The Japanese yen traded at 107.61 per dollar after weakening from levels around 107.4 yesterday. The Australian dollar changed hands at $0.6794 after seeing levels below $0.657 last week.
All three major U.S stock indices began the month with gains of less than 1% on the heels of a strong rally in May.
Shares in Asia Pacific were higher on Monday, with Hong Kong’s Hang Seng index surging more than 3% in morning trade.
Volume on U.S. exchanges was 13.62 billion shares, compared to the 11.3 billion average for the full session over the last 20 trading days.
The Japanese yen traded at 107.34 per dollar after strengthening from levels above 107.8 yesterday.
The Dow Jones Industrial Average fell 147.63 points, or 0.58%, to 25,400.64, the S&P 500 lost 6.4 points, or 0.21%, to 3,029.73 and the Nasdaq Composite dropped 43.37 points, or…
Developments on U.S.-China relations likely continued to be monitored by investors, as tensions between the two economic powerhouses mount.
Oil’s rally started to falter Wednesday after Moscow signaled that it wanted to scale back supply cuts pledged under the OPEC+ agreement from July
Oil prices dipped in the afternoon of Asian trading hours, with international benchmark Brent crude futures down 0.25% to $36.08 per barrel. U.S. crude futures also slipped 0.44% to $34.20 per barrel.
The Dow Jones Industrial Average rose 529.95 points, or 2.17%, to 24,995.11, the S&P 500 gained 36.32 points, or 1.23%, to 2,991.77, and the Nasdaq Composite added 15.63 points, or…