Epic Research Update : US Markets

US stocks closed higher on Friday, with major indexes notching a fifth straight weekly advance after China’s central bank cut its benchmark interest rate and its euro zone peer announced asset purchases in efforts to boost each region’s economy.

The Dow Jones industrial average .DJI rose 88.94 points, or 0.5 percent, to 17,807.94, the S&P 500 .SPX gained 10.7 points, or 0.52 percent, to 2,063.45 and the Nasdaq Composite .IXIC added 11.10 points, or 0.24 percent, to 4,712.97.
 
US stocks ended little changed on Tuesday as the US economy grew more than expected last quarter but soft readings on consumer confidence and house prices kept major indexes in a tight range.

The Dow Jones industrial average fell 2.96 points, or 0.02 percent, to 17,814.94, the S&P 500 lost 2.38 points, or 0.12 percent, to 2,067.03 and the Nasdaq Composite added 3.36 points, or 0.07 percent, to 4,758.25.
 
US stocks rose on Wednesday boosted by tech shares, with the S&P 500 and Dow industrials closing at records, while the energy sector was once more the largest weight on the market as crude prices continued to flirt with multi-year lows.

The Dow Jones industrial average rose 12.81 points, or 0.07 percent, to 17,827.75, the S&P 500 gained 5.8 points, or 0.28 percent, to 2,072.83 and the Nasdaq Composite added 29.07 points, or 0.61 percent, to 4,787.32.
 
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