• MTS Futures News_AM_20170707

    7 Jul 2017 | SET News


• The Dow Jones Industrial Average .DJI fell 158.13 points, or 0.74 percent, to 21,320.04, the S&P 500 .SPX lost 22.79 points, or 0.94 percent, to 2,409.75 and the Nasdaq Composite .IXIC dropped 61.39 points, or 1 percent, to 6,089.46.

U.S. stocks were sharply lower on Thursday after disappointing labor market data clashed with the possibility of a more hawkish Federal Reserve, while rising tensions in the Korean peninsula providing additional pressure.

• Geopolitical tensions also weighed on sentiment, with U.S. President Donald Trump vowing on Thursday to confront North Korea "very strongly" following its latest missile test and urging nations to show Pyongyang that there would be consequences for its weapons program.

• Asian shares lost ground on Friday after a weak session on Wall Street, while global sovereign debt yields were elevated across the board on bets the European Central Bank is moving ever closer towards unwinding its massive monetary stimulus.

• MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.3 percent, after the Dow lost 0.7 percent and the tech-heavy Nasdaq fell 1 percent on Thursday, partly as higher Treasury yields dimmed the appeal of equities.

Reference: Reuters

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