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Stocks On The Rise After US Economy Growth Report Is Published

MidMoMortgage.com reports that stocks are on the rise after a report has been published regarding the fourth quarter growth in 2009.

FOR IMMEDIATE RELEASE

PRLog (Press Release) - Jan 29, 2010 -
The United States economy might still be in a world of hurt, but it would seem like things are looking brighter this Friday morning in late January. This news comes as a result of a report stating the Gross Domestic Product was on the rise.

The Dow Jones, stock symbol INDU, rose a total of 70 points this morning. Similar Fortune 500 companies also saw a growth at a rate of 1%.

The world markets are also faring well, from what analysts can gather. The dollar rose strongly against the euro, yen and British pound. Oil prices are on the rise, but the price of gold has been slipping. Overall it seems as though the economy might be pushing back towards a "feel good" era.

The Obama Administration is slated to make an announcement regarding another economic stimulus package to be used in job creation later on in the day. This confirms all doubts that the most recent market growth will not quickly give way to another recession.

Further information regarding the market climb is available at http://midmomortgage.com/missouri-press/jan-29-market-gro..., where MidMoMortgage.com's own reporter continues to comment on the subject.

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About MidMoMortgage.com:
MidMoMortgage.com reports on news regarding mortgages, economics, and general finance subjects to better educate the American people.

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Source:Mid Mo Mortgage
Phone:1 (573) 819-1157
Address:904 Rain Forest Parkway
Zip:65203
City/Town:Columbia
State/Province:Missouri
Country:United States
Industry:Business, Finance, Loans
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Last Updated:Jan 29, 2010
Shortcut:http://prlog.org/10510842
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