April 26, 2019 / 12:40 PM / 3 months ago

US STOCKS SNAPSHOT-Futures turn positive after upbeat U.S. GDP data

April 26 (Reuters) - U.S. stock index futures turned positive on Friday after data showed that U.S. economic growth accelerated in the first quarter, driven by trade and the largest accumulation of unsold goods since 2015.

The Commerce Department said gross domestic product increased at a 3.2 percent annualized rate in the first quarter. Growth was also boosted by an increase in government investment, which offset sharp slowdowns in consumer and business spending.

At 8:33 a.m. ET, Dow e-minis were up 17 points, or 0.06 percent. S&P 500 e-minis were up 4.5 points, or 0.15 percent and Nasdaq 100 e-minis were up 30.5 points, or 0.39 percent.

At 8:25 a.m. ET, Dow e-minis were down 48 points, or 0.18 percent. S&P 500 e-minis were down 1.75 points, or 0.06 percent and Nasdaq 100 e-minis were up 10 points, or 0.13 percent. (Reporting by Amy Caren Daniel in Bengaluru; Editing by Anil D’Silva)

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