Logo of the United States Bureau of Economic Analysis, a part of the Department of Commerce. (Photo credit: Wikipedia). Economic growth is up while jobless claims are down, according to new economic data released Thursday morning.
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LONDON (AP) - Global stocks drifted lower Thursday as another round of strong U.S. economic data reinforced expectations that the U.S.
The U.S. economy expanded in the third quarter at a faster pace than initially reported, led by the biggest increase in inventories since early 1998.
The S&P 500 Index and the Dow Jones Industrial Average both closed last week just below fresh highs hit on Thursday, and the Nasdaq finished out the week at a 13-year high, trading above 4,000 for the first time since September 2000.