Dow -0.14% S&P -0.29% Nasdaq -0.26% Russell -0.69%
US Market closed lower. The health care sector (-0.7%) finished the day behind the broader market as investors digested the latest news. Conversely, utilities (unch) and technology (+0.2%) finished at the top of the day's sector standings with the technology group profiting on gains from large-cap components like AAPL & GOOGL. The remaining sectors--financials, consumer discretionary, industrials, materials, consumer staples, and real estate--finished with losses between 0.1% and 0.6%. US after hours AVAV +8%, HRB +7%, CLNE +6% following earnings/guidance, RH +1.9% on WSM M&A speculation ... URBN -5%, BOJA -4.6%, AERI -2.6% following earnings/guidance, several names lower following offerings. Asia equity markets are mixed despite another day of modest declines on Wall St in both equity and bond markets. Investors look ahead to Wednesday's release of ADP and Friday's non-farm payrolls to confirm expectations of this month's Fed hike, as only a very weak print on the jobs front would derail that view. In other economic data, Japan Q4 Final GDP improved slightly from Prelim levels but missed expectations. Consumption growth remained flat, though the CAPEX component was revised sharply higher to 2.0% from 0.9% prelim, also beating 1.7% est.
Nikkei -0.47% Hang Seng +0.37% CSI -0.21% Shanghai -0.17%
Eur$ 1.0567 CNH 6.9028 CNY 6.8997 JPY 113.72 GBP 1.2207 CHF 1.0137 RUB$58.1319 WTI$ 52.78 -0.68%
S&P -0.17% EuroStoxx +0.03% Dax -0.19% FTSE -0.15% SMI -0.09%
Macro :
- China Imports Surged in February as Exports Missed Estimates
- Draghi’s Caution on Inflation Signals ECB Stimulus Stays for Now
- Fed Hikes Shouldn’t Derail the Equity Rally... Yet: Macro Man
- U.K. Considers Ways Tax Can Extend North Sea Projects: Telegraph
- U.K.’s May Fights Back After Another Brexit Law Defeat in Lords
Keep an eye on :
- ABN NA : ABN Amro in ‘Growth Mode’ in Asia Corporate Banking: DeRooij
- ANA SM : Acciona Buys 82.4% of Geotech Holdings for A$197m
- ADS GY : Adidas Forecasts 2017 Profit Rising 18%-20%, Raises 2020 Targets
- AGFB BB : Agfa 4Q Adj. Ebit Beats Ests.; Pension Deficit Climbs to EU976m
- AIR FP : Lockheed Unit Awarded $1b U.S. Air Force Contract
- AF FP : Air France-KLM Feb. Passengers Rise 2.9%, Lifted by Transavia
- ARM LN : Softbank Set to Sell $8b Stake in Arm to Vision Fund: FT
- APAM NA : Aperam, Sofina to Replace Ahold Delhaize, Elia in BEL20 Index
- AXIA SM : Axiare Patrimonio Offering 7.19m Shares in Placement, Terms Show, €13 / share
- BALTA IPO : Balta Said to Prepare IPO in Brussels: Tijd/L’Echo
- BKIA SM : Spain Ready to Hold 15-20% of Bankia Private Placement: Cinco
- BEFB BB : Befimmo Signs First Tenant of Quatuor in Brussels North District
- BEI GY : numbers just released
- BOKA NA : Boskalis 2016 Ebitda EU661m vs EU885 a Year Ago
- CYAD BB : Celyad Gets FDA Approval to Start NKR-2 CAR-T cells THINK Trial
- ACA FP : Credit Agricole Said to Weigh $2.4B Saudi Bank Stake Sale, Credit Agricole Earns Dilution High With Saudi Bank Sale: KBW
- CSGN VX : Credit Suisse CEO Says Hard to Find Good Lending Opportunities
- AM FP : Dassault Aviation 2016 Adj. Net Falls Short of Estimates
- DBK GY : Deutsche Bank 2018 Cost Target May Not Be Achievable, Citi Says
- DB1 GY : Deutsche Boerse Will Need Acquisitions to Grow: CEO Kengeter
- DEQ GY : Deutsche Euroshop Prelim. FY Rev EU205.1m, est. EU199.8m
- DPW GY : Deutsche Post 4Q Ebit EU1.11b vs. EU1.12b Est.; 2017 Growth Seen
- PBB GY : Deutsche Pfandbriefbank FY Pretax Profit Rises Helped by Heta
- EIT IM : Italy Must Control Any Eventual RAI Way, EI Towers Combination
- ENG SM : EU Questions Spain Over Enagas, Red Electrica Caps: Expansion
- ELE SM : CVC, KKR and Blackstone reactivate the purchase of Endesa with the support of Madrid and Rome http://bit.ly/2mkne6z
- ENI IM : Eni acquires 50% stake in Block 11 Offshore Cypris
- GLEN FP : Glencore’s Glasenberg, QIA Executive, May Join Rosneft Bd: Rtrs
- GBB FP : Bourbon to Reschedule Maturities on EU910.8M of Debt
- LIN GY : Linde, Praxair to Set Up Holding Co. in Dublin: Handelsblatt
- NOVOB DC : Novo Expects to Fall Short of 2020 Goal of 40 Million Patients
- NP3 SS : NP3 Chairman Has Sold Stake in Company, Will Step Down: Direkt
- ONTEX BB : Ontex Sees 2017 Rev. Growth Ahead of Mkts in All Divisions
- ONXEO FP : Onxeo Net Loss Widens; Co. Says Cash Provides Visiblity to 2018
- SNAP US : Instagram Stories launches geostickers as its Snap attack continues
- S US : Sprint CFO Says Unlimited Data Is Probably Not Sustainable
- SEV FP : Suez taps Quebec pension in GE Water bid, sources say
- TOM2 NA : TomTom Selected by Volvo Cars to Power Drive Me Programme
- TMG NA : TMG FY 2016 Revenue Drops 6.9% to EU421M on Lower Ad Sales
- WDI GY : Wirecard to be selective acquirer as it looks to increase international scale, executive says