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Wall St dips at open despite strong GDP report

Investors are considering the strength of the economy a day after the Federal Reserve wound down its stimulus program

Fred DeMarco, left, and fellow traders work on the floor of the New York Stock Exchange

Reuters New York

US stocks dipped at the open on Thursday despite a stronger-than-expected reading on third-quarter economic growth, as investors considered the strength of the economy a day after the Federal Reserve wound down its stimulus program.

The Dow Jones industrial average rose 34.87 points, or 0.21 percent, to 17,009.18, the S&P 500 lost 4.51 points, or 0.23 percent, to 1,977.79 and the Nasdaq Composite dropped 16.80 points, or 0.37 percent, to 4,532.43.

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First Published: Oct 30 2014 | 7:20 PM IST

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