Market recap: Bad news is good again, as the weaker than expected final read on Q1 GDP eased Fed...

|By:, SA News Editor
Market recap: Bad news is good again, as the weaker than expected final read on Q1 GDP eased Fed taper fears, pushing stocks sharply higher. All 10 S&P sectors traded higher, but energy and materials trailed amid weakness in underlying commodities. Gold prices tumbled to their lowest level in nearly three years. A stalling in the drive higher of Treasury yields also helped calm investor concerns.