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Daily Wrap: June 26, 2013

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June 26, 2013 AT 4:47 PM
The markets continued to trade higher today as investors were hopeful that the latest government report showing slow economic growth will prompt the Federal Reserve to extend its stimulus plan. The Commerce Department said US GDP grew at a 1.8% annual rate in the first quarter, a revision from the 2.4% estimate issued earlier in the year.