Monday 18 June 2012

U.S. MARKET UPDATE


U.S. stocks rallied on Friday to close a second straight week of gains on hopes of collective action from global central banks if Sunday’s election in Greece triggers market turmoil.
  The Dow Jones industrial average gained 115.26 points, or 0.91 percent, to 12,767.17 at the close. The Standard & Poor’s 500 Index added 13.74 points, or 1.03 percent, to 1,342.84. The Nasdaq Composite rose 36.47 points, or 1.29 percent, to end at 2,872.80.
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