Author: Elena Todorova
123jump.com
Last Update: 11:51 AM EDT April 28 2006
Stocks traded mixed Friday morning, reflecting upbeat data on GDP for the first quarter and disappointing earnings and guidance released by Microsoft. The Commerce Department said the nation''''s GDP bounced back to grow 4.8% compared with estimates of 4.9% increase. Wall Street also weighed a decline in consumer confidence as soaring gasoline prices threatened discretionary spending.
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