Global Market : Dow Jumps 70 Points to Close at Days High!

The American market closed on the rise on Friday. The Dow jumped 70 points to close at the day's high. Strong action in IT, Nasdaq rose 1% to new record level. S&P 500 also reached a new peak. Unemployment in the US increased to 4.1% in June, the estimate was 4%. 10 year bond yield slipped to near 4.3%. The probability of rate cut in September increased from 58% to 72%.