Tuesday 17 November 2015

Epic Research Update : US Markets

Epic Research Update : US MarketsEpic Research Update : US Markets

U.S. stocks were mixed on Tuesday as optimistic inflation data bolstered hawkish arguments for a December interest rate hike, offsetting gains in the retail sector following a wave of strong quarterly earnings from Wal-Mart (N:WMT), Home Depot (N:HD) and several other industry giants.

The Dow Jones Industrial Average inched up 6.49 or 0.04% to 17,489.50, while the NASDAQ Composite index rose 1.40 or 0.03% to close at 4,986.02, in spite of weakness in Energy and Media stocks.

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