• MTS Futures News_AM_20190509

    9 May 2019 | SET News

· Stocks failed to rebound from a deep sell-off this week as investors remain on edge about the standoff between the U.S and China over a trade agreement.

The Dow Jones Industrial Average finished the day 2.24 points higher at 25,967.33, while the S&P 500 was down 0.16% to 2,879.42 and the Nasdaq Composite fell 0.26% to 7,943.32. The Dow was down 75 points at its intraday low and was up as much as 153 points at one point. The volatile session followed big losses in the previous two days with the Dow falling nearly 540 points in those two sessions.

A disappointing forecast from Intel late in the trading day helped drag down the market. Intel fell 2.46%.

The 30-stock Dow jumped midday Wednesday after White House Press Secretary Sarah Sanders affirmed President Donald Trump's tweet earlier that China is coming to Washington this week to strike a deal.

· Stocks in Asia Pacific were mixed Thursday morning trade as investors monitored for new developments from the ongoing U.S.-China trade negotiations.

In Japan, the Nikkei 225 declined 0.45% in early trade and the Topix index slipped 0.78%. South Korea's Kospi shed 0.37% as shares of chipmaker SK Hynix declined more than 1%.

The ASX 200 in Australia, meanwhile, bucked the downward trend to rise around 0.1% as the sectors traded mixed.


Reference: CNBC

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