Most Asian stock markets were steady Wednesday, while U.S. futures slipped as investors weighed escalating Covid-19 cases against optimism over a vaccine. Japanese equities dropped after Tokyo reported a record number of daily virus infections.
Stocks edged up in Hong Kong and Australia. European futures fell. The S&P 500 pulled back from a record high earlier. Pharmacy chains were among the worst performers after Amazon.com Inc. unveiled a new push into prescription drugs. Treasury yields and the dollar extended declines after Federal Reserve Chair Jerome Powell said the U.S. economy still has a “long way to go” before it fully recovers from the pandemic.
China stocks posted modest gains, shrugging off news that the U.S. Securities and Exchange Commission is pushing ahead with a plan that may kick Chinese companies off U.S. stock exchanges. China’s 10-year government notes are set for the highest since May 2019 amid concerns about tighter monetary policy as the economy recovers from the pandemic.
US After Hours LZB +4.9% up on earnings; NCLH -5.8% falls on stock offering; PII -4.5% heads lower as its CEO will step down
Nikkei -1.10% Hang Seng +0.10% CSI -0.27% Shanghai +0.03% Shenzen -0.52%
Eur$ 1.1875 CNH 6.5417 CNY 6.5488 JPY 103.98 GBP 1.3259 CHF 0.9105 RUB 76.2875 TRY 7.7422 WTI$ 41.24 -0.48%
S&P -0.49% Nasdaq -0.35% EuroAtoxx -0.38% FTSE -0.53% Dax -0.35% SMI
Macro :
- World’s Biggest Oil Firm Saudi Aramco Kicks Off Bond Sale (3)
- Europe Car Sales Slide 7.1% on Reimposed Virus Restrictions
Keep an eye on :
- ADYEN NA : Adyen Holder to Sell 200,000 Shares in Placement: Terms
- AMUN FP : Amundi and BNP Considering Bids for SocGen’s Lyxor: Reuters
- AZN LN : Thai Cabinet Approves Budget to Secure Covid-19 Vaccines (1)
- BAS GY : BASF Wins Ruling on Ingevity Emission-Control Patent
- BAYN GY : Bayer Faces 21-State Backlash Over Water Pollution Settlement
- BNP FP : Amundi and BNP Considering Bids for SocGen’s Lyxor: Reuters
- BRE IM : Brembo to Buy SBS Friction for EU30M in Cash
- IAG LN : British Airways, American to Offer Virus Tests on Long Flights
- CCL LN : Carnival Reports Equity Offering, Buyback of Convertible Notes
- ALCLS FP : Cellectis Says FDA Lifts Clinical Hold on Melani-01 Study
- CNHI IM : CNH’s New CEO Wine May Revive On-Highway Spinoff Plans: React
- CRDA LN : U.K. Chemical Producer Croda Is Said to Scout for Acquisitions
- DB1 GY : Deutsche Boerse to Buy 80% of Shareholder Advisory Firm ISS
- EOAN GY : E.On CEO Johannes Teyssen Won’t Extend Contract: Handelsblatt
- EQT SS : HusCompagniet Valued at DKK 2.34 Bln Ahead of Copenhagen IPO
- ERICB SS : Ericsson CEO Says Sweden 5G Ban on Huawei Limits Competition: FT
- G IM : Generali Sticks With 2021 Targets Even After Virus Hits Income
- GSK LN : FDA Grants ViiV Healthcare’s HIV PrEP Breakthrough Designation
- GFG GY : Global Fashion Group Offering Prices 16.5m Shrs at EU7.30/Shr
- HL/ LN : Hargreaves Lansdown Stake Sale by Co-Founder Is Covered: Terms
- LEAS BB : Leasinvest 9M EPRA EPS EU4.84 Vs. EU5.31 Y/y
- ML FP : South America Car OEM Tire Oct. Demand Drops 18%: Michelin
- NESN SW : Swiss Torment Multinationals Such as Nestle as Ethics Vote Nears
- NIBEB SS : Nibe Industrier Reintroduces Original 2019 Dividend Proposal
- NOKIA FH : Nokia and Claro Start Urban 5G Pilot Program in Colombia
- RAYB SS : Raysearch 3Q Orders SEK138.5M Vs. SEK196.8M Q/q
- REC NO : REC Silicon Gets Writ of Summons for NOK150M Nordea Claim
- CFR SW : Richemont: Exercise Price for Loyalty Program Set at CHF67
- ROG SW : Roche on Track to Produce Regeneron Antibody Treatment: Rtrs
- RBREW DC : Royal Unibrew 3Q Net Revenue Beats Est.; Outlook Narrowed (1)
- SFQ GY : SAF-Holland SE 9M Adjusted Ebit EU38.5M Vs. EU66.9M Y/y
- SAN FP : Sanofi: Rilzabrutinib Granted FDA Fast-Track Designation
- SAN SM : Santander Avoids Merger Wave in Favor of Focus on Digital Growth
- SCH GY : Schaeffler Sees Lower End of Target Ranges Reached by 2023
- SU FP : Schneider Electric Prices Convertible Bond Offer at 50% Premium
- GLE FP : Amundi and BNP Considering Bids for SocGen’s Lyxor: Reuters
- SOW GY : Software AG Boosts FY DBP Cloud & IoT Product Bookings Forecast
- SEV FP : Suez to Present Alternatives to Veolia at AGM, CEO Tells Echos
- SNBN SW : SNB Faces Cliffhanger Vote on $21 Billion in Stock Investments
- FTI FP : TechnipFMC Gains After Winning Contract for Mexico LNG Plant
- HO FP : Thales Wins $1.8 Billion Tender to Build German Navy Frigates
- UMI BB : Panasonic, Equinor, Hydro MoU for Norway Green Battery Business
- URW NA : Tiger Global Management Boosts Short Position in Unibail
- URW NA : Morgan Stanley Lifts Unibail-Rodamco Stake to 10.38%: AMF
- WMH LN : Caesars Wins Backing From ISS, Glass Lewis for William Hill Bid