Dow+0.84% S&P+0.87% Nasdaq+0.59% Russell+0.79% VIX 21.53 (-5.1%)
US Market closed higher for a second day ahead of the FED tomorrow, Energy leaded the move, finish +2.8% following the oil which finished higher +5.8% at $47.15 (Rally was fueled by EIA Inventory report). consumer staples sector (+1.1%) saw increased activity thanks to M&A rumblings among brewers and distillers after Anheuser-Busch Inbev (BUD 115.43, +7.39) approached SABMiller (SBMRY 56.45, +9.72) about a potential acquisition. SABMiller expressed willingness to entertain discussions, and the news boosted its peers, none more so than Molson Coors Brewing (TAP 82.98, +10.34), which surged 14.2%. Fedex weighted on transport sector, volume were still below average at 863mil shares. US After Hours LAKE +11.8%, MLHR +8.4%, APOG -8.6%, CLC -7.4%, ARCW -7.1%, SANW -4.2%, ORCL -1.7% following earnings/guidance, APD +2.93% on news of Spin-off materials technology business... AERI +69.5% on +ve Phase3...Asian equity markets are broadly higher, tracking US indices...China govt crackdown on securities industry continued with a high profile investigation of CSRC assistant chairman Zhang Yujun for "serious disciplinary violations."...US TICS data showed China holding of Treasuries fall to $1.24T v $1.27T prior, an official with FX regulator SAFE said there was no basis to reports of large scale capital outflows, claiming banks are adding FX deposits each month. SAFE added that depreciation pressure in Yuan has eased...Copper prices spiked up about 1% after an 8.3 earthquake reported offshore Chile - said to be the largest earthquake in the region in over 100 years. A number of firms with exposure to Chile indicated their production was not impacted, and prices returned to unchanged levels around $2.45/lb.
Nikkei +1.35% Hang Seng +0.85% Shanghai +0.60%
Eur$ 1.1293 CNY 6.3665 JPY 120.80 EURCHF 1.0963 GBP 1.5506 RUB$ 65.39 WTI$47.23 (+0.15%)
S&P -0.11% EuroStoxx +0.28% Dax +0.38% SMI +0.53%
Macro :
- Oil Rally Boosts U.S. Stocks Before Fed; Emerging Assets Rally
- Greek Debt Haircut Is Not on the Table, Moscovici Says
Keep an eye on :
- ATC NA : *ALTICE TO BUY CABLEVISION FOR $34.90/SHR IN CASH
- BALSN SW : Baloise Sells CHF1.9b Closed Life Insurance Portfolio in Germany
- COR PL : C. Amorim to Sell as Much as 5.56% Own Stock to Instl Investors
- GLEN LN : 805 HK +1.5% @ 135.20 vs 134.70yest in ldn
- SDF GY : Potash Corp, K+S not actively discussing takeover http://reut.rs/1KqIpcy
- KCR1V FH : Konecranes Cuts 2015 Forecasts on Weaker Demand
- RYA LN : Ryanair CEO Sees Shareholder Distribution From Aer Lingus Sale
- RWE GY : RWE Innogy Seeking to Sell a Dozen Power Plants, FAZ Says
- SHP LN : *BAXALTA: NOT GOING TO DO ANY DEFENSIVE M&A
- TLSN SS : TeliaSonera Says There are ‘Interested Parties’ for Eurasia Ops
- TEL2B SS : Tele2 Loses Court Case on KPN’s Network Access Costs: Telegraaf
- UCG IM : UniCredit Said to Hire Monte Paschi’s Mingrone as Group CFO
- VOW3 GY : VW Says China Approves Stake Increase in JV in Principle: Sina