Epic Research Update : US Markets

Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies.



For the week, however, the Dow lost 2.3 percent, the S&P 500 declined 2.2 percent, and the Nasdaq was off 2.7 percent.



The Dow Jones industrial average .DJI closed up 34.43 points, or 0.19 percent, to 17,712.66, the S&P 500 .SPX added 4.87 points, or 0.24 percent, to 2,061.02 and the Nasdaq Composite .IXIC gained 27.86 points, or 0.57 percent, to 4,891.22.



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Posted in: Indian Market Tips