by Caroline Valetkevitch

NEW YORK (Reuters) – The New York Stock Exchange ended in mixed order on Monday for its first session of December after a particularly dynamic month of November, with a slight decline in the Dow Jones while the S&P-500 and the Nasdaq were carried by technological values.

The Dow Jones index lost 0.29%, or 128.65 points, to 44,782.00 points.

The broader S&P-500 gained 14.77 points, or 0.24%, to 6,047.15 points.

The Nasdaq Composite rose 185.78 points (0.97%) to 19,403.948 points.

As the enthusiasm generated by Donald Trump’s victory in the US presidential election on November 5 dissipates, with the president-elect having notably promised deregulation and tax cuts, investors are turning their attention again to macroeconomic indicators, with notably the publication on Friday of the monthly report on employment in the United States.

The monthly survey from the Institute for Supply Management (ISM) showed Monday that manufacturing activity improved in November in the United States, with orders increasing for the first time in eight months and factories seeing a decline significant impact on input prices.

If the sector indices of technology, communication services and discretionary consumption each gained around 1% this Monday, the other sectors generally suffered.

In individual values, Tesla gained 3.46% after an increase in the price target by Stifel.

Intel experienced a volatile session before ending with a decline of 0.5% the day after the resignation of its general manager Pat Gelsinger. According to a source, the latter lost the confidence of the board of directors, not convinced by the relevance or speed of his recovery plan for the chip giant, relegated to the shadow of Nvidia (+0.27%), leader chips for artificial intelligence whose market capitalization is now more than 30 times its own.

( Bertrand Boucey)

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