The Singapore stock market has alternated between positive and negative finishes through the last four trading days since the end of the two-day winning streak in which it had advanced more than 50 points or 1.7 percent. The Straight Times Index now rests just beneath the 3,060-point plateau although it's predicted to open under pressure again on Thursday.
The global forecast for the Asian markets is negative after the FOMC hiked interest rates and hinted at more next year. The European markets were up and the Asian bourses were down and the Asian markets are expected to follow the latter lead.
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