Asian stocks were steady Wednesday as traders evaluated the biggest jump in the Nasdaq 100 since November and whether a rout in China will stabilize. The dollar pared some of its overnight losses and Treasury yields held declines.
The Nasdaq 100 advanced 4% on a revival of higher-valuation stocks such as Tesla Inc., which jumped 20%. The move snapped a rotation into value shares based on optimism about an economic reopening aided by fresh stimulus and vaccines. S&P 500 contracts and futures on the tech-heavy gauge dipped.
In Asia, Chinese shares rallied from a slump on Tuesday that evaded state efforts to slow the pace of losses. Hong Kong’s benchmark rose and Japan fluctuated. Treasury yields steadied below their recent peaks as the first in a string of U.S. auctions went off without disrupting markets. Bitcoin dipped below $54,000 after reaching a two-week high.
US After Hours MNOV +94% climbs on development partnership with BARDA; OM +13%, NARI +12% rise on earnings; JNCE -6% moves lower on stock offering
Nikkei +0.04% Hang Seng -0.02% CSI +1.03% Shanghai +0.36% Shenzen +0.66%
Eur$ 1.1870 CNH 6.5239 CNY 6.5149 JPY 108.89 CHF 0.9306 RUB 74.0795 TRY 7.6366 WTI$ 63.52 -0.78% GOLD 1,710 -0.31% BTC 53,660 -180
S&P -0.37% Nasdaq -0.47% EuroStoxx -0.45% FTSE -0.82% Dax -0.40% SMI -0.51%
Macro :
- CHINA REACT: Inflation Firms - CPI to Rise, PPI Accelerate
- Biden Flashes Warning to Big Tech as Antitrust Team Takes Shape
- Biden Flashes Warning to Big Tech as Antitrust Team Takes Shape
- EU and U.K. Trade Blows Over Vaccine Exports Block Claim
- EU Kicks Off Race to Produce Advanced Semiconductors by 2030
Keep an eye on :
Keep an eye on :
- ADS GY : Adidas Sees 2021 Gross Margin About 52%, Est. 51.5%
- AEGN US : Aegion 4Q Adjusted EPS Beats Estimates
- AENA SM : Aena Board Approves Airport 2022-2026 Airport Regulation Plan
- AGFB BB : Agfa-Gevaert FY Adjusted Ebit Beats Estimates
- AKSO NO : Aker Solutions to Cut Environmental Footprint From Own Ops
- ALO FP : Alstom Holder Bouygues Offers 12m Shares: Terms
- AT IM : Lazard Asset Mgt to Oppose Gavio-Ardian Offer for ASTM: MF
- ALO FP : Alstom Share Offering by Bouygues Order Book Is Covered: Terms
- ANTO LN : Copper Miners Reject Wage Offer at Antofagasta’s Top Chile Mine
- AAPL US : Apple Plans to Reduce Output of iPhone12 Mini, Nikkei Reports
- ATL IM : CDP Ready to Slightly Raise Offer for Autostrade: Messaggero
- BAVA DC : Bavarian Nordic Offering of 5.15m Shares Prices at DKK223/Share
- BEL NO : Belships Offering of 20m Shares Prices at NOK7/Share
- BESI NA : Euronext Adds BE Semiconductor Industries, Signify to AEX
- BNTX US : *BIONTECH SEES POTENTIAL TO SUPPLY 3 BILLION COVID SHOTS IN 2022
- BPOST BB : Bpost 2021 Adjusted Ebit Forecast Misses Estimates
- BNR GY : Brenntag SE 2021 Oper Ebitda Forecast Beats Estimates
- IAG LN : U.K. Unveils Plans to Cut Air Passenger Duty on Domestic Flights
- CLASB SS : Clas Ohlson 3Q Operating Profit SEK358M Vs. SEK378M Y/y
- CSGN SW : Credit Suisse Appoints Receivers for $140m Greensill Loan: Rtrs
- CSGN SW : Credit Suisse Appoints Receivers for $140m Greensill Loan: Rtrs
- DAI GY : U.S. Judge Approves Daimler’s $1.5B Diesel Settlement: Rtrs
- DAI GY : Mercedes-Benz Sued for Alleged Takata Airbag Rupture Injuries
- DIS US : Disney+ Tops 100 Million Subscribers; Sonos Forecast: TMT Wrap
- EDF FP : EDF CEO Says Talks With EU Not Progressing Much: L’Express
- EDF FP : French Nuclear Watchdog Says Vigilant on EDF Financial Capacity
- EQT SS : EQT Expects Infrastructure V to Reach EU15b Hard Cap in 2021
- ERA FP : Vote on Eramet CEO Postponed Till March End: Echos
- GEBN SW : Geberit FY Net Income Meets Estimates
- HSBA LN : HSBC Falls After Moody’s Puts Ratings on Review for Downgrade
- ITX SM : Inditex FY Ebit Misses Estimates
- TKWY NA : Just Eat Takeaway FY Adjusted Ebitda Beats Estimates
- SDF GY : K+S Cleared by Auditor Deloitte Amid Ongoing Regulatory Probe
- KCO GY : Kloeckner FY Adjusted Ebitda EU111M Vs. EU124M Y/y
- LEG GY : LEG Immobilien FY Oper Ebitda Beats Estimates
- LDO IM : Leonardo 2021 Ebita Forecast Beats Estimates
- MC FP : L Catterton Makes $600 Million Return on Norwegian Cruise Bonds
- MED SW : Medartis Sees 2021 Revenue At Least +15%
- MONC IM : Moncler Stock Sale Expected to Price at EU48.80 Per Share: Terms
- NANOFH FH : Nanoform Finland Offering of 5.63m Shares Prices at EU7.1/Share
- ONCO SS : Oncopeptides Offers Shares
- RIO LN : Rio Tinto Invests Further C$92m in Isle-Maligne Power Plant
- ROTH FP : Rothschild & Co FY Adjusted Net EU173M Vs. EU233M Y/y
- SFER IM : Salvatore Ferragamo FY Ebitda Beats Estimates
- SDIPB SS : Sdiptech Offering of 1.5m Shares Prices at SEK315/Share
- SKFB SS : SKF Has Lost Swedish Arbitration Dispute With Rocco Oil: DI
- SECUB SS : Securitas CEO Targets More Deals to Build Electronic Muscle
- SNBM SW : *SNB’S ZURBRUEGG: NEG. RATES, INTERVENTIONS STILL NEEDED
- SLA LN : Standard Life Strikes GBP 102M Deal for Parmenion:Financial News
- STLA US : Stellantis Sees No Immediate U.S. Come-Back for Peugeot: Echos
- SEV FP : French Govt Mediator Struggles to Ease Veolia-Suez Merger: Obs
- TAALA FH : Aktia Bank Buys Taaleri’s Wealth Management Business for EU120m
- TEL NO : Telenor Hits 3-Month High; Citi Positive on Growth Prospects
- FP FP : Apache, Total Provide Update on Keskesi East-1 Discovery Well
- VOW3 GY : VW’s Scania Uncovers Suspected Bribery for India Bus Contracts