Friday 5 July 2013

CNNMoney: Market Wrap Newsletter for Friday, 07/05/2013

CNNMoney

Market Wrap

Today's top market-moving news
Stocks end higher on strong jobs report
The U.S. economy adds 195,000 jobs in June, more than expected. The report suggests the Federal Reserve could begin to scale back its stimulus policies in September.
Egypt stocks rally as army ousts president
Egypt's main stock market index surged by over 7% after the former president was ousted by the military.
Oil prices at 2013 high above $103 a barrel
Egyptian coup inflames anxiety over oil supply, driving prices.
Samsung earnings fail to impress
South Korea-based Samsung said it would report operating profit of $8.1 billion to $8.5 billion for the three months ended June.
EU central banks talk dovish
ECB, Bank of England break new ground to signal low rates here to stay.
Chipping away at Swiss bank secrecy
Switzerland issued new guidelines this week to its banks that should make it easier for the U.S. to catch American tax evaders who are hiding money in offshore accounts.
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Markets
Stocks
Dow 15,135.84 +147.29 +0.98%
Nasdaq 3,479.38 +35.71 +1.04%
S&P 500 1,631.89 +16.48 +1.02%
Bonds & Currencies
10 Year Yield 2.72% +0.21 --
1 Euro 1.2829 +0.0050 +0.65%
Commodities
Oil $103.47 +0.25 +0.24%
Gold $1,222.30 +9.60 +0.79%
SEE ALL MARKET ACTIVITY JUL 05 5:16pm ET

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