AM Report 25 June 18: Energy stocks boosting markets.

US sharemarkets ended mixed on Friday. Higher oil prices lifted energy stocks but tech stocks eased. The Dow Jones rose by 119 points or 0.5%. The S&P 500 index rose by 0.2% and the Nasdaq fell by 20 points or 0.3%. Over the week the Dow fell by 2% with the S&P 500 down 0.9% and Nasdaq down 0.7%.

China's central bank announced on Sunday that it will cut bank's reserve requirement ratio.

 

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