"As long as the economic data suggests improvement, the (tech) companies will see more funds from investors," said Quincy Krosby, chief market strategist at Prudential Annuities. While analysts warn that 2018 will be more volatile than last year, most expect US stocks to continue pushing higher amid strengthening global economic conditions and higher US earnings expected due to tax cuts. London and the main eurozone exchanges posted losses as the euro and pound rose against the dollar, weighing on the share prices of export-oriented multinationals. London and Paris slid 0.5 percent, while Frankfurt dipped 0.4 percent. Hong Kong jumped two percent to its highest level since late 2007, while Shanghai ended 1.2 percent higher, boosted by data showing manufacturing activity in China continued to expand in December.
Source: The Nation Bangkok January 02, 2018 22:07 UTC