U.S. equity futures jumped Thursday and Asian stocks rose, buoyed by robust earnings from technology heavyweights and the prospect of further stimulus to fuel the economic recovery from the pandemic.
S&P 500 and Nasdaq 100 contracts were in the green, with the latter climbing as much as 1% after Apple Inc. crushed revenue estimates and Facebook Inc.reported increases in sales and users. In South Korea, Samsung Electronics Co.beat analyst profit forecasts but warned of further fallout from chip shortages. Hong Kong stocks led Asia higher. Japan is shut for a holiday.
In his first address to Congress, President Joe Biden laid out a $1.8 trillion social-support plan. The package of tax credits and domestic priorities -- including child care, paid family leave and tuition-free community college -- would be funded partly by the largest tax increases on wealthy Americans in decades.
The dollar held at lows after the Federal Reserve signaled it’s not ready to consider scaling back policy support. The Fed said it will continue with asset purchases and described inflation pressures as likely “transitory.” Australia’s 10-year bond yield retreated, following a Treasuries rally in U.S. hours.
US After Hours Busy earnings night, notable names: FB +6.2%, QCOM +5.4%, AAPL +2.3% on upside; NOW -7.3%, EBAY -5.5%, F -3.1% on downside
Nikkei +0.21% Hang Seng +0.50% CSI +0.38% Shanghai +0.26% Shenzen +0.08%
Eur$ 1.2140 CNH 6.4655 CNY 6.4690 JPY 108.54 GBP 1.3957 CHF 0.9091 RUB 74.3509 TRY 8.1975
S&P +0.57% Nasdaq +0.88% EuroStoxx +0.15% FTSE +0.12% Dax +0.13% SMI +0.09%
Macro :
- Saudis in Talks to Sell Aramco Stake to Global Energy Firm
- Five Takeaways From Biden’s First Address to Congress
Keep an eye on :
Keep an eye on :
- AENA SM : Aena 1Q Net Loss EU241.2M, Est. Loss EU213.6M
- AIR FP : Airbus 1Q Adjusted Free Cash Flow Beats Estimates
- AIXA GY : Aixtron Boosts FY Ebit Margin Forecast
- AMUN FP : Amundi Posts Record Quarterly Profit on Jump in Performance Fees
- ANDR AV : Andritz 1Q Ebita Beats Estimates
- APPL US : Apple Finally Feels the Global Semiconductor Shortage
- ALC SW : Alcon to Acquire U.S. Commercialization Rights to Simbrinza
- ATEA NO : Atea 1Q Revenue Meets Estimates
- BAS GY : BASF Boosts FY Adjusted Ebit Forecast
- BETSB SS : Betsson 1Q Operating Profit Beats Estimates
- BMW GY : Chip Shortage to Halt Mini Car Production in Oxford: FT
- BPOST BB : Bpost Is Putting Ubiway Retail Unit up for Sale: Tijd
- BT/ LN : BT Is Said to Be in Talks With Amazon, Disney on Sports TV Stake
- CADLR NO : Cadeler Offering of 23m Shares Prices at NOK34.5/Share
- CAP FP : Capgemini 1Q Revenue Beats Estimates
- CLN SW : Clariant 1Q Adjusted Ebitda Beats Estimates
- CBK GY : Commerzbank Holders Should Reject Discharging Board: Glass Lewis
- BN FP : Danone Narrows Number of Candidates for Next CEO, Les Echos Says
- DRW3 GY : Draegerwerk 1Q Ebit EU128.9M
- ENGI FP : Engie to End Coal-Based Electricity Output in Chile by 2025
- EQR NO : Equinor 1Q Adjusted Net Beats Estimates
- FIE GY : Fielmann 1Q Pretax Profit EU41.8M Vs. EU17.6M Y/y
- FSKRS FH : Fiskars 1Q Revenue Beats Estimates
- HIAG SW : Hiag Names Rico Muller as CFO
- INTRUM SS : Intrum 1Q Adjusted Ebit Beats Estimates
- JMT PL : J. Martins 1Q Net Income EU58M Vs. EU35M Y/y
- KAYEK IPO : Katek SE Sets Issue Price at 23.00 Euros/SHR
- KCO GY : Kloeckner 1Q Adjusted Ebitda EU130M Vs. EU21M Y/y
- MMB FP : Arnaud Lagardere Pledges No Asset Sales: Le Figaro
- LOGN SW : Logitech 4Q Sales Beat Estimates
- LHA GY : Lufthansa Sees Delayed Rebound as Virus Continues to Grip Europe
- LUNE SS : Lundin Energy 1Q Ebitda Beats Estimates
- MCOVB SS : Medicover 1Q Operating Profit Beats Estimates
- NEM GY : Nemetschek 1Q Ebitda Beats Estimates
- NEX FP : Nexans 1Q Revenue EU1.50B Vs. EU1.57B Y/y
- NOKIA FH : Nokia 1Q Net Sales, Adj. Operating Profit Beat Estimates
- NDA SS : Nordea Bank 1Q Net Interest Income Beats Estimates
- REP SM : *REPSOL 1Q ADJ NET EU471M, EST. EU361.5M
- RR/ LN : Cinven Readies Bid for Rolls-Royce Spanish Unit ITP: Cinco Dias
- SALM NO : SalMar Proposes Leif Inge Nordhammer as New Chairman
- SAN FP : Sanofi Says 97.39% of Kiadis Shares Committed Under Offer
- SIOE BB : Sioen Family Has 97.71% of Sioen, Starts Squeeze-out Offer
- S30 FP : Solutions 30 FY Revenue EU819.3M
- SNBN SW : SNB Posts 1Q Profit of CHF37.7B Thanks to Foreign Currencies
- STAN LN : Standard Chartered 1Q Adjusted Pretax Profit Beats Estimates
- STM FP : STMicroelectronics 2Q Net Revenue Forecast Beats Estimates
- STMN SW : Straumann 1Q Revenue Beats Estimates
- SCMN SW : Swisscom Boosts FY Net Revenue Forecast
- SEV FP : Suez 1Q Ebit Rises 39% on Organic Basis to EU340Million
- TTK GY : Takkt 1Q Ebitda Beats Estimates
- TIT IM : Telecom Italia Plans to Eliminate Huawei as 5G Supplier: Sole
- TIETO FH : TietoEVRY 1Q Adjusted Operating Profit Beats Estimates
- TNOM FH : Talenom Holders Sell About 1m Shares at EU12.50 Apiece: Terms
- TEN IM : Tenaris 1Q Net Sales Miss Estimates
- UMI BB : Umicore Maintains FY Adjusted Ebit About EU1.00B
- URW NA : Unibail 1Q Revenue EU452.2M
- URW NA : Unibail 1Q Revenue EU452.2M
- FR FP : Valeo 1Q Revenue Beats Estimates
- VLA FP : Valneva Launches Proposed Global Offering
- VRLA FP : Verallia 1Q Rev. Falls 6.2%, Confirms Objectives
- VOS GY : Vossloh 1Q Ebit EU12.1M
- WALLB SS : Wallenstam Offering of Shares Prices at SEK127/Share via SEB