The stock markets in the United States ended the trading session down except the S&P 500, up by 0.04%. The Dow Jones dropped 0.01%; NASDAQ declined 0.15%, and Russell 2000 fell 0.35% today. Sign up for our free newsletter Commenting on the market trends, Richard Hunter, head of equities at Hargreaves Lansdowne told Bloomberg, "It's like we're all waiting for a catalyst, but we don't really know where to look. Everyone's trying to double guess when the Fed's interest-rate hike will be, and mixed data has not really made it too clear. You could buy on dips given the recent selloff, but you can also come up with a bunch of reasons not to invest." Investors are speculating that the Federal Reserve could start raising interest rates this year after the Department of Labor reported that the economy created 280,000 jobs in May—the strongest job hiring in five months. Investors will monitor closely the upcoming consumer confidence and retail sales, which will be released this week. Economists are expecting that the data would show economic improvement. Investors are also monitoring any progress in Greece's debt negotiations with the International Monetary Fund IMF and the leaders of the European Union. The Greek government submitted new proposals to unlock bailout funds. Yesterday, it was reported that the country's international creditors were considering extending the bailout program until the end of March 2016. U.S. Markets
Dow Jones Industrial Average DJIA - 17,764.04 -0.01%
Shares of AudioCodes (AUDC) are higher after the company announced that the Israeli Office of the Chief Scientist approved in principle a three-year program to establish an advanced innovative R&D center for cloud technologies.