Tuesday, 17 July 2012

U.S.MARKET UPDATE

The US markets ended lower in light, choppy trading, amid ongoing worries over the slowing economy after the IMF reduced its global growth outlook and ahead of Fed Chairman Ben Bernanke’s speech beginning later today.
            Dow Jones Industrial Average was down 0.39% or 49.88 points at 12727.21. Nasdaq Composite was down 0.4% or 11.53 points at 2896.94. Standard & Poor’s 500 was down 0.23% or 3.14 points at 1353.64.
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