• MTS Futures News_AM_20180614

    14 Jun 2018 | SET News

·         The Dow Jones Industrial Average .DJI fell 119.53 points, or 0.47 percent, to 25,201.2, the S&P 500 .SPX lost 11.22 points, or 0.40 percent, to 2,775.63 and the Nasdaq Composite .IXIC dropped 8.10 points, or 0.11 percent, to 7,695.70.


U.S. stocks ended a choppy session lower on Wednesday after the U.S. Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes this year.


·         Asian shares edged down on Thursday after the Federal Reserve raised interest rates and took a more hawkish tone in forecasting a slightly faster pace of tightening for the rest of the year, while concerns about U.S.-China trade frictions kept investors on edge.

The Nikkei 225 fell 0.73 percent, reversing the slight gains notched by the benchmark in the last session. Mining stocks fell more than 2 percent as most other sectors declined, although shippers clung to gains.


 In Seoul, the Kospi lost 0.76 percent in early trade. Technology stocks were a mixed picture in the morning, with Samsung Electronics dropping 0.91 percent.

 

Reference: Reuters, CNBC

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