Friday 12 July 2013

Todays US Markets Update 12 July 2013

The S&P 500 index and the Dow industrials closed on Thursday at record highs, a day after Federal Reserve Chairman Ben Bernanke said the US central bank will keep a loose monetary policy for some time to lower the unemployment rate.The Dow Jones industrial average rose 169.26 points or 1.11 percent, to 15,460.92. The S&P 500 gained 22.4 points or 1.36 percent, to 1,675.02 and the Nasdaq Composite added 57.55 points or 1.63 percent, to 3,578.3.
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