Dow -0.48% S&P -0.47% Nasdaq -0.52% Russell -0.46%
US Market closed lower for a second day, but way above the session lows after afternoon rally. telecom services sector led the retreat, finishing with a loss of 2.3%, after AT&T reported worse-than-expected earnings and revenues for the third quarter; AT&T shares lost 3.9%. Industrials also showed relative weakness, losing 1.0%. Within the group, BA was among the weakest performers, shedding 2.9%, despite beating profit estimates. US After Hours BWLD +20%, TER +5% higher and NTRI -11%, ORLY / VAR -7%, MLNX / NOW / UHS -5%, XLNX -4% following earnings/guidance. Asian equity markets have opened the session mostly lower following the negative leads out of the US and ahead of the later today ECB decision. Earnings reports out of Asia have been in focus on today’s session. Japanese industrial company Fanuc has traded higher by over 2%, as it raised its FY18 outlook. In the tech sector, Japan’s Line Corp has gained over 13% as its Q3 earnings beat expectations. At the same time, chip equipment company Advantest has declined by over 3% after the company reduced its FY net profit forecast. traders are expected to focus on the later today ECB decision. Japanese companies due to report earnings later today include Fuji Electric, Fujitsu, Hitachi, Koito Mfg Co, Kyowa Hakko Kirin, Mitsubishi Motors, NTT Docomo, Nomura Real Estate, Oki Electric, Osaka Gas, SBI Holdings, Seiko Epson and Tohoku Electric Power.
Nikkei +0.12% HAng Seng -0.39% CSI +0.45% Shanghai +0.31% Shenzen +0.21%
Eur$ 1.1831 CNH 6.6329 CNY 6.6325 JPY 113.58 GBP 1.3263 CHF 0.9886 RUB 57.6454 WTI$ 52.11
S&P -0.02% EuroStoxx +0.11% FTSE +0.14% Dax +0.15% SMI +0.39$
Macro :
- EU Officials Are Said to See 20-Month U.K. Transition: Guardian
- EU Is Said to Probe U.K. Anti-Tax Avoidance Scheme: Guardian
Keep an eye on :
- ABBN VX : ABB 3Q Operational Ebita Beats Estimate
- ABI BB : AB InBev Cuts Full Year Effective Tax Rate Forecast
- ADP FP : Aeroports De Paris Nine Month Traffic +6.6%
- ADS GY : Nike CEO Says Sales to Grow High-Single Digits Over Next 5 Years
- AZA IM : Alitalia Won’t Rule Out Sale to Private Equity Bidder: Sole
- ATC NA : SFR’s Pledge of 100% Fiber Cover by 2025 Questioned by Regulator
- AMZN US : Fast Retailing Will Not Sell Uniqlo Clothes on Amazon: Nikkei
- BAYN GY : Bayer Says New Crop Fungicide Approved in Brazil for ’18-19
- BAYN GY : Bayer’s Adjusted 2017 Earnings Per Share to Drop After Covestro
- BKT SM : Bankinter Nine Month Net Income EU376 Mln
- BEI GY : Beiersdorf Boosts Full Year Revenue Forecast
- BVI FP : Bureau Veritas Confirms FY Target; 3Q Rev Misses Expectations
- CGG FP : CGG Risks Liquidity Crisis if Debt Plan Fails, CEO Tells Echos
- AM FP : Dassault Aviation, Safran Told to Pay in China Contract Dispute
- DBK GY : Deutsche Bank 3Q Adj. Costs EU5.51b vs EU5.64b Earlier Quarter
- DIA SM : DIA Nine Month Adjusted Net EU166.7 Mln, DIA CEO Says Co. Revises Goals For Sales, Adj. Ebitda For Year
- GIL GY : DMG Mori Raises FY Order Intake Forecast to About EU2.6b
- FTI FP : TechnipFMC Third Quarter Revenue Beats Estimates
- GSK LN : Pfizer Is Said to Start Consumer Health Sale in Nov.: Reuters
- ING FP : Ingenico 3Q Rev. Rises 5%; Co. Confirms Growth, Margin Outlook
- MONC IM : Eurazeo Subsidiary to Sell Sell 3.34% Stake in Moncler
- MTX GY : MTU Aero Cuts Rev. Forecast, Raises Adj. Ebit and Net Goals
- MUV2 GY : Munich Re Sees 3Q Loss of EU1.4b on Hurricanes
- NOKIA FH : Nokia Net Sales Miss Estimates; Cuts Networks’ Market Forecast
- ORA FP : Orange Confirms FY Target as 3Q Adj. Ebitda Meets Estimate, Orange Has ’No Signal’ From France on State’s Stake, CFO Says
- PGS NO : PGS Third Quarter Revenue Misses Estimates
- PSM GY : ProSiebenSat.1 appoints JPMorgan for commerce division sale
- RB/ LN : Pfizer Is Said to Start Consumer Health Sale in Nov.: Reuters
- RNO FP : Nissan May Have to Boost U.S. Production by 2022, Munoz Says
- SU FP : Schneider Raises 2017 Revenue, Margin Objectives
- SCR FP : Scor Reports 3Q Loss EU267M; Cites Hurricanes, Earthquakes
- SIKA SW : Sika Nine Month Ebit CHF669.0 Mln
- WAF GY : Siltronic Third Quarter Ebitda Beats Highest Estimate
- STM FP : STMicroelectronics Third Quarter Gross Margin Beats Estimates
- TCH FP : Technicolor Repeats 2017 Targets in 3Q Trading Commentary
- TEF SM : Telefonica Third Quarter Oibda Meets Estimates
- TSLA US : Tesla’s Employee Dismissals Are Said to Spread to SolarCity:CNBC
- TEVA US : Teva Sues Eli Lilly to Block Competing Migraine Treatment
- HO FP : Thales Says Told to Pay EU64M in China Contract Dispute
- VACN SW : VAT Group Offering Prices at CHF127 Per Share: Statement