Fresh concerns about the outlook for technology giants led to a selloff in U.S. and European equity futures and Asian shares on Friday. Treasuries rallied and the yen strengthened.
Nasdaq 100 contracts fell over 2.5% following a string of reports from the likes of Amazon.com Inc. and Apple Inc., with the iPhone maker down more than 4% in after-hours trading. Shares tumbled across Asia, with stocks in South Korea and Japan faring worst. Benchmark Treasury yields fell back toward 0.8% and the dollar steadied. The yuan pushed higher amid month-end adjustments.
The S&P 500 had earlier bounced back a day after its biggest rout in four months, with investors encouraged by better-than-forecast economic data even as they kept a wary eye on growing coronavirus infections. Crude oil declined.
US After Hours GOOG +5.9%; TWTR -16.9%, AAPL -4.7%, FB -2.1%, AMZN -2%, SBUX -1.4%; TRUP +16.3% up big as AFL takes a stake
Nikkei -1.35% Hang Seng -1.45% CSI -1.18% Shanghai -0.86% Shenzen -1.58%
Eur$1.1680 +0.22% CNH 6.6897 CNY 6.6893 JPY 104.18 GBP 1.2910 CHF 0.9142 RUB 79.0490 TRY 8.2778 WTI$ 35.44 -2%
S&P -2.00% Nasdaq -2.43% EuroStoxx -1.60% FTSE -0.90% Dax -1.72% SMI -1%
Macro :
- Jack Ma’s Ant IPO Lures $2.8 Trillion in Growing Investor Frenzy
- Germany Prepares Rules to Foster Stock Options for Startups
- U.S. Stocks Face 20% Slide With Contested Election, BofA Says
- Ant’s Hong Kong IPO Retail Offer 154x Oversubscribed: HKEJ
- Ant’s Retail Offer for Shanghai Listing 872.31 Times Subscribed
- The New Haven for Global Investors May Be Emerging-Market Stocks
Keep an eye on :
- AF FP : KLM Bailout Threatened By Salary Cut Standoff: Telegraaf
- ATC NA : Altice USA 3Q Revenue Misses Estimates
- AKBMME NO : Aker Biomarine 3Q Net Income $2.39M
- AMUN FP : Amundi 3Q Net Inflows EU34.7B
- BBVA SM : BBVA 3Q Net Income Beats Estimates
- BCP PL : BCP 9-Month Net Income Falls 46% on Additional Impairments
- BMPS IM : Italy in Talks With Paschi on $1.75 Billion Capital Increase
- BPM IM : Giorgio Girondi Raises Stake in Banco BPM to 5%: Consob Filing
- BRNL NA : Brunel 3Q Revenue EU209.6M
- CABK SM : CaixaBank 3Q Net Income Beats Estimates
- CO FP : Casino Hurt by Lack of Tourists Shopping in French Supermarkets
- CON GY : Continental AG Says CEO Degenhart to Resign
- EDP PL : EDP 9M Net Income EU422M
- EUCAR FP : Hertz Plans $4B More Borrowing to Revive Vehicle Fleet: DJ
- EPR NO : Europris 3Q Adjusted Ebitda Beats Estimates
- EQNR NO : Equinor Considers 3 Floaters for Barents Sea Project: Upstream
- FER SM : Ferrovial 9M Net Loss EU498M Vs. EU104.0M Y/y
- FSKRS FH : Fiskars 3Q Revenue Beats Estimates
- FLS DC : FLSmidth Delays Payments to Suppliers to Help Liquidity: Borsen
- FFARM NA : Forfarmers Sees FY Underlying Ebitda, Net ‘Comfortably’ Up Y/Y
- FRA GY : Frankfurt Airport to Have Less Than 20m Passengers This Yr: FAZ
- GVNV NA : GrandVision Continues to Back EssLux in Getting Regulatory Nod
- HOFI SS : Hoist Finance 3Q Pretax Profit Beats Estimates
- BAER SW : Julius Baer to Set up Wealth Management JV in China: Reuters
- KIN BB : Kinepolis 3Q Adjusted Ebitda Positive; Net Profit Negative
- KOG NO : Kongsberg 3Q Ebitda Beats Estimates
- KOA NO : Kongsberg Automotive 3Q Adjusted Ebit EU13.9M Vs. EU13.9M Y/y
- LHN SW : LafargeHolcim 3Q Recurring EBIT Beats Estimates
- LONN SW : Lonza, AstraZeneca to Manufacture Covid-19 Antibody Combination
- LU US : China Fintech Firm Lufax Said to Raise $2.4 Billion in U.S. IPO
- LUNE SS : Lundin Energy 3Q Ebitda Beats Estimates
- NOVOB DC : Novo Nordisk 3Q Ebit Misses Estimates
- PRX NA : Prosus to Buy up to $5b in Naspers, Prosus Shares
- PROX BB : Proximus 3Q Adjusted Revenue Beats Estimates
- RIB GY : RIB Software 3Q Oper Ebitda EU13.7M
- SAF FP : Safran Confirms FY Outlook, 3Q Sales Drop 45%
- SGO FP : Saint-Gobain 3Q Organic Sales +3.2%
- SNBN SW : SNB 9M Profit CHF15.1B
- STCBV FH : Stockmann 3Q Net Sales Beat Estimates
- SREN SW : Swiss Re 9M Net Loss $691M Vs. Profit $1.34B Y/y
- TEF SM : Telefonica Received Interest for Stakes in Tech Units, COO Says
- UBI FP : Ubisoft Cuts FY Net Bookings Forecast
- VRLA FP : Verallia SA Sees FY Adj. Ebitda About EU590m, Est. EU552.7m
- VIS SM : Viscofan 3Q Ebitda EU58.7M
- VOLVB SS : Volvo to Sell UD Trucks to Isuzu For SEK20b as Part of JV Deal
- VOW3 GY : Porsche CFO ‘Confident’ in Achieving Double-Digit Profit Margin