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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