Wednesday 28 March 2012

US MARKET UPDATE

The US markets dipped into negative territory in the final hour of trading after trading flat for most of the session as investors took a breather following a strong market rally though indices are still on track for their best quarter since 1998.In stock specific news from US, Apple hit an all-time high after Think Equity boosted its price target on the stock to USD 700 from 600.
Dow Jones Industrial Average was down 0.33% or 43.9 points at 13197.73. Nasdaq Composite was down 0.07% or 2.22 points at 3120.35. Standard & Poor’s 500 was down 0.28% or 3.99 points at 1412.52.


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