S&P Market News Update : Epic Research Malaysia

The U.S. stock market closed lower, dragged down by sharp declines in momentum stocks after the Federal Reserve suggested valuations on biotech and Internet stocks may be stretched.

The S&P 500 SPX -0.19% recovered some of the losses, but closed 3.78 points, or 0.2%, lower at 1,973.32. The Dow Jones Industrial Average DJIA +0.03% ended the day 5.3 points higher at 17,060.75, after setting an intraday record in the morning. The Nasdaq Composite COMP -0.54% dropped 24.03 points, or 0.5%, to 4,416.39. The Russell 2000 RUT -1.01% fell 11.5 points, or 1%, to the preliminary 1,154.18.

Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 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