CAC action 40

by Sinéad Carew and Amruta Khandekar

(Reuters) – The New York Stock Exchange closed lower on Tuesday for its first session of 2023 on the backs of declines in Apple and Tesla, as investors worried about the Federal Reserve’s (Fed) forecast schedule for its rate hikes this year, ahead of the central bank’s “minutes”.

The Dow Jones index fell 0.03%, or 10.88 points, to 33,136.37 points.

The broader S&P-500 fell 15.36 points, or 0.40%, to 3,824.14 points.

The Nasdaq Composite fell 79.50 points (0.76%) to 10,386.99 points.

Tesla saw its shares plunge 12%, after hitting its lowest level since August 2020, following reports of quarterly shipment numbers lower than Wall Street estimates.

Apple lost 3.7% and fell to its worst closing since June 2021 after a report from Nikkei Asia highlighted weaker demand and an analyst downgraded his recommendation amid lower manufacturing in hard-hit China by a resurgence of the COVID-19 epidemic.

Among the major S&P-500 sectors, energy fell 3.6% as oil prices fell on weak economic data in China and concerns over the global economic outlook.

This session in the red is in line with a tough 2022 year for Wall Street, whose three major indexes posted their biggest annual decline since the 2008 financial crisis amid unprecedented Fed rate hikes since the 1980s.

“While times have changed, many issues for the market have not, primarily the Federal Reserve’s monetary tightening policy which is still concerned about inflation,” commented Chris Zaccarelli. , Chief Investment Officer at Independent Advisor Alliance, Charlotte, North Carolina.

Investors will review the minutes of the Fed’s December monetary policy meeting on Wednesday, after which the US central bank raised rates by 50 basis points and reported rates could stay high for longer than expected.

Weak labor markets may encourage the Federal Reserve to ease monetary tightening, but data suggests the labor market is resilient for now.

(French version Jean Terzian)

par Romain Strozza (iDalgo)

The poster between Castres Olympique and Racing 92 ended in a draw (26-26) this Saturday during the 14th day of Top 14 which marks the start of the second leg. In the first period Castres got off to a good start with a good Urdapilleta on the foot and a try from Nakosi, but Racing 92 took the lead in the last moments with a try from Baudonne. Returning from the dressing room, the Parisians took a 13-point lead after a Gogichashvili try and a Gibert penalty before foiling in defence. Urdapilleta took advantage of the numerous fouls from Racing to bring his side closer to his feet and Doubrere equalized from a try with 20 minutes to go.

WASHINGTON, Dec 30 (Reuters) – The United States is concerned about China’s alignment with Russia more than a decade after Moscow’s forces began its invasion of Ukraine, the government said on Friday. of American State after a videoconference interview between Vladimir Putin and Xi Jinping.

“Beijing claims to be neutral but its behavior clearly shows it is still committed to forging relations with Russia,” a State Department spokesman said, adding that Washington was “closely monitoring activity” by China. .

(Report Michael Martina and Kanishka Singh, French version Jean-Stéphane Brosse)

PARIS, Dec 30 (Reuters) – France to drastically reduce its ability to sequence the genome of the SARS-CoV-2 coronavirus even as the end of China’s “zero COVID” policy raises fears of new variants, France reported on Friday Inter.

France created a genomic surveillance center for SARS-CoV-2 viruses in 2020, at the beginning of the COVID-19 pandemic, in order to “detect the emergence and spatio-temporal distribution of the variants”.

EMERGEN (Consortium for surveillance and research on infections by EMERgent pathogens via microbial GENomics) brings together eight platforms, in particular the Institut Pasteur in Paris, the Hospices Civils de Lyon, the CHU Henri-Mondor in Créteil and the infectious center of the ‘APHM of Marseilles.

However, France Inter points out, EMERGEN “should stop on December 31st”.

“Starting next week, only two out of eight platforms will carry out this variant monitoring,” the radio specifies.

The Ministry of Health confirmed the reduction of the device to France Inter stating that it was “obviously attentive to the fact that the genomic surveillance of viruses continues”. Reuters attempted to contact the ministry without success.

The French authorities had justified the establishment of EMERGEN on the grounds that “the genomic surveillance of SARS-CoV-2 is today one of the pillars of the fight against the COVID-19 pandemic on a national and international scale”.

“While the so-called ‘screening’ RT-PCR tests make it possible to identify the presence of certain mutations and to suspect already known variants, sequencing (NGS) of the complete genome of the virus remains the only technique which allows to confirm them, to detect new emerging variants and to specify the mutations that characterize them,” stressed Santé Publique France.

The French decision goes against the recommendations of the European Union, which recommends strengthening genomic sequencing operations in the face of the new health situation in China.

In a letter to the health ministers of the 27 EU member states dated 29 December, which Reuters has seen, Health Commissioner Stella Kyriakides calls on them to take stock of national sequencing capacities and consider the possibility of testing wastewater at airports in particular, in order to detect the appearance of possible new variants of SARS-CoV-2.

The European Union’s health security committee, which met on Thursday for “coordinated action”, did not decide on any new measures. A new meeting is scheduled for next week, according to a European source.

(Written by Sophie Louet, with input from Philip Blenkinsop in Brussels, edited by Myriam Rivet)

by Lilian Moy (iDalgo)

The New York Knicks earned their sixth straight win last night 114-91 over the Chicago Bulls. Four players in the major five have had at least 19 points: Julius Randle (19), Jalen Brunson and Quentin Grimes (22), and RJ Barrett (27). Tom Thibodeau’s players are sixth in the Eastern Conference, just behind Philadelphia who beat Golden State 118-106. Joel Embiid finished with 34 points and 13 rebounds against the worst road team in the league. Ahead of the standings in the East are the Nets who win for the fifth time in a row by beating Toronto 119-116. The Kevin Durant-Kyrie Irving duo scored 60 drives to Fred VanVleet alone’s 39 points. Leader East Boston lost for the third time in four games, 117-109 to an in-form Orlando. Moritz Wagner finished with 25 points in just 23 minutes. In other games, the Lakers beat Denver 126-108, Indiana lost to Cleveland 118-112 with 41 points for Donovan Mitchell, and Dallas inflicted a heavy defeat on the Blazers, 130-110, including 32 points and 12 rebounds by Christian Wood off the field. bench.

PARIS (Reuters) – The minimum hourly wage will be increased by 1.8% in January to 11.27 euros, an increase of 20 cents from its current value. The Ministry of Labor announced it on Thursday.

The minimum gross monthly wage will reach 1,709.28 euros. Net, it will amount to 1,353.07 euros, an increase of 84 euros compared to 1 January 2022.

(Caroline Pailliez report, written by Jean-Stéphane Brosse, edited by Blandine Hénault)