Here's a super-quick guide to what traders are talking about right now
Thomson Reuters
Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets.
- Netflix beat earnings after the bell on Monday and shares hit all-time highs.
- Goldman Sachs and Morgan Stanley crushed earnings expectations.
- Spain's IBEX continues to fall amid Catalonia tensions.
- Oil is adding to previous gains as Iraqi and Kurdish forces clash.
Here's Lutz:
Good Morning! US Futures are drifting around unchanged, with some big tech rallying behind NFLX up 2.5%. Slightly Green in Europe, with the DAX up 10bp in very light volumes. Staples acting good behind Danone #s and Banks rallying as activists target Credit Suisse. IBEX continues to underperform into Thursday's Catalonia presser, and Italian Banks are under some pressure early. In London, FTSE up small in heavy turnover - Sharp weakness in Merlin offset by Pearson's leap higher, and weakness in Miners offset by a rally in FTSE banks. In Asia, TOPIX up 20bp - Hang Seng Unch and Shanghai off small in terrible liquidity - KOSPI up20bp, but Tech-Heavy KOSDAQ up 1.7%, and Aussie popped 70bp as Miners shares rallied behind RIO shipment #s.
The US 10YY is unch after being rejected from the 200d earlier - but Fed Funds at 87% for December and the 2YY at 9year highs and the DXY continues to rally as Taylor's chances increase in Washington. Broad based rally in the Dollar, as UK Inflation posts inline at 5Y+ highs and Euro weaker as Germany's ZEW comes in light. Ore retreated 2% overnight, and we have some profit-taking in Copper, off 1% early. Gold Continues to retreat from $1300 and the 200dma as the stronger $ outweighs North Korea angst. WTI adding to yesterday's gains as Iraqi and Kurdish forces continue to clash, and Natty Gas rebounding, up nearly 2% as Traders on the East Coast awaken to a chilly morning.
Get the latest Oil WTI price here.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas