Indeed, in his press release J. Powell stressed that the institution wanted additional certainty on inflation to reduce rates, excluding a first cut in March.
The private sector (ADP) created fewer jobs than expected in January (107,000 after 158,000 in December compared to 145,000 expected).
Microsoft (- 2.69% to 397.58) reported quarterly results higher than Wall Street expectations, thanks in particular to the use of new features linked to artificial intelligence (AI) helping to attract new consumers to cloud computing services of the group.
Alphabet (- 7.5% to 140.1) published advertising sales for the October-December period lower than Wall Street expectations, which relegated to the background the efforts undertaken by the technology giant in artificial intelligence (AI ) and cloud computing.
Chipmakers Nvidia (- 1.99% to 615.27) and Micron Technology (- 0.48% to 85.75) were in the red in the wake ofAMD which lost 2.54% to 167.69 after the group published a turnover forecast for the first quarter below expectations.
You’re here fell 2.24% to 187.29 after the decision of a judge in Delaware to cancel the record remuneration plan of $56 billion from which Elon Musk, the general director of the automobile manufacturer, was to benefit following ‘a complaint filed by a shareholder.
Electronic Arts (+0.02% to 137.58) reported lower-than-expected quarterly bookings as lower spending and increased competition affected demand for its gaming titles.
Starbucks dropped 1.12% to 93.03 after the publication by the coffee chain of results down but better than expected, for its 1er fiscal quarter.
The parent company of Cadbury Mondelez International (- 1.4% to 75.27) reported an increase in sales on 4th quarter, but price increases weighed on demand.
Paramout Global jumped 21.57% to 23.33, media mogul Byron Allen would have submitted a buyout offer of $30 billion, including debt, on the group, according to a Reuters press release.
Nasdaq (- 1.16% to 57.77), the company which manages the American Stock Exchange of the same name, plans to cut hundreds of jobs as part of the integration of the software supplier Adenza into its activities.
Juniper Networks (- 0.73% to 36.91), which must be bought back by Hewlett Packard Company (- 3.84% to 15.28), published a turnover for the 4th quarter lower than market expectations, penalized in particular by the weakness of its customers’ spending in the field of dematerialized computing (“cloud”).
The medical equipment manufacturer Thermo Fisher Scientific (- 4.97% to 538.93) anticipates an annual profit lower than Wall Street expectations, due to a continued decline in demand in its therapeutic product and vaccine manufacturing services.
THE Dow Jones thus lost 0.82% to 38,150.30 points, the Nasdaq Composite 2.23% to 15,164.01 points and the S&P 500 1.61% to 4,845.65 points.
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