Wednesday 1 January 2014

U.S.MARKET UPDATE

US stocks closed out their best year in more than 15 on Tuesday, with major indexes advancing throughout 2013 on the back of the Federal Reserve’s massive stimulus and expectations for accelerating growth going forward.
The Dow Jones industrial average gained 72.37 points, or 0.44 percent, to end at 16,576.66. The Standard & Poor’s 500 Index advanced 7.29 points, or 0.40 percent, to finish at 1,848.36. The Nasdaq Composite Index rose 22.39 points, or 0.54 percent, to close at 4,176.59.

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