Daily Report 21.12.2022
Objavljeno: 21. 12. 2022

Dow closes higher to end four-day losing streak; European markets close lower as investors assess Japan news 
Stocks rose Tuesday as Wall Street shook off a surprise move from the Bank of Japan that sent global bond yields up. Investors also overlooked fears that a year-end rally may not come to pass. 
The Dow Jones Industrial Average rose 92.20 points, or 0.28%, to close at 32,849.74. The S&P 500 gained 0.10% to 3,821.62, while the Nasdaq Composite ticked up 0.01% to end the session at 10,547.11. 
General Mills dropped 3.96%, despite reporting better-than-expected revenue and profit for the last quarter. The food producer also raised its full-year forecast. Higher prices partially offset increased output costs. 
Nike on Tuesday reported quarterly results that easily topped Wall Street’s expectations, even as higher costs squeezed the company’s margins. Shares of Nike rose more than 12% after hours Tuesday. 

The pan-European Stoxx 600 closed 0.4% lower provisionally after a choppy afternoon, with most sectors and major bourses trading in negative territory. Autos led losses with a 1.5% fall, while a few sectors gained, including banks, which rose 1.7%. 
European real estate firm Aroundtown dropped 8.2% after Berenberg analysts downgraded the stock from buy to hold and on ongoing fears around rising interest rates and a property downturn. 
Source: CNBC, Investing.com