Wall Street fence: finally no new records


(Boursier.com) – The end of the session was more hesitant Thursday night on Wall Street, the three main indices losing ground in the last minutes of trading. While they were on track to break new all-time highs, the S&P 500 and the Dow Jones finally ended slightly lower, after welcoming encouraging figures for employment in the United States.

At the close of Wall Street, the Dow jones therefore loses 0.25% to 36.398 points, and the S&P 500 displays a slight decline of 0.30% to 4,778 points. The increase did not hold for the Nasdaq, which ultimately lost 0.16% to 15,741 points.

Despite this turnaround, the three main US indices are off to a third consecutive year of growth, with budgetary plans and especially accommodating monetary policies. the S&P 500 For the time being, it has gained nearly 28% since the start of 2021, the Dow jones 19% and the Nasdaq Composite almost 23%.

Oil on the rise

the WTI crude barrel reduced his earnings and advance 0.1% to $ 76.59. Gold ounce grapples 0.1% to $ 1,808. The dollar index takes 0.1% against a basket of currencies. Bitcoin loses around 1% over 24 hours to $ 47,331 …

Unemployment claims are declining

Unemployment claims fell unexpectedly in the United States last week, according to data released Thursday by the Department of Labor which does not yet show the impact on employment of the surge in COVID-19 contaminations. . Registrations reached 198,000 during the week to December 25, compared to 206,000 (revised) the previous week. Economists on average expected an increase to 208,000 registrations after an initial estimate of 205,000 for the previous week.

The Chicago Manufacturing PMI for December 2021 came in at 63.1, down from a consensus of 62 and a level of 61.8 a month earlier. The index therefore signals a still solid expansion of manufacturing activity in the region under consideration.

Values

You’re here (-1.5%) is recalling more than 475,000 of its Model 3 and S cars to address backup camera and trunk issues that would increase the risk of an accident, the National Highway Traffic Safety Administration (NHTSA) said , federal agency responsible for road safety. These are in detail 356,309 Model 3 2017-2020 vehicles for rearview camera problems and 119,009 Model S vehicles due to front hood issues, Reuters reported.

Biogen fell 7% on Wall Street, after a 9.4% jump on Wednesday on rumors of an interest from the South Korean group Samsung for the American “biotech” based in Cambridge, Massachusetts. A key Samsung Group official told MK Health that the Korea Economic Daily report that the Samsung Group may acquire Biogen was not true. The official told MK Health that the Samsung group could not confirm whether talks between the two parties had been conducted. Samsung Biologics also communicated, specifying that the KED report was inaccurate.

The Korea Economic Daily, citing sources within investment banks, said Samsung was in negotiations for a purchase that would value Biogen at more than 50 trillion won, or about $ 42 billion. It would have been the largest acquisition ever made by the South Korean conglomerate.

Walmart (+ 0.3%) and Sam’s Club are ready to receive and distribute the Covid-19 antiviral drugs authorized by the FDA, Paxlovid and Molnupiravir, this week, while stocks last. Drugs Pfizer (+ 1.4%) and Merck (+0.3) will only be available at select Walmart and Sam’s Club stores in a limited number of states until more supply becomes available.

Johnson & johnson (+ 0.4%). J & J’s Covid-19 vaccine has demonstrated, according to the American pharmaceutical and medical group, an 85% effectiveness against hospitalization in South Africa when Omicron was dominant. A separate analysis showed that the Johnson & Johnson vaccine booster generated a 41-fold increase in neutralizing antibodies and a 5-fold increase in T cells against Omicron. The first study, conducted by the South African Medical Research Council (SAMRC), showed that the Johnson & Johnson booster reduced the risk of hospitalization among healthcare workers in South Africa, after Omicron became the dominant variant .

Intel (-0.2%). South Korean firm SK Hynix has completed the first phase of its acquisition of Intel’s NAND flash memory chip business, after receiving regulatory approvals from eight countries, including China. SK Hynix will shell out $ 7 billion of the deal’s total $ 9 billion price tag, the world’s number two memory chip maker said Thursday.

Micron Technology (-2.4%) indicated that the current lockdown in the Chinese city of Xi’an could result in delays in DRAM memory deliveries.



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