Wall Street pre-opening AOF analysis – Towards a dispersed opening

(AOF) – US equity markets should open on an uncertain note for this last session of the year. The day promises to be particularly calm and the volumes traded fairly small. Despite this dead calm, the American indices are preparing to end the year 2021 with comfortable gains: + 27% for the S&P 500, + 19% for the Dow Jones and + 22% for the Nasdaq Composite. They benefited from rapid progress in the anti-Covid vaccination, the Fed’s ultra-accommodative monetary policy and the strong rebound in corporate results.

Yesterday on Wall Street

US equity markets ended lower, ending a seven-day rally for the Dow Jones. The leading index of the place and the S&P 500 had even reached a new record earlier in the session. The weekly jobless claims had surprised investors favorably, as had the Chicago PMI, but the momentum finally ran out of steam at the very end of the day. At the close, the S&P 500 lost 0.30% to 4,778.73 points, the Dow Jones -0.25% to 36,398.08 points and the Nasdaq -0.16% to 15,741.56 points .

Macroeconomic figures

No indicator is expected this Friday.

The values ​​to follow

AMD

The takeover of Xilinx by its competitor AMD should finally take place during the first quarter of 2022. While the two semiconductor manufacturers anticipated a finalization of the operation before the end of 2021, they split a press release , Thursday evening, explaining not to have received all the necessary authorizations. They say, however, that “conversations with regulators continue to progress productively” and plan to secure all required approvals, for a $ 35 billion transaction announced in October 2020.

Boeing-Lockheed Martin

Israel has offered itself beautiful end-of-year gifts. The country has in fact signed a contract with the United States for the acquisition of 12 CH-53K helicopters from Lockheed Martin and two KC-46 refueling planes from Boeing. In total, this contract is estimated at 3.1 billion dollars.

Exxon Mobil

In a regulatory document filed with the Securities & Exchange Commission on Thursday, U.S. stock market policeman Exxon Mobil said it expects fourth quarter 2021 earnings to rise from $ 700 million to $ 1.1 billion thanks to the increase in fuel prices. On the other hand, variations in margins related to chemicals should have a negative impact of $ 600 million to $ 800 million.

Pfizer

The MHRA, the British drug agency, has authorized Paxlovid, the oral treatment for Covid-19 developed by Pfizer. It has been authorized for use in adults with a mild to moderate form of coronavirus who are at risk of developing a severe form due to their medical history.