While you were sleeping: Wall St moves lower

Tue, 30 May 2017

By Margreet Dietz May 31 (BusinessDesk) - Wall Street slipped from record highs, while oil prices also declined. Investors are focused on the latest US jobs data, with Friday’s government nonfarm payrolls report expected to show a gain of 185,000 positions expected, according to a Bloomberg poll. Federal Reserve policy makers are expected to raise their target interest rate when they next meet in June. Inflation, however, remains a concern. A Commerce Department report showed the core personal consumption expenditures price index, a...

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