US STOCKS-Wall St recovers as data points to growing economy

jueves 30 de julio de 2015 13:18 GYT

* Second-qtr GDP rises 2.3 pct vs 2.6 pct est

* Facebook falls after results

* P&G slips after 6th straight sales decline

* Skechers, Mondelez jump after profits beat expectations

* Dow up 0.02 pct, S&P unchanged, Nasdaq up 0.38 pct (Updates to early afternoon)

By Tanya Agrawal

July 30 (Reuters) - The S&P 500 almost recovered the day's losses while the Dow and Nasdaq were higher in afternoon trading on Thursday as investors digested earnings and GDP data showed that the economy grew in the second quarter.

Procter & Gamble fell 3.7 percent after the company reported its sixth straight quarter of lower sales while Facebook shares fell 2.6 percent after the social media company's profit decreased.

Mondelez International rose 4.9 percent to $45.22 after reporting results that beat expectations.   Continuación...