Dow -0.29% S&P -0.30% Nasdaq -0.27% Russell -0.17% VIX 16.21 +0.56% VXX 34.89 -0.48%
US Market closed lower on Risk off approach ahead of ECB Thursday. downturn in yields offered support to beleaguered "yield play" sectors -- utilities (+0.6%), telecom services (+0.2%), and real estate (+0.1%) -- but also weighed on the heavily-weighted financial group (-0.4%). Seven sectors ended in the red with consumer discretionary (-0.8%), energy (-0.4%), consumer staples (-0.4%), and financials (-0.4%) acting as the largest laggards. volume were below average with only 693mil shares traded. US After Hours NFLX +20%, TACO +8% following earnings/guidance, CXW +5.6% lifting after contract and guidance updates, SEE +1% on spin-off news... IBM -3% following earnings/guidance, V -1.4% CEO succession plan. In Asia, RBA Gov Lowe spoke at Citi's annual Australia Investment Conference, reiterating RBA is monitoring employment and financial stability for impact from prior rates. Lowe also views full employment threshold to be around 5% - below 5.6% most recent figure. China Commerce ministry upbeat that trade conditions can stabilize despite gloomy global environment; Recall China Sept trade surplus fell to a 6-month low and exports contracted by 10% - the biggest decline in 7 months.
Nikkei +0.28% Hang Seng +1.50% CSI +1.16% Shanghai +1.17%
Eur$ 1.1013 CNH 6.7458 JPY 104 GBP 1.2225 CHF 0.9882 RUB 62.9780
S&P +0.38% EuroStoxx +0.73% Dax +0.62% FTSE +0.48% SMI +0.38%
Macro :
- David Tepper ’Pretty Light’ in Stock Market Right Now
- Greece Submits Draft Law for OTE Shares Transfer to Asset Fund
Keep an eye on :
- ATLN VX : Actelion Says It’s in Talks to Find Partner for Malaria Drug
- AI FP : Air Liquide Expands Relationship W/ Axion Energy, Invests EU55m
- ALV GY : Allianz Investing in Second-Hand Car Platform, Die Welt Reports
- ALV GY : Pimco’s Assets Reach $1.55 Trillion, Two Years After Gross Exit
- AZN LN : AstraZeneca Reverses Earlier Loss Amid Twitter M&A Speculation
- BAS GY : BASF Says Fire at Ludwigshafen Site Has Been Extinguished
- BAYN GY : Bayer’s Euphoria Around New Cancer Drug Met With Skepticism
- BVI FP : Bureau Veritas 3Q Revenue Slides; 2016 Outlook Reduced
- CBK GY : Commerzbank to Make 88% of Planned Job Cuts in Germany, BZ Says
- CON GY : Continental Sees Automotive Group Ebit Significantly Lower Y/y
- COTY US : Coty to Buy ghd for About $510m; Sees Immediately Accretive
- BN FP : Danone 3Q LFL Sales Growth 2.1% vs Est. 2.4%, Confirms Outlook
- ENG SM : Enagas 9M Ebitda Falls 6.1% to EU643.3M, Revenue Declines 2.3%
- ENEL IM : Enel to Invest About $500M in New Wind Park in Missouri
- GALN VX : Swiss Merger Body Probing Acquisition by Galenica Unit Galexis
- GAS SM : Gas Natural Readies Sale of Madrid Real Estate, Expansion Says
- SRG IM : Italgas to Present New Plan Next Wk Before IPO: Snam CEO to Sole
- LHA GY : Lufthansa, Brussels Air Seek M&A Agreement in Next Weeks: Belga
- LHA GY : Lufthansa Could Acquire Condor Without Antitrust Problems: SZ
- MAERSKB DC : Maersk to Adopt New Rules on Scrapping Ships, Politiken Reports
- NOVOB DC : Novo Nordisk Gains; Selling Overdone: Raised to Buy at Mirabaud
- RCO FP : Remy Cointreau 2Q Organic Sales Growth Beats Ests.
- RYA LN : *RYANAIR REDUCES FY17 GUIDANCE BY 5%
- SHP LN : Shire Says FDA Updates Vyvanse Label to Include Maintenance
- SHP LN : Shire Granted EU Marketing Authorization of Onivyde
- GLE FP : SocGen Said to Put Planned Internal London Transfers on Hold: FT
- TEVA IT : Teva May Buy Celltrion to Bolster Biosimilar Portfolio: Investor
- TWTR US : Disney Said to Have Dropped Twitter Pursuit Partly Over Image
- V US : Visa Says CEO Charlie Scharf Resigning; Names Alfred Kelly CEO
- VOW3 GY : VW Seeks Final Approval of Emissions Deal Without Fix in Hand
- VOW3 GY : VW Labor Chief Wants Investment in Electric-Car Batteries: SZ
- VOW3 GY : VW’s Audi to Delay Tech Projects to Cut Costs: Reuters
- WHL LN : *AMAYA AND WILLIAM HILL WILL NO LONGER PURSUE MERGER