Epic Research Update : US Markets

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The S&P 500 closed flat on Wednesday, with a four-day rally in the index just barely coming to an end after Procter & Gamble cut its outlook, though some positive earnings limited the decline and eased concerns that valuations had become stretched.

The Dow Jones industrial average slipped 30.83 points, or 0.19 percent, to end at 15,963.94. The Standard & Poor’s 500 Index lost just 0.49 of a point, or 0.03 percent, to finish at 1,819.26. The Nasdaq Composite Index gained 10.24 points, or 0.24 percent, to close at 4,201.29.
 
Epic Research Update : US Markets

US Stocks closed higher on Thursday, with the Nasdaq rising for a sixth straight day, as investors looked past disappointing data on consumer spending, chalking the weakness up to weather instead of weaker fundamentals.

The Dow Jones industrial average was up 63.65 points, or 0.40 percent, at 16,027.59. The Standard & Poor%u2019s 500 Index was up 10.57 points, or 0.58 percent, at 1,829.83. The Nasdaq Composite Index was up 39.38 points, or 0.94 percent, at 4,240.67.
 
Epic Research Update : US Markets

U.S. stocks closed higher on Friday, with major indexes notching a second straight week of gains as investors were once again willing to overlook some soft economic data stemming from bad weather.

Gains were broad, with the Nasdaq closing at its highest level since 2000 and nine of the 10 major S&P 500 sector indexes rising on the day. The only declining sector was telecom , which is viewed as a defensive play. Energy, which is closely tied to the pace of economic growth, was the day%u2019s biggest advancer, up 1.5 percent.
 
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