*****dow futures....toot toooot!****, page-31

Dow moving down, gold moving up.
Perhaps because of this...............

'Second quarter gross domestic product increased at a 3.3% annual rate, just down from a 3.8% growth rate in the first quarter. The estimate matches the government's previous estimate for second quarter growth. Read full government report.

The unchanged estimate for second quarter growth was in line with the forecasts of Wall Street economists according to a survey conducted by MarketWatch. See Economic Calendar.

The second revision to real gross domestic product in the April-June quarter found an upward revision to consumer spending offset by a larger trade deficit.

Core inflation was revised higher.

Corporate profits from current production were revised lower, rising 4.6%, or $59.3 billion, to $1.35 trillion annualized. Before-tax profits are up 32.6% year-on-year, while after-tax profits are up 31.6%.
"

http://www.marketwatch.com/news/story.asp?siteid=bigcharts&dist=bigcharts&guid=%7B92281E46-24FE-4EF4-A604-7D9BB1C0DF2A%7D