GDP Revised Up, Lululemon Shares Higher, Citigroup Moves Lower

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GDP Revised Up, Lululemon Shares Higher, Citigroup Moves Lower

GDP Revised Up, Lululemon Shares Higher, Citigroup Moves Lower
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GDP Revised Up, Lululemon Shares Higher, Citigroup Moves Lower

by TheStreet.com Videos 2:26 mins

Markets opened lower on Tuesday despite an upward revision in the fourth quarter GDP figures and weekly jobless claims numbers which appear to point to a continuing improvement in the U.S. economy. In corporate news, Lululemon posted quarterly results which topped forecasts, but the athletic apparel maker lowered its guidance for the full year. Shares of Citigroup were down after the bank failed the latest federal reserve stress tests. TheStreet's Ruben Ramirez reports from Wall Street.

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