Dow -0.17% S&P -0.10% Nasdaq +0.29% Russell +0.02%
Nasdaq (+0.3%) opened Tuesday's session in positive territory and never looked back, settling at a new record high. Blue Chip stocks closed lower becasue of financials. Following a small relief rally yesterday, crude oil returned to its bearish ways, dropping 1.2% to $45.88/bbl. The slip left the energy sector (-0.9%) with the utilities space (-0.9%) at the bottom of the leaderboard. Financials' late-afternoon tumble coincided with the broader market slipping to a fresh low in response to a Sky News interview with North Korea's ambassador to the UK Choe Il. The North Korean ambassador said his country will proceed with its 6th nuclear test when it is deemed appropriate by Supreme Leader Kim Jong-un. US After Hours NVDA +11%, COHR +9%, EA +8%, TRIP +6.5%, MCHP +5%, NUAN +2% higher following earnings/guidance... YELP -28%, FOSL -22%, ACIA -15%, DIS / PCLN -3% lower following earnings/guidance, optical names lower. Asian stocks resumed a rally as Hong Kong shares jumped to a 21-month high. U.S. stock-index futures slipped as Donald Trump fired FBI Director James Comey, while the yen rose on concern over North Korea’s nuclear program. Chinese companies listed across the border climbed amid signs of stability in the Shanghai market.
Nikkei +0.29% Hang Seng +1.08% CSI +0.38% Shanghai +0.10%
Eur$ 1.0888 WTI $46.18
S&P -0.15%
Macro :
- Fed’s Rosengren: Balance-Sheet Normalization Won’t Be Disruptive
- Fed’s Rosengren Sees Risk of Shock From Commercial Real Estate
- China April Consumer Prices +1.2% Y/y; Est. +1.1%
Keep an eye on :
- ABI BB : AB InBev Zone President Asia Pacific North Buys $5.96m of ADRs
- AH NA : Ahold Delhaize 1Q Free Cash Flow EU197m, Ahold Delhaize 1Q Profit Beats Est., Sees U.S. Inflation in 2H
- AIR FP : Airbus Helicopters Sees Market Stabilizing After Slump: Echos
- AF FP : Air France-KLM April Passengers Rise 8.5% to 8.4m
- CS FP : Axa 1Q Revenue EU31.6b vs Restated EU31.7b, Axa Says It Intends to IPO Its U.S. Operations
- CRG IM : Banca Carige 1Q Common Equity Tier 1 Ratio 10.9%
- BLT LN : BHP Says Copper Mine Sale Plan Shows Actively Managing Portfolio
- BMW GY : BMW Plans to Boost Output Capacity to 3 Mln Cars in 5 Years: HB
- AFX GY : Carl Zeiss Meditec Sees FY Ebit Margin 13% To 15%
- CLLN LN : Bid Rumor in the city after promising start of the year - Telegraph
- CBK GY : Commerzbank Plans Most Job Cuts in Corporate Banking Unit: HB
- DAI GY : Daimler Drops Bid to Sell 2017 Mercedes U.S. Diesels: Reuters
- BN FP : Yili Said to Make ~$850m Bid for Danone-Owned Stonyfield: NYP
- DGE LN : Diageo Expects FY Net Sales Growth in Line With 1H’s 4.4%
- EDF FP : EDF 1Q Revenue EU21.1b, EDF Seeks to Discuss New Nuclear Rules With President-Elect
- FGR FP : Eiffage 1Q Revenue EU3.22b
- GLEN LN : Glencore Said to Hire StanChart for Australian Coal Mine Sale
- HEI GY : Heidelbergcement 1Q Profit Misses, Confirms 2017 Outlook
- HIK LN : Hikma’s Generic Advair Likely Delayed, Express Scripts Says
- HMB SS : Norway Oil Fund Sold Close to SEK4b H&M Shares in 1Q: DI
- HOT GY : Hochtief Confirms Outlook; Gets S&P Investment Grade BBB Rating
- ING NA : ING 1Q Underlying Pretax Profit Beats Highest Est.
- LR FP : Legrand 1Q Sales EU1.32b; Confirms 2017 targets
- LIN GY : Linde Chairman Sees Praxair Finalized in Weeks, Not Months: Rtrs
- MS IM : Mediaset Sees Positive FY Op. Profit, Consolidated Net Results
- KN FP : Natixis 1Q Net EU280M; Est. EU254M, Natixis 1Q ‘Good As Always’ as Investment Banking Drives Beat
- NOEJ GY : Norma 1Q Sales Beat Highest Est.
- OVS GY : OVS Shares Likely to Price at EU6.11 Each in Placement: Terms
- ROG VX : Roche’s Genentech: Tecentriq Cancer Drug Fails Phase III Test
- P1Z GY : Patrizia Immobilien Sees FY Operating Income EU60m To EU75m
- SFL IM : Safilo Group 1Q Gross Profit EU116.8m vs EU184.2m Year Ago
- SALM NO : Salmar 1Q Operating Revenue Beats Est.
- SBMO NO : SBM Offshore 1Q Revenue $435m
- SEV FP : Suez 1Q Ebit Up LFL 2.6% to EU281m; Reaffirms 2017 Targets, Suez to Work With L’Oreal on Environmental Performance
- SIX2 GY : Sixt Leasing 1Q Revenue EU187.7m
- 9984 JP : SoftBank Said to Eye Up to $95B Fund Close as Soon as Next Week
- SYNN VX : ChemChina Min. Acceptance Condition for Syngenta Stock Satisfied
- TGS NO : TGS Reports 1Q Unexpected Profit
- VOLVB SS : Volvo Hasn’t Yet Decided If VCE Belongs in Group Long Term: DI
- WIE GY : Wienerberger 1Q Revenue EU659.6m