Dow-0.48% S&P-0.10% Nasdaq+0.29% Russell+0.38%
US MArket closed mixed after S&P Tested resistance but was not able to break it (2,102/2,104). A Reversal in oil didn't help neither. WTI crude ended its pit session lower by 0.5% at $49.10/bbl, after testing levels slightly above the $50 mark. Six sectors finished the day in the red with energy (-0.6%), materials (-0.5%), consumer staples (-0.5%) leading to the downside. Conversely, safe haven utilities (+0.6%) and telecom services (+0.5%) led health care (+0.1%) and technology (+0.1%) on the positive side of the leaderboard. Volume were above the average with 1.44bil shares traded as today was the last day of May. US After Hours ZOES +5%, WDAY -3%, UA -4%, ASNA -7%, ADPT -8% following earnings/guidance, PARN+13.8% on new contract with SAN, BABA -3% on Softbank to reduce stake from 32% to 28%. Asian equity markets are mixed on the first day of June, with May PMIs showing little progress on recovery and Australia GDP featuring a pleasant surprise on the strength of exports. China mainland and Hong Kong are flat, consolidating the biggest gains in weeks overnight on Goldman Sachs rumors of impending MSCI A-share inclusion. Nikkei225 and ASX200 have underperformed - the former on retreat in USD/JPY and the latter on reduced expectations for more RBA easing. China PMIs were mixed, as official Non-Manufacturing slid to a 3-month low and Manufacturing narrowly beat estimates to stay in expansion for the 3rd straight month. In Japan, PM Abe has finally confirmed latest press speculation that he would push back the increase in sales tax by 2.5 years to late 2019.
Nikkei -1.71% Hang Seng -0.17% CSI -0.19% Shanghai -0.10%
Eur$1.1126 CNH 6.5958 CNY 6.5929 JPY 109.91 GBP 1.4489 CHF 0.9936 RUB 66.5712 WTI$ 48.65 (-0.92%)
S&P -0.07% EuroStoxx -0.07% Dax -0.07% SMI +0.23%
Macro :
- BlackRock Cuts Outlook for U.S, European Stocks to Neutral: Rtrs
- Saudi Arabia Said to Eye Bond Sale of as Much as $15 Billion
- Einhorn’s Greenlight Capital -1.9% in May; +1.1% YTD: Reuters
- Dan Loeb’s Third Point Flagship +1.7% in May; +1.2% YTD: CNBC
Keep an eye on :
- Auto Sector : French New Car Registrations Rose 22% in May, Helped by Calendar
- Luxury Sector : Hengdeli +2.9%, Prada +1.76%, Emperor Watch +1.35%
- ABI BB : Asahi -2.44%
- ADS GY : Under Armour Cuts 2016 Net Rev. Outlook, Sees Impairment --> -2.20% in after hours, NKE Flat
- AH NA : Ahold 1Q Underlying Operating Income Beats Estimates
- BABA US : Softbank to Issue $5b Securities Backed By Alibaba Shrs: Terms, Alibaba Group Agrees to $2b Shr Purchase From Softbank Group --> -3% in After Hours, SoftBank +0.42%
- AAPL US : Apple Said to Plan $1b 30-Yr Bonds in Taiwan: Reuters
- ATCOA SS : Atlas Copco Appeals EU Ruling Against Belgian Tax Breaks: Tijd
- BAYN GY : Monsanto Climbs; StreetInsider Says Bayer Said to Offer $135/Shr
- BPE IM : Pop. Emilia Weighing Whether to Proceed on NPL Sale by Next Week
- DB1 GY : Hesse May Veto Deutsche Boerse, LSE Merger, Platow Brief Says
- GLEN LN : -3.26% in HK
- HSBA LN : HSBC Said Cutting ’Dozens’ of Sr Investment Bank Jobs: Reuters
- LXS GY : CEO: Have some room for takeover deals - German press
- LSE LN : Hesse May Veto Deutsche Boerse, LSE Merger, Platow Brief Says
- MKTO US : Marketo May See Competing Bid From MSFT, SAP, ADBE, Says JMP
- NPRO NO : Norwegian Property Sells Oslo Properties Worth NOK2.5b to Entra
- POP SM : Popular Investors to Recoup Value in 2-3 Yrs: CFO in Expansion
- PST IM : Italy Said to Approve Decree to Sell 30% Poste Stake: Reuters
- UG FP : France Considers Selling Nearly Half of PSA Stake, Figaro Says
- ROG VX : Chugai -2.05%
- SGL GY : Apollo, Triton Interested in SGL Graphite Unit, Platow Says
- GLE FP : SocGen to Benefit From Additional Cost Efforts in 2016: Cabannes
- SONI PL : Sonae Industria Completes Partnership Agreement with Arauco
- SOP FP : Sopra Steria Buys 8.6% Stake in Axway from Societe Generale
- TKA GY : DCNS Open to Merger With Thyssenkrupp Subs Unit: Sueddeutsche
- UA US : Under Armour Cuts 2016 Net Rev. Outlook, Sees Impairment --> -2.20% in after hours
- VALUE BB : Value8 Told by FSMA to Start EU2.10/shr Offer for Rest of Sucraf
- VIV FP : Vivendi Has 61.7% of Gameloft Shares Pledged to Its Offer: AMF
- VOD LN : Vodafone India IPO May Happen as Soon as April 2017: ET