• MTS Futures News_AM_20180522

    22 May 2018 | SET News

·         The Dow Jones Industrial Average .DJI rose 298.2 points, or 1.21 percent, to 25,013.29, the S&P 500 .SPX gained 20.04 points, or 0.74 percent, to 2,733.01, and the Nasdaq Composite .IXIC added 39.70 points, or 0.54 percent, to 7,394.04.


·         U.S. stocks rose on Monday and gains in industrials helped propel the Dow to a more than two-month closing high, after a truce between the United States and China calmed fears that a trade war might be imminent.


·         Asian markets were subdued early on Tuesday despite gains seen on Wall Street on the back of an apparent cooling in recent U.S.-China trade tensions.

·         In Japan, the Nikkei 225 tracked lower by 0.1 percent in morning trade after starting the session with slight gains. The broader Topix slipped 0.15 percent, with most of its 33 subsectors trading lower although steelmakers and oil names notched gains.

·         Elsewhere, Australia's S&P/ASX 200 shed 0.33 percent as all of its subindexes declined, with the exception of the energy sector.

·         MSCI's index of shares in Asia Pacific excluding Japan, meanwhile, inched higher by 0.12 percent.

·         Markets in Hong Kong and South Korea will be closed on Tuesday for a holiday.

Reference: Reuters, CNBC

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