Wall Street continued the gentle consolidation begun on Monday, with investors selling "with their fingertips" on the eve of US inflation figures for November.

The three main indices are all down slightly: the Dow Jones is down -0.35% at 44,248, the S&P500 is down -0.3% at just under 6,035 and the Nasdaq Composite is down -0.25% at 19,687.

The Nasdaq-100 was weighed down by Modern (-9%), but this was offset by Walgreens' +17.7%. On the tech side, Micron fell -4.6%, AMD -2.4%, Applied Materials and Cadence Design -2.2%.

The "number of the day" seems to have had no impact on US indices, but the dollar is accelerating upwards (+0.3%), with the "$-Index" at 106.50.

Non-farm productivity in the United States rose by 2.2% at an annualized rate in the third quarter of 2024, according to the Labor Department, which thus confirms on second reading its first estimate released a month ago.

This increase reflects a 3.5% rise in total production, while the number of hours worked rose by just 1.2%, figures also confirmed in relation to their preliminary announcement.

With hourly wage growth revised down from 4.2% to 3.1%, the increase in US non-farm unit labor costs was also revised down by -1.1 percentage points, to 0.8%.

On the bond market, US T-Bonds tightened by +3 and +2 basis points on the 10-year and 2-year maturities, to 4.23% and 4.145% respectively.

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