Dow -0.78% S&P -0,86% Nasdaq -1.45% Russell -0,64% VIX +15.3%
US Market closed Lower in the same move as tuesday. Today is the last day of H1. more Window Dressing. No specific reason for today's slide, but another quick jump in long-term rates certainly didn't help. Tech lower & Financials higher after Thu stresstest announce. Crude oil eked out a slim victory, its sixth in a row, which helped the energy sector fend off the bears throughout Thursday's session. WTI crude advanced 0.1% to a price of $44.76/bbl. Rite Aid (RAD 2.89, -1.04) and Walgreens Boot Alliance (WBA 78.37, +1.28) terminated their merger agreement and signed a new deal whereby Walgreens will acquire 2,186 RAD stores, related distribution assets, and inventory from Rite Aid for an all-cash purchase price of $5.175 billion. US After Hours NKE +8% following earnings and boosting Athletic retailers, WMAR +30% on acquisition news... AOBC -9% following earnings/guidance. ASian mkt trading lower, Hang Seng has led China market declines. Small-cap volatility has picked up again with names like GreaterChina Professional Services and China Jicheng falling 9% and 20% respectively The S&P Hong Kong HKEX Growth Enterprise Market Index is down 11% so far this week. Nikkei is lower with yen strength getting some of the blame. Data showed an in-line rise in Japan core CPI and a surprise jump in the national jobless rate.
Nikkei -1.11% HAng Seng -0.62% CSI -0.09% Shanghai +0.04%
Eur$ 1.1435 CNH 6.7672 CNY 6.7693 JPY 111.93 GBP 1.3009 CHF 0.9568 RUB 59.2433 WTI$ 45.24 +0.69%
S&P +0.04% EuroStoxx +0.09% FTSE -0.10% DAX +0.16% SMI +0.05%
Macro :
- U.K. Water’s Era of Peak Valuations Set to End: Credit Suisse
- France Had 1.3m Fewer Tourists in 2016, Le Figaro Reports
- China June Manufacturing PMI 51.7; Est. 51.0
- Fed’s Bullard Says Balance-Sheet Unwind Won’t Roil Markets
Keep an eye on :
- AMUN FP : Oddo in Talks to Buy ACG Capital Funds of Funds Business: Echos
- APRN US : Blue Apron Trades Below $10 IPO Price Post-Market
- CABK SM : Caixa Seguridade Rejects CNP Proposal to Renew Partnership
- CA FP : Carrefour Brazil IPO Cash Could Boost M&A: Street Wrap
- COL SM : Spain’s Colonial to Pay Eu0.165/Shr Gross Dividend: Filing
- CBK GY : Commerzbank to Sign Off on Job Cuts in Mid-July: Handelsblatt
- 1COV GY : Covestro’s Growth and Cash Generation Outlook Disappointing: DZ
- DBK GY : Deutsche Bank Declines to Provide Dems With Trump, Russia Info
- HBH GY : Hornbach Holding 1Q Net Income EU63.9m
- HDD GY : Heidelberger Druck Targets Double-Digit Ebit Margin: BZ
- IAG LN : IAG CEO Says Airlines Will Fill Alitalia Capacity ‘Immediately’
- DEC FP : JCDecaux Wins 20-Year Bus, Tram Shelter Ad Contract for Helsinki
- KER FP : Pinault’s Artemis Buys Stake in Maison Valli, Seeks Majority
- MU US : Micron 4Q Adjusted EPS View Tops Est.
- KN FP : Natixis Global Asset Mgmt in Talks to Buy Althelia Ecosphere
- NKE US : Nike 4Q EPS Beats Highest Est.; Shares Rise 2.7%
- NVDA US : Nvidia Would Win vs AMD in Crypto-Currency Specific Cards: RBC
- 1913 HK : Prada to Stop Issuing Preliminary Sales, Change FY End Date
- RB/ LN : Reckitt Benckiser ‘Looks Cheap’ as MS Sets PT at 30% Premium
- ROG VX : Roche Buys Diabetes Management Platform MySugr
- RWE GY : RWE Seeks to Buy Power Plants to Profit From Higher Prices: FAZ
- SGO FP : Saint-Gobain Buys SimTek Fence to Expand U.S. Exterior Business
- TECH FP : Technicolor Cuts Profit Outlook as Costs of Computer Memory Rise
- UNI IM : Unipol to Transfer to New Co. Impaired Loans Worth About EU3b
- USAP US : Universal Stainless Rejects Unsolicited Offer From Synalloy
- VIV FP : Vivendi Says Could Exit Ubisoft to Focus on Other Target: Figaro
- WPP LN : WPP Says Some Companies Still Affected After Malware Attack