A photo illustration shows the Uber app logo displayed on a mobile telephone, as it is held up for a posed photograph in central London, Britain October 28, 2016. REUTERS/Toby Melville/Illustration
MarketWrap: US stocks fell on Thursday, continuing to pull back from the post-election rally, on investor caution ahead of Donald Trump's inauguration as president on Friday. The Dow fell for a fifth straight day, its longest losing streak since just before the Nov 8 US election. - Reuters
The DJIA closed down 72.32 points, or 0.37%, to 19,732.4, the S&P 500 lost 8.2 points, or 0.4%, to 2,263.69 and the Nasdaq dropped 15.57 points, or 0.28%, to 5,540.08.
Forex summary
*The ringgit gained 0.03% to 4.4478 per US$
*It was 0.16% lower at 4.7516 per euro
*Down 0.27% to 5.4976 per pound sterling
*Down 0.13% to 3.1239 per Singapore dollar
*0.36% lower to 3.3727 per Aussie
*0.19% lower at 3.8808 per 100 yen
Bank Negara holds rates on expectation of higher inflation: Bank Negara kept the benchmark over- night policy rate at 3% on expectation that inflation will average higher this year due to stronger oil prices. Inflation was up 1.8% in December. - StarBiz
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