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Global Market Update

Tata Motor Auto Sales Drop 7%, Hero Moto Vehicle Sales Rise 0.7%
Dec 02, 2015 7:52 AM ET
India heavy rains shut down Chennai city for the second day in a row. Tata Motors said auto sales in November slipped 7% but Hero MotoCorp said two-wheeler vehicle sales rose 0.6%. Cox & Kings announced to sell its U.K.-based adventure travel subsidiary. >>

Nikkei Edges Down, JX and TonenGeneral in Merger Talks
Dec 02, 2015 7:52 AM ET
The Bank of Japan is on track to meet its 2% inflation target and the monetary base in November surged 32.5%. Euglena jumped as ANA plans to use mix algae-based biofuel. JX Holdings and TonenGeneral are in merger talks. >>

S&P 500 Index Up 0.7%; European Markets Edge Up, Rates on Hold in India
Dec 01, 2015 1:03 PM ET
Stocks on Wall Street advanced in halting fashion on the first day of trading in December after auto sales rose and construction activities expanded. European markets gained and unemployment in the euro zone edged down but remained elevated. India and Australia left rates unrevised. >>

Ford, GM, Chrysler Auto Sales Rise; Shoe Carnival, Thor Soar
Dec 01, 2015 12:18 PM ET
Ford auto sales increased 3% and GM vehicle sales rose 1.5% in November. Fiat Chrysler sales jumped 3% and record November sales since 2000. Bank of Montreal net rose 2%. Bank of Nova Scotia profit surged 31% on 6% increase in revenues. Shoe Carnival net plunged 13%. Thor net jumped 30%. >>

U.K. Banks Clear Stress Tests, Accor Acquires 29 Hotels in Europe
Dec 01, 2015 11:17 AM ET
In a mixed trading session, European markets mostly declined. Banks provide a boost to the FTSE 100 index in London. France-based Accor acquires 29 hotels across Europe for 284 million. Large U.K. banks pass annual financial stress test. Linde cuts its 2017 outlook. >>

Nikkei Halts 3-Day Decline, Nissan to Lift Renault Stake to 25%
Dec 01, 2015 11:16 AM ET
Nikkei average in Tokyo rose after three-days of decline. The manufacturing sector continued to expand in November and capital spending surged 11.2%. Nissan lifts its stake in Renault to 25%. >>

With Rates on Hold, Bargain Hunting Drives Australian Stocks Higher
Dec 01, 2015 9:42 AM ET
The Reserve Bank of Australia left the official cash rate unchanged at historic low 2% and held out for a possible rate cut in 2016. Building approvals increased 3.9% in October. ASX 200 index soared 1.9%. >>

RBI in India Leaves Rate Unchanged; Maruti, M&M Auto Sales Jump
Dec 01, 2015 8:17 AM ET
The Reserve Bank of India left its repo rate unchanged at 6.75%. Maruti Suzuki India said auto sales in November advanced 9.7% and M&M vehicle sales surged 21%. TV18 and CNN plans to renew their partnership. >>

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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc