Dow-0.10% S&P-0.01% Nasdaq-0.02% Russell +0.32%
US Market Closed on a flat note. Nasdaq Composite was little changed, ending October down 2.3%. Meanwhile, the S&P 500 also settled flat, finishing the month lower by 1.9%. Another wave of M&A helped the market at the open (CTL/LVLT), GE/BHI. WTI crude settled lower by 3.9% ($46.84/bbl; -$1.88), finishing October down 2.6%. Fed funds futures were little changed by the data with the December meeting still commanding an outsized number of rate hike bets. According to the CME's FedWatch Tool, the implied probability of a December hike is 77.8%. Nine sectors ended in positive territory with utilities (+2.0%), real estate (+1.4%), and industrials (+0.2%) outperforming. Conversely, energy (-1.2%) and health care (-0.6%) finished in the red. Volume were above average with more than 1bil shares traded. US After Hours RYAM +11%, CGNX +8%, AMKR +6% following earnings/guidance, OCLS +70% on asset sale news... INST -18.5%, NLS -9.9%, RAIL -9.1%, THC -8.7%, TEX -5.8%, LB -5.6% following earnings/guidance. As widely expected BOJ leaves policy settings and framework after shifting to yield curve control last time around; As part of its semiannual outlook for growth and prices, BOJ also maintains its views for GDP in FY16-19 years while cutting all 3 years' CPI by 0.2% pts. China twin PMIs hit multi-month highs - manufacturing for Official and Caixin prints at 2-year highs and non-manufacturing at 10-month high; Official manufacturing PMI components see 2016 highs for New Orders, Output, Employment, and Input prices; Caixin PMI at highest level in over 2 years, as employment culling slowed to lowest pace in 17 months and input price inflation rises by the biggest rate in over 5 years.
Nikkei +0.10% Hang Seng +1.19% CSI +0.68% Shanghai +0.71%
Eur$ 1.0973 CNH 6.7837 CNY 6.7758 JPY 104.93 GBP 1.2229 CHF 0.9886 RUB 63.1902 WTI$ 47.06 +0.43%
S&P +0.40% EuroStoxx +0.52% FTSE +0.31% Dax +0.41% SMI +0.24%
Macro :
- China Oct. Manufacturing PMI 51.2; Est. 50.3
- Carney to Stay On as BOE Governor for Extra Year to June 2019
Keep an eye on :
- AIR FP : China to Need 6,000 New Planes Over 20 Years, Airbus Says
- AKA NO : Akastor 3Q Revenue Falls; Net Loss Narrows
- CS FP : Dutch MP Proposes Revised EU Deposit Insurance: Boersen-Zeitung
- BP/ LN : BP 3Q Adjusted Net Beats; Div. 10c/Share Matches Forecast
- CNA LN : Centrica Says Rough Withdrawal Restart Delayed to Late November
- GS US : Goldman Sachs Said to Outsource Dark Pool Operations to Nasdaq
- NRE1V FH : Nokian Renkaat 3Q Profit, Sales Slightly Below Estimates
- NOVN VX : Novartis Gets FDA Priority Review for LEE011 in Breast Cancer
- ORK NO : Orkla 3Q Adj. Ebit Beats Est. Amid Branded Consumer Goods Growth
- PNDORA DC : Pandora 3Q Net Beats Estimates, Raises Ebitda Margin Forecast
- PFV GY : Pfeiffer Vacuum 3Q Sales, Ebit Little Changed, Miss Estimates
- RDSA NA : Shell 3Q CCS Adj. Net $2.79b vs Est. $1.79b; Div. 47c/Share
- ROG VX : Roche Appoints Christiane Hamacher Head of Asia-Pacific Business
- RR/ LN : Rolls-Royce Bribe Probe Reviews Agents in 12 Nations: Guardian
- SYNN VX : ChemChina Extends Public Tender Offer for Syngenta Until Jan. 5
- VASTN NA : Vastned Sees 2016 Direct Result Per Share at Upper End of Range
- WEIR LN : Weir FY Profit to be Slightly Lower Than Market Expectations