Another Mixed Day for US Markets - Dow Drops 65 Points Amid 300-Point Trading Range
GlobalMarket; Stable signals from global markets. Waiting for the policy of Bank of Japan. Another mixed day for US markets - Dow slipped 65 points while trading within a range of 300 points. New record made on S&P 500 and Nasdaq for the fourth day. Buying continues in big IT stocks - Apple's market cap again more than Microsoft. Market supported by fall in Producer Price Index. PPI in May stood at -0.2%, an increase of 0.1% was expected. The 10 year bond yield slipped sharply to near 4.25%. Weakness in European markets. Bullion falls, gold slips $40, silver at 1 month low
Written By: Zee Business Video Team