FINWIRES · TerminalLIVE
FINWIRES

European Equities Traded in the US as American Depositary Receipts Track Higher in Friday Trading

By

European equities traded in the US as American depositary receipts were trending higher late Friday morning, rising 0.74% to 1,979.62 on the S&P Europe Select ADR Index, which is up 0.55% for the week so far.

From continental Europe, the gainers were led by accommodations booking site trivago (TRVG) and biotech firm BioNTech (BNTX), which advanced 7.2% and 6.2%, respectively. They were followed by lender Banco Santander (SAN) and furniture maker Natuzzi (NTZ), which rose 2.9% and 1.7%, respectively.

The decliners from continental Europe were led by biopharmaceutical company Cellectis (CLLS) and oil and gas company Eni (E), which dropped 4.2% and 1.2%, respectively. They were followed by medical device maker EDAP TMS (FOCL) and healthcare tech company Royal Philips (PHG), which were off 1.1% and 0.4%, respectively.

The gainers from the UK were led by biotech firm Trinity Biotech (TRIB) and biopharmaceutical firm Bicycle Therapeutics (BCYC), which climbed 6.6% and 4.3%, respectively. They were followed by mining company BHP Group (BHP) and lender Lloyds Banking Group (LYG), which were up 2.9% and 2.1%, respectively.

The decliners from the UK and Ireland were led by telecommunications operator Vodafone Group (VOD) and biotech firm Autolus Therapeutics (AUTL), which lost 0.5% and 0.4% respectively. They were followed by alcoholic beverage company Diageo (DEO) and hospitality company Intercontinental Hotels Group (IHG), which were down 0.3% each.

Related Articles

Asia Markets

US Equity Indexes Fall After Trump Warns of Severe Economic Actions Against Iran, Driving Up Oil Prices, Bond Yields

US equity indexes fell on Thursday as bond yields and oil prices surged after President Donald Trump warned of severe economic sanctions against Iran, and any country that offers a lifeline to the Middle-East nation.Iran's Foreign Minister Seyed Abbas Araghchi dismissed Trump's warning in an X post, calling it a diversion from America's challenges of "unprecedented debt & surging interest costs."Bond yields continued to rise despite Treasury Secretary Scott Bessent stating that the buyback of long-dated government debt, announced yesterday, could exceed $4 billion per operation, CNBC reported Thursday, citing an interview with the official.The Nasdaq Composite fell 1% to 26,067.1, and the S&P 500 declined 0.8% to 7,641.6. The Dow Jones Industrial Average shed 1.3% to 52,762.3. Energy and real estate sectors led the gainers, while consumer staples and health led the decliners.The yield on 30-year Treasuries rose 5.4 basis points to 5.248%, while the 10-year yield gained 4.9 basis points to 4.702%.Gold futures gained 0.9% to $4,587.4 per ounce, and silver futures rose 3.9% to $68.43.In economic news, the Conference Board's measure of leading indicators rose by 0.2% in July, a larger gain than the 0.1% increase expected in a survey compiled by Bloomberg, and following a 0.1% decrease in June.The Conference Board highlighted that economic growth is expected to be driven by investments in AI, while consumer spending could slump due to the higher cost of living.The Philadelphia Federal Reserve's monthly manufacturing index rose to 47.4 in August, compared with 41.4 in July and an anticipated decrease to 24.1 according to a survey compiled by Bloomberg.According to the Labor Department, US initial jobless claims declined to 206,000 in the week ended Aug. 15 from the upwardly revised 212,000 level in the week earlier, and lower than 210,000 expected in a survey of analysts compiled by Bloomberg.US natural gas stocks rose by 16 billion cubic feet in the week ended Aug. 14, higher than the 15 billion gain expected in a survey compiled by Bloomberg and following an increase of 36 billion cubic feet in the week prior.The US West Texas Intermediate crude oil contract rose 2.7% to $88.15 per barrel.In company news, SpaceX (SPCX) shares fell 4% on Thursday after around 319 million early-investor shares of the company became eligible to trade today. The company also approached Cognition AI for a potential acquisition, but there are currently no active deal talks between them, Bloomberg reported late Wednesday, citing people familiar with the matter.Walmart (WMT) shares fell 9.1% on Thursday after its fiscal 2027 adjusted EPS guidance missed analyst expectations. The company reported fiscal Q2 adjusted earnings of $0.81 per share, up from $0.68 a year earlier and above the FactSet estimate of $0.74. Revenue was $187.94 billion, up from $177.40 billion a year ago and above the FactSet estimate of $186.62 billion. For fiscal 2027, Walmart expects adjusted EPS of $2.80 to $2.87, up from $2.75 to $2.85 earlier, but below the FactSet estimate of $2.90.Moderna (MRNA) shares fell 23.5% following a 177% jump at the close of the previous trading session. The drugmaker and Merck (MRK) announced positive topline results from a late-stage trial of an experimental skin cancer treatment on Wednesday.

Dow JonesNasdaq CompositeS&P 500$MRK$MRNA$SPCX$WMT
Asia Markets

US Equity Indexes Fall as Oil Prices Rise After Trump's 'Economic D-Day' Warning to Iran

US equity indexes fell after midday trading on Thursday as bond yields and oil prices surged after President Donald Trump threatened the "most crushing economic operation" on Iran, while also warning of consequences for countries that support or conduct business with Iran.The bond yield reversal comes a day after the US Treasury decided to boost repurchases of long-dated government debt to $4 billion per operation from September. Treasury Secretary Scott Bessent said the buyback program could exceed $4 billion, and US plans to mount economic pressure on Iran will likely negate the need for further military action, CNBC reported Thursday, citing an interview with the official.The Nasdaq Composite fell 0.9% to 26,093.6, the S&P 500 declined 0.5% to 7,667.7, and the Dow Jones Industrial Average shed 0.9% to 52,955.2. The energy and real estate sectors led the gainers, while consumer discretionary and consumer staples led the decliners.The yield on 30-year Treasuries rose 5.4 basis points to 5.248%, while the 10-year yield gained 4.9 basis points to 4.702%.Gold futures gained 0.4% to $4,565.2 per ounce, and silver futures rose 3.6% to $68.24.In economic news, the Conference Board's measure of leading indicators rose by 0.2% in July, a larger gain than the 0.1% increase expected in a survey compiled by Bloomberg, and following a 0.1% decrease in June.The Conference Board highlighted that economic growth is likely to be driven by investments in AI, while consumer spending is forecast to slow down due to the higher living costs.The Philadelphia Federal Reserve's monthly manufacturing index rose to 47.4 in August, compared with 41.4 in July and an anticipated decrease to a 24.1 print in a survey compiled by Bloomberg.According to the Labor Department, US initial jobless claims fell to 206,000 in the week ended Aug. 15 from an upwardly revised 212,000 in the week earlier, and lower than the 210,000 expected in a survey of analysts compiled by Bloomberg.US natural gas stocks rose by 16 billion cubic feet in the week ended Aug. 14, higher than the 15 billion gain expected in a survey compiled by Bloomberg and following an increase of 36 billion cubic feet in the week prior.The US West Texas Intermediate crude oil contract rose 1.9% to $87.52 per barrel.In company news, SpaceX (SPCX) approached Cognition AI about a potential acquisition, Bloomberg reported Wednesday, citing people familiar with the matter. There are currently no active deal talks between SpaceX and the AI coding startup, but they continue to discuss a potential collaboration, per the report. SpaceX shares were down 5.9%.Walmart (WMT) shares fell 8.8% on Thursday after its fiscal 2027 adjusted EPS guidance fell short of analysts' expectations. The company reported fiscal Q2 adjusted earnings of $0.81 per share, up from $0.68 a year earlier and above the FactSet estimate of $0.74. Revenue was $187.94 billion, up from $177.40 billion a year ago and above the FactSet estimate of $186.62 billion. For fiscal 2027, Walmart expects adjusted EPS of $2.80 to $2.87, up from $2.75 to $2.85 earlier, but below the FactSet estimate of $2.90.

Dow JonesNasdaq CompositeS&P 500$SPCX$WMT
Asia Markets

Exchange-Traded Funds Fall as US Equities Decline After Midday

Broad Market IndicatorsBroad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) fell 0.5%.US equity indexes were lower after midday Thursday as bond yields and oil prices rose after President Donald Trump threatened economic warfare on Iran and its trade partners.EnergyIShares US Energy ETF (IYE) and the State Street Energy Select Sector SPDR (XLE) each rose about 0.7%.TechnologyThe State Street Technology Select Sector SPDR ETF (XLK) eased slightly; iShares US Technology ETF (IYW) and iShares Expanded Tech Sector ETF (IGM) also declined.The State Street SPDR S&P Semiconductor (XSD) shed 1.6%, while iShares Semiconductor (SOXX) added 0.2%.FinancialThe State Street Financial Select Sector SPDR (XLF) eased 0.2%. Direxion Daily Financial Bull 3X Shares (FAS) declined 0.7%, and its bearish counterpart, Direxion Daily Financial Bear 3X Shares (FAZ), advanced 0.8%.CommoditiesCrude oil rose 2.4%, and the United States Oil Fund (USO) added 2.4%. Natural gas slipped 3.2%, and the United States Natural Gas Fund (UNG) was down 1.6%.Gold on Comex rose 0.4%, and the State Street SPDR Gold Shares (GLD) was down 0.1%. Silver gained 3.7%, and iShares Silver Trust (SLV) was up 2.7%.ConsumerThe State Street Consumer Staples Select Sector SPDR (XLP) was down 0.8%. The Vanguard Consumer Staples ETF (VDC) fell 1.8%, while iShares Dow Jones US Consumer Goods (IYK) added 0.5%.The State Street Consumer Discretionary Select Sector SPDR (XLY) was down 1.4%. VanEck Retail ETF (RTH) fell 2.1%, and the State Street SPDR S&P Retail (XRT) shed 2.1%.HealthcareThe State Street Health Care Select Sector SPDR (XLV) shed 0.8%. iShares US Healthcare (IYH) and Vanguard Health Care ETF (VHT) were lower as well. IShares Biotechnology ETF (IBB) fell 2.4%.IndustrialThe State Street Industrial Select Sector SPDR (XLI) lost 0.8%. Vanguard Industrials Index Fund (VIS) and iShares US Industrials (IYJ) were also lower.CryptocurrencyIn midday activity, bitcoin (BTC-USD) added 5.3%. Among cryptocurrency ETFs, ProShares Bitcoin ETF (BITO) gained 6.3%, ProShares Ether ETF (EETH) was up 11.6%, and ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) climbed 6.9%.

Dow Jones^EEM^EXI^FAS^FAZ^GLD^IBB^IGM^IGV^IPK^IVV^IWMNasdaq Composite^IYE^IYH^IYJ^IYK^IYW^PMR^QQQ^RTH^SOXXS&P 500^SPY^UNG^USO^VDC^VHT^VIS^XLE^XLF^XLI^XLK^XLP^XLV^XRT^XSD$BETH$BITO$EETH