Dow-2.21% S&P-2.50% Nasdaq-3.41% Russell-3.30% VIX 25.22 (+12.24%)
YTD Perf Dow-7.3%, S&P-7.5%, Nasdaq-9.6% Russell-11.1%
US Market closed sharply lower. At the beginning of our trading day, oil was up more than 3.0%, contributing to early strength in equities. The energy-component would lose momentum shortly after the open once the weekly EIA gasoline inventories showed a build of 8.438 million barrels. WTI crude showed a loss of 1.1% before ending its pit session unchanged at $30.43/bbl. On a related note, crude inventories rose 0.243 million barrels compared to an expected increase of 2.504 million barrels. consumer discretionary (-3.4%), health care (-2.9%), technology (-2.8%), financials (-2.6%), and industrials (-2.3%) paced the retreat while utilities (UNCH), telecom services (-1.1%), consumer staples (-1.7%), and energy (-1.8%) outperformed. NFLX-8.6% on domestic subscriber weakness datas, AMZN-5.8%, FB-4% & GOOGL-3.5%, AAPL & MSFT Outperformed the sector. IBB-5.4%. Volume were above average with more than 1bil shares. US After Hours GPRO down -24% following guidance; AMBA down 11% in sympathy, KBH+1.6% on Buyback. Asian equity markets started the day under pressure, taking cue from a steep selloff on Wall St, saw some brief calm around the time of the China open, and then sold off again in the afternoon hours on geopolitical worries. Nikkei225 decline exceeded 4% amid continued strength in JPY - USD/JPY tested below 117.30 several times in the session. Other USD majors also saw similar risk-off flows, and is down now 2.7%. Terrosrist attack in Djakarta and alert in Sidney put more pressure on market.
Nikkei -2.68% Hang Seng -0.71% Shanghai +1.25%
Eur$ 1.0870 CNH 6.5973 CNY 6.5880 JPY 117.85 GBP 1.4412 CHF 1.0081 RUB$77.0020 WTI$30.84
S&P +0.58% EuroStoxx-1.31% Dax-1.13% SMI-1.21%
Macro :
- Dec. Chicago Fed Survey of Business Conditions Fell to -17
- Brent Oil Falls Below $30 for First Time Since April 2004
- U.S. Dec. Budget Deficit at $14.4b; Est. $10b
- High-Yield Bond Funds Said to Face U.S. SEC Scrutiny: Reuters
Keep an eye on :
- ABI BB : LAUNCH: AB InBev $46b Debt Offering in 7 Parts
- ALO FP : Alstom 3Q Orders Rise 46% to EU2.36b
- AREVA FP : EDF Said to Offer EU2.5b for Areva Reactors, Reports Say http://bit.ly/1mXwbzz
- AREVA FP : EDF Said to Offer EU2.5b for Areva Reactors, Reports Say http://bit.ly/1mXwbzz
- ATO FP : SAP, Atos, Cap Gemini Shares May Move as Infosys Raises Outlook
- BARC LN : Barclays Has Work to Do to Reduce Balance Sheet, Rake Says
- BKIA SM : Bankia Rejects Ceberus Offer for Home Portfolio: Confidencial
- GBF GY : Bilfinger Gets Offers for Divisions, Retains Advisers to Mull
- CAP FP : SAP, Atos, Cap Gemini Shares May Move as Infosys Raises Outlook
- CO FP : Casino 2015 Rev. In Line; Has Good Visibility for French Profits
- CO FP : French AMF Regulator Has Discussed Muddy Waters-Casino: Echos http://bit.ly/1KeGxAC
- CHR DC : Chr. Hansen Agrees to Buy Nutrition Physiology Co. For $185 Mln
- BN FP : Danone Explores New Distribution Channels, Le Figaro Says
- DBHN GYB : Germany Puts Brakes on Deutsche Bahn Unit IPOs: Handelsblatt
- EDF FP : EDF Said to Offer EU2.5b for Areva Reactors, Reports Say
- ERICB SS : Ericsson, Huawei Extend Global Patent Cross-License Agreement
- FER SM : UBS Says Placement of Ferrovial Shrs Rises to 4.15%, Ferrovial Shares Priced at EU19.07
- GLEN LN : Glencore Bought Atlas Iron Debt From Fortress, AFR Says
- SDF GY : K+S Mulls Initial Share Sale of Part of Morton Salt Unit: FAZ
- LHN VX : LafargeHolcim Cut at JPMorgan, Prefers European Exposure Over EM
- LIN GY : Lindt 2015 Sales Rise 8%; Sees Margin at Least at Last Yr Level
- LXS GY : Lanxess Plans Acquisitions Using Aramco EU1b Windfall: FAZ
- RNO FP : Russia’s 2015 Car Sales Fell 36% to 1.6m Vehicles: Kommersant
- CFR VX : Richemont 3Q Jewelry, Watch Sales Constant FX Decline, Richemont Says Challenging Trading Environment to Continue in 4Q
- SAP GY : SAP, Atos, Cap Gemini Shares May Move as Infosys Raises Outlook
- SPD LN : Crispin Odey Said to Raise Sports Direct Stake to 5%: Telegraph
- UBER IPO : Uber Shares Offered to Merrill Clients at $49, CNBC Says
- VOW3 GY : VW Says It Will Continue to ‘Fully Cooperate’ with EPA