Dow -0.15% S&P -0.13% Nasdaq +0.43% Russell -0.07%
US Market closed mixed as crude oil pressured the market. The energy component finished lower by 3.5% ($40.09/bbl; -$1.47), extending its decline from the June 8th closing high to 21.8%. six sectors ended in the red with materials (-0.7%), telecom services (-1.0%), and energy (-3.3%) leading the downside, Tech (+0.4%) & Health care (+0.6%). Biotechnology demonstrated relative strength in the health care sector (+0.6%), as the IBB jumped 1.6%. Volume were in line with average at 829mil shares. US After Hours CGNX +15.5% WMB +2% on earnings/guidance... IDTI -17%, RAIL -12%, TXRH -8.8%, THC -6% following earnings/guidance. Asian equity markets are softer as investors note the loss of upward momentum and disappointing ISM data stateside along with the slide in oil prices back to $40/brl. Hang Seng is closed due to typhoon and Shanghai Composite is flat in the wake of the mixed PMI data out overnight. Japan is underperforming ahead of the formal release of PM Abe's fiscal package, while Australia index is off its lows after the RBA decision to cut rates (25bps to 1.50%).
Nikkei -1.19% Hang Seng - Closed - CSI -0.17% Shanghai -0.05%
Eur$ 1.1179 CNH 6.6513 CNY 6.6474 JPY 102.25 GBP 1.3193 CHF 0.9671 RUB 66.8219 WTI $ 40.09 (+0.07%)
S&P +0.16% EuroStoxx -0.42% Dax -0.32% SMI -0.32%
Macro :
- Oil Retreats to Bear Market as Global Supply Glut Seen Growing
- Icahn Sees Brett Icahn, David Schechter Managing New Portfolio
- China Willing to Study Free-Trade Agreement With U.K.: Ministry
Keep an eye on :
- ABI BB : Anheuser-Busch Sees Completing SABMiller Deal Oct. 10
- AF FP : Air France Strike Cost ’Dozens of Mlns of Euros’: France Inter
- ASML NA : Added to EuroStoxx 50 - changes effective with Aug. 8 open
- BARC LN : Barclays 2016 Profit Estimates Cut, 2017 Raised, Citi Says
- BMW GY : BMW 2Q Profit Beats Estimate; FY Forecast Confirmed
- CBK GY : Commerzbank Reiterates 2Q Net Drops 32%; Says NII Declines 15%, Cuts FY Forecast, Sees Drop in Operating Profit
- CSGN VX : Deleted from EuroStoxx 50 (fast exit Rule) replace by Vinci & ASML - changes effective with Aug. 8 open
- DBK GY : Deleted from EuroStoxx 50 (fast exit Rule) replace by Vinci & ASML - changes effective with Aug. 8 open
- DBK GY : Deutsche Bank Seeks Higher Market Share in M&A, FAZ Says
- DBK GY : Deutsche Bank Buys Barcelona Mall for EU485m: Expansion
- DSM NA : DSM 2Q Ebitda Beats Estimates; 2016 Outlook Revised Upward
- ERA FP : France’s APE: Eramet Stake Purchase Contract Signed on Aug. 1
- ERF FP : Eurofins Scientific 1H Profit Doubles, Revenue Rises 44%
- EZBG BB : Eckert & Ziegler BEBIG 1H Operating Profit EU223,000; Sales Fall
- FME GY : Fresenius Medical 2Q Basic EPS Beats Estimates (Yday)
- IFX GY : Infineon 3Q Segment Result Misses Ests.; Sees 4Q Rev. Rising 3%
- LHA GY : Lufthansa to Reduce Capacity, Sees 2H Unit Rev. Down 8%-9%
- MB IM : Mediobanca Makes Changes to Financials Long/Short Portfolio
- MEO GY : Metro 3Q Ebit Before Special Items Misses Ests., Keeps Outlook
- NOVN VX : Novartis Gets FDA Approval for CyPass Micro-Stent for Glaucoma
- OML LN : Cinven Said to Start Talks for Old Mutual Italy Unit: Reuters
- PFV GY : Pfeiffer Vacuum 2Q Ebit Unchanged, Sales Slip, Keeps Outlook
- REC IM : Family-Owned Recordati Said to Weigh Options Amid Asian Interest
- UBERIPO : Lyft to Evaluate Didi Partnership After Uber Deal: Recode
- UCG IM : UniCredit May Consider EU7b-EU8b Capital Increase: Messaggero
- RIN FP : Vilmorin FY Rev. Beats; Sees FY Current Operating Margin Growth
- VASTN NA : Vastned 1H Direct Result EU1.21/Share; Co. Repeats 2016 Forecast
- VNA GY : Vonovia Raises Guidance Again as Synergies Bigger Than Expected
- DG FP : Added to EuroStoxx 50 - changes effective with Aug. 8 open
- VOW3 GY : Audi VW Korea Fined 17.8b Won; 32 Model Sales Banned