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2021-07-08

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LIVE MARKETS-Stocks ignore Fed's muddled message, rise on lower yields

2021-07-08

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S&P 500, Nasdaq post record closing highs after Fed minutes

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BRIEF-Xiaomi Corp Issues US$800 MLN 2.875% Senior Bonds Due 2031

2021-07-08

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2021-06-25

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2021-06-25

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Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus

2021-06-25

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Nike Reports Earnings Thursday. Don’t Expect a Beat.

2021-06-24

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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625689203,"share":"https://ttm.financial/m/news/2149160503?lang=en_US&edition=fundamental","pubTime":"2021-07-08 04:20","market":"us","language":"en","title":"LIVE MARKETS-Stocks ignore Fed's muddled message, rise on lower yields","url":"https://stock-news.laohu8.com/highlight/detail?id=2149160503","media":"Reuters","summary":"* Dow, S&P 500 end modestly green, Nasdaq just above flat line   * Materials lead S&P sector gainers","content":"<html><body><p>* Dow, S&amp;P 500 end modestly green, Nasdaq just above flat line</p><p>   * Materials lead S&amp;P sector gainers; energy weakest group</p><p>   * Dollar, gold, bitcoin gain; crude falls</p><p>   * 10-year Treasury yield trading at ~1.32%</p><p>Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   STOCKS IGNORE FED'S MUDDLED MESSAGE, RISE ON LOWER YIELDS (1605 EDT/2005 GMT)</p><p>   Minutes released on Wednesday from the FOMC meeting in June left investors a bit muddled, but the message from a further drop in Treasury yields helped lift the S&amp;P 500    and Nasdaq    to new highs. </p><p>    Though the Nasdaq barely eked out a gain, big tech has responded to a decline in market interest rates over the past week. Apple   , Microsoft Corp   , and other tech-titans such as Amazon.com Inc    and Oracle Corp</p><p> , climbed to new peaks and led the S&amp;P's advance. </p><p>   The yield on the 10-year U.S. Treasury note    slid below 1.3%, to levels last seen in February and a far cry from a jump to 1.776% at the end of March.</p><p>   The minutes reflected a divided Fed wrestling with new inflation risks but still relatively high unemployment. Various policymakers felt conditions for reducing the Fed's asset buying would be \"met somewhat earlier than they had anticipated.\"</p><p>   But the minutes showed others cautioning that the reopening of the economy after a pandemic left an unusual level of uncertainty, which required a \"patient\" approach to any policy change.</p><p>   \"They've yet figured out what it is they'd like to do,\" said Steven Ricchiuto, U.S. chief economist at Mizuho Securities USA LLC in New York. \"The committee's debate on taper was non-committal, as the post-meeting policy statement made clear.\"</p><p>   Both growth    and value stocks    gained, with the former slightly outpacing the latter.</p><p>   Here is Wednesday's closing snapshot:  </p><p>    (Herbert Lash)</p><p>   *****</p><p>   TD RECOMMENDS SHORTING SOFR, SEES T-BILL ISSUANCE INCREASING AFTER DEBT CEILING RAISED (1500 EDT/1900 GMT)</p><p>   TD Securities is recommending investors take a short position in SOFR futures maturing in November, on the view that Congress will likely raise the debt ceiling before it runs out of cash in October, which would lead to an increase in Treasury bill issuance.</p><p>   The debt ceiling is due to be reinstated on July 31, after last being suspended for the past two years, but the U.S. Treasury is not expected to run out of borrowing capacity until early October, TD said.</p><p>   The Treasury has been reducing its sales of short-dated debt as it reduces its cash balance heading into the debt ceiling deadline. This has kept yields on Treasury bills extremely low as short-term investors struggle to find assets to buy. The Treasury’s cash balance is expected to fall to $450 billion by the end of July, TD said.</p><p>   Once the debt ceiling is raised or suspended, however, the Treasury is likely to raise its cash balance back to more “normal” levels of around $600 to $700 billion by quickly issuing $200 to $300 billion in Treasury bills, TD added. This could push bill yields higher in October and lead to slightly higher rates in overnight repurchase agreements, the bank said.</p><p>   To benefit from this move the bank recommends taking a short position in November SOFR futures at 5 basis points, where it traded on Wednesday, with a target of 8 basis points.</p><p>   SOFR    is the benchmark U.S. rate selected to replace the London interbank offered rate (Libor), and is based on the overnight repo market.</p><p>   (Karen Brettell)</p><p>   *****</p><p>   BITCOIN PASSES REGULATORY \"STRESS TEST\" (1345 EDT/1745 GMT)</p><p>   China's crackdown on the country's cryptocurrency industry has been <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest headaches for bitcoin investors over the past few months. </p><p>   China's bitcoin mining industry, which accounts for as much as 70% of global capacity, may see up to 90% of its miners go offline, according to some estimates.  </p><p>   However, Marcel Kasumovich, head of research at One River Asset Management, says the bitcoin network's resilience has been demonstrated over the past few months, calling China's actions a \"stress test\" of bitcoin as an industrial asset. </p><p>   \"There is a massive migration of 'industrial production' of bitcoin away from a dominant player (China), yet, the bitcoin network had no downtime,\" Kasumovich told the Reuters Global Markets Forum </p><p>   Meanwhile, China-based bitcoin miners are trying to exit the country, looking abroad for the trifecta of friendly regulatory authorities, cool temperatures and cheap power. </p><p>   While crypto's power usage - equivalent to the energy consumption of some small countries - and subsequent carbon footprint is another <a href=\"https://laohu8.com/S/AONE.U\">one</a> of many concerns, OneRiver's Kasumovich thinks that bitcoin miners will find it easy to migrate to \"stranded\" renewable energy production. </p><p>   \"In turn, bitcoin miners are adding to the economic return of renewable energy production, accelerating investment in the space,\" he added. </p><p>   In the meantime, OneRiver, which offers multiple bitcoin funds, has a carbon-neutral share class for ESG-minded investors. For every Bitcoin owned, OneRiver purchases and \"plants\" tokenized carbon offsets in the Amazon. </p><p>   That being said, Kasumovich noted that such offsets are merely a short term solution to bitcoin's energy footprint. </p><p>   Meanwhile, bitcoin    has steadied over the last week but is still trading over 47% below April's all time high. </p><p>   (Lisa Mattackal)</p><p>   *****</p><p>   RECOVERY MAY BE ON SOLID FOOTING, BUT FED MINUTES A FOCUS (1210 EDT/1610 GMT)</p><p>   HIS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> is revising its 2021 U.S. GDP forecast down to 6.6%. That said, Joel Prakken, HIS Markit chief US economist and co-head US economics, believes \"the recovery remains on solid footing.\"</p><p>   HIS Markit believes strong final demand combined with lean inventories, a rising proportion of vaccinated Americans, coupled with the reversal of pandemic containment measures, against the backdrop of expansionary monetary and fiscal policy, support their forecast for 6.6% GDP growth this year and 5.0% next year.</p><p>   “Near-term price pressures will push consumer price inflation to 3.7% this year and 2.4% in 2022. We expect these pressures to subside as supply expands in response to the recent surge in demand. However, in recognition of the upward revision to near-term inflation, we have moved forward our expected timing of the Fed’s interest rate “lift-off” from mid-2024 to September 2023,” said Prakken.</p><p>   Meanwhile, LPL Financial Research expects today's release of minutes from the FOMC meeting in June to get more attention than usual as markets look for more hints on the Fed’s assessment of the economy and any future plans to taper asset purchases.</p><p>   LPL says that good news has been bad news for rates as building expectations for asset purchase reductions have contributed to increased interest in Treasuries, pushing rates lower.</p><p>   The U.S. 10-Year Treasury yield   , now around 1.31%, is on pace to fall for a seventh straight day. That would be its longest losing streak since a nine-day decline in mid-February to early March 2020.</p><p>   In any event, LPL says, \"We do not think the early stages of this recovery are nearly as fragile as the last expansion and that the combination of inflation, economic growth, and expected increased Treasury issuance later in the year will contribute to pushing the 10-year Treasury yield higher despite the recent declines.\"</p><p>   As for stocks, LPL says \"We’d recommend using any weakness as an opportunity to add to positions.\"</p><p>    (Terence Gabriel)</p><p>   *****</p><p>   ENGLAND FOOTBALL FEVER FAILS TO SPUR ECONOMIC BOOM (1142 EDT/1542 GMT)</p><p>   England fans' excitement might be reaching fever pitch with Football getting (possibly) another step closer to coming home if the Three Lions beat Denmark tonight at Wembley. However, it doesn't look like all that enthusiasm will translate into much of an economic uplift for the country, finds Deutsche Bank.</p><p>   So, what's the economic impact of Euro 2020 on the UK economy? Deutsche Bank's Sanjay Raja calculates fans will have spent nearly 40 million pounds ($55 million) on accommodation, 9 million pounds on food and eating out and another 3.5 million pounds on local tourism delights in either London or Glasgow, where many of the Euro 2020 games are played.    </p><p>   Direct spending assumptions are rather rigid though, and once you apply a suitable multiplier, Raja predicts a total uplift of 90 million pounds - or 0.05% of monthly GDP. </p><p>   This does look a touch paltry, compared to the 1.2 billion euro ($1.4 billion) the Euro 2016 injected into France or the 1.34 billion euro of income generated in 2008 when Austria and Switzerland co-hosted. Yet, these are pandemic times with social and travel constraints, and having the tournament spread across 11 European cities dilutes the uplift further. </p><p>   Scouring for market impact, Deutsche points out the currency has struggled to match the performance of its namesake on the pitch, Raheem Sterling.  </p><p>   Sterling is down in trade weighted terms, though that's not uncommon when looking at the currency between the start of the last thirteen major tournaments that England have qualified for, and the day after they bowed out.</p><p>   \"While currency returns have generally been more positive during World Cups than European Championships, there is sadly no correlation between on pitch performance and returns in currency markets, in line with the modest expected economic impact outlined above,\" writes Raja.    </p><p>   (Karin Strohecker)</p><p>   *****</p><p>   APPLY WITHIN - PLEASE? JOB OPENINGS SCALE NEW HEIGHTS (1115 EDT/1515 GMT) A fresh glimpse at the magnitude of the worker drought was thoughtfully provided by the Labor Department on Thursday.    </p><p>   The Job Openings and Labor Turnover Survey (JOLTS)</p><p> , a measure of employment churn, showed open positions inching to a record high of 9.209 million, up from April's downwardly revised 9.193 million.  </p><p>   The number, however, came in below consensus.</p><p>   Demand has rushed back with a vengeance as inoculated consumers, wallets fattened by stimulus and savings, economically re-engage. But businesses are struggling to meet the rush as many workers remain on the sidelines.</p><p>   As a result, Main Street is lousy with \"help wanted\" signs.</p><p>   The report showed churn slowed down across the board, with hires, layoffs and quits all edging lower.</p><p>   Notably, the quit rate, seen by many economists as a barometer of consumer expectations - workers are less likely to walk away from a gig in times of economic uncertainty - shed 0.3 percentage points to 2.5% of the labor force, possibly due in part to lingering concerns about long-term inflation.</p><p>   As shown in the graphic below, the gap between job openings and hires is the widest it's ever been:</p><p>   Meanwhile, the housing market - the economy's erstwhile spotlight hog - continues to show signs of cooling down as home prices, launched to the stratosphere by low supply and spiking materials prices, are pushing home affordability beyond the grasp of many potential buyers.</p><p>   Demand for home loans slipped 1.8% last week despite dropping interest rates.</p><p>   The Mortgage Bankers Association's (MBA) weekly report shows that while the average 30-year fixed contract rate    edged lower, applications for loans to buy homes    and refinance existing mortgages    fell by 1% and 2%, respectively.</p><p>   \"Even as mortgage rates declined, with the 30-year fixed rate dropping 5 basis points to 3.15%, both purchase and refinance applications decreased,\" says Joel Kan, associate vice president of Economic and Industry Forecasting at MBA. \"Swift home-price growth across much of the country, driven by insufficient housing supply, is weighing on the purchase market and is pushing average loan amounts higher.\"</p><p>   All three U.S. stock indexes were modestly red amid a Treasury rally and in advance of the Fed minutes.</p><p>   Chips    and smallcaps    were suffering the worst of it.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   TREASURY YIELDS REFLECT EXPECTATIONS OF WEAKER GROWTH, LESS FED SUPPORT (1045 EDT/1445 GMT)</p><p>   The dramatic drop in benchmark U.S. Treasury yields to almost five-month lows on Wednesday likely reflects investors’ expectations of less fiscal and monetary support for the economy, and the possibility that economic momentum may be starting to wane, according to analysts.</p><p>   Ten-year Treasury yields    fell to 1.30% on Wednesday, the lowest since Feb. 19 and down from 1.47% on Friday.</p><p>   The move on its surface would appear to counter expectations that the Fed could hint that it is closer to paring bond purchases when it releases minutes from its June meeting later on Wednesday.</p><p>   However, “the path toward winding down QE by the end of 2022 has been reasonably well telegraphed by the Fed at this stage,” analysts at BMO Capital Markets said in a report on Wednesday.</p><p>   The drop in yields “reflects investors looking past the next several quarters of performance of the real economy and toward an environment in which there is less fiscal and monetary policy support,” BMO said.</p><p>   Tom Simons, a money market economist at Jefferies in New York, added that the bullish economic momentum from the reopening may already be starting to fade, especially in the labor market.</p><p>   Data on Friday showed that nonfarm payrolls increased by 850,000 jobs last month, but the total is still 6.8 million below its peak in February 2020.  </p><p>   However, “it was expected to beat expectations by a lot, and it only barely beat expectations,” Simons said.</p><p>   Data on Tuesday also showed that the ISM service sector employment index fell to 49.3 in June.  </p><p>   “There’s this expectation that maybe we’ve already seen the best part of the recovery and that the rest of this is going to be a slow grind as businesses try to figure out how to do more with less in terms of people, how to become more productive,” Simons said.</p><p>   (Karen Brettell)</p><p>   *****</p><p>   WALL STREET GAINS, WITH BONDS FIRST STOP FOR EQUITIES (1017 EDT/1417 GMT)</p><p>   For an idea of what's cooking in equity markets, check out bond yields first.</p><p>   The yield on the 10-year U.S. Treasury note    hit a fresh four-month low on Wednesday, sliding to 1.3%, and S&amp;P 500    is tilting slightly higher. Big tech is leading the advance. This ahead of the release of Fed Minutes late today.</p><p>   The Nasdaq    set a new high at the open and the S&amp;P 500 soon after. A 1.5% gain in Apple Inc    is leading the S&amp;P higher, followed by Amazon.com Inc   , Microsoft Corp.</p><p>  and Paypal Holdings   .</p><p>   Nvidia Corp    and Tesla Inc    are the biggest weights on the market.</p><p>   Growth stocks are outpacing value, with the Russell 1000 Growth index    up 0.4%, while the Russell 1000 Value index</p><p>  is down 0.1%. </p><p>   (Herbert Lash)</p><p>   ***** </p><p>   WISE IPO: HERE'S LONDON'S TECH TRACK RECORD (0925 EDT/1325 GMT)</p><p>   Fintech Wise just became London's largest ever tech listing by market capitalisation with a new price tag set today at 800 pence per share, valuing the company at 7.95 billion pounds ($11 billion). </p><p>   Now, Boris Johnson's government has made no secret of its ambitions to boost the UK's capital credentials when it comes to tech and fintech in particular.  </p><p>   Several tech companies including Deliveroo   , Trustpilot    and Moonpig    have already listed in London this year and helped push initial public offerings <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> to a record high.</p><p>   The future will tell if post-Brexit Britain proves to be the</p><p>place to be for tech in Europe but in the meantime, here's the LSE's track record when it comes to tech IPOs: </p><p>   See: Wise valued at $11 billion in record London direct listing  </p><p>   (Abhinav Ramnarayan and Julien Ponthus) </p><p>   *****</p><p>   SOME INTERESTING MARKET TURNS, THIS PAST MARCH (0900 EDT/1300 GMT)</p><p>   In Shakespeare's play \"Julius Caesar,\" a soothsayer issues a warning: \"Beware of the Ides of March.\"</p><p>   As it turns out, value investors should have heeded that warning this year, given that the S&amp;P 500 Value index   /S&amp;P 500 Growth index    ratio put in a high that month. On Tuesday, the value train suffered another derailment.</p><p>   There was also another significant turn that developed in March. That is, small caps and micro caps peaked in relative strength vs the S&amp;P 500:</p><p>   In mid-March, on a weekly basis, amid an on-going speculative surge in so-called meme stocks, the <a href=\"https://laohu8.com/S/EEME\">iShares</a> Russell 2000 ETF    / SPDR S&amp;P 500 ETF Trust    ratio hit a 2-1/2 year high. However, the ratio failed right at a resistance line from early 2014, and has since fallen to an 8-month low.</p><p>   Also in March, the <a href=\"https://laohu8.com/S/EGRW\">iShares</a> Microcap ETF   /SPY ratio hit its highest level since early April, 2014. However, it was also repulsed by a resistance line. In this case, its line was from 2006.</p><p>   Since failing at this barrier, the IWC/SPY ratio is on the back foot and is now flirting with its May trough, which was its lowest level since January.</p><p>   Since topping in March, the IWM is down around 4%, while the IWC has lost around 7%. Against this, the SPY has advanced more than 16% from its early-March low.</p><p>   So far, the market has weathered dissipating energy, and outright decline, in its more speculative segments well. This as an index that includes 10 of today's highly-traded tech titans, the NYSE FANG+TM index    has surged around 20% from its March trough.    </p><p>   That said, amid fear of a black swan  , renewed animal spirits across more speculative market segments and a resumption of broader participation in the form of a new high in the Nasdaq    advance/decline line   , may be needed to stave off any ill effects of the March turns.  </p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR WEDNESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SCMCVSPY07072021     London tech IPO     earlytrade07072021     JOLTS     MBA     Euro 2020     U.S. Market Close    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>LIVE MARKETS-Stocks ignore Fed's muddled message, rise on lower yields</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLIVE MARKETS-Stocks ignore Fed's muddled message, rise on lower yields\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-08 04:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* Dow, S&amp;P 500 end modestly green, Nasdaq just above flat line</p><p>   * Materials lead S&amp;P sector gainers; energy weakest group</p><p>   * Dollar, gold, bitcoin gain; crude falls</p><p>   * 10-year Treasury yield trading at ~1.32%</p><p>Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p>   STOCKS IGNORE FED'S MUDDLED MESSAGE, RISE ON LOWER YIELDS (1605 EDT/2005 GMT)</p><p>   Minutes released on Wednesday from the FOMC meeting in June left investors a bit muddled, but the message from a further drop in Treasury yields helped lift the S&amp;P 500    and Nasdaq    to new highs. </p><p>    Though the Nasdaq barely eked out a gain, big tech has responded to a decline in market interest rates over the past week. Apple   , Microsoft Corp   , and other tech-titans such as Amazon.com Inc    and Oracle Corp</p><p> , climbed to new peaks and led the S&amp;P's advance. </p><p>   The yield on the 10-year U.S. Treasury note    slid below 1.3%, to levels last seen in February and a far cry from a jump to 1.776% at the end of March.</p><p>   The minutes reflected a divided Fed wrestling with new inflation risks but still relatively high unemployment. Various policymakers felt conditions for reducing the Fed's asset buying would be \"met somewhat earlier than they had anticipated.\"</p><p>   But the minutes showed others cautioning that the reopening of the economy after a pandemic left an unusual level of uncertainty, which required a \"patient\" approach to any policy change.</p><p>   \"They've yet figured out what it is they'd like to do,\" said Steven Ricchiuto, U.S. chief economist at Mizuho Securities USA LLC in New York. \"The committee's debate on taper was non-committal, as the post-meeting policy statement made clear.\"</p><p>   Both growth    and value stocks    gained, with the former slightly outpacing the latter.</p><p>   Here is Wednesday's closing snapshot:  </p><p>    (Herbert Lash)</p><p>   *****</p><p>   TD RECOMMENDS SHORTING SOFR, SEES T-BILL ISSUANCE INCREASING AFTER DEBT CEILING RAISED (1500 EDT/1900 GMT)</p><p>   TD Securities is recommending investors take a short position in SOFR futures maturing in November, on the view that Congress will likely raise the debt ceiling before it runs out of cash in October, which would lead to an increase in Treasury bill issuance.</p><p>   The debt ceiling is due to be reinstated on July 31, after last being suspended for the past two years, but the U.S. Treasury is not expected to run out of borrowing capacity until early October, TD said.</p><p>   The Treasury has been reducing its sales of short-dated debt as it reduces its cash balance heading into the debt ceiling deadline. This has kept yields on Treasury bills extremely low as short-term investors struggle to find assets to buy. The Treasury’s cash balance is expected to fall to $450 billion by the end of July, TD said.</p><p>   Once the debt ceiling is raised or suspended, however, the Treasury is likely to raise its cash balance back to more “normal” levels of around $600 to $700 billion by quickly issuing $200 to $300 billion in Treasury bills, TD added. This could push bill yields higher in October and lead to slightly higher rates in overnight repurchase agreements, the bank said.</p><p>   To benefit from this move the bank recommends taking a short position in November SOFR futures at 5 basis points, where it traded on Wednesday, with a target of 8 basis points.</p><p>   SOFR    is the benchmark U.S. rate selected to replace the London interbank offered rate (Libor), and is based on the overnight repo market.</p><p>   (Karen Brettell)</p><p>   *****</p><p>   BITCOIN PASSES REGULATORY \"STRESS TEST\" (1345 EDT/1745 GMT)</p><p>   China's crackdown on the country's cryptocurrency industry has been <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest headaches for bitcoin investors over the past few months. </p><p>   China's bitcoin mining industry, which accounts for as much as 70% of global capacity, may see up to 90% of its miners go offline, according to some estimates.  </p><p>   However, Marcel Kasumovich, head of research at One River Asset Management, says the bitcoin network's resilience has been demonstrated over the past few months, calling China's actions a \"stress test\" of bitcoin as an industrial asset. </p><p>   \"There is a massive migration of 'industrial production' of bitcoin away from a dominant player (China), yet, the bitcoin network had no downtime,\" Kasumovich told the Reuters Global Markets Forum </p><p>   Meanwhile, China-based bitcoin miners are trying to exit the country, looking abroad for the trifecta of friendly regulatory authorities, cool temperatures and cheap power. </p><p>   While crypto's power usage - equivalent to the energy consumption of some small countries - and subsequent carbon footprint is another <a href=\"https://laohu8.com/S/AONE.U\">one</a> of many concerns, OneRiver's Kasumovich thinks that bitcoin miners will find it easy to migrate to \"stranded\" renewable energy production. </p><p>   \"In turn, bitcoin miners are adding to the economic return of renewable energy production, accelerating investment in the space,\" he added. </p><p>   In the meantime, OneRiver, which offers multiple bitcoin funds, has a carbon-neutral share class for ESG-minded investors. For every Bitcoin owned, OneRiver purchases and \"plants\" tokenized carbon offsets in the Amazon. </p><p>   That being said, Kasumovich noted that such offsets are merely a short term solution to bitcoin's energy footprint. </p><p>   Meanwhile, bitcoin    has steadied over the last week but is still trading over 47% below April's all time high. </p><p>   (Lisa Mattackal)</p><p>   *****</p><p>   RECOVERY MAY BE ON SOLID FOOTING, BUT FED MINUTES A FOCUS (1210 EDT/1610 GMT)</p><p>   HIS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> is revising its 2021 U.S. GDP forecast down to 6.6%. That said, Joel Prakken, HIS Markit chief US economist and co-head US economics, believes \"the recovery remains on solid footing.\"</p><p>   HIS Markit believes strong final demand combined with lean inventories, a rising proportion of vaccinated Americans, coupled with the reversal of pandemic containment measures, against the backdrop of expansionary monetary and fiscal policy, support their forecast for 6.6% GDP growth this year and 5.0% next year.</p><p>   “Near-term price pressures will push consumer price inflation to 3.7% this year and 2.4% in 2022. We expect these pressures to subside as supply expands in response to the recent surge in demand. However, in recognition of the upward revision to near-term inflation, we have moved forward our expected timing of the Fed’s interest rate “lift-off” from mid-2024 to September 2023,” said Prakken.</p><p>   Meanwhile, LPL Financial Research expects today's release of minutes from the FOMC meeting in June to get more attention than usual as markets look for more hints on the Fed’s assessment of the economy and any future plans to taper asset purchases.</p><p>   LPL says that good news has been bad news for rates as building expectations for asset purchase reductions have contributed to increased interest in Treasuries, pushing rates lower.</p><p>   The U.S. 10-Year Treasury yield   , now around 1.31%, is on pace to fall for a seventh straight day. That would be its longest losing streak since a nine-day decline in mid-February to early March 2020.</p><p>   In any event, LPL says, \"We do not think the early stages of this recovery are nearly as fragile as the last expansion and that the combination of inflation, economic growth, and expected increased Treasury issuance later in the year will contribute to pushing the 10-year Treasury yield higher despite the recent declines.\"</p><p>   As for stocks, LPL says \"We’d recommend using any weakness as an opportunity to add to positions.\"</p><p>    (Terence Gabriel)</p><p>   *****</p><p>   ENGLAND FOOTBALL FEVER FAILS TO SPUR ECONOMIC BOOM (1142 EDT/1542 GMT)</p><p>   England fans' excitement might be reaching fever pitch with Football getting (possibly) another step closer to coming home if the Three Lions beat Denmark tonight at Wembley. However, it doesn't look like all that enthusiasm will translate into much of an economic uplift for the country, finds Deutsche Bank.</p><p>   So, what's the economic impact of Euro 2020 on the UK economy? Deutsche Bank's Sanjay Raja calculates fans will have spent nearly 40 million pounds ($55 million) on accommodation, 9 million pounds on food and eating out and another 3.5 million pounds on local tourism delights in either London or Glasgow, where many of the Euro 2020 games are played.    </p><p>   Direct spending assumptions are rather rigid though, and once you apply a suitable multiplier, Raja predicts a total uplift of 90 million pounds - or 0.05% of monthly GDP. </p><p>   This does look a touch paltry, compared to the 1.2 billion euro ($1.4 billion) the Euro 2016 injected into France or the 1.34 billion euro of income generated in 2008 when Austria and Switzerland co-hosted. Yet, these are pandemic times with social and travel constraints, and having the tournament spread across 11 European cities dilutes the uplift further. </p><p>   Scouring for market impact, Deutsche points out the currency has struggled to match the performance of its namesake on the pitch, Raheem Sterling.  </p><p>   Sterling is down in trade weighted terms, though that's not uncommon when looking at the currency between the start of the last thirteen major tournaments that England have qualified for, and the day after they bowed out.</p><p>   \"While currency returns have generally been more positive during World Cups than European Championships, there is sadly no correlation between on pitch performance and returns in currency markets, in line with the modest expected economic impact outlined above,\" writes Raja.    </p><p>   (Karin Strohecker)</p><p>   *****</p><p>   APPLY WITHIN - PLEASE? JOB OPENINGS SCALE NEW HEIGHTS (1115 EDT/1515 GMT) A fresh glimpse at the magnitude of the worker drought was thoughtfully provided by the Labor Department on Thursday.    </p><p>   The Job Openings and Labor Turnover Survey (JOLTS)</p><p> , a measure of employment churn, showed open positions inching to a record high of 9.209 million, up from April's downwardly revised 9.193 million.  </p><p>   The number, however, came in below consensus.</p><p>   Demand has rushed back with a vengeance as inoculated consumers, wallets fattened by stimulus and savings, economically re-engage. But businesses are struggling to meet the rush as many workers remain on the sidelines.</p><p>   As a result, Main Street is lousy with \"help wanted\" signs.</p><p>   The report showed churn slowed down across the board, with hires, layoffs and quits all edging lower.</p><p>   Notably, the quit rate, seen by many economists as a barometer of consumer expectations - workers are less likely to walk away from a gig in times of economic uncertainty - shed 0.3 percentage points to 2.5% of the labor force, possibly due in part to lingering concerns about long-term inflation.</p><p>   As shown in the graphic below, the gap between job openings and hires is the widest it's ever been:</p><p>   Meanwhile, the housing market - the economy's erstwhile spotlight hog - continues to show signs of cooling down as home prices, launched to the stratosphere by low supply and spiking materials prices, are pushing home affordability beyond the grasp of many potential buyers.</p><p>   Demand for home loans slipped 1.8% last week despite dropping interest rates.</p><p>   The Mortgage Bankers Association's (MBA) weekly report shows that while the average 30-year fixed contract rate    edged lower, applications for loans to buy homes    and refinance existing mortgages    fell by 1% and 2%, respectively.</p><p>   \"Even as mortgage rates declined, with the 30-year fixed rate dropping 5 basis points to 3.15%, both purchase and refinance applications decreased,\" says Joel Kan, associate vice president of Economic and Industry Forecasting at MBA. \"Swift home-price growth across much of the country, driven by insufficient housing supply, is weighing on the purchase market and is pushing average loan amounts higher.\"</p><p>   All three U.S. stock indexes were modestly red amid a Treasury rally and in advance of the Fed minutes.</p><p>   Chips    and smallcaps    were suffering the worst of it.</p><p>   (Stephen Culp)</p><p>   *****</p><p>   TREASURY YIELDS REFLECT EXPECTATIONS OF WEAKER GROWTH, LESS FED SUPPORT (1045 EDT/1445 GMT)</p><p>   The dramatic drop in benchmark U.S. Treasury yields to almost five-month lows on Wednesday likely reflects investors’ expectations of less fiscal and monetary support for the economy, and the possibility that economic momentum may be starting to wane, according to analysts.</p><p>   Ten-year Treasury yields    fell to 1.30% on Wednesday, the lowest since Feb. 19 and down from 1.47% on Friday.</p><p>   The move on its surface would appear to counter expectations that the Fed could hint that it is closer to paring bond purchases when it releases minutes from its June meeting later on Wednesday.</p><p>   However, “the path toward winding down QE by the end of 2022 has been reasonably well telegraphed by the Fed at this stage,” analysts at BMO Capital Markets said in a report on Wednesday.</p><p>   The drop in yields “reflects investors looking past the next several quarters of performance of the real economy and toward an environment in which there is less fiscal and monetary policy support,” BMO said.</p><p>   Tom Simons, a money market economist at Jefferies in New York, added that the bullish economic momentum from the reopening may already be starting to fade, especially in the labor market.</p><p>   Data on Friday showed that nonfarm payrolls increased by 850,000 jobs last month, but the total is still 6.8 million below its peak in February 2020.  </p><p>   However, “it was expected to beat expectations by a lot, and it only barely beat expectations,” Simons said.</p><p>   Data on Tuesday also showed that the ISM service sector employment index fell to 49.3 in June.  </p><p>   “There’s this expectation that maybe we’ve already seen the best part of the recovery and that the rest of this is going to be a slow grind as businesses try to figure out how to do more with less in terms of people, how to become more productive,” Simons said.</p><p>   (Karen Brettell)</p><p>   *****</p><p>   WALL STREET GAINS, WITH BONDS FIRST STOP FOR EQUITIES (1017 EDT/1417 GMT)</p><p>   For an idea of what's cooking in equity markets, check out bond yields first.</p><p>   The yield on the 10-year U.S. Treasury note    hit a fresh four-month low on Wednesday, sliding to 1.3%, and S&amp;P 500    is tilting slightly higher. Big tech is leading the advance. This ahead of the release of Fed Minutes late today.</p><p>   The Nasdaq    set a new high at the open and the S&amp;P 500 soon after. A 1.5% gain in Apple Inc    is leading the S&amp;P higher, followed by Amazon.com Inc   , Microsoft Corp.</p><p>  and Paypal Holdings   .</p><p>   Nvidia Corp    and Tesla Inc    are the biggest weights on the market.</p><p>   Growth stocks are outpacing value, with the Russell 1000 Growth index    up 0.4%, while the Russell 1000 Value index</p><p>  is down 0.1%. </p><p>   (Herbert Lash)</p><p>   ***** </p><p>   WISE IPO: HERE'S LONDON'S TECH TRACK RECORD (0925 EDT/1325 GMT)</p><p>   Fintech Wise just became London's largest ever tech listing by market capitalisation with a new price tag set today at 800 pence per share, valuing the company at 7.95 billion pounds ($11 billion). </p><p>   Now, Boris Johnson's government has made no secret of its ambitions to boost the UK's capital credentials when it comes to tech and fintech in particular.  </p><p>   Several tech companies including Deliveroo   , Trustpilot    and Moonpig    have already listed in London this year and helped push initial public offerings <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> to a record high.</p><p>   The future will tell if post-Brexit Britain proves to be the</p><p>place to be for tech in Europe but in the meantime, here's the LSE's track record when it comes to tech IPOs: </p><p>   See: Wise valued at $11 billion in record London direct listing  </p><p>   (Abhinav Ramnarayan and Julien Ponthus) </p><p>   *****</p><p>   SOME INTERESTING MARKET TURNS, THIS PAST MARCH (0900 EDT/1300 GMT)</p><p>   In Shakespeare's play \"Julius Caesar,\" a soothsayer issues a warning: \"Beware of the Ides of March.\"</p><p>   As it turns out, value investors should have heeded that warning this year, given that the S&amp;P 500 Value index   /S&amp;P 500 Growth index    ratio put in a high that month. On Tuesday, the value train suffered another derailment.</p><p>   There was also another significant turn that developed in March. That is, small caps and micro caps peaked in relative strength vs the S&amp;P 500:</p><p>   In mid-March, on a weekly basis, amid an on-going speculative surge in so-called meme stocks, the <a href=\"https://laohu8.com/S/EEME\">iShares</a> Russell 2000 ETF    / SPDR S&amp;P 500 ETF Trust    ratio hit a 2-1/2 year high. However, the ratio failed right at a resistance line from early 2014, and has since fallen to an 8-month low.</p><p>   Also in March, the <a href=\"https://laohu8.com/S/EGRW\">iShares</a> Microcap ETF   /SPY ratio hit its highest level since early April, 2014. However, it was also repulsed by a resistance line. In this case, its line was from 2006.</p><p>   Since failing at this barrier, the IWC/SPY ratio is on the back foot and is now flirting with its May trough, which was its lowest level since January.</p><p>   Since topping in March, the IWM is down around 4%, while the IWC has lost around 7%. Against this, the SPY has advanced more than 16% from its early-March low.</p><p>   So far, the market has weathered dissipating energy, and outright decline, in its more speculative segments well. This as an index that includes 10 of today's highly-traded tech titans, the NYSE FANG+TM index    has surged around 20% from its March trough.    </p><p>   That said, amid fear of a black swan  , renewed animal spirits across more speculative market segments and a resumption of broader participation in the form of a new high in the Nasdaq    advance/decline line   , may be needed to stave off any ill effects of the March turns.  </p><p>   (Terence Gabriel)</p><p>   *****</p><p>   FOR WEDNESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:  </p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SCMCVSPY07072021     London tech IPO     earlytrade07072021     JOLTS     MBA     Euro 2020     U.S. Market Close    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Terence Gabriel is a Reuters market analyst. 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You can share your thoughts with us at markets.research@thomsonreuters.com   STOCKS IGNORE FED'S MUDDLED MESSAGE, RISE ON LOWER YIELDS (1605 EDT/2005 GMT)   Minutes released on Wednesday from the FOMC meeting in June left investors a bit muddled, but the message from a further drop in Treasury yields helped lift the S&P 500    and Nasdaq    to new highs.     Though the Nasdaq barely eked out a gain, big tech has responded to a decline in market interest rates over the past week. Apple   , Microsoft Corp   , and other tech-titans such as Amazon.com Inc    and Oracle Corp , climbed to new peaks and led the S&P's advance.    The yield on the 10-year U.S. Treasury note    slid below 1.3%, to levels last seen in February and a far cry from a jump to 1.776% at the end of March.   The minutes reflected a divided Fed wrestling with new inflation risks but still relatively high unemployment. Various policymakers felt conditions for reducing the Fed's asset buying would be \"met somewhat earlier than they had anticipated.\"   But the minutes showed others cautioning that the reopening of the economy after a pandemic left an unusual level of uncertainty, which required a \"patient\" approach to any policy change.   \"They've yet figured out what it is they'd like to do,\" said Steven Ricchiuto, U.S. chief economist at Mizuho Securities USA LLC in New York. \"The committee's debate on taper was non-committal, as the post-meeting policy statement made clear.\"   Both growth    and value stocks    gained, with the former slightly outpacing the latter.   Here is Wednesday's closing snapshot:      (Herbert Lash)   *****   TD RECOMMENDS SHORTING SOFR, SEES T-BILL ISSUANCE INCREASING AFTER DEBT CEILING RAISED (1500 EDT/1900 GMT)   TD Securities is recommending investors take a short position in SOFR futures maturing in November, on the view that Congress will likely raise the debt ceiling before it runs out of cash in October, which would lead to an increase in Treasury bill issuance.   The debt ceiling is due to be reinstated on July 31, after last being suspended for the past two years, but the U.S. Treasury is not expected to run out of borrowing capacity until early October, TD said.   The Treasury has been reducing its sales of short-dated debt as it reduces its cash balance heading into the debt ceiling deadline. This has kept yields on Treasury bills extremely low as short-term investors struggle to find assets to buy. The Treasury’s cash balance is expected to fall to $450 billion by the end of July, TD said.   Once the debt ceiling is raised or suspended, however, the Treasury is likely to raise its cash balance back to more “normal” levels of around $600 to $700 billion by quickly issuing $200 to $300 billion in Treasury bills, TD added. This could push bill yields higher in October and lead to slightly higher rates in overnight repurchase agreements, the bank said.   To benefit from this move the bank recommends taking a short position in November SOFR futures at 5 basis points, where it traded on Wednesday, with a target of 8 basis points.   SOFR    is the benchmark U.S. rate selected to replace the London interbank offered rate (Libor), and is based on the overnight repo market.   (Karen Brettell)   *****   BITCOIN PASSES REGULATORY \"STRESS TEST\" (1345 EDT/1745 GMT)   China's crackdown on the country's cryptocurrency industry has been one of the biggest headaches for bitcoin investors over the past few months.    China's bitcoin mining industry, which accounts for as much as 70% of global capacity, may see up to 90% of its miners go offline, according to some estimates.     However, Marcel Kasumovich, head of research at One River Asset Management, says the bitcoin network's resilience has been demonstrated over the past few months, calling China's actions a \"stress test\" of bitcoin as an industrial asset.    \"There is a massive migration of 'industrial production' of bitcoin away from a dominant player (China), yet, the bitcoin network had no downtime,\" Kasumovich told the Reuters Global Markets Forum    Meanwhile, China-based bitcoin miners are trying to exit the country, looking abroad for the trifecta of friendly regulatory authorities, cool temperatures and cheap power.    While crypto's power usage - equivalent to the energy consumption of some small countries - and subsequent carbon footprint is another one of many concerns, OneRiver's Kasumovich thinks that bitcoin miners will find it easy to migrate to \"stranded\" renewable energy production.    \"In turn, bitcoin miners are adding to the economic return of renewable energy production, accelerating investment in the space,\" he added.    In the meantime, OneRiver, which offers multiple bitcoin funds, has a carbon-neutral share class for ESG-minded investors. For every Bitcoin owned, OneRiver purchases and \"plants\" tokenized carbon offsets in the Amazon.    That being said, Kasumovich noted that such offsets are merely a short term solution to bitcoin's energy footprint.    Meanwhile, bitcoin    has steadied over the last week but is still trading over 47% below April's all time high.    (Lisa Mattackal)   *****   RECOVERY MAY BE ON SOLID FOOTING, BUT FED MINUTES A FOCUS (1210 EDT/1610 GMT)   HIS Markit is revising its 2021 U.S. GDP forecast down to 6.6%. That said, Joel Prakken, HIS Markit chief US economist and co-head US economics, believes \"the recovery remains on solid footing.\"   HIS Markit believes strong final demand combined with lean inventories, a rising proportion of vaccinated Americans, coupled with the reversal of pandemic containment measures, against the backdrop of expansionary monetary and fiscal policy, support their forecast for 6.6% GDP growth this year and 5.0% next year.   “Near-term price pressures will push consumer price inflation to 3.7% this year and 2.4% in 2022. We expect these pressures to subside as supply expands in response to the recent surge in demand. However, in recognition of the upward revision to near-term inflation, we have moved forward our expected timing of the Fed’s interest rate “lift-off” from mid-2024 to September 2023,” said Prakken.   Meanwhile, LPL Financial Research expects today's release of minutes from the FOMC meeting in June to get more attention than usual as markets look for more hints on the Fed’s assessment of the economy and any future plans to taper asset purchases.   LPL says that good news has been bad news for rates as building expectations for asset purchase reductions have contributed to increased interest in Treasuries, pushing rates lower.   The U.S. 10-Year Treasury yield   , now around 1.31%, is on pace to fall for a seventh straight day. That would be its longest losing streak since a nine-day decline in mid-February to early March 2020.   In any event, LPL says, \"We do not think the early stages of this recovery are nearly as fragile as the last expansion and that the combination of inflation, economic growth, and expected increased Treasury issuance later in the year will contribute to pushing the 10-year Treasury yield higher despite the recent declines.\"   As for stocks, LPL says \"We’d recommend using any weakness as an opportunity to add to positions.\"    (Terence Gabriel)   *****   ENGLAND FOOTBALL FEVER FAILS TO SPUR ECONOMIC BOOM (1142 EDT/1542 GMT)   England fans' excitement might be reaching fever pitch with Football getting (possibly) another step closer to coming home if the Three Lions beat Denmark tonight at Wembley. However, it doesn't look like all that enthusiasm will translate into much of an economic uplift for the country, finds Deutsche Bank.   So, what's the economic impact of Euro 2020 on the UK economy? Deutsche Bank's Sanjay Raja calculates fans will have spent nearly 40 million pounds ($55 million) on accommodation, 9 million pounds on food and eating out and another 3.5 million pounds on local tourism delights in either London or Glasgow, where many of the Euro 2020 games are played.       Direct spending assumptions are rather rigid though, and once you apply a suitable multiplier, Raja predicts a total uplift of 90 million pounds - or 0.05% of monthly GDP.    This does look a touch paltry, compared to the 1.2 billion euro ($1.4 billion) the Euro 2016 injected into France or the 1.34 billion euro of income generated in 2008 when Austria and Switzerland co-hosted. Yet, these are pandemic times with social and travel constraints, and having the tournament spread across 11 European cities dilutes the uplift further.    Scouring for market impact, Deutsche points out the currency has struggled to match the performance of its namesake on the pitch, Raheem Sterling.     Sterling is down in trade weighted terms, though that's not uncommon when looking at the currency between the start of the last thirteen major tournaments that England have qualified for, and the day after they bowed out.   \"While currency returns have generally been more positive during World Cups than European Championships, there is sadly no correlation between on pitch performance and returns in currency markets, in line with the modest expected economic impact outlined above,\" writes Raja.       (Karin Strohecker)   *****   APPLY WITHIN - PLEASE? JOB OPENINGS SCALE NEW HEIGHTS (1115 EDT/1515 GMT) A fresh glimpse at the magnitude of the worker drought was thoughtfully provided by the Labor Department on Thursday.       The Job Openings and Labor Turnover Survey (JOLTS) , a measure of employment churn, showed open positions inching to a record high of 9.209 million, up from April's downwardly revised 9.193 million.     The number, however, came in below consensus.   Demand has rushed back with a vengeance as inoculated consumers, wallets fattened by stimulus and savings, economically re-engage. But businesses are struggling to meet the rush as many workers remain on the sidelines.   As a result, Main Street is lousy with \"help wanted\" signs.   The report showed churn slowed down across the board, with hires, layoffs and quits all edging lower.   Notably, the quit rate, seen by many economists as a barometer of consumer expectations - workers are less likely to walk away from a gig in times of economic uncertainty - shed 0.3 percentage points to 2.5% of the labor force, possibly due in part to lingering concerns about long-term inflation.   As shown in the graphic below, the gap between job openings and hires is the widest it's ever been:   Meanwhile, the housing market - the economy's erstwhile spotlight hog - continues to show signs of cooling down as home prices, launched to the stratosphere by low supply and spiking materials prices, are pushing home affordability beyond the grasp of many potential buyers.   Demand for home loans slipped 1.8% last week despite dropping interest rates.   The Mortgage Bankers Association's (MBA) weekly report shows that while the average 30-year fixed contract rate    edged lower, applications for loans to buy homes    and refinance existing mortgages    fell by 1% and 2%, respectively.   \"Even as mortgage rates declined, with the 30-year fixed rate dropping 5 basis points to 3.15%, both purchase and refinance applications decreased,\" says Joel Kan, associate vice president of Economic and Industry Forecasting at MBA. \"Swift home-price growth across much of the country, driven by insufficient housing supply, is weighing on the purchase market and is pushing average loan amounts higher.\"   All three U.S. stock indexes were modestly red amid a Treasury rally and in advance of the Fed minutes.   Chips    and smallcaps    were suffering the worst of it.   (Stephen Culp)   *****   TREASURY YIELDS REFLECT EXPECTATIONS OF WEAKER GROWTH, LESS FED SUPPORT (1045 EDT/1445 GMT)   The dramatic drop in benchmark U.S. Treasury yields to almost five-month lows on Wednesday likely reflects investors’ expectations of less fiscal and monetary support for the economy, and the possibility that economic momentum may be starting to wane, according to analysts.   Ten-year Treasury yields    fell to 1.30% on Wednesday, the lowest since Feb. 19 and down from 1.47% on Friday.   The move on its surface would appear to counter expectations that the Fed could hint that it is closer to paring bond purchases when it releases minutes from its June meeting later on Wednesday.   However, “the path toward winding down QE by the end of 2022 has been reasonably well telegraphed by the Fed at this stage,” analysts at BMO Capital Markets said in a report on Wednesday.   The drop in yields “reflects investors looking past the next several quarters of performance of the real economy and toward an environment in which there is less fiscal and monetary policy support,” BMO said.   Tom Simons, a money market economist at Jefferies in New York, added that the bullish economic momentum from the reopening may already be starting to fade, especially in the labor market.   Data on Friday showed that nonfarm payrolls increased by 850,000 jobs last month, but the total is still 6.8 million below its peak in February 2020.     However, “it was expected to beat expectations by a lot, and it only barely beat expectations,” Simons said.   Data on Tuesday also showed that the ISM service sector employment index fell to 49.3 in June.     “There’s this expectation that maybe we’ve already seen the best part of the recovery and that the rest of this is going to be a slow grind as businesses try to figure out how to do more with less in terms of people, how to become more productive,” Simons said.   (Karen Brettell)   *****   WALL STREET GAINS, WITH BONDS FIRST STOP FOR EQUITIES (1017 EDT/1417 GMT)   For an idea of what's cooking in equity markets, check out bond yields first.   The yield on the 10-year U.S. Treasury note    hit a fresh four-month low on Wednesday, sliding to 1.3%, and S&P 500    is tilting slightly higher. Big tech is leading the advance. This ahead of the release of Fed Minutes late today.   The Nasdaq    set a new high at the open and the S&P 500 soon after. A 1.5% gain in Apple Inc    is leading the S&P higher, followed by Amazon.com Inc   , Microsoft Corp.  and Paypal Holdings   .   Nvidia Corp    and Tesla Inc    are the biggest weights on the market.   Growth stocks are outpacing value, with the Russell 1000 Growth index    up 0.4%, while the Russell 1000 Value index  is down 0.1%.    (Herbert Lash)   *****    WISE IPO: HERE'S LONDON'S TECH TRACK RECORD (0925 EDT/1325 GMT)   Fintech Wise just became London's largest ever tech listing by market capitalisation with a new price tag set today at 800 pence per share, valuing the company at 7.95 billion pounds ($11 billion).    Now, Boris Johnson's government has made no secret of its ambitions to boost the UK's capital credentials when it comes to tech and fintech in particular.     Several tech companies including Deliveroo   , Trustpilot    and Moonpig    have already listed in London this year and helped push initial public offerings $(IPO.UK)$ to a record high.   The future will tell if post-Brexit Britain proves to be theplace to be for tech in Europe but in the meantime, here's the LSE's track record when it comes to tech IPOs:    See: Wise valued at $11 billion in record London direct listing     (Abhinav Ramnarayan and Julien Ponthus)    *****   SOME INTERESTING MARKET TURNS, THIS PAST MARCH (0900 EDT/1300 GMT)   In Shakespeare's play \"Julius Caesar,\" a soothsayer issues a warning: \"Beware of the Ides of March.\"   As it turns out, value investors should have heeded that warning this year, given that the S&P 500 Value index   /S&P 500 Growth index    ratio put in a high that month. On Tuesday, the value train suffered another derailment.   There was also another significant turn that developed in March. That is, small caps and micro caps peaked in relative strength vs the S&P 500:   In mid-March, on a weekly basis, amid an on-going speculative surge in so-called meme stocks, the iShares Russell 2000 ETF    / SPDR S&P 500 ETF Trust    ratio hit a 2-1/2 year high. However, the ratio failed right at a resistance line from early 2014, and has since fallen to an 8-month low.   Also in March, the iShares Microcap ETF   /SPY ratio hit its highest level since early April, 2014. However, it was also repulsed by a resistance line. In this case, its line was from 2006.   Since failing at this barrier, the IWC/SPY ratio is on the back foot and is now flirting with its May trough, which was its lowest level since January.   Since topping in March, the IWM is down around 4%, while the IWC has lost around 7%. Against this, the SPY has advanced more than 16% from its early-March low.   So far, the market has weathered dissipating energy, and outright decline, in its more speculative segments well. This as an index that includes 10 of today's highly-traded tech titans, the NYSE FANG+TM index    has surged around 20% from its March trough.       That said, amid fear of a black swan  , renewed animal spirits across more speculative market segments and a resumption of broader participation in the form of a new high in the Nasdaq    advance/decline line   , may be needed to stave off any ill effects of the March turns.     (Terence Gabriel)   *****   FOR WEDNESDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE:      <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SCMCVSPY07072021     London tech IPO     earlytrade07072021     JOLTS     MBA     Euro 2020     U.S. Market Close       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1,"symbols_score_info":{"QNETCN":0.6,"MSFT":0.9,"DDM":0.6,"DXD":0.6,"DJX":0.6,"SQQQ":0.6,"DOG":0.6,"NQmain":0.6,"SDOW":0.6,".DJI":0.9,".SPX":0.9,"AAPL":0.9,"MNQmain":0.6,"TQQQ":0.6,"03086":0.6,"QQQ":0.6,"ORCL":0.9,"09086":0.6,".IXIC":0.9,"QLD":0.6,"AMZN":0.9,"QID":0.6,"UDOW":0.6,"PSQ":0.6}},"isVote":1,"tweetType":1,"viewCount":1726,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149881229,"gmtCreate":1625714550261,"gmtModify":1703746979989,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581510077930535","authorIdStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149881229","repostId":"1193960545","repostType":2,"repost":{"id":"1193960545","kind":"news","pubTimestamp":1625699849,"share":"https://ttm.financial/m/news/1193960545?lang=en_US&edition=fundamental","pubTime":"2021-07-08 07:17","market":"us","language":"en","title":"S&P 500, Nasdaq post record closing highs after Fed minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=1193960545","media":"Reuters","summary":"Fed keen to be \"well positioned\" to act on inflation - minutes\nDow up 0.3%, S&P 500 up 0.3%, Nasdaq ","content":"<ul>\n <li>Fed keen to be \"well positioned\" to act on inflation - minutes</li>\n <li>Dow up 0.3%, S&amp;P 500 up 0.3%, Nasdaq up 0.01%</li>\n</ul>\n<p>NEW YORK, July 7 (Reuters) - U.S. stocks ended higher on Wednesday and the S&amp;P 500 and Nasdaq notched record closing highs after minutes from the last Federal Reserve meeting indicated officials may not be ready yet to move on tightening policy.</p>\n<p>According to the minutes of the U.S. central bank's June policy meeting, Fed officials felt substantial further progress on the economic recovery \"was generally seen as not having yet been met,\" but agreed they should be poised to act if inflation or other risks materialized.</p>\n<p>\"I read this as effectively a dovish set of notes simply because they don't feel as a group that they have enough certainty around the situation to make any changes at all,\" said Brad McMillan, chief investment officer at Commonwealth Financial Network in Waltham, Massachusetts.</p>\n<p>Treasury yields edged lower following the Fed minutes, while stocks mostly edged higher.</p>\n<p>The minutes reflected a divided Fed wrestling with new inflation risks but still relatively high unemployment.</p>\n<p>After its meeting and statement last month, investors began to anticipate the Fed would move more quickly to tighten than previously expected.</p>\n<p>Wall Street has been concerned about inflation, with investors moving between economy-linked value stocks and growth names in the past few sessions.</p>\n<p>Both growth(.RLG)and value stocks(.RLV)gained on Wednesday, while industrials(.SPLRCI)and materials(.SPLRCM)led S&amp;P 500 sector gains.</p>\n<p>The Dow Jones Industrial Average(.DJI)rose 104.42 points, or 0.3%, to 34,681.79, the S&amp;P 500(.SPX)gained 14.59 points, or 0.34%, to 4,358.13 and the Nasdaq Composite(.IXIC)added 1.42 points, or 0.01%, to 14,665.06.<img src=\"https://static.tigerbbs.com/b82724f48859f601746f387b53e8bf71\" tg-width=\"958\" tg-height=\"720\" referrerpolicy=\"no-referrer\">China's market regulator said it has fined a number of internet companies including Didi Global(DIDI.N), Tencent(0700.HK)and Alibaba(9988.HK)for failing to report earlier merger and acquisition deals for approval.read more</p>\n<p>U.S.-listed shares of Didi fell 4.6%, adding to a nearly 20% slump on Tuesday.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.92-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 71 new 52-week highs and no new lows; the Nasdaq Composite recorded 84 new highs and 121 new lows.</p>\n<p>Volume on U.S. exchanges was 10.04 billion shares, compared with the 10.7 billion average for the full session over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500, Nasdaq post record closing highs after Fed minutes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 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class=\"title\">\nS&P 500, Nasdaq post record closing highs after Fed minutes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/sp-500-nasdaq-post-record-closing-highs-after-fed-minutes-2021-07-07/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed keen to be \"well positioned\" to act on inflation - minutes\nDow up 0.3%, S&P 500 up 0.3%, Nasdaq up 0.01%\n\nNEW YORK, July 7 (Reuters) - U.S. stocks ended higher on Wednesday and the S&P 500 and ...</p>\n\n<a href=\"https://www.reuters.com/business/sp-500-nasdaq-post-record-closing-highs-after-fed-minutes-2021-07-07/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","OEX":"标普100",".SPX":"S&P 500 Index","TQQQ":"纳指三倍做多ETF","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF","SDS":"两倍做空标普500 ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","NDAQ":"纳斯达克OMX交易所","PSQ":"做空纳斯达克100指数ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares",".IXIC":"NASDAQ Composite","IVV":"标普500ETF-iShares","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares","SPY":"标普500ETF"},"source_url":"https://www.reuters.com/business/sp-500-nasdaq-post-record-closing-highs-after-fed-minutes-2021-07-07/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193960545","content_text":"Fed keen to be \"well positioned\" to act on inflation - minutes\nDow up 0.3%, S&P 500 up 0.3%, Nasdaq up 0.01%\n\nNEW YORK, July 7 (Reuters) - U.S. stocks ended higher on Wednesday and the S&P 500 and Nasdaq notched record closing highs after minutes from the last Federal Reserve meeting indicated officials may not be ready yet to move on tightening policy.\nAccording to the minutes of the U.S. central bank's June policy meeting, Fed officials felt substantial further progress on the economic recovery \"was generally seen as not having yet been met,\" but agreed they should be poised to act if inflation or other risks materialized.\n\"I read this as effectively a dovish set of notes simply because they don't feel as a group that they have enough certainty around the situation to make any changes at all,\" said Brad McMillan, chief investment officer at Commonwealth Financial Network in Waltham, Massachusetts.\nTreasury yields edged lower following the Fed minutes, while stocks mostly edged higher.\nThe minutes reflected a divided Fed wrestling with new inflation risks but still relatively high unemployment.\nAfter its meeting and statement last month, investors began to anticipate the Fed would move more quickly to tighten than previously expected.\nWall Street has been concerned about inflation, with investors moving between economy-linked value stocks and growth names in the past few sessions.\nBoth growth(.RLG)and value stocks(.RLV)gained on Wednesday, while industrials(.SPLRCI)and materials(.SPLRCM)led S&P 500 sector gains.\nThe Dow Jones Industrial Average(.DJI)rose 104.42 points, or 0.3%, to 34,681.79, the S&P 500(.SPX)gained 14.59 points, or 0.34%, to 4,358.13 and the Nasdaq Composite(.IXIC)added 1.42 points, or 0.01%, to 14,665.06.China's market regulator said it has fined a number of internet companies including Didi Global(DIDI.N), Tencent(0700.HK)and Alibaba(9988.HK)for failing to report earlier merger and acquisition deals for approval.read more\nU.S.-listed shares of Didi fell 4.6%, adding to a nearly 20% slump on Tuesday.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.92-to-1 ratio favored decliners.\nThe S&P 500 posted 71 new 52-week highs and no new lows; the Nasdaq Composite recorded 84 new highs and 121 new lows.\nVolume on U.S. exchanges was 10.04 billion shares, compared with the 10.7 billion average for the full session over the last 20 trading 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href=\"https://laohu8.com/S/BOTB.UK\">BEST</a> TIME INTERNATIONAL LTD</p><p>   * NET PROCEEDS OF SALE OF BONDS (EXCLUDING GREEN BONDS) WILL BE ABOUT US$789.0 MILLION.</p><p>   * NET PROCEEDS OF SALE OF GREEN BONDS WILL BE ABOUT US$392.8 MILLION</p><p>   * INTENDS TO USE PROCEEDS OF SALE OF GREEN BONDS FOR FINANCING OR REFINANCING</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Xiaomi Corp Issues US$800 MLN 2.875% Senior Bonds Due 2031</title>\n<style 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09:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>July 8 (Reuters) - Xiaomi Corp   :</p><p>   * ISSUE OF US$800 MILLION 2.875% <a href=\"https://laohu8.com/S/SNR.UK\">SENIOR</a> BONDS DUE 2031</p><p>   * ISSUE OF US$400 MILLION 4.100% SENIOR GREEN BONDS DUE 2051 BY XIAOMI <a href=\"https://laohu8.com/S/BOTB.UK\">BEST</a> TIME INTERNATIONAL LTD</p><p>   * NET PROCEEDS OF SALE OF BONDS (EXCLUDING GREEN BONDS) WILL BE ABOUT US$789.0 MILLION.</p><p>   * NET PROCEEDS OF SALE OF GREEN BONDS WILL BE ABOUT US$392.8 MILLION</p><p>   * INTENDS TO USE PROCEEDS OF SALE OF GREEN BONDS FOR FINANCING OR REFINANCING</p><p>Source text for Eikon:    Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNR.UK":"SENIOR","01810":"小米集团-W"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149314498","content_text":"July 8 (Reuters) - Xiaomi Corp   :   * ISSUE OF US$800 MILLION 2.875% SENIOR BONDS DUE 2031   * ISSUE OF US$400 MILLION 4.100% SENIOR GREEN BONDS DUE 2051 BY XIAOMI BEST TIME INTERNATIONAL LTD   * NET PROCEEDS OF SALE OF BONDS (EXCLUDING GREEN BONDS) WILL BE ABOUT US$789.0 MILLION.   * NET PROCEEDS OF SALE OF GREEN BONDS WILL BE ABOUT US$392.8 MILLION   * INTENDS TO USE PROCEEDS OF SALE OF GREEN BONDS FOR FINANCING OR REFINANCINGSource text for Eikon:    Further company coverage:    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((Reuters.Briefs@Thomsonreuters.Com;)).</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-06-23 03:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>June 22 (Reuters) - :Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus. ((Reuters.Briefs@Thomsonreuters.Com;)).</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TISI":"Team Inc","TSLA":"特斯拉","BGC":"BGC GROUP"},"source_url":"https://www.trkd.thomsonreuters.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145657710","content_text":"June 22 (Reuters) - :Lynn Miller, Former Deputy General Counsel At Tesla, Joins Executive Team Of Autonomous Trucking Technology Company Plus. ((Reuters.Briefs@Thomsonreuters.Com;)).","news_type":1,"symbols_score_info":{"TISI":1,"BGC":1,"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":962,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126287094,"gmtCreate":1624575712018,"gmtModify":1703840534585,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581510077930535","authorIdStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126287094","repostId":"1135867851","repostType":4,"isVote":1,"tweetType":1,"viewCount":829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126285739,"gmtCreate":1624575682821,"gmtModify":1703840533128,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581510077930535","authorIdStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126285739","repostId":"1155360226","repostType":4,"isVote":1,"tweetType":1,"viewCount":903,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126285059,"gmtCreate":1624575661771,"gmtModify":1703840531459,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581510077930535","authorIdStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126285059","repostId":"1189714454","repostType":4,"repost":{"id":"1189714454","kind":"news","pubTimestamp":1624440264,"share":"https://ttm.financial/m/news/1189714454?lang=en_US&edition=fundamental","pubTime":"2021-06-23 17:24","market":"us","language":"en","title":"Nike Reports Earnings Thursday. Don’t Expect a Beat.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189714454","media":"Barron's","summary":"When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a b","content":"<p>When&nbsp;Nike&nbsp;reports&nbsp;fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a beat. They’ll also be looking for signs of digital sales growth, improvements in supply chain execution, and, critically, assurance thatgeopolitical risks in China can be contained.</p>\n<p>Nike (ticker: NKE) is expected to report a profit of 51 cents during its fiscal fourth quarter after losing 51 cents during the same quarter one year ago. Sales are expected to rise to $11.08 billion, up from $6.3 billion one year ago.</p>\n<p>Hitting its numbers won’t be the biggest challenge for Nike, however. Back in March, in response to allegations of using forced labor, Nike announced that it would review its supply chain to assess risks related to the Xinjiang Uyghur Autonomous Region. Subsequently, the company released a statement affirming its code of conduct and confirming it “has not found evidence of employment of Uyghurs.” The move prompted widespread calls to boycott the brand in China, and the boycott may have had an impact: A report from Morningstar found that Nike’s Tmall e-commerce storefront experienced sales declines of 59% in April compared with the previous year.</p>\n<p>All of this has added a layer of complexity for investors to consider. China has increasingly become an important part of Nike’s future; between 2015 and 2020, China went from accounting for 11% of revenue up to 19%, and it remains one of the fastest-growing regions, consistently outpacing the company’s global top-line growth rate by twofold. Because of the issue, Nike could take a conservative approach to fiscal 2022 guidance, according to UBS analysts, who also lowered fourth-quarter revenue growth projections in China from 25% to 8%.</p>\n<p>China isn’t the only issue facing Nike. Struggles with supply chain delays hindered Nike’s third-quarter earnings, causing the company to miss out on around $500 million in revenue, according to UBS. And while supply chain execution has likely improved thanks to reduced Covid restrictions, the analysts warned investors to remain cautious about supply chain issues in North America that may continue to pose constraints on sales.</p>\n<p>However, Nike’s third-quarter earnings report still gives reason for investors to remain optimistic heading into fourth-quarter earnings. The company reported year-over-year digital sales growth of 54% on a currency-neutral basis. Investors will be looking to see whether Nike can maintain momentum in digital and direct-to-consumer sales where it is more profitable.</p>\n<p>Of the analysts who cover Nike, 87% rate it a Buy, 10% rate it a Hold, and 3% rate it a Sell with an average price target of $163.68, up 25.9% from Tuesday’s close of $132.39.</p>\n<p>Shares of the sports apparel and equipment company are up 30.72% over the past year compared to a 35.5% gain in theS&amp;P 500index over the same period of time.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike Reports Earnings Thursday. Don’t Expect a Beat.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike Reports Earnings Thursday. Don’t Expect a Beat.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-earnings-preview-51624392988?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a beat. They’ll also be looking for signs of digital sales growth, improvements in supply chain ...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-earnings-preview-51624392988?siteid=yhoof2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKE":"耐克"},"source_url":"https://www.barrons.com/articles/nike-earnings-preview-51624392988?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189714454","content_text":"When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a beat. They’ll also be looking for signs of digital sales growth, improvements in supply chain execution, and, critically, assurance thatgeopolitical risks in China can be contained.\nNike (ticker: NKE) is expected to report a profit of 51 cents during its fiscal fourth quarter after losing 51 cents during the same quarter one year ago. Sales are expected to rise to $11.08 billion, up from $6.3 billion one year ago.\nHitting its numbers won’t be the biggest challenge for Nike, however. Back in March, in response to allegations of using forced labor, Nike announced that it would review its supply chain to assess risks related to the Xinjiang Uyghur Autonomous Region. Subsequently, the company released a statement affirming its code of conduct and confirming it “has not found evidence of employment of Uyghurs.” The move prompted widespread calls to boycott the brand in China, and the boycott may have had an impact: A report from Morningstar found that Nike’s Tmall e-commerce storefront experienced sales declines of 59% in April compared with the previous year.\nAll of this has added a layer of complexity for investors to consider. China has increasingly become an important part of Nike’s future; between 2015 and 2020, China went from accounting for 11% of revenue up to 19%, and it remains one of the fastest-growing regions, consistently outpacing the company’s global top-line growth rate by twofold. Because of the issue, Nike could take a conservative approach to fiscal 2022 guidance, according to UBS analysts, who also lowered fourth-quarter revenue growth projections in China from 25% to 8%.\nChina isn’t the only issue facing Nike. Struggles with supply chain delays hindered Nike’s third-quarter earnings, causing the company to miss out on around $500 million in revenue, according to UBS. And while supply chain execution has likely improved thanks to reduced Covid restrictions, the analysts warned investors to remain cautious about supply chain issues in North America that may continue to pose constraints on sales.\nHowever, Nike’s third-quarter earnings report still gives reason for investors to remain optimistic heading into fourth-quarter earnings. The company reported year-over-year digital sales growth of 54% on a currency-neutral basis. Investors will be looking to see whether Nike can maintain momentum in digital and direct-to-consumer sales where it is more profitable.\nOf the analysts who cover Nike, 87% rate it a Buy, 10% rate it a Hold, and 3% rate it a Sell with an average price target of $163.68, up 25.9% from Tuesday’s close of $132.39.\nShares of the sports apparel and equipment company are up 30.72% over the past year compared to a 35.5% gain in theS&P 500index over the same period of 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help me too. thanks","text":"Pls help me too. thanks","html":"Pls help me too. thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153130386,"gmtCreate":1625012774245,"gmtModify":1703850006330,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153130386","repostId":"2147898422","repostType":4,"isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167025539,"gmtCreate":1624240163721,"gmtModify":1703831256520,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167025539","repostId":"1199419511","repostType":4,"repost":{"id":"1199419511","kind":"news","pubTimestamp":1624236520,"share":"https://ttm.financial/m/news/1199419511?lang=en_US&edition=fundamental","pubTime":"2021-06-21 08:48","market":"us","language":"en","title":"In Good Sign for Global Economy, Korea Exports Post Double-Digit Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=1199419511","media":"Bloomberg","summary":"(Bloomberg) -- South Korea’s exports are set to post double-digit gains in June, offering more evide","content":"<p>(Bloomberg) -- South Korea’s exports are set to post double-digit gains in June, offering more evidence the global economic recovery is gathering pace.</p>\n<p>Exports rose 29.5% in the first 20 days of the month from a year earlier, the customs office reported Monday. Adjusted for calendar effects, average daily shipments increased 33.7% in the period, which had half a business day less compared with last year.</p>\n<p>As vaccinations speed up and lockdowns ease across the world, Korea has seen overseas demand grow beyond memory chips to cars, smartphones and other consumer goods. While the gains were less than the 45.6% jump for the full month of May, the moderation may be largely due to a less favorable base effect while exports can speed up during the remaining days of a month.</p>\n<p>Korea’s trade data offer a timely assessment on the health of global commerce as its manufacturers are positioned widely across supply chains. Export growth may ease going forward if consumers in major economies pivot spending to services from goods as virus restrictions ease.</p>\n<p>The export jump shows Korea’s recovery is well on track, and is likely to bolster views that the Bank of Korea is gearing up for an earlier rate hike than most developed peers. In a report last week, the BOK said U.S. fiscal stimulus, rising global ship sales, and pent-up demand from overseas consumers are likely to buoy exports for the rest of the year.</p>\n<p>Exports to China, South Korea’s largest overseas market, rose 7.9% between June 1-20, compared with a year earlier. Overall semiconductor shipments increased 28.5%.</p>\n<p>Exports to the U.S. rose 41.3%, while shipments to the European Union jumped 48.8% and those to Japan increased 33%.</p>\n<p>Shipments of cars rose 62.2%, while oil products increased 58.6%. Sales of wireless communications devices rose 15.8%. Ship exports fell 27.7%.</p>\n<p>South Korea’s overall imports rose 29.1% in the first 20 days of June.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>In Good Sign for Global Economy, Korea Exports Post Double-Digit Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIn Good Sign for Global Economy, Korea Exports Post Double-Digit Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 08:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/good-sign-global-economy-korea-001709604.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- South Korea’s exports are set to post double-digit gains in June, offering more evidence the global economic recovery is gathering pace.\nExports rose 29.5% in the first 20 days of the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/good-sign-global-economy-korea-001709604.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EWY":"韩国ETF-iShares MSCI"},"source_url":"https://finance.yahoo.com/news/good-sign-global-economy-korea-001709604.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199419511","content_text":"(Bloomberg) -- South Korea’s exports are set to post double-digit gains in June, offering more evidence the global economic recovery is gathering pace.\nExports rose 29.5% in the first 20 days of the month from a year earlier, the customs office reported Monday. Adjusted for calendar effects, average daily shipments increased 33.7% in the period, which had half a business day less compared with last year.\nAs vaccinations speed up and lockdowns ease across the world, Korea has seen overseas demand grow beyond memory chips to cars, smartphones and other consumer goods. While the gains were less than the 45.6% jump for the full month of May, the moderation may be largely due to a less favorable base effect while exports can speed up during the remaining days of a month.\nKorea’s trade data offer a timely assessment on the health of global commerce as its manufacturers are positioned widely across supply chains. Export growth may ease going forward if consumers in major economies pivot spending to services from goods as virus restrictions ease.\nThe export jump shows Korea’s recovery is well on track, and is likely to bolster views that the Bank of Korea is gearing up for an earlier rate hike than most developed peers. In a report last week, the BOK said U.S. fiscal stimulus, rising global ship sales, and pent-up demand from overseas consumers are likely to buoy exports for the rest of the year.\nExports to China, South Korea’s largest overseas market, rose 7.9% between June 1-20, compared with a year earlier. Overall semiconductor shipments increased 28.5%.\nExports to the U.S. rose 41.3%, while shipments to the European Union jumped 48.8% and those to Japan increased 33%.\nShipments of cars rose 62.2%, while oil products increased 58.6%. Sales of wireless communications devices rose 15.8%. Ship exports fell 27.7%.\nSouth Korea’s overall imports rose 29.1% in the first 20 days of June.","news_type":1,"symbols_score_info":{"EWY":0.9}},"isVote":1,"tweetType":1,"viewCount":746,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169963281,"gmtCreate":1623812880143,"gmtModify":1703820268395,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Like and comment please.","listText":"Like and comment please.","text":"Like and comment please.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/169963281","repostId":"2143680537","repostType":4,"repost":{"id":"2143680537","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623797252,"share":"https://ttm.financial/m/news/2143680537?lang=en_US&edition=fundamental","pubTime":"2021-06-16 06:47","market":"us","language":"en","title":"Wall Street ends down as data spooks investors awaiting Fed report","url":"https://stock-news.laohu8.com/highlight/detail?id=2143680537","media":"Reuters","summary":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wedn","content":"<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends down as data spooks investors awaiting Fed report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends down as data spooks investors awaiting Fed report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-16 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.</p>\n<p>Assurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.</p>\n<p>Data showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.</p>\n<p>“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.</p>\n<p>“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”</p>\n<p>The Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.</p>\n<p>The benchmark S&amp;P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.</p>\n<p>However, the S&amp;P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.</p>\n<p>The Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&amp;P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.</p>\n<p>Seven of the 11 major S&amp;P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.</p>\n<p>The largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]</p>\n<p>In corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.</p>\n<p>Having slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.</p>\n<p>Volume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SDOW":"三倍做空道指30ETF-ProShares","OEF":"标普100指数ETF-iShares","TQQQ":"纳指三倍做多ETF","DOG":"道指ETF-ProShares做空","QID":"两倍做空纳斯达克指数ETF-ProShares","SDS":"两倍做空标普500 ETF-ProShares",".DJI":"道琼斯","OEX":"标普100","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","UDOW":"三倍做多道指30ETF-ProShares","DJX":"1/100道琼斯",".SPX":"S&P 500 Index","UPRO":"三倍做多标普500ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares","IVV":"标普500ETF-iShares","SSO":"2倍做多标普500ETF-ProShares","BA":"波音","QLD":"2倍做多纳斯达克100指数ETF-ProShares","DXD":"两倍做空道琼30指数ETF-ProShares","DDM":"2倍做多道指ETF-ProShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143680537","content_text":"Wall Street’s main indices closed lower on Tuesday as data showing stronger inflation and weaker U.S. retail sales in May spooked already-jittery investors awaiting the results of the Federal Reserve’s latest policy meeting.\nAssurance from the Fed that rising prices are transitory and falling U.S. Treasury yields have helped ease some concerns over inflation and supported U.S. stocks in recent weeks. All eyes are now on the central bank’s statement at the end of its two-day policy meeting on Wednesday.\nData showed an acceleration in producer prices last month as supply chains struggled to meet demand unleashed by the reopening of the economy. A separate report showed U.S. retail sales dropped more than expected in May.\n“There was a bit of a reaction to the economic data we got, which, for the most part, shows that the economy is starting to wean itself off stimulus, the recovery is slowing down a little, and inflation is continuing to grow,” said Ed Moya, senior market analyst for the Americas at OANDA.\n“We’re seeing some very modest weakness, and it’ll be choppy leading up to the Fed decision. Right now, the Fed is probably in a position to show they are thinking about tapering, but they’re still a long way from actually doing it.”\nThe Fed is likely to announce in August or September a strategy for reducing its massive bond buying program, but will not start cutting monthly purchases until early next year, a Reuters poll of economists found.\nThe benchmark S&P 500, the blue-chip Dow Jones and the tech-focused Nasdaq have risen 13%, 12.1% and 9.2% respectively so far this year, largely driven by optimism about an economic reopening.\nHowever, the S&P 500 has been broadly stuck within a range, despite recording its 29th record-high finish of 2021 on Monday, versus 33 for all of last year.\nThe Dow Jones Industrial Average fell 94.42 points, or 0.27%, to 34,299.33, the S&P 500 lost 8.56 points, or 0.20%, to 4,246.59 and the Nasdaq Composite dropped 101.29 points, or 0.71%, to 14,072.86.\nSeven of the 11 major S&P sectors slipped. Among them was communication services, which ended 0.5% lower, having hit a record intraday high earlier in the session.\nThe largest gainer was the energy index, which rose 2.1% on oil prices hitting multi-year highs on a positive demand outlook. Exxon Mobil Corp had its best day since Mar. 5, jumping 3.6%. [O/R]\nIn corporate news, Boeing Co gained 0.6% after the United States and the European Union agreed on a truce in their 17-year conflict over aircraft subsidies involving the planemaker and its rival Airbus.\nHaving slumped 19% on Monday, Lordstown Motors Corp shares rebounded 11.3% after comments from the electric truck manufacturer’s president on orders.\nVolume on U.S. exchanges was 9.98 billion shares, compared with the 10.58 billion average over the last 20 trading days.\nThe S&P 500 posted 36 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 87 new highs and 21 new lows.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"MNQmain":0.9,"SH":0.9,"SDOW":0.9,".DJI":0.9,"BA":0.9,"DXD":0.9,"TQQQ":0.9,"DDM":0.9,"QQQ":0.9,".IXIC":0.9,"IVV":0.9,"SDS":0.9,"QID":0.9,"SQQQ":0.9,".SPX":0.9,"DOG":0.9,"UDOW":0.9,"PSQ":0.9,"DJX":0.9,"QLD":0.9,"NQmain":0.9,"SPXU":0.9,"OEX":0.9,"OEF":0.9,"ESmain":0.9,"SSO":0.9,"UPRO":0.9}},"isVote":1,"tweetType":1,"viewCount":566,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565954513972782","authorId":"3565954513972782","name":"Coo24","avatar":"https://static.tigerbbs.com/8f9f40c3988dd98ed506a29a2b844507","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3565954513972782","idStr":"3565954513972782"},"content":"ComMent back Thanks","text":"ComMent back Thanks","html":"ComMent back Thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":149881229,"gmtCreate":1625714550261,"gmtModify":1703746979989,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/149881229","repostId":"1193960545","repostType":2,"repost":{"id":"1193960545","kind":"news","pubTimestamp":1625699849,"share":"https://ttm.financial/m/news/1193960545?lang=en_US&edition=fundamental","pubTime":"2021-07-08 07:17","market":"us","language":"en","title":"S&P 500, Nasdaq post record closing highs after Fed minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=1193960545","media":"Reuters","summary":"Fed keen to be \"well positioned\" to act on inflation - minutes\nDow up 0.3%, S&P 500 up 0.3%, Nasdaq ","content":"<ul>\n <li>Fed keen to be \"well positioned\" to act on inflation - minutes</li>\n <li>Dow up 0.3%, S&amp;P 500 up 0.3%, Nasdaq up 0.01%</li>\n</ul>\n<p>NEW YORK, July 7 (Reuters) - U.S. stocks ended higher on Wednesday and the S&amp;P 500 and Nasdaq notched record closing highs after minutes from the last Federal Reserve meeting indicated officials may not be ready yet to move on tightening policy.</p>\n<p>According to the minutes of the U.S. central bank's June policy meeting, Fed officials felt substantial further progress on the economic recovery \"was generally seen as not having yet been met,\" but agreed they should be poised to act if inflation or other risks materialized.</p>\n<p>\"I read this as effectively a dovish set of notes simply because they don't feel as a group that they have enough certainty around the situation to make any changes at all,\" said Brad McMillan, chief investment officer at Commonwealth Financial Network in Waltham, Massachusetts.</p>\n<p>Treasury yields edged lower following the Fed minutes, while stocks mostly edged higher.</p>\n<p>The minutes reflected a divided Fed wrestling with new inflation risks but still relatively high unemployment.</p>\n<p>After its meeting and statement last month, investors began to anticipate the Fed would move more quickly to tighten than previously expected.</p>\n<p>Wall Street has been concerned about inflation, with investors moving between economy-linked value stocks and growth names in the past few sessions.</p>\n<p>Both growth(.RLG)and value stocks(.RLV)gained on Wednesday, while industrials(.SPLRCI)and materials(.SPLRCM)led S&amp;P 500 sector gains.</p>\n<p>The Dow Jones Industrial Average(.DJI)rose 104.42 points, or 0.3%, to 34,681.79, the S&amp;P 500(.SPX)gained 14.59 points, or 0.34%, to 4,358.13 and the Nasdaq Composite(.IXIC)added 1.42 points, or 0.01%, to 14,665.06.<img src=\"https://static.tigerbbs.com/b82724f48859f601746f387b53e8bf71\" tg-width=\"958\" tg-height=\"720\" referrerpolicy=\"no-referrer\">China's market regulator said it has fined a number of internet companies including Didi Global(DIDI.N), Tencent(0700.HK)and Alibaba(9988.HK)for failing to report earlier merger and acquisition deals for approval.read more</p>\n<p>U.S.-listed shares of Didi fell 4.6%, adding to a nearly 20% slump on Tuesday.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.92-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 71 new 52-week highs and no new lows; the Nasdaq Composite recorded 84 new highs and 121 new lows.</p>\n<p>Volume on U.S. exchanges was 10.04 billion shares, compared with the 10.7 billion average for the full session over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500, Nasdaq post record closing highs after Fed minutes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500, Nasdaq post record closing highs after Fed minutes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/sp-500-nasdaq-post-record-closing-highs-after-fed-minutes-2021-07-07/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fed keen to be \"well positioned\" to act on inflation - minutes\nDow up 0.3%, S&P 500 up 0.3%, Nasdaq up 0.01%\n\nNEW YORK, July 7 (Reuters) - U.S. stocks ended higher on Wednesday and the S&P 500 and ...</p>\n\n<a href=\"https://www.reuters.com/business/sp-500-nasdaq-post-record-closing-highs-after-fed-minutes-2021-07-07/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","OEX":"标普100",".SPX":"S&P 500 Index","TQQQ":"纳指三倍做多ETF","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF","SDS":"两倍做空标普500 ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares","NDAQ":"纳斯达克OMX交易所","PSQ":"做空纳斯达克100指数ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares",".IXIC":"NASDAQ Composite","IVV":"标普500ETF-iShares","SPXU":"三倍做空标普500ETF-ProShares","SH":"做空标普500-Proshares","SPY":"标普500ETF"},"source_url":"https://www.reuters.com/business/sp-500-nasdaq-post-record-closing-highs-after-fed-minutes-2021-07-07/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193960545","content_text":"Fed keen to be \"well positioned\" to act on inflation - minutes\nDow up 0.3%, S&P 500 up 0.3%, Nasdaq up 0.01%\n\nNEW YORK, July 7 (Reuters) - U.S. stocks ended higher on Wednesday and the S&P 500 and Nasdaq notched record closing highs after minutes from the last Federal Reserve meeting indicated officials may not be ready yet to move on tightening policy.\nAccording to the minutes of the U.S. central bank's June policy meeting, Fed officials felt substantial further progress on the economic recovery \"was generally seen as not having yet been met,\" but agreed they should be poised to act if inflation or other risks materialized.\n\"I read this as effectively a dovish set of notes simply because they don't feel as a group that they have enough certainty around the situation to make any changes at all,\" said Brad McMillan, chief investment officer at Commonwealth Financial Network in Waltham, Massachusetts.\nTreasury yields edged lower following the Fed minutes, while stocks mostly edged higher.\nThe minutes reflected a divided Fed wrestling with new inflation risks but still relatively high unemployment.\nAfter its meeting and statement last month, investors began to anticipate the Fed would move more quickly to tighten than previously expected.\nWall Street has been concerned about inflation, with investors moving between economy-linked value stocks and growth names in the past few sessions.\nBoth growth(.RLG)and value stocks(.RLV)gained on Wednesday, while industrials(.SPLRCI)and materials(.SPLRCM)led S&P 500 sector gains.\nThe Dow Jones Industrial Average(.DJI)rose 104.42 points, or 0.3%, to 34,681.79, the S&P 500(.SPX)gained 14.59 points, or 0.34%, to 4,358.13 and the Nasdaq Composite(.IXIC)added 1.42 points, or 0.01%, to 14,665.06.China's market regulator said it has fined a number of internet companies including Didi Global(DIDI.N), Tencent(0700.HK)and Alibaba(9988.HK)for failing to report earlier merger and acquisition deals for approval.read more\nU.S.-listed shares of Didi fell 4.6%, adding to a nearly 20% slump on Tuesday.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.02-to-1 ratio; on Nasdaq, a 1.92-to-1 ratio favored decliners.\nThe S&P 500 posted 71 new 52-week highs and no new lows; the Nasdaq Composite recorded 84 new highs and 121 new lows.\nVolume on U.S. exchanges was 10.04 billion shares, compared with the 10.7 billion average for the full session over the last 20 trading days.","news_type":1,"symbols_score_info":{"161125":0.9,"SPXU":0.9,"QID":0.9,"OEX":0.9,".SPX":0.9,"SH":0.9,".IXIC":0.9,"TQQQ":0.9,"PSQ":0.9,"IVV":0.9,"QQQ":0.9,"OEF":0.9,"NDAQ":0.9,"SDS":0.9,"SPY":0.9,"NQmain":0.9,"ESmain":0.9,"MNQmain":0.9,"SSO":0.9,"UPRO":0.9}},"isVote":1,"tweetType":1,"viewCount":2077,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153139178,"gmtCreate":1625012820394,"gmtModify":1703850007963,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/153139178","repostId":"1176223224","repostType":4,"isVote":1,"tweetType":1,"viewCount":2412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153130789,"gmtCreate":1625012794441,"gmtModify":1703850007474,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153130789","repostId":"2147898720","repostType":4,"isVote":1,"tweetType":1,"viewCount":3153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167022768,"gmtCreate":1624240142854,"gmtModify":1703831255674,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Nice!","listText":"Nice!","text":"Nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167022768","repostId":"2145707918","repostType":4,"repost":{"id":"2145707918","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624239341,"share":"https://ttm.financial/m/news/2145707918?lang=en_US&edition=fundamental","pubTime":"2021-06-21 09:35","market":"hk","language":"en","title":"China keeps lending benchmark rate unchanged for 14th straight month","url":"https://stock-news.laohu8.com/highlight/detail?id=2145707918","media":"Reuters","summary":"SHANGHAI, June 21 (Reuters) - China kept its benchmark lending rate for corporate and household loan","content":"<p>SHANGHAI, June 21 (Reuters) - China kept its benchmark lending rate for corporate and household loans unchanged for the 14th straight month at its June fixing on Monday, in line with market expectations.</p>\n<p>The <a href=\"https://laohu8.com/S/AONE\">one</a>-year loan prime rate (LPR) was kept at 3.85%. The five-year LPR remained at 4.65%.</p>\n<p>Twenty-two traders and analysts, or 79% of all 28 participants, in a snap Reuters poll last week predicted no change in either rate.</p>\n<p>Most new and outstanding loans in China are based on the <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year LPR. The five-year rate influences the pricing of mortgages.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China keeps lending benchmark rate unchanged for 14th straight month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina keeps lending benchmark rate unchanged for 14th straight month\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-21 09:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, June 21 (Reuters) - China kept its benchmark lending rate for corporate and household loans unchanged for the 14th straight month at its June fixing on Monday, in line with market expectations.</p>\n<p>The <a href=\"https://laohu8.com/S/AONE\">one</a>-year loan prime rate (LPR) was kept at 3.85%. The five-year LPR remained at 4.65%.</p>\n<p>Twenty-two traders and analysts, or 79% of all 28 participants, in a snap Reuters poll last week predicted no change in either rate.</p>\n<p>Most new and outstanding loans in China are based on the <a href=\"https://laohu8.com/S/AONE.U\">one</a>-year LPR. The five-year rate influences the pricing of mortgages.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145707918","content_text":"SHANGHAI, June 21 (Reuters) - China kept its benchmark lending rate for corporate and household loans unchanged for the 14th straight month at its June fixing on Monday, in line with market expectations.\nThe one-year loan prime rate (LPR) was kept at 3.85%. The five-year LPR remained at 4.65%.\nTwenty-two traders and analysts, or 79% of all 28 participants, in a snap Reuters poll last week predicted no change in either rate.\nMost new and outstanding loans in China are based on the one-year LPR. The five-year rate influences the pricing of mortgages.","news_type":1,"symbols_score_info":{"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126285059,"gmtCreate":1624575661771,"gmtModify":1703840531459,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126285059","repostId":"1189714454","repostType":4,"repost":{"id":"1189714454","kind":"news","pubTimestamp":1624440264,"share":"https://ttm.financial/m/news/1189714454?lang=en_US&edition=fundamental","pubTime":"2021-06-23 17:24","market":"us","language":"en","title":"Nike Reports Earnings Thursday. Don’t Expect a Beat.","url":"https://stock-news.laohu8.com/highlight/detail?id=1189714454","media":"Barron's","summary":"When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a b","content":"<p>When&nbsp;Nike&nbsp;reports&nbsp;fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a beat. They’ll also be looking for signs of digital sales growth, improvements in supply chain execution, and, critically, assurance thatgeopolitical risks in China can be contained.</p>\n<p>Nike (ticker: NKE) is expected to report a profit of 51 cents during its fiscal fourth quarter after losing 51 cents during the same quarter one year ago. Sales are expected to rise to $11.08 billion, up from $6.3 billion one year ago.</p>\n<p>Hitting its numbers won’t be the biggest challenge for Nike, however. Back in March, in response to allegations of using forced labor, Nike announced that it would review its supply chain to assess risks related to the Xinjiang Uyghur Autonomous Region. Subsequently, the company released a statement affirming its code of conduct and confirming it “has not found evidence of employment of Uyghurs.” The move prompted widespread calls to boycott the brand in China, and the boycott may have had an impact: A report from Morningstar found that Nike’s Tmall e-commerce storefront experienced sales declines of 59% in April compared with the previous year.</p>\n<p>All of this has added a layer of complexity for investors to consider. China has increasingly become an important part of Nike’s future; between 2015 and 2020, China went from accounting for 11% of revenue up to 19%, and it remains one of the fastest-growing regions, consistently outpacing the company’s global top-line growth rate by twofold. Because of the issue, Nike could take a conservative approach to fiscal 2022 guidance, according to UBS analysts, who also lowered fourth-quarter revenue growth projections in China from 25% to 8%.</p>\n<p>China isn’t the only issue facing Nike. Struggles with supply chain delays hindered Nike’s third-quarter earnings, causing the company to miss out on around $500 million in revenue, according to UBS. And while supply chain execution has likely improved thanks to reduced Covid restrictions, the analysts warned investors to remain cautious about supply chain issues in North America that may continue to pose constraints on sales.</p>\n<p>However, Nike’s third-quarter earnings report still gives reason for investors to remain optimistic heading into fourth-quarter earnings. The company reported year-over-year digital sales growth of 54% on a currency-neutral basis. Investors will be looking to see whether Nike can maintain momentum in digital and direct-to-consumer sales where it is more profitable.</p>\n<p>Of the analysts who cover Nike, 87% rate it a Buy, 10% rate it a Hold, and 3% rate it a Sell with an average price target of $163.68, up 25.9% from Tuesday’s close of $132.39.</p>\n<p>Shares of the sports apparel and equipment company are up 30.72% over the past year compared to a 35.5% gain in theS&amp;P 500index over the same period of time.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike Reports Earnings Thursday. Don’t Expect a Beat.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike Reports Earnings Thursday. Don’t Expect a Beat.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-earnings-preview-51624392988?siteid=yhoof2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a beat. They’ll also be looking for signs of digital sales growth, improvements in supply chain ...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-earnings-preview-51624392988?siteid=yhoof2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKE":"耐克"},"source_url":"https://www.barrons.com/articles/nike-earnings-preview-51624392988?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189714454","content_text":"When Nike reports fiscal fourth-quarter earningson Thursday, investors won’t just be looking for a beat. They’ll also be looking for signs of digital sales growth, improvements in supply chain execution, and, critically, assurance thatgeopolitical risks in China can be contained.\nNike (ticker: NKE) is expected to report a profit of 51 cents during its fiscal fourth quarter after losing 51 cents during the same quarter one year ago. Sales are expected to rise to $11.08 billion, up from $6.3 billion one year ago.\nHitting its numbers won’t be the biggest challenge for Nike, however. Back in March, in response to allegations of using forced labor, Nike announced that it would review its supply chain to assess risks related to the Xinjiang Uyghur Autonomous Region. Subsequently, the company released a statement affirming its code of conduct and confirming it “has not found evidence of employment of Uyghurs.” The move prompted widespread calls to boycott the brand in China, and the boycott may have had an impact: A report from Morningstar found that Nike’s Tmall e-commerce storefront experienced sales declines of 59% in April compared with the previous year.\nAll of this has added a layer of complexity for investors to consider. China has increasingly become an important part of Nike’s future; between 2015 and 2020, China went from accounting for 11% of revenue up to 19%, and it remains one of the fastest-growing regions, consistently outpacing the company’s global top-line growth rate by twofold. Because of the issue, Nike could take a conservative approach to fiscal 2022 guidance, according to UBS analysts, who also lowered fourth-quarter revenue growth projections in China from 25% to 8%.\nChina isn’t the only issue facing Nike. Struggles with supply chain delays hindered Nike’s third-quarter earnings, causing the company to miss out on around $500 million in revenue, according to UBS. And while supply chain execution has likely improved thanks to reduced Covid restrictions, the analysts warned investors to remain cautious about supply chain issues in North America that may continue to pose constraints on sales.\nHowever, Nike’s third-quarter earnings report still gives reason for investors to remain optimistic heading into fourth-quarter earnings. The company reported year-over-year digital sales growth of 54% on a currency-neutral basis. Investors will be looking to see whether Nike can maintain momentum in digital and direct-to-consumer sales where it is more profitable.\nOf the analysts who cover Nike, 87% rate it a Buy, 10% rate it a Hold, and 3% rate it a Sell with an average price target of $163.68, up 25.9% from Tuesday’s close of $132.39.\nShares of the sports apparel and equipment company are up 30.72% over the past year compared to a 35.5% gain in theS&P 500index over the same period of time.","news_type":1,"symbols_score_info":{"NKE":0.9}},"isVote":1,"tweetType":1,"viewCount":635,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120868751,"gmtCreate":1624319153373,"gmtModify":1703833193817,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120868751","repostId":"1191349655","repostType":4,"repost":{"id":"1191349655","kind":"news","pubTimestamp":1624316842,"share":"https://ttm.financial/m/news/1191349655?lang=en_US&edition=fundamental","pubTime":"2021-06-22 07:07","market":"us","language":"en","title":"Wall Street ends sharply higher, led by surging Dow","url":"https://stock-news.laohu8.com/highlight/detail?id=1191349655","media":"Reuters","summary":"(Reuters) - Wall Street rallied on Monday, with the Dow completing its strongest session in over thr","content":"<p>(Reuters) - Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back in to energy and other sectors expected to outperform as the economy rebounds from the pandemic.</p>\n<p>The small-cap Russell 2000 and the Dow Jones Transports Average, considered a barometer of economic health, both jumped about 2%.</p>\n<p>The S&amp;P 500 value index, which includes banks, energy and other economically sensitive sectors and has led gains in U.S. equities so far this year, surged 1.9%, outperforming a 0.9% rise in the growth index.</p>\n<p>That was a stark reversal from last week, when the Fed’s hawkish signals on monetary policy sparked a round of profit taking that wiped out value stocks’ lead over growth this month and triggered the worst weekly performance for the Dow and the S&amp;P 500 in months.</p>\n<p>“The overall theme here is the market still does not know whether it wants easy money or tight money and it’s in a tug of war,” said Randy Frederick, vice president of trading and derivatives at Charles Schwab.</p>\n<p>All 11 S&amp;P 500 sector indexes rose, with energy jumping 4.3% and leading the way, followed by financials, up 2.4%.</p>\n<p>Microsoft Corp rose 1.2% to close at an all-time high.</p>\n<p>The S&amp;P 500 has traded in a tight range this month as investors juggled fears of an overheating economy with optimism about a strong economic rebound.</p>\n<p>(Graphic: Value vs Growth stocks, )</p>\n<p><img src=\"https://static.tigerbbs.com/cef3457ef1409a02e910dfc35591b8dc\" tg-width=\"963\" tg-height=\"726\" referrerpolicy=\"no-referrer\"></p>\n<p>Focus this week will be on U.S. factory activity surveys and home sales data, while Fed Chair Jerome Powell testifies before Congress on Tuesday.</p>\n<p>The Dow Jones Industrial Average rose 1.76% to end at 33,876.97 points, while the S&amp;P 500 gained 1.40% to 4,224.79. The Nasdaq Composite climbed 0.79% to 14,141.48.</p>\n<p>Cryptocurrency stocks, including miners Riot Blockchain, Marathon Patent Group and crypto exchange Coinbase Global, tumbled between 1% and 4% on China’s expanding crackdown on bitcoin mining.</p>\n<p>Moderna Inc rallied 4.5% after a report said the drugmaker is adding two new production lines at a COVID-19 vaccine manufacturing plant, in a bid to prepare for making more booster shots.</p>\n<p>Market participants are girding for a major trading event on Friday, when the FTSE Russell completes the annual rebalancing of its indexes, potentially affecting trillions of dollars in investments.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.86-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 74 new highs and 55 new lows.</p>\n<p>Volume on U.S. exchanges was 10.1 billion shares, compared with the 11 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street ends sharply higher, led by surging Dow</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street ends sharply higher, led by surging Dow\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 07:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/wall-street-ends-sharply-higher-led-by-surging-dow-idUSKCN2DX12Z><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back in to energy and other sectors expected to outperform as the ...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/wall-street-ends-sharply-higher-led-by-surging-dow-idUSKCN2DX12Z\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.reuters.com/article/us-usa-stocks/wall-street-ends-sharply-higher-led-by-surging-dow-idUSKCN2DX12Z","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191349655","content_text":"(Reuters) - Wall Street rallied on Monday, with the Dow completing its strongest session in over three months as investors piled back in to energy and other sectors expected to outperform as the economy rebounds from the pandemic.\nThe small-cap Russell 2000 and the Dow Jones Transports Average, considered a barometer of economic health, both jumped about 2%.\nThe S&P 500 value index, which includes banks, energy and other economically sensitive sectors and has led gains in U.S. equities so far this year, surged 1.9%, outperforming a 0.9% rise in the growth index.\nThat was a stark reversal from last week, when the Fed’s hawkish signals on monetary policy sparked a round of profit taking that wiped out value stocks’ lead over growth this month and triggered the worst weekly performance for the Dow and the S&P 500 in months.\n“The overall theme here is the market still does not know whether it wants easy money or tight money and it’s in a tug of war,” said Randy Frederick, vice president of trading and derivatives at Charles Schwab.\nAll 11 S&P 500 sector indexes rose, with energy jumping 4.3% and leading the way, followed by financials, up 2.4%.\nMicrosoft Corp rose 1.2% to close at an all-time high.\nThe S&P 500 has traded in a tight range this month as investors juggled fears of an overheating economy with optimism about a strong economic rebound.\n(Graphic: Value vs Growth stocks, )\n\nFocus this week will be on U.S. factory activity surveys and home sales data, while Fed Chair Jerome Powell testifies before Congress on Tuesday.\nThe Dow Jones Industrial Average rose 1.76% to end at 33,876.97 points, while the S&P 500 gained 1.40% to 4,224.79. The Nasdaq Composite climbed 0.79% to 14,141.48.\nCryptocurrency stocks, including miners Riot Blockchain, Marathon Patent Group and crypto exchange Coinbase Global, tumbled between 1% and 4% on China’s expanding crackdown on bitcoin mining.\nModerna Inc rallied 4.5% after a report said the drugmaker is adding two new production lines at a COVID-19 vaccine manufacturing plant, in a bid to prepare for making more booster shots.\nMarket participants are girding for a major trading event on Friday, when the FTSE Russell completes the annual rebalancing of its indexes, potentially affecting trillions of dollars in investments.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.86-to-1 ratio; on Nasdaq, a 1.44-to-1 ratio favored advancers.\nThe S&P 500 posted 20 new 52-week highs and no new lows; the Nasdaq Composite recorded 74 new highs and 55 new lows.\nVolume on U.S. exchanges was 10.1 billion shares, compared with the 11 billion average over the last 20 trading days.","news_type":1,"symbols_score_info":{"MSFT":0.9,".IXIC":0.9,".SPX":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":799,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167050170,"gmtCreate":1624240248690,"gmtModify":1703831260450,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/167050170","repostId":"1154249454","repostType":4,"repost":{"id":"1154249454","kind":"news","pubTimestamp":1624230573,"share":"https://ttm.financial/m/news/1154249454?lang=en_US&edition=fundamental","pubTime":"2021-06-21 07:09","market":"us","language":"en","title":"Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1154249454","media":"barrons","summary":"A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will r","content":"<p>A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from&nbsp;Johnson &amp;&nbsp;Johnson,&nbsp;GlaxoSmithKline,and&nbsp;Equinix.</p>\n<p>Economic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will release the durable-goods report for May on Thursday. Orders—often seen as a decent proxy for business investment—are expected to rise 3.3% month over month.</p>\n<p>And on Friday, the Bureau of Economic Analysis will report personal income and consumption for May. Spending is forecast to continue rising despite a drop off in income as stimulus checks finished being sent out in April.</p>\n<p>Monday 6/21</p>\n<p><b>The Federal Reserve Bank</b>of Chicago releases its National Activity index, a gauge of overall economic activity, for May. Expectations are for a 0.50 reading, higher than April’s 0.24 figure. A positive reading indicates economic growth that is above historical trends.</p>\n<p>Tuesday 6/22</p>\n<p><b>The National Association</b>of Realtors reports existing-home sales for May. Economists forecast a seasonally adjusted annual rate of 5.7 million homes sold, about 150,000 fewer than the April data. Existing-home sales have fallen for three consecutive months, as supply hasn’t been able to keep up with demand.</p>\n<p>Wednesday 6/23</p>\n<p>Equinix hosts its 2021 analyst day, when the company will update its long-term financial outlook.</p>\n<p>GlaxoSmithKline hosts a conference call, featuring its CEO, Emma Walmsley, to update investors on the company’s strategy for growth and shareholder value creation.</p>\n<p>Johnson &amp; Johnson hosts a webcast to discuss its ESG strategy.</p>\n<p><b>The Census Bureau</b>reports new residential construction data for May. Consensus estimate is for a seasonally adjusted annual rate of 875,000 new single-family homes sold, slightly higher than April’s 863,000. Similar to existing-home sales, new-home sales have fallen from their recent peak of 993,000 in January of this year.</p>\n<p><b>IHS Markitreports</b>both its Manufacturing and Services Purchasing Managers’ indexes for June. Expectations are for a 61.5 reading for the Manufacturing PMI, and a 69.8 figure for the Services PMI. Both projections are comparable to the May data as well as being near record highs for their respective indexes.</p>\n<p>Thursday 6/24</p>\n<p><b>The Bureau of Economic Analysis</b>reports the third and final estimate of first-quarter gross-domestic-product growth. Economists forecast a seasonally adjusted annual growth rate of 6.4%.</p>\n<p>Accenture,Darden Restaurants, FedEx, and Nike hold conference calls to discuss quarterly results.</p>\n<p><b>The Bank of England</b>announces its monetary-policy decision. The central bank is widely expected to keep its key interest rate at 0.1%.</p>\n<p><b>The Census Bureau</b>releases the durable-goods report for May. The consensus call is for new orders of manufactured goods to rise 2.8% month over month to $253 billion. Excluding transportation, new orders are projected at 1%, matching the April data.</p>\n<p>Friday 6/25</p>\n<p>CarMax and Paychex report earnings.</p>\n<p><b>The BEA reports</b>personal income and consumption for May. Income is expected to fall 3% month over month, after plummeting 13.1% in April. This reflects a dropoff in stimulus checks that first were sent out in March. Spending is seen rising 0.5%, comparable to the April data.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNike, FedEx, Johnson & Johnson, Darden, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 07:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nike-fedex-johnson-johnson-darden-and-other-stocks-for-investors-to-watch-this-week-51624215603?mod=hp_LEAD_3><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. ...</p>\n\n<a href=\"https://www.barrons.com/articles/nike-fedex-johnson-johnson-darden-and-other-stocks-for-investors-to-watch-this-week-51624215603?mod=hp_LEAD_3\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FDX":"联邦快递","NKE":"耐克","JNJ":"强生","DRI":"达登饭店"},"source_url":"https://www.barrons.com/articles/nike-fedex-johnson-johnson-darden-and-other-stocks-for-investors-to-watch-this-week-51624215603?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154249454","content_text":"A handful of notable companies will release their latest results toward the end of this week.Nike,FedEx,andDarden Restaurantswill report on Thursday, followed by CarMax and Paychex on Friday. Wednesday will also feature analyst days and investor events from Johnson & Johnson, GlaxoSmithKline,and Equinix.\nEconomic data out this week include IHS’ Manufacturing and Services Purchasing Managers’ Indexes for June on Wednesday. Both are expected to hold near their record highs. The Census Bureau will release the durable-goods report for May on Thursday. Orders—often seen as a decent proxy for business investment—are expected to rise 3.3% month over month.\nAnd on Friday, the Bureau of Economic Analysis will report personal income and consumption for May. Spending is forecast to continue rising despite a drop off in income as stimulus checks finished being sent out in April.\nMonday 6/21\nThe Federal Reserve Bankof Chicago releases its National Activity index, a gauge of overall economic activity, for May. Expectations are for a 0.50 reading, higher than April’s 0.24 figure. A positive reading indicates economic growth that is above historical trends.\nTuesday 6/22\nThe National Associationof Realtors reports existing-home sales for May. Economists forecast a seasonally adjusted annual rate of 5.7 million homes sold, about 150,000 fewer than the April data. Existing-home sales have fallen for three consecutive months, as supply hasn’t been able to keep up with demand.\nWednesday 6/23\nEquinix hosts its 2021 analyst day, when the company will update its long-term financial outlook.\nGlaxoSmithKline hosts a conference call, featuring its CEO, Emma Walmsley, to update investors on the company’s strategy for growth and shareholder value creation.\nJohnson & Johnson hosts a webcast to discuss its ESG strategy.\nThe Census Bureaureports new residential construction data for May. Consensus estimate is for a seasonally adjusted annual rate of 875,000 new single-family homes sold, slightly higher than April’s 863,000. Similar to existing-home sales, new-home sales have fallen from their recent peak of 993,000 in January of this year.\nIHS Markitreportsboth its Manufacturing and Services Purchasing Managers’ indexes for June. Expectations are for a 61.5 reading for the Manufacturing PMI, and a 69.8 figure for the Services PMI. Both projections are comparable to the May data as well as being near record highs for their respective indexes.\nThursday 6/24\nThe Bureau of Economic Analysisreports the third and final estimate of first-quarter gross-domestic-product growth. Economists forecast a seasonally adjusted annual growth rate of 6.4%.\nAccenture,Darden Restaurants, FedEx, and Nike hold conference calls to discuss quarterly results.\nThe Bank of Englandannounces its monetary-policy decision. The central bank is widely expected to keep its key interest rate at 0.1%.\nThe Census Bureaureleases the durable-goods report for May. The consensus call is for new orders of manufactured goods to rise 2.8% month over month to $253 billion. Excluding transportation, new orders are projected at 1%, matching the April data.\nFriday 6/25\nCarMax and Paychex report earnings.\nThe BEA reportspersonal income and consumption for May. Income is expected to fall 3% month over month, after plummeting 13.1% in April. This reflects a dropoff in stimulus checks that first were sent out in March. Spending is seen rising 0.5%, comparable to the April data.","news_type":1,"symbols_score_info":{"NKE":0.9,"DRI":0.9,"JNJ":0.9,"FDX":0.9}},"isVote":1,"tweetType":1,"viewCount":898,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375191643,"gmtCreate":1619313764882,"gmtModify":1704722274092,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Yes please!","listText":"Yes please!","text":"Yes 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09:22","market":"us","language":"en","title":"Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408410","media":"benzinga","summary":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,","content":"<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta 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left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408410","content_text":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss: More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.\nCrazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.\nBut the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,Eddie Antar.\nAn Audacious Start:Eddie Antar was born in Brooklyn, New York, on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.\nBy 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.\nAt the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.\nSome manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.\nThe stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.\nBut how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work enabled them to put their ethics on hold.\n“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”\nSights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.\nAntar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.\nThe co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.\nAn Advertising Assault:The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion — he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.\nAntar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie — his prices are in-saaaaaaaaane.”\nRather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.\nIt was through the television commercials Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater — and stood surrounded by displays of the electronics being peddled.\nEach commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.\nCarroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.\nHe would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie — his prices are in-saaaaaaaaane.”\nThere would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.\nA couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.\nNot So Funny:After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.\nBut as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.\nAntar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.\n“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.\n\"People have a certain idea of Crazy Eddie — in reality, it was a dark criminal enterprise.”\nAntar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.\nEventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable: Antar decided to take Crazy Eddie public.\nHello, Wall Street:Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.\nTwo years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.\nWhy Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.\nThe increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.\nAntar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down — and while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.\nThe company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.\nThe chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.\n\"By any measure, this is a staggering securities fraud,\" saidMichael Chertoff, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.\nBy 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.\nAntar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.\n“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”\nIn July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.\nRather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.\nThe Legend Lives On:Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.\nSeveral attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.\nIn June 2019,Jon Turteltaub, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.\nMany of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.\nAntar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.\n“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":459,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371147453,"gmtCreate":1618924198972,"gmtModify":1704716933257,"author":{"id":"3581510077930535","authorId":"3581510077930535","name":"FlashMinato","avatar":"https://static.tigerbbs.com/07eb35a53787db6a59960aa49290deae","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581510077930535","idStr":"3581510077930535"},"themes":[],"htmlText":"Apple more future!","listText":"Apple more future!","text":"Apple more future!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371147453","repostId":"2128849801","repostType":4,"isVote":1,"tweetType":1,"viewCount":735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}