MTS Futures News_AM_20180817

MTS News

MTS Futures News_AM_20180817

17 Aug 2018

• The Dow Jones Industrial Average .DJI rose 396.32 points, or 1.58 percent, to 25,558.73, the S&P 500 .SPX gained 22.32 points, or 0.79percent, to 2,840.69 and the Nasdaq Composite .IXIC added 32.41 points, or 0.42 percent, to 7,806.52.

U.S. stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence.

• Asia markets traded in positive territory on Friday following a strong lead in from Wall Street.

The Nikkei 225 started the day trading up by 0.37 percent. Most major sectors in Japan rose during early hours trade, with the precision machinery sector leading the way with a 1.27 percent move up.

In South Korea, the Kospi rose by 0.29 percent, with the tech industry in positive territory. Samsung Electronics and SK Hynix, which both declined in yesterday's trade, appeared to have pared some losses by edging up 0.11 percent and 0.40 percent respectively at 8:51 a.m. HK/SIN.

Down Under, the ASX 200 remained largely flat to edge around 0.08 percent higher during Friday early morning trade as its major miners all declined. Fortescue Metals was about 1.64 percent down.

 

Reference: Reuters, CNBC

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