Nigeria Attack Sent Brent Crude above US$50/bbl

Led by the energy sector, Wall Street moved higher with the S&P 500 index returning to the highest level in 7 months and up +0.49% at close. The DJIA index also gained +0.64%. Market sentiment turned more upbeat although Fed Chair Janet Yellen noted the employment report in May was disappointing. This was probably driven by diminished hopes of rate hike in June/July.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/nigeria-attack-sent-brent-crude-above-us50bbl-2016060733059/