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Nasdaq 5,000 watch continues; GDP data in focus

Nasdaq 5,000 watch continues

The primary data point in focus for investors on Friday is the second reading on the U.S. fourth-quarter gross domestic product growth.

"People are looking at GDP to make sure the economy is still intact," said Marc Chaikin, CEO of Chaikin Analytics.

Analysts polled by Reuters expect GDP growth of 2.1 percent, after 5.0 percent in the third quarter.