Epic Research US Markets Update

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The S&P materials index rose 0.6 percent as one of the best performing major S&P indexes, led by a 6.6 percent gain in Dow Chemical to USD 45.93. Activist investor and hedge fund manager Daniel Loeb has taken a stake in the company and wants it to spin off its petrochemical arm.

The Dow Jones industrial average was down 44.12 points, or 0.27 percent, at 16,414.44. The Standard & Poor’s 500 Index was up 5.10 points, or 0.28 percent, at 1,843.80. The Nasdaq Composite Index was up 28.18 points, or 0.67 percent, at 4,225.76.

 

[epicresearchindore]

Epic Research US Markets Update

The S&P 500 closed flat on Wednesday as a mixed bag of corporate earnings failed to give investors the confidence to push equities higher with the index near record levels.

The Dow Jones industrial average was down 41.10 points, or 0.25 percent, at 16,373.34. The Standard & Poor’s 500 Index was up 1.06 points, or 0.06 percent, at 1,844.86. The Nasdaq Composite Index was up 17.24 points, or 0.41 percent, at 4,243.

 

[epicresearchindore]

Epic Research US Markets Update

The market sentiment was dented by a report on manufacturing in China which showed a mild slowdown at the end of 2013 in the world%u2019s second-largest economy had continued into the new year

The Dow Jones industrial average fell 175.99 points or 1.07 percent, to 16,197.35, the S&P 500 lost 16.4 points or 0.89 percent, to 1,828.46 and the Nasdaq Composite dropped 24.12 points or 0.57 percent, to 4,218.87.