{"id":42635,"date":"2017-04-28T13:31:17","date_gmt":"2017-04-28T17:31:17","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=42635"},"modified":"2017-04-28T13:31:17","modified_gmt":"2017-04-28T17:31:17","slug":"u-s-economic-growth-slows-to-7-in-first-quarter","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2017\/04\/u-s-economic-growth-slows-to-7-in-first-quarter\/","title":{"rendered":"U.S. Economic Growth Slows To .7% In First Quarter"},"content":{"rendered":"<p>Hello MarketClub members everywhere. The U.S. stock market is slightly lower this afternoon after data showed that the U.S. economy grew at its weakest pace in three years for the first quarter of 2017. The GDP increased at a 0.7% annual rate, below the 1.2% rise estimated by economists, as consumer spending barely increased and businesses invested less on inventories.<\/p>\n<p>This drop comes on the heels of the 2.1% in the fourth quarter of 2016.  <\/p>\n<p><a href=\"http:\/\/club.ino.com\/join\/videos\/latest\/?vidid=club-mc_update_20170428_2&mkt=freetrial-blog1pm0428\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"\/img\/sites\/ino\/email\/8506.jpg\" alt=\"MarketClub's Mid-day Market Report\" width=\"638\" height=\"354\" \/><\/a> <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\/img\/sites\/ino\/email\/8505.jpg\" width=\"638\" height=\"354\" class=\"aligncenter size-medium\" \/><br \/>\n<small><em>Image courtesy of <a href=\"https:\/\/www.bloomberg.com\/markets\" target=\"_blank\">Bloomberg<\/a><\/em><\/small><\/p>\n<p>Key levels to watch this week:<!--more--><br \/>\n<strong>S&P 500 <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/CME_SP500\/?mktcode=tradersblogsymbols\" target=\"_blank\">(CME:SP500)<\/a><\/strong>: 2,328.95<br \/>\n<strong>Dow <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/INDEX_DJI\/?mktcode=tradersblogsymbols\" target=\"_blank\">(INDEX:DJI)<\/a><\/strong>: 20,379.55<br \/>\n<strong>NASDAQ <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NASDAQ_COMP\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NASDAQ:COMP)<\/a><\/strong>: 5,806.73<br \/>\n<strong>Gold <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/FOREX_XAUUSDO\/?mktcode=tradersblogsymbols\" target=\"_blank\">(FOREX:XAUUSDO)<\/a><\/strong>: 1,271.10<br \/>\n<strong>Crude Oil <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYMEX_CL.M17.E\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NYMEX:CL.M17.E)<\/a><\/strong>: 50.20<br \/>\n<strong>U.S. Dollar <a href=\"http:\/\/club.ino.com\/trend\/analysis\/stock\/NYBOT_DX.M17.E\/?mktcode=tradersblogsymbols\" target=\"_blank\">(NYBOT:DX.M17.E)<\/a><\/strong>: 101.26<\/p>\n<p>Every Success,<br \/>\nJeremy Lutz<br \/>\n<a href=\"http:\/\/www.ino.com\/\" target=\"_blank\">INO.com <\/a>and <a href=\"http:\/\/club.ino.com\/members\/?mktcode=blogjl\" target=\"_blank\">MarketClub.com <\/a><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Hello MarketClub members everywhere. The U.S. stock market is slightly lower this afternoon after data showed that the U.S. economy grew at its weakest pace in three years for the first quarter of 2017. The GDP increased at a 0.7% annual rate, below the 1.2% rise estimated by economists, as consumer spending barely increased and [&hellip;]<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[6727,8888,8887,6249,5519,4257,6320,6319,8821],"class_list":["post-42635","post","type-post","status-publish","format-standard","hentry","category-trading-videos","tag-alibaba-group-holding-limited-nysebaba","tag-canadian-natural-resources-limited-nysecnq","tag-crude-oil-nymexcl-m17-e","tag-dow-indexdji","tag-gold-forexxauusdo","tag-mid-day-report","tag-nasdaq-nasdaqcomp","tag-sp-500-cmesp500","tag-u-s-dollar-nybotdx-m17-e"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v23.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>U.S. Economic Growth Slows To .7% In First Quarter - INO.com Trader&#039;s Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ino.com\/blog\/2017\/04\/u-s-economic-growth-slows-to-7-in-first-quarter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Economic Growth Slows To .7% In First Quarter - INO.com Trader&#039;s Blog\" \/>\n<meta property=\"og:description\" content=\"Hello MarketClub members everywhere. The U.S. stock market is slightly lower this afternoon after data showed that the U.S. economy grew at its weakest pace in three years for the first quarter of 2017. The GDP increased at a 0.7% annual rate, below the 1.2% rise estimated by economists, as consumer spending barely increased and [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ino.com\/blog\/2017\/04\/u-s-economic-growth-slows-to-7-in-first-quarter\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader&#039;s Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-28T17:31:17+00:00\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ino.com\/blog\/2017\/04\/u-s-economic-growth-slows-to-7-in-first-quarter\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2017\/04\/u-s-economic-growth-slows-to-7-in-first-quarter\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"U.S. Economic Growth Slows To .7% In First Quarter\",\"datePublished\":\"2017-04-28T17:31:17+00:00\",\"dateModified\":\"2017-04-28T17:31:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ino.com\/blog\/2017\/04\/u-s-economic-growth-slows-to-7-in-first-quarter\/\"},\"wordCount\":126,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"Alibaba Group Holding Limited (NYSE:BABA)\",\"Canadian Natural Resources Limited (NYSE:CNQ)\",\"Crude Oil (NYMEX:CL.M17.E)\",\"DOW (INDEX:DJI)\",\"Gold (FOREX:XAUUSDO)\",\"Mid-Day Report\",\"NASDAQ (NASDAQ:COMP)\",\"S&amp;P 500 (CME:SP500)\",\"U.S. Dollar (NYBOT:DX.M17.E)\"],\"articleSection\":[\"Trading Videos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ino.com\/blog\/2017\/04\/u-s-economic-growth-slows-to-7-in-first-quarter\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ino.com\/blog\/2017\/04\/u-s-economic-growth-slows-to-7-in-first-quarter\/\",\"url\":\"https:\/\/www.ino.com\/blog\/2017\/04\/u-s-economic-growth-slows-to-7-in-first-quarter\/\",\"name\":\"U.S. Economic Growth Slows To .7% In First Quarter - 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The U.S. stock market is slightly lower this afternoon after data showed that the U.S. economy grew at its weakest pace in three years for the first quarter of 2017. 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