Thursday 1 March 2012

U.S. MARKET UPDATE


U.S. stocks slipped on Wednesday, snapping a four-day winning streak after comments from U.S. Federal Reserve Chairman Ben Bernanke disappointed investors hoping for a strong signal of more stimulus.
The Dow Jones industrial average shed 53.05 points, or 0.41 percent, to close at 12,952.07. The Standard & Poor’s 500 Index slipped 6.50 points, or 0.47 percent, to 1,365.68. The Nasdaq Composite Index dropped 19.87 points, or 0.67 percent, to 2,966.89.
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