Monday, 27 May 2013

U.S.MARKET UPDATE


The S&P 500 declined for a third day on Friday, with the three major U.S. stock indexes posting their first negative week since mid-April on lingering concern that the U.S. central bank may scale back its stimulus measures.

The Dow Jones industrial average gained 8.60 points, or 0.06 percent, to 15,303.10 at the close. The Standard & Poor's 500 Index  edged down only 0.91 of a point, or 0.06 percent, to finish at 1,649.60. The Nasdaq Composite Index dipped 0.27 of a point, or 0.01 percent, to close at 3,459.14.  


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