Dow +0.65% S&P +0.76% NAsdaq +0.78% Russell +1.89%
US market closed hgher after 2 days of decline. A better than expected ADP National Employment Report for May (253,000 actual vs 180,000 Briefing.com consensus) was enough to place the major averages a tick above their flat lines at the opening bell. However, the early momentum stalled immediately thereafter as the S&P 500 faced some technical resistance at its previous record close. WTI traded +0.5% @ $49.17 to close flat a $48.32, Energy +0.7%. Tech mad a pause underperforming but still leading the ytd perf. US after hours LULU +15% and AVGO +4.4% following earnings/guidance, semi names higher... RH -24%, BOOT -15%, ZUMZ -8%, VMW -2% following earnings/guidance. Asian Market mostly higher. Risk sentiment has turned positive on most markets. Equity gains have occurred alongside dollar strength versus the yen, and are contrasting with weakness in precious metals. Nikkei has made headlines by topping the key 20,000 level for the first time since December 2015.
Nikkei +1.79% Hang Seng +0.39% CSI -0.57% Shanghai -0.32%
Eur$ 1.1219 CCNH 6.7845 CNY 6.8137 JPY 111.68 GBP 1.2877 CHF 0.9710 RUB 56.4373 WTI$ 47.95 -0.85%
S&P +0.23% EuroStoxx +0.81% Dax +0.64% FTSE +0.63% SMI +0.58%
Macro :
- Fired FBI Chief to Testify June 8 as Russia Probes Heat Up
- After Monte Paschi, Italy’s Other Troubled Banks Come Into View
- France, Germany, Italy Believe Paris Deal Not Renegotiable: Rtrs
Keep an eye on :
- AC FP : Accor to See Above-Industry Growth, Whitbread to Lag: Goldman
- BCRA FP : Baccarat: Fortune Fountain to Buy 88.8% Stake at EU222.70/Share (14% below mkt price)
- BMA SM : Triton Eyes Befesa Sale for EU3 Billion, Expansion Says
- BLT LN : BHP Says Mining Resumed at Full Capacity at Iron Ore Operation
- BLT LN : BHP Says ’Disappointed’ by U.S. Decision to Quit Paris Accord
- EVK GY : Evonik’s New CEO Seeks to Raise Adj. Ebitda Margin to 18-20%
- GIG NO : Gaming Innovation Shareholders Sell 70M Shares at NOK5.40/Share
- GEBN VX : Geberit Says Share Buyback Program to Start on June 6
- GSK LN : Glaxo Says Two-Drug HIV Regimen Filed for U.S., EU Approval
- INGA NA : ING May Shut or Merge About 480 Record Bank Branches: De Tijd
- LIN GY : Linde Supervisory Board Said to Approve Praxair Deal (Linde holders will get 1.54 shares in new holding co. for each Linde share, Praxair holders to get 1 share in new co. per PX share)
- LULU US : Lululemon Cuts FY Net Rev. View, Midpoint Trails Est.
- NOVN VX : Novartis Gives Further Data on Efficacy, Safety of Kisqali
- ORA FP : Orange to Invest Max. EU500m Over 10 Yrs in French Bank: CEO
- POP SM : Popular Said to See New Provisions Need of Max. EU2b: Expansion
- SGO FP : Wendel to Sell EU1B of Saint-Gobain Shares in Private Placement
- Spotify IPO : Spotify Has No Plans for IPO, Founder Lorentzon Tells SR
- TIT IM : Telecom Italia Is Said to Name De Puyfontaine as Chairman
- DG FP : Vinci Gets EU111.4m Order for University of Hull Student Housing
- VIV FP : Vivendi May Seek to Sell 10%-20% of Universal Music: Figaro
- VOLVB SS : Volvo Cars May Sales Rise 12.2% to 47,247 Vehicles