Thursday 19 April 2012

U.S. MARKET UPDATE

U.S. stocks slipped on Wednesday, a day after Wall Street’s best gains in a month, as uninspiring earnings from tech bellwethers IBM IBM.N and Intel INTC.O gave investors a reason to take profits.
The Dow Jones industrial average .DJI dropped 82.79 points, or 0.63 percent, to 13,032.75 at the close. The Standard & Poor’s 500 Index .SPX shed 5.64 points, or 0.41 percent, to 1,385.14. The Nasdaq Composite Index .IXIC slipped 11.37 points, or 0.37 percent, to 3,031.45.
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