Global stocks climbed back within 1% of an all-time high, and bond yields rose, on optimism the global economy will weather the hit from the coronavirus, sentiment that was strengthened Thursday by China’s plans for tariff cuts on U.S. imports.
An MSCI Inc. index of world stocks headed for a fourth straight day of gains, with Asian benchmarks including Japan, Hong Kong, South Korea and Australia up 2% or more. U.S. and European futures climbed. The yuan extended gains after China said it will lower levies on $75 billion of U.S. goods next week. Oil climbed above $52 a barrel in New York, while 10-year Treasury yields approached 1.68%.
US After Hours ELF +8.5%, SONO +8.2% lead earnings gainers; FNKO down sharply on guidance, CDAY, PTON and TWLO also weak on earnings
Nikkei +2.38% Hang Seng +2.57% CSI +1.55% Shanghai +1.48% Shenzen +2.52%
Eur$ 1.0999 CNH 6.9711 CNY 6.9708 JPY 109.87 GBP 1.2984 CHF 0.9735 RUB 62.75 TRY 5.9834 WTI$ 51.96 +2.38%
S&P +0.42% EuroStoxx +0.56% FTSE +0.63% Dax +0.63% SMI +0.60%
Macro :
- China Coronavirus Death Toll Rises to at Least 560 After Feb. 5
- U.S. Investor Bull-Bear Spread -1.35: AAII
- Madoff Asks for Early Release, Claiming He’s Terminally Ill
- Private Equity’s $5 Trillion Gold Rush Reels In More Outsiders
Keep an eye on :
- ABI BB : Anheuser-Busch InBev Says Fernando Tennenbaum Named CFO
- AGN NA : Transamerica Confirms Sale of Iconic San Francisco Tower to Shvo
- AIR FP : Airbus Monitoring Suppliers for Boeing 737 Max-Related Fallout
- ALD FP : ALD Intends to Name Tim Albertsen as New CEO Effective March 27
- MT NA : ArcelorMittal More Optimistic on Steel Demand Outlook for 2020
- ATEA NO : Atea Fourth Quarter Revenue Misses Lowest Estimate
- ATL IM : Italy Doesn’t Propose Changes to Toll-Road Decree Measures
- AXA NO : Axactor Offering Prices 30m Shares at NOK17.25/Share
- AXFO SS : Axfood Fourth Quarter Net Sales Meet Estimates
- BPE IM : BPER Banca FY Dividend Per Share Beats Est.; Shares Rise 2.2%
- ALCAR FP : Carmat Gets FDA Approval for Artificial Heart Feasibility Study
- CO FP : Beyond Meat to Offer Products in France via Casino Supermarkets
- CTY1S FH : Citycon Takes Control of Norway Retail Portfolio for EU145M
- DAE SW : Daetwyler Sees 2020 Ebit Margin Above 15%
- DFDS DC : DFDS 2020 Ebitda Forecast Misses Average Estimates
- DSY FP : Dassault Systemes FY 1Q Non-IFRS EPS Outlook Below Estimate
- DNB NO : DNB Fourth Quarter Net Income Beats Estimates
- DNO NO : DNO Fourth Quarter Ebitda 4.4% Below Estimates
- EQNR NO : Equinor Fourth Quarter Adjusted Net 1.7% Above Estimates
- FORTUM FH : Fortum to Assess Options for Polish, Baltic, Finnish Heating Ops
- GPRO US : GoPro 2020 Adj EPS View Midpoint Misses Est.; Shares Fall 10.6%
- HUSQB SS : Husqvarna Recovers After Results as Bullish Outlook Reassures
- IBE SM : Iberdrola Says Siemens Gamesa Stake Sale Generates EU485M Gain
- IDIA SW : Idorsia Full Year Operating Loss Narrower Than Estimates
- INGA NA : ING 4Q Underlying Pretax Profit Misses Lowest Est.
- I US : Intelsat Said to Weigh Chapter 11 Among Options on C-Band Plan, -13%
- INTER NA : Intertrust 2020 Underlying Revenue Forecast Beats Estimates
- WG/ LN : John Wood Group to Sell Industrial Services Business for $104M
- LI FP : Klepierre FY Net Current Cash Flow Climbs 6.7%; Sees 2020 Rise
- KCR FH : Konecranes Oyj Fourth Quarter EPS Misses Estimates
- LIAB SS : Lindab Fourth Quarter Net Sales 2.8% Above Estimates
- LUN DC : Lundbeck 2020 Revenue Forecast Midpoint Meets Estimates
- MVC SM : Billionaire Slim Acquires 3% Stake in Spain’s Metrovacesa
- NETC DC : Netcompany Reports FY Revenue, Ebita In Line With Estimates
- NOKIA FH : Nokia Results Beat Provides Some Relief to Tested Investors
- NDA SS : Nordea CEO: We’ve Now Completed Main Organizational Changes
- NSKOG NO : Norske Skog Fourth Quarter Ebitda NOK560 Mln
- NMC LN : NMC Health Founder Looking to Buy Out His Emirati Partners: FT
- OMV AV : OMV 4Q Clean CCS Misses Estimates; Sees 500 Kboe/d in 2020
- OBEL BB : Orange Belgium 2020 Adjusted Ebitda View Midpoint Meets Est.
- ORK NO : Orkla Fourth Quarter Adjusted Ebit Matches Estimates
- OSR GY : Osram 1Q Ebitda Exceeds Expectations, Confirms FY Forecast, Osram CFO Says Some Manufacturing Facilties in China Shut Down
- POG LN : Trotsenko Sells Stake in Petropavlovsk to Uzhuralzoloto
- PRS NO : Prosafe Fourth Quarter Revenue Misses Lowest Estimate
- PUB FP : Ad Group Publicis Keeps Guidance in Sign That Worst May Be Over
- RAA GY : Rational FY Preliminary Rev. Meets Estimate, Sees 2020 Growth
- SCR FP : Scor Says 4Q Natural Catastrophes Cost EU343M
- STLN SW : Schmolz Offers to Buy Back EU350m Senior Secured Notes
- SCMN SW : Swisscom Full Year Ebitda 1.2% Above Estimates
- GLE FP : SocGen Pledges Higher Returns After Signaling it May Miss Target
- SONO US : Sonos Climbs 10% After First Quarter EPS Beats Highest Estimate
- GLE FP : SocGen Pledges Higher Returns After Signaling It May Miss Target
- TLX GY : Talanx Prelim FY Ebit EU2.40b vs EU2b y/y; Outlook Confirmed (1)
- TGYM IM : Technogym Sells 10m Shares at EU11.45 in Accelerated Bookbuild
- TSLA US : Tesla Mania Cools With Record 21% Plunge, Snapping 60% Rally
- TOBII SS : Tobii Fourth Quarter Operating Loss SEK21 Mln
- FP FP : Total 4Q Adj. Net Income Beats Estimates at $3.17B
- UCG IM : UniCredit Fourth Quarter Loss Narrower Than Estimates
- UCG IM : UniCredit to Place 12% of Yapi Kredi Existing Shr Capital, Yapi Kredi Orders Below 2.88 Liras Per Share Risk Missing: Terms
- VOE AV : Voestalpine Third Quarter Ebit Loss Narrower Than Estimates
- VOLVB SS : Volvo Cars Increased FY 2019 Operating Profit by 0.8% Y/y