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Mixed, Tech Outperforms Again

EQUITIES

A mixed day for stocks in Asia; in China major bourses have drifted lower, as have South Korean and Australian exchanges. Japan, Hong Kong and Taiwan have fared better and are in minor positive territory, but have retreated from highs. Equity markets in the region endured their biggest slide in two months yesterday, which helps explain some of the mixed price action.

  • US futures are also mixed, e-minis in the red but once again the Nasdaq is the outperformer after Microsoft and AMD reported strong earnings. Markets await earnings updates from Apple, Facebook and Tesla due today.

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