US shares edge lower as healthcare vote delayed; Europe up, oil dips


The Dow Jones industrial average rose 235.31 points, or 1.33 percent, to 17,929.99, the S&P 500 gained 28.09 points, or 1.36 percent, to 2,098.86 and the Nasdaq Composite added 63.43 points, or 1.33 percent, to 4,842.67 (Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2016. REUTERS/)

Meanwhile Southeast Asian stock markets rose in line with Asian peers on Thursday, reversing the previous session's losses on cues from Wall Street which ended mixed overnight with an upside bias.

"Since there is not much actionable news coming from Asia, I think the markets are just taking cues from U.S. equities which rebounded last night after a four-day losing streak," said Victor Felix, an equity analyst with AB Capital Securities.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

US , stocks , shares , Europe , MSCI , Nasdaq , S&P , Dow Jones , oil , dollar , pound , banks , healthcare , obamacare , Trump ,

   

Next In Business News

Oil will keep drawing strength from Middle East geopolitics, OPEC+ strategy for now
Cypark's LSS3 hybrid solar plant achieves initial operations
Asian shares extend gains ahead of tech earnings, yen fragile
Singapore March core inflation at 3.1% y/y, below forecast
Oil prices stabilise, Middle East tensions remain in focus
Japan issues strongest warning yet on readiness to intervene in currency market
Gaza warmongering and genocide
FBM KLCI extends rebound
Sow seeds of resilience
Parched of solutions

Others Also Read