(AOF) – American markets should continue their downward movement at the opening of the session this Wednesday, after the publication of new figures on the labor market in the United States. According to the ADP survey, the number of job creations in the private sector was lower than expected in December. According to the CNN news channel, Donald Trump is considering declaring a national economic emergency over the tariffs. This information caused a rise in long-term rates. Before the first exchanges, futures on the S&P and those of the Nasdaq lost 0.06% and 0.17% respectively.
Yesterday on Wall Street
American stock markets ended in decline. The main indexes swung after the release of a report from the US Department of Labor showing a larger-than-expected increase in the number of job openings in November. The non-manufacturing Purchasing Managers' Index (ISM) in December also exceeded expectations. On the values side, Nvidia ended up in the red but not without having had time to set a new record. The Dow Jones fell 0.42% to 42,528 points while the Nasdaq lost 1.89% to 19,489 points.
Macroeconomic figures
The American private sector created 122,000 jobs in December after 146,000 in October, according to the ADP survey. Job creations are lower than the consensus of 139,000.
The number of weekly unemployment claims rose to 201,000 last week, compared to 214,000 expected, after 211,000 the previous week.
In the United States, data on oil stocks will be published at 4:30 p.m.
The minutes of the latest Fed monetary policy committee will be published at 8:00 p.m.
Values to follow
GE Healthcare
GE Healthcare (GEHC) is expected to rise in pre-market trading on Wall Street after Jefferies upgraded to buy with a price target raised from $95 to $103. GEHC has pulled back and now trades at just 17 to 18 times expected 2025 earnings per share, below its average and that of its peers, and well below recent highs (around 20). The release of Chinese stimulus measures helped reassess expectations, creating an entry opportunity.
Goodyear
Goodyear announced today that it has signed a definitive agreement to sell the Dunlop brand to Sumitomo Rubber Industries. The American tire manufacturer specifies that this decision follows a strategic review of the brand previously announced as part of the Goodyear Forward transformation plan. SRI will pay Goodyear approximately $701 million in cash at closing for the transfer of the Dunlop brand in the affected geographies, a “transition fee” for transition support and the purchase of inventory.
Merck
Merck announced that the National Medical Products Administration (NMPA), China's health authority, has approved the use of its product Gardasil in men aged 9 to 26 to help prevent certain HPV-related cancers and diseases ( human papillomavirus). This approval makes this product the first HPV vaccine approved for use in men in China. Gardasil is now indicated to prevent anal cancers caused by HPV types 16 and 18 and genital warts (condyloma acuminata) caused by types 6 and 11.
