• MTS Futures News_AM_20160610

    10 Jun 2016 | SET News



On Wall Street, stocks ended slightly lower after three days of gains, weighed down by financials and energy companies.

The Dow Jones Industrial Average today was flat as financial stocks continued to slide over falling expectations of a summer rate hike by the U.S. Federal Reserve.

Shares of Goldman Sachs Group Inc. (NYSE: GS) and Wells Fargo Co. (NYSE: WFC) both fell more than 1.2%. Investors are weighing the Federal Reserve's next move, but it's growing increasingly clear that the central bank has no concept of how it can "normalize" interest rates and not tank markets.

Dow Jones: 17,985.60; -19.45; -0.11%

S&P 500: 2,115.49; -3.63; -0.17%

Nasdaq: 4,958.62; -16.03; -0.32%

Asia markets opened lower on the final trading day of the week, after a pullback in oil prices weighed U.S. stocks, snapping Wall Street's three-day winning streak.

Japan's Nikkei 225 was off 0.78 percent as the yen maintained relative strength against the dollar.


Reference: Money Morning, Reuters, CNBC

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