Dow +0.12% S&P +0.09% NAsdaq +0.43% Russell +0.78%
US Market closed on new record level. SPX closed the month up +2.2%, was 7th consec monthly gain for index, also was best monthly gain since Feb (when rallied +3.7%). SPX now up 11 of last 12months. NDX up up and away (Semis higher on Bitcoin +4% and Samsung CAPEX call). Hard Drives benefited on SMASUNG and APPLE and chain higher as APPLE up another +1.4%. Crude strength helped Energy (API and slew of EPS today). Brent touched $61 today. Homes better after yday M&A, and today WILLIAM LYON HOMES UP 10.9% helped (earnings). Paper and Internets higher also on earnings. Consumers smoked again on UNDER ARMOUR DOWN 23.8% on warning. Steels hit hard on AK STEEL, DOWN 21.5% on earnings. Now focus shifts to FOMC and 39 of SPX due to report today. Us after Hours QLYS +9%, X +8% higher and EVHC -29%, DDD -15%, WNC -10%, RGR -9%, CHKP -7%, PAYC -6% lower following earnings/guidance. Asian Market higher following US Move. Reflation trades have turned around with regional yields tracking higher alongside major banks and the dollar. CHINESE MARKETS are posting modest gains, extending their recovery from early week volatility that accompanied a spike in bond yields. The PBoC made no net change to liquidity following recent injections. The Caixin PMI confirmed China’s manufacturing sector remained in expansion last month despite the impact of government-ordered curbs on pollutive firms. THE NIKKEI is leading regional gains with the yen down ~1% from Tuesday's high against the dollar. Positively received earnings from SONY and PANASONIC have helped to underpin sentiment.
Nikkei +1.86% Hang Seng +0.87% Shanghai +0.01% Shenzen +0.03%
Eur$ 1.1640 CNH 6.6183 CNY 6.6182 JPY 113.85 GBP 1.3285 CHF 0.9984 RUB 58.2250 WTI$ 54.69 +0.57%
S&P +0.18% EuroStoxx +0.33% Dax +0.78% (Catching Up yest. move) SMI +0.29% FTSE +0.28%
Macro :
- U.K. Hints at Compromises on Brexit Bill as Talks Resume
- Greece Is Said to Plan Debt-Swap Exercise Worth EU30 Billion
Keep an eye on :
- ASMI NA : ASMI 3Q a ‘Mixed Bag,’ Revenue Guidance Is Good: Morgan Stanley
- BEN FP : Beneteau FY Earnings Beat Estimates as Yacht Earnings Surge
- BLT LN : BHP Executive Says Path to Rail Automation Has Begun in Iron Ore
- BPM PL : Banco BPM and Cattolica Mutually Extend Exclusivity Period
- DTE GY : Sprint, T-Mobile’s Last-Ditch Talks Are Said on Life Support
- EPR NO : Europris Third Quarter Revenue Misses Lowest Estimate
- ELIOR FP : Elior Says Fontana Appointed Interim CEO, Cojan Named Chairman
- EO FP : Faurecia In Joint Venture With BYD For Seating Solutions
- GTO NA : Gemalto to Buy Back Up to ~EU1.13B of Shares Over Next 12 Months
- NK FP : Imerys 9M Net EU268m; Confirms FY Outlook
- LUPE SS : Lundin Petroleum Third Quarter Ebitda Beats Estimates
- MHG NO : Marine Harvest Third Quarter Net Income Beats Estimates
- NRE1V FH : Nokian Renkaat 3Q Op. Profit Beats Highest Est., Margin Improves
- NOVOB DC : Novo Nordisk Sees Full Year Ebit 0% To +3%, Saw -3% To +1%
- SBRY LN : Sainsbury’s Starts Record Label to Tap Vinyl Demand: FT
- SU FP : Schneider Is Said to Lead Bidding for L&T Electric Unit: Mint