Friday 2 August 2013

Todays US Markets Update 2 August 2013



US, markets closed at record highs propelling the S&P 500 above the 1,700 mark for the first time, as Wall Street cheered a round of upbeat economic data and ahead of the widely-watched government jobs report. So far this year, the Dow and S&P 500 have spiked more than 19 percent, while the Nasdaq has surged an impressive 21 percent. The CBOE volatility index slid below 13.The Dow Jones industrial average was up 128.48 points, or 0.83 percent, at 15,628.02, a record close. It hit a new intraday high of 15,650.69. The Standard & Poor’s 500 Index was up 21.14 points, or 1.25 percent, at 1,706.87, also a record. The benchmark S&P surpassed 1,700 early in the session after failing to break above that level on Wednesday.

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