Dow+0,66% S&P+0,66% Nasdaq+0,62% Russell+0,39%
US Market closed higher, After fridays payrolls report most of people were expecting a weak mkt as mkt was closed on Friday...saw pression on future but mkt managed to trade higher yest. Index futures were able to cut their losses in half by today's opening bell and the S&P 500 erased a ten-point deficit just 15 minutes into the session. The index spent the rest of the day in a steady climb with all ten sectors logging gains. Once again, the market interpreted bad news as good, rallying on the belief that the disappointing jobs report will cause the Federal Reserve to postpone its first rate hike. Energy higher (+1.8%) helped by Crude (+6.1%) @ $52.11, Saudi Arabia announced it will hike its prices for oil exports to Asia for the second consecutive month...Tech finished ahead of other sector after a weak opening...volume were ahead of average @ 885mil shares...US After Hours HLSS -3.2%, AZZ -2.1%, SHLM -0.1% following earnings/guidance..VBIV+28% on news of partnership with Sanofi...OCUL -33.4% on disap. Phase3...Asian indices are tracking the strong session of gains on Wall St, where investors cheered stronger than expected Services ISM and also concluded the disappointing non-farm payrolls could be written off due to adverse weather. A sharp bounce in the energy sector hurt airlines... In China, the PBoC announced its 12th consecutive injection in its regular market operation via 7-day repos. Moreover, the central bank lowered the offering yield by another 10bps after taking a pause in reducing that rate last week. Among notable press from China, one report called stock margin trading risk controllable even though margin debt hit a fresh record high in March. Regionally, China and Japan fin mins announced plans to hold their first high-level meeting since April 12th, with some of the attention dedicated to AIIB.
Nikkei +0.91% Hang Seng +0.77% Shanghai +1.77%
RUB $55.40 WTI $51.87 (-0.52%) EURCHF 1.0464 CHF $0.9570
Eur$ 1.0934 S&P Flat EuroStoxx +1.02% Dax +1.03% SMI +0.97%
Macro :
- Russia May Offer Greece Cheaper Gas, New Loans: Kommersant
Keep an eye on :
- AIR FP : Airbus Partners With 6 Indian Companies for Naval Deal: Express
- ALCAR FP : Carmat Heart Transplant Patient Says He’s Completely Recovered
- DAI GY : Daimler May Decide on Russian Plant in May: Interfax
- ITV LN : Weinstein Said Set to Sell TV Unit to ITV for $950m: NYT {http://nyti.ms/1DFPRPK}
- TNTE NA : FedEx Offers to Buy TNT Express for EU8 Per Share in Cash --> +33% premium vs Fri. close
- DG FP : French Highway Tariffs to Rise Average 0.57% in 2015: Echos
- VIV FP : Vivendi to acquire Dailymotion for EUR 250m