International Market Morning Update by ripples advisory

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In International markets, S&P500 continued to trade above its breakout level of 2401 and yesterday closed at 2432.50. The strength on Wall Street came even though a report from the Labor Department showed much weaker than expected job growth in the month of May. The report said non-farm payroll employment rose by 138,000 jobs in May after climbing by a downwardly revised 174,000 jobs in April.

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