MTS Futures News_AM_20180803

MTS News

MTS Futures News_AM_20180803

3 Aug 2018

• The Dow Jones Industrial Average .DJI fell 7.66 points, or 0.03 percent, to 25,326.16, the S&P 500 .SPX gained 13.86 points, or 0.49 percent, to 2,827.22 and the Nasdaq Composite .IXIC added 95.40 points, or 1.24 percent, to 7,802.69.

Technology stocks pushed the S&P 500 and Nasdaq higher on Thursday, driven by Apple shares as the iPhone maker became the first publicly traded U.S. company worth a trillion dollars.

Apple Inc (AAPL.O) extended its post-earnings rally, gaining 2.9 percent and pushing its market value across the trillion-dollar threshold.

• Asian stocks traded moderately higher on Friday as regional markets attempted to recover after sliding on trade jitters in the last session. The advance in Asia also came on the back of tech-led gains seen stateside as Apple became the first publicly traded U.S. company to hit a market cap of $1 trillion.

Japan's Nikkei 225 edged up by 0.4 percent in early trade, with the oil and coal sector, as well as automakers, contributing to the overall move higher. Steelmakers and utilities, however, declined.

In South Korea, the Kospi added 0.43 percent as the manufacturing sector notched gains in morning trade, with cosmetics also edging higher. Index heavyweight Samsung Electronics was up 0.44 percent in the morning.


Reference: Reuters, CNBC

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