Friday, January 16, 2015

S&P Market News Update : Epic Research Singapore

The U.S. stock market finished Thursday’s volatile session lower, extending the losing streak to five straight sessions after the Swiss National Bank stunned global markets by cutting its currency cap with the euro.

The S&P 500 SPX, -0.92% which opened higher, closed down 18.57 points, or 0.9%, at 1,992.70.

Defensive sectors, such as utilities ended higher, while technology, financials and energy sector stocks sold off.

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