Monday, 27 April 2015

Epic Research Update : US Markets

Epic Research Update : US Markets


US stocks ended down on Monday, led by losses in biotech shares after disappointing news from several companies including Amgen.

The Nasdaq Biotech Index sank 4.1 percent, its biggest daily percentage loss since March 25, while the S&P Healthcare index, down 1.8 percent, was the biggest drag on the benchmark S&P 500 index.

The Dow Jones industrial average fell 42.17 points, or 0.23 percent, to 18,037.97, the S&P 500 lost 8.77 points, or 0.41 percent, to 2,108.92 and the Nasdaq Composite dropped 31.84 points, or 0.63 percent, to 5,060.25.

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