Dow -0.05% S&P +0.17% Nasdaq +0.29% Russell +0.12%
US Equities closed slightly higher. The market struggled for direction following a quiet weekend and ahead of the fourth quarter earnings season, which will kick off on Friday with reports from JPMorgan Chase (JPM 108.50, +0.16) and Wells Fargo (WFC 62.04, -0.71). Stocks opened the session slightly lower and then rose slowly throughout the day. Nine of eleven sectors finished in positive territory. The lightly-weighted utilities (+0.9%) and real estate (+0.6%) sectors were the top performers, bouncing back from poor showings last week, while the top-weighted technology group (+0.4%) extended its lead for the year; the tech space is up 4.6% year to date. energy sector (+0.6%), WTI+0,4% @ $61.69. health care (-0.4%) and financials (-0.1%) spaces declined. GPRO -12.8% after profit warning. US After Hours BGFV -18.5%, SHLM +5.7%, STX +2.2% following earnings/guidance. Asian equities are generally higher as US indices ended mostly positive. Nikkei and USD/JPY pare gains amid BoJ reduction of purchases of longer dated JGBs in daily operation. Japan Finance Min Aso said equities are rising at fast pace on global economic recovery. Samsung Electronics declines as Q4 guidance below consensus. In talks, North Korea and South Korea said to reach agreement on Winter Olympics, but other areas less clear.
Nikkei +0.57% Hang Seng +0.24% CSI +0.64% Shanghai +0.10% Shenzen +0.25%
Eur$ 1.1957 CNH 6.5042 CNY 6.5044 JPY 112.71 GBP 1.3566 CHF 0.9782 RUB 57.0576 WTI$ 62.16 +0.70%
S&P -0.05% EuroStoxx -0.09% Dax -0.03% FTSE +0.20% SMI +0.01%
Macro :
- May’s Weakness Resurfaces as Cabinet Reboot Descends Into Chaos
- Berlusconi or Five Star: Italy Loses Either Way, Minister Says
- MiFID Seen Driving 20% Cut in EU Funds’ External Research Budget
- Oil Extends Gain Above $62 as U.S. Crude Stockpiles Seen Falling
Keep an eye on :
- ABLX BB : Ablynx Worth at Least $45/Share in Takeout, Ladenburg Says
- AIR FP : Airbus Seeks More Alliances With Private China Suppliers: Daily
- AIR FP : Airbus Hopes for 50-100 Firm A320 Neo/A330 China Orders: Figaro
- AF FP : Air France-KLM Dec. Passenger Count Rises 2.6% to 7.4 Million
- AI FP : Air Liquide Sees Positive Impact From U.S. Tax Reform From 2018
- ALO FP : Alstom to Supply 14 Additional Coradia Trains to French Regions
- ARAMCO IPO : Aramco IPO Eyes Goldman, Citi as Sector Dips: Financials Wrap
- ATC NA : Altice Europe Reports New Organizational Structure--> Altice to Spin Off 67.2% Interest in Altice USA
- ASTON MARTIN IPO : Aston Martin Is Said to Seek $6.8 Billion Value in Potential IPO
- CS FP : Axa Is Said Near Deal to Buy Stake in U.K.’s Bluewater Mall
- BEI GY : Beiersdorf 2017 Organic Sales Growth 5.7%
- BC IM : Brunello Cucinelli FY Rev. EU503.6M
- AM FP : Dassault Aviation Says 2017 Falcon Deliveries Ahead of Forecast
- DIS US : Disney-Fox Deal ‘Takes Political Heat’ Out of Sky Bid: Gilbert
- EUCAR FP : Europcar Hires Peligry as CFO as Poupard Moves to New Position
- FII FP : Lisi to Build New Factory for Forges de Bologne Activities
- HMB SS : Artist The Weeknd Ends Cooperation With H&M Over Sweater
- MVC SM : Metrovacesa Announces Intention to Float on Spain Exchanges
- NESN SW : Rhone Capital Is Said to Place Bid for Nestle Unit: FT (Jan. 8)
- UG FP : PSA’s Opel Division Cuts Work Hours at German HQ, R&D Site
- RABO NA : Moody’s Sees Rabobank FY Net Down on U.S. Provision: Telegraaf
- SIKA SW : Sika ’17 Sales Beat Estimates; Sees ’18 Sales Up More Than 10%
- TKTT FP : Tarkett Set for Biggest Drop Since July as Exane Cuts to Neutral
- TOM2 NA : TomTom Rises on Partnership Extensions with Baidu, Qualcomm
- UCB BB : European Medicines Agency Approves Label Change for UCB’s Cimzia
- CSS FP : France’s Spartoo to Buy Shoe Retailer Andre From Vivarte: Echos
- YNAP IM : JD.com to Expand French Product Sales to 2B Euros: News