US Stocks Slips after GDP Data, Earnings Reports
US stocks
New York - QNA
US stocks edged lower for a second consecutive session on Friday as some underwhelming corporate earnings and gross domestic product data offset recent enthusiasm over policy actions by President Donald Trump.
US economic growth slowed more than expected in the fourth quarter, with GDP rising at a 1.9% annual rate, below the 2.2% rise expected by economists and the 3.5% growth pace logged in the third quarter.
The Dow Jones Industrial Average fell 7.13 points, or 0.04%, to 20,093.78.
The S&P 500 lost 1.99 points, or 0.09%, to 2,294.69.
The Nasdaq Composite added 5.61 points, or 0.1%, to 5,660.78.
For the week, the Dow rose 1.3%, the S&P 500 gained 1% and the Nasdaq advanced 1.9%.
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Davos - Muslimchronicle
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Brussels - Muslimchronicle
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Geneva - Muslimchronicle
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Sanaa - Muslimchronicle
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To 'eternal style' of late Alaia
Paris - Muslimchronicle
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led his
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