29-04-2015 21:23 via news.yahoo.com

Shares fall on U.S. GDP data; dollar pares losses after Fed

By Sam Forgione NEW YORK (Reuters) - Stock markets worldwide fell on Wednesday after weak corporate results and data showing U.S. economic growth braked more sharply than expected in the first quarter, while the dollar pared losses after a Federal Reserve policy statement. Commerce Department data showed U.S. gross domestic product expanded at an only 0.2 percent annual rate, marking the weakest reading in a year, leading to a lower open on Wall Street. The data hit European shares, which also s
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