• MTS Futures News_AM_20190405

    5 Apr 2019 | SET News

· The Dow Jones Industrial Average and S&P 500 rose on Thursday as investors awaited for more news on a potential trade deal between China and the U.S.



The 30-stock Dow closed 166.50 points higher at 26,384.63, led by a 2.9% gain in Boeing. The S&P 500 climbed 0.2% to 2,879.39, notching its first six-day winning streak since February 2018, as the materials and energy sectors outperformed. The Nasdaq Composite, however, posted a 0.1% loss and closed at 7,891.78 as Tesla shares were under pressure.

· European stocks closed lower on Thursday, as traders monitored developments from ongoing U.S.-China trade talks.

The pan-European Stoxx 600 index ended the session 0.3 percent lower, with sectors and major bourses mostly in negative territory.



Italy's FTSE MIB index slipped 0.2 percent after Bloomberg reported the government of the euro zone's third-largest economy could soon cut its gross domestic product (GDP) forecast to 0.1 percent this year, down from a 1 percent expansion forecast in December.



· Shares in Asia rose on Friday morning as investors watched for more details about a potential trade deal between China and the U.S.

The Nikkei 225 in Japan advanced 0.16% in early trade as shares of index heavyweights Fast Retailing, Softbank Group and Fanuc rose, while the Topix index also added 0.15%.



The moves in Tokyo came after data showed that Japanese household spending rose less than expected in February, rising 1.7% in February as compared to the year before, as compared to a median estimate for a 2.1 percent annual increase, Reuters reported.



Over in South Korea, the Kospi rose 0.17%. Shares of industry heavyweight Samsung Electronics gained 0.32% despite the company warning that its first-quarter profits likely dropped almost 60% as compared to a year ago.



Australia's ASX 200, however, slipped 0.67 percent in early trade as almost all sectors declined.



· The stock markets in China and Hong Kong are closed on Friday for a holiday.

Reference: CNBC

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