Epic Research Update : US Markets

The S&P 500 and Nasdaq on Friday posted their largest weekly declines since May 2012 and the Dow turned negative for the year, led down by technology stocks after a chipmaker warned of a major pullback in the industry.



The Dow Jones industrial average .DJI fell 115.15 points, or 0.69 percent, to 16,544.1, the S&P 500 .SPX lost 22.08 points, or 1.15 percent, to 1,906.13 and the Nasdaq Composite .IXIC dropped 102.10 points, or 2.33 percent, to 4,276.24.





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Posted in: Indian Market Tips