Dow -0.17% S&P -0.04% Nasdaq -0.28% Russell -0.94%
US MArket closed lower but bounce from lows to close on highs of the day. Geopolitical fears pushed investors to take profit from equities after records. Sector movement was pretty modest with eight of the eleven groups settling within 0.2% of their unchanged marks. Six sectors finished in the green with health care (+0.2%) leading the advance. On the flip side, four sectors closed in negative territory with the consumer discretionary (-0.5%) and utilities (-0.5%) spaces pacing the retreat. The industrial group finished flat. Walt Disney (DIS 102.83, -4.15) and Netflix (NFLX 175.78, -2.58) weighed on the consumer discretionary space, dropping 3.9% and 1.5%, respectively, after Disney announced that it will end its distribution agreement with Netflix in 2019 in favor of a new direct-to-consumer streaming strategy. In addition, Disney reported earnings, beating bottom-line estimates, but missing on revenues. Crude oil advanced 1.0% to $49.59/bbl after the Department of Energy reported a larger than expected draw in U.S. crude inventories (-6.5 million barrels actual vs -2.2 million barrels consensus). The commodity trended sideways near its flat line for some time before moving decidedly higher in the afternoon. Crude oil advanced 1.0% to $49.59/bbl after the Department of Energy reported a larger than expected draw in U.S. crude inventories (-6.5 million barrels actual vs -2.2 million barrels consensus). US after Hours CHEF +17%, ASYS +15%, LYV +5.5%, JACK +3% higher and BW -29.2%, CBI -18%, SYNC -17% lower following earnings/guidance... SKLN +21% on merger news. Asian equity markets opened slightly higher before falling nearly 1% across the board on continued tensions with North Korea. The US has affirmed that all options remain on the table when it comes to North Korea.
Nikkei -0.08% Hang Seng -1.10% CSI -0.61% Shanghai -0.74% Shenzen -0.78%
Eur$ 1.1734 CNH 6.6795 CNY 6.6679 JPY 109.99 GBP 1.2979 CHF 0.9659 RUB 60.0298 WTI 49.77 +0.42%
S&P -0.20% EuroStoxx -0.09% FTSE +0.02% Dax -0.02% SMI +0.25%
Macro :
- Emerging-Market Stocks Slump as Traders Seek Haven: Inside EM
- Fed’s Bullard: Undershooting Inflation Goal Hurts Credibility
Keep an eye on :
- ARL GY : Aareal Bank Sees FY Operating Profit EU310 Mln To EU350 Mln
- ADEN VX : Adecco 2Q Net, Sales Miss Est.
- AGN NA : Aegon Says Dutch Unit’s Solvency to Gain on Capital Injection, Aegon to Sell Business in Ireland at ~GBP115m Book Loss
- MT NA : ArcelorMittal May Bid for Stressed Indian Steel Assets, BS Says
- NDA GY : Aurubis 3Q Report Good, On Track for Expectations: DZ Bank
- BSLN SW : Basilea First Half Loss CHF20.6 Mln
- BAYN GY : Bayer’s Nexavar Approved by U.K.’s NICE for Routine Use
- SFR US : Colony Starwood FY Core FFO/Share View Midpoint Tops Estimates
- DRI GY : Drillisch Second Quarter Revenue Misses Estimates
- EVT GY : Evotec First Half Adjusted Ebitda EU26 Mln
- GLEN LN : *GLENCORE 1H ADJ. EBITDA $6.74B, EST. $6.80B
- HNR1V GY : Hannover Re Sees Full Year Net Above EU1 Bln
- HDD GY : Heidelberger Druck First Quarter Sales EU495 Mln
- HEN3 GY : Henkel 2Q Adj. Ebit Beats Estimates; Confirms Outlook
- HSBA LN : HSBC Bought Back 2.09m Shares at Avg 762.10 Pence Each Aug. 9
- LXS GY : Lanxess Second Quarter Adjusted Ebitda Beats Estimates
- LEG GY : LEG Immobilien Sees Full Year FFO I EU290 Mln To EU295 Mln
- NTES US : NetEase Is Actively Exploring Potential Overseas M&A: CEO
- OMV AV : OMV Second Quarter Loss EU1.03 Bln
- SFQ GY : SAF Holland Sees Full Year Sales EU1.06 Bln To EU1.09 Bln
- SZG GY : Salzgitter Confirms Forecasts; Sees Turkey, U.S. Sanction Risks
- SGL GY : SGL 2Q Profit, Sales Increase; Confirms Outlook
- AM3D GY : SLM Solutions First Half Adjusted Ebitda Loss EU4.5 Mln
- TEG GY : TAG Immobilien Second Quarter FFO EU30.9 Mln
- TSLA US : Tesla Developing Long-Haul Truck, Emails Show: Reuters, Musk Sees Boost in Supercharger, Tesla Urban Charger Network
- TKA GY : ThyssenKrupp 3Q Strong, More Negative FCF Guidance: Baader
- TTI GY : Tom Tailor First Half Revenue EU446.3 Mln
- TUI GY : TUI Group Reiterates FY Guidance; Positive 9-Month Ebita
- UTDI GY : United Internet Sees Full Year Revenue +5% To +6%
- ZAL GY : Zalando Second Quarter Adjusted Ebit Misses Estimates
- ZURN VX : Zurich Ins. Second Quarter Net Income Beats Highest Estimate
- VOW3 GY : Ex-Audi Head Engineer to Be Paid Compensation for Dismissal: SZ