• Jobless claims data suggests labor market strength

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to resilience in the labor market despite belt-tightening by8:57 AM ET | Reuters

  • Factory activity slips to 7-month low in May: Markit

    NEW YORK (Reuters) - Manufacturing slowed for a second straight month in May as weak overseas demand and government belt-tightening at home led to the sector's most sluggish rate of growth since9:06 AM ET | Reuters

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[BRIEFING.COM] S&P futures vs fair value: -12.50. Nasdaq futures vs fair value: -12.00.

U.S. equity futures remain in the red as the S&P 500 futures trade lower by 0.9%.

The major Asian bourses saw significant weakness with a 7.3% plunge in Japan's Nikkei leading to the downside. Markets across the region were all down in excess of 1.0%, aside from Bursa Malaysia which lost 0.6%. The selling in Japan came after Japanese Government Bonds were halted following a one point ... More


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