Dow +0.37% S&P +0.33% Nasdaq +0.26% Russell +0.76%
US Market continue to hold record levels even in a very quiet session. The World Bank lowered its 2016 global GDP growth forecast to 2.4% from 2.9% and slashing the U.S. growth outlook to 1.9% from 2.7%. The downgrade did not pressure stocks as investors interpreted the news as a sign that domestic and global monetary policy may remain highly accommodative for longer. energy space (-0.2%) jumped out to an early lead, but could not hold its ground even though crude oil climbed 1.7% to $51.23/bbl, settling at a fresh 2016 high. gold (+1.2% to $1262.20/ozt) and silver (+3.7% to $17.00/ozt) also rallied, benefiting from the fourth consecutive decline in the Dollar Index (93.61), which slipped 0.2% to levels from early May. Volume were below average at 870mil shares. US After Hours Eat +7%, DTEA +4%. RH -17%, PSG -14%, TLRD -3% following earnings/guidance, RADA +33%, ACUR +19%. Trifecta of interest rate decisions in the Asia session kept produced some notable surprises and offered some macro volatility, even with markets in China out for the holidays (Dragon Boat Festival). BOJ Dep Gov Nakaso also spoke at length ahead of next week's policy meeting, noting growing downside risks from overseas and commitment to add to easing if needed.
Nikkei -0.77% Hang Seng closed CSI Closed Shanghai closed
Eur$ 1.1398 JPY 106.76 GBP
S&P-0.12% EuroStoxx -0.10% Dax -0.07% SMI -0.10%
Macro :
- Soros Said to Have Directed Recent Big, Bearish Trades: WSJ
- EU Unlikely to Extend Bail-In Rules Beyond Biggest Banks: Rtrs
- Greek Bonds Could Become QE-Eligible Later This Yr: Stournaras
- U.K. Leave Victory Poses Big Downside Risk to Banks, Citi Says
Keep an eye on :
- AIR FP : Airbus Said Close to Selling Rest of Stake in Dassault Aviation
- AF FP : Air France Wants to Transfer KLM Flights to Paris: Telegraaf
- ALU FP : Alcatel Block Trades at EU3.50; Nokia Close to Squeeze Out Level !!!!!
- ALO FP : Alstom Declines as Ex-Petrobras Official Claims Co. Paid Bribes
- AAPL US : Google to Change Revenue Share Model for App Developers: Recode
- AAPL US : Apple to Reduce Its Revenue Cut From Apps After Year: The Verge
- BAYN GY : Monsanto, Bayer Deal Talks Are Continuing, Baumann Says: FOX
- CGG FP : CGG Jumps Most Since 2014 as Seismics Outperform on Oil Gains
- DENERG DC : Dong Energy Shares Priced at DKK235/Shr in IPO
- AM FP : Airbus Said Close to Selling Rest of Stake in Dassault Aviation
- ENI IM : Eni CEO Says No Progress on Versalis Talks With SK Capital: Ansa
- EOAN GY : EON AGM Approves Uniper Spinoff With 99.7 Percent Majority
- ERICB SS : Ericsson Readies Purchase of Abengoa Telecom Unit: Expansion
- GLEN LN : Glencore Sells Agri Stake to Canadian Fund for $625 Million (1)
- MKS LN : M&S Ex-CEO Said to Have Received GBP600k Bonus Last Year: Sky
- KN FP : Natixis to Transfer Some IT Functions to Portugal, Echos Says
- NESN VX : China Orders Milk-Powder Makers to Register by Oct. 1
- ORA FP : France to Remain One of Orange’s Main Shareholders: Hollande
- RL US : Ralph Lauren Said to Hire Coach’s Jane Nielsen as CFO: WSJ
- RCO FP : Remy Cointreau FY Current Oper. Profit In Line With Estimates
- RR/ LN : Rolls-Royce Running Behind on Deliveries, CEO Tells Staff: FT
- RWE GY : RWE Enters Talks With Govt Over Decommissioning: Rheinische Post
- SDRL NO : Seadrill Agrees to Debt-For-Equity Exchange for 2017 Notes
- TIT IM : America Movil May Cut Brazil Investment by 10%-20%: Valor
- TSCO LN : Tesco Starts Offering of 7m Shares Via BofAML
- UBSG VX : UBS to Cut Managers at U.S. Wealth Unit, Recruit Fewer Advisers
- VK FP :
- VOW3 GY : VW Manager Investigated Over Deletion of Emission Files: NDR