Dow +0.17% S&P +0.12% Nasdaq +0.06% Russell -0.57%
US MArket closed slightly higher before AAPL Earnings. AAPL is up 27,4% YTD. Sector standings reflected the wait-and-see strategy with eight of eleven settling within 0.3% of their flat lines. The top-weighted technology space (+0.3%) showed relative strength despite the underperformance of chipmakers, which pushed the PHLX Semiconductor Index lower by 1.1%.Advanced Micro Devices (AMD 10.30, -3.32) led the semiconductor retreat, plunging 24.4%, despite reporting in-line earnings and revenues. However, it's important to keep in mind that AMD surged 295.1% in 2016. Airlines helped the industrial sector (+0.5%) finish atop the day's leaderboard. consumer discretionary (+0.2%), materials (+0.2%), utilities (+0.3%), and real estate (+0.1%) spaces also closed in positive territory. energy sector (-0.5%) was influenced negatively by crude oil's 2.5% decline. US After Hours FEYE +15%, WTW +13%, FSLR +9% higher following earnings/guidance, solar names lifting with FSLR...TWLO -30%, AKAM -14%, CRAY -10%, OCLR -9%, GILD -2.5%, AAPL -1.8% lower on earnings /guidance. Asian equities trading mixed in the wake of modest gains on Wall St, though volatility is also compressed ahead of tomorrow's FOMC decision and Japan and Korea closed for holiday. S&P futures are modestly lower, while Nasdaq futures are weighed down by disappointing earnings from Apple after market close. Oil futures were up over 1% on larger than expected draw in API inventories.
Nikkei Closed Hang Seng Closed CSI -0.36% Shanghai -0.34%
Eur$ 1.0925 CNH 6.8883 CNY 6.8921 JPY 112.09 GBP 1.2909 CHF 0.9914 RUB 56.9480 WTI$ 48.02 +0.76%
S&P -0.10% EuroStoxx -0.03% Dax +0.03% FTSE -0.06% SMI+0.26%
Macro :
- Le Pen Says Capital Controls an Option During Frexit: Reuters
- ECB’s Nouy Doesn’t See U.S. Softening Bank Rules Under Trump
- DoubleLine’s Gundlach Says Now Isn’t the Time to Give Up on Gold
Keep an eye on :
- AIR FP : Air France Talks With Pilots End Without Accord: Les Echos
- AZA IM : Italy’s Calenda: Govt Approved EU600m Bridge Loan for Alitalia
- ALCAR FP : Carmat To Resume Pivotal Study of Artificial Heart in France
- BNP FP : BNP Paribas 1Q Net EU1.89b; Est. EU1.50b
- IAG LN : British Airways Talking to Chinese Carriers for Bilaterals
- DBK GY : Deutsche Bank’s Chinese Backer Said to Boost Stake to Almost 10%
- EMR US : Emerson Electric Seeks Acquisitions of $500m-$1b This Year
- EOAN GY : EON and Google Said to Form Partnership on Solar Energy: HB
- FRA GY : Fraport Has Room for More Acquisitions, CFO Zieschang Tells BZ
- FRE GY : Fresenius SE 1Q Net Ex-Items Beats; Raises 2017 Outlook
- GILD US : Gilead 1Q Adjusted EPS Misses Est.; Shares Fall
- GLRE US : Greenlight Capital 1Q EPS Misses Est.
- GLJ GY : Grenke 1Q Profit Up 28%, Confirms FY Forecast
- GMM GY : JAP Capital Boosts Stake in Grammer to 11.02% From 0.85%
- BOSS GY : Hugo Boss Earnings Beat Estimates as China Revenue Increases
- LHN VX : LafargeHolcim 1Q Net Sales Beat Highest Est.
- LUPE SS : Lundin Petroleum 1Q Ebitda Beats Est.
- MDLZ US : Mondelez 1Q Adjusted EPS Beats Est.
- NRE1V FH : Nokian Renkaat Sales Beat Ests.; Sales, Profit Guidance Raised
- NOVOB DC : Novo Nordisk 1Q Net Beats Estimates; FY Outlook Range Narrowed
- NOVOB DC : Novo Nordisk Revises 2017 Outlook on Currency Impact
- ORP FP : Orpea 1Q Revenue Rises 11%; Outlook for FY Revenue Confirmed
- OSR GY : Osram 2Q Adj Ebita EU135m Versus EU139m
- UG FP : Peugeot, NuTonomy to Test Self-Driving SUV in Singapore: WSJ
- PSM GY : Pro7 CEO Having ‘Interesting Conversations’ on Travel Assets: HB
- QIA GY : Qiagen 1Q Adjusted EPS Misses Est.
- RB/ LN : Reckitt Foods Sale Said Likely to Attract Post, Conagra Interest
- SOLB BB : Solvay 1Q Adjusted Ebitda Beats Highest Est.
- SCMN VX : Swisscom Keeps 2017 Forecasts After 1Q Ebit Beats Estimates
- TIT IM : Group of Oi Creditors, Sawiris Revising Alt. Recovery Plan
- TEF SM : Telefonica Readies Low-Cost Service Offering: Expansion
- HO FP : Thales 1Q Sales EU3.06b; New Orders Decline 1% to EU2.28b
- WIX US : Wix.com Down 6.8%; Up 17% Last Week Partly on M&A Speculation
- WOS LN : Wolseley Hires Rothschild to Sell DT Group, Berlingske Reports