• MTS Futures News_AM_20190402

    2 Apr 2019 | SET News

· Stocks jumped on Monday as strong manufacturing data out of the U.S. and China eased worries of a possible global economic slowdown.

The Dow Jones Industrial Average rose 329.74 points to 26,258.42, led by gains in United Technologies, Caterpillar and J.P. Morgan Chase. Monday's session also marked the Dow's first close above 26,000 since Feb. 26.The S&P 500 climbed 1.2 percent to 2,867.19 as the financials sector outperformed. The Nasdaq Composite closed 1.3 percent higher at 7,828.91 on gains from Facebook, Amazon, Netflix and Alphabet.

· European stocks jumped Monday, as investors in Europe digested stronger-than-expected manufacturing data from first China and then the United States.

By the close, the pan-European Stoxx 600 was provisionally 1.2 percent higher with almost every sector in positive territory.

· Asia Pacific markets jumped in morning trade Tuesday following overnight gains on Wall Street, as concerns over a possible global economic slowdown eased.

The Nikkei 225 in Japan rose 0.96 percent while the Topix index added 0.78 percent. The yen, considered a safe haven currency, traded at 111.42 to the dollar, weakening from levels near 110.00 in the previous week as investors took on more risk.

In South Korea, the Kospi index was up 0.45 percent.


Reference: CNBC

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