Market news

24 February 2017
  • 20:01

    DJIA 20750.53 -59.79 -0.29%, NASDAQ 5828.02 -7.48 -0.13%, S&P 500 2358.69 -5.12 -0.22%

  • 17:59

    Wall Street. Major U.S. stock-indexes in negative area

    Major U.S. stock indexes slightly fell on Friday, as investors reassessed the "Trump rally" after recent comments suggested that pro-growth policies might take longer to be implemented. U.S. markets are trading at record levels since the U.S. election, spurred by President Donald Trump's promises of tax reforms, reduced regulations and increased infrastructure spending. But, with Trump giving scant detail on his plans - including one on Thursday to bring millions of jobs back to the United States - markets have recently traded in a tight range.

    Most of Dow stocks in negative area (18 of 30). Top loser - JPMorgan Chase & Co. (JPM, -1.54%). Top gainer - Wal-Mart Stores, Inc. (WMT, +1.47%).

    Most of S&P sectors are also in negative area. Top loser - Basic Materials (-1.1%). Top gainer - Utilities (+0.6%).


    At the moment:

    Dow 20755.00 -42.00 -0.20%

    S&P 500 2358.75 -4.00 -0.17%

    Nasdaq 100 5323.75 -8.25 -0.15%

    Oil 54.12 -0.33 -0.61%

    Gold 1257.60 +6.20 +0.50%

    U.S. 10yr 2.33 -0.06

  • 17:00

    European stocks closed: FTSE 7243.70 -27.67 -0.38%, DAX 11804.03 -143.80 -1.20%, CAC 4845.24 -46.05 -0.94%

  • 14:34

    U.S. Stocks open: Dow -0.33%, Nasdaq -0.54%, S&P -0.43%

  • 14:29

    Before the bell: S&P futures -0.47%, NASDAQ futures -0.56%

    U.S. stock-index futures fell as a drop in oil prices weighed and investors assessed if the "Trump rally" had gone too far too soon.

  • 14:01

    Wall Street. Stocks before the bell

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


    3M Co

    MMM

    186.56

    -0.63(-0.3366%)

    2760

    ALCOA INC.

    AA

    33.69

    -0.63(-1.8357%)

    20315

    ALTRIA GROUP INC.

    MO

    74.02

    -0.44(-0.5909%)

    6323

    Amazon.com Inc., NASDAQ

    AMZN

    845.18

    -7.01(-0.8226%)

    21930

    American Express Co

    AXP

    79.57

    -0.48(-0.5996%)

    2055

    Apple Inc.

    AAPL

    135.33

    -1.20(-0.8789%)

    205843

    AT&T Inc

    T

    41.75

    -0.20(-0.4768%)

    1389

    Barrick Gold Corporation, NYSE

    ABX

    20.06

    0.40(2.0346%)

    91765

    Boeing Co

    BA

    176.11

    -0.75(-0.4241%)

    1997

    Caterpillar Inc

    CAT

    94.92

    -0.63(-0.6593%)

    9132

    Chevron Corp

    CVX

    110.5

    -0.52(-0.4684%)

    5427

    Cisco Systems Inc

    CSCO

    33.87

    -0.17(-0.4994%)

    9620

    Citigroup Inc., NYSE

    C

    59.79

    -0.83(-1.3692%)

    115333

    Deere & Company, NYSE

    DE

    106.9

    -0.83(-0.7704%)

    299

    E. I. du Pont de Nemours and Co

    DD

    79.43

    -0.16(-0.201%)

    2105

    Exxon Mobil Corp

    XOM

    81.47

    -0.31(-0.3791%)

    5953

    Facebook, Inc.

    FB

    133.9

    -1.46(-1.0786%)

    169133

    FedEx Corporation, NYSE

    FDX

    191

    -0.18(-0.0942%)

    2313

    Ford Motor Co.

    F

    12.48

    -0.08(-0.6369%)

    33681

    Freeport-McMoRan Copper & Gold Inc., NYSE

    FCX

    13.3

    -0.18(-1.3353%)

    96942

    General Electric Co

    GE

    29.91

    -0.11(-0.3664%)

    17955

    General Motors Company, NYSE

    GM

    37

    -0.25(-0.6711%)

    3320

    Goldman Sachs

    GS

    247.51

    -3.68(-1.465%)

    54669

    Google Inc.

    GOOG

    35.99

    -0.19(-0.5251%)

    16808

    Hewlett-Packard Co.

    HPQ

    17.24

    -0.36(-2.0455%)

    46443

    Home Depot Inc

    HD

    144.12

    -0.59(-0.4077%)

    4210

    Intel Corp

    INTC

    35.99

    -0.19(-0.5251%)

    16808

    International Business Machines Co...

    IBM

    180.58

    -1.07(-0.589%)

    1082

    Johnson & Johnson

    JNJ

    120.66

    -0.24(-0.1985%)

    3149

    JPMorgan Chase and Co

    JPM

    89.85

    -1.28(-1.4046%)

    46052

    McDonald's Corp

    MCD

    127.8

    -0.47(-0.3664%)

    3503

    Merck & Co Inc

    MRK

    65.51

    -0.34(-0.5163%)

    2840

    Microsoft Corp

    MSFT

    64.26

    -0.36(-0.5571%)

    46427

    Nike

    NKE

    57.25

    -0.14(-0.2439%)

    11905

    Pfizer Inc

    PFE

    33.95

    -0.11(-0.323%)

    2718

    Procter & Gamble Co

    PG

    90.85

    -0.28(-0.3073%)

    2076

    Tesla Motors, Inc., NASDAQ

    TSLA

    251.46

    -4.53(-1.7696%)

    102263

    The Coca-Cola Co

    KO

    41.57

    -0.09(-0.216%)

    7901

    Travelers Companies Inc

    TRV

    122.13

    -0.23(-0.188%)

    2455

    Twitter, Inc., NYSE

    TWTR

    15.93

    -0.10(-0.6238%)

    59571

    United Technologies Corp

    UTX

    111.74

    -0.35(-0.3123%)

    2515

    UnitedHealth Group Inc

    UNH

    162.03

    -0.57(-0.3506%)

    2222

    Verizon Communications Inc

    VZ

    50.18

    -0.13(-0.2584%)

    7003

    Visa

    V

    87.61

    -0.57(-0.6464%)

    2906

    Wal-Mart Stores Inc

    WMT

    71.11

    -0.20(-0.2805%)

    17987

    Walt Disney Co

    DIS

    109.27

    -0.46(-0.4192%)

    5154

    Yahoo! Inc., NASDAQ

    YHOO

    44.99

    -0.42(-0.9249%)

    2850

    Yandex N.V., NASDAQ

    YNDX

    23.66

    -0.08(-0.337%)

    1609

  • 13:52

    Upgrades and downgrades before the market open

    Upgrades:


    Downgrades:

    Hewlett Packard Enterprise (HPE) downgraded to Hold from Buy at Needham

    Hewlett Packard Enterprise (HPE) downgraded to Market Perform from Outperform at BMO Capital

    Goldman Sachs (GS) downgraded to Sell from Hold at Berenberg


    Other:

  • 13:27

    Company News: Hewlett Packard Enterprise (HPE) posts mixed results

    Hewlett Packard Enterprise reported Q1 FY2017 earnings of $0.45 per share (versus $0.41 in Q1 FY2016), beating analysts' consensus estimate of $0.44.

    The company's quarterly revenues amounted to $11.407 bln (-10.4% y/y), missing analysts' consensus estimate of $12.050 bln.

    The company issued guidance for Q2 EPS of $0.41-0.45 versus analysts' consensus estimate of $0.45. It also lowered its FY2017 EPS forecast to $1.88-1.98 from $2.00-2.10 versus analysts' consensus estimate of $1.93.

    HPE fell to $22.69 (-7.99%) in pre-market trading.

  • 11:59

    Major European stock indices trading in the red zone

    European stock markets show negative dynamics. Market focus is on corporate reporting as well as the continued political instability in Europe and the United States.

    Some support provide statistical data from France and Britain. The survey results provided by the Statistical Office Insee showed that consumer sentiment in France remained stable this month. According to the data, in February consumer confidence index remained at the level of 100 points, which corresponds to the long-term average. A reading in line with expectations. "Concerns regarding the Household unemployment were virtually stable in February - said Insee. In addition, fewer households than in January expecting a rise in prices in the next 12 months."

    Meanwhile, the British Bankers' Association (BBA) said that in January the British banks approved the largest number of mortgage loans in the last 12 months. According to the data, in January were approved 44,657 applications for mortgage loans compared to 43,581 in December. The last reading was the highest since January last year, when 45,794 applications for mortgage loans have been approved, and exceeded the forecasts of experts who had expected a decline to 41 900.

    The composite index of the largest companies in the region Stoxx Europe 600 was down 0.67%, to the level of 370.34. Most of the major stock exchanges and sectors traded in negative territory.

    The capitalization of BASF - the world's largest chemical company - fell by 3.6% after the company reported a 6 per cent reduction in profit before tax in 2016.

    Shares of Vivendi - French media conglomerate - fell by 4.2%, as financial indicators for 2017 were worse than expectations. The company also reported that in the 4th quarter adjusted net profit fell by 34%, to 130 million euros.

    The cost of Royal Bank of Scotland Group fell 3.4% after the lender announced a net loss of $ 8.7 billion. For 2016.

    At the moment:

    FTSE 100 7226.21 -45.16 -0.62%

    DAX -131.74 11816.09 -1.10%

    CAC 40 4838.52 -52.77 -1.08%

  • 08:49

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

  • 07:34

    Negative start of trading expected on the major stock exchanges in Europe: DAX -0.4%, CAC40 -0.3%, FTSE -0.2%

  • 07:23

    U.S. based technology sector stock funds attract $417 mln over weekly period; 3rd straight week of inflows

  • 06:34

    Global Stocks

    European stocks ended modestly lower Thursday but stayed on track for a weekly gain, as investors sifted through earnings reports and assessed the mixed tone on the path for monetary policy from the Federal Reserve.

    The Dow Jones Industrial Average extended its hot streak on Thursday, closing at a record for a tenth session in a row while the Nasdaq Composite logged its first back-to-back decline of the year, weighed down by big losses in Nvidia Corp.

    Shares in Asia lost ground Friday as dovish signals from the U.S. Federal Reserve weakened the dollar, with possible consequences for the competitiveness of Asian exports. The minutes from the U.S. Federal Reserve's latest meeting released earlier this week suggested the next interest-rate increase would come "fairly soon." Some investors interpreted that as a dovish signal that the Fed was backing away from a rate rise in March.

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