MTS News
MTS Futures News_AM_20180911
• The Dow Jones Industrial Average .DJI fell 59.47 points, or 0.23 percent, to 25,857.07, the S&P 500 .SPX gained 5.45 points, or 0.19 percent, to 2,877.13 and the Nasdaq Composite .IXIC added 21.62 points, or 0.27 percent, to 7,924.16.
U.S. stocks mostly edged higher on Monday, with the S&P 500 and Nasdaq rebounding to snap a four-day losing streak, although a drop in Apple kept gains in check.
The Dow fell, with Travelers (TRV.N) down 1.9 percent. Hurricane Florence is expected to be an extremely dangerous major hurricane through Thursday, the National Hurricane Center warned of the Category 4 storm bearing down on the U.S. east coast.
• Investors await the release of consumer price index data this week.
• Republicans in the U.S. House of Representatives plan to unveil tax cuts this week, intended to augment Trump’s 2017 tax overhaul that added $1.5 trillion to the federal deficit through permanent tax cuts for U.S. companies.
• Asia markets were in positive territory on Tuesday morning after the S&P 500 and Nasdaq Composite broke a four-day losing streak overnight. The White House also announced that it was in the process of coordinating a second meeting between U.S. President Donald Trump and North Korean leader Kim Jong Un.
• The Nikkei 225 was up by 0.57 percent in early trade while South Korea's Kospi saw gains of 0.2 percent.
Reference: Reuters, CNBC