Epic : U.S. MARKET UPDATE

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epicresearch
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Joined: Tue May 22, 2012 1:40 am

Epic : U.S. MARKET UPDATE

Post by epicresearch » Fri Jun 08, 2012 1:16 am

The US markets lost steam in the final hour of trading to finish mixed, after the Federal Reserve announced new capital rules for financials and following Bernanke’s comments that offered little hope for further central bank intervention.

Dow Jones Industrial Average was up 0.37% or 46.17 points at 12460.96. Nasdaq Composite was down 0.48% or 13.7 points at 2831.02. Standard & Poor’s 500 ended flat at 1314.99.

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