Market news

12 October 2016
  • 22:29

    Stocks. Daily history for Oct 12’2016:

    (index / closing price / change items /% change)

    Nikkei 225 16,840.00 -184.76 -1.09%

    Shanghai Composite 3,059.13 -6.12 -0.20%

    S&P/ASX 200 5,474.62 0.00 0.00%

    FTSE 100 7,024.01 -46.87 -0.66%

    CAC 40 4,452.24 -19.50 -0.44%

    Xetra DAX 10,523.07 -54.09 -0.51%

    S&P 500 2,139.18 +2.45 +0.11%

    Dow Jones Industrial Average 18,144.20 +15.54 +0.09%

    S&P/TSX Composite 14,618.97 +69.37 +0.48%

  • 20:07

    Major US stock indices closed without a single dynamic

    Major US stock indexes finished trading in different directions, but near zero. Investors' attention was focused on the minutes of the Fed meeting, as well as the dynamics of the oil market.

    Minutes of the September Fed meeting showed that Fed officials expect rate hikes soon enough, but there were differences with regards to the timing of the next increase. "Several Fed officials said that the decision to leave rates unchanged in September, was not unanimous. Meanwhile, some officials were concerned that the delay in raising interest rates may reduce the credibility of the Federal Reserve, "- reports showed. Also noted in the report that many Fed officials see little signs of emerging inflationary pressures. "Fed officials also agreed that labor market conditions" significantly "improved over the last year. Several executives indicated that too strong a drop in the unemployment rate is also undesirable, "- reported in the minutes.

    Oil futures fell by about 1% after OPEC announced increase oil production up to a maximum of eight. Such news offset optimism about the agreement, which aims to control the market glut.

    A certain pressure on the indices provided investors' concerns about corporate profits amid disappointing nachalla reporting season. According to a survey of analysts conducted by FactSet, profit companies from the S & P 500 are expected in the 3rd quarter decreased sixth consecutive quarter.

    Focus was also an overview of vacancies and labor turnover (JOLTS), published by the US Bureau of Labor Statistics. It was reported that in August the number of vacancies decreased to 5.443 million. The indicator was revised up to 5.831 million. With 5.871 million in July. Analysts had expected the number of vacancies will fall to 5.72 million.

    DOW index components closed in different directions (11 red, 19 black). Most remaining shares rose NIKE, Inc. (NKE, + 1.37%). Outsider were shares of Cisco Systems, Inc. (CSCO, -2.24%).

    Sector S & P index finished the session mixed. The leader turned utilities sector (+ 0.9%). the health sector fell the most (-0.7%).

    At the close:

    Dow + 0.09% 18,144.68 +16.02

    Nasdaq -0.15% 5,239.02 -7.77

    S & P + 0.12% 2,139.25 +2.52

  • 19:00

    DJIA +0.19% 18,162.39 +33.73 Nasdaq -0.04% 5,244.80 -1.99 S&P +0.21% 2,141.12 +4.39

  • 16:00

    European stocks closed: FTSE 100 -46.87 7024.01 -0.66% DAX -54.09 10523.07 -0.51% CAC 40 -19.50 4452.24 -0.44%

  • 15:47

    WSE: Session Results

    Polish equity market closed flat on Wednesday. The broad market measure, the WIG Index inched up 0.03%. Sector-wise, food stocks were depressed the most (-0.87%), while materials outperformed (+1.97%).

    The large-cap stocks' measure, the WIG30 Index, gained 0.2%. Within the Index components, coking coal producer JSW (WSE: JSW) and genco ENEA (WSE: ENA) led the gainers, jumping by 3.84% and 2.77% respectively. They were followed by bank BZ WBK (WSE: BZW) and copper producer KGHM (WSE: KGH), which added 1.2% each. On the other side of the ledger, railway freight transport operator PKP CARGO (WSE: PKP) topped the list of the session's underperformers, tumbling 1.29%. Other biggest losers were agricultural producer KERNEL (WSE: KER) and bank MILLENNIUM (WSE: MIL), dropping 1.05% and 1.01% respectively.

  • 15:37

    Wall Street. Major U.S. stock-indexes little changed

    Major U.S. stock-indexes little changed on Wednesday due to losses in energy and technology shares. Investors are focusing on the release of the minutes from the Federal Reserve's September policy meeting that will reveal policymakers' views on the progress of the U.S. economy and its ability to absorb an interest rate hike this year.

    Dow stocks mixed (16 in negative area, 14 in positive area). Top gainer - NIKE, Inc. (NKE, +1.31%). Top loser - Cisco Systems, Inc. (CSCO, -2.25%).

    S&P sectors also mixed. Top gainer - Utilities (+0.4%). Top loser - Healthcare (-0.6%).


    At the moment:

    Dow 18043.00 -27.00 -0.15%

    S&P 500 2131.25 -3.25 -0.15%

    Nasdaq 100 4812.50 -14.50 -0.30%

    Oil 50.02 -0.77 -1.52%

    Gold 1253.50 -2.40 -0.19%

    U.S. 10yr 1.79 +0.03

  • 13:33

    U.S. Stocks open: Dow +0.02%, Nasdaq +0.02%, S&P +0.09%

  • 13:28

    Before the bell: S&P futures -0.19%, NASDAQ futures -0.24%

    U.S. stock-index futures slipped slipped, with investors wary that minutes from the Federal Reserve's latest policy meeting due for release later could reveal a more hawkish tone from officials.

    Global Stocks:

    Nikkei 16,840.00 -184.76 -1.09%

    Hang Seng 23,407.05 -142.47 -0.60%

    Shanghai 3,059.13 -6.12 -0.20%

    FTSE 7,052.29 -18.59 -0.26%

    CAC 4,456.68 -15.06 -0.34%

    DAX 10,529.71 -47.45 -0.45%

    Crude $50.83 (+0.08%)

    Gold $1,254.70 (-0.10%)

  • 12:44

    Wall Street. Stocks before the bell

    (company / ticker / price / change ($/%) / volume)

    ALCOA INC.

    AA

    27.78

    -0.13(-0.4658%)

    25136

    ALTRIA GROUP INC.

    MO

    62.07

    0.08(0.1291%)

    110

    Amazon.com Inc., NASDAQ

    AMZN

    831.32

    0.32(0.0385%)

    6792

    Apple Inc.

    AAPL

    116.66

    0.36(0.3095%)

    181185

    AT&T Inc

    T

    39.18

    0.08(0.2046%)

    504

    Barrick Gold Corporation, NYSE

    ABX

    15.5

    -0.02(-0.1289%)

    45771

    Cisco Systems Inc

    CSCO

    30.6

    -0.44(-1.4175%)

    67022

    Citigroup Inc., NYSE

    C

    49.14

    0.15(0.3062%)

    1779

    Deere & Company, NYSE

    DE

    87.28

    0.23(0.2642%)

    1200

    Exxon Mobil Corp

    XOM

    87.75

    0.01(0.0114%)

    1701

    Facebook, Inc.

    FB

    128.85

    -0.03(-0.0233%)

    35362

    Ford Motor Co.

    F

    12

    0.01(0.0834%)

    19160

    Freeport-McMoRan Copper & Gold Inc., NYSE

    FCX

    9.89

    0.02(0.2026%)

    32125

    General Electric Co

    GE

    28.95

    0.03(0.1037%)

    7019

    Intel Corp

    INTC

    37.2

    -0.07(-0.1878%)

    1033

    JPMorgan Chase and Co

    JPM

    68.4

    0.09(0.1318%)

    6276

    Procter & Gamble Co

    PG

    88.88

    0.34(0.384%)

    596

    Starbucks Corporation, NASDAQ

    SBUX

    52.9

    -0.02(-0.0378%)

    1163

    Tesla Motors, Inc., NASDAQ

    TSLA

    201.4

    1.30(0.6497%)

    8356

    The Coca-Cola Co

    KO

    41.6

    0.06(0.1444%)

    4833

    Twitter, Inc., NYSE

    TWTR

    18.1

    0.10(0.5556%)

    168988

    Visa

    V

    82.17

    0.13(0.1585%)

    150

    Wal-Mart Stores Inc

    WMT

    67.5

    0.11(0.1632%)

    1125

    Yahoo! Inc., NASDAQ

    YHOO

    42.69

    0.01(0.0234%)

    478

    Yandex N.V., NASDAQ

    YNDX

    21.54

    0.14(0.6542%)

    900

  • 12:40

    Upgrades and downgrades before the market open

    Upgrades:

    Procter & Gamble (PG) upgraded to Buy from Hold at Argus


    Downgrades:

    Alcoa (AA) downgraded to Neutral from Buy at BofA/Merrill


    Other:

    Apple (AAPL) target raised to $130 from $120 at Mizuho

    Alcoa (AA) target lowered to $31 from $33 at RBC Capital Mkts

    Amazon (AMZN) target raised to $1000 from $835 at Cantor Fitzgerald


  • 07:54

    Major stock exchanges trading in the red zone: FTSE -0.2%, DAX -0.1%, CAC40 -0.2%, FTMIB flat, IBEX + 0.1%

  • 06:40

    Flat start of trading expected on the major stock exchanges in Europe: DAX + 0.1%, CAC40 flat, FTSE flat

  • 04:55

    Global Stocks

    European stocks ended in the red Tuesday, but luxury shares were solidly higher on an earnings report from LVMH Moët Hennessy Louis Vuitton SE.

    U.S. stocks on Tuesday posted their biggest percentage drop since early September after aluminum giant Alcoa Inc.'s results cast a shadow over the broader market as third-quarter earnings season got under way. A stronger dollar and a retreat in oil prices also hurt sentiment.

    Asian shares were trading broadly lower Wednesday amid heightened odds of a December rate rise by the U.S. Federal Reserve, leading to worries that foreign investors will pull money out of Asia. "People are starting to wake up that the hike is coming," said Hao Hong, head of research at Bocom International. "The Fed is running out of excuses not to hike."

Market Focus
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