Friday, 31 August 2012

U.S.MARKET UPDATE


U.S. stocks fell on Thursday after several days of muted trading as investors took a defensive posture before Federal Reserve Chairman Ben Bernanke’s much-awaited speech on Friday.
Dow Jones Industrial Average fell 0.81% or 106.77 points at 13000.71. Nasdaq Composite slipped 1.05% or 32.48 points at 3048.71. Standard & Poor’s 500 shed 0.78% or 11.01 points at 1399.48.