Monday, 11 March 2013

US Market Update


The US markets finished near session highs, with the Dow posting another record closing high and the S&P 500 within 1 percent of its 2007 peak, as investors shrugged off earlier worries over disappointing economic data from China and weakness in Europe.  The CBOE volatility index ended below 12 for the first time since April 2007.

Dow Jones Industrial Average rose 0.35% or 50.22 points at 14,447.29. Nasdaq Composite added 0.26% or 8.50 points at 3,252.87. Standard & Poor’s 500 gained 0.32% or 5.04 points at 1,556.22.



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