Market Watch: Triggers Influencing Investor Sentiment After U.S. Stock Markets Halt Trading.

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Boeing

The stock markets in the United States have closed, and the World Economic Forum’s Davos is about to begin.

1. The stock markets in the United States have closed, and the World Economic Forum’s Davos is about to begin.
2. Boeing 737 MAX supplies to China have been further delayed following the Alaska incident, according to the Wall Street Journal.
3. Volvo considers selling Arquus to John Cockerill and faces a $87 million loss.
4. Goldman Sachs reports a four-month high in hedge fund shorts on banks and financials.
5. Qatar suspends Red Sea tankers following Western strikes on the Houthis.
6. The dollar has been restrained in weak trading; retail sales are expected to drive rate decrease predictions.
7. Microsoft has surpassed Apple in terms of worldwide market capitalization.
8. Commerzbank merger speculation resurfaces as Germany considers firm sales -sources
9. This year, Embraer has delivered a record number of agricultural planes.
10. In the fourth quarter, the Biden campaign and its allies raised $97 million.
11. Global equities hold firm ahead of a busy week, as China avoids a rate cut.
12. Sinclairs Hotels stock reaches an all-time high ahead of the bonus issuance.
13. Oil prices are falling and consolidating ahead of a busy data week.
14. Approximately 40% of corporations on the top Tokyo exchange reveal capital intentions amid optimism for change.
15. Baidu falls 10% amid a report linking Ernie AI to the Chinese military.
16. Scorpio Gold has announced the expansion of its private placement.
17. Atos chooses a new CEO and anticipates cash flow to fall short of expectations.
18. US lawmakers reach agreement on a temporary budget plan to run the government through March.
19. Despite the US prohibition, the Chinese military and universities continue to purchase Nvidia chips, according to a report.
20. Novo Nordisk has resumed shipments of Wegovy 1.7 mg dosage to the United States.
21. FedEx sees no significant impact from the Red Sea issue as of now, according to a report.
22. Volato proposes to sell 8.09 million shares of ordinary stock to shareholders.
23. Thor Explorations provides a Q4 operating update as well as 2024 operating guidance.
24. Thomson Reuters acquires a 53.8% stake in Pagero; UPS offers to acquire 100% of the company
25. Tincorp Metals CEO Neal resigns, and Feng is named interim CEO.
26. Google, Amazon, and Unity are among the digital corporations that will lay off workers beginning in 2024.

GLOBAL NEWS 

1. The Nifty 50 is up 0.93% at the closing of trade in India.
2. The Nikkei 225 index in Japan reaches a 34-year high above 36,000 as shippers surge.
3. At the close of business in Australia, the S&P/ASX 200 was down 0.03%.
4. Wipro leads the tech boom as India’s Nifty 50 reaches 22,000 for a record high.
5. Grifols says Haier Group is still welcome to purchase a stake in Shanghai RAAS.
6. Thomson Reuters acquires a 54% share in Pagero and increases its takeover offer to counter other bids.
7. European markets are practically flat as investors prepare for the delivery of data.
8. Despite a 0.3% contraction in 2023, the German economy avoids a recession.
9. The PBoC maintains the medium-term lending facility rate at 2.5%.
10. In holiday-thinned trade, Asia-Pacific equities mixed, while the PBOC leaves its key rate unchanged.
11. Global equities hold firm ahead of a busy week, as China avoids a rate cut.
12. According to a report, Brazil’s Gol is considering Chapter 11 bankruptcy.
13. Migdal Insurance increases its stake in Max Stock.
14. NSE unlisted shares have increased by more than 20% due to high retail demand and supply restrictions.
15. Thomson Reuters acquires a 54% share in Pagero and increases its takeover offer to counter other bids.
16. Atos, a French technology company, has appointed a new CEO and issued a cash flow warning.
17. Sandvik receives record drill rig order in the United States
18. Xilam is the market leader in European animation on Netflix.
19. Despite a US prohibition, China’s military and government obtain Nvidia chips.
20. German farmers gather in Berlin to protest increased taxes.
21. The yuan fell after the PBOC, while the dollar saw minimal movement on Martin Luther King Jr. Day.

Economic Data

• December Producer Price Index (PPI) headline fell -0.1% M/M, lower than the +0.1% estimate (prior was unchanged) and on a Y/Y basis rose +1.0%, below the +1.3% estimate. On a core basis, or PPI ex Food & Energy showed prices unchanged vs. est. +0.2% and Y/Y rose +1.8% vs. est. +1.9%. The PPI inflation data “cooler” than the CPI report released on Thursday.
• Nationwide, 88.5% of U.S. homeowners with mortgages have an interest rate below 6%, down from a record high of 92.8% in mid-2022 according to a report by Redfin. That means more than 88.5% of homeowners with mortgages have a rate below the current weekly average of 6.66%, prompting many to stay put instead of selling and buying another home at a higher rate—a phenomenon called the “lock-in effect.”
• The Federal Reserve ran an operating loss of $114.3 billion last year, its largest ever, a consequence of its campaign to aggressively support the economy in 2020 and 2021, then jacking up interest rates to combat high inflation.

Global news Updates

Economic Calendar

US Markets are Closed in Observance of Martin Luther King Jr. Day Holiday.

Other Key Events:

National Retail Federation Retail Show, 1/14-1/16, in New York.

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