• MTS Futures News_AM_20180628

    28 Jun 2018 | SET News

·         The Dow Jones Industrial Average .DJI fell 165.52 points, or 0.68 percent, to 24,117.59, the S&P 500 .SPX lost 23.43 points, or 0.86 percent, to 2,699.63 and the Nasdaq Composite .IXIC dropped 116.54 points, or 1.54percent, to 7,445.09.


U.S. stocks fell on Wednesday on renewed uncertainty regarding the U.S. stance on Chinese investments in American technology companies, reversing gains earlier in the session.

·         Japan's benchmark Nikkei average .N225 opened down 0.34 percent at 22,195.19 on Thursday, while the broader Topix .TOPX shed 0.30 percent to 1,726.29.

·         Asian stocks tracked lower on Thursday, taking cues from the losses seen on Wall Street overnight as financial and technology stocks weighed on U.S. markets.




In Tokyo, the Nikkei 225 declined 0.66 percent amid broad-based weakness. Losses were led by the energy sector, with the Topix oil and coal products subindex down 1.62 percent after energy shares popped in the last session. Airline names continued their descent, while automakers proved to be a bright spot, with Toyota up 0.57 percent.


Over in Seoul, the Kospi saw a similar level of losses, with the index trading lower by 0.65 percent in morning trade. Technology stocks struggled, with Samsung Electronics and SK Hynix down 2.19 percent and 2.82 percent, respectively, despite the former settling a dispute with Apple over patents.

 

Reference: Reuters, CNBC


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