The dollar extended recent declines as traders squared positions ahead of year-end. Asian stocks, U.S. and European futures were mixed amid fading prospects for bigger government aid checks to individuals.
Shares saw strong gains in Hong Kong, China and South Korea, and S&P 500 futures pointed modestly higher. Stocks retreated in Japan and Australia alongside European contracts. Volumes were thin across major markets before the end of the year. Earlier, U.S. equities closed with a slight decline as Senate Republicans blocked an attempt by Democrats to increase direct payments to individuals to $2,000 from $600. An index of small cap shares tumbled almost 2%. Benchmark Treasuries were little changed and oil edged higher.
After Hours Summary: Pretty quiet after hours; OSMT -27.6% falls on FDA letter; IMMP +8.5% rises as it receives US patent
Nikkei -0.45% Hang Seng +1.48% CSI +1.22% Shanghai +0.92% Shenzen +1.24%
Eur$ 1.2282 CNH 6.5042 CNY 6.5290 JPY 103.31 GBP 1.3548 CHF 0.8825 RUB 73.6992 TRY 7.3745 WTI$ 48.22 +0.46%
S&P +0.36% Nasdaq +0.37% EuroStoxx -0.08% FTSE -0.04% Dax -0.04% SMI +0.15%
Macro :
- U.K. Carmakers Seek Brexit Phase-In Period to Avoid Border Mess
- Italy Banks to Sell EU30b of Soured Loans in 2020: Bank of Italy
- France Should Maintain Electric Car Bonuses: Federation
Keep an eye on :
- AZN LN : Astra-Oxford Covid Vaccine Gains First Clearance With U.K. Nod
- CAST SS : Castellum’s Proposed Chairman Open to Klovern, Corem Mergers: DI
- CO FP : Casino, Credit Mutuel Hired Banks to Sell Floa Bank: Echos
- CGG FP : CGG Subscribed to 3.30% of Shearwater Geoservices Shares
- DAI GY : The World’s Best Formula One Team Is Looking Beyond Victory Laps
- DLG LN : Cites speculation at least one company is considering a bid - The Times
- ENI IM : Italy’s ENI Signs Cooperation Agreement With China
- FTIV US : Perella Weinberg Is Said to Ink Deal With Betsy Cohen’s SPAC
- INTC US : Hedge Fund Third Point Urges Intel to Explore Deal Options: Rtrs
- NOVN SW : Novartis Chairman Pessimistic on Alzheimer Treatments: T-A
- RKET GY : Elliott Stake Complicates Rocket Internet’s Plan to Delist
- SPM IM : Saipem Gets Contract in Australia in Joint Venture With Clough
- SAP GY : SAP’s Qualtrics Unit Could Be Valued Over $20 Billion Post-IPO
- SIKA SW : SIX Exchange Reaches Agreement With Sika on Reporting Breaches
- UNI SM : Unicaja Agrees to Buy Rival Liberbank in Boost to Spanish Deals