MTS Futures News_AM_20190116

MTS News

MTS Futures News_AM_20190116

16 Jan 2019


·         Stocks rose on Tuesday as Netflix led a rally in tech-related names after news that it would hike its monthly membership prices.


The Dow Jones Industrial Average rose 155.75 points to 24,065.59 as Microsoft and UnitedHealth outperformed. The S&P 500 gained 1.07 percent to close at 2,610.30 as the tech sector climbed 1.5 percent. Tuesday was also the first time since December that the S&P 500 closed above 2,600, a key level watched by traders. The Nasdaq Composite outperformed, rising 1.7 percent to 7,023.83.

Stocks pared some of their gains after U.K. lawmakers voted against the Brexit plans of U.K. Prime Minister Theresa May, worrying investors that global economic growth could take a hit as a result.



·         European stocks registered some late buying on Tuesday, as market participants braced for a showdown in Westminster over the U.K. government's Brexit plan.

The pan-European Stoxx 600 finished up around 0.3 percent at the closing bell, with most sectors and all major bourses in positive territory.

·         Asia Pacific markets were set to trade cautiously on Wednesday despite an overnight rally on Wall Street.

Nikkei futures pointed to a relatively flat open in the Japanese market.

Reference: CNBC



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