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Friday, July 1, 2022

Monkeypox spreading in Latin America

Bogota (The Times Groupe)- Colombian health officials confirmed three Monkeypox cases in adults traveling from Europe on Friday.

Turkey re-considers death penalty

Istanbul (The Times Groupe)- Following President Tayyip Erdogan's mention of the death penalty in connection with this week's wildfires, Turkey will reconsider a 2004 decision to abolish capital punishment.

Russia claims hitting three military training centers in Ukraine

Moscow (The Times Groupe)- The Russian Defense Ministry claimed on Sunday that its armed troops struck three Ukrainian military facilities with sophisticated weapons.

US stocks open lower despite job additions beating estimate

EconomyUS stocks open lower despite job additions beating estimate

New York (The Times Groupe)- US stock markets opened lower on Friday despite higher job gains in May than expected.

The Dow was down 266 points, or 0.8%, to 32,981 points at 9.31 a.m. EDT (1331GMT). The S&P 500 fell 49, or 1.2%, to 4,127.

Even after gaining 2.7% in the previous session, the tech-heavy Nasdaq was off 200 points, or 1.6%, to 12,117 at the time.

According to the Labor Department, the US economy added 390,000 jobs in May, above the market estimate of 325,000.

As a result, the VIX volatility index, also known as the fear index, rose 3.6% to 25.61.

The dollar index rose 0.14% to 101.97 and the 10-year US Treasury yield increased 2.1% to 2.977%.

In precious metals, gold fell 0.4% to $1,862 and silver fell 0.3% to $22.25.

Crude prices increased slightly. Global oil benchmark Brent crude was trading at $117.84 for a 0.2% gain, while American benchmark West Texas Intermediate (WTI) was at $117.16 — a 0.25% increase.

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