Friday, 18 October 2013

U.S.MARKET UPDATE

 The S&P 500 closed at a record high on Thursday as investor confidence grew following a last-minute deal to avoid a U.S. default, but weaker-than-expected results from heavyweights IBM and Goldman Sachs pressured the Dow.


The S&P 500's intraday record of 1732.92 broke the all-time high set Sept. 19. Over 80 percent of stocks traded on the New York Stock Exchange rose. Technology was the only S&P sector to  show a loss as IBM led the decline.

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