Nasdaq

Apple shares led the fallers on the Nasdaq shortly after open following a disappointing second quarter trading update from the tech giant.

Stronger than expected employment data could not prevent Wall Street selling off at the open this afternoon.

Shares on the major US stock markets shed more than 2% overnight as weak manufacturing data from the US, Europe and China fuelled fears of a global slowdown.

Wall Street opened higher this afternoon as investors anticipated central bank stimulus measures would be forthcoming when the Federal Reserve's policy meeting concludes on Wednesday.

Gold slid over 6% last month, making it the biggest May loss for the precious metal since a near 10% fall in 1982.

ALTERNATIVES

Wall Street opened lower today, joining a global equity slump triggered by mounting concerns over Greece's future in the eurozone.

Stocks on Wall Street rallied on strong industrial production figures today, despite renewed fears over a potential Greek exit from the euro.

Lindsell Train co-founder Nick Train has called the beginning of a new technology bull run following Apple's explosive start to 2012.

Investors are concerned recent sharp moves in Apple's share price are distorting returns for the wider US market, suggesting some indices may have to be rebalanced to lessen the tech giant's dominance.