Wednesday, 4 July 2012

U.S. MARKET UPDATE

U.S. stocks extended a rally for a third day on Tuesday as sharp gains in oil prices lifted energy shares and traders factored in increased expectations for central bank stimulus.
The Dow Jones industrial average gained 72.43 points, or 0.56 percent, to 12,943.82. The Standard & Poor’s 500 Index  rose 8.51 points, or 0.62 percent, to 1,374.02. The Nasdaq Composite Index added 24.85 points, or 0.84 percent, to 2,976.08.
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