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Tech Outperforming

EQUITIES

Tech is outperforming overnight, with Netflix beating expectations and Alibaba soaring after founder Jack Ma resurfaced for the first time in public in months. US earnings today include Morgan Stanley and Procter & Gamble.

  • Asian stocks closed mixed, with Japan's NIKKEI down 110.2 pts or -0.38% at 28523.26 and the TOPIX down 6.26 pts or -0.34% at 1849.58. China's SHANGHAI closed up 16.711 pts or +0.47% at 3583.092 and the HANG SENG ended 320.19 pts higher or +1.08% at 29962.47.
  • European equities are flat/higher, with the German Dax up 74.67 pts or +0.54% at 13845.56, FTSE 100 down 0.36 pts or -0.01% at 6712.95, CAC 40 up 24.89 pts or +0.44% at 5598.61 and Euro Stoxx 50 up 20.06 pts or +0.56% at 3607.11.
  • U.S. futures are rising, with the Dow Jones mini up 46 pts or +0.15% at 30874, S&P 500 mini up 11.5 pts or +0.3% at 3802, NASDAQ mini up 90.75 pts or +0.7% at 13075.5.
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