Epic Research

Saturday, May 25, 2013

Epic US Markets Update

Epic US Market UpdateThe S&P 500 declined for a third day on Friday, with the three major stock indexes posting their first negative week since mid-April on lingering concern that the central bank may scale back its stimulus measures to support the economy.

The Dow Jones industrial average gained 8.60 points, or 0.06 percent, to 15,303.10 at the close. The Standard & Poor’s 500 Index edged down only 0.91 of a point, or 0.06 percent, to finish at 1,649.60. The Nasdaq Composite Index dipped 0.27 of a point, or 0.01 percent, to close at 3,459.14.

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