Over one year, price increases have certainly slowed to 3.1%, but less than expected. Core inflation, excluding energy and food, is stubborn, remaining at 3.9%.
Bond rates rose sharply upon the announcement of these figures, the ten-year rate rose to 4.30% against 4.17% the day before, the highest for almost two and a half months. Two-year short rates jumped to 4.64% from 4.47%.
Coca-Cola (-0.59% to 59.35) exceeded Wall Street estimates for its 4th quarter, the drinks manufacturer having benefited from an increase in the prices of its products and sustained demand, particularly for its favorite drink.
Tripadvisor gained 13.81% to 25.46 after the online travel agency set up a committee to consider a potential sale of the group.
Jetblue Airways jumped 21.58% to 7.38 as activist investor Carl Icahn said he took a 9.91% stake in the airline.
Cadence Design Systems (-4.00% to 294.33) expects a decline in its turnover in the first quarter under the pressure of an unfavorable base effect.
Principal Financial (+0.41% to 79.26) reported on Monday an increase in its profit in the fourth quarter, thanks to the increase in insurance premiums and its investment income.
Biogen (-7.39% to 226.65) said the European Commission had approved its drug for the treatment of a rare genetic disease.
ARM Holdings fell 19.46% to 119.98 after gaining 93% since February 7, when the semiconductor group presented its outlook amid frenzy around artificial intelligence (AI).
New York Community Bancorp dropped 4.96% to 4.6, as investors assess the measures taken by the regional bank’s leaders to stabilize the share price.
Paramount Global depreciated by 3.65% to 21.91, despite the announcement by CBS that approximately 123.4 million people watched the final of the Super Bowl, the American football championship, making it the edition the most watched of all time.
THE Dow Jones thus lost 1.35% to 38,272.17 points, the Nasdaq Composite 1.80% to 15,655.60 points and the S&P 500 1.37% to 9,953.17 points.
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