TheChek News Flow

Dow -0.23% S&P -0.34% Nasdaq -0.64% Russell -0.72%

US Market closed lower but SPX didn't filled the gap (2562.46). GE dropped 6.3% after MS & UBS dwg. On a positive note, the heavily-weighted financial sector (-0.1%) held up relatively well, finishing near the top of the day's leaderboard. The countercyclical consumer staples (-0.1%) and utilities (+0.1%) sectors also put together a relatively positive showing. Following Monday's slim victory, the utilities space leads all other groups for the month of October with a month-to-date gain of 3.5%. US After hours KNL +12% higher and HNI -16%, INVE -15%, WHR -6.5% lower following earnings/guidance. Asian Market, Following the negative leads out of the US, Asian equity markets opened mostly lower. The Nikkei 225 opened down by 0.1%, amid weakness in shares of Fast Retailing. However, the index has since pared losses as it attempts to gain for the 16th straight session. Japanese ‘mega-banks’ have added on to their post-elections gains. Strength has also been seen among steel makers and trading companies. Japanese electronic parts makers are trading mostly higher, after it was reported that Q2 orders for the sector may have risen by 17%. Hang Seng opened the session lower, as furniture products firm Man Wah Holdings has lost over 15%, after cutting its forecast, primarily due to the appreciation of the Chinese yuan. The index has since pared losses. The Property and Construction sub-index has risen by over 0.5% on the session.

Nikkei +0.50% Hang Seng -0.58% CSI Shanghai +0.10% Shenzen -0.45%

Eur$ 1.1762 CNH 6.6323 CNY 6.6326 JPY 1.3215 CHF 0.9895 RUB 57.5381 WTI$ 51.99 +0.17%

S&P +0.03% EuroStoxx -0.22% FTSE -0.20% Dax -0.9% SMI -0.08%

Macro :

- China’s Xi Joins Mao, Deng, as Leaders Credited in Constitution

Keep an eye on :

- AAD GY : Amadeus Fire to Name Robert von Wuelfing CEO

- AMS SW : AMS Sees Fourth Quarter Revenue EU440 Mln To EU480 Mln, AMS Strong 4Q Guidance More Than Offsets 3Q Results: Baader

- STS IM : Ansaldo Says Storstockholms Lokaltrafik Asked for Partial Refund

- ATO FP : Atos 3Q Sales Rise LFL 2.5% to EU3.0B

- BAS GY : BASF Third Quarter Ebitda Beats Highest Estimate

- BT/A LN : BT is Said to Plan Cutting One in Seven German Jobs: FAZ

- CLLN LN : Carillion Signs New Debt Facilities, Agrees Unit Sale to Serco

- CABK SM : Caixabank Board Approves 2017 Interim Dividend

- COV1 GY : Covestro Third Quarter Ebit Beats Highest Estimate

- DB1 GY : Deutsche Boerse: Court Doesn’t Approve Closure Probe of CEO

- FPE3 GY : Fuchs Petrolub Nine Month Revenue EU1.86 Bln, Fuchs Petrolub Ebit Consensus Seen Down 3% on Warning: Baader

- GEN DC : Genmab/J&J’s Darzalex IP Litigation Risk Remains Low, Citi Says

- HSBA LN : HSBC Says Foreigners Ready for MSCI’s ‘Inevitable’ Saudi Upgrade

- KER FP : 3Q: Gucci Shows No Signs of Slowing

- KOS LN : Kosmos Energy Buys Hess Corp. Assets in Equatorial Guinea

- LBK SM : Liberbank 3Q Loss EU337M: NPLs Down EU813M in 3Q

- LUX IM : Luxottica 3Q Rev. EU2.15b Vs Est. EU2.17b; FY Outlook Confirmed, Luxottica’s Vian Sees 2017 Results Likely at Lower-End of Range

- LNSX GY : Sixt Leasing Is Said to Have Rebuffed HgCapital Buyout Approach

- MDM FP : Maisons du Monde Lifts FY Growth Outlook After 3Q Sales Jump 17%

- MDLZ US : Mondelez Options Among the Most Active After Upside Call Trade

- NOVN VX : Novartis CEO Doesn’t See U.S. Generics Price Pressure Easing, Novartis CEO: Alcon Started to Turn Around in Last 2 Quarters

- WLN FP : Worldline Third Quarter Backlog EU2.6 Bln