Daily Market Update 6/8/17

Rates were little changed Thursday as testimony by former FBI Director James Comey got underway.  Investors will be watching closely for any new revelations about President Trump or his administration.  This morning, the European Central Bank (ECB) made no change in rates or policy.  ECB President Draghi gave a more upbeat assessment for economic growth, but said inflationary pressures remain low.  In the U.S., weekly Jobless Claims fell to 245,000, slightly above forecast.  The results of today’s British election are not likely to be known before U.S. markets close this afternoon.

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