US equity markets finished higher today with the S&P 500 seeing its biggest gains in two months. Technology was the outperforming sector which was underpinned by 7% gains in Apple as it clawed its way out of bear market territory following an extended two month slide in share prices. All 30 Dow stocks finished in positive territory as the index registered a 200 point gain. This coupled with optimism for fiscal cliff negotiations saw significant upside momentum. Finally the DJIA finished up 1.65% at 12795.73, the S&P 500 finished up 1.98% at 1386.85 and the NASDAQ 100 finished at 2595.83 up 2.43%.
Print 21:05, 19 Nov 2012 - US Equities - Source: RANsquawk
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: