Dow +0.23% S&P +0.35% Nasdaq +0.51% Russell -0.12% XBTA 17,720 -4.45%
US Market closed higher wih technology and energy shares pacing the advance. The Fed is expected to raise the fed funds target range by 25 basis points on Wednesday, while the European Central Bank and the Bank of Japan, both of which meet on Thursday, are expected to leave their key policy rates unchanged. Tax reform remained on investors' minds, even though there weren't any new developments of note. Republicans hope to send a finalized bill to the White House before December 22. AAPL +2% MSFT +1.3%. WTI +1.1% to $57.98 per barrel pushed energy higher. Telecom higher thanks to CTL +8.2%. financials and industrials sectors finished at the bottom of the sector standings, losing 0.2% apiece. Within the financial group, lenders suffered at the hand of another curve-flattening trade in the U.S. Treasury market, which cut the 2yr-10yr spread by two basis points. XBT closed A $18,600. US After Hours IRET / KMG +6%, PPHM -19%, CASY -4% following earnings/guidance, BA +1.2% on dividend/buyback news. Asian Market, trading lower ahead of FED & ECB Meetiong this week, waiting fdor more detauils about 2018 policy outlook. Energy continue moved in the US outperforming. Brent Crude trades above $65/bbl (for the first time since June 2015) amid shutdown related to the North Sea Forties pipeline system. Hynix Semi -1.3%.
Nikkei -0.32% Hang Seng -0.38% CSI -1.09% Shanghai -1.06% Shenzen -0.84% XBTA
Eur$ 1.1778 CNH 6.6235 CNY 6.6211 JPY 113.46 GBP 1.3345 CHF 0.9918 RUB 58.8975 WTI$ 58.39 +0.72%
S&P +0.02% EuroStox +0.22% Dax +0.25% SMI +0.21%
Macro :
- BlackRock ‘Absolutely Prefers’ Equity Risk Over Credit Risk
- A Manager of $42 Billion Fears Bubble in World’s Biggest Stocks
- Munger Donated 18 Class A Berkshire Shares to Harvard-Westlake
- Brexit Mandate Unlikely Until Feb., Merkel Tells Caucus Members
Keep an eye on :
- AF FP : Air France-KLM Group Nov. Passengers Rise 5.9% on Year
- ATC NA : Altice Intends to Cut Share Capital by Cancelling Treasury Shrs
- AMS SM : Amadeus Prepares Improved Shareholder Remuneration: Expansion
- MT NA : ArcelorMittal Must Improve in Face of Thyssen-Tata, CFO Tells HB
- ATO FP : Atos Proposes to Buy Gemalto in All-Cash Offer of EU46/Shr
- BKIA SM : Spain Puts 7% Bankia Stake on Sale W/ Accelerated Book Building
- DBK GY : Deutsche Bank Rejects Negative Rates in Public Sector: BZ
- DIS US : ‘Star Wars: Last Jedi’ Could Approach $200m in Domestic Opening
- GTO NA : Gemalto Says Board in Process of Reviewing Proposal by Atos
- GTO NA : AQR Capital Increases Short Positions in Altice, Gemalto: AFM
- HEIA NA : Abac Is In Lead to Buy Heineken Spain Pub Unit: El Economista
- LONN SW : Lonza to Pay CHF47.5m for Swiss Mercury Pollution Case: Le Temps
- SAN FP : Sanofi’s Admelog Gets Final FDA Approval
- UCG IM : UniCredit Agrees to Cut Stake in Fino Portfolio to Below 20%
- UCG IM : UniCredit Says ECB Set Minimum CET1 Requirement at 9.20%
- UL NA : Unibail-Rodamco to Buy Westfield for A$10.01/Share
- VK FP : Vallourec Gets $63m Cash Offer for Vallourec Drilling Products
- VOLVB SS : Volvo Tests Drivers Behind Wheel of SUV With Autonomous Features
- VPK NA : Royal Vopak Malaysia Joint Venture Signs $1.25b in Financing
- ZURN VX : Zurich to Buy ANZ Life Insurance Biz in Australia for AUD2.85b