Dow+0.09% S&P-0.13% Nasdaq+0.04% Russell-0.30%
US Market closed near from the flat line despite early weakness and pressure on oil. Equities stumbled at the start of today's session as a downturn in oil weighed on the broader market. Today's oil trade centered on news from Iranian officials that the country will not be joining production cap efforts until its exports grow to four million barrels per day. As a result, the potential March meeting was called further into jeopardy as investors turn to April for action from OPEC and non-OPEC members. For its part, WTI crude ended its day lower by 3.8% at $37.19/bbl. Four of ten sectors were able to finish their session above their flat lines with consumer discretionary (+0.4%), utilities (+0.1%), and technology (+0.1%) leading the pack. Meanwhile, materials (-0.7%), energy (-0.6%), financials (-0.4%) and health care (-0.4%) rounded out the board. US After Hours CPXX +346.4%, CTIC +30.8%, IMMU -15.1%, NVIV -10.9% following news. Asian equity markets tracked a relatively less volatile US session going into the Bank of Japan decision but have since seen some modest selling. The risk-off mode after the BOJ statement was less the result of what they said (much of which was speculated in Japanese press this week) but rather the function of what they didn't say - namely omitting promise to take rates deeper into negative territory as they claimed in January.
Nikkei-0.68% Hang Seng -0.61% Shanghai +0.17%
Eur$ 1.1086 CNH 6.5038 CNY 6.5092 JPY 113.14 GBP 1.4255 RUB $70.58 WTI $ 36.68
S&P -0.36% EuroStoxx -0.39% Dax -0.33% SMI -0.42%
Macro :
BOJ Keeps Monetary Base Target Unchanged, Neg. Rate at -0.1%
European Commission Proposes Relaxing VAT Rules: Handelsblatt
ValueAct’s Jeff Ubben Says Oil Can Go to $100 by 2019: CNBC
Keep an eye on :
- ABE SM : Abertis Prepares Bid for M6 Toll Road in U.K.: Expansion
- ABI BB : AB InBev Board Member Van Damme Sells EU2.47m of Brewer’s Stock
- ASSAB SS : Assa Abloy Buys U.S.-based Lighthouse With Expected Sales $41m
- ATC NA : Altice Sees Improving Revenue Trend, Adj. Ebitda Growth in 2016
- BPE IM : Pop Emilia Said to Put EU900m NPLs Up for Sale: Rtrs
- FIM FP : Fimalac to Buy Back Shares at EU101 Per Share Including Div.
- DL NA : Dutch Court Allows Delta Lloyd Rights Offer Vote at EGM
- EDF FP : EDF Dismisses Report of Unsafe Nuclear Plant Backup Systems
- MALA FP : Campari to Start Takeover Offer for Grand Marnier Owner
- GEBN VX : Geberit FY In Line, Outlook Cautiously Optimistic: Berenberg
- IAG LN : Iberia Airline Plans New Job Cuts, Chairman Says: Reuters
- INW IM : Cellnex, F2i Present Binding Offer for Inwit: Expansion
- ISP IM : Intesa Said to Be in Talks for Sale of EU3b Consumer Loans: Rtrs
- KUNN VX : Kuoni Group Posts 2015 Loss
- NUM FP : Numericable-SFR 2015 Adj. Ebitda Beats Ests.
- SBRY LN : Sainsbury 4Q LFL Sales Ex-Fuel Beat Ests.
- SCHS GY : Schaeffler AG: Schaeffler AG revenue increases to above EUR 13 billion 2016-03-15 -->+4,1%
- SIX2 GY : Sixt 2015 Rev. Rises 18%, Misses Est.; 2015 Pretax Up 18%
- TIT IM : Vivendi May Ask for Telecom Italia Board Renewal in May: Sole
- TODS IM : Tod’s 2015 Ebitda In Line With Ests.; Ebit, Dividend Miss
- VIRP FP : Virbac FY Net EU9.4M; Est. EU5.56M
- VIV FP : Vivendi May Ask for Telecom Italia Board Renewal in May: Sole
- VOW3 GY : VW Shareholders File EU3.26b Suit Against Co., Sueddeutsche Says -->-2%