Sunday, 29 September 2013

US Markets Update

US Government shutdown days away, Wall Street still hasn’t come down with a critical case of fiscal fever despite forecasts that failure to resolve the federal budget standoff could be catastrophic.
S&P 500 is up more than 3 percent for September, which has traditionally been described as the worst month for stocks and was just 2 percent off its all-time high.
The Dow was down 1.3 percent and the Nasdaq was up 0.2 percent. It was the first weekly drop in four for the S&P 500 and Dow.

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