TO FINANCE, AND NATIONAL ACCOUNTS FIGURES OUT TODAY ARE EXPECTED TO SHOW WEAK ECONOMIC GROWTH IN THE LAST QUARTER. ECONOMISTS SURVEYED BY BLOOMBERG ARE FORECASTING GROSS DOMESTIC PRODUCT TO HAVE GROWN BY HALF A PER CENT IN THE THREE MONTHS TO THE END OF JUNE.

THAT WOULD PUT THE ANNUAL RATE OF ECONOMIC GROWTH SIGNIFICANTLY BELOW AVERAGE AT TWO-POINT-FOUR PER CENT.

TECHNOLOGY GIANT MICROSOFT IS BUYING NOKIA'S STRUGGLING MOBILE PHONE BUSINESS IN A DEAL WORTH AROUND EIGHT BILLION DOLLARS. THE FINNISH COMPANY SAYS THE DEAL IS "THE BEST PATH FORWARD" FOR NOKIA AND ITS SHAREHOLDERS.

TO THE MARKETS...

THE DOW CLOSED 24 POINTS UP.

THE NASDAQ IS 23 POINTS HIGHER.

THE S-AND-P 500 IS 7 POINTS UP.

AND IN LONDON OVERNIGHT, THE FOOTSIE ENDED 38 POINTS DOWN.

TO COMMODITY PRICES -

WEST TEXAS CRUDE IS TRADING AT 109 U-S DOLLARS A BARREL.

TAPIS CRUDE IS TRADING AT 121 U-S DOLLARS A BARREL.

AND GOLD IS WORTH 1413 U-S DOLLARS AN OUNCE.

THE AUSTRALIAN DOLLAR IS BUYING 91 U-S CENTS, 69 EURO CENTS AND 58 PENCE STERLING.

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