Dow -0.29% S&P -0.24% Nasdaq -0.19% Russell-0.50%
US Market closed lower pressured by oil and weakness in industrials. Crude oil futures were under pressure overnight after the American Petroleum Institute reported a larger-than-expected build in crude oil stockpiles. The energy component extended its loss after the Department of Energy confirmed the disappointing reading with its more influential stockpile data. WTI crude slipped from the $46.00/bbl price level, remaining pressured throughout the session. Crude oil ended lower by 3.5% ($44.71/bbl; -$1.63), narrowing its August gain to 7.6%. Sellers pressed the broader market near midday, corresponding with remarks from Leon Cooperman of Omega Advisors. The investment fund chairman stoked selling interest when he stated that his fund recently trimmed its equity exposure. Mr. Cooperman expressed concerns regarding finding undervalued assets in the "fairly but fully" valued state of the broader market. Volume were above average with 1.08bil shares. US After Hours OXM +9%, OLLI +6.2%, GEF +3% on earnings/guidance, CYNA +113% on acquisition news... CRM -7%, FIVE -4%, BOX -2% on earnings/guidance. sian equity markets are mixed with uneasy sentiment persisting going into Friday's payrolls and potential Fed rate hike implications as soon as September if theNFPs follow a decent ADP report in US hours today. August PMI data in the region have also been mixed, though the rebound in China official manufacturing to expansion stands out above other figures. S&P500 futures, Copper, and Crude Oil prices have seen a bounce since the PMI release. In Japan, August final manufacturing PMI was confirmed to remain in contraction for the 6th straight month. China official manufacturing PMI hit a 22-month high, even as non-manufacturing PMI retreated to a 3-month low of 53.5.
Nikkei +0.12% Hang Seng +0.59% CSI -0.32% Shanghai -0.22%
Eur$ 1.1152 CNH 6.6899 CNY 6.6802 JPY 103.29 GBP 1.3143 CHF 0.9837 RUB 65.2606 WTI$44.95 (+0.56%)
S&P +0.18% EuroStoxx FTSE +0.31% Dax -0.05% SMI +0.21%
Macro :
- Dilma Rousseff Ousted in Historic Brazil Impeachment Trial
- Gross Calls for Two Fed Hikes at Double the Pace Seen by Market
- An 809% Debt Ratio and Investors at Ease? Must Be China: Gadfly
Keep an eye on :
- ADS GY : Adidas, Ahold Delhaize, CRH Added to Euro Stoxx 50
- AH NA : Adidas, Ahold Delhaize, CRH Added to Euro Stoxx 50
- AIR FP : Airbus A400M Demonstrates Capability to Operate on Sand Runway
- ALO FP : Alstom Allies With SNCF to Consider New High-Speed Train: Echos
- BMPS IM : Viola Ready to Leave Monte Paschi After Restructuring: Stampa
- COM FP : CNIM 1H Net Income EU14.7m vs EU18.7m; 1H Orders Decline Y/y
- CBK GY : Commerzbank Upgraded on Outlook for New CEO Strategy, Exane Says
- CRH ID : Adidas, Ahold Delhaize, CRH Added to Euro Stoxx 50
- DBK GY : Deutsche Bank Weighed Selling All, Part of Asset Management: WSJ
- ETE GA : Eurobank, National Bank of Greece Showing Good Core Rev.: IBG
- FGR FP : Eiffage Says 1H Net Jumps to EU133m, Sees Improved FY Results
- EKTAB SS : Elekta 1Q Adj. Ebita Beats Estimates, Sales Miss
- GATE SW : Gategroup 1H Rev. Up 13%, Posts Operating Profit
- SDF GY : K+S Says Boeckers to Succeed Lohr as New Chief Financial Officer
- KRN GY : Krones Buys Trans-Market to Strengthen Process Tech on U.S. Mkt
- LHA GY : Lufthansa, Air China Said to Finalize Venture This Month
- OERL SW : Oerlikon Closes Vacuum Sale, Sees CHF330m Net Cash Impact
- ORA FP : Orange Said in Talks to Buy Stake in Iranian Mobile Carrier: WSJ
- ORA FP : Orange Downgraded at BofAML Amid French Telecom Competition
- RI FP : Pernod FY Profit From Recurring Operations Meets Estimates, Forecasts Profit Growth as U.S., Spain Drive Sales
- RCO FP : Remy Cointreau in Talks to Form Passoa JV With Lucas Bols
- RIO LN : Rio Tinto to Miss 2016 Pilbara Shipment Forecast, Macquarie Says
- RIO LN : Glencore's interest in Rio Tinto coal assets reignited
- RDSA LN : Royal Dutch Shell to Be Added to FTSE Indexes
- SAND SS : Sandvik CEO Says SMS Margin, Volumes Can Grow, DI Reports
- SIKA SW : Sika Acquires U.S. Fiber Manufacturer FRC Industries
- SOLB BB : Solvay Said to Begin Marketing $1.6 Billion Polyamides Business
- SYNN VX : Syngenta to Be Added to Stoxx Europe 50 Index
- TKA GY : Thyssenkrupp, Tata Steel deal talks focused on UK unit's value
- FP FP : Total, ERG Said Preparing Sale of Italy’s TotalErg: Reuters
- UNA NA : Unilever Raised to Buy at Citi
- VAN BB : Van de Velde Sees Rise in 2016 Adj. Ebitda, Drop in U.S. Retail
- ZC FP : B/E Aerospace Gets Boeing 777 First Class Seat Pact Worth $260m