• MTS Futures News_AM_20170206

    6 Feb 2017 | SET News


• Dow Jones: 20,071.46; +186.55; +0.94%

• S&P 500: 2,297.42; +16.57; +0.73%

• Nasdaq: 5,666.77; +30.57; +0.54

In Dow Jones news today, the Dow rallied back above 20,000 thanks to the financial sector and a better than expected January jobs report from the Labor Department. On Wall Street, banks had ended Friday strongly as President Donald Trump moved to roll back regulations intended to prevent a repeat of the global financial crisis.

• Asian shares edged ahead on Monday as Wall Street gathered momentum into a busy week of earnings with more than 100 major companies due to report, while the dollar was again hobbled by a lack of progress on U.S. fiscal stimulus.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS inched up 0.3 percent, with Australia ahead by 0.5 percent.

Japan's Nikkei .N225 rose 0.7 percent in the wake of a firmer finish on Wall Street. Japanese Prime Minister Shinzo Abe meets U.S. President Donald Trump on Feb. 10 and 11, with trade and currencies likely to be on the agenda.

• China's central bank surprised financial markets on Friday by raising short-term interest rates on the first day back from a long holiday, in a further sign of a tightening policy bias as the economy shows signs of steadying. The PBOC raised the seven-day open market operations rate -- its unofficial policy rate -- to 2.35 percent from 2.25 percent.

Reference: Money Morning, Reuters, CNBC

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