US stocks edged higher, with the S&P 500 Index capping a fifth monthly gain, after data showing the American economy grew slower than forecast last quarter gave the Federal Reserve no reason to accelerate its time table for higher interest rates. Earnings from Alphabet Inc. boosted technology shares.
The S&P 500 rose 0.2 per cent to 2,173.55 at 4 pm in New York, closing within two points of its record. The gauge climbed 3.6 per cent in July. The Dow Jones Industrial Average fell 0.1 per cent to 18,432, a fifth straight loss for the longest slide since June 15. The 30-stock index rose 2.8 per cent in July, a sixth consecutive advance. The Nasdaq 100 Index rose 0.2 per cent Friday, leaving it 7 per cent higher in the month.
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The S&P 500 rose 0.2 per cent to 2,173.55 at 4 pm in New York, closing within two points of its record. The gauge climbed 3.6 per cent in July. The Dow Jones Industrial Average fell 0.1 per cent to 18,432, a fifth straight loss for the longest slide since June 15. The 30-stock index rose 2.8 per cent in July, a sixth consecutive advance. The Nasdaq 100 Index rose 0.2 per cent Friday, leaving it 7 per cent higher in the month.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
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