Epic Research Update : US Markets

The S&P 500 edged up to close at a record high on Monday as deal activity worth USD 100 billion offset concerns about overseas growth after Japan’s economy slipped into recession.



The Nasdaq closed lower, weighed down by Google, which fell 1.5 percent to USD 546.64, and Gilead, down 1.6 percent at USD 100.44.



The Dow Jones industrial average rose 13.01 points, or 0.07 percent, to 17,647.75, the S&P 500 gained 1.5 points, or 0.07 percent, to 2,041.32, a record closing high.



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Posted in: Indian Market Tips