Monday, 11 March 2013

U.S.MARKET UPDATE


U.S. stocks closed out a historic week with another day of gains on Friday, as the Dow hit yet another record closing high on a payrolls report that surpassed even the most optimistic forecasts.

The Dow Jones industrial average rose 67.58 points, or 0.47 percent, to 14,397.07, another record closing high. The Standard & Poor's 500 Index advanced 6.92 points, or 0.45 percent, to 1,551.18. The Nasdaq Composite Index gained 12.28 points, or 0.38 percent, to end at 3,244.37.

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