Industrial production fell more sharply than expected in November, posting a drop of 0.1% after an increase of 0.4% in October, while the consensus was for an increase of 0.3%. At the same time, the production capacity utilization rate decreased slightly, from 77% in October to 76.8% in November, compared to a consensus forecast of 77.3%.
The NAHB homebuilder confidence index came in below expectations in December at 46 versus a consensus of 47.
Pfizer rose 4.67% to 26.43 after announcing 2025 profit forecasts in line with Wall Street expectations. This announcement reassured investors after a turbulent year, marked in particular by criticism of the activist fund Starboard Value.
Ebay took 0.93% to 64.23 after revealing a share buyback plan of 3 billion dollars (2.86 billion euros), according to a stock market notice.
Walmart (+0.58% to 95.42) announced that it had entered into a strategic partnership with Meituan to boost its online sales in China. Meituan is the largest food ordering service in China. The company also offers other services ranging from delivery of other goods to bike sharing to ticket booking.
Teva jumped 26.47% to 20.88 as its US subsidiary announced with Sanofi that the Phase IIb Relieve UCCD study met its primary endpoints in patients suffering from ulcerative colitis and ulcerative colitis. Crohn’s.
Merck (stable at 100.09) announced that it had halted the development of two experimental cancer drugs after failures in clinical trials.
Hut 8 took 1.93% to 29.62, Marathon Digital 0.04% to 24.60 and Riot Platforms dropped 0.43% to 13.97, while Piper Sandler began monitoring these stocks at Overweight.
The Dow Jones thus fell by 0.61% to 43,449.90 points, the Nasdaq Composite by 0.32% to 20,109.06 points and the S&P 500 by 0.39% to 6,050.61 points.
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