• MTS Futures News_AM_20171214

    14 Dec 2017 | SET News


• The Dow Jones Industrial Average .DJI rose 80.63 points, or 0.33 percent, to end at 24,585.43, the S&P 500 .SPX lost 1.26 points, or 0.05percent, to 2,662.85 and the Nasdaq Composite .IXIC added 13.48 points, or 0.2 percent, to 6,875.80.

The Dow and the Nasdaq ended higher but the S&P could not sustain gains in choppy trading after the Fed statement.

• The S&P 500 ended slightly lower on Wednesday pressured by the financial sector after the Federal Reserve announced a widely expected interest rate hike but kept its rate outlook for coming years even as it projected faster U.S. economic growth.

• Asian shares edged higher on Thursday after the Federal Reserve raised interest rates for the third time this year.

• The Nikkei 225 held above the flat line early in the session, trading 0.06 percent higher. Automakers were mostly lower, however, as were several blue-chip tech names, with SoftBank Group losing 2.03 percent. Energy-related names were mostly higher.

• Across the Korean Strait, the Kospi rose 0.56 percent, with so-called "THAAD-related stocks" contributing to gains. Those stocks include retailers and consumer names that tend to get hit when tensions flare up between China and South Korea over Seoul's deployment of the THAAD missile defense system. Lotte Shopping extended overnight gains to climb 0.5 percent, and Amorepacific rose 0.31 percent.

Reference: Reuters, CNBC

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