Dow+0.28% S&P+0.08% Nasdaq+0.17% Russell-0.13% VIX 16.33 (-4.39%)
Us Market closed slightly higher, with bond mafrket closed for Colombus day. volume were below average with only 700mil shares traded. commodity-sensitive energy (-1.1%) and materials (-0.9%) underperformed throughout the session. energy sector finished at the bottom of the leaderboard, narrowing its October gain to 10.9% while crude oil surrendered 5.2% to settle at $47.19/bbl. Similar to the sector, WTI crude continues holding a solid month-to-date gain (+4.7%) despite today's dive. Apple (AAPL 111.58, -0.54), Microsoft (MSFT 47.00, -0.11), Alphabet (GOOGL 676.43, +5.19), and Facebook (FB 94.26, +1.02) traded in mixed fashion while EMC (EMC 28.35, +0.49) spiked 1.8% after agreeing to be acquired by Dell for $67 billion in cash and stock. LLY -7.8% after the company halted the development of a cholesterol drug. US After Hours FMC -9.4% (Cuts FY16 EPS $2.35-2.45 v $3.08e (guided $3.00-3.30 prior) due to rapid devaluation of BRL; Guides Q3 $0.38 v $0.66e; To cut 800-850 jobs), R -7.5% following earnings/guidance, FIG -5.3% on Macro Fund Closing..Asian equities are down across the board as risk off sentiment resurfaced in all asset classes, today's mixed China trade report has done little to support more substantial gains. In Japan, Nikkei225 returned with a near 1% slide after yesterday's holiday, tracking firmer JPY. China Customs Bureau released Sept trade data showing a 7-month high on terms of trade, but 3rd and 11th respective continued declines in exports and imports. Shipments to US rose, but those to Europe were down marginally and Japan fell by nearly 5% - in line with projections. Imports of iron ore and crude oil were up just over 1%. PBoC researcher said there's still concern over falling demand in real economy, with weak demand in credit market severely affecting lending.
Nikkei -1.1% Hang Seng -0.43% Shanghai -0.28%
Eur$ 1.1370 CNY 6.3352 JPY 119.87 GBP 1.5319 EURCHF 1.0947 BRL 3.7633 RUB$ 62.27 WTI $47.43 (+0.7%)
S&P -0.15% EuroStoxx-0.4% Dax-0.38% SMI+0.07%
Macro :
- China Sept. Retail Auto Sales Rise 2.5% on Year, PCA Says
- China’s Sept. Exports Fall 3.7% Y/y in Dollar; Est. 6% Fall
- ECB Won’t Hesitate to Act If Inflation Outlook Weakens: Mersch
- JAPAN SEPT PRELIMINARY MACHINE TOOL ORDERS Y/Y: -19.1% V -16.5% PRIOR
Keep an eye on :
- ABI BB : InBev Says in Talks With DOJ, California on Two Deals: Reuters http://cnb.cx/1NDpNZI
- ADP FP : Aeroports de Paris Boosts 2015 Traffic Forecast to at Least 3%
- APPS SM ; Carmignac Gestion Selling 6.36m Applus Services Shares, shared offered @ E9.05 to market price
- BARC LN : Barclays Said to Plan Naming of New CEO in Next Few Weeks: Sky
- POP IM : Italy Treasury Would Favor UBI-Banco Popolare Merger, MF Says
- EDF FP : EDF finalizes sale of wind farm assets in Portugal
- GLEN LN : Glencore Said to Hire BofA, UBS to Advise on Copper Mine Sales
- HEN3 GY : Henkel ‘Firmly Convinced’ Emerging Markets to Gain Importance
- HOT GY : Qatar Inv. Authority Selling Its 10% Hochtief Stake
- ISP Im ; Italy plans 2.2-billion euro rescue of three small banks-sources http://reut.rs/1LJScgx
- LHN VX : Lafarge Malaysia Rises Most in 20 Months as EPF Increases Stake
- LEO GY : Leoni Says It Will Miss 2015 Ebit Goal, Lowers 2016 Rev. Target
- MC FP : LVMH 3Q Wines & Spirits Organic Sales Growth Beats Ests.
- MC FP : Marc Jacobs Ceases to Lease Shop in H.K.’s Harbour City: HKEJ
- SAB LN : AB InBev’s Latest Bid Said Unlikely to Win SABMiller’s Approval
- SAP GY : SAP 3Q Non-IFRS Op. Profit Beats Est.; 2015 View Reaffirmed
- SAP GY : SAP Posted ‘Impressive’ 3Q Results, Jefferies Says
- STAN LN : MS is psuhing a statical short on the stock
- STLN SW : Schmolz + Bickenbach Cuts FY Ebitda Forecast on Lower Demand
- SYNN VX : FMC -9.4% in after hours after Cutting foreast
- VWS DC : Vestas Wind CEO Considers Extra Dividend Payments, Share Buyback
- VOW3 GY : Volkswagen Seeks EU3b in Cost Cuts at Suppliers: Handelsblatt
- VOW3 GY : Merkel Defends German Carmakers Against Blanket Attacks Over VW
- WOW AU : Woolworths could interest Tesco or Sainsbury's