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US STOCKS-Wall Street mixed; Procter and Whole Foods slide

* U.S. economic growth picked up in second quarter

* Facebook (NasdaqGS: FB - news) , Whole Foods fall after results

* US quarterly earnings over half way through

* Dow down 0.08 pct, S&P down 0.07, Nasdaq up 0.34 pct (Updates to afternoon)

July 30 (Reuters) - The S&P 500 was on track for its flattest session in two weeks on Thursday as investors digested ho-hum corporate earnings and new data showed that the economy grew more quickly in the second quarter.

Procter & Gamble, Facebook and Whole Foods Market all fell after quarterly reports that left investors wanting more.

U.S. economic growth accelerated in the June quarter as solid consumer spending offset a drag from weak business spending on equipment, suggesting steady momentum that could bring the Federal Reserve closer to hiking interest rates this year.

With...


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