Epic Research Singapore : U.S Market Update

The S&P 500 SPX +0.23%  managed a fractional gain on Thursday, but the Dow DJIA -0.05%  and Nasdaq Composite COMP +0.44% dropped as shares of big telecom companies fell.  
Shares of Alcoa Inc. AA -0.10% fell nearly 7% in premarket trade after the aluminum producer reported quarterly earnings that fell short of expectations.

Shares of Sears Holdings Corp. SHLD +0.52%  were off more than 13% in premarket action, after the retailer reported weak holiday sales and a quarterly forecast well below Wall Street expectations late Thursday. 

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