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Thursday, December 18, 2014

Epic Research Update : US Markets

Epic Research Update : US Markets

The S&P 500 scored its best day since October 2013 on Wednesday as the Federal Reserve gave an upbeat assessment of the US economy and said it would take a patient approach toward raising interest rates.

The Dow Jones industrial average rose 288 points, or 1.69 percent, to 17,356.87, while the S&P 500 gained 40.15 points, or 2.04 percent – its biggest daily percentage rise since October 2013 – to 2,012.89. The Nasdaq Composite added 96.48 points, or 2.12 percent, to 4,644.31.

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