Dow -0.36% S&P -0.32% Nasdaq -0.03% Russell -1.15%
US MArket Closed lower. White House later said that President Trump does not support a phase-in approach, but equities continued trending sideways at session lows. Telecoms paced Monday's retreat after the Nikkei Asian Review reported that Sprint's parent company, SoftBank, plans to end merger talks between Sprint(-9.3%) and T-Mobile US(-5.4%). The two wireless names moved sharply lower following the report, but pared some of their losses after CNBC's David Faber said parts of the report were untrue. AAPL +3.2% after strong indication fo iPhone X demand. US after Hours CBI / MDLZ / ALSN / BURL +5% higher and NLS -10%, SANM -6% lower following earnings/guidance, NSM +6% on potential sale. Asian equity markets have opened generally lower, following the mixed trading session in the US. In the tech sector, chip giant, Samsung Electronics has gained over 1%. The company confirmed its Q3 results, announced a plan to increase capital returns to shareholders and said it plans to raise its FY17 Capex by over 80% y/y. Softbank has declined by over 5%, following the speculation that the merger between Sprint and T-Mobile could be canceled. Shares of Nintendo have risen by over 6%, as the company raised its FY forecast on demand for its Switch device.
Nikkei +0.00% HAng Seng -0.32% Shanghai +0.09% Shenzen +0.69%
Eur$ 1.1644 CNH 6.6274 CNY 6.6263 JPY 113.07 GBP 1.3208 CHF 0.9958 RUB 58.134 WTI$ 53.95 -0.37%
S&P +0.13% EuroStoxx +0.33% FTSE +0.29% Dax +0.03% SMI +0.21%
Macro :
- Pimco Quants Say Beware of Bond Hedges for High-Flying Stocks
- Electric Vehicles to Reach 5% Market Globally By 2022: Macquarie
Keep an eye on :
- AIR FP : Airbus 3Q Better Than Expected, FY Guidance Confirmed: Analysts
- AMUN FP : Amundi, Co-Investors Confirm La Defense Acquisition
- BNP FP : BNP 3Q Rev. Light; Focus on Weak Trading, Corporate Banking: MS
- CAP FP : Cap Gemini Says French Tech Startups Raised EU367M in 3Q
- CLLN LN : Carillion Sells Ask Real Estate Stake for GBP13.8m
- CRDA LN : Croda May See Slower Growth on Tougher 4Q Comps: Morgan Stanley
- DTE GY : SoftBank Doesn’t Have Plan to Withdraw From Sprint Talks: CNBC
- DUFN SW : Dufry 3Q Organic Growth 7.6%; No Decision Yet on Unit IPO
- EDPR PL : EDP Renovaveis Nine Month Net Income EU165 Mln
- ERF FP : Eurofins Selling 2.9% Stake for Balance Sheet Building, M&A
- IAG LN : IAG’s Walsh Sees Brexit Giving U.K. an Edge in Aviation Deals
- JE/ LN : Just Eat Boosts Full Year Revenue Forecast
- RYA LN : Ryanair 3Q Muted, Shows Some Signs of Recovery, Analysts Say
- NOKIA FH : Nokia, Ericsson to Benefit if Sprint/T-Mobile Talks End: Natixis
- OERL SW : Oerlikon 3Q Strong, Guidance Suggest Ests. Up 5%-10%: Baader
- SAN FP : Voyager Plunges After Sanofi Passes on Parkinson’s Option
- SIE GY : Siemens Is Said to Add BofA, BNP, Citi, UBS for Health Unit IPO
- TFI FP : TF1 3Q Sales Beat Estimates; Co. Confirms Outlook TF1 CFO Sees Still ’Limited’ Visibility on French Ad Market
- VOW3 GY : Bosch Loses Bid to Dismiss VW Dealers’ Diesel-Cheating Claims
- WEIR LN : Weir’s 3Q Margins Disappoint, Ebita Estimates Cut at Goldman
- ZC FP : Zodiac Profit Drops 19% on Seat Crisis; Sees Sharp Growth in ’18 Zodiac to ‘Re-Accelerate’ Retrofit of JetBlue’s A321 Cabins: CEO