Dow -0.14% S&P -0.27% Nasdaq -0.04% Russell -0.30%
US Market closed lower. trading session was defined by risk-off action, leading to a downtick in the U.S. dollar and an uptick in the Treasury market. 10-yr yield finished seven basis points lower at 2.40%, while the U.S. Dollar Index (100.14, -0.63) closed down 0.6%, a level not seen since early December. dollar's relative weakness was not enough to offset concerns about a bump in U.S. crude oil production, which pushed WTI crude down 0.9% to $52.75/bbl. Naturally, the energy sector followed, closing lower by 1.1%. despite McDonald's downbeat report, the consumer discretionary sector (+0.1%) outperformed the broader market. real estate (+0.6%) finished at the top of the leaderboard, while telecom services (+0.5%) and consumer staples (-0.1%) also outperformed. Conversely, utilities (-0.5%) and health care (-0.5%) had a rough showing. Best Sect. Tech/ Worst Sect. Induzstrials. US After Hours RMD +8.5%, MRCY +7%, YHOO +1% higher and SIMO -7% following earnings/guidance... BIOA / FSM / CASC among many names lower following equity offerings. Asian markets are mixed again. Japan manufacturing PMI hits 34-month high; MSCI warns China may risk losing inclusion in index if it curbs outflows.
Nikkei -0.55% Hang Seng +0.25% CSI +0.10% Shanghai +0.25%
Eur$ 1.0740 CNH 6.8212 CNY 6.8589 JPY 113.19 GBP 1.2486 CHF 0.9990 RUB 59.3680 WTI$ 53.02 +0.51%
S&P -0.03% EuroStoxx +0.37% Dax +0.21% FTSE +0.37% SMI +0.45%
Macro :
- Goldman Sees European Stock Valuations Already Reflecting Risks
- May Plans Short Brexit Bill If Supreme Court Rules Against Her
- SEC Said to Review Bond Trades by Hedge Funds, Devaney’s Firm
- Mnuchin Says Excessively Strong Dollar May Have Negative Impact
- Candriam Sees 10% Gain in Global Equities, Plays DAX vs FTSE 250
Keep an eye on :
- ABI BB : AB InBev Investor Bevco Lux Buys EU97.4m of Brewer’s Stock
- ABE SM : Caisse des Depots to Sell 15% Stake in Sanef Holding Co. HIT
- AZA IM : Alitalia Sees Cost Savings of EU160m This Year Excluding Staff
- ANIM IM : Anima May Consider Merging With Aletti Gestielle, MF Reports
- ARYN VX : Aryzta Sees 20% Lower EPS, Cites ‘Underperformance’ in N America
- ATO FP : Atos Wins EU2.2B Contract With Western Australian State Govt.
- BT/A LN : BT Increases Italy Writedown Estimate to GBP530m From GBP145m
- CABK SM : CaixaBank Said Received 350 Early Retirement Requests: Expansion
- DGE LN : Jose Cuervo Said to Plan Mexico IPO for as Early as February 8
- EDF FP : EDF , France Said to Find Compromise on Fessenheim: Les Echos
- GET FP : Eurotunnel FY Revenue Misses Estimates; Like-for-Like Sales Rise
- G IM : Generali Bought Voting Rights to 3% of Intesa Capital
- G IM : Generali’s Move Defensive, Intesa Unlikely Buyer: Citi
- G IM : Generali Joint Takeover Unlikely, Bankhaus Lampe Says
- GVNV NA : GrandVision 4Q Rev. Growth at 8%, Comparable Growth of 3.8%
- HUBN SW : Huber + Suhner 2016 Sales Rise, Confirms Ebit Margin Target
- ISP IM : Generali Bought Voting Rights to 3% of Intesa Capital
- NESN VX : Nestle to Reorganize Support Functions in Europe: Les Echos
- COX FP : Nicox Sees NCX 470 Phase Two Trial Starting 1Q 2018
- OHL SM : OHL Places Abertis Shares to Repay Non-Recourse Financing, Abertis Orders Below EU13.59 Risk Missing: Terms
- OHL SM : OHL Said to Suspend Highways Sale in Latin America: Confidencial
- RI FP : Jose Cuervo Said to Plan Mexico IPO for as Early as February 8
- PFC LN : Barclays Sees Key Value Opportunity in Petrofac, TGS, Saipem
- ROG VX : Roche’s Genentech Gets FDA Priority Review for Actemra
- RR/ LN : Rolls-Royce Ratings Cut to BBB+ by S&P; Outlook Stable
- RR/ LN : Thai Air Says Probe Into Rolls Royce Bribery Case Underway
- SPM IM : Barclays Sees Key Value Opportunity in Petrofac, TGS, Saipem
- SAN FP : Temporary Jobs at Sanofi in Frankfurt May Not Be Extended: FAZ
- SAP GY : SAP 4Q Sales Meet Ests., Raises 2017, 2020 Guidance on Cloud
- SFR FP : SFR Expects to Reach Target of 11M Fiber Connections in 2017
- SLIGR NA : Sligro looking for acquisition opportunities in Belgium - De Tijd
- TEC FP : TechnipFMC Has Multiple Catalysts, Initiated Buy at Goldman
- TPZ SM : Telepizza Sees 2016 Fy Results Beating Expectations: Economista
- TGS NO : Barclays Sees Key Value Opportunity in Petrofac, TGS, Saipem