• MTS Futures News_AM_20171113

    13 Nov 2017 | SET News


• The Dow .DJI fell 0.17 percent to end at 23,422.21, while the S&P 500 .SPX slipped 0.09 percent to 2,582.3. The Nasdaq Composite .IXIC edged up 0.01 percent to 6,750.94.

Wall Street ended marginally lower on Friday, with losses in Intel and Apple as investors worried about the future of promised corporate tax cuts following dueling plans unveiled by Republican lawmakers.

The S&P 500 and the Dow Jones Industrial Average ended the week lower for the first time in nine weeks.

• Asian shares wavered in early Monday trade after U.S. stocks closed mostly lower on Friday.

The Nikkei 225 fell 0.87 percent in early trade, with trading houses and financials mostly lower. Energy-related stocks, however, were mixed against the broadly declining index: Fuji Oil Holding rose 1.32 percent while Inpex slid 1.52 percent.

Across the Korean Strait, the Kospi edged down 0.24 percent as gains in automakers and cosmetics stocks were offset by losses in manufacturing names: Amorepacific rose 1.25 percent, Hyundai Motor jumped 2.91 percent and Samsung Heavy fell 2.38 percent.

Eleven countries have agreed on "core elements" in a regional trade pact from which the U.S. pulled out earlier this year. Japan has led talks for the trade deal, called the Comprehensive and Progressive Agreement for Trans Pacific Partnership (CPTPP), since the U.S. withdrew. Reuters reported the agreement had not yet been finalized.


Reference: Reuters, CNBC

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