U.S. equity futures declined and a rally in Asian stocks faded as traders mulled a grim milestone in the coronavirus outbreak which showed continued signs of damage on economies and companies.
Crude oil pared Thursday’s 22% jump, which came after President Donald Trump said Russia and Saudi Arabia would cut production. Stocks sank in Australia and Hong Kong, while South Korean shares fluctuated. Early gains in Japan gave way to losses, while S&P 500 futures fell about 1%. The new coronavirus has now infected 1 million people across the world, just four months after it first surfaced. The yen fluctuated and the euro retreated.
US After Hours TSLA +17.1% jumps on Q1 production update; FATE +22.2% jumps on clinical news and JNJ deal; TGT to start metering guests
Nikkei -0.77% Hang Seng -0.85% CSI -0.55% Shanghai -0.59% Shenzen -0.31%
Eur$ 1.0848 CNH 7.0991 CNY 7.0872 JPY 107.86 GBP 1.2382 CHF 0.9738 RUB 77.4854 TRY 6.6490 WTI$ 24.06 -4.98%
S&P -1.38% Nasdaq -1.08% EuroStoxx -0.15% FTSE -0.85% Dax -0.07% SMI
Macro :
- Goldman Warns S&P 500 Profits May Fall 57% If Worst-Case Strikes
- Uber, Lyft Ride Rev. Down by 50% vs Last Year: The Information
- The World Just Hit 1 Million Coronavirus Infections
- Germany’s Scholz Willing to Offer Italy Quick Financial Aid
Keep an eye on :
- AC FP : Accor: Pandemic to Have Major Repercussions on 2020 Performance
- ADS GY : Adidas Is Said to Seek More Than 1 Billion Euros of State Aid
- AMS SM : Amadeus to Sell EU1.5b in Stock and Convertible Notes: Terms
- APGN SW : APG SGA Cancels FY Dividend of CHF11 Per Share
- AAPL US ; Apple Tells Staff U.S. Stores to Remain Closed Until Early May
- BEI GY : Beiersdorf Pulls FY 2020 Guidance; Prelim 1Q Comp Sales -3.6%
- BMPS IM : Monte Paschi Outlook Lowered to Negative at DBRS Morningstar
- BNP FP : BNP Paribas Fortis Withdraws EU3.53/Share Dividend Proposal
- IAG LN British Airways, Unite Reach Deal Over Virus Crisis, Union Says
- IAG LN : IAG to Cut Capacity By About 90% in April & May
- COPN SW : Cosmo Full Year Pretax Loss EU21.3 Mln, +22% Y/y
- DAI GY : Daimler Signs EU12B Loan Facility Agreement
- DBK GY : Trump Organization Asks Deutsche Bank For Loan Payment Delay
- GN DC : GN Withdraws 2020 Guidance, Postpones Share Buybacks
- HMB SS : *Hennes & Mauritz: Online Sales in March 2020 Increased by 17% in Local Currencies, At 31 March, 3,778 of 5,065 Stores Were Closed, China Demand Has Gradually Started to Recover, Most of Group's Stores Re-Opened
- ITF FP : Interparfums Withdraws 2020 Earnings Guidance
- INTU LN : Intu Says It Won’t Waive Rents for Tenants Who Can Pay: City AM
- KOA NO : Kongsberg Automotive to Fund Liquidity Need Through Debt, Equity
- LHA GY : Lufthansa Bailout Size Hinges on Germany’s Ticket Refund Appeal
- NMC LN : U.A.E. Central Bank Said to Hire A&M to Advise on Finablr Unit
- NOVN SW : Novartis, Incyte to Start Phase III Jakavi in Covid-19 Patients
- RCO FP : Remy Cointreau Warns on 2019/20 Current Operating Profit
- RR/ LN : Rolls-Royce: Ako Capital Has 5.21% Voting Rights Via Derivatives
- RRTL GY : RTL Group Withdraws Outlook for 2020 & Div Proposal for 2019
- RWE GY : Dutch Govt Seeks to Cut Coal-Powered Energy: NOS (April 2)
- SAN SM ;Santander Cancels 2019 Final Dividend, Reviews Future Policy
- O2D GY : Telefonica Deutschland Names Peter Loescher New Chairperson
- 8TRA GY : Traton Seeking M&A, Strategic Partnership Opportunities: WiWo
- UCG IM : UniCredit Reaches Deal With Unions on 5,200 Italy Job Cuts
- UNI IM : Unipol Suspends Dividend Proposal
- UPM FH : Finland’s UPM to Continue Uruguay Pulp Mill Project: President
- UK LN : Ahl Boosts Short Position in Virgin Money UK to 0.90%