• MTS Futures News_AM_20170301

    1 Mar 2017 | SET News


• U.S. stocks slipped on Tuesday and the Dow snapped a 12-day streak of record closes as investors awaited President Donald Trump's address to Congress, while a disappointing outlook from Target (TGT.N) dragged down retailers.

• All three major indexes posted gains, however, for the month of February, with the S&P 500 up 3.7percent.

• Asia markets were mixed in early trade Wednesday morning, shrugging off modest U.S. losses from Tuesday. Traders await a speech from President Donald Trump to a joint session of the U.S. Congress in which remarks on tax and spending policies will be key against a backdrop of heightened Fed rate hike views.

• Japan's Nikkei 225 traded up 1.21 percent, while the Topix gained 0.99 percent. Japanese export stocks received a boost from a relatively weaker yen that traded at 113.14 to the dollar at 8:17 a.m. HK/SIN, weakening from levels below 112.20.

Reference: Reuters, CNBC


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