U.S. stock-index futures rose on Tuesday in Asia as some investors deemed that Monday’s equity rout brought prices to attractive levels.
S&P 500 Index futures contracts expiring in March rose 0.9% as of 6:03 a.m. in London, while contracts climbed 0.7% for the Dow Jones Industrial Average and advanced 1.2% for the Nasdaq 100.
Overnight, all three main U.S. stock benchmarks fell more than 3% amid growing concerns that the novel coronavirus is spreading more widely outside China. The S&P 500 dropped the most since February 2018 for the third consecutive day, its longest losing streak since December. U.S. stocks have lostabout $1 trillion in value on Monday. Japan’s stock market also slid more than 3% Tuesday.
US After Hours KEYS +7%, HPQ +5%, INTU +2.7% are higher, while PANW / EVER -14%, SHAK -13% are lower following earnings, MA weighing on peers
Nikkei -3.35% Hang Seng -0.08% CSI -0.71% Shanghai -1% Shenzen -0.2%
Eur$ 1.0856 CNH 7.0183 CNY 7.0128 JPY 110.85 GBP 1.2941 CHF 0.9794 RUB 65.0450 TRY 6.0798 BTC $9530
Gold 1636 -2.1% WTI$ 51.71 +0.54%
Dow +0.87% S&P +0.93% Nasdaq +1.30% EuroStoxx +0.88% FTSE +0.58% Dax +0.85%
Macro :
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- Cases Top 80,000; H.K. Extends School Closure: Virus Update
- UBS Global Wealth Prefers EM Stocks Over Euro-Zone Equities
- Japan warns of rapid coronavirus spread after global market sell-off
- The Yen Won’t Provide Safety From This Virus Storm: Macro View
- Italy Suspends Tax Payments in Virus-Affected Areas
- Hong Kong Schools to Resume April 20 at Earliest, Govt Says
Keep an eye on :
- ABBN SW : ABB Robotics Targets E-Commerce Giants Amid Automotive Slowdown
- AIR FP : ANA to Buy As Many As 20 Boeing 787s for More Than $5b
- AF FP : United Airlines Withdraws 2020 Forecast, Citing Coronavirus
- ANTO LN : Antofagasta’s Los Pelambres Mine Expansion Challenged in Court
- AAPL US : Apple Reopens More Than Half of its Retail Stores in China
- ARBN SW : Arbonia Full Year Ebitda Misses Lowest Estimate
- ATO FP : PANW Cuts FY Adj EPS View, Misses Lowest Est.; Shares Fall 12.8%
- AUSS NO : Austevoll Seafood Fourth Quarter Ebit Misses Lowest Estimate
- BAKKA NO : Bakkafrost Fourth Quarter Operating Ebit Misses Estimates
- BKG LN : Berkeley Toughens Bonus Targets After Shareholder Opposition
- CLLN LN : KPMG alerts regulators to concerns over Carillion auditor
- CLVS US : CLVS 4Q Loss/Shr Wider Than Est.; Shares Fall 7.3%
- COFA FP : Coface Raises Financial Targets as Part of 2023 Strategic Plan
- CCAP GY : Corestate Full Year Ebitda Meets Estimates
- CSGN SW : FINMA Sees Swiss Emergency Plans Credit Suisse, UBS as Effective
- DNB NO : DNB, KLP Reach Deal to Jointly Finance NOK12B in Renewables: DN
- EQNR NO : Equinor Drops Australia Oil Plan in Win for Green Activists (2)
- GILD US : China to Announce Remdesivir Clinic Test Result April 27
- GREEN BB : Greenyard Nine Month Organic Revenue +0.8%
- HMB SS : H&M Now Has Less Than one Third of its Stores in China Closed
- HUBN SW : Corning Seeks to Block Rival Fiber-Optic Equipment From U.S.
- IMPN SW : Implenia Full Year Sales Meet Estimates
- KORI FP : Korian Plans Acquisition of 5 Sante Group
- KWS GY : KWS Saat SE & Co KGaA 1H Net Sales EU329.6 Mln, +14% Y/y
- LR FP : Corning Seeks to Block Rival Fiber-Optic Equipment From U.S.
- LSG NO : Leroy Fourth Quarter Adjusted Ebit 2.3% Below Estimates
- ML FP : China Car/Light Truck OE Tire Market Falls 30% in Jan.: Michelin
- NWO GY : New Work FY Ebitda Meets Est.; Proposes 21% Dividend Raise (1)
- 7201 JP : Nissan Warns About Future of European Plants as Brexit Weighs
- NDX1 GY : *NORDEX GETS 33 TURBINES ORDER FOR A 156 MW WIND FARM IN CHILE
- NOVN SW : Regeneron Gains as Piper Notes Novartis Drug Side Effects
- OCI NA : OCI Full Year Adjusted Ebitda 4.6% Above Estimates
- PMO LN : Pemex Fight For Giant Mexico Oil Field Snags Premier Stake Sell
- PRU LN : Third Point Takes Stake in Prudential to Push For Split
- PSPN SW : PSP Swiss Full Year Rental Income Meets Estimates
- RNO FP : Renault: Brings Civil Action in Investigation Announced Feb. 19
- SAN FP : Sanofi May Have Coronavirus Vaccine in 12-18 Months: Luscan
- SBBB SS : SBB Offering Prices 6.64m Shares at SEK29.90/Share
- SIGN SW : SIG Combibloc Full Year Revenue Meets Estimates
- TSLA US : Tesla to Face Fresh Autopilot Scrutiny After Company Snubs NTSB
- UBI IM : UBI Banca Investor Group With 1.6% Rejects Intesa Offer: Ansa
- WDi GY : Mastercard Sees Lower Revenue Growth on Coronavirus Impact (MA US -1.9% in after Hours)
- WLN FP : Mastercard Sees Lower Revenue Growth on Coronavirus Impact (MA US -1.9% in after Hours)