Dow-0.66% S&P-0.72% Nasdaq-0.82% Russell-0.92%
US Market closed lower. S&P Still in positive territory for the year, +0.2%. Equity indices slipped into the open after overnight selling pressure in oil drove the commodity below the $37.00/bbl price level. This price action came after the American Petroleum Institute reported that crude stockpiles rose by 2.9 million barrels versus a decrease of 3.6 million barrels last week. An hour after the open, the Energy Information Administration disclosed a build of 2.629 million barrels on their weekly crude inventory report versus an expected draw of 2.457 million barrels. The commodity fell 2.9% on the day, ending at $36.80/bbl. the commodity-sensitive energy (-1.5%) and materials (-1.0%) sectors posted the largest losses while utilities (-0.2%), consumer staples (-0.4%), healthcare (-0.5%), industrials (-0.8%), technology (-0.8%), consumer discretionary (-0.8%), and financials (-0.8%) outperformed. Volume were light again with less than 600mil shares. VOD +1.3% said to be in new merger talks with Liberty global, CMRX+3.8% on Point72 5.3% passive stake, CHLN+7.4% on 1 for 50,000 reverse stock split. Asia's key equity indices were either closed for extended New Year's holidays or went out after a half day of generally listless action. Australia's ASX was down modestly on the day, closing 2015 off by nearly 2%. Hang Seng is also finished for 2015, rising marginally but falling over 7% for the year - the biggest annual loss since 2011. TOSBF (Toshiba 6502.JP): Japan govt investment fund Innovation Network Corp. of Japan (INCJ) plans to support overhaul of electronics and other business units - Nikkei; +5.6%
Nikkei closed Hange Seng +0.15% Shanghai -0.38%
Eur$ 1.0931 JPY 120.43 CNY 6.4934 GBP 1.4823 CHF 0.9896 RUB$ 74.1591 WTI $36.65(+0.14%)
S&P+0.12% EuroStoxx Closed Dax Closed SMI Closed
Macro :
- Puerto Rico to Default on $37 Million of Payments Due Jan. 1
- Goldman Expects 3% Treasury Yields Next Year, Echoing 2015 Call
- In World With Too Much Crude Oil, 1,100-Foot Steel Monsters Rule
- Rally in Energy Stocks Not Enough to Save Worst Month in 3 Years
- Swift Data for International Transaction : USD (42.7%), EUR (29.5%), GBP (8.9%), and JPY (2.7%), CNY(2.3% from 1.9% YOY)
Keep an eye on :
- ABI BB : Compania Cervecera Canarias put up for sale by AB InBev - El Confidencial
- ABG SM : Abengoa Seeking to Sell Stalled Brazil Projects: Reuters
- ACS SM : ACS to Electrify, Maintain Israel Railways Lines: Expansion
- CCL LN : Carnival to Build 4 Cruise Ships as Part of Pact W/ Fincantieri
- CON GY : Continental May Lose Sales on VW Exhaust Scandal, CEO Tells BZ
- CON GY : Continental to make buys to boost services competencies - BZ
- DAI GY : Daimler’s Uebber Rejects Spinoff, IPO for Commercial Vehicles
- DBK GY : Deutsche Bank Sued by German City of Pforzheim Over Swaps
- FAGR BB : Fagron Gets Waiver From Financiers Through End of March
- GENL LN : *GENEL ENERGY COMMITTED CÔTE D'IVOIRE DRILLING PROGRAM ENDS
- IFX GY : Infineon Balances Sales, Margins in Fragmented Industrial Market
- ITX SM : Inditex Workers in France Reach Sunday Work Accord, AFP Says
- MMB FP : Mondadori May Buy Lagardere’s Tele 7 Jours Magazine: Les Echos
- OCI NA : Nassef Sawiris Buys 29,952 OCI Shares for EU22.66 Apiece: Filing (3rd day in a row...) {OCI NA Equity HDS<Go>}
- SPD LN : Sports Direct Says Workers to Be Paid Above National Min Wage
- STL NO : Statoil Says Output at Troll Unaffected by Storm, Rig Incident
- VOD LN : Vodafone, Liberty Global Said in New Merger Talks: Daily Mail