Epic Research Update : US Markets

US stocks fell on Tuesday, with selling picking up late in the session, as investors cashed in some of the recent market gains, but the S&P 500 finished less than 1 percent away from a record high set last week.

“We just hit highs on Friday so people have a lot of profits here. They’re just taking some money off the table,” said Frank Lesh, futures analyst and broker at FuturePath Trading LLC in Chicago. The selling “is orderly, there is no rush for the exits,” he said.

The Dow Jones industrial average fell 67.43 points or 0.41 percent, to 16,351.25, the S&P 500 lost 9.54 points or 0.51 percent, to 1,867.63 and the Nasdaq Composite dropped 27.26 points or 0.63 percent, to 4,307.188.

For more information ✆ - 0731-6642300 or Visit http://ift.tt/1doLhaI

Posted in: Indian Market Tips