This is what you need to know to trade today, Monday, December 14:
Equity markets are in a holding pattern as Monday brings little new data, while the rest of the week will be a continued blockbuster. The US CPI will be released on Tuesday, the Fed on Wednesday, and the ECB and BoE on Thursday. Oil and yields were lower this morning, contributing to a flat session in Europe, despite Asia closing lower.
The Dollar Index stands at 104.72, while Oil continues to fall and reaches 70.69 dollars. Gold is more or less stable at $1,793, and Bitcoin is trading at $16,900.
The markets europeans is it so flat: Eurosotxx +0.15%, FTSE +0.1% and DAX -0.8%.
Futures from USA up: Nasdaq +0.3%, S&P +0.25% and Dow +0.2%.
Featured Wall Street News
British minister Jeremy Hunt says the UK economy is likely to get worse and he doesn’t know if inflation has peaked.
Microsoft (MSFT) will buy a share in the London Stock Exchange.
Amgen (AMGN) will buy Horizon Therapeutics (HZNP).
Coupa Software (COUP) It jumps to the rumor that Thoma Bravo will offer $81 per share.
Reuters headlines
Clovis Oncology (CLVS): The US drugmaker filed for bankruptcy protection in Delaware on Sunday.
Coinbase Global (COIN): The US Supreme Court agreed on Friday to hear cryptocurrency exchange Coinbase’s offer to stop lawsuits the company claims belong to a private arbitration, including one from a user suing after a fraudster stole from his bill.
General Motors (GM): The US Department of Energy said it had finalized a $2.5 billion low-cost loan to a joint venture of General Motors and LG Energy Solution to help pay for three new lithium-ion battery manufacturing facilities .
Rivian Automotive (RIVN): The company announced the discontinuation of its joint venture with Mercedes-Benz Vans, just three months after the two companies partnered to manufacture electric vans in Europe.
Spirit Airlines (SAVE): The company has offered its pilots a 43% cumulative weighted average pay increase over two years, according to a union memo seen by Reuters.
Ups and downs
Uploads $BBY $BDX $COUP $GPS $MNDY $UAAhttps://t.co/eAzzXmW2uv pic.twitter.com/K0ojaJrFsL
– *Walter Bloomberg (@DeItaone) December 12, 2022
Sale $BYD $ILMN $LEVI $MU $NRVO $QCOM $ULTAhttps://t.co/h7EhokdnFw pic.twitter.com/GUfD65h9Wm
– *Walter Bloomberg (@DeItaone) December 12, 2022
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
