Epic US Markets Update

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On Wednesday the US markets corrected on poor economic data. The ISM services index slipped to 54.4 versus 56 in February, however, private sector added 158,000 jobs in the month of March. The private payroll figures for the month of February revised up to 237,000.

The Dow Jones industrial average was down 111.66 points, or 0.76 percent, to close at 14,550.35. The S&P 500 Index was down 16.56 points, or 1.05 percent, to end at 1,553.69. TheNasdaq Composite was down 36.26 points, or 1.11 percent, to 3,218.60.

 

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The US markets reversed their losses to end higher. On the earning front, Alcoa managed to beat estimates, while there were slight miss on the revenues side, but the outlook has improved.

Dow Jones Industrial Average was up 0.33% or 48.23 points at 14613.48. Nasdaq Composite rose 0.57% or 18.39 points at 3222.25. Standard & Poor’s 500 added 0.63% or 9.79 points at 1563.07.

 

[epicresearchindore]

Epic US Markets Update

On Wednesday the US markets posted the gain for third straight session. S&P and Dow registered fresh record highs. Meanwhile, Nasdaq was at 12-year high.

Dow Jones Industrial Average gained 0.88%u0025 or 128.78 points at 14802.24. Nasdaq Composite rose 1.83% or 59.39 points at 3297.25. Standard & Poor%u2019s 500 advanced 1.22% or 19.12 points at 1587.73.