Thursday, 14 June 2012

U.S. MARKET UPDATE

U.S. stock index futures pointed to a slightly lower open on Wall Street on Wednesday, U.S. stocks took their cues from Europe’s troubled debt markets on Tuesday, staging a comeback rally to end up more than 1 percent as Spanish bond yields came off euro-era record highs.
 The Dow Jones industrial average  fell 77.42 points, or 0.62 percent, at 12,496.38. The Standard & Poor’s 500 Index lost 9.30 points, or 0.70 percent, at 1,314.88. The Nasdaq Composite Index dropped 24.46 points, or 0.86 percent, at 2,818.61.
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