Epic Research

Saturday, April 6, 2013

Epic US Markets Update

Epic US Market UpdateUS stocks ended their worst week this year with losses on Friday after a weaker-than-expected jobs report undermined confidence in the economy and first-quarter earnings growth.

The S&P 500 was down 1 percent for the week. All but three of the S&P 500′s 10 industry sectors posted declines.

The Dow Jones industrial average was down 40.86 points, or 0.28 percent, at 14,565.25. The Standard & Poor’s 500 Index was down 6.70 points, or 0.43 percent, at 1,553.28. The NasdaqComposite Index was down 21.12 points, or 0.66 percent, at 3,203.86.

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