While you were sleeping: Fed’s Brainard eyes ‘softness’

Tue, 02 Jun 2015

By Margreet Dietz June 3 (BusinessDesk) - Wall Street swung between gains and losses as investors awaited a key US jobs report for clues on a potential interest rate increase, while also monitoring the ongoing negotiations between Greece and its international creditors ahead of a debt payment. “The focus is on Friday’s big employment number, and there’s a lot of indecision,” Matt Maley, an equity strategist at Miller Tabak & Co in Newton, Massachusetts, told Bloomberg. “If the situation in Greece deteriorates, it leaves a lot of downside...

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