Thursday 4 February 2016

Epic Research Update : US Markets

Epic Research Update : US MarketsA jump in materials shares helped US stocks eke out a second straight day of gains on Thursday, though disappointing forecasts from retailers and anxiety ahead of Friday’s jobs report limited the advance.

The S&P 500 materials index rose 2.8 percent, leading the day’s gains, as declines in the US dollar lifted copper and other metals prices.

The Dow Jones industrial average rose 79.92 points, or 0.49 percent, to end at 16,416.58, the S&P 500 gained 2.92 points, or 0.15 percent, to 1,915.45 and the Nasdaq Composite added 5.32 points, or 0.12 percent, to 4,509.56.

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