Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
Toyota ousted General Motors from the top of the U.S. automakers’ sales charts in 2021. This is the first time since 1931 that the Detroit manufacturer’s vehicles are not the best-selling in the U.S. and the first time in history that a foreign company has conquered the top. General Motors sold 2.2 million vehicles in the U.S. last year, an increase of 12.9% over the previous year. Toyota overtook it by 114,000 vehicles and sold 2.3 million cars last year, an increase of 10.4% over 2020.
Mixed trend on Wall Street: The Nasdaq is down 1.2%, the Dow is up 0.9% and the S&P 500 is up 0.1%.
At the bottom of the Nasdaq Pindudo Chinese falling 10%, JD.COM The Chinese are down 7%. More at the bottom, Zoom Video Communications Loses more than 5%.
At the top of the Dow, Caterpillar Jumps 4%, JP Morgan Chase Costs 3.5%, Goldman Sachs More advanced than 3% andAmerican Express Costs 2.8%. More prominent are the increases Ford Motors Which jumps 8.5% with in the background increasing production of electric F-150, energy companies Occidental andLiberton Adding more than 7% against the backdrop of a winter storm in the southeastern United States.
Of the Israelis, Teva retreated 0.5%, Enerta Bio lost 5.4% and Indeptus Therapeutics dropped 2%. On the plus side, REE is up 6.5% and Neurosense is up 4.5%.
Trading on the New York Stock Exchange opened in a positive trend: the Dow Jones Industrial Average was up 0.5% and the S&P 500 was up 0.3%, both to new highs after closing last night. The NASDAQ index is up 0.1%.
Aviation and tourism stocks, and more “reopening” stocks are recording gains, despite the spread of the Corona virus omicron variant. The U.S. reported more than 1 million infections a day. In the background, President Biden’s support rate is declining and voters are giving him poor scores in dealing with the economy.
The 10-year US government bond yield rose by 4 basis points to 1.67% ahead of the release of job vacancies in November later in the day.
In the commodity arena, WTI oil is up 0.7% to about $ 76.6 a barrel and Brent oil is up 0.8% at $ 79.6 a barrel. Gold is up 0.5% to around $ 1,809 an ounce.
The dollar is up 0.1% against the currency basket and up 0.8% against the Japanese yen to 116.3 yen per dollar. The pound strengthened 0.4% to 1.35 shekels per pound and the euro weakened 0.1% to $ 1.13 per euro.
Among the stocks that focus interest:
Car maker stock Ford Motors In the background is the company’s announcement that it is nearly doubling the production of the electric version of the F150 pickup, and that by mid-2023 the plant in Michigan will be able to supply 150,000 units annually.
Retail shares of shoes and sportswear Pot Locker Come down after downloading a recommendation from G. Pi Morgan from “Neutral” to “Lack of Weight”, in which we noted half costs and tougher competition.
Sportswear maker Under Armour Rises after raising a recommendation from investment firm Baird from “Neutral” to “Yield”. Baird noted that the stock may benefit from a cyclical recovery in earnings.
Dark Last night it crossed a market value of $ 3 trillion – the first in the world – but the rise moderated rapidly and the company ended the day with a 2.5% increase, bringing it to a market value of $ 2.98 trillion.
Coca-Cola Rises after raising a recommendation from Guggenheim from “neutral” to “buy”, citing several factors including strong performance in emerging markets.
The rises in European stock markets and contracts on Wall Street indices continue. Yields on bonds continue to climb, and the yield on the 10-year U.S. government bond already stands at 1.66%.
Among Israeli stocks, Biomex, Redhill, IceCure and REE are interested in early trading, while Biondax, Yes Fayette and Gilat are slightly weaker.
The positive trend in Europe is strengthening. The DAX rose 0.7%, the Potsy and Kak 1.3%. The pan-European Stokes 600 adds 0.8% in airline lead, and in the top IAG And the British Visair, which jumps 12% each, Rainier Traded in Dublin andLufthansa In Frankfurt. The Cruise Company Carnival Progressing in both the London Stock Exchange and early Wall Street trading.
U.S. futures signal a 0.3 percent increase in Wall Street trading in two and a half hours, with technology and tourism stocks concentrating on pre-Tesla interest. Dark , Anvidia , AMD , Microsoft andIntel Record slight increases, and so do Delta Airlines , American Airlines And Caesars.
In the bond segment, the increases are moderate. 10-year US government bonds rise by one basis point to 1.64%. There are also slight increases in crude oil and gold in the commodity market.
The rises in the European indices continue, with the British Potsy among the main indices with a rise of 1.1%. In the futures trading arena on Wall Street, the trend is also positive, with increases of 0.1% -0.2%.
In the early trading arena in the United States, cruise stocks stand out, among them Carnival andNorwegian Cruise Line (Which also strengthened yesterday) and technology stocks are also climbing at moderate rates. Tesla , Which jumped 13.5% yesterday in light of strong data on vehicle dedication in the last quarter, is down 0.3%.
In the crypto market the bitcoin weakened slightly and traded around 46.3 thousand dollars. Heather also loses some height and trades for $ 3,769.
Trading on European stock exchanges opened in a positive trend. The British Potassium index jumps by 1% after a long holiday for the New Year, the Dax index rises by 0.2% and the CAC by 0.5%, the pan-European Eurostox 50 adds 0.3%.
Owner of British Airways, the airline group IAG , Jumps more than 8% in London. Wiz Air Jumps 5.5%, Rainier Up 4.4% in Dublin.
In Asia, the indices closed mixed: the Nikkei jumped 1.7%, the Australian Sydney 200 by 1.9% and Taiwan by 1.4%. On the other hand, the Shanghai index fell by 0.2% and the Hang Seng by 0.1%.
In Tokyo, vehicle-making stocks stood out. And other sharp increases were recorded in favor of Motors, Nissan, Toyota, Mazda and Mitsubishi. Kawasaki Kishna Keysha (K Line) shipping company jumped 11%.
Asian stock markets are trading today in a mixed trend. In Tokyo, the Nikkei index is up 1.8%, while in Shanghai and Seoul there are slight declines. Tencent shares are down 1.5% in Hong Kong.
Contracts with Wall Street indices show slight increases, as do oil contracts.
In China, the Caixin / Markit Purchasing Managers’ Index for December was released today, reaching 50.9 points compared to 49.9 points in November. The official Purchasing Managers’ Index (PMI) was 50.3 points compared to 50.1 points in November.
The year 2022 opened last night on US stock markets with price increases, with the strengthening of “reopening” companies (including tourism, aviation, cruises, etc.) testifying to investors’ optimism regarding the return of the economy to routine, despite the rampant variant of the Omicron.
The Nasdaq index ended the day with a 1.2% rise, the Dow Jones and S&P 500 rose by 0.6%. Along with the rises on Wall Street, there was also a jump in yields on US government bonds, with the 10-year bond yield closing At a rate of 1.64% – a jump of 15 basis points.