Thursday 23 February 2012

U.S. MARKET UPDATE


The US markets snap their 3-day rally to end in the red amid ongoing concerns over the euro zone debt crisis and as investors took a breather following the strong run-up that propelled major averages to multi-year highs. However, the indices are on pace to log their best two-month start to the year since 1991.
Dow Jones Industrial Average was down 0.21% or 27.02 points at 12938.67. Nasdaq Composite was down 0.52% or 15.4 points at 2933.17. Standard & Poor’s 500 was down 0.33% or 4.55 points at 1357.66.

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