Epic US Markets Update

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US markets posted gains across the board, erasing most of their losses from the previous day’s sell-off, as a batch of better-than-expected economic reports trumped worries over a credit crunch in China.

The Dow Jones industrial average rose 100.75 points or 0.69 percent, to close at 14,760.31, the S&P 500 gained 14.94 points to 1,588.03 and the Nasdaq Composite added 27.13 points to 3,347.89.
 
Epic US Markets Update

US markets closed sharply higher after the weaker-than-expected final read on first-quarter gross domestic product diminished worries that the Fed would taper its stimulus measures in the immediate future. The CBOE volatility index declined near 17.

The Dow Jones industrial average rallied 149.83 points to end at 14,910.14. The S&P 500 gained 15.23 points at 1,603.26. The Nasdaq Composite added 28.34 points to finish at 3,376.22.
 
Epic US Markets Update

US stocks climbed for a third straight day on Thursday after comments from several Federal Reserve officials soothed concerns that the central bank would begin to reduce its stimulus efforts in the near future.

The Dow Jones industrial average closed back above 15,000 for the first time since June 19. The Dow scored its third consecutive day of triple-digit point gains for the first time since October 4-6, 2011.
 
Epic US Markets Update

Stocks start the second half of the year on a tentative note: The S&P 500%u2032s 12.6-percent gain in the first half was the best since 1998 but the index lost 1.5 percent for the month of June amid a volatile bond market and soaring interest rates.

US data, markets will be watching China%u2019s PMI data and Japan%u2019s Tankan Survey. On Thursday, U.S. markets are closed for the Fourth of July, but both the Bank of England and European Central Bank meet Thursday.
 
Epic US Markets Update

US stocks kicked off a new quarter with solid gains on Monday, boosted by signs of strength in the US manufacturing and construction sectors.

The Dow Jones industrial average was up 114.36 points, or 0.77 percent, at 15,023.96. The Standard & Poor%u2019s 500 Index was up 13.44 points, or 0.84 percent, at 1,619.72. The NasdaqComposite Index was up 39.34 points, or 1.16 percent, at 3,442.59.
 
Epic US Markets Update

US markets bounced off their worst levels, but still finished slightly lower amid ongoing concerns about the Federal Reserve%u2019s plans to scale back its bond-buying program. The CBOE volatility index ended above 16.

The Dow Jones industrial average fell 42.55 points to close at 14,932.41. The Standard & Poor%u2019s 500 Index lost just 0.88 of a point to end at 1,614.08. The Nasdaq Composite Index declined 1.09 points to finish at 3,433.40.
 
Epic Update : Neyveli Lignite

Neyveli Lignite (NLC) union strike issue -It could have crippling impact on power availability in state
Labor unrest will result in state losing 1178 mw of power
Power shortages will entail additional power cuts in state
Entire south zone will be affected by loss of 2500 mw
Power generation has come down by 400 mw already.
 
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