Friday, 22 April 2016

Wall Street ends flat; Alphabet and Microsoft tumble

Epic Research Update : US Markets

Wall Street finished flat on Friday after disappointing quarterly reports from Microsoft and Alphabet slammed tech stocks, while a surge in oil prices lifted energy shares.


The Dow Jones industrial average edged up 0.12 percent to end at 18,003.75 points, while the S&P 500 finished flat at 2,091.58. The Nasdaq Composite dropped 0.8 percent to 4,906.23, reflecting the selloff in tech shares.


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