• MTS Futures News_AM_20170518

    18 May 2017 | SET News


• The Dow Jones Industrial Average .DJI fell 372.82 points, or 1.78 percent, to 20,606.93, the S&P 500 .SPX lost 43.64 points, or 1.82 percent, to 2,357.03 and the Nasdaq Composite .IXIC dropped 158.63 points, or 2.57 percent, to 6,011.24.

The S&P 500 and the Dow notched their biggest one-day fall since Sept. 9 as investor hopes for tax cuts and other pro-business policies faded after reports that U.S. President Donald Trump tried to interfere with a federal investigation set off alarm bells on Wall Street.

• Former FBI chief James Comey said in a memo that Trump had asked him to end a probe into former National Security Adviser Michael Flynn's ties with Russia, the reports said.

• The VIX .VIX, Wall Street's "fear gauge", shot up to 15.34, its highest level since April 18.

• Asian stocks fell on Thursday in line with global peers, and the dollar nursed deep losses against the yen as uncertainty mounted over U.S. President Donald Trump's future following reports that he tried to interfere with a federal investigation.

• MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS dropped 0.4 percent.

• Japan's Nikkei .N225 shed 1.2 percent, Australian shares lost 1.1 percent and South Korea's Kospi .KS11 declined 0.5 percent.

Reference: Reuters

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