Wednesday 15 May 2013

U.S MARKET UPDATE

U.S. stocks rallied to fresh highs on Tuesday as investors picked up large-cap companies’ shares on the expectation that central bank stimulus will help propel the rally further.
The Dow Jones industrial average gained 123.57 points, or 0.82 percent, to close at a record 15,215.25. The Standard & Poor’s 500 Index rose 16.57 points, or 1.01 percent, to end at a record 1,650.34. The Nasdaq Composite Index  climbed 23.82 points, or 0.69 percent, to 3,462.61, its highest close since November 2000.



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