• MTS Futures News_AM_20170313

    13 Mar 2017 | SET News


Dow Jones: 20,902.98; +44.79; +0.21%

S&P 500: 2,372.60; +7.73; +0.33%

Nasdaq: 5,861.73; +22.92; +0.39%

• The Dow added 44 points Friday after another major economic data point suggested the U.S. Federal Reserve will raise its benchmark interest rate next week.

The Department of Labor announced non-farm payrolls increased by 235,000 ,jobs last month, topping expectations and signaling robust health in the jobs market.

• Asian shares started the week on a cautious note on Monday as strong U.S. jobs data cemented expectations of a hike in U.S. interest rates this week and as oil prices plunged to 3 1/2-month lows on fresh worries of oversupply.

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was flat, with a fall in resource-heavy Australian shares offset by a rise in tech-heavy South Korean shares .KS11.

Reference: Reuters, Money Morning

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