Stocks fell with U.S. and European futures Wednesday as investors balanced the risk of stronger inflation driving global rates higher against the Federal Reserve’s pledge of continued policy support.
A gauge of Asian shares slid the most in almost a month, with Hong Kong equities tumbling on the city’s plan to raise stamp duty on stock trading for the first time since 1993. Chinese gauges retreated for a third day.
The S&P 500 Index reversed losses Tuesday to close in the green following Fed Chair Jerome Powell’s message that the central bank was nowhere close to unwinding its easy policy. Cyclicals outperformed, while the tech heavy Nasdaq 100 closed lower despite a late rally.
Ten-year Treasury yields held just below the one-year high reached Monday. The dollar was little changed. The New Zealand dollar advanced even as the central bank said “prolonged” stimulus was needed. Oil declined after an industry report pointed to the first gain in U.S. crude stockpiles in five weeks.
US After Hours UPWK +19.3%, PUBM +9.9%, MCFE +8.5%, INSP +8.2% up big on earnings; FLS -8.1%, SYX -5.8%, VRSK -2.9%, INTU -2.8% lower on earnings
Nikkei -1.61% Hang Seng -2.65% CSI -2.63% Shanghai -2.04% Shenzen -2.13%
Eur$ 1.2157 +0.09% CNH 6.4604 CNY 6.4604 JPY 105.51 GBP 1.41936 CHF 0.9062 RUB 73.9655 TRY 7.1285 GOLD 1,807 +0.10 BTC 49,970 +2800
S&P -0.32% Nasdaq -0.66% EuroStoxx -0.11% FTSE -0.72% Dax -0.07% SMI +0.28%
Macro :
- Hedge Funds Seen Luring Up to $30 Billion in Recovery This Year
Macro :
- Hedge Funds Seen Luring Up to $30 Billion in Recovery This Year
- Bitcoin Climbs Past $50,000 After Backing From Ark’s Cathie Wood
Keep an eye on :
Keep an eye on :
- AC FP : Accor FY Ebitda Loss EU391M, Est. Loss EU390.9M
- ARL GY : Aareal Bank FY Net Interest Income Meets Estimates
- AED BB : Aedifica Sees FY Dividend/Share EU3.30, Est. EU3.40
- AGS BB : Ageas Sees 2021 Adjusted Net About EU900M, Est. EU901.6M
- AIR FP : Pratt to Work With Boeing, Regulators on Fan Blade Inspections
- ALC SW : Alcon 4Q Core EPS Matches Estimates
- ALLN SW : Allreal FY Net Income CHF124.7M Vs. CHF142M Y/y
- AMS SW : Osram Names AMS Finance Chief Ingo Bank CEO for 3 Years
- ATE FP : Alten FY Operating Profit EU119.2M Vs. EU238M Y/y
- AZN LN : Astra Told EU It Would Deliver Less Than 90m Doses in 2Q: Rtrs
- ATL IM : CDP, Funds to Present Binding Bid for 88% Autostrade Stake
- ACR NO : Axactor SE 4Q Ebitda Misses Estimates
- BBVA SM : BBVA Aims to Cut as Many as 3,000 Jobs: Expansion
- BSLN SW : Basilea Offering of 1m Shares Prices at CHF45.75/Share
- BDT GY : Bertrandt 1Q Ebit EU4.53M Vs. EU14.3M Y/y
- BIM FP : BioMerieux Sees 2021 Organic Sales +5% to +8%
- CTM SS : Catena Media 4Q Adjusted Ebitda Beats Estimates
- CCAP GY : Corestate 2021 Adjusted Net Forecast Misses Estimates
- EFGN SW : EFG International AUM CHF158.8B Vs. CHF147.8B H/H
- ELE SM : Endesa FY Ebitda Misses Estimates
- FNAC FP : Fnac Darty Sees 2021 Dividend Per Share EU1.50
- INS GY : Instone Real Estate Cuts 2021 Adjusted Revenue Forecast
- KBX GY : Knorr-Bremse Says Majority Holder Heinz Hermann Thiele Has Died
- KPN NA : Slim’s America Movil Raises 2.2 Billion Euros in KPN Notes Sale
- LLBN SW : Gabriel Brenna Named New Group CEO of LLB Group
- MONC IM : Moncler to Buy Temasek’s 30% of Stone Island for EU345m
- NWO GY : New Work FY Ebitda EU92.3M Vs. EU84.7M Y/y
- NKT DC : NKT 2021 Operational Ebitda Forecast Misses Estimates
- NKT DC : NKT 2021 Operational Ebitda Forecast Misses Estimates
- POM FP : Plastic Omnium Cancels Treasury Shares, Cuts Share Capital 0.97%
- ROG SW : Roche Granted FDA Orphan Drug Status for Satralizumab-mwge
- SCR FP : Scor 4Q Net Income Beats Estimates
- SEBA SS : SEB Updates Sector Policy on Fossil Fuels, ‘Sharpens’ Guidelines
- SOLB BB : Solvay 4Q Adjusted Ebitda Meets Estimates
- SOLB BB : Solvay to Separate Soda Ash With an Eye on Strategic Options
- SUN SW : Sulzer Sees 2021 Revenue +5% to +7%
- SFZN SW : Siegfried FY Core Ebitda CHF149.4M Vs. CHF140.7M Y/y
- TIT IM : Telecom Italia 4Q Organic Ebitda Beats Estimates
- O2D GY : Telefonica Deutschland 4Q Adjusted Oibda Meets Estimates
- O2D GY : Telefonica Deutschland 4Q Adjusted Oibda Meets Estimates
- TSLA US : Ark Funds Bought More Than 240,000 Shares of Tesla on Tuesday
- UBSG SW : UBS Is Said to Consider Sale of Spanish Wealth-Management Unit
- UN01 GY : Uniper, Siemens Energy Join for German Hydrogen Plant: HB
- VALN SW : Valora FY Revenue Misses Estimates
- VRLA SP : Verallia FY Adj. Ebitda Grows 1.7%; Sees 2021 Ebitda at EU650M
- WIE AV : Wienerberger FY Ebitda Beats Estimates
- WLN FP : Worldline 4Q Revenue Misses Estimates
- WLN FP : Worldline Says Holding Back on Dividend for More Acquisitions