The global stock rally showed signs of stalling on Thursday as investors assess a deteriorating coronavirus situation in many large economies around the world and indicators of overheated equity markets. Treasuries rose.
Shares were mixed in Asia after a surge of about $6 trillion in the value of global equities so far in November. Chinese technology shares rallied following the $290 billion wipe out over plans for tougher regulations. U.S. and European equity futures slipped.
The S&P 500 earlier rose to the highest since Sept. 2, while the Nasdaq 100 jumped more than 2% as tech heavyweights surged alongside some stay-at-home shares that had lagged this week. The dollar was little changed.
US After Hours VRM -10.4%, RVLV -11.6%, SPTN -5.7% down on earnings; FOSL +28%, IGT +9.2% up on earnings
Nikkei -0.24%% Hang Seng -0.45% CSI -0.10% Shanghai -0.24% Shenzen +0.18%
Eur$ 1.1765 CNH 6.6288 CNY 6.6294 JPY 105.17 GBP 1.3193 CHF 0.9167 RUB 77.4405 TRY 7.8706 WTI$41.42 -0.07%
S&P -0.60% Nasdaq -0.30% EuroStoxx -0.75% FTSE -0.94% Dax -0.63% SMI
Macro :
- OPEC+ Focuses on Delay to Oil-Output Hike of Three to Six Months
- Covid Hot Spots Show Signs Europe’s New Wave May Be Cresting
Keep an eye on :
- ARL GY : Aareal Bank 3Q Net Interest Income Matches Estimates
- ACKB BB : Ackermans & van Haaren Buys 20% Stake in OMP; No Terms
- AIR FP : Boeing Sees China Carriers Buying 8,600 New Planes Over 20 Years
- AKERBP NO : Aker BP Makes Minor Gas, Oil Discovery in Norwegian Sea
- AMGO LN : Amigo Names Mike Corcoran as CFO
- AR4 GY : Aurelius 9M Ebitda EU301.5M Vs. EU187.4M Y/y
- BALN SW : Baloise 9M Business Volume CHF6.94B
- BYW6 GY : BayWa 9M Revenue EU12.20B Vs. EU12.5B Y/y
- GBF GY : Bilfinger 3Q Adjusted Ebita EU23M Vs. EU34M Y/y
- BCART BB : Biocartis 3Q Cartridge Volumes +61%
- CA FP : Carrefour Brasil Pays BRL377m to Makro In Deal With Stores
- CWC GY : Cewe Stiftung 3Q Sales Miss Estimates
- DAI GY : Mercedes-Benz Berlin Plant Head Leaves to Join Tesla: Reuters
- DPW GY : DHL Express to Invest EU750m in Asia Pacific to Expand
- DTE GY : Deutsche Telekom Raises Outlook on Growth Following Sprint Deal
- ENDUR NO : Endur Offering Prices 104m Shares at NOK1.20/Share
- ENENTO FH : Enento Group Holder Handelsbanken to Offer Up to 2.16m Shrs
- EVT GY : Evotec SE 9M Adjusted Ebitda EU76.9M Vs. EU93.2M Y/y
- EVS BB : EVS YTD Order Intake End Oct. -8.5%; Confirms Opex Guidance
- FIE GY : Fielmann Sees FY Pretax Profit Above EU140M
- FINGB SS : Fingerprint Cards 3Q Oper Loss SEK4.6M Vs. Loss SEK3.40M Y/y
- FRA GY : Fraport Oct. Frankfurt Airport Passengers -83.4%
- G IM : Generali Plans to Distribute 2nd Part of 2019 Dividend in 2021
- HHFA GY : Hamburger Hafen 9M Ebit EU107.1M
- INH GY : Indus Holding 9M Adjusted Ebit EU45.1M Vs. EU103.1M Y/y
- SDF GY : K+S Confirms Guidance After 3Q Operating Profit Beats Est.
- KBC BB : KBC Group Boosts FY Net Interest Income Forecast
- LI FP : Klepierre: Appointment of Benat Ortega to Exec Board
- LEG GY : LEG Immobilien Sees FY FFO I EU380M
- LHA GY : Lufthansa Pilots Union Extend Wage-Reduction Deal With Airline
- MRK GY : Merck KGaA Boosts FY Adjusted Ebitda View, Beats Est.
- MLP GY : MLP Sees FY Ebit EU34M to EU42M, Saw High End Of EU34M to EU42M
- MOR GY : MorphoSys 3Q Ebit Loss EU61.7M Vs. Loss EU27.0M Y/y
- NESN SW : Nestle Promotes Coffee Head as Longest-Serving Veteran Retires
- ORA FP : Orange interested in Merging with Deutsche Telekom (Challenges - see attached)
- PAT GY : Patrizia Narrows FY Operating Income Forecast
- PIRC IM : Pirelli Narrows FY Revenue Forecast
- PST IM : Poste Italiane 3Q Net Income Beats Estimates
- RBI AV : RBI 3Q Net Income Beats Estimates
- RCN LN : Six Degrees Won’t Make an Offer for Redcentric
- RWE GY : RWE Kept Coal and Nuclear Power Hedges Stable in Third Quarter
- SALM NO : Salmar 3Q Operating Ebit Beats Estimates
- SAMPO FH : Sampo’s Sale of Nordea Shares Follows Demands of Owners: DI
- SBMO NA : SBM Offshore Boosts FY Adjusted Ebitda View, Misses Est.
- SGL GY : SGL 9M Recurring EBIT EU25.4M Vs. EU54.2M Y/y
- SIE GY : Siemens Sees Rising Profit in 2021 in Post-Pandemic Growth
- SIM DC : Simcorp 3Q Revenue, Ebit Miss Estimates
- S92 GY : SMA Solar 9M Net Income EU9M
- SNAP US : Snap Is Acquiring Voca.ai for $120 Million: TechCrunch
- SOLB BB : Hexcel Denies Report on Solvay Approach, Not In Any Merger Talks
- STR AV : Strabag 9M Output Volume EU11.1B
- SON PL : Sonae 9M Net Loss EU24M
- SAX GY : Stroeer 3Q Adjusted Ebitda Beats Estimates
- TEG GY : TAG Immobilien Boosts FY FFO Forecast
- TLX GY : Talanx 3Q Net Income Beats Estimates
- TOD IM : Tod's 9M Sales EU452.6M
- FP FP : Total’s Papua LNG Project Clears Final Hurdle in PNG Parliament
- UCB BB : UCB Buys Handl Therapeutics, Starts Collaboration With Lacerta
- UNA NA : Unilever Shopping Around for N. America Ad Agency: Bus. Insider
- VAR1 GY : Varta Boosts FY Adjusted Ebitda Forecast
- VEI NO : Veidekke 3Q Revenue Meets Estimates
- WPP LN : WPP Creates AKQA Group By Combining With Grey Worldwide
- XBRANE SS : Xbrane Biopharma Offering Prices SEK200m Shrs at SEK68.50/Shr
- FHZN SW : Zurich Airport Oct. Passenger Traffic -83.7%
- ZURN SW : Zurich Ins. 9M P&C Gross Written Premiums $27.26B
