Dow Jones: 17,780.56; -49.17; -0.28%
S&P 500: 2,085.44; -3.45; -0.17%
Nasdaq: 4,833.32; -10.44; -0.22%
Another day, another downgrade for the U.S. economy. The International Monetary Fund announced the U.S. economy is only set to grow by 2.2%, down from its previous forecast of 2.4%. The IMF also called for "very gradual" increases in interest rates at a time that the global economy is continually stuck in neutral.
Asian shares edged up and sterling stood close to its peak for the year on Thursday, as investors were cautiously optimistic that British voters would opt to remain in the European Union at a referendum later in the session.
Two opinion polls published late on Wednesday, a few hours before voters were due to begin to cast their votes, showed the "Remain" camp gaining momentum in the closely divided campaign.
MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.2 percent in early trading, shrugging off modest overnight losses on Wall Street.
Japan's Nikkei share average .N225 rose 0.3 percent.
Reference: Reuters, CNBC, Money Morning
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