Pre-Market Report – Friday 31 May: SPI Rallies 50 | Commodities Under Pressure
The Dow Jones Industrial Average slid 330.06 points, or 0.86%, to 38,111.48. The S&P 500 lost 0.6% to close at 5,235.48. The Nasdaq Composite dipped 1.08% to 16,737.08, underscoring the weakness in technology names.
The Nasdaq Composite and S&P 500 have jumped nearly 7% and 4%, respectively, in May. The Dow has risen 0.8% in the month. All three indexes hit record highs in May.
ASX to rise. SPI Futures up 50 points (+0.65%).
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