IBTimes -
31 Jan 2015 02:31
U.S. stocks closed lower Friday, with the Dow Jones Industrial Average plunging more than 250 points, after data showed the U.S. economy's growth cooled last quarter. They contributed to a mixed picture of the global economy, with crude-oil prices continuing to hover around six-year lows last seen during the so-called Great Recession. However, consumer sentiment soared to its highest level since 2004 this month, driven by optimistic U.S. consumers who anticipated the economy would expand and cre...
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