Wednesday 20 August 2014

US Markets Update by Epic Research

Epic Research Update : US Markets

US stocks ended mostly higher on Wednesday, with the S&P 500 just missing a record close, after minutes from the Federal Reserve’s July meeting gave investors reason to believe that the central bank is in no rush to raise interest rates.



The Dow Jones industrial average rose 59.54 points, or 0.35 percent, to end at 16,979.13. The S&P 500 gained 4.91 points, or 0.25 percent, to finish at 1,986.51. The Nasdaq Composite dipped 1.03 points, or 0.02 percent, to close at 4,526.48.



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