GDP in the Second Quarter Comes in at 2.4%

By InTheMoneyStocks on July 30th, 2010 8:39am Eastern Time

GDP for the 2nd quarter is 2.4% which is lower than the 3.4% in the 1st quarter. Futures are trading lower on the major stock indexes after the announcement. The spin masters now have an entire weekend to look for the bright spots in the report.