The Traderszone Network

Stocks ended the day lower on Friday as fresh worries mounted over the real ‘State of the Union’ and what that means for interest rates along with renewed concerns over Greece – leaving many to wonder – Will she stay or will she go? To find out – many traders kept one eye on Europe over the weekend – trying to get a sense of any progress at all…..So what happened?

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U.S. diversified stock funds lost ground in the latest week, ending a three-week winning streak. They lost 0.42% on average in the week ended May 28, cutting their year-to-date gain to 4.18%, according to Lipper Inc. data. In a holiday-shortened week, the market lost ground three of the four days. Investors were worried by stock market news of soft U.S. economic data and the June 5 debt-payment deadline for Greece.

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Equities will be the riskiest asset class this year and through the next decade, but will also offer the highest returns, a poll predicted on Monday.

Names on the move ahead of the open.

Safarova beat No.

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Standard Chartered’s incoming Chief Executive Bill Winters is expected to raise capital and cut the bank’s dividend later this year, potentially forced to act by a tough stress test of its Asian loans, investors and analysts said. Few believe the ex-JPMorgan rainmaker will miss the chance to bolster the balance sheet during his honeymoon at the Asian-focused lender, especially as Britain’s Prudential Regulation Authority plans a fresh assessment on how shock-proof banks have become since the financial crisis.

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Welcome to June: a great month to be a kid, a bad month to be a San Francisco sunbather, and a relatively terrible month to be knee-deep in equities.
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