US equities closed moderately weak, sp -2pts @ 2120 (intra low 2112).
The two leaders - Trans/R2K, settled -0.9% and -0.1% respectively. Near term
outlook is increasingly uncertain. If the USD has maxed out in the DXY
97s, then renewed equity upside will be likely across June.. and
probably into July.
sp'daily5
Trans
Summary
Suffice to add, despite the continuing significant weakness in the 'old leader' - Transports, the broader market is holding together very well.
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a little more later..