• MTS Futures News_AM_20180327

    27 Mar 2018 | SET News


• The Dow Jones Industrial Average .DJI rose 669.4 points, or 2.84 percent, to 24,202.6. The two larger point gains for the Dow were in October2008. The S&P 500 .SPX gained 70.29 points, or 2.72 percent, to 2,658.55 and the Nasdaq Composite .IXIC added 227.88 points, or 3.26 percent, to7,220.54. 7,220.54

The three major U.S. indexes saw their best percentage gains since Aug. 26, 2015.

Wall Street scored its best day in 2-1/2 years and the Dow Jones Industrial Average saw its third-biggest point gain ever on Monday, as trade war fears eased on reports the United States and China are willing to renegotiate tariffs and trade imbalances.

• The tensions were calmed as Chinese Premier Li Keqiang repeated pledges to maintain trade negotiations and ease access to American businesses.

• Asian stocks rose on Tuesday after Wall Street rebounded on the first day of the trading week amid a slight easing in trade tensions.

In Tokyo, the Nikkei 225 rose 1.06 percent. The broader Topix gained 1.17 percent, as all sectors, with the exception of the mining, oil and coal subindexes, advanced.

Seoul's Kospi also gained in the early going. The benchmark added 0.62 percent as automakers and financials rose, but index heavyweight Samsung Electronics slipped 0.24 percent.


Reference: Reuters, CNBC

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