• MTS Futures News_AM_20170110

    10 Jan 2017 | SET News



• The Dow Jones Industrial Average .DJI was down 76.42 points, or 0.38 percent, to 19,887.38, the S&P 500 .SPX had lost 8.08 points, or 0.354856 percent, to 2,268.9 and the Nasdaq Composite .IXIC had added 10.76 points, or 0.19 percent, to 5,531.82.

Declines in energy and financial stocks weighed on the S&P 500 on Monday and helped stall the Dow's pursuit of the 20,000 milestone ahead of earnings season and expected U.S. policy changes under the Donald Trump presidency.

The Nasdaq notched a record high close, extending its bullish run with help from healthcare stocks.

• Asian stock markets were on the back foot on Tuesday as risk appetite evaporated overnight after the year's strong start, with equities retreating, oil markets roiled by a supply surge and the pound sliding on renewed concerns about a "hard" Brexit.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat in early trade. Japan's Nikkei .N225 dropped 0.2 percent as investors took refuge in the safe-haven yen.

• May's comments stoked fears of a "hard Brexit", in which border controls are prioritized over market access.

• EU officials say Britain cannot have access to its single market of 500 million consumers without accepting the principle of free movement and have repeatedly warned May against trying to "cherry pick" the profitable parts of their union.

Reference: Reuters

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