Dow +0.20% S&P -0.11% NAsdaq -0.48% Russell
US Market Closed Mixed. Thursday's downtick could also be attributed to increased rate-hike expectations following a hotter-than-expected CPI reading (+0.4% actual vs +0.3% Briefing.com consensus) and continued concerns surrounding North Korea's insistent prodding. fed funds futures market adjusted the implied probability of a December rate hike to 52.9% from 41.3% on Wednesday, showing that the Fed's forecast of three rate hikes in 2017 is still believed to be feasible. six of the eleven sectors settled the day in positive territory. The lightly-weighted utilities space (+0.9%) showed particular strength, bouncing back from two straight days of losses, but the remaining advancers finished with gains of no more than 0.6%. On the flip side, the consumer discretionary sector (-0.5%) settle at the bottom of the leaderboard amid broad weakness. The top-weighted technology group (-0.4%) also struggled, even though chipmakers put together a relatively positive performance, evidenced by the PHLX Semiconductor Index, which climbed 0.5%. US After Hours ORCL -3.5% following earnings/guidance, MRTX +68% on clinical trial update. Asian equity markets have initially had a muted reaction to North Korea’s most recent missile test. According to Japan’s Defense Minister Onodera the missile launched might be an intermediate range ballistic missile (IRBM), as opposed to an intercontinental ballistic missile (ICBM). The UN Security Council is expected to meet later during the US afternoon.
Nikkei +0.56% Hang Seng -0.13% CSI +0.09% Shanghai -0.44% Shenzen -0.17%
Eur$ 1.1912 CNH 6.5469 CNY 6.5450 JPY 110.50 GBP 1.3406 CHF 0.9639 RUB 57.5044 WTI $ 49.76 -0.26%
S&P -0.10% EuroStoxx -0.11% FTSE -0.11% DAX -0.14% SMI -0.23%
Macro :
- ECB Rates, Bond-Buying Policy Was Necessary, Schaeuble Tells PNP
- Alphabet Is Said to Consider Lyft Investment of About $1 Billion
- Weidmann Ready to Do Second Term as Bundesbank Head: Focus
Keep an eye on :
- ABBN VX : Cevian’s ABB Stake Increased Due to Share Cancellation, Co. Says
- ABN NA : Dutch State to Sell 7% Stake in ABN Amro via Placing ABN Amro Offering Expected to Price at EU23.50: Terms
- AIR FP : Airbus to Invest in Observation Satellites, Les Echos Says
- AZA IM : Lufthansa Among 14 Expressing Interest in Alitalia: Sole
- ATC NA : Altice Executivives Say Nothing Is Happening on Charter: CTFN
- AV/ LN : Aviva Investors Overweight on Emerging-Market Stocks, Local Debt
- CS FP : Axa Said to Mull M&A, Joint Venture for Europe Asset Management
- BAYN GY : Bayer Drug Wins FDA Approval in Follicular Lymphoma
- BO DC : B&O May Sell Some China, U.S. Retail Stores, Borsen Reports
- ACA FP : Credit Agricole Would Consider Expanding Asia Presence: Musca
- CSGN VX : Credit Suisse Reaches Settlement of MassMutual Litigation
- DBK GY : Deutsche Bank Pushes Ahead With Wealth Business Consolidation
- LHA GY : Lufthansa Among 14 Expressing Interest in Alitalia: Sole
- NESN VX : Nestle Buys Majority Interest in Blue Bottle Coffee
- NYR BB : Nyrstar to Buy EU61.5m of 2018 Convertible Notes in Tender Offer
- ORCL US : Oracle Falls 5.9% After Giving Fiscal 2Q Forecast on Call
- ORA FP : Orange Says A Reduction of French Govt Stake Is ’Probable’
- P IM : Pirelli Sees Maximum Equity Value at EU8.3b Based on IPO Range
- RBI AV : Raiffeisen Schweiz Sells 4% Stake in Helvetia Holding
- RXL FP : Rexel Stake Held by Cevian Capital Rose To 15.63%, AMF Says
- SGRE SM : Siemens Gamesa Loses Senior Executives, EL Confidencial Says