You are here

STOCKS

Investors feel sting of strong US jobs report

Asian markets close lower; indices also weighed down by escalating trade friction between Japan and South Korea

IT WASN'T much of a surprise that the local equities market and its Asian peers felt the sting of last Friday's strong US jobs report. The better-than-expected data undercut investor hopes for an aggressive Federal Reserve interest rate cut in July.

This saw the local Straits Times Index...

sentifi.com

Market voices on: