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SHARECAFE COMMENTARY

Friday At The Open
BY JULIANA ROADLEY - 08/06/2018

US sharemarkets were mixed on Thursday. Investors fretted about trade friction at this weekend's G7 meeting. But energy stocks rose in response to a higher oil price.

The Dow Jones was boosted by a 4.4% lift in McDonalds on reports that the fast-food retailer was planning more job layoffs. The technology sector lagged with shares in Microsoft down by 1.6% and Facebook down by 1.7%. The Dow Jones finished higher by 95 points or 0.4%. But the S&P 500 index fell by 0.1% and the Nasdaq index lost 54 points or 0.7%.




 

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