(Finance) – Bad session on Wall Street, after the latest macroeconomic data fueled speculation on possibility that the Federal Reserve will leave rates unchanged this month due to the strength of the U.S. economy. In particular, theNon-manufacturing ISM increased more than expected in December, the number of job offers in the United States unexpectedly increased in November, the US trade deficit increased in November to $78.2 billion.
On the Nasdaq, the significant declines of two heavyweights stand out as Nvidia (revealed new products and partnerships at the major technology conference CES in Las Vegas) and Tesla (Bank of America downgraded the stock to “Neutral” from “Buy”).
Several announcements in the M&A field: Getty Images will merge with Shutterstock in a deal that values the combined company at about $3.7 billion; Paychex announced to acquire Paycor HCM for approximately $4.1 billion in cash; Apollo Global Management and BC Partners have struck a deal to take a controlling stake in ‘s environmental services unit GFL Environmentalin a deal that values the business at C$8 billion.
Among other company announcements, Meta Platformsthe company founded by Mark Zuckerberg which runs Facebook, Instagram and Threads, is ending its fact-checking program in the United States and replacing it with a “Community Notes” system similar to that of X (formerly Twitter, now owned by Elon Musk).
Looking at the main indices of Wall Street, the Dow Jones which stops at 42,667 points, while, on the contrary, it yields to sales theS&P-500which retreats to 5,934 points. In red the Nasdaq 100 (-1.39%); as well, downhill theS&P 100 (-0.93%).
Energy (+1.34%), healthcare (+1.03%) e materials (+0.63%) in good light on the S&P 500 list. In the list, the worst performances are those of sectors secondary consumer goods (-1.92%), informatics (-1.76%) e telecommunications (-0.95%).
At the top of the rankings American giants components of the Dow Jones, Merck (+2.65%), Amgen (+2.08%), Johnson & Johnson (+1.99%) e Chevron (+1.78%).
The worst performances, however, are recorded on Intelwhich gets -1.58%. Prey for sellers Amazonwith a decrease of 1.54%. Slow day for Goldman Sachswhich marks a decline of 1.46%. Small loss for Wal-Martwhich trades at -0.85%.
Between the best performers of the Nasdaq 100, Micron Technology (+16.40%), Modern (+13.56%), CDW (+5.47%) e Walgreens Boots Alliance (+4.01%).
The strongest sales, however, occur at Constellation Energywhich continues trading at -4.05%. Bad performance for Nvidiawhich recorded a decline of 3.91%. They focus on sales Tesla Motorswhich suffers a drop of 3.53%. Sales up Take-Two Interactive Softwarewhich recorded a decline of 2.95%.