U.S. stocks open lower following ADP report

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Source: Reuters
U.S. shares traded lower as a report indicated the increase of payrolls was not enough to minimize concerns the Fed may taper its economic stimulus. The Dow Jones Industrial Average declined 0.37% to 15,122.13 and the S&P 500 Index fell 0.39% to 1,624.94, and the Nasdaq Composite Index dropped 0.42% to 3,430.93.
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Wed, 05 Jun 2013 16:38:23 GMT

U.S. Dollar, shares worldwide decline, investors trim risk

The U.S. Dollar traded under 100 Yen and global equity markets slipped on Wednesday following a weaker-than-expected report on U.S. jobs that supported expectations the Federal Reserve will continue its bond-buying programme. The greenback reached the weakest level of 99.13 against the Japanese Yen ahead of transferring to 99.56 Yen.

Wed, 05 Jun 2013 15:53:19 GMT

Gold keeps increasing onweak ADP report

Gold futures kept gaining on Wednesday following less-than-predicted private sector payroll rise, two days before non-farm payroll report that might provide information about when the Federal Reserve will weaken its economic stimulus. The August gold contracts increased 0.5% to $1,403.60 an ounce.

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