U.S. stock futures declined as investors assessed worsening American coronavirus figures as a new quarter begins. Asian shares traded mixed.
Futures on the S&P 500 Index slid more than 2% after President Donald Trump warned of a “painful” two weeks ahead, with the country grappling to get the outbreak under control and New York City’s death toll now topping 1,000. Stocks in Japan hit session lows in the final hour of trading, while Australia’s rallied more than 3%. Hong Kong shares had a modest retreat, with two of the city’s largest lenders, Standard Chartered Plc and HSBC Holdings Plc, suspending dividend payments because of the virus. Chinese shares outperformed as a private reading on the country’s manufacturing sector beat expectations, rebounding in March. Treasuries added to gains.
US After Hours VRNT -11.6%, BB -9% are weak on earnings, PUMP +1.8% IFRX +75,4% VEL +10%
Nikkei -2.70% Hang Seng -1.15% CSI +0.64% Shanghai +0.27% Shenzen +0.69%
Eur$ 1.1025 CNH 7.0983 CNY 7.0883 JPY 107.49 GBP 1.2379 CHF 0.9608 RUB 78.6224 TRY 6.6247 WTI$20.45 -0.15%
S&P -3.23% EuroStoxx -3.38% FTSE -3.78% Dax -3.25% SMI -2.5%
Macro :
- Einhorn’s Funds Fall 12% in March With Market Plunge Taking Toll
- Rogers, Gundlach Say the Worst of the Rout Has Yet to Come
Keep an eye on :
- ACKB BB : Ackermans & Van Haaren Reconsiders 2019 Dividend Payout
- ADS GY : Adidas Stops 2020 Share Buyback Program
- ADP FP : Aéroports de Paris Won’t Pay Remainder of Dividend for 2019
- AKER NO : Aker Says Majority Holder Advises Reducing Dividend
- AMS SW : Underwriters to Place 72.4m AMS Shares After Rights Offer: Terms
- AMS SW : AMS Says 15m Shares Placed at CHF9.20 Apiece; Take-Up at 70%
- APAM NA : Aperam Defers Share Buyback Program Start by 6 Mos on Covid-19
- BAMI IM : Banco BPM Suspends Dividend, in Line With ECB Request
- BARC LN : Barclays Says It Won’t Pay Interim Dividend for 2020
- DTY LN : U.K. Funeral Guidelines Amid Virus Will Reduce Prices, Peel Says
- GBF GY : Bilfinger Suspends 2020 Guidance Due Coronavirus, Oil Slump
- ELIS FP : Elis Scraps Div., Sees ‘Very Material’ Covid-19 Impact in Europe
- FCA IM : Fiat Chrysler Didn’t Mention Any Delay With Peugeot Deal: Rtrs
- GFC FP : Gecina Proposing to Moderate 2019 Dividend to EU5.30/Share
- GLEN LN : Glencore Puts $2.6 Billion Dividend on Hold Amid Virus Risks
- HEXAB SS : Hexagon Postpones Dividend Decision Amid Coronavirus Fallout
- HSBA LN : HSBC Cancels Fourth Interim Dividend of 21c Per Share (1)
- INDT SS : Indutrade to Reconsider Dividend Proposal of SEK4.75/Share
- JD/ LN : JD Sports stops paying rent to landlords
- LLOY LN : PRA Welcomes Decision by U.K. Banks to Suspend Dividends
- MUv2 GY : Munich Re Withdraws Guidance Yet Keeps Dividend Intact: React
- KN FP : Natixis to Scrap Dividend Proposal for 2019 Amid Covid-19 Crisis
- NEX FP ; Nexans Withdraws Dividend Proposal for 2019 on Covid-19 Outbreak
- NMC LN : NMC Lenders Start to Tally Losses as Trading Unit Goes on Block
- NDA SS : Nordea Bank Proposes to Postpone Decision on Dividend Payment
- NYF SS : Nyfosa Postpones Acquisition of Portfolios From SBB i Norden
- RBS LN : RBS to Skip Quarterly, Interim Dividends Until End of 2020
- POM FP : Plastic Omnium to Cut Proposed FY Div to EU0.49/Shr
- RNO FP : Renault Plans to Guarantee Full Pay for 36k Workers: Echos
- SAN SM : Santander Appoints Rafael Noya as Head of Global Debt Finance
- STLN SW : Schmolz + Bickenbach Gets EU95m Shareholder Loan from BigPoint
- GLE FP : Société Générale to Cancel Dividend Distribution for 2019
- SOFF NO : Solstad Offshore Reports Outline to Restructure Debt, Pare Fleet
- STAN LN : StanChart to Suspend Share Buyback Program Announced Feb. 28
- TLG GY : TLG Immobilien CFO to Leave Company in Aroundtown Takeover
- FP FP : Total Outlook to Negative by Moody's; L-T Rating Affirmed
- UBI IM : UBI Suspends Dividend in Line With ECB Request
- UCG IM : UniCredit Top Management Decides to Waive Entire 2020 Bonus
- FR FP :
- VWS DC : Vestas Secures 202 MW Order in Sweden