Rosier outlook?

Rappler.com

Asian shares dropped Monday, but overnight, the Dow Jones Industrial Average rebounded from its biggest weekly slide of the year to rise 71.82 points to 12921.41. Standard Poor’s 500-stock index fell 0.69 points, or less than 0.1%, to 1369.57. The tech-heavy Nasdaq Composite shed 22.93 points, or 0.8%, to 2988.40.  In the Philippines Monday, the Philippine Stock Exchange breaches the 5,100 mark and the country’s largest dollar earners, Filipino overseas workers, increased the money they sent home by nearly 6%.  On Tuesday, stocks reach new all-time high.

 

Read more about the OFW remittances here and about the stocks new all-time high here.  

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