Saturday 7 April 2012

U.S.MARKET UPDATE


U.S. stock futures fell more than 1 percent and Treasuries prices rallied after U.S. payrolls grew by 120,000 in March, far below the expected gain of 203,000 jobs.
The Dow Jones industrial average dropped 14.61 points, or 0.11 percent, to 13,060.14 at the close. The Standard & Poor’s 500 Index dipped 0.88 of a point, or 0.06 percent, to 1,398.08. But the Nasdaq Composite Index gained 12.41 points, or 0.40 percent, to 3,080.50.
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