Wall Street closes down because GDP growth is below forecast.

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Wall Street closes down because GDP growth is below forecast.

By the end of the session, the Dow Jones had gone up 38.085 points, while Standard & Poor's lost 0.46% to 5.048 points, and the technology companies index, Nasdaq, fell 0.64% to 15.611 points. The Department of Commerce today reported figures of GDP growth of the United States, which stood at 1.6 percent, well below the 2.2% to 2.4% interval predicted by analysts. Furthermore, consumer prices rose 3.4 percent, almost twice as much as last quarte…