#morning_view 29.04.2021
Market dynamics at the moment (futures):
S&P 500: +0.56% (4199 P.) Nasdaq: +0.84% (14009 P.)
See more Dow Jones: +0.33% (33834 P.)
Gold: +0.62% ($1784)
Brent crude oil: +0.52% ($67.13)
US stock index futures are trading in the green. Yesterday, all three indices ended the day with a decline: S&P 500 corrected to 0.08%, Nasdaq на 0.42%, а Dow Jones на 0.48%. As expected, FED did not raise interest rates and left them at near-zero level. Regulators intend to maintain their position, until the unemployment and inflation rate reaches the planned target. The volume of redemption of government and mortgage bonds will be kept at the same level. but, During his press conference, Fed Chairman Jerome Powell also noted, that when buying shares, investors began to pay less attention to fundamental indicators, as evidenced by unreasonable volatility. This led to the fall of S&P 500, whose stock valuations are at a high level. At the moment about 86% of reported companies exceeded analysts' expectations for earnings per share, overtaking consensus forecasts, average, on 22.7%. Stock market Asia is trading with a plus.
“The rates are still unchanged, And, despite improving economic data, at today's Fed meeting, the issue of raising rates was not discussed ", – said Bethany Payne, portfolio manager at Janus Henderson. "As the, how the pace of vaccination is accelerating, employment is growing, while favorable fiscal policy provides additional support to household and business income, investors are looking for signs that, that the central bank's defensive strategy could be phased out earlier, than expected " – she added.
The first estimate of GDP for 1 neighborhood 2021 of the year, the number of initial applications for unemployment benefits and the index of unfinished sales in the real estate market in March.
Also, among other, today, before the market opens, they will report on 1 neighborhood: Merck $MRK, Caterpillar $CAT. After closing, the results of the reporting will be presented Amazon $AMZN, NIO $NIO и Twitter $TWTR and others.
#summary_corporate_news
$NOK Nokia publishes financial report:
EPS (earnings per share € 0.07 v € 0.01, Rev (revenue) € 5.08B in € 4.86B
– Confirms FY21 Rev € 20.6-21.8B (prior €20.6-21.8B), free cash flow "positive".
– FY21 Non-IFRS Operating Margin Confirmed 7-10%
$START Китайский технологический гигант Baidu со 2 May Launch Paid Robotaxi Services without Driver in Beijing, and will become the first Chinese company, which will offer robotaxi services on a paid basis.
$AMZN Amazon invests over 1 billion dollars in an increase in staff salaries by at least $0,50 – $3 per hour for more than 500 000 employees.
$F Ford suspends production at its Mexico plant with 3 on 17 May due to lack of semiconductor supplies.
$NVS Alcon announced that it has signed an agreement to acquire exclusive rights to commercialize Simbrinza in the United States from Novartis.
$GM EVgo Announces First Three Fast Charging Stations in Partnership with General Motors, as a result of which it plans to triple the size of its current network.
$MRNA Contract drug manufacturer Lonza plans to double Swiss production capacity for COVID-19 vaccine Moderna, which will help the American manufacturer increase its total production to 3 billion doses in 2022 year.
$WWE WWE Executive Vice President of Global Talent Strategy Paul Levesque Announces Sale 27 April 37 115 ordinary shares of a class A company at a price 55,60 dollars per share.
$DHR Danaher Executive Vice President Joakim Vaidemanis Announces Sale 17 169 common shares of the company 27 April for the price 258,759 dollars per share.
