Friday, 31 May 2013

U.S.MARKET UPDATE

U.S. stocks rose on Thursday, rebounding from the previous session's losses, as tepid economic data eased concerns the U.S. Federal Reserve would begin to gradually scale back its policy of stimulating growth.


The Dow Jones industrial average was up 21.73 points, or 0.14 percent, at 15,324.53. The Standard & Poor's 500 Index  was up 6.05 points, or 0.37 percent, at 1,654.41. The Nasdaq Composite Index  was up 23.78 points, or 0.69 percent, at 3,491.30.