.. banks.. Nikkei opening6 Feb 2017 03:38
.."Led by a strong performance in financials, the Dow Jones industrial average was up 0.94 percent last Friday, its best trading day for 2017, at 20.071.46, as the S&P 500 rose 0.73 percent to close at 2,297. The Nasdaq composite added 0.54 percent at 5,666.8.
The U.S. financials play was "driven by President Trump's order to investigate potential easing of bank regulation and changes to the Dodd-Frank," said Ric Spooner, chief market analyst at CMC Markets, referring to the financial reform legislation passed by the Obama administration in 2010 as a response to the 2008 Great Financial Crisis.
The January nonfarm payrolls report showed a smaller-than-expected rise in wages despite the impressive jobs gain, suggesting that the slack in the labor market might keep U.S. inflation in check.
The energy markets are likely to be focused on the rising tensions between Iran and the U.S., after Washington rolled out new sanctions on Iran for their ballistic missile tests. The latest move will not undo Iran's historic nuclear deal, although there are risks that the accord could unravel..."
2 sectors - banking. and oil..