US Shares Record High

US Shares Record High.

Markets in the US have closed yesterday at record levels after the US Centeral Bank announced it would continue with its efforts to boost the economy. The Dow Jones Industrial Average and S&P 500 both surpassed their previous records to hit a new high.

• The Dow Jones Industrial Average closed at 15,460.92
• S&P 500 closed at 1,675.02

All investors have been watching the US Federal Reserve (Fed) to see when it may close its massive bond buying programme.

Our View

As predicted yesterday by us in this section yesterday, markets have risen to close on a high.

Market confidence has been renewed with the threat of a QE slow down not as quick as expected although we expect today to be a fairly neutral day on the markets.