Saturday, 23 June 2012

U.S. MARKET UPDATE

U.S. stocks fell, ending a two-week winning streak by the Standard & Poor’s 500 Index, after the Federal Reserve cut its economic forecast and a bear market in commodities prices dragged down energy producers.
The Dow Jones industrial average was up 78.56 points, or 0.62 percent, at 12,652.13. The Standard & Poor’s 500 Index was up 9.92 points, or 0.75 percent, at 1,335.43. The Nasdaq Composite Index was up 29.17 points, or 1.02 percent, at 2,888.26.
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