Stock indices traded little changed after Eurozone's inflation data. Eurozone's inflation remained unchanged at 0.5% in June. Analysts had expected an increase to 0.6%.
German retail sales declined 0.6% in May, missing expectations for a 0.8% rise, after a 0.9% decrease in April. On a yearly basis, German retail sales rose 1.9% in May, missing expectations for a 2.8% gain, after a 3.2% increase in April. April's figure was revised down from a 3.4% rise.
M3 money supply in the Eurozone increased 1.0% in May, beating expectations for a 0.7% gain, after a 0.8% rise in April.
Private loans in the Eurozone decreased 2.0% in May, missing expectations for a 1.7% fall, after a 1.8% drop in April.
Royal Philips NV shares declined 4.5% after reporting the company want to merge its LED-component and automotive-lighting units into a stand-alone company.
Osram Licht AG increased 7.2% after JPMorgan Chase & Co. upgraded the company's rating.
EasyJet Plc fell 6.4% after Bank of America Corp. downgraded the company's rating.
Indexes on the close:
Name Price Change Change %
FTSE 100 6,743.94 -13.83 -0.20%
DAX 9,833.07 +17.90 +0.18%
CAC 40 4,422.84 -14.15 -0.32%
U.S. stock-index futures were little changed as investors assessed valuations before data that may show the economy is improving.
Global markets:
Nikkei 15,162.10 +67.10 +0.44%
Hang Seng 23,190.72 -30.80 -0.13%
Shanghai Composite 2,048.33 +11.92 +0.59%
FTSE 6,748.05 -9.72 -0.14%
CAC 4,430.47 -6.52 -0.15%
DAX 9,843.78 +28.61 +0.29%
Crude oil $106.10 (-0.56%)
Gold $1314.40 (-0.42%)
(company / ticker / price / change, % / volume)
Pfizer Inc | PFE | 29.68 | +0.03% | 71.3K |
AT&T Inc | T | 35.43 | +0.06% | 56.8K |
General Electric Co | GE | 26.45 | +0.08% | 0.2K |
United Technologies Corp | UTX | 116.69 | +0.09% | 9.4K |
Chevron Corp | CVX | 130.49 | +0.10% | 20.0K |
Walt Disney Co | DIS | 85.43 | +0.15% | 18.8K |
Cisco Systems Inc | CSCO | 24.75 | +0.20% | 52.9K |
3M Co | MMM | 143.69 | 0.00% | 0.2K |
Goldman Sachs | GS | 166.78 | 0.00% | 4.6K |
American Express Co | AXP | 94.93 | 0.00% | 0.1K |
Boeing Co | BA | 128.54 | 0.00% | 7.0K |
Caterpillar Inc | CAT | 108.78 | 0.00% | 6.3K |
E. I. du Pont de Nemours and Co | DD | 65.44 | 0.00% | 9.3K |
Exxon Mobil Corp | XOM | 101.21 | 0.00% | 44.6K |
Johnson & Johnson | JNJ | 104.99 | 0.00% | 30.4K |
UnitedHealth Group Inc | UNH | 82.00 | 0.00% | 10.1K |
Merck & Co Inc | MRK | 57.53 | 0.00% | 29.9K |
The Coca-Cola Co | KO | 42.19 | 0.00% | 38.5K |
Wal-Mart Stores Inc | WMT | 75.34 | 0.00% | 16.6K |
Procter & Gamble Co | PG | 79.00 | -0.03% | 28.7K |
JPMorgan Chase and Co | JPM | 57.50 | -0.05% | 2.2K |
International Business Machines Co... | IBM | 181.60 | -0.06% | 11.1K |
Nike | NKE | 77.62 | -0.08% | 8.1K |
Travelers Companies Inc | TRV | 93.83 | -0.10% | 4.5K |
Microsoft Corp | MSFT | 42.20 | -0.12% | 86.3K |
McDonald's Corp | MCD | 101.32 | -0.14% | 9.5K |
Home Depot Inc | HD | 81.00 | -0.16% | 13.4K |
Intel Corp | INTC | 30.86 | -0.23% | 51.0K |
Verizon Communications Inc | VZ | 49.19 | -0.26% | 66.8K |
Upgrades:
Yahoo! (YHOO) upgraded to Overweight from Neutral at Piper Jaffray; tgt raised to $43 from $37
Downgrades:
Other:
FedEx (FDX) target raised to $168 from $161 at Oppenheimer
Stock indices traded little changed after Eurozone's inflation data and retail sales from Germany. Eurozone's inflation remained unchanged at 0.5% in June. Analysts had expected an increase to 0.6%.
German retail sales declined 0.6% in May, missing expectations for a 0.8% rise, after a 0.9% decrease in April. On a yearly basis, German retail sales rose 1.9% in May, missing expectations for a 2.8% gain, after a 3.2% increase in April. April's figure was revised down from a 3.4% rise.
M3 money supply in the Eurozone increased 1.0% in May, beating expectations for a 0.7% gain, after a 0.8% rise in April.
Private loans in the Eurozone decreased 2.0% in May, missing expectations for a 1.7% fall, after a 1.8% drop in April.
Royal Philips NV shares declined 3.3% after reporting the company want to merge its LED-component and automotive-lighting units into a stand-alone company.
Osram Licht AG increased 3.7% after JPMorgan Chase & Co. upgraded the company's rating.
EasyJet Plc fell 5.9% after Bank of America Corp. downgraded the company's rating.
Current figures:
Name Price Change Change %
FTSE 100 6,753.51 -4.26 -0.06%
DAX 9,832.36 +17.19 +0.18%
CAC 40 4,421.73 -15.26 -0.34%
Asian stock indices traded mixed on sluggish trading day. Investors are awaiting key events later in the week. China will release manufacturing data for June on Tuesday. The Reserve Bank of Australia will release its interest decision on Tuesday. The U.S. labour market report will be released on Thursday.
Japan's industrial production rose 0.5% in May, missing expectations for a 0.9% increase, after a 2.8% decline in April. On a yearly basis, industrial production in Japan increased 0.8% gain in May, after a 3.8% rise in April.
Housing starts in Japan dropped 15.0% in May, after a 3.3% decline in April. Analysts had expected a 10.1% decrease.
Indexes on the close:
Nikkei 225 15,162.1 +67.10 +0.44%
Hang Seng 23,190.72 -30.80 -0.13%
Shanghai Composite 2,048.33 +11.92 +0.59%
Nikkei 15,095 -213.00 1.39%
Hang Seng 23,222 +24.00 0.10%
Shanghai Composite 2,037 -2.00 0.08%
S&P 1,961 +4.00 0.19%
Nasdaq 4,398 +19.00 0.43%
Dow 16,852 +6.00 0.03%
FTSE 6,758 +23.00 0.34%
CAC 4,437 -3.00 0.06%
DAX 9,815 +10.00 0.10%