Wall Street ended with no clear direction, but investors will remember the Nasdaq's record double at 19,488 (new high) and 19,479 at the close (+0.39).

The Nasdaq-100 followed suit with +0.31% at 21,229 at the close and 21,235 at the high: the index was pulled towards a +26% annual gain by Meta +3.5%, Dexcom +2%? Nvidia and Apple +1.3%.
The rise was largely held back by declines of -£7 for Microchip, -6.1% for Intel and -5.6% for ON-Semiconductor.
The 'composite' Nasdaq will soon welcome Palentir (+7% at $71), which now boasts +314% annual growth for a 'capi' of $155bn... for a PER of 170 (making it the "most expensive" stock in the broad "techno" index).
It was a quiet day on the bond front, in the absence of market movers: the "10-year" T-Bond rallied +4pts to 4.235%, the "2-year" eased -1pt to 4.188%... the inversion of the curve that was taking shape yesterday has been postponed, but the "crossover" trend has not been invalidated.

The only figure of the day concerned job openings ('JOLTS' report), which rose slightly in October in the United States, according to the survey published this Tuesday by the Department of Labor.

The number of job openings reached 7.74 million in October, compared with 7.37 million in September.

According to Washington, the most dynamic sectors were professional and business services (+209.000), accommodation and food services (+162,000) and information (+87,000), while the federal government published 26,000 fewer offers.

Year-on-year, the number of job openings is nevertheless down by 941,000, since it reached 8.68 million in October 2023.

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