Indices traded to the green side on Friday. Brands rebounded somewhat from Thursday’s drop on favorable economic news. A third estimate showed real GDP expanded by 4.6 percent in the second quarter, well up off the first quarter’s revised 2.1 percent decrease and beyond the prior estimate of 4.2 percent.
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Indices closed in the red zone on Thursday. The S&P 500 dipped to its lowest level since July. Stocks traded lower amid geopolitics and a variety of economic data. Apple led the descent, falling 3.8 percent today, on complaints over glitches in its new operating system.
Tuesday’s session ended in the red category. Stocks sold off amid geopolitics following news that a U.S. led coalition struck areas along the Syrian-Iraq border occupied by the Islamic State. In earnings moves, Bed Bath & Beyond reported quarterly results.