• MTS Futures News_AM_20170224

    24 Feb 2017 | SET News


• The Dow Jones Industrial Average rose 34.72 points, or 0.17 percent, to 20,810.32, the S&P 500 gained 0.99 points, or 0.04 percent, to 2,363.81 and the Nasdaq Composite dropped 25.12 points, or 0.43 percent, to 5,835.51.

The Dow managed to notch a record high for a tenth straight session, the longest streak since 1987. The streak of gains is the longest for the index since March 2013.

U.S. stocks edged higher on Thursday, buoyed by energy stocks and a renewed pledge by President Donald Trump to chief executives of major U.S. companies to bring back millions of jobs to the United States.

• Asian shares took a breather on Friday, hovering just below 1-1/2-year highs as investors braced for a potentially wobbly session after U.S. President Donald Trump called China "grand champions" of currency manipulation.

His comments came just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing's foreign exchange practices.

The offshore yuan stood flat at 6.8476 per dollar CNH=D4. In onshore trade, the yuan fell 6.6 percent last year in its biggest drop in over 20 years. All eyes are on the Chinese markets which open shortly.

• MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS was down 0.1 percent in early trade after four straight days of gains while Japan's yen-sensitive Nikkei .N225 was off 0.7 percent.

Reference: Reuters, CNBC

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