Dow -0.10% S&P +0.04% Nasdaq +0.24% Russell +0.37%
US Market closed lower, but very close from the flat line again. The energy sector (unch) closed just above its flat line following crude oil's fifth consecutive retreat. WTI crude finished Monday trading at $48.40/bbl. INTC agreed to pay $15.3 billion, or $63.54 per share, in cash for Mobileye, which represents a 34.0% premium over MBLY's closing price on Friday.
The technology sector (+0.1%) profited from the chipmakers' solid performance, finishing the day with the financials (+0.1%), consumer discretionary (+0.2%), materials (+0.3%), utilities (+0.2%), telecom services (+0.2%), and real estate (unch) groups in the green. The remaining sectors--industrials (-0.1%), health care (-0.2%), and consumer staples (-0.1%)--closed with modest losses. US After Hours Ruby Tuesday (RT) +20% on strategic alternatives exploration, Valeant (VRX) -10% as Ackman closes out position Asia equity markets are seeing compressed volatility as the quiet before the Wednesday FOMC decision envelops sentiment. Oil remains under pressure near 3-month lows, while US airline stocks hit some turbulence ahead a massive snowstorm bearing down on the northeast. Dollar majors were similarly contained in narrow ranges - AUD/USD saw the most notable decline after a retreat in NAB business confidence/conditions from multi-month highs last month.
Nikkei -0.12% Hang Seng -0.20% CSI -0.04% Shanghai +0.07%
Eur$ 1.0644 CNH 6.9076 CNY 6.9191 JPY 115.14 GBP 1.2137 CHF 1.0092 RUB 58.9850 WTI$ 48.35 -0.10%
S&P -0.07% EuroStoxx +0.06% Dax-0.05% FTSE +0.2% SMI +0.01%
Macro :
- FOMC Expected to Meet as Planned Tues.-Wed. Amid Snowstorm
Keep an eye on :
- ABI BB : AB InBev Chief Integration Officer Almeida Buys $9.15m of ADRs
- ANTO LN : Antofagasta FY 2016 Ebitda $1.63b, Beats Estimate of $1.59b
- CTXS US : Citrix Said to Work With Goldman Sachs on Potential Sale Process
- CBK GY : Commerzbank Loses Case Over Dresdner Bank Cum-Ex Trades: HB
- DIREN FP : Direct Energie FY Net Jumps; Sees Higher 2017 Operating Income
- ILD FP : Free Says Roaming to Be Included in EU15.99/Month Plan
- INTC US : Intel Should Buy Its Own Stock Rather Than Mobileye: Street Wrap
- IGY GY : Engie Said to Eye Bid for $19.8 Billion Green Utility Innogy, RWE Doesn’t Comment on Innogy Interest, Can Cut Stake to 51%
- KPN NA : KPN to Swap 6% of Telefonica Deutschland for Stake in Telefonica
- NOVN VX : Novartis Kisqali Gets FDA Approval for Metastatic Breast Cancer
- OCDO LN : Ocado 1Q Sales Meet Estimates, Sees Change in U.K. Food Pricing
- P1Z GY : Patrizia Raises 2017 Operating Income Guidance to EU60m-EU75M
- PUB FP : Publicis Groupe Has Put In Place a Share Repurchase Agreement
- RWE GY : RWE’s Net Income Guidance May Lead to Re-Rating, Goldman Says
- SAN FP : Sanofi’s Gaucher Disease Pill Is Too Expensive: U.K.’s NICE
- SY1 GY : Symrise Profit Beats Estimates; Raises Dividend for 7th Year
- UHR VX : Swatch Sales Have Been Gaining This Year, Hayek Tells L’Agefi
- TEF SM : KPN to Swap 6% of Telefonica Deutschland for Stake in Telefonica
- UCG IM : UniCredit Says Marina Natale Leaving Bank