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U.S. Stocks on Rise Ahead of Yellen Speech (News: 06/06/16)

Today's Press

  • Investors dialed back their expectations for an interest-rate increase this summer after a surprisingly weak U.S. jobs report on Friday. That marked a shift from recent weeks, when they had geared up for a rate rise following comments from Fed officials and minutes from the central bank’s last meeting.

  • Treasury Secretary Jack Lew chided China on Monday for allowing a glut of steel and aluminum to flood global markets, and urged Beijing to treat foreign companies with the same openness that Chinese firms often receive across the world.

  • There are a record nine women from China on the 2016 Power Women list, though German Chancellor Angela Merkel remains in the top spot.

Next Trading Day's Important Events

Forex Quotes:

  • USDJPY: 107.16
  • EURUSD: 1.1351


  • S&P 500: 2,109.00
  • NASDAQ : 4,959.87


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