Epic US Markets Update

US stocks closed sharply higher on Monday, with the Nasdaq ending at its highest level since September 2000, as upbeat data from China boosted optimism about the health of the global economy.



The S&P 500 closed higher for a fifth straight sessions, posting its best daily performance since August 1, while all 10 S&P sectors ended higher. More than 70 percent of companies that trade on both the New York Stock Exchange and Nasdaq rose.



The Dow Jones industrial average was up 140.62 points, or 0.94 percent, at 15,063.12. The Standard & Poor’s 500 Index was up 16.54 points, or 1.00 percent, at 1,671.71. The Nasdaq Composite Index was up 46.17 points, or 1.26 percent, at 3,706.18.



http://www.epicresearch.co/



0731-664-2300

Posted in: Indian Market Tips