Stocks are ending the week in a cautious fashion as investors assess valuations following a rapid rise in equities this month and the enduring pandemic in parts of Europe and the U.S. Oil retreated amid rising tensions within OPEC+ members.
Shares underperformed in Australia while Japan edged up, as the MSCI Asia Pacific Index remained on course for a 12% November surge. S&P 500 contracts were steady, European futures dipped and Treasuries advanced.
Volumes may be lower than average on Friday with reduced trading hours for U.S. stocks and bonds. Bitcoin steadied after sliding almost 10% on Thursday. The dollar ticked lower and the yen outperformed.
Nikkei +0.40% Hang Seng +0.33% CSI +0.45% Shanghai +0.36% Shenzen -0.24%
Eur$ 1.1926 CNH 6.5751 CNY 6.5770 JPY 104 GBP 1.3376 CHF 0.9057RUB 75.70 TRY 7.8473 WTI$ 44.98 -1.62%
S&P +0.12% Nasdaq +0.30% EuroStoxx +0.03% FTSE +0.02% Dax +0.02% SMI
Macro :
- Fund Flows To Equities Quickened as Risk-On Mood Prevailed: Citi
- 3G Capital Asks Investors for Time to Find Next Big Deal: FT
- Trump, Still Defiant, Will Give Up Power If College Backs Biden
- U.K. and EU Ready to Restart Brexit Talks Roiled by Coronavirus
Keep an eye on :
- BAMNB NA : Heijmans, BAM Group Plan to Merge Asphalt Plants in AsfaltNu
- BBVA SM : BBVA, Sabadell End Takeover Talks in Disagreement Over Price
- BIOS SS : BioServo Technologies Offering Prices 1.5m Shrs at SEK9.50/Shr
- IF IM : Banca Ifis, IBL Banca Talks on NPL Partnership Unsuccessful
- ENTRA NO : Castellum Gets Positive Response From 20% of Entra Owners: DI
- EGL PL : Mota-Engil Gets 3 New Contracts in Peru Valued at EU125m
- NELES FH : Alfa Laval Has ‘No Panic’ Over Current Situation With Neles: DI
- NYR BB : Nyrstar to Appeal Order of Antwerp Enterprise Court
- SGO FP : Saint-Gobain Says 2H Operating Income Will Rise Like-for-Like
- TIT IM : EU Antitrust Won’t Halt Telecom Italia’s FiberCop Landline Unit
- VWS DC : Vestas Wins 328 Megawatt Order for 2 Wind Projects in Australia