Market news

17 October 2017
  • 22:27

    Stocks. Daily history for Oct 17’2017:

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

    Nikkei +80.56 21336.12 +0.38%

    TOPIX +4.19 1723.37 +0.24%

    Hang Seng +4.69 28697.49 +0.02%

    CSI 300 -0.38 3913.07 -0.01%

    Euro Stoxx 50 +1.50 3607.77 +0.04%

    FTSE 100 -10.80 7516.17 -0.14%

    DAX -8.64 12995.06 -0.07%

    CAC 40 -1.51 5361.37 -0.03%

    DJIA +40.48 22997.44 +0.18%

    S&P 500 +1.72 2559.36 +0.07%

    NASDAQ -0.35 6623.66 -0.01%

    S&P/TSX +14.20 15816.90 +0.09%

  • 20:08

    The main US stock indexes completed trading with a slight change

    The major US stock indexes finished trading near zero, with the Dow Jones Industrial Average surpassing 23,000 for the first time, thanks to a more than 6 percent increase in UnitedHealth (UNH) shares and a more than 3 percent increase in Johnson & Johnson (JNJ ).

    Certain support for the market was also provided by favorable data for the United States. The Bureau of Employment Accounting reported that in September, import prices in the US rose by 0.7 percent, which is the largest monthly increase since the increase of 0.7 percent in June 2016. Last time, import prices increased by more than 0.7 percent in May 2016 (then growth was 1.2 percent). Higher prices for imports of both fuel and non-fuel materials contributed to a general increase in import prices for September. Import prices in the US also increased on a 12-month basis, reaching 2.7 percent.

    Meanwhile, the Fed said that industrial production in the US rose in September, as the effects of hurricanes Harvey and Irma began to disappear, and construction and utility production were restored. Industrial production increased by 0.3% after it decreased by 0.7% in August (revised from -0.9%.) Nevertheless, the July release was revised to -0.1% from +0.4 The economists predicted that in September industrial production will grow by 0.3%, while the total production growth increased by 0.2 percentage points to 76.0% from the revised 75.8% in August.

    At the same time, the confidence of builders in the market of newly built houses for one family increased by four points to 68 in October, according to the housing market index (HMI) from the National Association of House Builders (NAHB) / Wells Fargo. This was the highest rate since May.

    Most components of the DOW index finished trading in the red (17 of 30). Outsider were the shares of The Goldman Sachs Group, Inc. (GS, -2.69%). The leader of growth was UnitedHealth Group Incorporated (UNH, + 6.06%).

    Most sectors of the S & P index recorded a decline. The largest decrease was shown in the financial sector (-0.4%). The healthcare sector grew most (+ 0.9%).

    At closing:

    DJIA + 0.17% 22,996.69 +39.73

    Nasdaq -0.01% 6,623.66 -0.35

    S & P + 0.07% 2.559.35 +1.71

  • 19:00

    DJIA +0.10% 22,980.42 +23.46 Nasdaq -0.05% 6,620.68 -3.33 S&P -0.01% 2,557.37 -0.27

  • 16:00

    European stocks closed: FTSE 100 -10.80 7516.17 -0.14% DAX -8.64 12995.06 -0.07% CAC 40 -1.51 5361.37 -0.03%

  • 13:33

    U.S. Stocks open: Dow +0.12%, Nasdaq -0.02%, S&P +0.01%

  • 13:28

    Before the bell: S&P futures -0.02%, NASDAQ futures -0.06%

    U.S. stock-index futures were flat on Tuesday as investors assessed earnings reports from big corporates, including UnitedHealth (UNH), Morgan Stanley (MS), Goldman Sachs (GS) and Johnson & Johnson (JNJ).


    Global Stocks:

    Nikkei 21,336.12 +80.56 +0.38%

    Hang Seng 28,697.49 +4.69 +0.02%

    Shanghai 3,373.44 -5.03 -0.15%

    S&P/ASX 5,889.61 +42.85 +0.73%

    FTSE 7,548.27 +21.30 +0.28%

    CAC 5,366.84 +3.96 +0.07%

    DAX 13,021.56 +17.86 +0.14%

    Crude $52.13 (+0.50%)

    Gold $1,289.80 (-1.01%)

  • 12:53

    Wall Street. Stocks before the bell

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


    3M Co

    MMM

    219.65

    0.93(0.43%)

    264

    ALCOA INC.

    AA

    48.6

    0.36(0.75%)

    5338

    Amazon.com Inc., NASDAQ

    AMZN

    1,005.00

    -1.34(-0.13%)

    5322

    Apple Inc.

    AAPL

    159.68

    -0.20(-0.13%)

    50758

    AT&T Inc

    T

    36.29

    0.12(0.33%)

    6704

    Barrick Gold Corporation, NYSE

    ABX

    16.11

    -0.13(-0.80%)

    22216

    Boeing Co

    BA

    255.75

    -4.00(-1.54%)

    15754

    Chevron Corp

    CVX

    120.85

    0.72(0.60%)

    634

    Cisco Systems Inc

    CSCO

    33.68

    0.14(0.42%)

    280

    Citigroup Inc., NYSE

    C

    72.21

    0.44(0.61%)

    63307

    Exxon Mobil Corp

    XOM

    82.7

    -0.11(-0.13%)

    520

    Facebook, Inc.

    FB

    174.82

    0.30(0.17%)

    46809

    Ford Motor Co.

    F

    12.1

    -0.02(-0.17%)

    17730

    Freeport-McMoRan Copper & Gold Inc., NYSE

    FCX

    15.06

    -0.21(-1.38%)

    304301

    General Electric Co

    GE

    23.29

    -0.07(-0.30%)

    55469

    General Motors Company, NYSE

    GM

    45.95

    0.19(0.42%)

    25916

    Goldman Sachs

    GS

    245.85

    3.44(1.42%)

    75281

    Intel Corp

    INTC

    39.51

    -0.25(-0.63%)

    3235

    International Business Machines Co...

    IBM

    146.7

    -0.13(-0.09%)

    638

    Johnson & Johnson

    JNJ

    135.8

    -0.32(-0.24%)

    144527

    JPMorgan Chase and Co

    JPM

    98.35

    0.51(0.52%)

    29423

    McDonald's Corp

    MCD

    165.03

    0.02(0.01%)

    178

    Microsoft Corp

    MSFT

    77.5

    -0.15(-0.19%)

    4865

    Procter & Gamble Co

    PG

    93.2

    0.06(0.06%)

    332

    Starbucks Corporation, NASDAQ

    SBUX

    54.81

    -0.10(-0.18%)

    614

    Tesla Motors, Inc., NASDAQ

    TSLA

    351.22

    0.62(0.18%)

    10146

    The Coca-Cola Co

    KO

    46.55

    -0.07(-0.15%)

    5225

    UnitedHealth Group Inc

    UNH

    196.1

    2.90(1.50%)

    17659

    Verizon Communications Inc

    VZ

    48

    -0.09(-0.19%)

    340

    Visa

    V

    108.4

    0.10(0.09%)

    1358

    Wal-Mart Stores Inc

    WMT

    85.89

    0.15(0.17%)

    5555

    Walt Disney Co

    DIS

    98.1

    -0.03(-0.03%)

    505

  • 12:50

    Target price changes before the market open

    General Electric (GE) target lowered to $23 from $27 at Goldman

  • 12:49

    Downgrades before the market open

    Freeport-McMoRan (FCX) downgraded to Sell from Hold at Deutsche Bank

  • 12:48

    Upgrades before the market open

    Chevron (CVX) upgraded to Outperform from Neutral at Macquarie

  • 12:31

    Company News: UnitedHealth (UNH) Q3 earnings beat analysts’ estimate

    UnitedHealth (UNH) reported Q3 FY 2017 earnings of $2.66 per share (versus $2.17 in Q3 FY 2016), beating analysts' consensus estimate of $2.57.

    The company's quarterly revenues amounted to $50.322 bln (+8.7% y/y), generally in-line with analysts' consensus estimate of $50.383 bln.

    The company also raised guidance for FY2017, projecting EPS approaching $10.00 (prior $9.75-9.90) versus analysts' consensus estimate of $9.86.

    UNH rose to $196.00 (+1.45%) in pre-market trading.

  • 12:21

    Company News: Morgan Stanley (MS) quarterly results beat analysts’ forecasts

    Morgan Stanley (MS) reported Q3 FY 2017 earnings of $0.93 per share (versus $0.81 in Q3 FY 2016), beating analysts' consensus estimate of $0.81.

    The company's quarterly revenues amounted to $9.197 bln (+3.2% y/y), beating analysts' consensus estimate of $9.048 bln.

    MS rose to $ 49.55 (+1.25%) in pre-market trading.

  • 12:16

    Company News: Johnson & Johnson (JNJ) quarterly results beat analysts’ estimates

    Johnson & Johnson (JNJ) reported Q3 FY 2017 earnings of $1.90 per share (versus $1.68 in Q3 FY 2016), beating analysts' consensus estimate of $1.80.

    The company's quarterly revenues amounted to $19.650 bln (+10.3% y/y), beating analysts' consensus estimate of $19.291 bln.

    The company also raised FY2017 EPS guidance to $7.25-7.30 from $7.12-7.22 (versus analysts' consensus estimate of $7.18) and FY2017 revenues forecast to $76.1-76.5 bln from $75.8-76.1 bln (versus analysts' consensus estimate of $75.84 bln).

    JNJ rose to $137.57 (+1.07%) in pre-market trading.

  • 12:03

    Company News: Goldman Sachs (GS) quarterly results beat analysts’ expectations

    Goldman Sachs (GS) reported Q3 FY 2017 earnings of $5.02 per share (versus $4.88 in Q3 FY 2016), beating analysts' consensus estimate of $4.16.

    The company's quarterly revenues amounted to $8.330 bln (+2.0% y/y), beating analysts' consensus estimate of $7.595 bln.

    GS rose to $245.25 (+1.17%) in pre-market trading.

  • 07:33

    Major stock markets in Europe trading mixed: FTSE 7520.67 -6.30 -0.08%, DAX 12996.24 -7.46 -0.06%, CAC 5370.36 +7.48 + 0.14%

  • 06:45

    Eurostoxx 50 futures up 0.11 pct , DAX futures down 0.03 pct , FTSE futures down 0.02 pct, CAC 40 futures up 0.15 pct

  • 05:30

    Global Stocks

    Stocks listed in Spain dropped Monday, weighing on the pan-European benchmark, after the central government in Madrid gave Catalonia's separatist leaders until Thursday to drop their push for independence. In Madrid, the IBEX 35 IBEX, -0.75% fell 0.8% to close at 10,181.40, falling for a third straight session. As the index extended its loss from the open, the broader Stoxx Europe 600 SXXP, +0.00% erased its gain to end flat at 391.41.

    The global stock rally showed signs of slowing Tuesday, with many Asia-Pacific indexes little changed ahead of the start of the Chinese Communist Party's congress. One exception was Australia, where stocks rebounded thanks to stronger commodity prices. The S&P/ASX 200 XJO, +0.80% was recently up 0.7% as it got a lift from Rio Tinto RIO, +1.84% and BHP Billiton BHP, +1.45% . Their shares rose more than 1%, with Rio hitting another 3½-year high.

    U.S. stocks closed higher Monday, with all three major indexes logging another round of records, as investors looked ahead to key corporate earnings reports that could set the tone for trading and determine whether the lofty levels of the equity market are justified.

Market Focus
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