Epic Research Update : US Markets

NEW YORK, NY - AUGUST 27:  The New York Stock Exchange stands on Wall Street on August 27, 2013 in New York City. The Dow Jones Industrial Average fell 170 points on fears of a possible U.S. attack on Syria.  (Photo by John Moore/Getty Images)NEW YORK, NY - AUGUST 27: The New York Stock Exchange stands on Wall Street on August 27, 2013 in New York City. The Dow Jones Industrial Average fell 170 points on fears of a possible U.S. attack on Syria. (Photo by John Moore/Getty Images)

Wall Street ended marginally lower on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following dueling plans unveiled by Republican lawmakers.

The S&P 500 and the Dow Jones Industrial Average ended the week lower for the first time in nine weeks.

The Dow fell 0.17 percent to end at 23,422.21, while the S&P 500 slipped 0.09 percent to 2,582.3. The Nasdaq Composite edged up 0.01 percent to 6,750.94.

For the week, the Dow lost 0.5 percent and the S&P 500 slipped 0.21 percent. The Nasdaq gave up 0.2 percent for the week, snapping six weeks of weekly gains.

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Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300