Dow Jones down 279 points - Market Update, 2nd June 2011

2011-06-02 31

Visit http://www.cityindex.co.uk/market-analysis/financial-news.aspx for all the latest financial news from spread betting and CFD trading provider City Index. Here, Ben Cooper brings you the key activity shaping the financial markets on 2nd June 2011. Headlines include:

- The Dow Jones closed down 279 points last night.

- Worries over the US recovery worsened after poor jobs data.

- The FTSE 100 was down 56 points today.

- In companies, results are expected today from Kingfisher, ASOS and Johnson Matthey.

- In economic data, US initial jobless claims will be released at 1.30pm (UK time), followed by US Factory Orders at 3pm and US crude inventories at 3.30pm.

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