Companies

May 29, 2014

Morning Market Report

A busy day on the markets following announcements of job cuts and restructures by some of our biggest companies.

The Market is down 15 points. The Dow Jones was down 42 points at 16,633 – The market fell on the open, recovered throughout the day but sold off in late trade. There was little economic data and the weakness was attributed to profit taking after 4 days of gains and a rally in the bond markets which sent 10 year yields to 11 month lows.

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