Thursday, 21 March 2013

U.S.MARKET UPDATE


U.S. stocks climbed on Wednesday, with the S&P 500 snapping a three-day losing streak as the Federal Reserve reassured investors that it would keep supporting the economy.

The Dow Jones industrial average gained 55.91 points, or 0.39 percent, to end at 14,511.73, after rising as high as 14,546.82, an intraday record. The Standard & Poor's 500 Index rose 10.37 points, or 0.67 percent, to finish at 1,558.71. The Nasdaq Composite Index climbed 25.09 points, or 0.78 percent, to close at 3,254.19.

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