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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