U.S. and European futures drifted lower with Asian stocks, and the dollar extended recent gains, amid concerns that a renewed pick-up in virus infections makes it tougher to justify current valuations.
Equities fell in Hong Kong and Sydney, with more modest declines in Tokyo, Seoul and Shanghai. S&P 500 futures slipped after the index closed flat Monday. South Korea reported a flare-up in virus cases, underscoring concerns about a second wave of infections. Investors are also wary of strained U.S.-China trade relations -- the Trump administration moved on Monday night to blockinvestments in Chinese stocks by a government retirement savings fund. Treasury yields dipped and the yen rose.
US After Hours IIVI +24.5%, GDOT +7.4% up big on earnings; NVAX +40% a big mover on COVID funding; EB -11.7%, DIOD -7.4%, JCOM -5.6% weak on earnings
Nikkei +0.04% Hang Seng -1.60% CSI -0.14% Shanghai -0.26% Shenzen -0.08%
Eur$ 1.0809 CNH 7.1063 CNY 7.0942 JPY 107.48 GBP 1.2318 CHF 0.9729 RUB 73.6432 WTI$ 24.41 +1.12%
S&P -0.75% Nasdaq -0.40% EuroSToxx -0.45% FTSE -0.30% Dax -0.44% SMI -0.23%
Macro :
- German New Coronavirus Cases Rise for First Time in Four Days
- Rehn Says German Court Trying to Interfere With ECB Independence
- Italy Could Let Regions Move to Next Reopen Phase Monday: Stampa
Keep an eye on :
- AGN NA : Aegon Has EU1b Outflows in 1Q, Sees 10% ROE Goal ‘Very Unlikely’
- ARL GY : Aareal Bank First Quarter Operating Profit EU11 Mln, -82% Y/y
- ABI BB ; AB InBev Agrees Deal With South Africa to Transport Excess Beer
- AEVS SW : Aevis Victoria to Redeem Bond; May Call on Financial Mkts in 2Q
- AGFB BB : Agfa-Gevaert 1Q Adjusted Ebit EU18 Mln, Est. EU14.0 Mln
- ALV GY : Allianz First Quarter Oper Profit EU2.30 Bln, Est. EU2.28 Bln
- AMS SM : Amadeus 1Q Ebitda EU349.4 Mln, -41% Y/y, Est. EU332.6 Mln
- MT NA : ArcelorMittal to Offer Shrs Said to Trade On May 12
- AR4 GY : Aurelius First Quarter Ebitda EU122.7 Mln
- CWC GY : Cewe Stiftung 1Q Profit After Tax EU1.7 Mln, +55% Y/y
- CGG FP : CGG First Quarter Segment Ebitdas $122.7 Mln, +2.8% Y/y
- CTEC LN : ConvaTec Holder to Offer 120m Shares via Goldman Sachs: Terms
- CCAP GY : Corestate First Quarter Adjusted Net EU14.3 Mln, -46% Y/y
- DHER GY :Delivery Hero Offering by Holders Prices 840k Shrs EU85.25/Shr
- DPW GY : Deutsche Post First Quarter Ebit EU592 Mln, -49% Y/y
- DGOC LN : Diversified Gas & Oil to Raise ~$87.0m for Proposed Purchases
- DUFN SW : Dufry Suffers 94% Sales Drop in April Amid ‘Tough Environment’
- ENGI FP : Engie 1Q Ebitda Falls 1.8% to EU3.06b
- EUCAR FP : Hertz Reports ‘Going Concern’ Doubts Amid Swifter Cash Burn (2)
- EOAN GY : EON Confirms FY Adj. Ebit Forecast; 1Q Adj. Ebit +24%
- FBK IM : Fineco May Start Operations in Germany, France After U.K.: CEO
- GNFT FP : Genfit Sinks as Medicine Falls Short in Fatty Liver Disease (1)
- HHFA GY : Hamburger Hafen 1Q Port Logistics Ebit EU32.5 Mln, -42% Y/y
- HEX NO : Hexagon Composites Signs Term Sheet for JV With Cimc Enric
- H24 GY : Home24 First Quarter Adjusted Ebitda Loss EU3.5 Mln, -77% Y/y
- IF IM : Banca Ifis: Exclusive Talks for Farbanca Stake Until May 29
- ILD FP : Iliad First Quarter Revenue EU1.38 Bln, +6.9% Y/y
- IDEX NO : IDEX Biometrics Offering Prices 65.3m Shares at NOK1.60/Share
- IDR SM : Indra First Quarter Net Income EU6.3 Mln, -65% Y/y
- IGY GY : Innogy First Quarter Adjusted Ebit Drops, Cuts FY Retail Target
- INW IM : Inwit First Quarter Revenue EU103.0 Mln, +8.5% Y/y
- LOGN SW : Logitech Maintains 2021 Adj. Oper Income $380 Mln to $400 Mln
- LUN DC : Lundbeck Keeps FY Forecast; 1Q Revenue, Ebit Beat Estimates
- NRS NO : Norway Royal Salmon 1Q Operating Ebit NOK75 Mln, -54% Y/y
- ONTEX BB : Ontex Plans to Start Production of Face Masks by September
- POLY LN : Polymetal Holder to Offer 7m Shares via Citi to Trade On May 12
- REC NO : REC Silicon First Quarter Revenue $24.7 Mln, -22% Q/q
- SAF FP : Safran to Sell EU800M of Convertible Bonds Due May 2027
- SAN FP : Sanofi: Sarclisa Meets Main Goal in Phase 3 Myeloma Trial
- SPI AV : S Immo AG Sees 1Q Net Loss; Rev, EBITDA to Increase About 5-8%
- LNSX GY : Sixt Leasing First Quarter Pretax Profit EU5.6 Mln, -20% Y/y
- SAX GY : Stroeer First Quarter Revenue EU368.2 Mln, Est. EU356.3 Mln
- SLHN SW : Swiss Life First Quarter Premium Revenue CHF7.82 Bln, -21% Y/y
- TMV GY : TeamViewer Sees Full Year Billings EU450 Mln
- TKA GY : Thyssenkrupp Rising Debt Gnaws at $19 Billion Elevator Lifeline