Asian stocks came off their lows Friday after a wave of selling in the wake of a Wall Street rout triggered by concerns about the speed of the epic rally.
Japanese shares were down about 1% after a 3% slide earlier, and declines eased in Australia and South Korea as well. Shanghai was only slightly in the red, while Hong Kong had a bigger drop. U.S. futures climbed over 1% after the S&P 500 sank almost 6% Thursday, the most in 12 weeks, with only one company in the index finishing higher. Treasury yields headed for the first gain this week, while the dollar held an overnight advance. Crude built on this week’s slide.
US After Hours ADBE +2.7% up on earnings, but LULU -7.2%, PVH -5.2% fall on earnings
Nikkei -1.05% Hang Seng -1.35% CSI -0.29% Shanghai -0.29% Shenzen -0.05%
Eur$ 1.1303 CNH 7.0777 CNY 7.0826 JPY 107.15 GBP 1.2581 CHF 0.9442 RUB 70.0693 WTI$ 35.64 -1.93%
S&P +1.37% Nasdaq +1.15% EuroStoxx -0.60% FTSE -0.59% Dax -0.50% SMI
Macro :
- Credit Concerns Are Front-and-Center in the U.S. Stock Selloff
- Bain Said to Make Rival Bid for Stake in Top Italy Soccer League
- Hedge Fund Positioning Data Shows How Market Ran Away From Them
- Third Point Hedge Fund Seeks to Raise More Than $500 Million
Keep an eye on :
- ADS GY : Lululemon Sinks After Sales Lose Steam Amid Covid-19 Pandemic
- AIR FP : Airbus Set to Drop Plans for Derivatives Trading Market: FT
- ALM SM : Almirall to Replace Mediaset Espana in Ibex 35
- ATC AN : France’s 5G Spectrum Auction to Start Between Sept. 20-30: Arcep
- ARYN SW : Aryzta Investor Veraison Laments Shareholder Meeting Delay
- ATL IM : Atlantia First Quarter Revenue EU2.21 Bln, Est. EU2.15 Bln
- BEST IM : Generali, BTG Pactual to End BSI Sale Arbitration
- BIFF LN : Biffa to Offer Up to 50m Shrs
- EN FP : France’s 5G Spectrum Auction to Start Between Sept. 20-30: Arcep
- IAG LN : British Airways Is Said to Weigh Voluntary Redundancy for Pilots
- DIA IM : DiaSorin: Simplexa Test to Detect CMV Infection Gets CE Marked
- EDF FP : France Says Some Nuclear Plants Must Be Halted This Summer
- ETL FP : Eutelsat Tells U.S. Not to Help Rivals Too Much on C-Band Costs
- EUCAR FP : Hertz Proposes $1 Billion Stock Sale to Capitalize on Odd Rally
- FCA IM : Fiat Chrysler Wins Trade Case Against Mahindra Over Jeep Copy
- HBMN SW : HBM Healthcare Says Novo’s Corvidia Deal Boosts NAV by 1.2%
- HTWS LN : Helios Towers Holders to Offer Shares
- ILD FP : France’s 5G Spectrum Auction to Start Between Sept. 20-30: Arcep
- IMPN SW : Ina Invest Final Offer Price CHF22.42 per new Share
- ITP FP : Moncler, Interparfums Sign License Agreement for Fragrances
- LHA GY : Belgian Lufthansa Deal Held Up Over Any Breaches Penalty: Echo
- LBIRD FP : Lumibird Raises EU36.3m in Capital Increase
- TL5 SM : Almirall to Replace Mediaset Espana in Ibex 35
- MONC IM : Moncler, Interparfums Sign License Agreement for Fragrances
- NESN SW : Nestle Dilutes Water Sales to Focus on High-Margin Brands: React
- NDA SS : Nordea Unveils New Stock Bonus Plan for Its Nine Top Executives
- OCI NA : OCI COO Ahmed El-Hoshy to Succeed Sawiris as CEO
- ORA FP : France’s 5G Spectrum Auction to Start Between Sept. 20-30: Arcep
- PARG SW : Pargesa Says Parjointco, Parties Control 94% of Voting Rights
- UG FP : PSA Bringing 500 Polish, Spanish Workers to French Factory
- PHARMASPG IPO : PharmaSGP IPO Order Book Is Covered on Base Deal Size: Terms
- PUM GY : Lululemon Sinks After Sales Lose Steam Amid Covid-19 Pandemic
- QLRO SS : Kinnevik Sells Most of Its Qliro Stake, May Exit Altogether
- RNO FP : Renault Rattled by Threat From Imports of Chinese Electric Cars
- RNO FP : Nissan to Cut 248 Manufacturing Jobs at Sunderland Plant in U.K.
- PROX BB : Proximus, Belfius Sign Pact for Digital Bank, Phone Offering
- CFR SW : Richemont HR Head Guieysse Steps Down From Senior Exec Committee
- RYA ID : *RYANAIR CEO SAYS MORE AIRLINE CONSOLIDATION COMING: EXPANSION
- SOBI SS : Sobi, Selecta Enter Licensing Pact for Gout Treatment
- SW FP : Sodexo to Drop Out of CAC 40 in Review; Teleperformance to Join
- SRAIL SW : Stadler Secures CHF172.9m Rhaetische Bahn Order for 20 Trains
- TKWY NA : Grubhub CEO Says Just Eat Takeaway Deal Had More Certainty: CNBC
- TEP FP : Sodexo to Drop Out of CAC 40 in Review; Teleperformance to Join
- UBI IM : Italy Mkt Regulator Likely to Approve UBI, Intesa Merger: Sole
- UBSG SW : UBS Hires Le From Point72 to Head Asia Financing Risk Team
- UNA NA : Unilever Long-Term Shareholders Back Fresh Unification Plan
- WAND LN : WANdisco to Offer 3.04m Shrs GBP6.50/Shr
- ZM US : Zoom confirms Chinese government asked it to ban activists commemorating Tiananmen Square
- FHZN SW : Zurich Airport May Passenger Traffic -98.4%