Daily U.S. Stock Market News Briefing (Thursday, December 12)

USHK News
2024.12.12 14:16

Important News

  1. The number of initial jobless claims in the U.S. for the week ending December 7 was 242,000, expected to be 220,000, with the previous value revised from 224,000 to 225,000.

  2. The U.S. November PPI increased by 3% year-on-year and by 0.4% month-on-month.

Stock News

  1. NVIDIA (NVDA.O) is increasing recruitment in China to enhance its research capabilities for new autonomous driving technologies.

  2. Meta Platforms (META.O) donated $1 million to Trump's inauguration fund.

  3. The Italian union FIOM-CGIL announced on December 11 local time that Stellantis (STLA.N) will extend the production halt at its Mirafiori plant in Italy until January 20.

  4. Reports indicate that Hershey (HSY.N) major shareholders rejected Mondelez's (MDLZ.N) preliminary offer.

  5. NVIDIA (NVDA.O) issued a statement on its official Weibo account in China, stating that recent social media claims about NVIDIA cutting supply to China are false rumors.

  6. Domino's (DPZ.N) is transferring its listing from the New York Stock Exchange to another exchange.

  7. Adobe (ADBE.O) fell over 11% in pre-market trading, with the company's full-year performance guidance meeting expectations

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