Most Asian stocks rose along with U.S. and European futures Wednesday, extending a global rally as earnings roll in, optimism builds over U.S. stimulus and concern about volatile retail trading eases. The dollar dipped.
Shares outperformed in South Korea and Japan. S&P 500 and Nasdaq 100 futures climbed after Alphabet Inc. and Amazon.com Inc. reported better-than-estimated revenue. U.S. stocks earlier closed higher for a second session. Treasury yields edged up amid a move to fast track a U.S. stimulus plan.
Elsewhere, oil traded at its highest in over a year on tightening global supplies. Chinese equities fluctuated after the People’s Bank of China drained some funds from the financial system.
US After Hours Biggest news is that AMZN reports large beat and Jeff Bezos will transition to Exec Chair in Q3, Andy Jassy will then become CEO; GOOG +7% and DOX +2.6% up sharply on earnings; TENB -10.2%, MTCH -5.7%, EA -4.7% lower on earnings
Nikkei +1% Hang Seng -0.17% CSI -0.26% Shanghai -0.38% Shenzen -0.68%
Eur$ 1.2037 CNH 6.4635 CNY 6.4594 JPY 105.05 GBP 1.3653 CHF 0.8982 RUB 76.0175 TRY 7.1848 WTI$ 55 +0.44%
S&P +0.43% Nasdaq +0.71% EuroStoxx +0.61% FTSE +0.33% Dax +0.52% SMI +0.06%
Macro :
Macro :
- France Considers Extending Payment Period for Covid Loans: Echos
- Roller-Coaster Markets Are Good News for Convertibles
- Roller-Coaster Markets Are Good News for Convertibles
- VIX, Skew, ETF Shorts Show Stock Market Still Pretty Far From OK
- Manchin Doesn’t Back Minimum Wage Proposal in Biden Aid plan
SPACs :
- SPAC Agile Growth Files for $300M IPO; Seeks Nasdaq Listing
- Israeli Startup REE Said to Plan Merger With 10X Capital SPAC
Keep an eye on :
Keep an eye on :
- AIR FP : Airbus $781 Million Space Contract Extension Protects 200 Jobs
- AKSO NO : Aker Solutions Prelim 4Q Adjusted Ebitda About NOK120M
- ALFA SS : Alfa Laval 4Q Adjusted Ebita Beats Estimates
- SAN SM : Banco Santander Books EU1.15b 4Q Restructuring Costs in 4Q
- BCN LN : Bacanora Lithium to Offer 100m Shrs GBP0.45/Shr
- BRG NO : Borregaard 4Q Operating Revenue Beats Estimates
- BP/ LN : BP Says Its Electric Car Chargers Aren’t Profitable Yet
- CINE LN : Cineworld Backs Down in Dispute Over Interest Bill, FT Says
- CINE LN : Cineworld Backs Down in Dispute Over Interest Bill, FT Says
- CON SW : Conzzeta FY Net Revenue Beats Estimates
- ERICB SS : Ericsson Patent Case Against Samsung to Be Probed at ITC
- FNTN GY : Freenet to Buy Back Up to EU135 Million Shares This Year
- HUSQB SS : Husqvarna 4Q Net Sales Beat Estimates
- KAZ LN : KAZ Minerals Holder RWC Sees 1,000p/Share as ‘More Acceptable’
- MBWS FP : Marie Brizard Wine & Spirits Raises EU100.9 Mln in Rights Offer
- MELE BB : Melexis 1Q Revenue Forecast Beats Estimates
- MELE BB : Melexis Names Marc Biron to Be New CEO; Chombar to Be Chairwoman
- NOVOB DC : Novo Nordisk FY Ebit Meets Estimates
- PHIA NA : Philips Is Said to Pick Lazard for Potential Home Appliance IPO
- PUB FP : Publicis FY Revenue Meets Estimates
- REP SM : Repsol Taps JPMorgan for Renewables Unit : El Confidencial
- SIE GY : Siemens Raises Guidance as China Recovery Seen Boosting Profits
- VAC FP : Pierre & Vacances: Paris Court Opens Conciliation Procedure
- SAN FP : Sanofi, Kiadis Say 36.6% of Kiadis Shares Committed Under Offer
- VOD LN : Vodafone Prepares Telecom Towers Business for March IPO: Reuters
- VOLVB SS : Volvo 4Q Profit Beats Estimates, Warns of 1Q Disturbances (1)
- VOW3 GY : Porsche Budgets $1.1 Billion on Digitization China Buyers Demand
- WCH GY : Wacker Chemie to Buy Genopis for at Least $39m Cash