U.S. and European stock-index futures rose Wednesday, while Asian equity markets were mixed as investors assessed valuations with global shares at a record high. Emerging-market currencies weakened.
Stocks in Japan and South Korea posted modest gains, while China, Hong Kong and India edged lower. S&P 500 futures rose after a climb in Apple Inc. again pulled the benchmark to an all-time high. Euro Stoxx 50 contracts also advanced.
The dollar was steady, having erased overnight losses as data showed U.S. manufacturing expanded last month at the fastest pace since 2018. The euro edged further down from $1.20, a level it breached for the first time in over two years Tuesday. Treasury yields ticked up. The Aussie dropped after a worse-than-expected reading on second-quarter growth.
US After Hours HOME -14.9%, SCVL -12.5% are weak on earnings; AMC +9.6% jumps as more theaters open;
Nikkei +0.45% Hang Seng -0.15% CSI +0.20% Shanghai -0.10% Shenzen +0.54%
Eur$ 1.1906 CNH 6.8297 CNY 6.8289 JPY 106.03 GBP 1.3377 CHF 0.9113 RUB 73.6415 WTI$ 43.17 +0.96%
S&P +0.43% Nasdaq +0.69% EuroStoxx +0.76% Dax +0.92% SMI +0.61%
Macro :
- Draghi Says Stimulus Must Create New Jobs, Not Save Old Ones
- Fed’s Brainard Says Economy Still Needs Fiscal, Monetary Support
- Pentagon Says China Nears Milestone in Nuclear Arms Buildup
- Copper Rises to Two-Year High on China Data, Dollar Weakness
- Euro Stoxx 50 Drops SocGen, Orange, Telefonica, Adds Adyen (2)
Keep an eye on :
- ADP FP : ADP Plans as Many as 1,400 Voluntary Job Cuts, Unsa Union Says
- AIR FP : Airbus Jet Use Shows Fragile Recovery Propped Up by China
- ATL IM : Italy, Benettons Consider Two-Step Plan for Autostrade Sale
- BIG FP : Bigben Lifts FY 2020-21 Targets, Sees Sales of EU270M to EU290M
- BIM FP : BioMerieux First Half Adjusted Operating Income EU253 Mln
- EN FP : Bouygues Unit Colas Wins Bangkok Airport Extension Contract
- CINE LN : Watch Cineworld After AMC Says 70% of U.S. Theaters to Be Open
- CBK GY : Commerzbank Considering Dropping EY as Auditor: Sueddeutsche
- CSGN SW : Credit Suisse Spying Probe Escalated by Swiss Regulator Finma
- DANSKE DC : Danske to Be Probed by Danish FSA After Debt System Errors
- ALDEL FP : Delfingen Buys Schlemmer’s Activities in Europe and Africa
- FERG LN : Ferguson Raised to Buy at HSBC; PT 8,450 pence
- MS IM : Dutch Court Prohibits Mediaset’s Spanish-Italian Merger
- NEOEN FP : Tesla’s Outback Big Battery Fails to Retake Crown After Upgrade
- HNSA SS : Hansa Biopharma Sees Delay in U.S. Patient Enrollment for Study
- RI FP : Pernod Earnings Decline Less Than Expected on At-Home Shift
- PSH NA : Pershing Square Holdings Aug. Net Performance +8%
- ROG SW : Roche to Unveil Rapid Covid-19 Test in Nations Accepting CE Mark
- TSLA US : Tesla’s Possible Addition to S&P 500 May Come Soon, Analyst Says
- UNA NA : Unilever Will Spend $1 Billion to Rid Cleaning Products of Oil
- VK FP : Vallourec to Seek Banks’ Consent for Fin. Restructuring Talks
- VOW3 GY : Portugal Jan.-Aug. Light Vehicle Sales Fall 41.3%, Acap Says