Friday, 20 September 2013

U.S.MARKET UPDATE

U.S. stocks retreated slightly on Thursday as investors paused after the Federal Reserve's decision to keep its stimulus intact sparked a rally that lifted the Dow and S&P 500 to record highs. 


The Dow Jones industrial average fell 40.39 points or 0.26 percent, to 15,636.55, the S&P 500 lost 3.18 points or 0.18 percent, to 1,722.34 and the Nasdaq Composite added 5.743 points or 0.15 percent, to 3,789.384. Major U.S. stock indexes oscillated between modest gains and losses on the heels of Wednesday's rally, with the S&P showing a swing of less than 10 points between the high and low of the session.

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