• MTS Futures News_AM_20180622

    22 Jun 2018 | SET News

·         U.S. stocks fell on Thursday, with the Dow slumping for an eighth straight decline as industrials wobbled again on trade war concerns while Amazon and other online retailers weakened after a U.S. Supreme Court ruling on state sales tax collection.


The Dow Jones Industrial Average fell 196.1 points, or 0.8 percent, to 24,461.7, the S&P 500 lost 17.56 points, or 0.63 percent, to 2,749.76 and the Nasdaq Composite dropped 68.56 points, or0.88 percent, to 7,712.95.


The Dow index is heavily affected by industrial companies, and trade concerns pushed it into negative territory for the year earlier this week, with the index on pace for its eighth straight decline.


·         Major Asian markets edged lower on Friday, tracking losses seen on Wall Street amid investor concerns about the trade dispute between the U.S. and China.


·         Japan led losses in Asia in the morning. The benchmark Nikkei 225 slid 0.97 percent, with losses were seen across most sectors. Automakers were down 1.65 percent in the morning.


·         Declines in South Korea were less pronounced, with the Kospi shedding 0.43 percent.

Reference: Reuters, CNBC




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