Dow -0.20% S&P +0.11% Nasdaq +0.38% Russell +0.32%
US Market closed Slightly higher. Oil was the major catalyst to push mkt higher. WTI$49.47 +2.2% after EIA Report. Energy Sector +1.2%. AMZn +2.1% and pushed Cons. Disc. higher +0.6%. Financials -0.5%, Utilities -0.5%, all of the remaining sectors--industrials, materials, technology, consumer staples, telecom services, and real estate--failed to distinguish themselves from the broader market, settling higher. US After Hours PRGS +9% following earnings / CFO / DataRPM acquisition news, COP +6% on CVE deal and $3 bln repurchase authorization... CRTN -31%, LULU -18% following earnings/guidance. Asian equity markets are down modestly, tracking a lackluster session on Wall St where Energy sector rallied on a jump in oil prices while Financials lagged as US interest rates turned lower. Australia continued to outperform, helped by strength in iron ore boosting miners, with ASX200 index adding to near-2 year gains as it approaches the psychological multi-year high level of 6,000. Shanghai Composite was one of the worst performers, as investors ponder PBOC support after the central bank skipped its reverse repo operation injection for the 5th straight day. USD majors traded mostly in narrow ranges with an upside bias for the greenback. USD/JPY hit session highs of 111.40 after a press report citing US Transportation Sec Chao that Pres Trump will announce a $1T infrastructure package later this year that will run for 10 years and cover energy, water, and potentially broadband and veteran hospitals. Toshiba spiked up over 3% after reports of Westinghouse coming to terms with bankruptcy proceedings. Samsung Electronics has launched its Galaxay S8 smartphone featuring smaller battery and a high-end AI system.
Nikkei -0.85% HAng Seng -0.37% CSI -0.80% Shanghai -0.91%
Eur$ 1.0756 CNH 6.8805 CNY 6.8921 JPY 111.19 GBP 1.2438 CHF 0.9973 RUB 56.7077 WTI$ 49.68 +0.34%
S&P +0.06% EuroStoxx +0.08% FTSE +0.04% Dax -0.02% SMI +0.11%
Macro :
- House GOP Said to Weigh Another Try on Obamacare Vote Next Week
- Housing Better Bet Than Commercial Real Estate: Morgan Stanley
- Germany Said to Speed Planned Warship Purchase: Handelsblatt
- U.S. Individual Investor Bulls Fall to 3-Week Low: AAII
- Paulson & Co. Said to Cut Bonuses to Top Executives: Fox
Keep an eye on :
- ADS GY : Lululemon Drops 18% Post-Market After 1Q Views Trail Estimates
- AIR FP : Airbus Sees 2016-2035 LatAm Demand at 2,570 Commercial Planes
- AIR FP : Airbus A400m Clients Meet in Madrid Thursday, Le Figaro Says
- BAYN GY : Bayer-Monsanto Deal Will Be Finalized by Year-End: Grant
- DTE GY : Amazon Plans to Offer Mobile Phone Services in Germany: Wiwo
- EKTAB SS : Elekta Repayment of Convertible Bond ‘Unsurprising’: Berenberg
- ENGI FP : Engie Energia Chile Hits 5-Year High as It Catches Up With Peers
- HMB SS : H&M 1Q Pretax Beats Est.
- DEC FP : JCDecaux Says It’s Worried About Paris Bike-Share Media Reports
- LIGHT NA : Standard Life Investment Holds 3.02% Philips Lighting Stake: AFM
- LONN VX : Lonza Proposes To Issue 22m New Shrs; Set to Raise ~CHF2.3b
- LSE LN : LSE Won’t Sell Unit to Euronext, Euronext CEO Tells La Tribune
- MC FP : LVMH’S Biver Says His Baselworld Orders Rose 25%-40%: BaZ
- LULU US : Lululemon Rises 3.5%, Options Active Ahead of Earnings
- NOKIA FH : Nokia Says Horan, Kozel Proposed as New Board Members
- NYR BB : Nyrstar Shares Surge as Citi Says Zinc Settlement Should Help
- OPERA NO : Opera Software Targets $550-650m in Revenue in 2017
- PR IM : *PREMUDA SHARES SUSPENDED FROM TRADING PENDING NEWS, BORSA SAYS
- REP SM : Repsol Plans Dividend Equivalent to About EU0.45/Share
- SOLB BB : Solvay to Sell Polyolefin Cross-Linkable Compounds Business
- VOW3 GY : Volkswagen Says It Has EPA Approval to Sell Repaired Diesels