Asian stocks and U.S. futures drifted Tuesday after the S&P 500 Index failed at another attempt to break a record high amid an impasse over U.S. stimulus measures. The dollar dipped and Treasuries climbed.
Stocks were little changed in Japan and South Korea, fluctuated in Hong Kong and China and rose in Australia. S&P 500 futures were little changed. The U.S. benchmark again ended below its February closing record despite rising past that level during trading. The Nasdaq 100 outperformed, and 10-year Treasury yields ticked lower. The offshore yuan reached the strongest level since early March.
While a cash injection by China’s central bank Monday buoyed investors, tension between Washington and Beijing continues to weigh on sentiment, with the U.S. announcing new restrictions on Huawei Technologies Co. Taiwan’s MediaTek Inc. led a slump among Asian chipmakers following the move.
US After Hours PSTX -35.4% falls on clinical hold; KDP -2% falls on offering
Nikkei -0.15% Hang Seng -0.06% CSI -0.03% Shanghai +0.29% Shenzen +0.54%
Eur$ 1.1893 CNH 6.9257 CNY 6.9297 JPY 105.60 GBP 1.3140 CHF 0.9051 RUB 73.5610 WTI$ 42.73 -0.37%
S&P +0.02% Nasdaq +0.05% EuroStoxx -0.36% FTSE -0.37% Dax -0.28% SMI
Macro :
- Israel Says Bahrain, Sudan May Be First to Follow UAE Peace Move
- High Yield Pause Could See Spreads Test Wider Amid Little News
- China Stocks Strengthen as Trade War Loses Its Sting: Macro View
- SoftBank Bets $3.9 Billion on U.S. Giants From Amazon to Tesla
- U.K. End to Pandemic Aid Pushes Employers to Adapt or Fade Away
Keep an eye on :
- AIR FP : Airbus Set to Name Former GE Executive as Europe Sales Chief
- AIR FP : Boeing Plans Deeper Job Cuts With New Voluntary Buyout Offer
- AJB LN : AJ Bell CEO Sells 1.7m Shares at 437.766p/Share
- ARBN SW : Arbonia First Half Revenue CHF645 Mln, -6.3% Y/y
- ARYN SW : Aryzta Board Submits EGM Proposals After No Holder Group Pact
- AZN LN : CSL in Talks With AstraZeneca on Vaccine Production: Australian
- BPSO IM : Amber Pushing for Pop. Sondro Change to Joint Stock Co: Sole
- CCL LN : Carnival CEO Says U.S. 2020 Cruises Possible, But It’s Early
- CPG LN : Compass Group to Name Ian Meakins as Next Chairman: Sky
- DGE LN : Diageo to Buy Aviation Gin, Backed by Actor Ryan Reynolds
- ENEL IM : Enel Reaches 65% of Enel Americas’ Share Capital
- EVT GY : Evotec, Novo Nordisk Form Alliance to Develop Novel Therapies
- FQT AV : Frequentis Sees FY Net Loss on Commerzialbank Deposit Writedown
- GEBN SW : Geberit First Half Net Income Beats Estimates
- GFS NO : Grieg Seafood Second Quarter Ebit Misses Lowest Estimate
- HUBN SW : Huber + Suhner First Half Orders CHF396.7 Mln, -12% Y/y
- IMCD NA : IMCD First Half Revenue Beats Estimates
- ISP IM : Intesa Is Poised for Role in Bid for Borsa Italiana
- KOMN SW : Komax 1H Loss After Tax CHF11.6 Mln Vs. Profit CHF10.7 Mln Y/y
- MMB FP : Lagardère board extends tenure of embattled CEO as threats gather
- MMB FP : Lagardere Sets ‘Roadmap’ to Strengthen Travel Retail, Publishing
- MED SW : Medartis First Half Sales CHF57 Mln, -12% Y/y
- MDW FP : Mediawan Agrees Amendment to EU230m Credit Facility
- NAS NO : Swedish NDO Rejects Norwegian Air Credit Guarantee Application
- NOVN SW : Novartis Patent on Gilenya Upheld, Found Infringed by Judge
- PNDORA DC : Pandora Second Quarter Revenue 1.8% Above Estimates
- PSPN SW : PSP Swiss First Half Vacancy Rate 3.4%
- ROSE SW : Zur Rose Issues 133,174 Shares in Completing Apotal Transaction
- SAS SS : SAS Recapitalization Plan Approved by European Commission
- TC1 GY : Tele Columbus Second Quarter Ebitda EU57.1 Mln, +13% Y/y
- VIE FP : Veolia in Talks to Buy Suez’s Osis Unit for EU298m
- ZO1 GY : Zooplus Second Quarter Ebitda EU21.3 Mln Vs. EU2.3 Mln Y/y