Thursday, 31 January 2013

U.S.MARKET UPDATE


US stocks edged lower on Wednesday after the Federal Reserve left in place its bond-buying stimulus plan, saying economic growth had stalled but indicating the pullback was likely temporary.
The Dow Jones industrial average was down 44 points, or 0.32 percent, at 13,910.42. The Standard & Poor’s 500 Index was down 5.88 points, or 0.39 percent, at 1,501.96. The Nasdaq Composite Index was down 11.35 points, or 0.36 percent, at 3,142.31.
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