Stocks are poised to end 2020 at record highs as most Asian equities gained in curtailed trading on the last day of the year. The dollar traded at its lowest in 2 1/2 years.
Chinese stocks outperformed, with the benchmark CSI 300 Index at a five-year high as the country gave the green light to its first coronavirus vaccine for general public use, and data showed a steady economic recovery. The offshore yuan strengthened to the highest since June 2018. Stocks also climbed in Hong Kong and fell in Sydney. Markets in Japan and South Korea are shut.
S&P 500 Index futures fluctuated after U.S. stocks climbed earlier, with small-cap shares outperforming. Volumes were light during the holiday week, with trading in S&P 500 shares about 25% below the 30-day average. Bitcoin extended its record-breaking rally to surpass $29,000. Bloomberg’s dollar gauge consolidated at its lowest since April 2018 as traders squared currency positions ahead of the year’s end amid thin liquidity.
US After Hours Some year-end additions to indices are the big headline -- ENPH +0.9% is being added to S&P 500; CELH +12.4% and ELF +11.5% get added to S&P SmallCap 600
Nikkei Closed Hang Seng +0.31% CSI +1.32% Shanghai +1.16% Shenzen +1.32%
Eur$ 1.2291 CNH 6.5039 CNY 6.5386 JPY 103.14 GBP 1.3625CHF 0.8820 RUB 74.2830 TRY 7.3723 WTI$ 48.36 -0.08%
S&P +0.04% Nasdaq +0.05% EuroStoxx Closed FTSE -0.71% Dax Close SMI Close
Macro :
- Bond-Guzzling ECB Will Shield the Market From Next Debt Tsunami
- London’s Luxury New Home Slump Stings Asian Developers
- MSCI Confirms Final List of Chinese Securities to Be Deleted
- U.K. Ports Prepare for Close-Up as Brexit Break Finally Arrives
- Johnson’s Brexit Deal Clears Parliament With Just Hours to Spare
- U.S. Investor Bull-Bear Spread 19.3: AAII
Keep an eye on :
- AIR FP : U.S. Posts Details of EU Tariff Change in Boeing, Airbus Dispute
- ATL IM : Abertis Completes Acquisition of Elizabeth River Crossings
- AZN LN : AstraZeneca Submits Data Package to European Medicines Agency
- CS FP : Generali Agrees to Buy Axa’s Greek Operations for EU165m
- CPRI US : Capri Holdings, Brooks Automation to Join S&P Midcap 400
- CNP FP : CNP Finalizes Distribution Deal With Caixa Economica in Brazil
- DBG FP : Derichebourg in Exclusive Talks to Buy Groupe Ecore Holding
- EDF FP : Edison Signs Agreement to Sell Edison Norge to Sval Energi
- FCA IM : Chrysler Heir Presents Competing Proposal to Fiat; Shares Spike
- G IM : Generali Agrees to Buy Axa’s Greek Operations for EU165m
- GFS LN : Iran Accuses U.K.’s G4S of Role in Soleimani Killing, Mizan Says
- IMMU SS : Immunicum Granted FDA Orphan Drug Status for Ilixadencel
- KORI FP : BNP, EDF Invest EU336m in Korian Real Estate Vehicle
- MC FP : Enphase Energy to Join S&P 500, Replacing Tiffany
- TIF US : *TIFFANY TO BE DROPPED FROM S&P 500