US stocks manage to gain throughout the mid-day session...
The US stocks managed to gain throughout the mid-day session as on one hand the world's largest economy had its second quarter final reading of its GDP showing an unexpected contraction of -0.7% which was better than the market forecasts and the prior contraction of -1.0%, whereas on the other hand gains by the technology and commodity producers supported accordingly the rise of overall shares.
US stocks opened slightly higher on Monday, adding further gains to the 3-week rally amid upgrades from analysts to a number of shares including Amazon.com and Huntington Bancshares Inc, and also amid optimism concerning the European debt crisis.