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11 Mar 2015
US stocks regain part of the lost ground
FXStreet (Mumbai) - The stock markets in the US trade moderately higher in the early session after the meltdown witnessed in the previous session. The major indices suffered more than one percent losses on Monday, their biggest drop since early January.
The Dow Jones Industrial Average rose 63.56 points, or 0.36%, to 17,729.50. The S&P 500 index added 5.83 points, or 0.29%, to 2050, while the Nasdaq Composite added 15.24 points, or 0.32%, to 4875.24.
Among the US stocks, the chipmaker Intel advanced 3.22%, while shares in SanDisk added 5.38%. Goldman Sachs added 1.04%, followed by a 0.84% in United Technologies. Meanwhile, shares in Wal-Mart Stores, fell 1.16%, followed by a 1.07% drop in Coca-Cola.
No major data is due out of the US today. Thus, the markets could take cues from the sharp rise in the Germany’s Dax index. However, the London’s Ftse index trades moderately higher despite close to 2% gains in Dax.
The Dow Jones Industrial Average rose 63.56 points, or 0.36%, to 17,729.50. The S&P 500 index added 5.83 points, or 0.29%, to 2050, while the Nasdaq Composite added 15.24 points, or 0.32%, to 4875.24.
Among the US stocks, the chipmaker Intel advanced 3.22%, while shares in SanDisk added 5.38%. Goldman Sachs added 1.04%, followed by a 0.84% in United Technologies. Meanwhile, shares in Wal-Mart Stores, fell 1.16%, followed by a 1.07% drop in Coca-Cola.
No major data is due out of the US today. Thus, the markets could take cues from the sharp rise in the Germany’s Dax index. However, the London’s Ftse index trades moderately higher despite close to 2% gains in Dax.