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Stock futures higher on Wall Street
http://www.artesianews.com/2014/01/15/ap-news/business-ap-news/stock-futures-higher-on-wall-street-2/
Stock futures higher on Wall Street The loans on its balance sheet continue to improve, and the bank's provision for credit losses fell to $336 million, from $2.2 billion in the same period a year earlier. Even its mortgage division, which took huge losses after the housing bubble popped

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Outlook for the US economy and stock market brightens

WASHINGTON (AP) — The worries that hung ominously over the U.S. economy early this year appear to have lifted. And that sunnier picture has helped bolster confidence in the stock market — driving the benchmark S&P 500 index to another record high Friday.

The latest dose of encouragement came in a report Friday that the U.S. economy grew much faster than expected in the January-March quarter, suggesting that the nearly decade-long expansion still has a ways to go.

Other recent signs have fed a growing view among many analysts that the economy faces little risk of slipping into a recession anytime soon as some had feared when the year began. Retail sales jumped in March. And with hiring solid and wages rising at a decent pace, consumer spending will likely strengthen in the coming months.

In Friday’s report, the government said the economy grew at a 3.2% annual rate in the first quarter. That’s much better than the 1% or below rate that was forecast in the early weeks of 2019.

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