Epic Research Update : US Markets

Wall Street ended marginally lower on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following dueling plans unveiled by Republican lawmakers.

The S&P 500 and the Dow Jones Industrial Average ended the week lower for the first time in nine weeks.

The Dow fell 0.17 percent to end at 23,422.21, while the S&P 500 slipped 0.09 percent to 2,582.3. The Nasdaq Composite edged up 0.01 percent to 6,750.94.

For the week, the Dow lost 0.5 percent and the S&P 500 slipped 0.21 percent. The Nasdaq gave up 0.2 percent for the week, snapping six weeks of weekly gains.


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Posted in: Indian Market Tips