Values ​​to follow on Wall Street


PARIS, Sept 26 (Reuters) – Top stocks to watch on Monday on Wall Street, where major index futures suggest an opening down 0.78% for the Dow Jones, 0.73% for the Standard & Poor’s 500 and 0.64% for the Nasdaq:

* CYCLIC STOCKS like BOEING, CATERPILLAR and JPMORGAN CHASE lost more than 1% in the forefront due to concerns about the health of the US economy.

* TECHNOLOGY and growth GROUPS such as APPLE, MICROSOFT, AMAZON and TESLA fell by 0.4% to 0.5% in the forefront due to expectations of a rise in rates until the end of 2023.

* OIL GROUPS CHEVRON, EXXON MOBIL, WESTERN PETROLEUM, SCHLUMBERGER and HALLIBURTON fell 1% to 1.5% on the market as oil prices fell to a low since January due to fears over demand.

* CASINO OPERATORS WYNN RESORTS, LAS VEGAS SANDS and MELCO RESORTS & ENTERTAINMENT jump 6.9% to 9.8% in foreclosure after Macau announced on Saturday that it would reopen the sector in November to tourists from China mainland after nearly three years of closure related to COVID-19.

* APPLE on Monday announced that its new iPhone 14 will also be produced in India, as the group seeks to reduce its reliance on China.

* AMAZON on Sunday announced two days of promotions on October 11 and 12 for subscribers to its Prime service in 15 countries.

* ALPHABET – Google, Alphabet’s main subsidiary, said on Monday that sharing the cost of networks demanded by telecom operators was a 10-year-old idea, which would affect consumers, and that the American group was already investing millions of dollars in internet infrastructure.

* PFIZER on Monday submitted to the Food and Drug Administration (FDA), the health authority in the United States, a request for authorization for a vaccination booster in children aged 5 to 11 years with its vaccine against COVID-19 specifically targeting the Omicron variant of the coronavirus.

* KKR – The consortium led by the American investment fund on Monday withdrew its offer to buy the Australian health group Ramsay Health Care for an amount of 20 billion Australian dollars (13.47 billion euros) due to of a stalemate in the negotiations.

* MCDONALD’S on Monday announced a price hike of around 60% for its consumer offerings in Japan to cope with soaring commodity prices and the depreciation of the yen.

* INTEL – Italy’s outgoing government of Mario Draghi and Intel have chosen the town of Vigasio in the Veneto region as the preferred site for a new semiconductor factory in the country, two sources familiar with the matter said. (Written by Claude Chendjou, edited by Kate Entringer)



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