SEBI Registration No - INA000003197 Investment in stock and commodity market are subject to market risk. Please do not trade on those tips which are not provided through SMS.



US Markets end at session lows

Markets in US closed in session lows after Steve Banon, one of President Donald Trump’s top advisors, left the administration.

The S&P 500 closed 0.18% lower at 2,425.55, after falling as much as 0.5%. The Dow Jones industrial average closed 76.22 points lower at 21,674.51; it jumped about 130 points off its earlier lows on Bannon’s exit. The Nasdaq composite slipped 0.09%  to close at 6,216.53.

The Dow and the S&P fell 0.8% and 0.7% for the week, respectively, marking their first two-week losing streak since May, 2017. The Nasdaq, meanwhile, posted a four-week losing streak, its longest of the year.
S&P 500 earnings rose 10.8% for the second quarter; marking the first time since 2011 the index has posted two quarters of double-digit gains.

Equities began the session trading lower on growing concerns that President Donald Trump would not be able to move forward with his pro-growth economic agenda.