Trading on Wall Street opened in a mixed trend with the Dow Jones adding 0.2% to its value, the Nasdaq index losing 0.44%, the S&P 500 index falling 0.3%.
Tesla is down 6% after disappointment from last night’s investor event, where Tesla announced the construction of a new plant in northern Mexico, and the start of work on a lithium refinery in Corpus Christi, Texas, expected to be in production in 10 months. Maybe the investors expected more than that.
Credit Suisse shares fall 8% to a historic low.
15:30
The trading day in the US is expected to open under pressure from sellers after the yields on government bonds along the entire curve continue to put pressure on the stock market. Trading in the US closed last night in another day of price declines in the leading indices, the Nasdaq index lost 0.66% and the S&P 500 shed 0.47% of its value.
US government bonds -10 Years continue to suffer from selling pressure as the yield today takes a step forward above 4% (4.04%). The long bonds to 30 year are traded at a yield of 4% For the first time since last November .
Main reports after the lock : Broadcom (AVGO ), Costco (COST ), V. M. Weir (VMW ), Marvel Tenologis (MURLY ), poor (DELL ) and more .
In Europe, the pace of the annual price index in the bloc is out 8.5% Above the expectations of 8.2%. The core price index rose at an annual rate 5.6% Also high above the expectations of 5.2%. The stock index continues to demonstrate impressive resilience with a decline of 0.25% in Dex and on it of 0.1% In the French cac . The British Potsey traded unchanged .
Shares in titles
Salesforce (CRM ) takes off 15% in early trading after yesterday it published strong reports with an even stronger forecast for the year 2023. The company announced the expansion of the share purchase program that began last year .
Macy’s (M ) getting stronger 6% in early trading after announcing a profit higher than forecasts and revenues that came out as expected .
Silvergate Capital (AND ) crashes 47% in early trading after the company warned that it would not be able to meet its financial obligations in the coming year . Following the news, the company receives a slew of recommendation downgrades and the stock falls apart in early trading .
Snowflake (SNOW ) losing 9% in early trading after publishing the reports for the last quarter of the year last night . The company missed out on revenue and overtook Barwell , Additionally , Hambra announcement of a strong purchase of shares approx -2 Billion dollars .
Tesla (TSLA ) losing 7.5% In early trading after the company’s investor day where it presented its plan in which there were only general details . The company stated that it delivered a little above last year 1.3 A million cars .
Anheuser-Busch Brewery (BUD ) published reports that slightly exceeded expectations in the line of profit and revenue . The company provides a fur forecast for the rest of the year and the stock trades unchanged in early trading .