Monday, 25 August 2014

Market Overview : US Equity Market

US equity market broke its all time high's but could not sustain on higher levels. 

The S&P 500 was able to hold the 2000 mark after moving above the milestone level for the first time on Monday still managed to close to a record high, followed by financial and technology stocks.  

Dow Jones Industrial Average rose 76.29 points or 0.45% with Nasdaq Composite closing at 4557.35 
with a gain of 18.80 or 0.41%. 

Consumer Confidence data is due on Tuesday which is expected to help bulls to sustain over the