The New York stock Exchange ends on a note of mixed – Capital.fr

by Sinead Carew

The New York stock Exchange ended on a note of mixed results on Monday, the Dow Jones and the S&P 500 reperdant a bit of ground after their record Friday in the wake of the fall of energy values while the Nasdaq recorded new historical peaks, especially worn by the 1% increase as Apple.

The Dow Jones yielded 0.38 per cent, or 76,42 points, 19.887,38, moving away a little more of the bar of the 20.000 points frôlée in the previous session.

The S&P-500, wider, lost to 8.08 points, or 0.35 percent, at 2.268,90. But the Nasdaq Composite has advanced its side of 10,76 points (+0,19%) – to 5.531,82, new closing record after you have enrolled in session a new peak of 5.541,08 points.

The fund S&P combining the energy values has lost 1,48%, showing the largest decline sector the day after the plunge of almost 4% of the gross, under the fears of investors to see the record level of exports in iraq and the increase in u.s. production come to annihilate the efforts of a number of oil countries to rebalance a market that is saturated.

The decline of the black gold is reached despite the decrease of 0.33% of dollar against a basket of international currencies, the greenback retreating hand-in-hand with the Dow Jones and the S&P as well as with the bond yields of the u.s. Treasury.

investors mark a pause before the start of the results season, which will start on Friday with the banking sector, and the installation, the 20 January, the new administration’s Trump at the white House.

Since the victory of Donald Trump in the american presidential election of 8 November jumped more than 6%, with investors betting that the economic program of the business man, with his mix of fiscal stimulus, tax cuts and deregulation, will be conducive to business and, hence, market shares.

MERGERS & ACQUISITIONS IN THE PHARMACEUTICAL SECTOR

“We wait for the avalanche of results and the first steps of the Bush administration,” said Stephen Massocca, head of investments at Wedbush Equity Management.

“I do not expect the movements of importance in the stock market prior to these two appointments.”

The action to Apple, the first global equity market capitalization has increased from 0.92% in session peak of a year on the day of the 10th anniversary of its flagship product, the iPhone.

in Addition to Apple, the Nasdaq has also been supported by its components the pharmaceutical in the wake of a series of transactions of merger & acquisition announced in the health sector.

The action Ariad Pharmaceuticals is soaring 72,85%, posting the third highest increase in the Nasdaq, after Takeda Pharmaceutical, the first group, a japanese pharmaceutical company, announced the acquisition of the specialist us oncology for $ 5.2 billion.

The title Surgical Care Affiliates has earned 16,21% after that UnitedHealth has announced the acquisition of the group by its subsidiary Optum for $ 2.3 billion to create a service platform for ambulatory care.

The action VCA has taken 28,29 per cent after the food group in March, the global leader in animal nutrition with its division of Mars Petcare, would buy the operator of animal clinics for $ 7.7 billion.

The S&P combining the values of health has advanced 0.44%, posting the largest increase in the segment of the session, in front of the compartment, technology (+0,19%).

Some 6.4 billion shares were traded during the session, against a daily average of 6.6 billion in the course of the last 20 sessions.

(Benoit Van Overstraeten for the French service)