AHR Weekly Market Update - Monday 10th July
On this week’s AHR Market reviewUS markets were closed Tuesday for the Independence Day holiday, stocks generally closed the week lower in a fairly quiet weekThe main focus for the week was on US job reports, which offered mixed signals as to the strength of the labour market.Over the week, the S&P 500 and the NASDAQ slipped around 1% and the Dow fell nearly 2%. STOXX Europe 600 Index fell 3.09% on fears that central banks might need to keep tightening monetary policy, whilst The UK’s FTSE 100 Index dropped 3.65%.Renewed worries about the outlook for more interest-rate increases sent yields of U.S. government bonds higher for the second week in a row. To hear more click the link.