Friday 8 August 2014

S&P Market News Update : Epic Research Malaysia

The U.S. stock market ended Thursday’s session with modest losses, as investors moved out of riskier assets and into gold and U.S. Treasurys.

The S&P 500 SPX -0.56% fell 10.67 points, or 0.6%, to 1,909.57. The benchmark index is now 3.9% off its July 24 record closed, after falling in 4 of the past 6 trading days.

The S&P 500 is now down 3.9% from its peak, hit by fears that the stronger economy could push the Federal Reserve to raise interest rates sooner than expected as well as escalating tensions surrounding Ukraine.

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