Friday, 27 May 2016

Markets mixed

Stocks were little-changed on Thursday.

The Shanghai Composite Index rose 0.3 percent but the Nikkei 225 and the STOXX Europe 600 edged up just 0.1 percent while the S&P 500 was flat.

US crude oil slipped 0.2 percent while the US 10-year Treasury yield fell to 1.823 percent from 1.87 percent on Wednesday.

Strategist Jim Paulsen thinks that the S&P 500 should soon hit a record high but the view among other analysts remain mixed.

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