The Thai stock market ended a three-day losing streak, with the Stock Exchange of Thailand just below 1,270 points. Global markets are optimistic following the FOMC’s rate decision. The SET closed higher on Tuesday, with gains in the food, resource, service, and technology sectors. The Dow, NASDAQ, and S&P 500 all saw gains, with the Fed cutting interest rates by another quarter point. Crude oil prices rose after a decrease in U.S. crude inventories. The markets are hopeful for a more dovish regime under President Trump’s new Fed Chair.
Read more at Nasdaq: Thai Stock Market May Extend Tuesday’s Gains
