US GDP revised downward to 1.3% increase from the previous fiscal year ending January-March

The revised real gross domestic product (GDP) value for the January-March fiscal year announced by the U.S. Department of Commerce on the 30th was seasonally adjusted and increased 1.3% in terms of an annualized rate compared to the previous fiscal year. Mainly, the slowdown in private consumption resonated, and it was revised downward from the 1.6% increase in the preliminary report. The widening trade deficit and a slight increase in unsold inventory also weighed on economic growth. Private consumption was revised downward from a 2.5% increase in the preliminary report to a 2.0% increase. The pace of increase was over 3% in the last two quarters of last year. (Market Watch)

Dow JonesMay 30 09:10 ET

Express News | Presidio Property Trust Announces Conduit Pharmaceuticals To Be Added To Russell 2000 Index Effective July 1, 2024; Presidio Owns 6.3% Of Conduit

BenzingaMay 29 16:23 ET

Express News | Russell 2000 Index Hits Over 3-WK Low, Last Down 1.3%

ReutersMay 29 09:51 ET

Diversified Energy to Join Russell 2000 Index

TipRanksMay 29 02:42 ET

Express News | Pagaya Technologies To Join Russell 2000 Index And Broad-Market Russell 3000 Index, Effective At Open On Jul. 1

BenzingaMay 28 08:44 ET

Pagaya Technologies Is Set to Join the Russell 2000 Index

Pagaya Technologies Ltd. ("Pagaya") (NASDAQ:PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced today that as part of the annual reconstitution of the Russell

BusinesswireMay 28 08:30 ET