Global stocks and equity futures saw choppy trading Tuesday as investors weighed whether coronavirus cases will hurt the global economy and stimulus talks in Washington dragged on. The dollar retreated.
U.S. futures edged higher with their European counterparts, while Asian stocks pared earlier losses. Shares were little changed in Japan and China, and slipped in South Korea, Australia and Hong Kong. Declines were more modest than those seen in the U.S. overnight, when the S&P 500 saw its biggest loss in a month. Ongoing spending talks in Washington continued to weigh on sentiment as prospects dimmed for fiscal aid before the presidential election.
The 10-year Treasury yield steadied around 0.8%. Oil climbed with copper, while gold edged higher.
US After Hours AIG +6.7% jumps as it plans separation and names new CEO; VRNS +9.5%, TNET +9.3%, FFIV +4.9% up on earnings
Nikkei -0.04% Hang Seng -0.44% CSI +0.25% Shanghai +0.13% Shenzen +0.52%
Eur$ 1.1833 CNH 6.6942 CNY 6.7008 JPY 104.73 GBP 1.3036 CHF 0.9067 RUB 76.3544 WTI$ 38.95 +0.99%
S&P +0.32% Nasdaq +0.34% EuroStoxx +0.32% FTSE +0.20% Dax +0.51% SMI +0.46%
Macro :
- France’s Trade Deficit to Widen to About EU80B in 2020: Riester
- VIX Hits Seven-Week High Even as Bets Jump on Post-Election Calm
- Stocks Can No Longer Pretend 2020 Will Be a One-Off
- Boris Johnson Hit by Lockdown Revolt From More Than 50 Tories
- Airplane Parking Lot in Middle of Nowhere Has Never Been Busier
Keep an eye on :
- ACE IM : Acea Sees 2024 Ebitda at EU1.4b, Min. Div. of EU0.80 in 2021
- ADE NO : Adevinta 3Q Operating Revenue Meets Estimates
- AMS SW : AMS Sees 4Q Revenue $650M to $690M
- BG AV : Bawag 3Q Pretax Profit Misses Estimates
- IAG LN : Dubai in Talks on London Air-Travel Agreement to Boost Demand
- BUCN SW : Bucher 9M Orders CHF1.96B
- BZU IM : Buzzi Unicem JV to Buy CRH Operations in Brazil for $218m
- CAP FP : Capgemini to Exceed Mid-Point of 2020 Growth, Margin Forecasts
- ELK NO : Elkem 3Q Ebitda Misses Estimates
- FCA IM : Fiat Chrysler 9-Mo. Italian Output Declines 27%, Union Says
- HSBA LN : HSBC Beats Estimates as Loan Losses Seen at Lower End of Range
- IDIA SW : Idorsia 3Q Operating Loss CHF110.0M, Est. CHF130.7M
- IMPN SW : Implenia Sees Up to 2,000 FTEs Affected From Restructuring
- KEMIRA FH : Kemira 3Q Oper Ebitda EU113M
- MAIL LI : Mail.ru Holder Sands Capital to Sell 3.6m GDRs: Terms
- MCHN SW : MCH to Propose Revised Capital Raise After Holders Settlement
- NTGY SM : Naturgy, Macquarie, Plenium Seek to Buy T-Solar: Confidencial
- NOVN SW : Novartis 3Q Core EPS Beats Estimates
- NXPI US : NXP Semi 4Q Revenue Forecast Beats Estimates
- PDL LN : Petra Diamonds 1Q Revenue $82.0M
- RAA GY : Rational 3Q Ebit Falls 40% y/y; FY Outlook Not Possible
- RESURS SS : Resurs Holding 3Q EPS Misses Estimates
- RR/ LN : Rolls-Royce Prepares Temporary Closures and Cuts to Hours: FT
- SAN SM : Banco Santander FY Underlying Profit Forecast Beats Estimates
- SAN SM : Santander Rebounds from Historic Loss With Profit, Capital Boost
- SK FP : SEB Sees FY Like-for-like Sales -5% to -6%
- SHA GY : Schaeffler Prelim 3Q Revenue Matches Estimates
- SIGN SW : SIG Combibloc 3Q Adjusted Ebitda Margin 30.2% Vs. 27.7% Y/y
- TECN SW : Tecan Gets $32.9m U.S. Govt Investment in Pipette Tip Production
- TIETO FH : TietoEVRY 3Q Adjusted Operating Profit Beats Estimates
- TRELB SS : Trelleborg 3Q Ebit Beats Estimates
- VOW3 GY : Volkswagen CEO Says Auto Sector Doesn’t Need More Stimulus: FT
- XXL NO : XXL 3Q Ebitda Beats Estimates; Plans to Open Four New Stores