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12 December 2019
  • 21:15

    Major US stock indices closed in positive territory

    Major US stocks rose significantly after U.S. President Trump wrote on Twitter that the United States was “very close to a major deal with China,” and WSJ reported that U.S. resellers proposed lowering Chinese import tariffs by 50% $360 billion worth of goods, as well as canceling a new round of tariffs on Chinese goods, the introduction of which is scheduled for December 15.

    However, the Chinese publication Global Times was skeptical about Trump's tweet, saying the US president’s announcement of the deal "could just be another trick to stimulate stock markets." It also added that “China wants to see real actions, not just words.”

    Market participants also studied US data. According to a report from the Department of Labor, producer prices in the US did not change in November, as rising food and gas prices were offset by lower costs of services, indicating moderate inflation despite recent consumer price increases. In the 12 months to November, the producer price index rose 1.1%, which corresponds to the growth in October, which was the smallest increase since October 2016. Economists predicted that the consumer price index would rise by 0.2% per month and increase by 1.2% year on year.

    In a separate report, the Department of Labor reported that the number of Americans applying for unemployment benefits rose to more than a two-year high last week, but this probably does not signal an increase in layoffs, since the data tends to be unstable since Thanksgiving . Initial jobless claims increased by 49,000 to 252,000, seasonally adjusted for the week ending December 7, which is the highest since September 2017. Economists forecast that the number of applications will increase to 213,000.

    Almost all DOW components completed trading in positive territory (28 out of 30). The biggest gainers were Cisco Systems Inc. (CSCO; + 3.26%). Outsider were the shares of The Boeing Co. (BA; -0.87%).

    Most S&P sectors recorded an increase. The raw materials sector grew the most (+ 1.6%). The decrease was shown by the conglomerate sector (-0.3%) and the utilities sector (-0.3%).

    At the time of closing:

    Dow 28,132.05 +220.75 + 0.79%

    S&P 500 3,168.57 +26.94 + 0.86%

    Nasdaq 100 8,717.32 +63.27 + 0.73%

  • 20:00

    DJIA +0.50% 28,051.19 +139.89 Nasdaq +0.28% 8,678.55 +24.50 S&P +0.49% 3,156.95 +15.32

  • 17:01

    European stocks closed: FTSE 100 7,287.00 +70.75 +0.98% DAX 13,221.64 +74.90 +0.57% CAC 40 5,884.26 +23.38 +0.40%

  • 14:36

    U.S. Stocks open: Dow -0.18%, Nasdaq -0.22%, S&P -0.09%

  • 14:28

    Before the bell: S&P futures -0.03%, NASDAQ futures -0.09%

    U.S. stock-index futures traded flat on Thursday, as investors continued to digest the latest Fed’s statements on the economy, while waiting for U.S. President Donald Trump to meet with his top trade advisors ahead of a key deadline with China.


    Global Stocks:

    Index/commodity

    Last

    Today's Change, points

    Today's Change, %

    Nikkei

    23,424.81

    +32.95

    +0.14%

    Hang Seng

    26,994.14

    +348.71

    +1.31%

    Shanghai

    2,915.70

    -8.72

    -0.30%

    S&P/ASX

    6,708.80

    -43.80

    -0.65%

    FTSE

    7,253.38

    +37.13

    +0.51%

    CAC

    5,852.10

    -8.78

    -0.15%

    DAX

    13,124.50

    -22.24

    -0.17%

    Crude oil

    $58.94


    +0.31%

    Gold

    $1,487.80


    +0.87%

  • 13:52

    Wall Street. Stocks before the bell

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


    3M Co

    MMM

    166.7

    -2.04(-1.21%)

    6434

    ALTRIA GROUP INC.

    MO

    50.21

    -0.09(-0.18%)

    2184

    Amazon.com Inc., NASDAQ

    AMZN

    1,746.10

    -2.62(-0.15%)

    11651

    Apple Inc.

    AAPL

    267.81

    -2.96(-1.09%)

    509966

    AT&T Inc

    T

    38.21

    0.04(0.10%)

    10406

    Boeing Co

    BA

    348.25

    -1.75(-0.50%)

    13905

    Chevron Corp

    CVX

    116.4

    0.17(0.15%)

    495

    Cisco Systems Inc

    CSCO

    44.54

    0.26(0.59%)

    37519

    Citigroup Inc., NYSE

    C

    75.5

    -0.05(-0.07%)

    3911

    Deere & Company, NYSE

    DE

    169.75

    0.05(0.03%)

    2178

    Exxon Mobil Corp

    XOM

    68.91

    -0.05(-0.07%)

    6163

    Facebook, Inc.

    FB

    202.39

    0.13(0.06%)

    25953

    FedEx Corporation, NYSE

    FDX

    159

    -0.08(-0.05%)

    10796

    Freeport-McMoRan Copper & Gold Inc., NYSE

    FCX

    12.75

    -0.09(-0.70%)

    78815

    General Electric Co

    GE

    11.31

    0.34(3.10%)

    992131

    Goldman Sachs

    GS

    221

    -0.19(-0.09%)

    363

    Google Inc.

    GOOG

    1,346.00

    0.98(0.07%)

    2724

    Hewlett-Packard Co.

    HPQ

    20

    -0.07(-0.35%)

    396

    Home Depot Inc

    HD

    212.3

    0.30(0.14%)

    56246

    Intel Corp

    INTC

    56.95

    -0.12(-0.21%)

    27041

    International Business Machines Co...

    IBM

    133.9

    0.14(0.10%)

    897

    Johnson & Johnson

    JNJ

    141.35

    0.37(0.26%)

    418

    JPMorgan Chase and Co

    JPM

    134

    -0.18(-0.13%)

    4273

    McDonald's Corp

    MCD

    194.8

    0.08(0.04%)

    1382

    Merck & Co Inc

    MRK

    89.44

    0.46(0.52%)

    1796

    Microsoft Corp

    MSFT

    151.83

    0.13(0.09%)

    76865

    Nike

    NKE

    97.21

    0.03(0.03%)

    1890

    Pfizer Inc

    PFE

    38.3

    0.08(0.21%)

    2917

    Starbucks Corporation, NASDAQ

    SBUX

    87.96

    1.37(1.58%)

    48481

    Tesla Motors, Inc., NASDAQ

    TSLA

    354.74

    2.04(0.58%)

    56174

    The Coca-Cola Co

    KO

    54.08

    0.13(0.24%)

    3687

    Twitter, Inc., NYSE

    TWTR

    30.5

    -0.05(-0.16%)

    16223

    United Technologies Corp

    UTX

    148.22

    0.95(0.65%)

    3122

    Verizon Communications Inc

    VZ

    61.13

    0.05(0.08%)

    2246

    Visa

    V

    181.75

    -0.26(-0.14%)

    4365

    Walt Disney Co

    DIS

    147.7

    0.11(0.07%)

    20179

    Yandex N.V., NASDAQ

    YNDX

    41.55

    0.09(0.22%)

    171

  • 13:49

    Target price changes before the market open

    Home Depot (HD) target lowered to $210 from $220 at Telsey Advisory Group

  • 13:48

    Downgrades before the market open

    Home Depot (HD) downgraded to Accumulate from Buy at Gordon Haskett; target $230

  • 13:48

    Upgrades before the market open

    Starbucks (SBUX) upgraded to Overweight from Neutral at JP Morgan; target raised to $94

    General Electric (GE) upgraded to Buy from Neutral at UBS

  • 13:13

    Company News: lululemon athletica (LULU) quarterly results beat analysts’ estimates

    lululemon athletica (LULU) reported Q3 FY 2019 earnings of $0.96 per share (versus $0.75 in Q3 FY 2018), beating analysts’ consensus estimate of $0.93.

    The company’s quarterly revenues amounted to $0.916 bln +22.5(% y/y), beating analysts’ consensus estimate of $0.898 bln.

    The company also issued in-line guidance for Q4 FY 2019, projecting EPS of $2.10-2.13 vs. analysts’ consensus estimate of $2.13 and revenues of $1.315-1.330 bln vs. analysts’ consensus estimate of $1.32 bln.

    It also raised FY 2019 EPS to $4.75-4.78 from $4.63-4.70; revenues to $3.895-3.910 bln from $3.80-3.84 bln.

    LULU fell to $225.29 (-3.39%) in pre-market trading.

  • 00:30

    Stocks. Daily history for Wednesday, December 11, 2019

    Index Change, points Closed Change, %
    NIKKEI 225 -18.33 23391.86 -0.08
    Hang Seng 208.81 26645.43 0.79
    KOSPI 7.62 2105.62 0.36
    ASX 200 45.7 6752.6 0.68
    FTSE 100 2.49 7216.25 0.03
    DAX 76.02 13146.74 0.58
    Dow Jones 29.58 27911.3 0.11
    S&P 500 9.11 3141.63 0.29
    NASDAQ Composite 37.87 8654.05 0.44
12 December 2019
Market Focus
  • Swiss government raises 2019 GDP growth forecast to 0.9% from 0.8% previously
  • Fed keeps rates on hold, points to 'favourable' economic outlook next year
  • German consumer price growth stabilised in November
  • French consumer prices rose by 0.1% in November, as expected

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