• MTS Futures News_AM_20190225

    25 Feb 2019 | SET News


·         
European stocks closed slightly higher Friday afternoon, as market participants monitored trade talks between the world's two largest economies.


The pan-European Stoxx 600 closed up by around 0.3 percent provisionally, with most sectors and major bourses ending in positive territory. On the week, the benchmark was up by around 0.6 percent.



·         Stocks rose on Friday as another round of trade talks between the U.S. and China wrapped up with investors increasingly more hopeful a deal will be struck.

The Dow Jones Industrial Average gained 181.18 points to 26,031.81 as Intel outperformed. The 30-stock index also broke above26,000 for the first time since early November and posted its ninth consecutive weekly gain, its longest streak since May 1995. The Nasdaq Composite advanced 0.9 percent to 7,527.54 as shares of Facebook, Amazon, Netflix and Alphabet all closed higher. The tech-heavy Nasdaq also notched its ninth straight weekly gain, its longest streak since May 2009.

The small-caps Russell 2000 gained 0.9 percent to close at 1,590.06 and recorded its longest weekly winning streak since 1996.The S&P 500 climbed 0.6 percent to 2,792.67, led by gains in the tech sector.

·         Stocks in Asia traded higher on Monday morning amid trade optimism after U.S. President Donald Trump announced a postponement of a closely-watched deadline on March 1.

In Japan, the Nikkei 225 advanced 0.4 percent and the Topix rose 0.48 percent in early trade. Shares of index heavyweight Fast Retailing, the company behind the Uniqlo chain of apparel stores, gained more than 0.6 percent.


South Korea's Kospi also added 0.16 percent. Australia's ASX 200 were 0.14 percent higher in morning trade.


Reference: CNBC


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