Dow +0.12% S&P +0.16% Nasdaq +0.51% Russell +0.13%
US Market closed higher.The DOw maeked its ninth consecutive record close. Three groups--technology, consumer staples, and energy--showed notable movement with the technology (+0.6%) and consumer staples (+0.7%) groups finishing at the top of the leaderboard and the energy space (-0.9%) settling at the bottom. Mega-cap technology names like Apple (AAPL 158.59, +2.20) and Facebook (FB 171.98, +2.36) also played a vital role in the tech sector's positive performance. The two companies added 1.4% apiece. WTI closed -0.1% to $49.37/bbl. US After Hours CUTR +15%, EGLE +11%, TWLO +10%, MTW +9%, LC +7% higher and THC -12%, PAGP -11%, CAR -8%, MAR -2.5% following earnings/guidance; FGEN +62% on positive topline data/earnings. Asian markets opened mixed, with USD weakening during the session. China reported its July trade balance data, exports slowed for the 5th consecutive month. The yuan rose 0.25% against the USD, after trade data, to 6.7044. Notably steel product exports were down ~29% y/y at a 2013 low. Fresh talks recirculated that the yuan trading band could be expanded later this year. Japan and Korea markets were little moved on the report that Japan and North Korea foreign ministers briefly met yesterday. No further details were given on the meeting.
Nikkei -0.30% Hang Seng +0.43% CSI +0.10% Shanghai -0.04% Shenzen +0.18%
Eur$ 1.1810 CNH 6.7069 CNY 6.7007 JPY 110.60 GBP 1.3045 CHF 0.9727 RUB 60.0823 WTI$ 49.30 -0.18%
S&P -0.11% EuroStoxx -0.20% FTSE -0.13% CAC -0.27% Dax -0.15% SMI -0.10%
Macro :
- U.S. June Consumer Credit Rose $12.4b; Est. Up $15.8b
- Investors to Pile Into Emerging Markets Even After Rally: Survey
- Goldman Defends Bullish Call on Banks, Seeing ‘Compelling Case’
- Italy May Sell Zecca Assets to Raise Funds, MF Reports
- China July Exports Rise 11.2% Y/y in Yuan Terms; Est. 14.8%
Keep an eye on :
- AF FP : Air France-KLM July Total Passengers Up 5.4% to 9.7M
- CS FP : Axa Gets Regulatory Approval for Reinsurance in India: Echos
- BPOST BB : Bpost Second Quarter Adjusted Ebitda Misses Estimates
- BPOST BB : Belgian postal service Bubble Post is being eyed by Bpost
- BZU IM : Italy Regulator Fines Cement Companies Total of EU184m
- CEM IM : Italy Regulator Fines Cement Companies Total of EU184m
- DENERG DC : Dong Raises EBITDA Guidance After Selling German Wind Farm Stake
- FRE GY : NxStage May See ~$5/Share Upside From Other Bidders: Leerink (1)
- GALE SW : Galenica Sante Confirms Outlook; Sees CHF80m Dividend Payment
- GFC FP : Gecina Gets French Antitrust Approval for Takeover With Eurosic
- G IM : Generali Agrees Sale of Business in Panama in $172m Deal
- IHG LN : InterContinental First Half Revenue Misses Estimates
- IT IM : Italcementi to Appeal Fine Set by Italy Competition Authority
- JUN3 GY : Jungheinrich Second Quarter Ebit Beats Estimates
- NRE1V FH : Nokian Renkaat Lifts FY Outlook; Op. Profit to Grow At Least 10%
- PANDORA DC : Pandora Second Quarter Net Income Misses Lowest Estimate, Agrees to Buy Distribution in Spain for EU110 Mln
- PAYS LN : Paysafe First Half Revenue $538.7 Mln
- PETS LN : Pets at Home 1Q Sales Rise; Outlook in Line With Expectations
- SAN FP : Sanofi Aims to Get Next Approved PD-1 for First-Line Lung Cancer
- SHA GY : Schaeffler Second Quarter Net Income EU206 Mln
- SIE GY : Siemens Mulls Additional Job Cuts in Power Plant Unit: HB
- 9984 JP : SoftBank Beats Estimate as Numbers Seen ‘Complex’: Street Wrap
- TEVA IT : Teva Has a ‘Long Road to Recovery,’ Morgan Stanley Says
- TEVA IT : Teva receives interest from funds - Haaretz
- UN01 GY : Uniper Sees Full Year Adjusted Ebit EU1 Bln To EU1.2 Bln , Uniper Boosts Dividend Target to 25% Growth for 2017
- VIV FP : Vivendi Tells Regulators it Doesn’t Fully Control Telecom Italia
- WAC GY : Wacker Neuson Sees Full Year Revenue EU1.45 Bln To EU1.50 Bln
- VOW3 GY : German Diesel Auto Agreement Is Positive Step, JPMorgan Says
- VOW3 GY : Merkel’s CDU Wants to Be Tougher on Volkswagen After Vote: Welt