Asian stocks and U.S. equity futures slid Tuesday after a technology-led Wall Street tumble as surging commodity prices stoked concern about inflation. Other assets including the dollar and Treasuries were steady.
MSCI Inc.’s Asia-Pacific share index fell the most since March, with technology underperforming amid a sea of red from Japan to Hong Kong. Nasdaq 100 contracts retreated about 1% after the index tumbled on concern that higher inflation could push up interest rates, weighing on equity valuations. S&P 500 futures dropped after the gauge fell from an all-time high.
Oil dipped as traders monitored the worsening fallout from the closure of the largest U.S. oil-products pipeline. The spotlight remains on the broad commodity rally, which threatens to stoke price pressures. Data showed China’s factory-gate prices surged more than expected in April.
A measure of inflation expectations earlier reached the highest level since 2006. The 10-year Treasury yield eased back slightly after rising to 1.60%.
US After Hours DDD +14.5%, NLS +11%, BRKS +10.1% surging higher on earnings; RXT -14.7%, NVAX -11.3%, SPCE -9.8%, SAIL -7.5% fall on earnings; RCKT -13.1% falls on clinical hold
Nikkei -3.16% Hang Seng -1.78% CSI +0.46% Shanghai +0.30% Shenzen +0.35%
Eur$ 1.2144 CNH 6.4246 CNY 6.4287 JPY 108.86 GBP 1.4126 CHF 0.9006 RUB 74.1615 TRY 8.3020 WIT$ 64.45 -0.72% Gold 1,837.25 +0.07% BTC 55,000 -2700
S&P -0.44% Nasdaq -0.70% EuroStoxx -1.25% FTSE -1.18% Dax -1.21% SMI -0.58%
Macro :
Macro :
- Millennium Set to Open Two More Offices in Tax-Friendly Florida
Spacs :
- Vice Is Said to Target $3 Billion Valuation in SPAC Merger
- ‘Boring’ SPACs Gain Favor as Competition Ramps Up
Keep an eye on :
Keep an eye on :
- DRI GY : 1&1 Drillisch 1Q Revenue EU973.7M
- AALB NA : Aalberts Posted Organic Revenue Growth in First 4 Months of 15%
- ARL GY : Aareal Bank 1Q Operating Profit Misses Estimates
- AGFB BB : Agfa-Gevaert 1Q Adjusted Ebit Loss EU1M Vs. Profit EU7M Y/y
- BAKKA NO : Bakkafrost 1Q Operating Ebit Beats Estimates
- BC8 GY : Bechtle 1Q Pretax Profit Beats Estimates
- GBF GY : Bilfinger 1Q Adj. Ebita EU11M Vs. Loss EU11M Y/y
- CEC GY : Ceconomy 2Q Adjusted Ebit Loss EU146M Vs. Loss EU131.0M Y/y
- BNR GY : Brenntag 1Q Oper Ebitda Beats Estimates
- ROO LN : Deliveroo 37% Drop Shows Tension Between London’s IPO, ESG Push
- DBK GY : Deutsche Bank’s 1MDB Probe Dropped by U.S. Justice Department
- DFDS DC : DFDS 1Q Revenue Beats Estimates; Outlook Kept
- DUK US : Elliott Management Has Stake in Duke Energy
- DUK US : Elliott Management Has Stake in Duke Energy
- DUE GY : Duerr 1Q Adjusted Ebit Beats Estimates
- EOAN GY : EON Profit Beats Estimates as Energy Demand Rebounds In Europe
- EVO SS : Evolution Holder Osterbahr Ventures Offers 4.2m Shares: Terms
- EVT GY : Evotec SE 1Q Adjusted Ebitda EU21.1M Vs. EU30.0M Y/y
- FDR SM : Fluidra ABB Deal Size Raised to 9.6M Shares, BNP Paribas, BofA, Berenberg Conduct Sale of 8.1M Fluidra Shares, Fluidra ABB Places 9.6m Shares at EU31.30 per Share
- FDR SM : Fluidra ABB Deal Size Raised to 9.6M Shares, BNP Paribas, BofA, Berenberg Conduct Sale of 8.1M Fluidra Shares, Fluidra ABB Places 9.6m Shares at EU31.30 per Share
- FRA GY : Fraport 1Q Revenue Beats Estimates
- G1A GY : GEA Group 1Q Revenue Meets Estimates
- GFC FP : Louis Vuitton Renews Lease At Champs-Elysees Store: Gecina
- HTWS LN : Omantel to Sell Tower Infrastructure to Helios Towers for $575m
- H24 GY : Home24 1Q Adjusted Ebitda Margin 0.4% Vs. -3.40% Y/y
- JEN GY : Jenoptik Maintains FY Ebitda Margin 16% to 17%
- SDF GY : K+S Boosts FY Ebitda Forecast, Beats Estimates
- KBC BB : KBC Group 1Q Net Income Beats Estimates
- LEG GY : LEG Immobilien 1Q Adjusted Ebitda EU126.0M Vs. EU113.7M Y/y
- LHA GY : Lufthansa Working With Banks on $3.7 Billion Capital Increase
- NWG LN : *U.K. GOVT INTENDS TO SELL ABOUT 580M SHARES IN NATWEST GROUP
- NESN SW : Nestlé Health Science to Acquire Nuun
- NDX1 GY : Nordex 1Q Sales Beat Estimates
- NRS NO : Norway Royal Salmon 1Q Operating Ebit Misses Estimates
- NOVOB DC : Novo Nordisk Treatment Granted Orphan Drug Status by FDA
- OUT1V FH : Outokumpu Offering of 40.5m Shares Prices at EU5.15/Share
- REC NO : REC Silicon 1Q Ebitda $4.0M Vs. $1.9M Q/q
- RNO FP : Renault to Push Ahead With Plan to Sell French Foundry at Caudan
- SBANK NO : Sbanken 1Q Net Income Misses Estimates
- SHLF NO : Shelf Drilling 1Q Adjusted Ebitda $46.5M
- SPI AV : S Immo to Book EU85m Valuation Write-Up in 2Q Results
- SSABA SS : Industrivarden Sells Its SSAB Stake at SEK45.53 per Class A Shr
- SAX GY : Stroeer 1Q Adjusted Ebitda EU73.5M Vs. EU116.9M Y/y
- SWECB SS : Sweco 1Q Operating Profit Beats Estimates
- SLHN SW : Swiss Life 1Q Fee And Commission Income +CHF527M
- TKA GY : Thyssenkrupp Lifts Forecasts on China-Led Industrial Recovery
- THG LN : THG Raises $1 Billion for M&A, Adds SoftBank as Key Investor,*THG SHARES ARE OFFERED AT 596P EACH: TERMS
- UTDI GY : United Internet Maintains FY Ebitda About EU1.22B, Est. EU1.23B
- VLA FP : Valneva Announces Closing of $107.6M Global Offering
- ROSE SW : Zur Rose Raised to Buy at Citi