Wall Street ends the day in the green, albeit on the back of a 12th or 13th bullish session in a series of 15. This is the most spectacular bullish run since mid-March 2022, and hopes of a Russian-Ukrainian ceasefire.

The Nasdaq (+0.07%) ended virtually unchanged, supported by Sirius +6.1%, Netflix +3%, Tesla +2.3%, PayPal +2.8%, Intel +3%. The rise was held back by Cadence -2.5%, Palo Alto -1.9%, Amazon -1.8%, Nvidia and AMD -1.6%.

The S&P500 gained +0.16% thanks to Carnival +4.6%, Norwegian Cruise +4.65%, ... but also, and above all, thanks to the consumer staples sector, which benefited from the surge of Target (+17.8%, the biggest rise since August 2019), which took Kohl's with +9% and Macy's with +7.5% in its wake.

On the downside, the 'pharmas' sector stood out, with Vertex -5.6% and Eli Lilly -3.6%. A pullback was also seen on the bond market, with the T-Bond yield rebounding by eight points to 4.54%.

On the statistics front, there was a packed agenda on Wednesday: US retail sales fell by 0.1% in October compared with the previous month, but excluding automobiles and fuels - the component that best corresponds to the measure of consumption used to calculate GDP - they rose by 0.1%.

The positive surprise came from the New York Fed's Empire State index, which climbed 14 points to +9.1 in November. However, the outlook fell sharply, with companies no longer expecting conditions to improve over the next six months.

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