Epic Research

Thursday, May 23, 2013

Epic US Markets Update

Epic US Market UpdateThe S&P 500 posting its biggest decline in three weeks, after minutes from the latest Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meeting.

The Dow Jones industrial average was down 80.41 points, or 0.52 percent, at 15,307.17. The Standard & Poor’s 500 Index was down 13.81 points, or 0.83 percent, at 1,655.35. The NasdaqComposite Index was down 38.82 points, or 1.11 percent, at 3,463.30.

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