Friday, 7 December 2012

U.S.MARKET UPDATE


In the US markets, stocks posted a modest gain in thin, volatile trading as the weekly jobless claims slipped by 25,000 and ahead of the monthly government jobs report due today. Investors remained cautious about the looming “fiscal cliff” issue.
Nasdaq closed with half a percent gain following recovery in Apple. The CBOE volatility index closed above 16.Dow Jones Industrial Average was up 0.3% or 39.55 points at 13074.04. Nasdaq Composite rose 0.52% or 15.57 points at 2989.27. Standard & Poor’s 500 gained 0.33% or 4.66 points
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