Thursday, December 8, 2016

S&P 500, Dow Jones set records as telecom, tech stocks rally

Today’s Highlights
    Results Note – Astro (BUY, maintain)
    Economic Update – Malaysia – Foreign Reserves
    Economic Update – Malaysia- Trade

Outside Malaysia            
    S&P 500, Dow Jones set records as telecom, tech stocks rally
    US job openings remain elevated in October, near record level
    German industrial production rose less than forecast in October
    UK manufacturing unexpectedly drops most in eight months
    Australia’s economy shrinks most in eight years
    China foreign reserves drop most in 10 months as yuan slumps
    India unexpectedly keeps rates unchanged before Fed decision
    Oil falls as supply surges at US hub, OPEC’s position on curbs

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