Nasdaq, Inc.: Overbought Thai Bourse Nonetheless Called Higher On Wednesday

From Nasdaq:



– The Stock Exchange of Thailand has finished higher in nine straight sessions, adding almost 55 points along the way.
– The global forecast for the Asian markets suggests mild upside on strength from technology shares and optimism over the outlook for interest rates.
– The SET finished modestly higher on Tuesday following gains from the financial shares and resource stocks, adding 4.62 points or 0.33 percent to finish at 1,413.45.

– The Dow climbed 159.36 points or 0.43 percent to finish at 37,545.33, the NASDAQ added 81.60 points or 0.54 percent to close at 15,074.57, and the S&P 500 rose 20.12 points or 0.42 percent to end at 4,774.75.
– Shares of Intel (INTC) provided a boost to the markets following news the Israeli government will give the company a $3.2 billion grant toward the construction of a new $25 billion chip-making facility in southern Israel.
– Oil prices surged higher Tuesday amid escalating tensions in the Middle East and concerns over trade disruptions following attacks on ships.



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