Tuesday, 31 December 2013

U.S.MARKET UPDATE

U.S. stocks closed mostly flat on Monday, with the Dow edging up to another record closing high and the S&P 500 index's advance stalling in response to light trading volume and weaker-than-forecast housing data.


The Dow Jones industrial average rose 25.88 points, or 0.16 percent, to end at 16,504.29, a record close. The Standard & Poor's 500 Index dipped just 0.33 of a point, or 0.02 percent, to finish at 1,841.07.