• MTS Futures News_AM_20170606

    6 Jun 2017 | SET News


• The Dow Jones Industrial Average .DJI fell 22.25 points, or 0.1 percent, to 21,184.04, the S&P 500 .SPX lost 2.97 points, or 0.12 percent, to 2,436.1 and the Nasdaq Composite .IXIC dropped 10.11 points, or 0.16 percent, to 6,295.68.

Stocks dipped on Wall Street on Monday as a drop in Apple partly offset gains in energy and financial stocks, some of the market's worst-performing sectors so far this year.

• Monday's data showed services sector activity slowed in May as new orders tumbled. Together with an April fall in orders for manufactured goods and worker productivity unchanged in the first quarter, data suggest limited scope for faster economic growth.

Despite the softening economic numbers, traders still bet the Federal Reserve will raise rates at its June 13-14meeting. Reuters data points to a 93.6-percent chance of a quarter-point hike.

• Asian stocks retreated on Tuesday after Wall Street's stumble overnight, while oil inched up from the previous day losses as lower Libyan oil production assuaged concerns that the severing of ties with Qatar by other Arab states could impede a deal to cut crude output.

• MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.2 percent in early trade, pulling back from a two-year high hit on Monday.

• Japan's Nikkei .N225 dropped 0.4 percent.

• South Korean markets were closed for a holiday.

Reference: Reuters

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