Stocks in Asia fell while futures pointed to a muted open in Europe as traders were in wait mode before Nvidia Corp.’s results. The MSCI Asia Pacific Index dipped 0.5%, paring its near 1% advance in the previous session. Contracts for the Euro Stoxx 50 were up 0.4%. US futures eked out gains after Wall Street benchmarks overcame an escalation in Russia’s war against Ukraine to close higher on Tuesday. Investors are looking to Nvidia to see if the world’s most valuable company can continue its remarkable run fueled by spending on artificial intelligence hardware. The chipmaker rose 4.9% on Tuesday. Trading in options signals the results will be the most-important catalyst left this year — more than the Federal Reserve’s December meeting, according to Barclays Plc strategists. Bloomberg’s dollar gauge was little changed following a three-day drop, suggesting a rally inspired by Donald Trump’s election win may have plateaued. The 10-year US Treasury yield was steady after falling two basis points in the previous session. In Asia’s corporate news, Tokyo Gas Co. shares jumped the most since 1987 after Elliott Investment Management said it now held a major stake in the company. Seven & i also surged after a report the founding family of the retail giant is looking to complete a deal to take the company private by the end of its fiscal year in February. Elsewhere in Asia, Chinese banks kept their benchmark lending rates unchanged, in line with expectations. Indonesia’s central bank is expected to keep interest rates on hold later in the day. In the US session, the S&P 500 added 0.4%. The Nasdaq 100 climbed 0.7%. A gauge of the “Magnificent Seven” megacaps advanced 1.7%. US 10-year yields slid two basis points to 4.40%. President-elect Donald Trump announced he was tapping Cantor Fitzgerald LP Chief Executive Officer Howard Lutnick to lead the Commerce Department, a key role in facilitating Trump’s tariff and trade policies. Meanwhile, Bitcoin set another all-time high, supported by a series of developments highlighting the deepening embrace of the digital-asset industry in the US under crypto cheerleader Trump. Gold gained for a third day, bolstered by rising demand for haven assets following an escalation of tensions in Russia’s war against Ukraine. Oil was steady as an industry report signaled a build in US crude inventories ahead of official government figures. US After Hours DLB +12.8%, KEYS +8.9% higher on earnings; POWL -11%, XP -5.1% lower on earnings; SGMO +11.2% on FDA clearance; FLEX +5.4% to join S&P MidCap 400.
Nikkei -0.16% Hang Seng +0.10% CSI +0.03% Shanghai +0.43% Shenzen +1.04%
Eur$ 1.0585 CNH 7.2435 CNY 7.2430 JPY 155.30 GBP 1.2684 CHF 0.8839 RUB 99.7713 TRY 34.5430 WTI$ 69.39 Gold 2,630 -0.09% BTC 92,677 +0.40% ETH 3,110 +0.49%
S&P +0.25% Nasdaq +0.28% EuroStoxx +0.61% FTSE +0.18% Dax +0.48% SMI +0.54%
Macro :
- Putin Open to Talks on Ukraine Cease-fire Deal With Trump: Rtrs
- Russia’s War Against Ukraine Is Entering Dangerous New Phase
- Scholz Insists He Will Run for German Chancellor Amid Doubts
- Scholz Insists He Will Run for German Chancellor Amid Doubts
- Trump Picks Howard Lutnick for Commerce Secretary
- Hedge Funds Cut Exposure to Semis, Pile Into Cyclicals: Goldman
- Swedish Hedge Fund Keel Capital to Close After 15 Years: DI
- Are Commercial Real Estate’s Risks Turning Into Opportunity?
Keep an eye on :
Keep an eye on :
- ABVX FP : Abivax Sets $150 Million ADS ATM Offering via Piper Sandler
- ARBN SW : Arbonia Names Claudius Moor New CEO Effective Jan. 1
- AIR FP : Airbus CEO Says Year-End Delivery Goal Is ‘A Tough Journey’
- ARGX BB : Argenx Advances Clinical Development of Efgartigimod SC
- BALN SW : Baloise 9M Business Volume CHF6.89B
- BAVA DC : KM Biologics’ Mpox Vaccine Gets Emergency Use Listing by WHO
- BORR NO : *Borr Drilling: Purchased 2.5M Shares Nov. 12-18; Completed First Tranche of Repurchase
- CTPNV NA : CTP Announces Signing of a €1.3 Billion Revolving Credit Line
- ATD CN : Seven & i Says Nothing Decided on Ito Family Deal Timing
- DTE GY : T-Mobile Said to Have Caught Hackers Early, Averting Data Leak
- DOKA SW : Dormakaba Plans Cost Savings of CHF40M by 2027/28
- EBUS NA : Ebusco Completes €36M Rights Issue for €27.7m Cash Proceeds
- EDEN FP : Edenred Increases Share Buyback Mandate by €39m
- EFGN SW : EFG International Net Profit Exceeds CHF260m in First 10 Months
- ELIOR FP : Elior Sees 2025 Adjusted Ebita Margin Above 3%, Est. 3.41%
- EVT GY : Evotec Shares Slump on Report of Planned Halozyme Bid Defense
- FDJ FP : FDJ Holder Crédit Agricole Assurances Offers Shares: Terms, FDJ Offering by Holder CAA Prices at €36.60/Share: Terms
- FCT IM : *CDP MAY BACK FINCANTIERI IN BID FOR THYSSEN MARINE UNIT: MF
- GLEN LN : Top court rules in favour of Glencore in municipal bylaws dispute : Business Day.za
- GRF SM : Grifols Board Issues Unfavorable Opinion on Brookfield Offer
- GRF SM : Temasek, GIC to Back Brookfield for Grifols Bid: Confidencial
- HTWS LN : Helios Towers Holder ATP Offers About 50.6m Shares, Terms Show
- HTWS LN : Helios Towers Holder ATP Offers About 50.6m Shares, Terms Show
- INCY US : Incyte seesaws on report of potential Merck takeover interest
- LHA GY : ITA Sees €3b Rev, Positive Ebit for Year, Chair Tells Messaggero
- NOKIA FH : Nokia Drops After Analyst Predicts T-Mobile Will Swap Suppliers
- NVDA US : Nvidia Partner Hon Hai Gets $1.1 Billion Bank Loan Amid AI Boom
- ORNBV FH : Orion, Alligator Amend Licence for Two Bispecific Antibodies
- PROB SS : Main Shareholder Symrise Offers SEK350/Share for Probi
- PRU LN : Prudential’s China-Fueled Slump Leaves Stock Ripe for a Rebound
- RUI FP : French Fuel Distributor Rubis Said to Explore Sale as Shares Dip
- 3382 JP : Seven & i Says Nothing Decided on Ito Family Deal Timing
- SGSN SW : SGS to Accelerate Growth Through Acquisitions, CEO Says
- STLA US : Stellantis Delays Electric Ram Truck Debuts to First Half 2025
- STMPA FP : STMicro Sees About $18b Rev, 22%-24% Oper. Margin in ’27-’28
- STMPA FP : STMicro Delays Target of Over $20 Billion in Revenue to 2030
- SY1 GY : Main Shareholder Symrise Offers SEK350/Share for Probi
- UCB BB : UCB Gets FDA Approval for Bimzelx for Hidradenitis Suppurativa
- VOW GY : Volkswagen Chooses Rivian’s Kjell Gruner to Lead U.S. Business, will take over as chief executive of Volkswagen’s America operations on Dec. 12 - WSJ
- VOW GY : Exclusive-In high-wage Germany, VW's labour costs outstrip the competition : Yahoo! Finance
- VKTX US : Viking Therapeutics Shares Gain After Liver Fat Reduction Result
- XXL NO : XXL Planning Fallback Option Should EGM Not Adopt Rights Issue