Epic Research Singapore : U.S Market Update

Stocks closed a volatile session lower on Tuesday, with indexes trying to break higher in the afternoon, but selling off in the last hour. The S&P 500 index SPX +1.67%  closed 5 points, or 0.3%, lower to 1,781.00.

European and Asian stocks also rose Wednesday, while oil maintained slight losses and gold lifted. The dollar fell against the pound USDGBP +0.11%  after data showed U.K. unemployment beat forecasts. The Bank of England’s Monetary Policy Committee said any further “substantial” rise in sterling could slow the U.K.’s economic recovery, according to the minutes of its December meeting.  

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