Dow +0.10% S&P +0.20% Nasdaq +0.30% Russell +0.71%
US Market closed again on a quiet note but slightly higher, Good report on New Home sales reassured investors. S&P 500 (+0.2%) found support at the 2185/2188 price level as eight sectors finished in positive territory. The consumer discretionary (+0.5%) and materials (+0.8%) sectors ended atop the leaderboard while technology (+0.4%) and energy (+0.4%) followed. Conversely, countercyclical consumer staples (-0.1%) and utilities (-0.5%) ended in the red. The commodity-sensitive energy space (+0.4%) gained alongside crude oil futures. The energy component shrugged off opening hour weakness after reports indicated that Iran could be more willing to participate in potential OPEC actions to stabilize the oil market. The news was probably taken with a grain of salt, but still led to a good deal of short covering. WTI crude ended its day higher by 1.5% ($48.15/bbl; +$0.73). Volume were below average @ 716mil shares. US After Hours LCI +15%, DL +13%, NMBL +7% following earnings/guidance, WNC +2.6% on S&P 600 addition news... LZB -15%, INTU -6%, DY -5% following earnings/guidance. Asian equity markets are mixed after US Perf., with Nikkei225 outperforming amid weaker JPY and Hang Seng dragged down by financials and insurance names. Focus remains on Fed Chair Yellen's Jackson Hole address as the key risk event for the week. Oil is down this morning again. -1.33% @ $47.46.
Nikkei +0.58% Hang Seng -0.80% CSI -0.21% Shanghai -0.01%
Eur$1.1291 CNH 6.6667 CNY 6.6567 JPY 100.42 GBP 1.3178 CHF 0.9641 RUB 64.7227 WTI $47.45 (-1.37%)
S&P -0.05% EuroStoxx -0.45% Dax -0.36% SMI -0.34%
Macro :
- S&P 500 Near Record Shows Complacency, Cantor Fitzgerald Says
- Deutsche Bank’s Cryan Calls for ECB Policy Shift: Handelsblatt
Keep an eye on :
- CWI AV : Conwert Immobili 1H Rev. Gains 26% Y/y; Raises Year FFO I View, Has Record 1H Results
- DENERG DC : Dong Energy, Paysafe Enter Stoxx 600; Thomas Cook, Unipol Exit
- DPW GY : Deutsche Post May Sell its E-Cars to Third Parties, FAZ Reports
- FHZN SW : Flughafen Zuerich 1H Passengers Rise; Sees Lower FY Profit Y/y
- HLNG NO : Hoegh LNG Signed Pacts for FSRU Conversion Project
- HSBA LN : HSBC Bought Back 2.16m Shares at Avg 541.63 Pence Each Aug. 23
- LNZ AV : Lenzing 1H Rev. +8.3%; Sees Substantial FY Earnings Improvement
- LIN GY : Praxair-Linde Deal May Get Go-Ahead With Asset Sales: UFP
- LUN DC : Lundbeck 2Q Rev., Ebit Beat Estimates, Raises 2016 Forecast
- SAN SM : Santander Consumer Delays 10-Q Past Aug. 15 Deadline
- SAP GY : SAP, Alibaba to Offer 3 SAP Cloud-Based Solutions in China
- UBSG VX : UBS, Banks Team Up to Develop Digital Cash for Blockchain: FT
- LANS NA : Van Lanschot Says 1H Net Profit EU31.5m vs EU37.7m
- VIV FP : Spotify Said to Be in Talks Over Music Rights Before IPO: WSJ
- VIV FP : Universal Said to Ban Exclusive Music-Streaming Deals: NYP
- VOW3 GY : VW Conflict Shows Consequences of ‘Extreme’ Work Allocation:Weil
- VOW3 GY : VW to Start Settlement Talks With U.S. States by Nov. 1: HB