Dow +0.58% S&P +0.65% Nasdaq +0.95% Russell +0.03%
US Market closed higher after a quiet monday and ahead of tomorrow's FOMC policy statement, which will be released at 14:00 ET and is expected to call for a 25-basis point rate hike. All eleven sectors began the trading day in the green with most maintaining that posture into the close while materials (-0.2%) and industrials (-0.1%) recorded slim losses. energy sector (+1.3%) ended in the lead while crude oil added 0.4% to settle at $52.98/bbl. Volume were again aboved average with more than 1bil shares traded. USAfter Hours NDSN +8%, RICK +1% following earnings, VCEL +40% on FDA approval news... ABM -2% following earnings/guidance. Asia indices mixed; Australia favored despite the weakness in the mining space on several deals (APN Outdoor confirms all-scrip merger offer for oOh!media, Tatts Confirms non-binding proposal from Macquarie-led consortium at A$4.40-5.00/shr). USD majors in narrow ranges going into critical FOMC rate decision; 25bp rate hike baked in, with a focus on the dot plot and the outlook for 2017 tightening pace. Jan WTI crude oil prices down over 1% in electronic trade after large build in API inventories; first build in 4 weeks. Japan Q4 Tankan mixed; Manufacturing Index and Outlook at 1-year high, but CapEx at a 3-quarter low; Survey sees tight job market with excess labor supply at lowest level since Mar 1992.
Nikkei +0.02% Hang Seng +0.38% CSI -0.42% Shanghai -0.16%
Eur$ 1.0645 CNH 6.9255 CNY 6.9057 JPY 115.13 GBP 1.2663 CHF 1.0112 RUB 60.8860 WTI$ 52.35 -1.19%
S&P -0.06% EuroStoxx-0.25% Dax -0.20% SMI +0.01% FTSE -0.20%
Macro :
- Goldman Sees Yield Moves Posing Downside Risk To Turkish Stocks
- S&P 500 Seen Rising to 2,400 in 2017 by Barclays’ Glionna
- Gundlach Says 10-Year Treasuries Topping 3% Would Punish Markets
- China Regulator to Step Up Curbs on Insurers’ Stock Speculation
Keep an eye on :
- ATLN VX : Actelion Says It’s in Talks With Third Party After J&J Withdraws
- ATLN VX : J&J Ends Talks With Actelion on Potential Takeover
- ADP FP : ADP Paris Airports Nov. Traffic Rises 6.2% From Year Earlier
- AIR FP : German Defense Ministry seeking penalties as Airbus A400M deliveries lag
- NDA GY : Aurubis Sees Significantly Higher Operating EBT Next Year
- BP IM : Banco Popolare, Popolare Milano Merger to Take Effect Jan. 1
- BMPS IM : Has received ECB draft that rejects request for more time to carry capital plan
- BNP FP : BNP to Reorganize French Retail Banking, Les Echos Says
- CABK SM : Criteria Caixa Says It’s Selling 1.7% Stake in CaixaBank, CaixaBank Shares Placed at EU3.15/Share, Criteria Caixa Says
- COLR BB : Colruyt Fiscal 1H Net Beats Ests. as Retail Sales Growth Misses
- DBK SM : Deutsche Bank Planning to Sell Down Stake in Wilsons, AFR Says
- DGE LN : Diageo Outperforms Spirits Category, Cowen Says, Citing Nielsen
- DPS US : Post market strength attributed to vague chatter Berkshire (Buffett) has taken stake
- EDF FP : France said to be preparing for March capital increase , Also said to announce capital increase for Areva early next year
- EDF FP : EDF Board to Approve Sale of 49.9% of RTE to CDC: Figaro
- ETL FP : Eutelsat Names Sandrine Téran CFO, Replacing Antoine Castarède
- ITX SM : Inditex 9M Ebitda EU3.61B; Est. EU3.6B
- MMT FP : M6 in Talks to Buy RTL Group French Radio Business for EU216m
- MSK IM : D’Ieteren Plans Moleskine Squeeze-Out as 95% Ownership Crossed
- PFE US : Pfizer Says One Reason Not to Split Was Lack of Tax Advantage
- RNO FP : Renault Schedules AGM After French Presidential Elections
- RNO FP : Renault Has Concluded Talks With Unions on Competitivity: Echos
- SAN FP : Sanofi Said to Be in Talks to Buy Actelion: WSJ
- SOLB BB : Solvay to Sell Vinythai Stake to AGC Asahi in EU435 Mln Deal
- SWP FP : Sells small subsidiary in France dedicated to the Consultancy business to Colombus; no terms disclosed
- TEN IM : Tenaris, Talta Awarded About $162m in Arbitration With Venezuela
- TOM2 NA : Microsoft in Partnership With Harman for In-Car Cortana
- UCG IM : UniCredit to Take Write Down on Yapi Kredi Stake in 4Q: CFO
- UCG IM : UniCredit ROTE Target 9% in 3 Years Within Reach, CEO Tells Sole
- VIV FP : Vivendi Lifts Stake in Italy’s Mediaset to 12.3%