Dow -0.01% S&P -0.07% Nasdaq +0.33% Russell +0.05%
Top-tech names like Microsoft (MSFT 69.41, +1.37), Amazon (AMZN 966.07, +8.10), and NVIDIA(NVDA 136.81, +2.50) boosted the Nasdaq (+0.3%) to another record high on Tuesday while the Dow (unch) and the S&P 500 (-0.1%) settled just a tick below their unchanged marks. Only the top-weighted technology (+0.5%) and financials (+0.2%) sectors ended the day in positive territory. energy sector (-0.4%) also underperformed as crude oil dropped 0.5% to $48.64/bbl following yesterday's 2.1% rally, and ahead of this afternoon's API inventory report, which will be released at 16:30 ET. Meanwhile, retailers weighed on the consumer discretionary space (-0.3%) following the latest batch of earnings reports. TJX (TJX 73.76, -3.14) and Dick's Sporting Goods (DKS 41.04, -6.53) lost 4.1% and 13.7%, respectively, in reaction to their quarterly results. US After Hours RRGB +16%, JACK +10% following earnings/guidance, GNC +5% on interim CEO insider buy disclosure.... ACXM -4.3% following earnings/guidance, AMD under pressure with ongoing Analyst Day. Asia session is in clear risk-off mode despite the mixed-flattish Wall Street trade as political risk surrounding the White House administration appears to be getting worse. In late US after-market, NY Times reported that Pres Trump asked former FBI Director Comey to shut down investigations of former NSA Flynn. S&P e-minis fell over 0.5% or 15 handles, USD/JPY slid some 70pips below 112.40, US Treasury yield was down 2.5% on safehaven US debt demand, and Gold rose 0.5% above 1,240. EUR/USD also broke above the 1.11 handle - its best level since the US elections that first triggered the now-stalled greenback surge.
Nikkei -0.62% Hang Seng -0.12% CSI -0.39% Shanghai -0.26%
Eur$ 1.1105 CNH 6.8778 CNY 6.8879 JPY 112.43 GBP 1.2933 CHF 0.9832 RUB 56.5254
S&P -0.57% EuroStoxx -0.42% FTSE -0.32% Dax -0.43% SMI -0.45%
Macro :
- Brevan Howard’s Hedge Fund Suffered $1 Billion Outflows in April
- London Office Vacancies Surge as Company Moves Leave Big Holes
- OPEC Risks Deal Fatigue as Maintaining Oil Curbs Get Tougher (1)
Keep an eye on :
- ABN NA : ABN Amro CEO Says Up to Dutch Govt to Decide on Cutting Stake
- ALFA SS : Alfa Laval CEO ‘Working Actively’ With Acquisition Pipeline: DI
- AMZN US : Amazon Said to Consider Entry Into Pharmacy; Seeks GM: CNBC
- BALN SW : Baloise Says 41.1% of Pax Anlage Shares Tendered as of April 16
- EN FP : Bouygues 1Q Net Loss EU38m Vs. Loss of EU180m
- DBK GY : Deutsche Bank’s Cox Sees ‘Very Active’ Southeast Asia ECM Market
- DB1 GY : Deutsche Boerse Plans to Expand Big Data, Digital Platform: HB
- LUX IM : Luxottica Plans to Voluntarily Delist From NYSE
- RBI AV : Raiffeisen 1Q Net Income EU220m
- RED SM : Red Electrica Refinances EU800m Loan: Expansion
- SAN SM : Santander, BBVA Said to Look Into Popular’s Books: Expansion
- SEV FP : Suez Orders Below EU15.80 Risk Missing: Terms
- STMN SW : Straumann Offering by Holder Prices at CHF541.0/Share
- TEF SM : Telefonica Deutschland Sees Roaming-Law Impact: Boersen-Zeitung
- UNICAJA IPO : Unicaja Aims to Raise EU750m With IPO by July 15: Expansion
- UNA NA : Colgate CEO Said to Be Open to Sale at $100/Share: New York Post