Investors waiting to see if bull market wobbles get more pronounced
A ROARING first half of the year for stocks ended with a whimper as traders grew concerned about the sustainability of the bull market.
Those concerns are likely to linger this week and stocks could lose more ground unless the June jobs report contains positive - or negative - surprises.
Investor confidence in the stock market, the economy, and the Republicans' ability to get anything done has clearly been shaken. Last week, the US dollar hit its lowest mark since October against a basket of currencies.
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Capital Markets & Currencies
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Vietnam delays launch of new stock trading system
Hong Kong bourse regains favour on hopes of a market revival
Asia: Markets rise as strong US tech earnings offset poor data
Singapore shares open lower on Friday; STI down 0.1%
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard