Saturday 25 February 2012

U.S. MARKET UPDATE


The S&P 500 rose on Friday to close at the highest level since before the collapse of Lehman Brothers in 2008, continuing a pattern of steady gains on signs of US economic recovery.


The Dow Jones industrial average dipped 1.74 points to close flat at 12,982.95. The S&P 500 Index gained 2.28 points, or 0.17%, to 1,365.74. The Nasdaq Composite rose 6.77 points, or 0.23%, to 2,963.75.


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