This report comes from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open keeps investors updated on everything they need to know, no matter where they are. Like what you see? You can subscribe here.

Automobile manufacturers, consortiums
Nissan Shares soared 23.7% on Wednesday Tuesday report The Japanese automaker is Consider merging and honda cars. The two companies also plan to Mitsubishi Motors – Nissan owns 24% of the shares, ultimately becoming the holding company’s largest shareholder. Nissan in trouble lately: Second-quarter operating profit Plunged 85%.

Dow drops for ninth straight day
Tuesday, Dow Jones Industrial Average fell 0.61%, marking nine consecutive losses. this S&P 500 Index Down 0.39% Nasdaq Composite Index down 0.32%. Asia Pacific market Mixed Wednesday. Japanese Nikkei 225 Index The yen fell about 0.4% as investors assessed the country’s trade deficit in November was larger than expected and awaited the Bank of Japan’s interest rate decision this week.

New craze for new stock listings in Hong Kong
After three consecutive years of decline, new shares were listed on the Hong Kong Stock Exchange this year Transaction value risesaccording to Dealogic data. This year’s 63 deals raised $10.65 billion, more than 80% higher than the total value in 2023. This shows that Chinese legislators Committed support It is taking effect for the Hong Kong market.

What to expect from the Fed
The Fed will wrap up its two-day rate-setting meeting later Wednesday. although sticky inflation and a Flexible labor marketthe Fed’s broad Expected to cut interest rates by 25 basis points. but one CNBC investigation The survey of 27 respondents, including economists, strategists and fund managers, showed that only 63% believed the Fed’s move was the right one.

(PRO) When to take profits
NVIDIA Shares may have fallen 1.2% yesterday, plummeting Delving into the field of correctionbut the chipmaker is still up 163.3% year to date. This suggests some investors may have taken profits from Nvidia’s stunning rally. CNBC Pro uses charts to analyze when investors make the best investments Sell ​​the best performing stocks.

this heaviest resistance The Dow is UnitedHealthCNBC’s Li Yun pointed out that more than half of the index’s decline over the past eight trading days was caused by this factor. Health insurance companies are shocked fatal shooting CEO Brian Thompson’s resignation and a broader sell-off in the industry.

Outside of the Dow, stocks remained ebullient. While the S&P and Nasdaq also declined in the final session, both indexes hovered near record closing prices. That’s a sign that it’s primarily the Dow components — “old economy” stocks like industrials, financials and consumer discretionary stocks — that are suffering.

“Wall Street is realizing that a Trump presidency may not be as positive for stocks as some had hoped,” said David Russell, head of global market strategy at TradeStation. “Financials and industrials rose on his victory, but It may now have to face higher interest rates and trade uncertainty, while health care faces its greatest political risk in recent years.”

Additionally, the Dow Jones may continue to fall, but not by that much. The index is just 3.6% away from its all-time high, and its 50-day moving average is still trending upward.

The stock market does not give investors free money. But we’re not quite in trouble yet.

—CNBC’s Yun Li, Michelle Fox, Fred Imbert, Alex Harring, Adrian van Hauwermeiren, Brian Evans and Samantha Subin contributed to this report.