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Wall Street ends mixed; Dow down 39 points
Published on Wed, Apr 30 at 08:13 , Updated at Wed, Apr 30 at 08:53
Source : moneycontrol.com
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US markets ended almost flat as the markets are still jittery ahead of the Fed decision and the tide turned towards technology stocks. Among the tech pack, Google and Apple gained over a percent. IBM also rose 1% as it announced that it is raising its dividend by 25%. Yesterday was a dull day of trade for US, after consumer confidence dropped to five-year low, property values slumped and crude prices cooled off to $ 115 mark. Strong earnings were posted by credit card companies, Master Card and Visa. Both stocks surged. In economic news, US home prices extended their slump in February. The consumer-confidence gauge dropped to 62.3, a five-year low, in March. The Dow lost 39 points to close at 12,832. The Nasdaq however shut almost 2 points higher at 2,426. While the S&P 500 closed 5 points lower at 1,391. A look at how the Indian ADRs performed:
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