Wednesday, 27 August 2014

US Stock Market Overview

US equity market ended flat on Wednesday after spending the day into narrow range. 

Market opened with slim gains, but traded flat for the rest of the day. 

S&P 500 closed around 2000 after falling in the last hour of the trading session. 

Nasdaq closed at 4569.62 with Dow Jones Industrial Average closing at 17122.01. 

Unemployment claims data due on Thursday is expected to come positive for the economy and keep up the bullish sentiments in the market.

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