechers jumps as results beat expectations.
A Good-Enough GDP Report - Economic Highlights  Nasdaq
Average US Rate on 30-Year Mortgage Falls to 3.98 Percent
Average long-term U.S. mortgage rates fell for a second straight week, with the key 30-year rate slipping below 4 percent. Mortgage giant Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage declined to 3.98 percent this week ...
Mortgage rates fall for second week in a row  Washington Post (blog)
Mortgage Rates Move Down  CNNMoney
Businesses fume as Congress lets Export-Import Bank stay dead
A small crop-duster manufacturer and a Texas company that exports oil equipment fret about losing 25 percent to 40 percent of their sales.
UPDATE 4-Boeing may move work abroad with Ex-Im future uncertain -chairman  Reuters
P&G's slow turnround frustrates analysts
Analysts expressed frustration with the slow pace of Procter & Gamble's turnround after a collapse in fourth-quarter profit and muted outlook sent shares in the world's largest consumer products group down nearly 4 per cent.
U.S. Stocks Pare Slide as S&P 500 Rebounds Above 50-Day Average  Bloomberg
Wall St. Down as Earnings Disappoint, Despite Good Economic News  New York Times
Applications for jobless aid rise
More people sought U.S. unemployment benefits last week, though the increase was from a very low level and the figures still point to a healthy job market.
US Jobless Claims Inch Up From Lowest Level Since 1973  Wall Street Journal
US jobless claims increase, but still near cycle lows  Reuters
Facebook drops on earnings; Whole Foods falls to 52-week low
Mondelez International Inc., T-Mobile US Inc., Western Digital Corp., Facebook Inc. and Whole Foods Market Inc. are among notable movers in Thursday's trade as the parade of high-profile earnings continues.
Is This The End Of Whole Foods' Organic Growth?  Forbes
Stick a fork in Whole Foods?  CNNMoney
Fiat Chrysler's Profit Jumps as North America Margins Improve Strongly
Fiat Chrysler Automobiles FCAU 5.23 % NV reported a two-thirds jump in second-quarter profit on Thursday as the Italian-American car maker showed strong improvement in its North America margins and consolidated a timid turnaround in its European ...
Fiat Chrysler Raises Outlook as Q2 Profit Jumps 70 Percent  New York Times
Fiat Chrysler reports robust quarter, narrows gap with US rivals  Reuters
FOREX-Dollar gains as US growth supports rate-hike view
... * U.S. Q2 GDP data supports view on Fed rate hike. * Greenback gains against major currencies. * FT report on IMF raises doubt about Greece bailout (Updates trading with FT report on IMF/Greece).
Gold Down on Dollar Strength, Fed Rate Worries  Wall Street Journal
Gold futures fall as US GDP data lifts the dollar  MarketWatch