• MTS Futures News_AM_20170119

    19 Jan 2017 | SET News



• The Dow Jones Industrial Average .DJI closed down 22.05 points, or 0.11 percent, to 19,804.72, the S&P500 .SPX gained 4 points, or 0.18 percent, to 2,271.89 and the Nasdaq Composite .IXIC added 16.93 points, or 0.31 percent, to 5,555.65.

The Dow ended lower for the fourth day in a row. The frenetic post-election rally in U.S. equities has slowed in recent weeks as investors wait for Trump to work on his campaign promises. Investors hope to get more insight following his inauguration on Friday.

The S&P 500 ended a choppy session slightly higher on Wednesday, helped by a rise in financials after Federal Reserve Chair Janet Yellen said it "makes sense" to gradually lift interest rates.

• Asian shares edged lower on Thursday and the dollar rebounded after Federal Reserve Chair Janet Yellen hinted that interest rates in the United States could rise quickly this year.

Yellen said in a speech to the Commonwealth Club of California in San Francisco on Wednesday that holding off too long to begin raising rates could "risk a nasty surprise down the road," and that it "makes sense" for the Fed to gradually lift rates.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS inched 0.1 percent lower in early trade.

• Japan's Nikkei stock index .N225 was up 1 percent, lifted by the weaker yen's tailwind.

Investors have also remained anxious ahead of Trump's inauguration on Friday, with many using it as an excuse to take some money off the table.

Reference: Reuters

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