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2022-03-16
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S&P 500 Bounces Sharply for a Second Day as Investors Await Big Fed Interest Rate Decision
Stocks jumped Wednesday as traders awaited the Federal Reserve's latest monetary policy decision and
S&P 500 Bounces Sharply for a Second Day as Investors Await Big Fed Interest Rate Decision
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2021-05-20
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2021-05-08
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S&P 500, Dow hit record highs as weak jobs data eases rate worries
The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the
S&P 500, Dow hit record highs as weak jobs data eases rate worries
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2021-05-07
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China sets investment quota for scheme to integrate Hong Kong, Macau
BEIJING, May 6 (Reuters) - China set an initial quota of 150 billion yuan ($23.2 billion) for transa
China sets investment quota for scheme to integrate Hong Kong, Macau
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China sets investment quota for scheme to integrate Hong Kong, Macau
BEIJING, May 6 (Reuters) - China set an initial quota of 150 billion yuan ($23.2 billion) for transa
China sets investment quota for scheme to integrate Hong Kong, Macau
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More positive developments on the outlook for Russia-Ukraine talks also helped boost U.S. and global equities.</p><p>The S&P 500, Dow and Nasdaq each rose about 1% just after market open. The major indexes held gains even after a new report on retail sales showed a sharper than expected deceleration in consumer spending last month, with rising inflation beginning to curb some discretionary purchases. Treasury yields steadied after moving sharply higher, and the 10-year yield hovered above 2.1% for its highest level since 2019.</p><p>At least one Kremlin official reportedly struck an upbeat tone on discussions with Ukraine early Wednesday, helping provide a boost to stocks recently roiled by geopolitical turmoil. Kremlin spokesperson Dmitry Peskov suggested a proposal to have Ukraine become a neutral country while keeping its armed forces "could be viewed as a certain kind of compromise,"Bloomberg reported Wednesday.</p><p>Energy prices steadied after unwinding recent gains. West Texas intermediate (CL=F</p><p>Investors this week have been gearing up to receive the Federal Reserve's latest monetary policy decision, which is likely to show the first of multiple interest rate hikes this year. Currently, the benchmark interest rate has been kept near zero since mid-2020, with the central bank using low rates and a series of other monetary policy tools to keep financial conditions running smoothly amid the pandemic. The Fed last raised interest rates in 2018.</p><p>Already, Fed Chair Jerome Powell told Congress in recent weeks that he would back a 25 basis point interest rate hike at the Fed's March meeting. Such an increase would be in-line with the Fed's typical hike size per meeting over the past two decades, and would begin the process of tightening financial conditions to gradually bring down demand and inflation. And in opting against a more aggressive 50 basis point rate hike — which some market participants had called for at the beginning of the year — the Fed would also likely avoid delivering a shock to markets already reeling from Russia's invasion of Ukraine.</p><p>And importantly, in addition to offering a decision on raising rates, the Fed will also release an updated Summary of Economic Projections, or "dot plot," showing what central bank officials are thinking for where interest rates and growth in the economy may be headed in the near-term. And to that end, many pundits expect to see the Fed upgrade its outlooks on inflation and the labor market this year.</p><p>The core Personal Consumption Expenditures (PCE) — or the Fed's preferred inflation gauge excluding volatile food and energy prices — last rose at a 6.1% annual rate in January. And since then, more recent prints on consumer and producer price inflation have pointed to even steeper run-up in prices.</p><p>"The dot plot should increase given all the news that we've had between December and today," Michael Kushma, Morgan Stanley Investment Management chief investment officer, told Yahoo Finance Live on Tuesday. "We've got a strong labor market, higher than expected inflation. Oil prices, energy prices, commodity prices are much higher now then they were back then. All of it suggests that the Fed needs to get going, and that they need to up the dot plot. So I think they'll talk about the mean, maybe five rate hikes in 2022, and a couple more in 2023."</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>S&P 500 Bounces Sharply for a Second Day as Investors Await Big Fed Interest Rate Decision</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\">\nS&P 500 Bounces Sharply for a Second Day as Investors Await Big Fed Interest Rate Decision\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\">2022-03-16 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Stocks jumped Wednesday as traders awaited the Federal Reserve's latest monetary policy decision and updated economic projections later in the day. More positive developments on the outlook for Russia-Ukraine talks also helped boost U.S. and global equities.</p><p>The S&P 500, Dow and Nasdaq each rose about 1% just after market open. The major indexes held gains even after a new report on retail sales showed a sharper than expected deceleration in consumer spending last month, with rising inflation beginning to curb some discretionary purchases. Treasury yields steadied after moving sharply higher, and the 10-year yield hovered above 2.1% for its highest level since 2019.</p><p>At least one Kremlin official reportedly struck an upbeat tone on discussions with Ukraine early Wednesday, helping provide a boost to stocks recently roiled by geopolitical turmoil. Kremlin spokesperson Dmitry Peskov suggested a proposal to have Ukraine become a neutral country while keeping its armed forces "could be viewed as a certain kind of compromise,"Bloomberg reported Wednesday.</p><p>Energy prices steadied after unwinding recent gains. West Texas intermediate (CL=F</p><p>Investors this week have been gearing up to receive the Federal Reserve's latest monetary policy decision, which is likely to show the first of multiple interest rate hikes this year. Currently, the benchmark interest rate has been kept near zero since mid-2020, with the central bank using low rates and a series of other monetary policy tools to keep financial conditions running smoothly amid the pandemic. The Fed last raised interest rates in 2018.</p><p>Already, Fed Chair Jerome Powell told Congress in recent weeks that he would back a 25 basis point interest rate hike at the Fed's March meeting. Such an increase would be in-line with the Fed's typical hike size per meeting over the past two decades, and would begin the process of tightening financial conditions to gradually bring down demand and inflation. And in opting against a more aggressive 50 basis point rate hike — which some market participants had called for at the beginning of the year — the Fed would also likely avoid delivering a shock to markets already reeling from Russia's invasion of Ukraine.</p><p>And importantly, in addition to offering a decision on raising rates, the Fed will also release an updated Summary of Economic Projections, or "dot plot," showing what central bank officials are thinking for where interest rates and growth in the economy may be headed in the near-term. And to that end, many pundits expect to see the Fed upgrade its outlooks on inflation and the labor market this year.</p><p>The core Personal Consumption Expenditures (PCE) — or the Fed's preferred inflation gauge excluding volatile food and energy prices — last rose at a 6.1% annual rate in January. And since then, more recent prints on consumer and producer price inflation have pointed to even steeper run-up in prices.</p><p>"The dot plot should increase given all the news that we've had between December and today," Michael Kushma, Morgan Stanley Investment Management chief investment officer, told Yahoo Finance Live on Tuesday. "We've got a strong labor market, higher than expected inflation. Oil prices, energy prices, commodity prices are much higher now then they were back then. All of it suggests that the Fed needs to get going, and that they need to up the dot plot. So I think they'll talk about the mean, maybe five rate hikes in 2022, and a couple more in 2023."</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191263730","content_text":"Stocks jumped Wednesday as traders awaited the Federal Reserve's latest monetary policy decision and updated economic projections later in the day. More positive developments on the outlook for Russia-Ukraine talks also helped boost U.S. and global equities.The S&P 500, Dow and Nasdaq each rose about 1% just after market open. The major indexes held gains even after a new report on retail sales showed a sharper than expected deceleration in consumer spending last month, with rising inflation beginning to curb some discretionary purchases. Treasury yields steadied after moving sharply higher, and the 10-year yield hovered above 2.1% for its highest level since 2019.At least one Kremlin official reportedly struck an upbeat tone on discussions with Ukraine early Wednesday, helping provide a boost to stocks recently roiled by geopolitical turmoil. Kremlin spokesperson Dmitry Peskov suggested a proposal to have Ukraine become a neutral country while keeping its armed forces \"could be viewed as a certain kind of compromise,\"Bloomberg reported Wednesday.Energy prices steadied after unwinding recent gains. West Texas intermediate (CL=FInvestors this week have been gearing up to receive the Federal Reserve's latest monetary policy decision, which is likely to show the first of multiple interest rate hikes this year. Currently, the benchmark interest rate has been kept near zero since mid-2020, with the central bank using low rates and a series of other monetary policy tools to keep financial conditions running smoothly amid the pandemic. The Fed last raised interest rates in 2018.Already, Fed Chair Jerome Powell told Congress in recent weeks that he would back a 25 basis point interest rate hike at the Fed's March meeting. Such an increase would be in-line with the Fed's typical hike size per meeting over the past two decades, and would begin the process of tightening financial conditions to gradually bring down demand and inflation. And in opting against a more aggressive 50 basis point rate hike — which some market participants had called for at the beginning of the year — the Fed would also likely avoid delivering a shock to markets already reeling from Russia's invasion of Ukraine.And importantly, in addition to offering a decision on raising rates, the Fed will also release an updated Summary of Economic Projections, or \"dot plot,\" showing what central bank officials are thinking for where interest rates and growth in the economy may be headed in the near-term. And to that end, many pundits expect to see the Fed upgrade its outlooks on inflation and the labor market this year.The core Personal Consumption Expenditures (PCE) — or the Fed's preferred inflation gauge excluding volatile food and energy prices — last rose at a 6.1% annual rate in January. And since then, more recent prints on consumer and producer price inflation have pointed to even steeper run-up in prices.\"The dot plot should increase given all the news that we've had between December and today,\" Michael Kushma, Morgan Stanley Investment Management chief investment officer, told Yahoo Finance Live on Tuesday. \"We've got a strong labor market, higher than expected inflation. Oil prices, energy prices, commodity prices are much higher now then they were back then. All of it suggests that the Fed needs to get going, and that they need to up the dot plot. So I think they'll talk about the mean, maybe five rate hikes in 2022, and a couple more in 2023.\"","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":1380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197536953,"gmtCreate":1621472635572,"gmtModify":1704358111985,"author":{"id":"3573785073067965","authorId":"3573785073067965","name":"sharp1","avatar":"https://static.tigerbbs.com/47e505f36b62b2a3c86142c277a65bcf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573785073067965","idStr":"3573785073067965"},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197536953","repostId":"1136676199","repostType":4,"isVote":1,"tweetType":1,"viewCount":1441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107976230,"gmtCreate":1620442167620,"gmtModify":1704343776152,"author":{"id":"3573785073067965","authorId":"3573785073067965","name":"sharp1","avatar":"https://static.tigerbbs.com/47e505f36b62b2a3c86142c277a65bcf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573785073067965","idStr":"3573785073067965"},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/107976230","repostId":"1120904578","repostType":4,"repost":{"id":"1120904578","kind":"news","pubTimestamp":1620429937,"share":"https://ttm.financial/m/news/1120904578?lang=&edition=fundamental","pubTime":"2021-05-08 07:25","market":"us","language":"en","title":"S&P 500, Dow hit record highs as weak jobs data eases rate worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1120904578","media":"Reuters","summary":"The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the","content":"<p>The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> recovered after U.S. jobs data eased concerns over prospects for rising rates.</p><p>U.S. job growth unexpectedly slowed in April, likely restrained by shortages of workers, the Labor Department report showed.</p><p>The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.</p><p>“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.</p><p>Heavily-weighted growth stocks such as <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp MSFT.O and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&P 500 and Nasdaq their biggest boosts.</p><p>But gains were broad-based, with all major S&P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.</p><p>The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.</p><p>For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.</p><p>“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.</p><p>A raft of upbeat earnings also helped stocks, and S&P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.</p><p>Payments firm <a href=\"https://laohu8.com/S/SQ\">Square</a> Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)</p><p>Streaming device maker <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)</p><p><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.</p><p>The S&P 500 posted 164 new 52-week highs and <a href=\"https://laohu8.com/S/AONE\">one</a> new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.</p><p>Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 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, Dow hit record highs as weak jobs data eases rate worries</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, Dow hit record highs as weak jobs data eases rate worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 07:25 GMT+8 <a href=https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the Nasdaq recovered after U.S. jobs data eased concerns over prospects for rising rates.U.S. job ...</p>\n\n<a href=\"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/\">Web 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","513500":"标普500ETF","SPXU":"三倍做空标普500ETF-ProShares","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","SDS":"两倍做空标普500 ETF-ProShares","IVV":"标普500ETF-iShares","EXPE":"Expedia",".SPX":"S&P 500 Index","SSO":"2倍做多标普500ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","SH":"做空标普500-Proshares","ROKU":"Roku Inc","AAPL":"苹果","OEX":"标普100",".DJI":"道琼斯","MSFT":"微软","OEF":"标普100指数ETF-iShares"},"source_url":"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120904578","content_text":"The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the Nasdaq recovered after U.S. jobs data eased concerns over prospects for rising rates.U.S. job growth unexpectedly slowed in April, likely restrained by shortages of workers, the Labor Department report showed.The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.Heavily-weighted growth stocks such as Microsoft Corp MSFT.O and Apple Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&P 500 and Nasdaq their biggest boosts.But gains were broad-based, with all major S&P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.A raft of upbeat earnings also helped stocks, and S&P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.Payments firm Square Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)Streaming device maker Roku Inc ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)Expedia Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.The S&P 500 posted 164 new 52-week highs and one new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"EXPE":0.9,"ROKU":0.9,"SH":0.9,"SQ":0.9,".SPX":0.9,".DJI":0.9,"SDS":0.9,"OEF":0.9,"SPY":0.9,"SPXU":0.9,"IVV":0.9,"AAPL":0.9,"SSO":0.9,"UPRO":0.9,"OEX":0.9,".IXIC":0.9,"ESmain":0.9,"MSFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2381,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":105769158,"gmtCreate":1620340744274,"gmtModify":1704342079146,"author":{"id":"3573785073067965","authorId":"3573785073067965","name":"sharp1","avatar":"https://static.tigerbbs.com/47e505f36b62b2a3c86142c277a65bcf","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3573785073067965","idStr":"3573785073067965"},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/105769158","repostId":"1111945701","repostType":4,"repost":{"id":"1111945701","kind":"news","pubTimestamp":1620308970,"share":"https://ttm.financial/m/news/1111945701?lang=&edition=fundamental","pubTime":"2021-05-06 21:49","market":"sh","language":"en","title":"China sets investment quota for scheme to integrate Hong Kong, Macau","url":"https://stock-news.laohu8.com/highlight/detail?id=1111945701","media":"Reuters","summary":"BEIJING, May 6 (Reuters) - China set an initial quota of 150 billion yuan ($23.2 billion) for transa","content":"<p>BEIJING, May 6 (Reuters) - China set an initial quota of 150 billion yuan ($23.2 billion) for transactions under its Wealth Management Connect scheme that links southern Guangdong province with offshore centres Hong Kong and Macau, according to draft rules published on Thursday.</p><p>The cross-border pilot scheme, announced a year ago, allows residents of the two offshore centres and those in nine cities in Guangdong to buy financial products in the other markets.</p><p>Net cash flows in either direction must not exceed 150 billion yuan and the individual investment quota is 1 million yuan, according to draft rules published by China’s central bank.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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 sets investment quota for scheme to integrate Hong Kong, Macau\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 21:49 GMT+8 <a href=https://www.reuters.com/article/china-connect-wealth/update-1-china-sets-investment-quota-for-scheme-to-integrate-hong-kong-macau-idUSL1N2MT0ZI><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING, May 6 (Reuters) - China set an initial quota of 150 billion yuan ($23.2 billion) for transactions under its Wealth Management Connect scheme that links southern Guangdong province with ...</p>\n\n<a href=\"https://www.reuters.com/article/china-connect-wealth/update-1-china-sets-investment-quota-for-scheme-to-integrate-hong-kong-macau-idUSL1N2MT0ZI\">Web 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.reuters.com/article/china-connect-wealth/update-1-china-sets-investment-quota-for-scheme-to-integrate-hong-kong-macau-idUSL1N2MT0ZI","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111945701","content_text":"BEIJING, May 6 (Reuters) - China set an initial quota of 150 billion yuan ($23.2 billion) for transactions under its Wealth Management Connect scheme that links southern Guangdong province with offshore centres Hong Kong and Macau, according to draft rules published on Thursday.The cross-border pilot scheme, announced a year ago, allows residents of the two offshore centres and those in nine cities in Guangdong to buy financial products in the other markets.Net cash flows in either direction must not exceed 150 billion yuan and the individual investment quota is 1 million yuan, according to draft rules published by China’s central bank.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}