• MTS Futures News_AM_20170803

    3 Aug 2017 | SET News


·         The Dow Jones Industrial Average .DJI rose 0.24 percent to end at 22,016.24, a record high. The S&P 500 .SPX gained 0.05 percent to 2,477.57 and the Nasdaq Composite .IXIC was flat at 6,362.65.


The Dow climbed above the 22,000 mark for the first time on Wednesday, buoyed by Apple's healthy quarterly iPhone sales, while weakness in other tech stocks held back the Nasdaq and S&P 500.


Apple (AAPL.O) jumped 4.73 percent to a record high after the world's largest publicly listed company reported strong results. It is up 36 percent this year.


The Dow has risen 11 percent in 2017 and is on track for its sixth straight record close, even as Wall Street loses confidence that President Donald Trump and a Republican-controlled Congress will be able to cut taxes and increase infrastructure spending this year. The Dow hit the 20,000 level in late January and crossed the 21,000 mark on March 1.

 

 

·         Asian indexes were in the red on Thursday after the Dow closed above the 22,000 level and the dollar dropped to its lowest levels in more than two-and-a-half years against the euro overnight.

·         Japan's Nikkei 225 edged down 0.16 percent and South Korea's Kospi fell 1.21 percent in early trade.

Reference: Reuters, CNBC

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