US markets at 5 year low
The US markets edged lower yesterday after dilly dallying on both sides due to some positive news on home sales front, and also flow of some negative news. All the three indices fell by 2% to 3% to close at the lowest point in five years time, since nobody wanted to take any risk of holding on to equity at an uncertain time. Only after completion of US elections, experts are hoping for some stability to return to markets.