Dow +0.19% S&P +0.02% Nasdaq +0.19% Russell -0.41%
US MArket Closed near the flat line again. Countercyclical sectors had a slight advantage during Tuesday's session with four of the five posting gains. On the cyclical side, technology (+0.4%) outpaced the benchmark index on the back of another solid showing from Apple. consumer discretionary sector (-0.1%) couldn't escape the automakers' selling pressure. Financials (-0.2%) and materials (-0.8%) also finished in the red, but none fell farther than energy (-1.4%). The energy space moved lower in tandem with crude oil, which was weighed down by myriad concerns. An uptick in U.S. production, signs of slowing demand growth, and a 0.5% climb in the U.S. Dollar Index (100.30, +0.46) left the energy component 1.6% lower at $52.18/bbl. US After Hours MYGN and COHR +14%, MCHP +10% higher following earnings/guidance, HT / CTB +3% boosted by index change announcements ... TDW -20% on earnings/lender update, GILD -6%, ZG -6% following earnings/guidance. Lack of momentum in US indices continues to be felt in Asia, where indices were once again mixed and volatility contained. Australia is the worst performer with Energy sector under heavy pressure - WTI oil fell below $52/brl in US hours and then fell another 1% in electronic session after API crude inventories report was 5x the expected build and also the 2nd biggest on record. Mainland China markets are taking the 6-year low just below $3T in FX reserves released overnight in stride, with the main index down marginally. Separately, PBoC weakened Yuan slightly more aggressively, with the lowest CNY setting in over 2 weeks. PBoC also skipped reverse repo operations for the 4th straight session.
Nikkei +0.51% Hang Seng +0.68% CSI +0.52% Shanghai +0.44%
Eur$ 1.0659 CNH 6.8533 CNY 6.8829 JPY 112.37 GBP 1.2490 CHF 0.9989 RUB$ 59.5542 WTI$ 51.68 -0.94%
S&P +0.07% EuroStoxx +0.34% FTSE +0.12% Dax +0.12% SMI +0.01%
Macro :
- Italy Govt May Take Short-Term Stakes in Vicenza, Veneto: Sole
- Morgan Stanley Says January M&A Activity Was Very Strong
Keep an eye on :
- ABBN VX : ABB 4Q Results Mixed, Won’t Change Consensus Much: Goldman
- AC FP : Colony Capital Sells Accor Stake, Ending Pact With Eurazeo
- AIR FP : Airbus Says Marwan Lahoud to Leave Company
- AF FP : Air France-KLM Jan. Passengers Rise 7.5% to 6.9 Million
- CARLS DC : Carlsberg 4Q Sales Soft, Shares May Fall After Good Run: Exane
- AM FP : Dassault to Open Office in Bern Ahead of Jet Procurement: AZ
- DB1 GY : LSE/Deutsche Boerse Deal Rests on Treasury Approval: Times
- FSKRS FH : Fiskars 4Q Rev. Beats Est.; Sees Sales, Ebita Increasing in 2017
- GLJ GY : Grenke Full-Year Net Profit Rises 28%, Sees Further Growth
- RMS FP : Hermes 4Q Sales Constant FX In Line With Estimates
- ISP IM : Intesa Sets March 20 Deadline for NPL Portfolio Offers: Sole
- KCR FH : Konecranes 4Q Adj. Profit Tops Ests; Keeps Dividend Unchanged
- LHA GY : Lufthansa to Charge Fee for All Economy Long-Haul Seat Bookings
- MAERSKB DC : Maersk Posts FY Loss on Impairments; Chairman Steps Down
- MAP SM : Mapfre 2016 Net EU775.5m; Est. EU744.6m
- MELE BB : Melexis Sees 2017 Rev. Growth 11%-15%, Ebit Margin Around 25%
- MIC SS : Millicom 4Q Profit Beats Est., Rev. Matches
- MDLZ US : Mondelez 4Q Adj. EPS Misses Est.; Shares Fall
- ORP FP : Orpea FY Revenue Climbs 19%; Targets Growth in 2017 Revenue
- OSR GY : Osram 1Q Solid Against Market Estimates, Morgan Stanley Says
- PAH3 GY : Porsche Holding Labor Reps to Leave Supervisory Board: Welt
- RIO LN : Rio Tinto Full-Year Dividend Beats Estimate; Plans $500m Buyback
- RSA LN : RSA Sells U.K. Legacy Liabilities to Enstar, Deal Is Accretive
- SAN FP : Sanofi 4th-Qtr Business EPS EU1.25 vs EU1.25 Est.
- SAN FP : Sanofi Chief Says Drugmaker ‘Not in a Hurry to Do M&A’
- SCR FP : Scor Renewals Show Strategic Plan on Track, UBS Says
- SHP LN : Shire Says FTC Claims Against ViroPharma ‘Wholly Without Merit’
- SYNN VX : Syngenta Chief Fyrwald Says Making Very Good Progress With EU
- SYNN VX : Syngenta Earnings Beat Est., Sees ChemChina Deal Closing 2Q
- SCMN VX : Swisscom Profit Beasts Estimates, Company to Reduce Workforce
- TOM2 NA : TomTom FY Rev. Misses Estimate, Profit Beats; Sees Lower Revenue
- TLW LN : Tullow Reports Positive Free Cash Flow for 4Q After TEN Startup
- DG FP : Vinci FY Net Jumps 23%; Sees Growth in 2017 Revenue, Earnings
- VOLVB SS : Volvo Cars 2016 Op. Margin Rises to 6.1%, Sees 2017 Sales Record
- YNAP IM : Yoox Net-A-Porter 4Q Net Revenu EU538M; Est. EU559M