• MTS Futures News_AM_20181005

    5 Oct 2018 | SET News

·         Wall Street stocks stumbled on Thursday as U.S. Treasury yields continued their ascent to multi-year highs on the latest round of strong economic data, building concerns for an acceleration of inflation.


The Dow suffered its first decline in six sessions, while both the S&P and Nasdaq had their worst day since June 25.


The Dow Jones Industrial Average .DJI fell 200.91 points, or 0.75 percent, to 26,627.48, the S&P 500 .SPX lost 23.9 points, or 0.82 percent, to 2,901.61 and the Nasdaq Composite .IXIC dropped 145.58 points, or 1.81 percent, to 7,879.51.

·         Asia markets traded in negative territory on Friday morning after a tumble overnight on Wall Street.

·         The Nikkei 225 fell by 0.56 percent in the early hours of trading, while the Topix index slipped by 0.33 percent, with most sectors trading lower.

·         In South Korea, the Kospi declined by 0.16 percent in the morning, despite shares of heavyweight Samsung Electronics rising by 1.34 percent after the company said its third-quarter operating profit was likely to have risen to a record high.


·         Down Under, the ASX 200 slipped by 0.16 percent, with the energy sector lower by 0.85 percent. Oil and gas explorer Beach Energy, which had earlier announced the sale of a 40 percent stake in its Victorian Otway gas assets and trimmed its earnings and production guidance for fiscal year 2019, fell by 4.79 percent in the morning.


·         China's markets are closed for the Golden Week holiday.

Reference: Reuters, CNBC

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