U.S. & Foreign Markets

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U.S. Markets & Indexes - January 18, 2019

Futures at 6:20am ET

Dow +0.6%

S&P +0.4%

Nasdaq +0.4%

Crude +1.4% to $53.11

Gold -0.6% to $1284.80

Bitcoin +0.6% to $3608


Ten-year Treasury Yield

+2 bps to 2.77%  

 

Earnings Today

NONE

  

  

  

Thursday's Key Earnings


American Express (NYSE:AXP

-2.3% AH with higher provisions, expenses.


Morgan Stanley (NYSE:
MS

-4.4% amid bond trading woes.


Netflix (
NFLX)

-3.8% AH on spending, guidance fears.


Taiwan Semiconductor (NYSE:
TSM) +1.8% beating expectations. 



World Gainers & Losers

  • ADRs
  • FTSE
  • HSI
  • NIKKEI

Company    Price     %Change

 

PDG Realty SA Empree...

4.02  +616.83%

Abertis Infraestruct...

4.00  +95.12%

Chugoku Electric Pow...

40.00  +87.09%

Thomas Cook Group pl...

1.01  +41.95%

GOME Retail Holdings...

2.31  -72.82%

Genting Bhd

10.51  -52.12%

Ambu A/S

21.90  -18.74%

Consort Medical PLC

10.80  -18.49%


Data as of 3:26pm ET





Stock News        

     

Earnings... Netflix (NASDAQ:NFLX) forecast Q1 revenue slightly below Wall Street estimates, even after a record quarter for new customers, sending shares of the streaming service down almost 4% AH. There were also fears that spending on content and willingness to take on new debt were not justified by the latest figures. Alternatively, investors may have been hoping for more after a U.S. price hike earlier this week. 

  

Former CBS head Leslie Moonves is challenging the company's decision last month to deny him a severance package of $120M, a move that will further prolong a months-long drama at the media conglomerate. Moonves resigned as CEO in September amid accusations of sexual harassment, and was denied severance by the CBS board over policy violations, breach of contract and failing to fully cooperate with the investigation. 

  

America's most popular vehicle is going electric. While a timeline wasn't given, Ford (NYSE:F) announced an all-electric plugin version of its F-150 pickup truck at the Detroit Auto Show - a decision the automaker says will "future-proof" the model and F-Series franchise. It's big news, given that the F-150 is pretty much the quintessential symbol of a fossil fuel-powered workhorse. 

  

U.S. refiners are bidding up prices for scarce types of crude oil needed for their most sophisticated plants as the White House reconsiders harsher oil sanctions on Venezuela. 500,013 barrels per day were exported from the country to the U.S. last year, down from 591,422 bpd in 2017. The largest American importers currently include Citgo Petroleum, Valero Energy (NYSE:VLO), Chevron (NYSE:CVX) and PBF Energy (NYSE:PBF). 

  

Florida Governor Ron DeSantis, who took control on Jan. 8, is paving the way to end legal wrangling over smokable medical marijuana. Patients can currently only use oils, sprays, edibles and vaping due to a "slippery slope toward recreational use," but if the Florida legislature does not change the law by mid-March, DeSantis said he'll drop the state's appeal in the case. 

  

Malaysia would consider dropping charges against Goldman Sachs (NYSE:GS) if it was compensated for the full amount raised for the 1MDB fund. That's according to Malaysian finance minister Lim Guan Eng, who added that an appropriate figure would be $7.5B. "Goldman Sachs was lied to by certain members of the former Malaysian government and 1MDB," an investment bank spokesman declared. "We intend to vigorously contest the charges brought against us." 

  

JPMorgan CEO Jamie Dimon received a compensation package valued at $31M last year, up 5% from $29.5M in 2017 and exceeding his record $30M compensation in 2007 before the financial crisis. JPMorgan's (NYSE:JPM) shares fell 9% in 2018, trailing the wider market but easily outperforming other large U.S. banks. It also recorded a profit of $32.5B, the highest profit in U.S. banking history. 


According to a federal appeals court, the government shutdown will not delay oral arguments set for Feb. 1 on the Trump administration's decision to repeal the 2015 net neutrality rules governing internet providers. A group of 22 state attorneys general, as well as companies like Mozilla, Vimeo and Etsy (NASDAQ:ETSY), have asked the court to reinstate the rules and block the FCC's effort to pre-empt states from imposing their own guidelines guaranteeing an open internet. Related stocks: ATUS, CMCSA, CTL, CHTR, FTR, T, VZ, NFLX, DISH, CCOI, S, TMUS  


 


After Market
North & South American Markets


North and South American markets finished broadly higher today with shares in U.S. leading the region. The S&P 500 is up 1.32% while Brazil's Bovespa is up 0.78% and Mexico's IPC is up 0.26%. 

  

Indexes - After Market Change  Level   Last Update 


 
Dow Jones Industrial Average

United States

+336.25  +1.38%  24,706.35

4:20pm ET

S&P 500 INDEX  United States

+34.75  +1.32%  2,670.71

4:20pm ET

Nasdaq  United States
7,157.23  +72.76  (+1.03%)

4:20pm ET

Russell 2000  United States
1,482.50  +15.25  (+1.04%)

4:20pm ET

Brazil Bovespa Stock Index  Brazil

+745.66  +0.78%  96,096.75

3:19pm ET

Canada S&P/TSX 60  Canada

+7.48  +0.83%  911.39

Jan 17

Santiago Index IPSA  Chile

+31.71  +0.79%  4,030.52

3:44pm ET

IPC  Mexico

+309.46  +0.70%  44,241.54

4:16:00pm ET

 
 
All After Market  


Cryptocurrencies -After Market 

Symbol  Last Price  Change  % Change


BTC-USD

Bitcoin USD

3,652.11  -33.19  -0.90%

XRP-USD

Ripple USD

0.3236  -0.0077  -2.32%

ETH-USD

Ethereum USD

120.65  -3.07  -2.48%

BCH-USD

Bitcoin Cash / BCC USD

126.50  -3.78  -2.90%

XLM-USD

Stellar USD

0.1063  -0.0020  -1.85% 



Stocks Trending Tickers - After Market

Symbol  Last Price  Change  % Change


TSLA

Tesla, Inc.

302.26  -45.05  -12.97%

FNMA

Federal National Mortgage Association

2.41  +0.61  +33.89%

CRON

Cronos Group Inc.

14.90  +1.24  +9.08%

TLRY

Tilray, Inc.

77.20  -6.25  -7.49%

FMCC

Freddie Mac

2.38  +0.57  +31.49%  



Stocks Most Actives - After Market

Symbol  Last Price  Change  % Change


GE

General Electric Company

9.06  -0.08  -0.88%

BAC

Bank of America Corporation

29.30  +0.31  +1.07%

AMD

Advanced Micro Devices, Inc.

20.77  +0.52  +2.57%

FNMA

Federal National Mortgage Association

2.41  +0.61  +33.89%

PCG

PG&E Corporation

7.23  +0.87  +13.68% 


Stocks Gainers - After Market

Symbol  Last Price  Change  % Change


FNMA

Federal National Mortgage Association

2.41  +0.61  +33.89%

FMCC

Freddie Mac

2.38  +0.57  +31.49%

FMCCM

Freddie Mac

17.36  +4.02  +30.13%

FMCKN

Freddie Mac

8.85  +1.50  +20.41%

CXMSF

CEMEX, S.A.B. de C.V.

0.59  +0.09  +18.00% 

  


Stocks: Losers - After Market

Symbol  Last Price  Change  % Change


ORGO

Organogenesis Holdings Inc.

30.35  -24.65  -44.82%

IMMU

Immunomedics, Inc.

13.31  -4.78  -26.42%

TSLA

Tesla, Inc.

302.26  -45.05  -12.97%

TI-A

Telecom Italia S.p.A.

4.78  -0.54  -10.15%

TLRY

Tilray, Inc.

77.20  -6.25  -7.49% 



Top Mutual Funds - After Market

Symbol  Last Price  Change  % Change


BIPIX

ProFunds Biotechnology UltraSector Inv

59.33  +1.23  +2.12%

BIPSX

ProFunds Biotechnology UltraSector Svc

46.31  +0.96  +2.12%

UMPSX

ProFunds UltraMid Cap Svc

30.86  +0.57  +1.88%

UMPIX

ProFunds UltraMid Cap Inv

37.46  +0.69  +1.88%

JSMVX

Jackson Square SMID-Cap Growth Inv

21.12  +0.35  +1.69% 

 


Top ETFs After Market

Symbol  Last Price  Change  % Change


DWAQ

Invesco DWA NASDAQ Momentum ETF

98.15  +2.72  +2.85%

SOXX

iShares PHLX Semiconductor ETF

166.85  +4.23  +2.60%

CQQQ

Invesco China Technology ETF

43.64  +1.06  +2.49%

PGJ

Invesco Golden Dragon China ETF

35.74  +0.85  +2.44%

SMH

VanEck Vectors Semiconductor ETF

92.88  +2.24  +2.47% 

European Markets/Indexes January 18, 2018

Economic News

        

"Out of consideration for the 800,000 great American workers not receiving pay and to ensure his team can assist as needed, President Trump has canceled his Delegation's trip to the World Economic Forum in Davos, Switzerland," Press Secretary Sarah Sanders said in a statement. Trump had already scrapped his own trip, but Steven Mnuchin, Mike Pompeo, Wilbur Ross, Robert Lighthizer and Chris Liddell were supposed to attend the meeting.   

  

With just 70 days to go until Brexit day, compromise on a deal is still a long way away. Opposition Labour leader Jeremy Corbyn is boycotting talks as Prime Minister Theresa May refuses to rule out a no-deal Brexit. She's also promised Brexiteers she won’t cave in on their key demands, making it more likely that Parliament will take control of the Brexit process. 

  

Sweden's parliament has voted to give Social Democrat leader Stefan Lofven a second term in office, ending more than four months of deadlock after an inconclusive election. The coalition deal will see Lofven cut taxes and deregulate the labor and property rental market, as well as prevent the anti-immigration Sweden Democrats from having a voice in policy. 

  

Germany and China have signed agreements to strengthen coordination in banking, finance and capital markets, pledging to further open market access and deepen cooperation to broaden economic ties. Trade between the two nations has softened amid uncertainty caused by the U.S.-China trade war, but both have shown a willingness to demonstrate that the world remains multilateral. 

  

Centralizing economic defenses six months after the lira's crash rippled through the economy, Turkey's President Erdogan has been granted emergency powers that give him broad authority to act when financial stability is deemed to be under threat. The Turkish parliament also approved the formation of a Financial Stability and Development Committee that will work to curb financial risks and provide security. 


"The journey to a balanced oil market will take time, and is more likely to be a marathon than a sprint," according to the IEA's closely watched monthly report. Production cuts by OPEC and Russia are being offset by swelling U.S. shale oil supply and an uncertain demand outlook. In fact, the U.S. in 2019 "will reinforce its leadership as the world's number one crude producer."  



Stock News     


Meanwhile, Berlin is now considering ways to bar China's Huawei from a 5G network buildout. It's a shift from the German government's position from October, when it told lawmakers it saw no legal basis to exclude any vendors from an upcoming 5G auction. Competitor watch: Nokia (NYSE:NOK) and Ericsson (NASDAQ:ERIC) could benefit as Western governments increasingly ban Huawei from their markets. 


Offshoring or Brexit fallout? Production is moving out of England for British sports car brand Lotus as Chinese owner Geely (OTCPK:GELYY) transfers manufacturing to a new plant in central China capable of putting out 150K vehicles per year. Geely also owns a suite of automotive businesses, from Volvo Cars to Proton, and has stakes in Mercedes-Benz-owner Daimler (OTCPK:DDAIF) and truckmaker Volvo Group (OTCPK:VOLVF).  




European Indexes - After Market  


European markets closed sharply higher today with shares in Germany leading the region. The DAX is up 2.63% while London's FTSE 100 is up 1.95% and France's CAC 40 is up 1.70%. 

  
Index  Country  Change% Change  Level  Last Update  

 
FTSE 100  England

+133.41  +1.95%  6,968.3311:35am ET

Euronext 100  Europe

+17.59  +1.88%  953.23

12:46pm ET

CAC 40  France

+81.56  +1.70%  4,875.93

12:35pm ET

DAX  Germany

+286.92  +2.63%  11,205.54

12:30pm ET

Swiss Market Index  Switzerland

+109.82  +1.23%  9,023.96

11:31am ET
 

Asian Markets/Indexes January 18, 2019

Economic News       

    

Responding to reports of a possible trade detente between the U.S. and China, stocks across the globe are continuing their climb higher. On Thursday, the WSJ quoted Treasury Secretary Steven Mnuchin as saying Washington could ease tariffs on Beijing, although the suggestion faced pushback from U.S. Trade Representative Robert Lighthizer. Earnings season remains in full swing, and investors today will also be watching figures on U.S. industrial production and consumer sentiment. 

  

Germany and China have signed agreements to strengthen coordination in banking, finance and capital markets, pledging to further open market access and deepen cooperation to broaden economic ties. Trade between the two nations has softened amid uncertainty caused by the U.S.-China trade war, but both have shown a willingness to demonstrate that the world remains multilateral. 

  

Centralizing economic defenses six months after the lira's crash rippled through the economy, Turkey's President Erdogan has been granted emergency powers that give him broad authority to act when financial stability is deemed to be under threat. The Turkish parliament also approved the formation of a Financial Stability and Development Committee that will work to curb financial risks and provide security. 


"The journey to a balanced oil market will take time, and is more likely to be a marathon than a sprint," according to the IEA's closely watched monthly report. Production cuts by OPEC and Russia are being offset by swelling U.S. shale oil supply and an uncertain demand outlook. In fact, the U.S. in 2019 "will reinforce its leadership as the world's number one crude producer."  




Stocks News       

    

"The journey to a balanced oil market will take time, and is more likely to be a marathon than a sprint," according to the IEA's closely watched monthly report. Production cuts by OPEC and Russia are being offset by swelling U.S. shale oil supply and an uncertain demand outlook. In fact, the U.S. in 2019 "will reinforce its leadership as the world's number one crude producer."  

  

Malaysia would consider dropping charges against Goldman Sachs (NYSE:GS) if it was compensated for the full amount raised for the 1MDB fund. That's according to Malaysian finance minister Lim Guan Eng, who added that an appropriate figure would be $7.5B. "Goldman Sachs was lied to by certain members of the former Malaysian government and 1MDB," an investment bank spokesman declared. "We intend to vigorously contest the charges brought against us." 

  

China's ambassador to Canada has warned of "repercussions" if Huawei is blocked from participating in building the country's 5G network. The sharp warning comes as the Chinese telecom equipment supplier fights to maintain a foothold in the West and follows the arrest of Huawei CFO Meng Wanzhou in Vancouver last month. Canada has seen a flood of Chinese money in recent years, particularly in the energy and mining sector. 



  

Asian Indexes - After Market

 
Asian markets closed sharply higher today with shares in China leading the region. The Shanghai Composite is up 1.42% while Japan's Nikkei 225 is up 1.29% and Hong Kong's Hang Seng is up 1.25%. 


Index  Country  Change  %Change  Level  Last Update

   


Australia ASX All Ordinaries  Australia

+31.40  +0.53%  5,941.201

2:11am ET

Shanghai SE Composite Index  China

+36.37  +1.42%  2,596.0

12:29am ET

Hang Seng  Hong Kong

+335.18  +1.25%27,090.81

3:09am ET

Mumbai Sensex  India

+12.53  +0.03%  34,733.60

Jan 17

Nikkei 225  Japan

+263.80  +1.29%20,666.07

1:15am ET

Taiwan TSEC 50 Index  Taiwan

+46.91  +0.48%  9,836.06

12:33am ET