Australian market is closed The Australian market is closed for the Queen's birthday public holiday. However, at 0630 AEST on Monday, the June share price index futures contract was up 58 points at 4798, following sharply rises on US and European markets. No major economic or equities news is expected on Monday, In Australia, the market on Friday closed lower as cautious investors sold resources stocks ahead of the release of key economic data in the US and China. The benchmark S&P/ASX200 index was down 43.5 points, or 0.91 per cent, at 4,737.7 points, while the broader All Ordinaries index was down 42.5 points, or 0.89 per cent, to 4,729.3 points. Wall Street closed 1.3 per cent higher on Friday, after Labor Department data showed that 175,000 jobs were generated in May, better than pessimistic expectations. The Dow Jones up 1.38 per cent at 15,248.12, the S&P up 1.28 per cent to 1,643.38 and the Nasdaq rising 1.32 per cent to 3,469.22. The major European bourses also climbed on the positive figures. London's FTSE 100 index of leading shares closed up 1.20 per cent to 6,411.99 points on Friday, while in Frankfurt the DAX 30 index jumped 1.92 per cent to 8,254.68 points and in Paris the CAC 40 climbed 1.53 per cent to 3,872.59 points. Milan rose by 1.0 per cent and Madrid added 0.61 per cent.