Saturday, 18 August 2012

U.S.MARKET UPDATE


The S&P 500 held near a four-year high on Friday, and the market's key gauge of anxiety sank to its lowest since 2007, suggesting a belief that the problems stressing investors might be closer to a resolution.

The Dow Jones industrial average was up 25.09 points, or 0.19 percent, at 13,275.20. The Standard & Poor's 500 Index was up 2.65 points, or 0.19 percent, at 1,418.16. The Nasdaq Composite Index was up 14.20 points, or 0.46 percent, at 3,076.59.


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