Epic US Markets Update

US stocks slid on Tuesday as traders cashed in gains in some of the year's best performers, while little progress was made to end a political crisis in Washington that could affect the US fiscal standing and economic recovery.



The Nasdaq 100, down 6.7 percent to USD 47.14 on its worst day in more than a year. Shares of LinkedIn lost 6.1 percent to USd 222.73, and Netflix fell 5 percent to USD 302.32. Netflix is the top performer this year on the S&P 500, and Facebook is among the top performers on the Nasdaq 100.



The Dow Jones industrial average fell 159.71 points or 1.07 percent, to 14,776.53, the S&P 500 lost 20.67 points or 1.23 percent, to 1,655.45 and the Nasdaq Composite dropped 75.544 points or 2 percent, to 3,694.833.





http://www.epicresearch.co/



0731-664-2300

Posted in: Indian Market Tips