Thursday 25 June 2015

US MARKET UPDATE

U.S. stocks ended a quiet session with modest losses on Thursday, but healthcare stocks rallied after the U.S. Supreme Court upheld tax subsidies key to President Barack Obama's signature healthcare reform law.

Energy shares drove the day's weakness, falling alongside crude oil prices, while uncertainty surrounding Greece also limited positive sentiment. Transport stocks, considered a proxy for economic activity, entered correction territory, closing 10.6 percent below a Dec. 29 closing high.

No comments:

Post a Comment