Friday, 28 December 2012

U.S.MARKET UPDATE


U.S. stocks fell for a fourth day on Thursday, but recovered most of their losses after the House of Representatives, in the barest sign of progress, said it would come back to work on avoiding the "fiscal cliff" this weekend.

The Dow Jones industrial average slipped 18.28 points, or 0.14 percent, to 13,096.31 at the close. The Standard & Poor's 500 Index declined 1.73 points, or 0.12 percent, to end at 1,418.10. The Nasdaq Composite Index dropped 4.25 points, or 0.14 percent, to close at 2,985.91

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