Thursday 24 May 2012

U.S. MARKET UPDATE

U.S. stocks staged a late-day reversal on Wednesday, rallying into the close as a sharp rise in materials shares boosted the S&P 500 and gains in Apple helped lift the Nasdaq.
In the overall market, the Dow Jones industrial average dipped 6.66 points, or 0.05 percent, to 12,496.15. The S&P 500 Index edged up 2.23 points, or 0.17 percent, to 1,318.86. The Nasdaq Composite gained 11.04 points, or 0.39 percent, to 2,850.12.
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