Friday 5 June 2015

US MARKET UPDATE

Benchmark 10-year US Treasury yields posted their steepest weekly jump in nearly two years and the dollar hit a 13-year high against the yen on Friday after jobs growth suggested the Federal Reserve will raise interest rates sooner than expected.
On Wall Street, the Dow Jones industrial average .DJI fell 56.12 points, or 0.31 percent, to 17,849.46. The S&P 500 .SPX slid 3.01 points, or 0.14 percent, to 2,092.83 and the Nasdaq Composite .IXIC added 9.33 points, or 0.18 percent, to 5,068.46.

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