Epic Research

Friday, December 27, 2013

EPIC US MARKETS UPDATE

Epic-US-Market-UpdateUS  equities and the dollar rose against the yen in holiday-thinned trading on Thursday, while Treasuries prices fell after strong economic data added to evidence of a recovering labor market that could free the Federal Reserve to continue withdrawing its stimulus.

The Dow Jones industrial average was up 91.26 points, or 0.56 percent, at 16,448.81. The Standard & Poor’s 500 Index was up 6.92 points, or 0.38 percent, at 1,840.24. The Nasdaq Composite Index was up 11.87 points, or 0.29 percent, at 4,167.28.

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