• MTS Futures News_AM_20181016

    16 Oct 2018 | SET News

• The Dow Jones Industrial Average .DJI fell 89.44 points, or 0.35 percent, to 25,250.55, the S&P 500 .SPX lost 16.34 points, or 0.59 percent, to2,750.79, and the Nasdaq Composite .IXIC dropped 66.15 points, or 0.88 percent, to 7,430.74.

U.S. stocks ended lower in a choppy trading session on Monday, dragged down by technology stocks amid lingering worries over interest rates and corporate earnings.

Major stock markets slipped on Monday as rising tensions between Western powers and Saudi Arabia added to concerns over the pace of global economic growth, with investors flocking to traditional safe-havens like the Japanese and Swiss currencies, as well as gold.

• European shares failed to rebound and hit a 22-month low on Monday after their worst week since a correction in February as threats such as trade wars, rising U.S. yields, Chinese growth, Brexit and the Italy/EU budget row continued to weigh on markets.

At 0754 GMT, the pan-European STOXX 600 was down 0.6 percent at 356.8 points, levels not seen since December 2016.

• Stocks in Asia were higher on Tuesday morning.

In Japan, the Nikkei 225 advanced by 0.28 percent in early trade, while the Topix index also saw gains of 0.15 percent. Shares of Softbank rebounded strongly in the morning, bouncing by 3.47 percent following yesterday's tumble.

Meanwhile, South Korea's Kospi rose by 0.46 percent.

The ASX 200 traded higher by 0.54 percent in the morning, with most sectors trading higher. The heavily weighted financials subindex saw gains of 0.88percent with major banks trending higher — Australia and New Zealand Banking Group was higher by 0.83 percent, Commonwealth Bank of Australia climbed 0.85 percent while National Australia Bank gained 1.22 percent.


Reference: Reuters, CNBC

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