Acetrader-Daily Market Outlook -30-5-2011

Japan’s Nikkei 225 (NKY) Stock Average fell 2.2 percent. South Korea’s Kospi Index lost zero.3 percent and Australia’s S&P/ASX 200 Index slipped 0.4 number. China’s Shanghai Composite Index dropped 0.1 %. Hong Kong’s Hang Seng Index gained 6.3 percent. Singapore’s Straits Times Index added 7.4 percent.

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Futures by the Standard & Poor’s 500 Index rose 0.1 percent today. In New York, the index advanced 4.4 percent to 1,330.10 on May 27 as comments to the Group of Eight for your global economy’s strength offset a slump in home sales which 12 times faster than projected. Ough.S. markets are closed today in your public pleasure.

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