• MTS Futures News_AM_20170804

    4 Aug 2017 | SET News


·         The Dow Jones Industrial Average .DJI edged up 0.04 percent, or 9.86 points, to end at 22,026.1, an all-time high.

The S&P 500 .SPX lost 0.22 percent to 2,472.16 and the Nasdaq Composite .IXIC dropped 0.35 percent to 6,340.34.

The S&P 500 and the Nasdaq fell on Thursday, weighed down by Amazon.com, Apple and other top-shelf technology stocks, while the Dow Jones Industrial Average edged up to a seventh straight record high.

·         Stocks lost a little ground late in the session after the Wall Street Journal reported that Special Counsel Robert Mueller has impaneled a grand jury in Washington to investigate allegations of Russia's interference in the 2016 U.S. presidential election.

 "It's more distraction for the White House and less stability," said Chris Zaccarelli, chief investment officer at Cornerstone Financial Partners. "It definitely was market moving."


·         Asian stocks struggled on Friday after a technology-led drop on Wall Street, while U.S. Treasury yields and the dollar remained under pressure on signs that probes into possible Russian interference in the 2016 U.S. elections are gathering pace.

·         Japan's Nikkei 225 was down 0.34 percent, while the Topix index declined 0.22 percent. Across the Korean Strait, the Kospi erased earlier gains to trade down 0.13 percent.

Reference: Reuters, CNBC

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