Thursday, 5 September 2013

U.S.MARKET UPDATE

U.S. stocks rose for a second day on Wednesday as a possible military action in Syria was seen as limited and strong auto sales lifted investor confidence in the U.S. economy. The U.S. Senate Foreign Relations Committee approved a resolution authorizing a limited U.S. military intervention in Syria, setting the stage for a debate in the full Senate next week on the use of military force.


The Dow Jones industrial average rose 96.91 points or 0.65 percent, to 14,930.87, the S&P 500 gained 13.31 points or 0.81 percent, to 1,653.08 and the Nasdaq Composite  added 36.43 points or 1.01 percent, to 3,649.042.

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