Stocks have dipped slightly this morning after U.S. gross-domestic product barely rose during the first quarter. The market, however, is also waiting to hear from the Federal Reserve this afternoon.
Getty ImagesS&P 500 futures have dipped 0.1%, while Dow Jones Industrial Average futures are off just 2 points.Nasdaq Composite futures have fallen 0.3%.
U.S. GDP rose just 0.1%, well below forecasts for 1.1%. Blame the weather.
Energizer Holdings (ENR) has jumped 18% to $115 after it said it planned to split itself in two.
Pepco (POM) has surged 18% to $26.87 after it agreed to be purchased by Exelon (EXC) for $27.25 a share in an all-cash deal. Exelon has dropped 2.4% to $35.31.
Panera Bread (PNRA) has dropped 5.5% to $154.23 after beating earnings forecasts, but reporting tepid same-store-sales growth and offering disappointing guidance.
GlaxoSmithKline (GSK) has fallen 1.8% to $55.38 after reporting sluggish sales.
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