• MTS Futures News_AM_20170503

    3 May 2017 | SET News


• The Dow Jones Industrial Average .DJI rose 36.43 points, or 0.17 percent, to 20,949.89, the S&P 500 .SPX gained 2.83 points, or 0.12 percent, to 2,391.16 and the Nasdaq Composite .IXIC added 3.76 points, or 0.06 percent, to 6,095.37.

Wall Street edged higher on Tuesday as gains for the tech and industrial sectors countered weakness in auto and energy stocks and investors digested a heavy day of earnings reports.

• Investors also were awaiting other significant events later in the week, including Wednesday's expected statement from the Federal Reserve, which began meeting on Tuesday, and Friday's U.S. employment report.

• The Fed is widely expected to stand pat on interest rates, but may offer hints on the possibility of a rate hike in June.

• Most Asian markets advanced on Wednesday, tracking gains on Wall Street overnight despite disappointment with Apple earnings, with traders looking ahead to the U.S. Federal Reserve meeting results.

• In Japan, the dollar fetched 112.04 yen at around 8:37 a.m. HK/SIN, down from highs around 112.30 yen overnight. In Australia, the S&P/ASX 200 edged down 0.07 percent. Markets in Japan, South Korea and Hong Kong are shut Wednesday for public holidays.

Reference: Reuters, CNBC

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