Asian stocks were mixed Thursday as Chinese technology shares pared a climb following a fresh regulatory assault from Beijing. Traders were also cautious as they await U.S. jobs data to gauge the stimulus outlook.
Chinese tech shares listed in Hong Kong came off their highs after criticism of ride-hailing firms highlighted risks from the nation’s ongoing crackdown on private industries. China’s overall market was steady, with traders assessing a central bank step to cushion the economy by helping smaller firms. Commodity-reliant Australia slid on weakness in materials like iron ore.
U.S. equity and European futures fluctuated. Overnight, the Nasdaq 100 edged up to a record and the S&P 500 was little changed. The defensive flavor to trading came amid data suggesting a slower U.S. labor market recovery.
Ten-year U.S. Treasury yields hovered around 1.30%. U.S. payrolls data due Friday will offer clues on the economy and a possible timeline for a reduction in the Fed’s $120 billion of monthly bond purchases. The dollar held a drop.
After Hours Summary: CHWY -9.7%, FIVE -9.2%, AI -8.7%, VEEV -8.4% fall on earnings; CHPT +14.2%, NCNO +6.7%, SMTC +5% higher on earnings; INMB +13.1% higher on positive data
Nikkei +0.21% HAng Seng -0.03% CSI -0.27% Shanghai +0.52% Shenzen +0.15%
Eur$ 1.1839 CNH 6.4554 CNY 6.4612 JPY 109.99 GBP 1.3775 CHF 0.9155 RUB 73.0235 TRY 8.2980 WTI$ 68.34 -0.35% Gold 1814.21 +0.02% BTC 49,600 +1320 ETH 3760 +30
S&P -0.02% NAsdaq +0.02% EuroStoxx -0.10% FTSE -0.01% Dax -0.18% SMI -0.03%
Macro :
- France’s Pension Reform Pushed Until After Election, RTL Reports
- Xi’s Crackdown Keeps Strategists Wary of China Tech Stock Bounce
- Xi’s Crackdown Keeps Strategists Wary of China Tech Stock Bounce
- China Orders Meituan, Didi to Rectify Misconduct by Year-End
- FTSE MIB Index Review Results in No New Inclusions, Exclusions
- *JUST EAT TAKEAWAY.COM, WEIR GROUP TO LEAVE FTSE 100
- *MORRISON, MEGGITT TO JOIN FTSE 100
Keep an eye on :
Keep an eye on :
- AIR FP : Airbus Gets Kazakhstan Order for Military Transporters: Echos
- AAPL US : Japan Warns Against App Deletion on Opaque Rules in Apple Review
- ATG LN : TA Associates, ECI Partners To Sell ~10% of Auction Technology
- BBVA SM : BBVA Returns to Euro Stoxx 50 Index After Shares Bounce Back
- BARN SW : Hershey, Barry Callebaut Extend Strategic Supply Agreement
- CINT SS : Cint Group Holder Nordic Capital Svenska Offers 17m Shares
- CMCOM NA : CM.com Offers About EU100 Million Convertible Bonds
- COFA FP : Coface Says Phalla Gervais to Replace Carine Pichon as CFO
- COFB BB : Cofinimmo Sale by Holder Likely to Price at EU135.50/Shr: Terms
- DIE BB : D'Ieteren Maintains FY Adjusted Pretax Profit At Least +45%
- EKTAB SS : Elekta Buys Turkish Distributor to Strengthen Market Position
- EVT GY : Bristol Myers Squibb Exercises Option for Evotec’s EVT8683
- GRI LN : Grainger Placing Up To ~67.38M Shares, ~9.99% of Share Capital
- HARVIA FH : Harvia Holder Onvest Offers Shares: Terms
- HMB SS : China Regulator Fines H&M For ‘Deceiving, Misleading Consumers’
- TKWY NA : FTSE 100 Loses Tech Star as Just Eat Takeaway Gets the Boot
- MMB FP : Arnault’s Agache Swaps Entire Lagardere Capital Stake for Shares
- MMB FP : JD.com, JIC to Buy 22.36% Stake in Lagardere Travel Retail Asia
- LSG NO : Leroy Seafood Mandates Danske, DNB, Pareto for NOK Green Bond
- MGGT LN : Morrison, Meggitt to Join FTSE 100
- MRW LN : Morrison, Meggitt to Join FTSE 100
- EGL PL : Mota-Engil 1H Net Income EU7.6M Vs. Loss EU5.0M Y/y
- SAS SS : SAS CEO Doesn’t Expect Airline to Tap States for More Aid: DN
- SOBI SS : Advent, GIC to Buy Sobi for SEK235 a Share in Cash: M&A Snapshot
- SAS SS : SAS CEO Doesn’t Expect Airline to Tap States for More Aid: DN
- SOBI SS : Advent, GIC to Buy Sobi for SEK235 a Share in Cash: M&A Snapshot
- STLA IM : BBVA, Stellantis to Join Euro Stoxx 50 Index, Qontigo Says (1)
- STLA IM : Stellantis Buys First Investors to Set Up Auto Finance Arm (1)
- TEF SM : Telefonica Looking for Partner for U.K. Fiber Unit: Confidencial
- TSLA US : Musk Says Tesla FSD Beta 10 Launches Midnight Next Friday (1)