Disappointing jobs data from the US has renewed concerns about the pace of the global economic growth. US markets fell 0.8-1.5% on Friday, as nonfarm payrolls rose by only 54,000 in May after a gain of 244,000 jobs in April, smallest increase since September 2010.
Laurence Balanco, Asian Technical Research, CLSA tells CNBC-TV18 that the immediate support level for the S&P is at 1,290.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
