• In Dow Jones news today (Friday, May 12), markets slipped again thanks to slipping industrial stocks and continued weakness in retail stocks. The industrial sector slipped on news that Deutsche Bank AG (NYSE: DB) downgraded General Electric Co. (NYSE: GE) from "Hold" to "Sell" and raised concerns about the firm's dividend.
• Asian stocks got off to a shaky start on Monday as a ransomware attack that locked up more than200,000 computers in over 150 countries and a missile test by North Korea on Sunday kept investors on edge.
Safe-haven assets including the yen, gold and U.S. Treasuries held their gains from Friday after weaker-than-expected economic data from the U.S. dented risk appetite.
MSCI's broadest index of Asia-Pacific shares outside Japan was little changed.
Japan's Nikkei retreated 0.3 percent on a stronger yen.
Reference: Reuters, CNBC
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