by Pauline Foret
(Reuters) – Wall Street is expected to fall on Friday while European stock markets are in the green at mid-session, at the end of a week shortened by the holidays and marked by expectations around a historically favorable period for the markets. actions. Futures on New York indices signal an opening on Wall Street down 0.34% for the Dow Jones and the Standard & Poor’s 500 and 0.32% for the Nasdaq. In Paris, the CAC 40 gained 0.66% to 7,330.68 points around 12:49 GMT. In Frankfurt, the Dax rose by 0.52% and in London, the FTSE 100 rose by 0.05%.
The EuroStoxx 50 index is up 0.68%, the FTSEurofirst 300 by 0.50% and the Stoxx 600 by 0.51%.
On Thursday, on the Wall Street Stock Exchange, the rise in bond yields caused some of the largest American capitalizations to fall. In pre-market trading, Nvidia and Tesla fell 0.8% and 1.4% respectively and weighed on the Nasdaq.
With only three sessions remaining before the end of the year, investors are still hoping for a “Santa Claus rally”, the period between the end of December and the beginning of January which is historically favorable for American indices.
Trade nevertheless remains quite weak during this holiday season and should only resume its usual pace after January 6, the next important indicator, the monthly report on American employment for the month of December, not due to be published as January 10.
In Europe, the markets are moving in the green at mid-session, driven by the rise in the technology and medical sectors despite a particularly low trading volume. VALUES TO FOLLOW AT WALL STREET
UnitedHealth and Amedisys have agreed to extend the deadline to close their $3.3 billion merger until next year, according to a regulatory filing released Friday.
VALUES IN EUROPE
In Europe, the big loser of the session was Delivery Hero, which fell 5.04% to last place on the Stoxx 600 after the Taiwanese authorities blocked the sale of its Foodpanda branch to Uber.
RATE
US bond yields are rising on Friday after a successful seven-year bond auction.
The yield on ten-year Treasuries rose by 2.8 basis points to 4.6071%, the two-year by 0.3 basis point to 4.3345%.
The yield of the German Bund advances in their wake and pending the early elections across the Rhine, the ten-year gaining 5.6 basis points to 2.3810% and the two-year 2.4 basis points to 2.0910 %.
EXCHANGES The dollar retreated somewhat after strengthening on Friday, in particular against the yen, which reached its lowest level in five months against a backdrop of contrasting policies from the Japanese and American central banks.
The greenback lost 0.16% against a basket of reference currencies.
As a result, the euro gained 0.11% to $1.0433, but remained at its lowest level in two years.
OIL
Oil prices are higher on Friday and on track to end the week on a positive note, driven by expectations of an economic recovery in China, the largest importer of natural resources, and forecasts of a decline in inventories in the United States.
Brent gained 0.72% to $73.79 per barrel and American light crude (West Texas Intermediate, WTI) 0.9% to $70.25.
NO ECONOMIC INDICATOR AS OF DECEMBER 27
(Some data may have a slight lag)
(Written by Pauline Foret, edited by Kate Entringer)
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