Global stocks and equity futures were mixed Wednesday as investors weighed their appetite for risk assets against a continuing acceleration in coronavirus cases across the American sun belt. The dollar remained under pressure.
U.S. futures fluctuated, while European contracts retreated. Shares slipped in Tokyo but climbed in Seoul after Kim Jong Un suspended military actions against South Korea. Treasuries were little changed. New Zealand’s dollar reversed gains after the central bank said the balance of economic risks remained to the downside.
On Tuesday, the S&P 500 closed well off its earlier 1.2% gain on reports that a surge in cases in several hotspots in the South and Southwest of the U.S. threatened to derail plans to ramp up reopenings. Still, the Nasdaq Composite hit another record high.
US After Hours DELL +17.6% and VMW +8.8% jump on WSJ report saying Dell is exploring options for its stake in VMW; AVAV +4.7% up on strong earnings
Nikkei -0.07% Hang Seng -0.30% CSI +0.33% Shanghai +0.23% Shenzen +0.06%
Eur$ 1.1317 CNH 7.0606 CNY 7.0674 JPY 106.567 GBP 1.2505 CHF 0.9440 RUB 67.7970 WTI$ 40.38 +0.02%
S&P +0.04% Nasdaq +0.26% EuroStoxx -0.64% FTSE -0.71% Dax -0.53% SMI -0.12%
Macro :
- EU May Opt to Keep Americans Out When External Borders Open
- Only Nasdaq at a Record Is Bad Sign for U.S. Stocks, BTIG Says
- Boris Johnson Gambles on Lifting Lockdown to Save U.K.’s Economy
Keep an eye on :
- AF FP : Air France Gets Union Deal for Departure of About 10% of Pilots
- ALV GY : Pimco’s Roman Sees Real GDP at 2019 Level by End of 2021 (1)
- ATL IM : Italy Nears Deal With Atlantia on Autostrade: Corriere
- ATO FP : Atos Aims for Mid-Term Revenue Growth Ex-Forex 5%-7%
- AMYT LN : Amryt Pharma Files With SEC to List ADS in U.S.
- BOOZT SS : Swedish Online Retailer Boozt Raises Outlook After Jump in Users
- CLNX SM : Benettons Said to Draw Interest for $3.9 Billion Cellnex Stake
- DAI GY : Mercedes-Benz, Nvidia to Collaborate on In-Vehicle AI Computing
- DLG Y : Dialog Semiconductor Raises 2Q Revenue Forecast
- DRX LN : Drax to Trial Carbon Capture with Biomass Power Station
- DUFN SW : Dufry Plans to Cut Personnel Expenses by 20% to 35%
- EUCAR FP : Volkswagen Is Said to Explore Offer for Europcar
- EVO SS : Evolution Gaming Offers to Buy NetEnt for About SEK19.6b
- IPH FP : Innate Pharma: FDA Lifts Partial Hold on Phase 2 Tellomak Trial
- JDW LN : JD Wetherspoon Pubs in England to Reopen on July 4
- KAMUX FH : Kamux Offering by Holder Prices 2.75m Shares at EU6.80/Share
- MMB FP : Lagardere: No Decision on Lagardere Live Entertainment Sale
- LEG GY : LEG Immobilien Convertible Bond and Share Sale Is Covered: Terms
- MITRA BB : Mithra Says Estelle NDA Accepted for FDA Review
- KN FP :
- NETB SS : Gaming Giant Evolution Offers to Buy NetEnt for $2.1 Billion
- NOKIA FH : Nokia’s Lundmark to Start as CEO One Month Earlier Than Planned
- PFC LN : Petrofac Says Trading, Awards ‘Materially Impacted’ by Covid-19
- PFD LN : Premier Foods Full Year Adj Pretax GBP93.3 Mln, Est. GBP93.3 Mln
- OLG FP : OL Groupe Lenders Pre-Approve State-Guaranteed EU92.6M Loan
- SMCP FP : SMCP Agrees State Guaranteed Loan of EU140m
- SOLB BB : Solvay Sees About EU1.5b Non-Cash Impairment Due to Covid-19
- VOW3 GY : Volkswagen Is Said to Explore Offer for Europcar
- WDI GY : Wirecard Former CEO Sells ~EU155m of Stock Due to Margin Calls
- WDI GY : Softbank Urged Former Wirecard CEO to Conduct Special Audit: HB
- WDI GY : German Regulator BaFin Suspects Wirecard of Manipulating Markets
- WDI GY : Inside Wirecard, a Deposit-Taking Bank Helped Fuel the Growth