Tuesday, 5 March 2013

U.S.MARKET UPDATE


The US markets end near session highs in choppy trading, with the Dow close to hitting its record closing high, as investors shook off earlier worries over China and a lack of progress over the sequester.The CBOE volatility index fell near 14. In stock specific action, Apple slid to hit a fresh 52-week low after the iphone maker faced a major setback in its ongoing mobile patents battle with rival Samsung electronics.
Dow Jones Industrial Average gained 0.27% or 38.16 points at 14,127.82. Nasdaq Composite added 0.39% or 12.29 points at 3,182.03. Standard & Poor’s 500 gained 0.46% or 7 points at 1,525.20.
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