Sunday, 5 June 2016

US MARKET NEWS 6 June 2016

Wall Street finished lower on Friday, led down by financial shares, after a surprisingly weak jobs report prompted doubts about the US economy and its ability to sustain a near-term interest rate hike.
The US economy created the fewest number of jobs in more than 5-1/2-years in May as manufacturing and construction employment fell sharply. Nonfarm payrolls increased by only 38,000 jobs last month, well below economists' forecast for an increase of 164,000.

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