U.S. Economy: Growth Faster Than Initially Estimated on Exports

The U.S. economy expanded faster than previously estimated in the second quarter, helped by a surge in exports that will probably wane as Europe and Japan head toward recessions. ..

Stocks strengthen on durables

Stocks pointed to higher open Wednesday, as a better-than-expected durable goods report offset a jump in oil prices.

After drifting in negative territory for most the morning, futures were higher less than a half hour before the markets open, indicating that stocks could climb after the opening bell rings...