• MTS Futures News_AM_20170112

    12 Jan 2017 | SET News



• Dow Jones: 19,954.28; +98.75; +0.50%

• S&P 500: 2,275.32; +6.42.; +0.28%

• Nasdaq: 5,563.65; +11.83; +0.21%

The Dow Jones Industrial Average today is now in striking distance of 20,000 after President-elect Donald Trump's press conference.

Some investors remain optimistic that President-elect Trump's proposed economic policies will help bolster corporate revenue and economic growth.

• The U.S. dollar nursed widespread losses on Thursday after President-elect Donald Trump's widely-awaited news briefing provided little clarity on future fiscal policies, disappointing bulls wagering on major stimulus.

Yet neither did Trump mention possible tariffs against Chinese exports, a relief for Asian share markets that have feared the outbreak of a global trade war.

It was enough to help MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS edge up 0.5percent to its highest since early November.

Going the other way, Japan's Nikkei .N225 slipped 0.7 percent as the yen climbed on a retreating dollar.

Reference: Reuters, Money Morning

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