What Happened in the Stock Market Today

Major benchmarks rebounded on Friday as the markets absorbed a continued onslaught of quarterly reports. Stocks were further buoyed by a Commerce Department report that showed the United States' gross domestic product (GDP) grew 2.1% last quarter, just above estimates for 2% but also slowing from 3.1% in the first three months of the year.

All told, the Dow Jones Industrial Average (DJINDICES: ^DJI) gained about 0.2%, and the S&P 500 (SNPINDEX: ^GSPC) enjoyed a 0.7% jump.

Data source: Yahoo! Finance.

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