Indices closed in green territory on Wednesday. Brands rebounded up off Tuesday’s drop. Financials, materials and energy stocks led the upswing on a variety of economic news. Real GDP grew 2.2% in the first quarter, down from 2.9% expansion in the fourth quarter, and slightly shy of the 2.3% initially reported. On another note, the Federal Reserve’s Beige Book, which covered economic activity from mid-April through early May, showed moderate expansion across districts. Looking ahead, employment data for May is due for release on Friday.