Tuesday, 30 July 2013

U.S.MARKET UPDATE

U.S. stocks fell on Monday, pulling back before this week’s Federal Reserve meeting that could signal when the Fed is going to begin reducing its bond purchases aimed at helping the economic recovery.
Losses were led by the energy and financial sectors, with both the S&P energy index and S&P financial index down 0.8 percent. Shares of Southwestern Energy  slid 3 percent to $38.14 and shares of Noble Energy fell 2.1 percent to $62.07 following as a decline in natural gas prices.