Business

Stocks post mild gains following economic data

Advertisement

Stocks edged higher a second day as some good economic news outweighed worries about Syria. The Dow gained 64 points in two days, but that was not enough to make up for its 170-point loss on Tuesday. Verizon was the biggest gainer among blue chips after Vodafone said it was in talks to sell its 45% stake in their joint venture, Verizon Wireless. The US economy grew at a 2.5% annual rate from April through June, much faster than previously estimated. And the number of people who filed for jobless benefits last week fell to about 331,000, the fewest in five years. Still, Wall Street’s focused on next week, when the August jobs report will be released.

Loading comments...
Real journalists. Real journalism. Subscribe to The Boston Globe today.
We hope you've enjoyed your free articles.
Continue reading by subscribing to Globe.com for just 99¢.
 Already a member? Log in Home
Subscriber Log In

We hope you've enjoyed your 5 free articles'

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com