Thursday, 28 March 2013

U.S.MARKET UPDATE


The US equity markets recovered from day’s lows to end mixed on Wednesday, but investors were still worried about the chance of a run on Cypriot banks and its possible implications for other euro-zone lenders. The S&P 500 Index was slightly below its closing high.
The Dow Jones industrial average slipped 33.49 points to close at 14,526.16. The S&P 500 went down just 0.92 of a point to 1,562.85. Meanwhile, the NasdaqComposite gained 4.04 points to end at 3,256.52.