Honda and Nissan merger talks shake up Wall Street on an otherwise quiet morning

Honda and Nissan merger talks shake up Wall Street on an otherwise quiet morning
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Honda and Nissan merger talks shake up Wall Street on an otherwise quiet morning
Author: mirrornews@mirror.co.uk (DAMIAN J. TROISE, Lawrence Matheson)
Published: Dec, 23 2024 15:24

Summary at a Glance

Honda and Nissan merger talks shake up Wall Street on an otherwise quiet morning Stocks on Wall Street were shaky in Monday morning's trading, kicking off a week shortened by the holiday season.

Japanese car manufacturers Honda Motor and Nissan announced discussions about a potential merger, which could also involve Mitsubishi Motors.

Eli Lilly saw a 1.3% rise after revealing that regulators had approved Zepbound as the first and only prescription medicine for adults with sleep apnea.

Semiconductor titan Nvidia, whose massive valuation significantly impacts indexes, saw a rise of 1.5%.

Treasury yields remained stable in the bond market, with the yield on the 10-year Treasury rising to 4.55% from 4.53% late Friday.

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