U.S. stock index futures edged higher as investors shift their focus from earnings back to the economy.
The Commerce Department said the first quarter gross domestic product grew at a 3.2% pace. This is down slightly from the 5.6% pace in the previous quarter, but a resurgence of consumer spending offered evidence of a sustainable recovery. This also marks the third straight quarter of growth. Still to come is a survey on business conditions in the Chicago area and the University of Michigan’s consumer sentiment index.
- Harrington Wealth Management
- Our firm provides comprehensive trust and investment management services by employing a customized asset allocation approach. By focusing on the individuality of each client, Harrington Wealth Management Company has helped high net worth individuals, families, and small institutions grow and sustain their wealth through proven investment practices since 1994. A fee-only advisor, we also offer other financial services from our offices in California, Kansas and Indiana that include custody, estates, land trusts, probate administration, guardianships, personal trust administration, retirement plan services, and investment consulting services.
