Daily Report 10.12.2020
Објавено: 10. 12. 2020

Dow falls more than 100 points as tech drop pushes stocks off record highs; European markets close higher as investors monitor Brexit talks; STMicro falls 12%; BELEX15  
Stocks fell on Wednesday, retreating from the record highs set earlier in the day, as tech shares struggled and traders weighed the prospects of new fiscal stimulus. The Dow Jones Industrial Average closed 105.07 points lower, or 0.35%, at 30,068.81. The S&P 500 fell 0.8% to 3,672.82. The Nasdaq Composite pulled back by 1.9% to close at 12,338.95. Earlier in the session, the Dow was up more than 100 points. All three averages also touched fresh intraday records. 
Apple was among the worst-performing Dow components, falling more than 2%. Salesforce dropped 3.2%. The S&P 500 tech sector fell 1.9% to lead the index lower. Facebook declined 1.9% after the Federal Trade Commission, along with several states, filed lawsuits that could force the social media giant to divest Instagram and WhatsApp. 


European stocks closed higher on Wednesday as market focus in the region remains firmly on the progress of post-Brexit trade deal talks between the EU and U.K. 
The pan-European Stoxx 600 index provisionally closed 0.4% higher with most sectors and major bourses in positive territory. Autos stocks were the top performers, climbing nearly 1.5%. 
n individual stocks news, Just Eat Takeaway and Delivery Hero climbed around 8% and 7%, respectively. It comes after U.S. food delivery giant DoorDash priced its shares at $102 apiece, above an expected range, ahead of a hotly-anticipated initial public offering. 
STMicro saw its shares slip nearly 12% to the bottom of the Stoxx 600, after the chipmaker said it’s postponing an annual sales target of $12 billion to 2023. 


BELEX15 was down 0.16%, mainly due to 0.9% fall at Komercijana and 0.3% loss at NIS. The most active name was Jedinstvo with RSD 0.6m in volume. 
Source: CNBC, Ilirika