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Wei90

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- Wei90Wei90
  ·2021-06-20
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- Wei90Wei90
  ·2021-06-18
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- Wei90Wei90
  ·2021-06-17
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- Wei90Wei90
  ·2021-06-14
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- Wei90Wei90
  ·2021-06-08
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- Wei90Wei90
  ·2021-06-06
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- Wei90Wei90
  ·2021-06-03
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- Wei90Wei90
  ·2021-05-27
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  Wall Street edges up as U.S. bond yields stay tame
  S&P 500 to end year 2.5% above current level - poll4,200 seen as resistance level for S&PAmazon buyi
  Wall Street edges up as U.S. bond yields stay tame
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- Wei90Wei90
  ·2021-05-25
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  What next for bitcoin? The path of gold in the 1970s may hold the answer, strategist says
  Critical information for the trading day.Cryptocurrency, the market that never sleeps, is once again
  What next for bitcoin? The path of gold in the 1970s may hold the answer, strategist says
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- Wei90Wei90
  ·2021-05-20
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  Jobless claims drop more than expected for a new pandemic low
  KEY POINTSInitial claims for jobless benefits totaled 444,000 last week, better than the 452,000 Dow
  Jobless claims drop more than expected for a new pandemic low
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Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/111847203","repostId":"1138216687","repostType":2,"isVote":1,"tweetType":1,"viewCount":2351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132113305,"gmtCreate":1622075423907,"gmtModify":1704178890042,"author":{"id":"3576820250820425","authorId":"3576820250820425","name":"Wei90","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576820250820425","idStr":"3576820250820425"},"themes":[],"htmlText":"Please like and comment. Thanks&nbsp;","listText":"Please like and comment. Thanks&nbsp;","text":"Please like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/132113305","repostId":"2138149853","repostType":4,"repost":{"id":"2138149853","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":1622060037,"share":"https://ttm.financial/m/news/2138149853?lang=en_US&edition=fundamental","pubTime":"2021-05-27 04:13","market":"us","language":"en","title":"Wall Street edges up as U.S. bond yields stay tame","url":"https://stock-news.laohu8.com/highlight/detail?id=2138149853","media":"Reuters","summary":"S&P 500 to end year 2.5% above current level - poll4,200 seen as resistance level for S&PAmazon buyi","content":"<ul><li>S&amp;P 500 to end year 2.5% above current level - poll</li><li>4,200 seen as resistance level for S&amp;P</li><li>Amazon buying MGM for $8.45 bln</li></ul><p>NEW YORK, May 26 (Reuters) - U.S. stocks closed out Wednesday's session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation and kept bond yields in check.</p><p>Stocks such as Tesla    and Alphabet   , which have struggled in recent weeks as bond yields advanced due to rising inflation worries, were among the top boosts to the benchmark S&amp;P 500 index with the 10-year U.S. Treasury note&nbsp;holding below the 1.6% level.</p><p>On Wednesday, Fed vice chair for supervision Randal Quarles said he was prepared to open talks on reducing the central bank's emergency support measures, only to also stress the need to remain patient.</p><p>Multiple Fed officials have commented in recent days on inflation, maintaining the central bank views it as transitory and has the tools to clamp down if it begins to run too hot. However, they have also edged closer to starting the debate about tapering, or reducing, its massive fiscal stimulus plan.</p><p>\"It feels like everybody is giving a very slow but choreographed message that things are improving, we can at least start talking about talking about tightening,\" said Andrew Mies, chief investment officer at 6 Meridian in Wichita, Kansas.</p><p>\"It could be that the wrong Fed governor says the wrong thing in the next couple of weeks and that kicks it off.\"</p><p>Higher yields pressure growth stocks, many of which are technology and tech-related, whose future cash flows are discounted at higher rates.</p><p>The Dow Jones Industrial Average    rose 10.59 points, or 0.03%, to 34,323.05, the S&amp;P 500    gained 7.86 points, or 0.19%, to 4,195.99 and the Nasdaq Composite    added 80.82 points, or 0.59%, to 13,738.00.</p><p>After fears of rising inflation sparked volatility in equity markets in recent weeks, all eyes will be on the closely watched monthly U.S. personal consumption report, the Fed's favorite inflation gauge, due later in the week.</p><p>With the S&amp;P 500 sitting less than 1% away from its record high, strategists expect the benchmark index to end the year only about 2.5% above its current level as concerns over increasing inflationary risks weigh, according to a Reuters poll.</p><p>Analysts have pointed to the 4,200 level on the S&amp;P 500 as a strong resistance point after several failed attempts to hold above, which could spark more gains should the index manage to convincingly cross.</p><p>Trading volumes are likely to lessen heading into the extended Memorial Day holiday weekend, which could exacerbate price moves.</p><p>Amazon    ticked 0.19% higher after announcing it is buying MGM, the U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix    and Disney+   .</p><p>Drug retailers such as Walgreens   , CVS Health    and Rite Aid Corp    all lost ground after a report Amazon is considering the launch of physical pharmacies in the United States.</p><p>Ford Motor Co    jumped 8.51% higher after it outlined plans to boost spending on its electrification efforts by more than a third.</p><p>Department store operator Nordstrom Inc    dropped 5.78% after reporting a bigger-than-expected quarterly loss, hurt by price markdowns.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.11-to-1 ratio; on Nasdaq, a 2.95-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 18 new 52-week highs and no new lows; the Nasdaq Composite recorded 62 new highs and 40 new lows.</p><p>Volume on U.S. exchanges was 9.83 billion shares, compared with the 10.43 billion average for the full session over the last 20 trading days.</p><p>(Reporting by Chuck Mikolajczak; Editing by Lisa Shumaker)</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 edges up as U.S. bond yields stay tame</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 edges up as U.S. bond yields stay tame\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\">2021-05-27 04:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>S&amp;P 500 to end year 2.5% above current level - poll</li><li>4,200 seen as resistance level for S&amp;P</li><li>Amazon buying MGM for $8.45 bln</li></ul><p>NEW YORK, May 26 (Reuters) - U.S. stocks closed out Wednesday's session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation and kept bond yields in check.</p><p>Stocks such as Tesla    and Alphabet   , which have struggled in recent weeks as bond yields advanced due to rising inflation worries, were among the top boosts to the benchmark S&amp;P 500 index with the 10-year U.S. Treasury note&nbsp;holding below the 1.6% level.</p><p>On Wednesday, Fed vice chair for supervision Randal Quarles said he was prepared to open talks on reducing the central bank's emergency support measures, only to also stress the need to remain patient.</p><p>Multiple Fed officials have commented in recent days on inflation, maintaining the central bank views it as transitory and has the tools to clamp down if it begins to run too hot. However, they have also edged closer to starting the debate about tapering, or reducing, its massive fiscal stimulus plan.</p><p>\"It feels like everybody is giving a very slow but choreographed message that things are improving, we can at least start talking about talking about tightening,\" said Andrew Mies, chief investment officer at 6 Meridian in Wichita, Kansas.</p><p>\"It could be that the wrong Fed governor says the wrong thing in the next couple of weeks and that kicks it off.\"</p><p>Higher yields pressure growth stocks, many of which are technology and tech-related, whose future cash flows are discounted at higher rates.</p><p>The Dow Jones Industrial Average    rose 10.59 points, or 0.03%, to 34,323.05, the S&amp;P 500    gained 7.86 points, or 0.19%, to 4,195.99 and the Nasdaq Composite    added 80.82 points, or 0.59%, to 13,738.00.</p><p>After fears of rising inflation sparked volatility in equity markets in recent weeks, all eyes will be on the closely watched monthly U.S. personal consumption report, the Fed's favorite inflation gauge, due later in the week.</p><p>With the S&amp;P 500 sitting less than 1% away from its record high, strategists expect the benchmark index to end the year only about 2.5% above its current level as concerns over increasing inflationary risks weigh, according to a Reuters poll.</p><p>Analysts have pointed to the 4,200 level on the S&amp;P 500 as a strong resistance point after several failed attempts to hold above, which could spark more gains should the index manage to convincingly cross.</p><p>Trading volumes are likely to lessen heading into the extended Memorial Day holiday weekend, which could exacerbate price moves.</p><p>Amazon    ticked 0.19% higher after announcing it is buying MGM, the U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix    and Disney+   .</p><p>Drug retailers such as Walgreens   , CVS Health    and Rite Aid Corp    all lost ground after a report Amazon is considering the launch of physical pharmacies in the United States.</p><p>Ford Motor Co    jumped 8.51% higher after it outlined plans to boost spending on its electrification efforts by more than a third.</p><p>Department store operator Nordstrom Inc    dropped 5.78% after reporting a bigger-than-expected quarterly loss, hurt by price markdowns.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.11-to-1 ratio; on Nasdaq, a 2.95-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 18 new 52-week highs and no new lows; the Nasdaq Composite recorded 62 new highs and 40 new lows.</p><p>Volume on U.S. exchanges was 9.83 billion shares, compared with the 10.43 billion average for the full session over the last 20 trading days.</p><p>(Reporting by Chuck Mikolajczak; Editing by Lisa Shumaker)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","DDM":"2倍做多道指ETF-ProShares","SQQQ":"纳指三倍做空ETF",".DJI":"道琼斯","UDOW":"三倍做多道指30ETF-ProShares","09086":"华夏纳指-U","DOG":"道指ETF-ProShares做空","IVV":"标普500ETF-iShares","UPRO":"三倍做多标普500ETF-ProShares","PSQ":"做空纳斯达克100指数ETF-ProShares","QQQ":"纳指100ETF","SH":"做空标普500-Proshares","SPXU":"三倍做空标普500ETF-ProShares",".SPX":"S&P 500 Index","OEX":"标普100","SSO":"2倍做多标普500ETF-ProShares","03086":"华夏纳指","TQQQ":"纳指三倍做多ETF","QLD":"2倍做多纳斯达克100指数ETF-ProShares","SDOW":"三倍做空道指30ETF-ProShares","SPY":"标普500ETF","SDS":"两倍做空标普500 ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","QNETCN":"纳斯达克中美互联网老虎指数","OEF":"标普100指数ETF-iShares",".IXIC":"NASDAQ Composite","DJX":"1/100道琼斯","DXD":"两倍做空道琼30指数ETF-ProShares"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138149853","content_text":"S&P 500 to end year 2.5% above current level - poll4,200 seen as resistance level for S&PAmazon buying MGM for $8.45 blnNEW YORK, May 26 (Reuters) - U.S. stocks closed out Wednesday's session with modest gains as recent comments from Federal Reserve officials helped tamp down concerns about runaway inflation and kept bond yields in check.Stocks such as Tesla    and Alphabet   , which have struggled in recent weeks as bond yields advanced due to rising inflation worries, were among the top boosts to the benchmark S&P 500 index with the 10-year U.S. Treasury note holding below the 1.6% level.On Wednesday, Fed vice chair for supervision Randal Quarles said he was prepared to open talks on reducing the central bank's emergency support measures, only to also stress the need to remain patient.Multiple Fed officials have commented in recent days on inflation, maintaining the central bank views it as transitory and has the tools to clamp down if it begins to run too hot. However, they have also edged closer to starting the debate about tapering, or reducing, its massive fiscal stimulus plan.\"It feels like everybody is giving a very slow but choreographed message that things are improving, we can at least start talking about talking about tightening,\" said Andrew Mies, chief investment officer at 6 Meridian in Wichita, Kansas.\"It could be that the wrong Fed governor says the wrong thing in the next couple of weeks and that kicks it off.\"Higher yields pressure growth stocks, many of which are technology and tech-related, whose future cash flows are discounted at higher rates.The Dow Jones Industrial Average    rose 10.59 points, or 0.03%, to 34,323.05, the S&P 500    gained 7.86 points, or 0.19%, to 4,195.99 and the Nasdaq Composite    added 80.82 points, or 0.59%, to 13,738.00.After fears of rising inflation sparked volatility in equity markets in recent weeks, all eyes will be on the closely watched monthly U.S. personal consumption report, the Fed's favorite inflation gauge, due later in the week.With the S&P 500 sitting less than 1% away from its record high, strategists expect the benchmark index to end the year only about 2.5% above its current level as concerns over increasing inflationary risks weigh, according to a Reuters poll.Analysts have pointed to the 4,200 level on the S&P 500 as a strong resistance point after several failed attempts to hold above, which could spark more gains should the index manage to convincingly cross.Trading volumes are likely to lessen heading into the extended Memorial Day holiday weekend, which could exacerbate price moves.Amazon    ticked 0.19% higher after announcing it is buying MGM, the U.S. movie studio home to the James Bond franchise, for $8.45 billion, giving it a huge library of films and TV shows and ramping up competition with streaming rivals led by Netflix    and Disney+   .Drug retailers such as Walgreens   , CVS Health    and Rite Aid Corp    all lost ground after a report Amazon is considering the launch of physical pharmacies in the United States.Ford Motor Co    jumped 8.51% higher after it outlined plans to boost spending on its electrification efforts by more than a third.Department store operator Nordstrom Inc    dropped 5.78% after reporting a bigger-than-expected quarterly loss, hurt by price markdowns.Advancing issues outnumbered declining ones on the NYSE by a 2.11-to-1 ratio; on Nasdaq, a 2.95-to-1 ratio favored advancers.The S&P 500 posted 18 new 52-week highs and no new lows; the Nasdaq Composite recorded 62 new highs and 40 new lows.Volume on U.S. exchanges was 9.83 billion shares, compared with the 10.43 billion average for the full session over the last 20 trading days.(Reporting by Chuck Mikolajczak; Editing by Lisa Shumaker)","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"NQmain":0.9,".DJI":0.9,"TQQQ":0.9,"ESmain":0.9,"09086":0.9,"QNETCN":0.9,"IVV":0.9,"03086":0.9,"SQQQ":0.9,".SPX":0.9,"DXD":0.9,"PSQ":0.9,"SPXU":0.9,"OEF":0.9,"UPRO":0.9,"QQQ":0.9,"MNQmain":0.9,"QLD":0.9,"DDM":0.9,"SH":0.9,"SDS":0.9,".IXIC":0.9,"QID":0.9,"SPY":0.9,"SSO":0.9,"OEX":0.9,"DOG":0.9,"UDOW":0.9,"DJX":0.9,"SDOW":0.9}},"isVote":1,"tweetType":1,"viewCount":2771,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3565819252889467","authorId":"3565819252889467","name":"e13v3n","avatar":"https://static.tigerbbs.com/387ab24895655e32d7ddaf87ded7da37","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3565819252889467","idStr":"3565819252889467"},"content":"pl rply comment","text":"pl rply comment","html":"pl rply comment"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138104690,"gmtCreate":1621915203310,"gmtModify":1704364371542,"author":{"id":"3576820250820425","authorId":"3576820250820425","name":"Wei90","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576820250820425","idStr":"3576820250820425"},"themes":[],"htmlText":"Please like and comment. Thanks&nbsp;","listText":"Please like and comment. Thanks&nbsp;","text":"Please like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/138104690","repostId":"2138156640","repostType":4,"repost":{"id":"2138156640","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1621913940,"share":"https://ttm.financial/m/news/2138156640?lang=en_US&edition=fundamental","pubTime":"2021-05-25 11:39","market":"us","language":"en","title":"What next for bitcoin? The path of gold in the 1970s may hold the answer, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=2138156640","media":"Dow Jones","summary":"Critical information for the trading day.Cryptocurrency, the market that never sleeps, is once again","content":"<blockquote><b>Critical information for the trading day.</b></blockquote><p>Cryptocurrency, the market that never sleeps, is once again grabbing the attention of investors.</p><p>Bitcoin  tumbled on Sunday, hitting a 24-hour low of $31,227 -- more than 50% below its mid-April peak  Chief Executive Elon Musk, and a crackdown by China on the sector. The world's No.1 crypto stabilized on Monday, trading close to $38,000.</p><p>Our call of the day comes from Michael O'Rourke, chief market strategist at JonesTrading, who says gold's \"speculative\" gains in the 1970s may offer investors an insight into the future path of bitcoin.</p><p>Bitcoin's rally, climbing 500% from October to its April peak is \"easily <a href=\"https://laohu8.com/S/AONE\">one</a> of the most historic bull runs in financial history,\" O'Rourke said in a note on Sunday, adding that the rally was driven by a lack of trust in federal governments and their spending practices.</p><p>The path of gold  in the 1970s can be seen as a historical parallel, he said, and may provide a \"road map\" for the cryptocurrency.</p><p>He noted that it was also a time of distrust in the government and of high inflation -- three or four times current levels. Then in 1971 President Richard Nixon ended the fixed exchange rate for gold of $35 per ounce. After going nowhere for four decades, gold surged and by January 1980 it had hit $850 per ounce.</p><p>\"Subsequently, history has proven that a large portion of gold's move in the 1970s and early 1980s [was] simply speculative,\" O'Rourke said. Gold plummeted below $300 per ounce later in the 1980s. It wouldn't climb back above $850 until 2008, as O'Rourke notes investors came back to gold during the financial crisis for the same reasons -- central banks printing and dysfunctional governments. The commodity's 45% decline from its 2011 peak to its 2016 trough, opened the door for bitcoin to take over as the \"new proxy for dysfunctional governments and central banks,\" he said.</p><p>The \"novelty\" of gold's re-engagement with market dynamics in the 1970s environment created a \"perfect storm of positivity for the asset.\" The same novelty provided bitcoin with a similar story line for \"speculators to embrace amidst the pandemic fears\" and fiscal and monetary stimulus, he added.</p><p><b>So where does that leave bitcoin?</b></p><p>O'Rourke cited Warren Buffett's comments on gold when it was peaking in 2011, as he warned against \"assets that will never produce anything,\" but are purchased in the hope that someone else will pay more for it in the future. That summary \"almost perfectly matches what we have witnessed from bitcoin over the past seven months,\" the JonesTrading strategist said.</p><p>\"Gold still has a couple of millennia of history as a store value going for it, bitcoin's environmental drawbacks should prove too large to overcome. The ESG [environmental, social and corporate governance] concerns have reversed the cryptocurrency just as the feared inflation is materializing,\" he added.</p><p><b>The tweet</b></p><p>China announced a crackdown on commodity price violations  on Monday, as it blamed rising prices on \"excessive speculation,\" sending metals lower.</p><p><img src=\"https://static.tigerbbs.com/8ea01f2cca010620e73587660199f04f\" tg-width=\"513\" tg-height=\"498\" referrerpolicy=\"no-referrer\"></p><p><b>The markets</b></p><p>U.S. stocks  made substantial gains in early trading on Monday after a second consecutive losing week for the S&amp;P 500  last week. European stocks  edged lower but remained close to record highs, although German and Swiss markets were closed for the Whit Monday holiday.</p><p><b>The buzz</b></p><p>A high-profile opponent of Belarusian President Alexander Lukashenko was arrested on Sunday after a Ryanair (RY4C.DB)flight he was on was diverted to the country . A number of Western countries criticized the move, with European Commission President Ursula von der Leyen calling it \"unacceptable.\"</p><p>Cabot Oil &amp; Gas Corp. and <a href=\"https://laohu8.com/S/XEC\">Cimarex Energy Co</a>. said on Monday they have agreed to an all-stock merger  of equals in a deal with an enterprise value of about $17 billion.</p><p>Nearly 150 people were arrested after raucous celebrations  on a Southern California beach on Saturday, after a birthday party invitation went viral on TikTok.</p><p>Phil Mickelson won golf's PGA Championship on Sunday, and at the age of 50 became the oldest major winner  in the sport's history.</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>What next for bitcoin? The path of gold in the 1970s may hold the answer, strategist says</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\">\nWhat next for bitcoin? The path of gold in the 1970s may hold the answer, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-25 11:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote><b>Critical information for the trading day.</b></blockquote><p>Cryptocurrency, the market that never sleeps, is once again grabbing the attention of investors.</p><p>Bitcoin  tumbled on Sunday, hitting a 24-hour low of $31,227 -- more than 50% below its mid-April peak  Chief Executive Elon Musk, and a crackdown by China on the sector. The world's No.1 crypto stabilized on Monday, trading close to $38,000.</p><p>Our call of the day comes from Michael O'Rourke, chief market strategist at JonesTrading, who says gold's \"speculative\" gains in the 1970s may offer investors an insight into the future path of bitcoin.</p><p>Bitcoin's rally, climbing 500% from October to its April peak is \"easily <a href=\"https://laohu8.com/S/AONE\">one</a> of the most historic bull runs in financial history,\" O'Rourke said in a note on Sunday, adding that the rally was driven by a lack of trust in federal governments and their spending practices.</p><p>The path of gold  in the 1970s can be seen as a historical parallel, he said, and may provide a \"road map\" for the cryptocurrency.</p><p>He noted that it was also a time of distrust in the government and of high inflation -- three or four times current levels. Then in 1971 President Richard Nixon ended the fixed exchange rate for gold of $35 per ounce. After going nowhere for four decades, gold surged and by January 1980 it had hit $850 per ounce.</p><p>\"Subsequently, history has proven that a large portion of gold's move in the 1970s and early 1980s [was] simply speculative,\" O'Rourke said. Gold plummeted below $300 per ounce later in the 1980s. It wouldn't climb back above $850 until 2008, as O'Rourke notes investors came back to gold during the financial crisis for the same reasons -- central banks printing and dysfunctional governments. The commodity's 45% decline from its 2011 peak to its 2016 trough, opened the door for bitcoin to take over as the \"new proxy for dysfunctional governments and central banks,\" he said.</p><p>The \"novelty\" of gold's re-engagement with market dynamics in the 1970s environment created a \"perfect storm of positivity for the asset.\" The same novelty provided bitcoin with a similar story line for \"speculators to embrace amidst the pandemic fears\" and fiscal and monetary stimulus, he added.</p><p><b>So where does that leave bitcoin?</b></p><p>O'Rourke cited Warren Buffett's comments on gold when it was peaking in 2011, as he warned against \"assets that will never produce anything,\" but are purchased in the hope that someone else will pay more for it in the future. That summary \"almost perfectly matches what we have witnessed from bitcoin over the past seven months,\" the JonesTrading strategist said.</p><p>\"Gold still has a couple of millennia of history as a store value going for it, bitcoin's environmental drawbacks should prove too large to overcome. The ESG [environmental, social and corporate governance] concerns have reversed the cryptocurrency just as the feared inflation is materializing,\" he added.</p><p><b>The tweet</b></p><p>China announced a crackdown on commodity price violations  on Monday, as it blamed rising prices on \"excessive speculation,\" sending metals lower.</p><p><img src=\"https://static.tigerbbs.com/8ea01f2cca010620e73587660199f04f\" tg-width=\"513\" tg-height=\"498\" referrerpolicy=\"no-referrer\"></p><p><b>The markets</b></p><p>U.S. stocks  made substantial gains in early trading on Monday after a second consecutive losing week for the S&amp;P 500  last week. European stocks  edged lower but remained close to record highs, although German and Swiss markets were closed for the Whit Monday holiday.</p><p><b>The buzz</b></p><p>A high-profile opponent of Belarusian President Alexander Lukashenko was arrested on Sunday after a Ryanair (RY4C.DB)flight he was on was diverted to the country . A number of Western countries criticized the move, with European Commission President Ursula von der Leyen calling it \"unacceptable.\"</p><p>Cabot Oil &amp; Gas Corp. and <a href=\"https://laohu8.com/S/XEC\">Cimarex Energy Co</a>. said on Monday they have agreed to an all-stock merger  of equals in a deal with an enterprise value of about $17 billion.</p><p>Nearly 150 people were arrested after raucous celebrations  on a Southern California beach on Saturday, after a birthday party invitation went viral on TikTok.</p><p>Phil Mickelson won golf's PGA Championship on Sunday, and at the age of 50 became the oldest major winner  in the sport's history.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"比特币ETF-Grayscale"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138156640","content_text":"Critical information for the trading day.Cryptocurrency, the market that never sleeps, is once again grabbing the attention of investors.Bitcoin  tumbled on Sunday, hitting a 24-hour low of $31,227 -- more than 50% below its mid-April peak  Chief Executive Elon Musk, and a crackdown by China on the sector. The world's No.1 crypto stabilized on Monday, trading close to $38,000.Our call of the day comes from Michael O'Rourke, chief market strategist at JonesTrading, who says gold's \"speculative\" gains in the 1970s may offer investors an insight into the future path of bitcoin.Bitcoin's rally, climbing 500% from October to its April peak is \"easily one of the most historic bull runs in financial history,\" O'Rourke said in a note on Sunday, adding that the rally was driven by a lack of trust in federal governments and their spending practices.The path of gold  in the 1970s can be seen as a historical parallel, he said, and may provide a \"road map\" for the cryptocurrency.He noted that it was also a time of distrust in the government and of high inflation -- three or four times current levels. Then in 1971 President Richard Nixon ended the fixed exchange rate for gold of $35 per ounce. After going nowhere for four decades, gold surged and by January 1980 it had hit $850 per ounce.\"Subsequently, history has proven that a large portion of gold's move in the 1970s and early 1980s [was] simply speculative,\" O'Rourke said. Gold plummeted below $300 per ounce later in the 1980s. It wouldn't climb back above $850 until 2008, as O'Rourke notes investors came back to gold during the financial crisis for the same reasons -- central banks printing and dysfunctional governments. The commodity's 45% decline from its 2011 peak to its 2016 trough, opened the door for bitcoin to take over as the \"new proxy for dysfunctional governments and central banks,\" he said.The \"novelty\" of gold's re-engagement with market dynamics in the 1970s environment created a \"perfect storm of positivity for the asset.\" The same novelty provided bitcoin with a similar story line for \"speculators to embrace amidst the pandemic fears\" and fiscal and monetary stimulus, he added.So where does that leave bitcoin?O'Rourke cited Warren Buffett's comments on gold when it was peaking in 2011, as he warned against \"assets that will never produce anything,\" but are purchased in the hope that someone else will pay more for it in the future. That summary \"almost perfectly matches what we have witnessed from bitcoin over the past seven months,\" the JonesTrading strategist said.\"Gold still has a couple of millennia of history as a store value going for it, bitcoin's environmental drawbacks should prove too large to overcome. The ESG [environmental, social and corporate governance] concerns have reversed the cryptocurrency just as the feared inflation is materializing,\" he added.The tweetChina announced a crackdown on commodity price violations  on Monday, as it blamed rising prices on \"excessive speculation,\" sending metals lower.The marketsU.S. stocks  made substantial gains in early trading on Monday after a second consecutive losing week for the S&P 500  last week. European stocks  edged lower but remained close to record highs, although German and Swiss markets were closed for the Whit Monday holiday.The buzzA high-profile opponent of Belarusian President Alexander Lukashenko was arrested on Sunday after a Ryanair (RY4C.DB)flight he was on was diverted to the country . A number of Western countries criticized the move, with European Commission President Ursula von der Leyen calling it \"unacceptable.\"Cabot Oil & Gas Corp. and Cimarex Energy Co. said on Monday they have agreed to an all-stock merger  of equals in a deal with an enterprise value of about $17 billion.Nearly 150 people were arrested after raucous celebrations  on a Southern California beach on Saturday, after a birthday party invitation went viral on TikTok.Phil Mickelson won golf's PGA Championship on Sunday, and at the age of 50 became the oldest major winner  in the sport's history.","news_type":1,"symbols_score_info":{"GBTC":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":2883,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3574428256060280","authorId":"3574428256060280","name":"KinKin","avatar":"https://static.tigerbbs.com/b4f58c29c0c165071cb594bd19ce588a","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3574428256060280","idStr":"3574428256060280"},"content":"Pla reply my comment. thanks","text":"Pla reply my comment. thanks","html":"Pla reply my comment. thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130378023,"gmtCreate":1621516573862,"gmtModify":1704358900488,"author":{"id":"3576820250820425","authorId":"3576820250820425","name":"Wei90","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576820250820425","idStr":"3576820250820425"},"themes":[],"htmlText":"Please like and comment. Thanks&nbsp;","listText":"Please like and comment. Thanks&nbsp;","text":"Please like and comment. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/130378023","repostId":"1182789334","repostType":4,"repost":{"id":"1182789334","kind":"news","weMediaInfo":{"introduction":"Providing 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":1621514115,"share":"https://ttm.financial/m/news/1182789334?lang=en_US&edition=fundamental","pubTime":"2021-05-20 20:35","market":"us","language":"en","title":"Jobless claims drop more than expected for a new pandemic low","url":"https://stock-news.laohu8.com/highlight/detail?id=1182789334","media":"Tiger Newspress","summary":"KEY POINTSInitial claims for jobless benefits totaled 444,000 last week, better than the 452,000 Dow","content":"<p><b>KEY POINTS</b></p><ul><li>Initial claims for jobless benefits totaled 444,000 last week, better than the 452,000 Dow Jones estimate.</li><li>The total represented a decline from the previous week’s 478,000 and was the lowest since March 14, 2020.</li><li>Continuing claims rose by 111,000 to 3.75 million, though that number runs a week behind.</li></ul><p>The procession of Americans heading to the unemployment line continued to decrease last week, with jobless claims totaling a fresh pandemic-era low of 444,000, the Labor Department reported Thursday.</p><p>Economist surveyed by Dow Jones had been expecting 452,000 new claims as the jobs picture continues to improve thanks to an accelerated economic reopening across the country.</p><p>The total represented a decline from the previous week's 478,000.</p><p><img src=\"https://static.tigerbbs.com/2730cc1e0e4f541057161b54b6833f4b\" tg-width=\"1910\" tg-height=\"1161\"></p><p>For the same period a year ago, claims totaled more than 2.3 million.</p><p>While Federal Reserve officials continue to stress the need for more improvement in the jobs picture, the claims numbers suggest that employment is growing consistently. However, continuing claims edged higher, rising to 3.75 million, an increase of 111,000. Continuing claims run a week behind the headline number.</p><p><img src=\"https://static.tigerbbs.com/21e30b169b0602c5215e2baed80c6d6e\" tg-width=\"1910\" tg-height=\"1161\"></p><p>Still, the numbers overall help provide some optimism after April's stunning disappointment in which nonfarm payrolls grew by just 266,000 against estimates for 1 million.</p><p>A continued strong pace of Covid-19 vaccines has spurred the economic rebound, with the U.S. still administering 1.8 million shots a day.</p><p>Along with the continued slide in the headline number, the total of those receiving benefits tumbled by nearly 900,000 to just shy of 16 million, according to data through May 1.</p><p>Most of the decline came from a decrease in those getting benefits through pandemic-related emergency programs. Enhanced benefits that Congress has authorized related to the pandemic expire in September.</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>Jobless claims drop more than expected for a new pandemic low</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\">\nJobless claims drop more than expected for a new pandemic low\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\">2021-05-20 20:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>KEY POINTS</b></p><ul><li>Initial claims for jobless benefits totaled 444,000 last week, better than the 452,000 Dow Jones estimate.</li><li>The total represented a decline from the previous week’s 478,000 and was the lowest since March 14, 2020.</li><li>Continuing claims rose by 111,000 to 3.75 million, though that number runs a week behind.</li></ul><p>The procession of Americans heading to the unemployment line continued to decrease last week, with jobless claims totaling a fresh pandemic-era low of 444,000, the Labor Department reported Thursday.</p><p>Economist surveyed by Dow Jones had been expecting 452,000 new claims as the jobs picture continues to improve thanks to an accelerated economic reopening across the country.</p><p>The total represented a decline from the previous week's 478,000.</p><p><img src=\"https://static.tigerbbs.com/2730cc1e0e4f541057161b54b6833f4b\" tg-width=\"1910\" tg-height=\"1161\"></p><p>For the same period a year ago, claims totaled more than 2.3 million.</p><p>While Federal Reserve officials continue to stress the need for more improvement in the jobs picture, the claims numbers suggest that employment is growing consistently. However, continuing claims edged higher, rising to 3.75 million, an increase of 111,000. Continuing claims run a week behind the headline number.</p><p><img src=\"https://static.tigerbbs.com/21e30b169b0602c5215e2baed80c6d6e\" tg-width=\"1910\" tg-height=\"1161\"></p><p>Still, the numbers overall help provide some optimism after April's stunning disappointment in which nonfarm payrolls grew by just 266,000 against estimates for 1 million.</p><p>A continued strong pace of Covid-19 vaccines has spurred the economic rebound, with the U.S. still administering 1.8 million shots a day.</p><p>Along with the continued slide in the headline number, the total of those receiving benefits tumbled by nearly 900,000 to just shy of 16 million, according to data through May 1.</p><p>Most of the decline came from a decrease in those getting benefits through pandemic-related emergency programs. Enhanced benefits that Congress has authorized related to the pandemic expire in September.</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182789334","content_text":"KEY POINTSInitial claims for jobless benefits totaled 444,000 last week, better than the 452,000 Dow Jones estimate.The total represented a decline from the previous week’s 478,000 and was the lowest since March 14, 2020.Continuing claims rose by 111,000 to 3.75 million, though that number runs a week behind.The procession of Americans heading to the unemployment line continued to decrease last week, with jobless claims totaling a fresh pandemic-era low of 444,000, the Labor Department reported Thursday.Economist surveyed by Dow Jones had been expecting 452,000 new claims as the jobs picture continues to improve thanks to an accelerated economic reopening across the country.The total represented a decline from the previous week's 478,000.For the same period a year ago, claims totaled more than 2.3 million.While Federal Reserve officials continue to stress the need for more improvement in the jobs picture, the claims numbers suggest that employment is growing consistently. However, continuing claims edged higher, rising to 3.75 million, an increase of 111,000. Continuing claims run a week behind the headline number.Still, the numbers overall help provide some optimism after April's stunning disappointment in which nonfarm payrolls grew by just 266,000 against estimates for 1 million.A continued strong pace of Covid-19 vaccines has spurred the economic rebound, with the U.S. still administering 1.8 million shots a day.Along with the continued slide in the headline number, the total of those receiving benefits tumbled by nearly 900,000 to just shy of 16 million, according to data through May 1.Most of the decline came from a decrease in those getting benefits through pandemic-related emergency programs. Enhanced benefits that Congress has authorized related to the pandemic expire in September.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2577,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}