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Jossent
2022-11-03
Like
Powell: Rate Peak Has Risen But Pace of Hikes Could Slow
Jossent
2022-11-30
Nice
US STOCKS-S&P 500 Ends Down As Apple Dips and Traders Eye Powell Speech
Jossent
2021-08-15
Good
Sorry, the original content has been removed
Jossent
2023-04-11
https://tigr.link/1KC6ml?utm_campaign=20230316162207&utm_medium=copy&shareID=4c88575385197d6cf7452ad5d62a846b&invite=0PF632&lang=en_NZ&platform=android&utm_source=invite
Jossent
2023-04-06
https://tigr.link/1EA9Ux?utm_campaign=20230316162207&utm_medium=copy&shareID=ca16a65df23bf2fa0786b0e244824efe&invite=0PF632&lang=en_NZ&platform=android&utm_source=invite
Jossent
2022-12-16
Who will become champion
Jossent
2022-12-02
How's the result today?
Jossent
2021-09-05
Nice
Sorry, the original content has been removed
Jossent
2023-12-27
Merry Christmas, a nice game to play, let's joining
Jossent
2023-04-07
https://tigr.link/1GiHQM?utm_campaign=20230316162207&utm_medium=copy&shareID=bfbe5925e20af6ac6ff9361a82f28abe&invite=0PF632&lang=en_NZ&platform=android&utm_source=invite
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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1667417358,"share":"https://ttm.financial/m/news/1171529451?lang=en_US&edition=fundamental","pubTime":"2022-11-03 03:29","market":"us","language":"en","title":"Powell: Rate Peak Has Risen But Pace of Hikes Could Slow","url":"https://stock-news.laohu8.com/highlight/detail?id=1171529451","media":"Tiger Newspress","summary":"The U.S. economy will likely need a \"restrictive\" rate for some time, Federal Reserve Chairman Jerom","content":"<html><head></head><body><p>The U.S. economy will likely need a "restrictive" rate for some time, Federal Reserve Chairman Jerome Powell said Wednesday in the press conference after the central bank raised its key rate by 75 basis points for a fourth straight time.</p><p>The Fed will take a meeting-by-meeting approach to determining its rate increases.</p><blockquote>Moderating the pace of increases may come at the next meeting or the one after that, Powell said.</blockquote><p>"I don't get any sense that we've overtightened or moved too fast," he also said. "We have more ground to cover."</p><blockquote>"The important question now is how far to go," he said. "We may ultimately move to higher levels" than were considered in September.</blockquote><p>Longer-term inflation expectations appear to have moved back down, but there's been no clear way identified to show when high inflation expectations are entrenched, he added.</p><p>"It's very premature to think about pausing the rate hikes," Powell sald.</p><p>"Labor market is very, very strong; households have strong balance sheets. It will take some time for inflation to come down, we think."</p><p>"The housing market was very overheated for a couple of years," he said, and that market needs to get back into a balance of supply and demand. The decline in housing this time around doesn't have the financial stability risks of the 2008 financial crisis, he said. The Fed isn't seeing poor underwriting like it did in 2008.</p><p>Anytime one of the Fed's policymakers violates the rules or falls short, it risks losing public trust, he said. The central bank takes that very seriously. He has no update on the investigation into Atlanta Fed President Raphael Bostic as the Office of the Inspector General is responsible for the investigation.</p><p>The Fed's message is: "We think we have a ways to go, ground to cover" with interest rate increases before inflation comes down. "Pausing is not a conversation that we're having."</p><p>"It appears that consumer spending is still positive, it's not shrinking," Powell said, sayin it appears households have increased their savings during the pandemic. "Consumers are still buying. I don't know how big the fiscal headwinds are."</p><p>The path to a soft landing "has narrowed" but it's still possible, he said.</p><p>"Inflation picture has become more and more challenging over the year, without question," Powell said in concluding the press conference.、</p><p>He does note that the Fed's series of rate hikes, up 300 bps before today's action, has started to impact the economy. Consumer spending has slowed significantly, he said.</p><p>"We still have some ways to go," he said for the Fed to reach its goal of bringing inflation down to 2%.</p><p>Ian Shepherdson, Pantheon Macroeconomics' chief economist sees today's Fed statement as clear signal that the central bank will soon shift to smaller rate hikes. "This strikes us as a clear signal that wave of 75bp hikes is over, unless the data between now and the December meeting - including two rounds of inflation and labor market reports - are unexpectedly awful."</p><p>The CME FedWatchtoolnow gives a larger probability to a 50-bp hike (53.6%) in December than a 75-bp increase (41.7%). Earlier today, the probabilities for the two were at about the same level.</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>Powell: Rate Peak Has Risen But Pace of Hikes Could Slow</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\">\nPowell: Rate Peak Has Risen But Pace of Hikes Could Slow\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-03 03:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The U.S. economy will likely need a "restrictive" rate for some time, Federal Reserve Chairman Jerome Powell said Wednesday in the press conference after the central bank raised its key rate by 75 basis points for a fourth straight time.</p><p>The Fed will take a meeting-by-meeting approach to determining its rate increases.</p><blockquote>Moderating the pace of increases may come at the next meeting or the one after that, Powell said.</blockquote><p>"I don't get any sense that we've overtightened or moved too fast," he also said. "We have more ground to cover."</p><blockquote>"The important question now is how far to go," he said. "We may ultimately move to higher levels" than were considered in September.</blockquote><p>Longer-term inflation expectations appear to have moved back down, but there's been no clear way identified to show when high inflation expectations are entrenched, he added.</p><p>"It's very premature to think about pausing the rate hikes," Powell sald.</p><p>"Labor market is very, very strong; households have strong balance sheets. It will take some time for inflation to come down, we think."</p><p>"The housing market was very overheated for a couple of years," he said, and that market needs to get back into a balance of supply and demand. The decline in housing this time around doesn't have the financial stability risks of the 2008 financial crisis, he said. The Fed isn't seeing poor underwriting like it did in 2008.</p><p>Anytime one of the Fed's policymakers violates the rules or falls short, it risks losing public trust, he said. The central bank takes that very seriously. He has no update on the investigation into Atlanta Fed President Raphael Bostic as the Office of the Inspector General is responsible for the investigation.</p><p>The Fed's message is: "We think we have a ways to go, ground to cover" with interest rate increases before inflation comes down. "Pausing is not a conversation that we're having."</p><p>"It appears that consumer spending is still positive, it's not shrinking," Powell said, sayin it appears households have increased their savings during the pandemic. "Consumers are still buying. I don't know how big the fiscal headwinds are."</p><p>The path to a soft landing "has narrowed" but it's still possible, he said.</p><p>"Inflation picture has become more and more challenging over the year, without question," Powell said in concluding the press conference.、</p><p>He does note that the Fed's series of rate hikes, up 300 bps before today's action, has started to impact the economy. Consumer spending has slowed significantly, he said.</p><p>"We still have some ways to go," he said for the Fed to reach its goal of bringing inflation down to 2%.</p><p>Ian Shepherdson, Pantheon Macroeconomics' chief economist sees today's Fed statement as clear signal that the central bank will soon shift to smaller rate hikes. "This strikes us as a clear signal that wave of 75bp hikes is over, unless the data between now and the December meeting - including two rounds of inflation and labor market reports - are unexpectedly awful."</p><p>The CME FedWatchtoolnow gives a larger probability to a 50-bp hike (53.6%) in December than a 75-bp increase (41.7%). Earlier today, the probabilities for the two were at about the same level.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171529451","content_text":"The U.S. economy will likely need a \"restrictive\" rate for some time, Federal Reserve Chairman Jerome Powell said Wednesday in the press conference after the central bank raised its key rate by 75 basis points for a fourth straight time.The Fed will take a meeting-by-meeting approach to determining its rate increases.Moderating the pace of increases may come at the next meeting or the one after that, Powell said.\"I don't get any sense that we've overtightened or moved too fast,\" he also said. \"We have more ground to cover.\"\"The important question now is how far to go,\" he said. \"We may ultimately move to higher levels\" than were considered in September.Longer-term inflation expectations appear to have moved back down, but there's been no clear way identified to show when high inflation expectations are entrenched, he added.\"It's very premature to think about pausing the rate hikes,\" Powell sald.\"Labor market is very, very strong; households have strong balance sheets. It will take some time for inflation to come down, we think.\"\"The housing market was very overheated for a couple of years,\" he said, and that market needs to get back into a balance of supply and demand. The decline in housing this time around doesn't have the financial stability risks of the 2008 financial crisis, he said. The Fed isn't seeing poor underwriting like it did in 2008.Anytime one of the Fed's policymakers violates the rules or falls short, it risks losing public trust, he said. The central bank takes that very seriously. He has no update on the investigation into Atlanta Fed President Raphael Bostic as the Office of the Inspector General is responsible for the investigation.The Fed's message is: \"We think we have a ways to go, ground to cover\" with interest rate increases before inflation comes down. \"Pausing is not a conversation that we're having.\"\"It appears that consumer spending is still positive, it's not shrinking,\" Powell said, sayin it appears households have increased their savings during the pandemic. \"Consumers are still buying. I don't know how big the fiscal headwinds are.\"The path to a soft landing \"has narrowed\" but it's still possible, he said.\"Inflation picture has become more and more challenging over the year, without question,\" Powell said in concluding the press conference.、He does note that the Fed's series of rate hikes, up 300 bps before today's action, has started to impact the economy. Consumer spending has slowed significantly, he said.\"We still have some ways to go,\" he said for the Fed to reach its goal of bringing inflation down to 2%.Ian Shepherdson, Pantheon Macroeconomics' chief economist sees today's Fed statement as clear signal that the central bank will soon shift to smaller rate hikes. \"This strikes us as a clear signal that wave of 75bp hikes is over, unless the data between now and the December meeting - including two rounds of inflation and labor market reports - are unexpectedly awful.\"The CME FedWatchtoolnow gives a larger probability to a 50-bp hike (53.6%) in December than a 75-bp increase (41.7%). Earlier today, the probabilities for the two were at about the same level.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":540,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962864698,"gmtCreate":1669763138914,"gmtModify":1676538236456,"author":{"id":"3587078654628428","authorId":"3587078654628428","name":"Jossent","avatar":"https://static.tigerbbs.com/611e291acbe288d58b7e0560c724d35c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3587078654628428","idStr":"3587078654628428"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9962864698","repostId":"2287568981","repostType":4,"repost":{"id":"2287568981","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":1669761575,"share":"https://ttm.financial/m/news/2287568981?lang=en_US&edition=fundamental","pubTime":"2022-11-30 06:39","market":"us","language":"en","title":"US STOCKS-S&P 500 Ends Down As Apple Dips and Traders Eye Powell Speech","url":"https://stock-news.laohu8.com/highlight/detail?id=2287568981","media":"Reuters","summary":"Investors look to Powell speech for interest rate cluesU.S. consumer confidence slips in NovemberS&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01%Nov 29 (Reuters) - The S&P 500 ended down on Tuesday, with los","content":"<html><head></head><body><ul><li>Investors look to Powell speech for interest rate clues</li><li>U.S. consumer confidence slips in November</li><li>S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01%</li></ul><p><img src=\"https://static.tigerbbs.com/7890ba1e2d65820cc5944127fc3fe4e3\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Nov 29 (Reuters) - The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by U.S. Federal Reserve Chair Jerome Powell that could provide hints about magnitude of future interest rate hikes.</p><p>Apple's stock dropped 2.1%, down for a fourth straight session.</p><p>Powell is due to speak at a Brookings Institution event on Wednesday about the outlook for the U.S. economy and the labor market. Investors will be looking for clues about when the Fed will slow the pace of its aggressive interest rate hikes.</p><p>"No one is willing to buy ahead of tomorrow with Powell speaking. Everyone is nervous about what he is going to say," said Ron Saba, senior portfolio manager at Horizon Investments in Charlotte.</p><p>Shares of Amazon, Nvidia and Tesla each lost more than 1%.</p><p>The benchmark S&P 500 index is headed for its second straight month of gains in November amid bets that recent inflation readings showing a slight cooling in prices will lead the Fed to scale back the scale of its interest rate hikes.</p><p>The Fed has delivered four straight 75 basis point rate hikes, and it is expected to shift down the pace to a 50-bps move in December.</p><p>A survey on Tuesday showed U.S. consumer confidence eased further in November amid persistent worries about the rising cost of living.</p><p>Mainland China's recent wave of civil disobedience comes as the number of COVID cases hit record daily highs and large parts of several cities face new lockdowns, further threatening the world's second largest economy.</p><p>The S&P 500 energy sector index rallied 1.3%, while gains in oil prices on expectations of a loosening of China's strict COVID controls were later offset by concerns that OPEC+ would keep its output unchanged at its upcoming meeting.</p><p>The S&P 500 declined 0.16% to end the session at 3,957.60 points.</p><p>The Nasdaq declined 0.59% to 10,983.78 points, while Dow Jones Industrial Average rose 0.01% to 33,852.13 points.</p><p>Despite the S&P 500's decline, advancing issues outnumbered falling ones by a 1.3-to-one ratio.</p><p>The S&P 500 posted three new highs and two new lows; the Nasdaq recorded 68 new highs and 183 new lows.</p><p>U.S.-listed shares of Chinese companies Alibaba Group Holding Ltd, Pinduoduo Inc and JD.com Inc jumped more than 5% after China broadened equity financing channels for property developers.</p><p>Shares of Chinese internet firm Bilibili Inc soared 22% after posting upbeat quarterly results.</p><p>Volume on U.S. exchanges was relatively light, with 9.6 billion shares traded, compared with an average of 11.2 billion shares over the previous 20 sessions.</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>US STOCKS-S&P 500 Ends Down As Apple Dips and Traders Eye Powell Speech</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\">\nUS STOCKS-S&P 500 Ends Down As Apple Dips and Traders Eye Powell Speech\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\">2022-11-30 06:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Investors look to Powell speech for interest rate clues</li><li>U.S. consumer confidence slips in November</li><li>S&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01%</li></ul><p><img src=\"https://static.tigerbbs.com/7890ba1e2d65820cc5944127fc3fe4e3\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>Nov 29 (Reuters) - The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by U.S. Federal Reserve Chair Jerome Powell that could provide hints about magnitude of future interest rate hikes.</p><p>Apple's stock dropped 2.1%, down for a fourth straight session.</p><p>Powell is due to speak at a Brookings Institution event on Wednesday about the outlook for the U.S. economy and the labor market. Investors will be looking for clues about when the Fed will slow the pace of its aggressive interest rate hikes.</p><p>"No one is willing to buy ahead of tomorrow with Powell speaking. Everyone is nervous about what he is going to say," said Ron Saba, senior portfolio manager at Horizon Investments in Charlotte.</p><p>Shares of Amazon, Nvidia and Tesla each lost more than 1%.</p><p>The benchmark S&P 500 index is headed for its second straight month of gains in November amid bets that recent inflation readings showing a slight cooling in prices will lead the Fed to scale back the scale of its interest rate hikes.</p><p>The Fed has delivered four straight 75 basis point rate hikes, and it is expected to shift down the pace to a 50-bps move in December.</p><p>A survey on Tuesday showed U.S. consumer confidence eased further in November amid persistent worries about the rising cost of living.</p><p>Mainland China's recent wave of civil disobedience comes as the number of COVID cases hit record daily highs and large parts of several cities face new lockdowns, further threatening the world's second largest economy.</p><p>The S&P 500 energy sector index rallied 1.3%, while gains in oil prices on expectations of a loosening of China's strict COVID controls were later offset by concerns that OPEC+ would keep its output unchanged at its upcoming meeting.</p><p>The S&P 500 declined 0.16% to end the session at 3,957.60 points.</p><p>The Nasdaq declined 0.59% to 10,983.78 points, while Dow Jones Industrial Average rose 0.01% to 33,852.13 points.</p><p>Despite the S&P 500's decline, advancing issues outnumbered falling ones by a 1.3-to-one ratio.</p><p>The S&P 500 posted three new highs and two new lows; the Nasdaq recorded 68 new highs and 183 new lows.</p><p>U.S.-listed shares of Chinese companies Alibaba Group Holding Ltd, Pinduoduo Inc and JD.com Inc jumped more than 5% after China broadened equity financing channels for property developers.</p><p>Shares of Chinese internet firm Bilibili Inc soared 22% after posting upbeat quarterly results.</p><p>Volume on U.S. exchanges was relatively light, with 9.6 billion shares traded, compared with an average of 11.2 billion shares over the previous 20 sessions.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2287568981","content_text":"Investors look to Powell speech for interest rate cluesU.S. consumer confidence slips in NovemberS&P 500 -0.16%, Nasdaq -0.59%, Dow +0.01%Nov 29 (Reuters) - The S&P 500 ended down on Tuesday, with losses in Apple and Amazon ahead of an upcoming speech by U.S. Federal Reserve Chair Jerome Powell that could provide hints about magnitude of future interest rate hikes.Apple's stock dropped 2.1%, down for a fourth straight session.Powell is due to speak at a Brookings Institution event on Wednesday about the outlook for the U.S. economy and the labor market. Investors will be looking for clues about when the Fed will slow the pace of its aggressive interest rate hikes.\"No one is willing to buy ahead of tomorrow with Powell speaking. Everyone is nervous about what he is going to say,\" said Ron Saba, senior portfolio manager at Horizon Investments in Charlotte.Shares of Amazon, Nvidia and Tesla each lost more than 1%.The benchmark S&P 500 index is headed for its second straight month of gains in November amid bets that recent inflation readings showing a slight cooling in prices will lead the Fed to scale back the scale of its interest rate hikes.The Fed has delivered four straight 75 basis point rate hikes, and it is expected to shift down the pace to a 50-bps move in December.A survey on Tuesday showed U.S. consumer confidence eased further in November amid persistent worries about the rising cost of living.Mainland China's recent wave of civil disobedience comes as the number of COVID cases hit record daily highs and large parts of several cities face new lockdowns, further threatening the world's second largest economy.The S&P 500 energy sector index rallied 1.3%, while gains in oil prices on expectations of a loosening of China's strict COVID controls were later offset by concerns that OPEC+ would keep its output unchanged at its upcoming meeting.The S&P 500 declined 0.16% to end the session at 3,957.60 points.The Nasdaq declined 0.59% to 10,983.78 points, while Dow Jones Industrial Average rose 0.01% to 33,852.13 points.Despite the S&P 500's decline, advancing issues outnumbered falling ones by a 1.3-to-one ratio.The S&P 500 posted three new highs and two new lows; the Nasdaq recorded 68 new highs and 183 new lows.U.S.-listed shares of Chinese companies Alibaba Group Holding Ltd, Pinduoduo Inc and JD.com Inc jumped more than 5% after China broadened equity financing channels for property developers.Shares of Chinese internet firm Bilibili Inc soared 22% after posting upbeat quarterly results.Volume on U.S. exchanges was relatively light, with 9.6 billion shares traded, compared with an average of 11.2 billion shares over the previous 20 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