• MTS Futures News_AM_20170616

    16 Jun 2017 | SET News


• The Dow Jones Industrial Average fell 14.66 points, or 0.07 percent, to 21,359.9, the S&P 500 lost 5.46 points, or 0.22 percent, to 2,432.46 and the Nasdaq Composite dropped 29.39 points, or 0.47 percent, to 6,165.50.

A recent slump in technology stocks worsened on Thursday, dragging on major U.S. indexes, while investors fretted about the economy's health after the Federal Reserve lifted interest rates.

• "Monetary policy got hawkish," said John Augustine, chief investment officer at Huntington National Bank in Columbus, Ohio. "Fiscal policy is getting delayed and inflation will not cooperate the way the markets and the Fed want it to."

• Asian stocks were steady on Friday, appearing to take in stride the resumption of the U.S. technology rout overnight, while the dollar held near a two-week high after solid economic data backed the case for tighter U.S. monetary policy.

• MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat, on track to end the week down 0.7 percent.

• Japan's Nikkei .N225 jumped 0.5 percent, narrowing its loss for the week to 0.4 percent.

Reference: Reuters


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