Wednesday, 23 May 2012

U.S. MARKET UPDATE

U.S. stocks closed mostly flat on Tuesday after volatilility late in the session, with weakness in materials and energy shares offsetting strength in financials.
The Dow Jones industrial average dipped 1.67 points,or 0.01 percent, to 12,502.81 at the close. But the Standard & Poor’s 500 Index was up just 0.64 of a point, or 0.05 percent, to 1,316.63. The Nasdaq Composite Index declined 8.13 points, or 0.29 percent, to close at 2,839.08.
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