Dow +0.18% S&P +0.08% Nasdaq +0.09% Russell +0.24%
US Market closed again higher thanks to late afternoon rally. AAPL closed lower (-0.08%), AAPL is till up 37.8% YTD. Energy space benefited from a rally within the crude oil futures market that sent the price of WTI crude to $49.30/bbl, a one-day increase of 2.2%. We saw some rotation into laggards sector. Energy, Telco, Retail. Heavily-weighted financial sector (+0.2%) also finished in the green, marking its third-straight victory, as did the consumer staples group (+0.1%). On the flip side, six groups finished in the red--industrials (-0.1%), materials (unch), technology (-0.2%), health care (-0.4%), utilities (-0.5%), and real estate (-0.4%)--but losses were modest for the most part. US After Hours THC +11.9% on potential sale / activist engagement (boosting hospital peers), LSCC -1.6% blocked acquisition news is weighing on MGI / GNW. Asian equity markets opened slightly lower, before swinging into muted gains, then back again. The onshore yuan fell for a 5th consecutive day, while the PBOC weakened the yuan daily reference rate for the 3rd consecutive day.There was a deluge of data out of China, with fixed assets ex rural and industrial production coming in lower than expected.
Nikkei -0.28% Hang Seng -0.58% CSI -0.25% Shanghai -0.23% Shenzen +0.02%
Eur$ 1.1875 CNH 6.5521 CNY 6.5450 JPY 110.48 GBP 1.3203 CHF 0.9643 RUB 57.8448 WTI$ 49.20 -0.20%
S&P -0.11% EuroStoxx -0.23% Dax -0.19% SMI -0.10% FTSE -0.03%
Macro :
- ECB’s Praet Urges Patience on Stimulus Amid Inflation Disconnect
- Swiss MPs Weigh China Takeover Shield for Key Companies: T-A
- De Beers CEO Sees Diamond Sales Recovering in China and India
- ‘Not Inconceivable’ to See Big U.S. Fed Rate Rise: DBS’s Gupta
- Saudis Are Said to Prepare for Possible Aramco IPO Delay to 2019
Keep an eye on :
- AB1 GY : Niki Lauda to Submit Offer for Parts of Air Berlin: Kurier, Schaeuble Says Air Berlin Loan Will Be Repaid: Passauer
- AIR FP : Boeing to Raise 787 Dreamliner Production to 14/Month in 2019
- ASRL NA : Dutch State to Sell Remaining Stake in Insurer ASR
- ALIV SS : Autoliv to Evaluate Potential Split, Sets 2020 Targets
- BAYN GY : BASF Is Said to Progress in Bayer Auction for Seed Businesses
- BMW GY : Germany’s Quandt Group to Sell Two More Companies, FAZ Reports ( Not quoted)
- BMW GY : BMW Targets $2.4 Billion Cut to Parts Costs in E-Car Shift
- CPR IM : Davide Campari mandates Rabobank to sell its soft drinks division – sources
- DBK GY : Deutsche Bank Investors Criticize Cryan, Handelsblatt Reports
- DB1 GY : Deutsche Börse to Pay EU10.5m Fine to Stop CEO Investigation
- ELIS FP : Elis to Buy Back Up to 508,628 Shares For Maximum EU30/ShareGerry Weber Still Sees Full Year Ebit EU10 Mln To EU20 MlnGerry Weber Still Sees Full Year Ebit EU10 Mln To EU20 MlnGerry Weber Still Sees Full Year Ebit EU10 Mln To EU20 Mlnli
- GWI1 GY : Gerry Weber Still Sees Full Year Ebit EU10 Mln To EU20 Mln
- GSK LN : GlaxoSmithKline: Shingrix Gets Positive Vote from FDA Committee
- BAER VX : Julius Baer on Track to Reach $100B AUM in Asia by 2020: CEO
- KORI FP : Korian First Half Ebitda EU209 Mln
- MUV2 GY : Munich Re May Miss Profit Guidance for 2017
- P1Z GY : Patrizia Starts Further Share BuyBack Program Up to 15m Euro
- RR/ LN : Rolls-Royce Chairman Says Less IP Being Stolen By Chinese Firms
- SAS SS : SAS in New Three-Year Pact With Norwegian Pilot Associations
- SKY LN : Fox Says Confident Will Complete Sky Deal by Mid-2018
- TEVA US : CVC Is Said Near Deal for Teva’s European Women’s Health Assets
- TFI FP : Formula 1, French Broadcaster TF1 Agree New 3-Year Deal
- TIF US : Tiffany Block of 4.4m Shares Offered by Qatar: Statement
- VIV FP : Vivendi Controls Telecom Italia, Market Regulator Consob Says
- VIV FP : Vivendi to Transfer 20% of Mediaset Voting Rights to a Trust
- VIV FP : Canal+, Turner Say Warner TV Will Broadcast in France on Nov. 9
- VOW3 GY : Volkswagen to Recall 4.86M Vehicles in China on Takata Air Bag
- ZC FP : Zodiac Aerospace Full Year Revenue Misses Estimates