Stocks climbed to another all-time high Thursday and U.S. and European equity futures rose on optimism that fiscal spending will revive economic growth and bolster corporate earnings. The dollar weakened.
Asian shares rose for a third session as Chinese stocks outperformed and Hong Kong’s Hang Seng index hit 30,000 points for the first time since May 2019. S&P 500 futures edged higher after the index posted its best first-day reaction to a presidential inauguration since at least 1937. The tech-heavy Nasdaq 100 Index jumped more than 2%. Netflix Inc. was among companies that gained on solid results. Treasuries were little changed.
In China, the nation’s three biggest telecommunications firms said they requested a review of the New York Stock Exchange’s decision to delist their shares. Separately, Twitter Inc. locked the official account of the Chinese embassy to the U.S., citing a violation of its “dehumanization” policy.
Elsewhere, oil dipped as concerns over lackluster consumption amid the pandemic crept back in. The yen was steady after the Bank of Japan kept its main policy settings unchanged. The Australian dollar advanced as the nation’s unemployment rate dropped.
US After Hours President Biden signs multiple executive orders; AA -2.5%, UAL -2.4% trade lower on earnings; KMI +3.1%, PLXS +2.2% tick higher on earnings
Nikkei +0.82% Hang Seng -0.59% CSI +1.53% Shanghai +0.98% Shenzen +1.50%
Eur$ 1.2131 CNH 6.4593 CNY 6.402 JPY 103.40 GBP 1.3703 CHF 0.8887 RUB 73.2405 TRY 7.4072 WTI$ 53.21 -0.15%
S&P +0.24% Nasdaq +0.947 EuroStoxx +0.36% FTSE +0.39% Dax +0.39% SMI +0.28%
Macro :
- China Telcos Seek Reviews of NYSE Delisting
- U.K. Suffers Deadliest Day With Some Hospitals ‘Like a War Zone’
- Biden Team Sees Virus Vow at Risk on New Strain, Vaccine Stumble
- Italy’s Embattled Conte Readies $39 Billion in New Stimulus (2)
Keep an eye on :
- AGFB BB : Agfa Plans to Reorganize Offset Solutions to Boost Profitability
- AF FP : Air France Still Expects Recovery in Spring, CEO Tells Tribune
- AKERBP NO : Aker BP 4Q Output Rises to 223,100 boepd, Sees $55m Impairment
- AUTN SW : Autoneum FY Sales CHF1.74B Vs. CHF2.30B Y/y
- AZA SS : Avanza 4Q Net Income Beats Estimates
- BMPS IM : Paschi Struggles to Lure Potential Buyers to Data Room: Reuters
- BEAN SW : Belimo FY Sales Miss Estimates
- BKW SW : BKW Says Chairman Urs Gasche to Step Down
- CAI AV : Aggregate Confirms It’s Considering Purchase of CA Immo Stake
- CA FP : Challenges Article attached
- CLNX SM : Cellnex, Deutsche Telekom Close to Pact for Towers: Confidencial
- CDA FP : French Minister Warns Ski Lifts May Remain Closed All Season
- AM FP : Challenges Article attached
- GALE SW : Galenica FY Sales Beat Estimates
- GET FP : Getlink 2020 Rev. EU816M, Est. EU805M
- SFER IM : Ferragamo Parent Hires Firm to Propose Ferragamo Board Members
- IBAB BB : Ion Beam Sees Positive Rebit, Net Result for FY 2020
- GHC IM : Garofalo, Founding Family to Sell 12.7m Shares: Terms
- GALP PL : Portugal’s ENSE Says Gasoline Consumption Fell 17% in December
- BAER SW : Finma to Initiate Proceedings Against One Julius Baer Person
- MRNA US : California: OK to Use Moderna Vaccine After Illness Reports
- MYT NA : *MYT NETHERLANDS PRICES 15.6M ADS AT $26 EACH: IPO BOUTIQUE
- MYTE US : Mytheresa IPO Priced at $26.00 Per ADS
- NEL NO : Nel Sees Ebitda Loss in 2021, Targets $1.5/kg Hydrogen Cost 2025
- NORGOLD IPO : Nordgold Is Said to Pick Citi, JPMorgan, MS for London IPO
- QDT FP : Quadient to Book ~EU19M Non Cash Non-Current Charges In 2020
- RLF SW : Relief to Sell Up to CHF50m in Shares to Main Shareholder
- RNO FP : Renault in Talks With LG, Verkor to Build Battery Plant: Echos
- ROG SW : Genentech’s Esbriet for UILD Treatment Gets FDA Priority Review
- AM3D GY : SLM Solutions Names Sam O’Leary CEO as Meddah Hadjar Resigns
- SPK SM : Santander, SocGen Announce Placement of Solarpack Shares, Sell 4.12m Shares at EU24.50-Shr
- SOI FP ; SOITEC 3Q Like-for-like Sales +14.7%
- SEV FP : Challenges Article attached
- SUS SS : Surgical Science Sweden Offering Prices 3.28m Shrs SEK98.30/Shr
- TIT IM : Telecom Italia Confirms Starting Discussions on Board Renewal
- ULVR LN : Unilever Plans Tenfold Spending Increase With Minority Suppliers
- VAC FP : French Minister Warns Ski Lifts May Remain Closed All Season
- VRLA FP : French Bottle Maker Verallia to Cut C02 Emissions 27.5% by 2030
- ROSE SW : Zur Rose FY Sales CHF1.48B Vs. CHF1.36B Y/y