• MTS Futures News_AM_20170622

    22 Jun 2017 | SET News


• The Dow Jones Industrial Average .DJI fell 57.11 points, or 0.27 percent, to close at 21,410.03, the S&P 500 .SPX lost 1.42 points, or 0.06 percent, dropping to 2,435.61 and the Nasdaq Composite .IXIC added 45.92 points, or 0.74 percent, rising to 6,233.95.

The S&P 500 and Dow stock indexes were weighed down by falling energy shares as oil prices fell on Wednesday and added to investor concerns about low inflation, while healthcare and technology stocks helped lift the Nasdaq Composite index.

• Healthcare stocks were helped by reports that U.S. President Donald Trump's efforts to rein in drug prices may be friendlier than expected to the industry, according to Brad McMillan, Chief Investment Officer for Commonwealth Financial in Waltham, Mass.

• The energy index has fallen 14.9 percent so far this year compared with an 8.9 percent rise for the S&P 500. Oil futures have fallen about 21 percent so far this year.

• Asian stocks advanced on Thursday as oil prices inched up after hitting a 10-month low overnight on concerns over a supply glut and falling demand, dragging U.S. and European shares lower.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edged up 0.2 percent.

Japan's Nikkei .N225 and South Korea's KOSPI .KS11 were flat, while Australian shares rose0.4 percent.

Reference: Reuters, CNBC

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