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Wall Street Today (S& 500) (Nasdaq): Markets Tighten on Slow Trading

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

Source: Fx Street

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