Dow +1.57% S&P +1.78% NAsdaq +2.12% Russell +1.62%
US MArket Closed higher following Asian & European Mkt, better Q1 GDP Data and an improved US consumer confidence also helped the sentiment. In front of the pack, commodity-sensitive energy (+2.6%) led heavily-weighted financials (+2.5%), technology (+2.0%), health care (+2.0%), and consumer discretionary (+1.9%). Conversely, countercyclical telecom services (+0.3%), utilities (+0.3%), and consumer staples (+0.6%) finished with the slimmest gains. Energy was helped by a strong rebound on oil (+3.1% @ $47.92/bbl). IBB +3.8%. FB rallied 3.4% helping heavy tech to outperformed. Volume were above average with more than 1bil shares traded. US After Hours NKE-5% on numbers. Asian equity markets were on the upswing, tracking the solid gains made in US indices, as post-Brexit worries continue to subside. Quarter-end window-dressing and short-covering cited for this rally. PM Cameron reiterated invoking Article 50 is the matter for the next PM in Sept and expressed confidence in maintaining close relationship through negotiations, just as EU's Juncker called for quicker submission of the withdrawal. The "redo-Brexit-vote" movement is also gathering steam with protests in London. Outside of Brexit uncertainty, an explosion attributed to ISIS suicide bombers rocked a Turkish airport, killing over 35 people. Japan govt and BOJ held another joint meeting to help reverse sentiment behind the recent rally in JPY. In China, local press speculated the govt is considering measures to boost private investment and may announce some new plans in H2. Report noted govt should reduce regulatory costs and increase financial support for private companies. In another sign of easing strain, PBoC's Yuan fix was set stronger for the first time since the Brexit vote.
Nikkei +1.56% Hang Seng +0.59% CSI +0.31% Shanghai +0.49%
Eur$ 1.1059 CNH 6.6685 CNY 6.6537 JPY 102.23 GBP 1.3304 CHF 0.9811 RUB$ 64.1006 WTI$ $48.07 +0.46%
S&P +0.18% EuroStoxx +1.42% Dax +1.31% SMI +1%
Macro :
- CDL Chairman Says to Buy London Properties If There Are Bargains
- Brexit May Spur Deals Between U.K. and Israeli Firms, Leumi Says
- Airbnb Said to Be Seeking Funding at a $30b Valuation: NYT
- Schaeuble Planning Stricter EU Financial Rules: Handelsblatt
Keep an eye on :
- ABE SM : Abertis Shares Sold by OHL at EU11.75/Share ( OHL Starts Placing 7% Stake in Abertis Infraestructuras)
- ADS GY : Nike Sees 1Q Sales Up Mid-Single-Digit Percent vs Est. Up 9%
- ALO FP : Hitachi, Alstom Win Italy Train Order in Part of EUR4.5B Tender
- AAPL US : Buy Apple; iPhone 7 Is ‘Obscuring a Powder Keg,’ Cowen Says
- ATC NA : Altice Growth Lies in U.S., CEO Combes Tells Le Figaro
- AZN LN : *ASTRAZENECA SUES FDA TO SHIELD CRESTOR FROM GENERIC COMPETITION
- BEKB BB : Bekaert Says Bridon-Bekaert Ropes Group Begins Business, Bekaert Appoints Beatriz Garcia-Cos Muntanola as CFO
- CABK SM : CaixaBank Said to Pick Gual as Next Chairman: Expansion
- BN FP : Danone Starts Talks Over Minority Michel & Augustin Stake
- OLE SM : Deoleo Presented New 2016-2021 Strategic Plan Ahead of Agm
- ERICB SS : Ericsson Chairman Says Anti-Corruption Work Is ‘Key Priority’
- ETE US : Energy Transfer Ends Merger Talks With Williams Cos.
- FCC SM : Bill Gates Seeks Higher Price from Slim for FCC: El Confidencial
- HELN SW : Helvetia Group CEO Loacker Steps Down, Replaced by Gmuer
- KU2 GY : Kuka, Midea Group Sign Investment Agreement, Kuka Says
- NKE US : Nike Drops to 10-Month Low After Results; Sports Names Follow, Nike Sees 1Q Sales Up Mid-Single-Digit Percent vs Est. Up 9% --->-7% after Hours
- SDRL NO : Seadrill Partners Signs Extended Standby Deal for West Capricorn
- VIE FP : Veolia Extends Contract With Milwaukee Sewer District
- V US : Visa May Shift Jobs From U.K. Once EU Exit Is Set: Sky
- VOD LN : Vodafone Weighs Future of Headquarters After U.K.’s Brexit Vote