Dow-1,08% S&P-1,01% Nasdaq-1,64% Russell-2,15%
US Market closed lower, s&P was not able to close above its 50dMA. Technmology leaded teh move. AAPL -2,7% on WSJ Report of component issue intheiWatch (AAC). All ten sectors finished the day in negative territory with energy (-0.4%) succumbing to the pressure during late afternoon action. The sector displayed intraday strength thanks to crude oil's 1.8% advance to $59.63/bbl. For the month, the energy sector gained 6.6% while crude oil spiked 20.8%...volume were above avergae at more than 1bil shares (month end effect)...USafter Hours OXGN +12.2%, ELLI +10%, EXPE +4.5%, LNKD -21.2%, PXLW -14%, FSLR -4.3% following earnings/guidance...ALTR +4,4% Reuters reporting that standstill agreement between co and Intel (INTC) will expire on June 1...Relatively quiet session in Asia today, as markets in China, Hong Kong, Taiwan, Singapore, and South Korea are closed for holiday...China posted official PMI data for Apr. Manufacturing PMI was at 50.1, slightly beat consensus of 50.0, while Services PMI at 53.4, slowed from 53.7 in prior month. AUD/USD little changed after those data. China Stats Bureau said China manufacturing still faces downward pressure, and non-manufacturing growth slows. AUD/USD little changed after China data.
Eur$ 1,1224
Macro
- China April Manufacturing PMI 50.1; Est. 50.0
- Greece Said to Resume Sale Process for Piraeus Port Next Week
Keep an eye on :
- BARC LN : Barclays Starts GBP100m Fund to Finance U.K. Tech Startups
- BMPS IM : Monte Paschi, Nomura in Talks to End Derivative Trade: Reuters
- BZU IM : Buzzi Unicem Offer for Sacci Not Accepted by Banks, Creditors
- COLT LN : Colt Group 1Q Sales Decline to EU394.6m; Ebitda Rises
- GSK LN : Glaxo’s Breo Ellipta Asthma Treatment Wins FDA Approval
- LG FP : Lafarge Upgraded at Baader-Helvea on Eurocement Merger Support
- LLOY LN : Lloyds 1Q Underlying Profit Beats Est.: NIM to Beat Forecast, Lloyds CFO Culmer Says He Can’t Rule Out Further PPI Provisions
- NHH SM : NH Hotel Postpones Bond Sale Citing Unsatisfactory Markets
- PTC PL : Portugal Telecom 2014 Net Loss EU302.8m vs Net EU331m Y/y
- SKG LN : Smurfit Kappa 1Q Ebitda Falls; Takes Charge in Venezuela
- SYNN VX : Monsanto Is Said to Approach Syngenta Again About a Takeover
- TEN IM : Tenaris 1Q Net $222m vs Est. $266m; Ebitda Margin Narrows
- TNTE NA : FedEx, TNT: Formal Clearance Procedures Could Take up to 1 Yr
- DG FP : Orix, Vinci Airports Consider Joint Bid for Airports in Japan
- VM/ LN : Virgin Money 1Q Gross Mortgage Lending Up 34%
- VIV FP : *VIVENDI RATED UNDERWEIGHT VS NOT RATED AT JPMORGAN