Tuesday, 26 April 2016

US MARKET NEWS 27 APRIL 2016

The Dow Jones industrial average rose 13.08 points, or 0.07 percent, to 17,990.32, the S&P 500 gained 3.91 points, or 0.19 percent, to 2,091.7 and the Nasdaq Composite dropped 7.48 points, or 0.15 percent, to 4,888.31.
Fed funds futures show investors see no chance the US central bank will raise benchmark interest rates above the current rate of 0.25 to 0.5 percent on Wednesday. Tuesday's unexpectedly weak data cut the likelihood of any rate hike in 2016, analysts said.



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