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tks_82
tks_82
·
2023-11-20
Let's be positive and stay on course to make our live better!
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tks_82
tks_82
·
2023-03-18
Ok
@AmitKukreja：
EXCLUSIVE: An AI Company Tried To Sue Over Palantir's Software...
EXCLUSIVE: An AI Company Tried To Sue Over Palantir's Software...
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tks_82
tks_82
·
2023-03-17
ok
@HoneyMoneySG：
What happens after you escaped a Layoff from the company
What happens after you escaped a Layoff from the company
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tks_82
tks_82
·
2023-03-08
Ok
@Kerry Lutz：
The World According Martin Armstrong Part 3, The Rise of the Neocons
The World According Martin Armstrong Part 3, The Rise of the Neocons
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tks_82
tks_82
·
2023-02-25
Is market going to crash? Let's hope not.
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tks_82
tks_82
·
2023-01-13
Ok
Wall St Ends up As Data Suggests Inflation May Be on Downward Trend
* U.S. consumer prices fall in December* Quarterly results from big banks due Friday* Indexes: Dow u
Wall St Ends up As Data Suggests Inflation May Be on Downward Trend
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tks_82
tks_82
·
2023-01-12
Like pls
Wall St Ends Sharply Higher on Optimism Before Key Inflation Report
* CPI report due Thursday before the bell* Bed, Bath & Beyond extends recent gains* Indexes: Dow up
Wall St Ends Sharply Higher on Optimism Before Key Inflation Report
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tks_82
tks_82
·
2023-01-09
Like pls
Sorry, this post has been deleted
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tks_82
tks_82
·
2023-01-08
Ok
Andurand Says Oil May Surpass $140 a Barrel as Asia Reopens
Oil prices may exceed $140 a barrel this year if Asian economies fully re-open after Covid-related l
Andurand Says Oil May Surpass $140 a Barrel as Asia Reopens
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tks_82
·
2023-01-07
Ok
SGX Weekly Review: Link REIT, Creative Technology and Singapore Retail Sales
Welcome to the latest edition of top stock market highlights.Link REIT (HKSE: 0823)Late last month,
SGX Weekly Review: Link REIT, Creative Technology and Singapore Retail Sales
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Let's hope not.","listText":"Is market going to crash? Let's hope not.","text":"Is market going to crash? Let's hope not.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957222910","isVote":1,"tweetType":1,"viewCount":3261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951716290,"gmtCreate":1673566051711,"gmtModify":1676538856328,"author":{"id":"3581754084854007","authorId":"3581754084854007","name":"tks_82","avatar":"https://community-static.tradeup.com/news/3547658cb0a496157138bc30326aa3d7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581754084854007","idStr":"3581754084854007"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9951716290","repostId":"2303810335","repostType":4,"repost":{"id":"2303810335","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":1673563390,"share":"https://ttm.financial/m/news/2303810335?lang=&edition=fundamental","pubTime":"2023-01-13 06:43","market":"us","language":"en","title":"Wall St Ends up As Data Suggests Inflation May Be on Downward Trend","url":"https://stock-news.laohu8.com/highlight/detail?id=2303810335","media":"Reuters","summary":"* U.S. consumer prices fall in December* Quarterly results from big banks due Friday* Indexes: Dow u","content":"<html><head></head><body><p>* U.S. consumer prices fall in December</p><p>* Quarterly results from big banks due Friday</p><p>* Indexes: Dow up 0.6%, S&P 500 up 0.3%, Nasdaq up 0.6%</p><p><img src=\"https://static.tigerbbs.com/bf60bcb8f2706d6f09a78f5d65623af7\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 12 (Reuters) - U.S. stocks closed slightly higher on Thursday as data showing a fall in consumer prices in December bolstered expectations of less aggressive interest rate hikes from the Federal Reserve.</p><p>U.S consumer prices fell for the first time in more than 2-1/2 years in December, the report showed, giving some hope that inflation was now on a sustained downward trend.</p><p>"Most investors are seeing inflation come down. That's a positive sign, and I would expect earnings to be decent," said Gary Bradshaw, portfolio manager at Hodges Capital Management in Dallas, Texas.</p><p>Friday brings results from a number of big U.S. banks, kicking off the start of the fourth-quarter earnings season for S&P 500 companies.</p><p>Trading was choppy following the CPI data. Rents remained very high in the report, while the labor market remains tight, and inflation is still well above the Fed's target.</p><p>A separate report on Thursday showed weekly jobless claims fell last week.</p><p>But some strategists said the slowdown in U.S. inflation may pave the way for the Fed to be able to bring down consumer prices without badly damaging growth.</p><p>Traders' bets of a 25-basis point rate hike by the Fed in February shot up to 91% after the data, from 77% previously.</p><p>Microsoft shares rose 1.2%, providing the biggest boost to the S&P 500 and Nasdaq, while energy shares also were higher along with oil prices. Energy rose 1.9% and was the day's best performer among sectors.</p><p>The Dow Jones Industrial Average rose 216.96 points, or 0.64%, to 34,189.97, the S&P 500 gained 13.56 points, or 0.34%, to 3,983.17 and the Nasdaq Composite added 69.43 points, or 0.64%, to 11,001.10.</p><p>The S&P 500 is now up 3.7% for the year so far.</p><p>"The (CPI) report confirms that inflation is in a downward trend and that it has reversed," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>Philadelphia Fed President Patrick Harker and St. Louis Fed President James Bullard acknowledged the moderation in prices, but stressed on the need for further monetary policy tightening to bring inflation down to the central bank's target.</p><p>The Fed raised the key rate by 50 basis points in December, after four back-to-back 75-bps hikes.</p><p>Big U.S. banks are forecast to report lower fourth-quarter profits, as lenders stockpile funds to prepare for an economic slowdown.</p><p>Also, overall S&P 500 earnings are expected to have declined year-over-year in the fourth quarter, according to IBES data from Refinitiv, which would be the first quarterly U.S. earnings decline since 2020.</p><p>Tesla Inc shares ended near flat after Bloomberg, citing people familiar with the matter, reported the carmaker has delayed plans to expand its Shanghai factory.</p><p>Volume on U.S. exchanges was 12.14 billion shares, compared with the 10.88 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.75-to-1 ratio; on Nasdaq, a 2.50-to-1 ratio favored advancers.</p><p>The S&P 500 posted 14 new 52-week highs and one new low; the Nasdaq Composite recorded 96 new highs and 16 new lows.</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>Wall St Ends up As Data Suggests Inflation May Be on Downward Trend</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\">\nWall St Ends up As Data Suggests Inflation May Be on Downward Trend\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\">2023-01-13 06:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. consumer prices fall in December</p><p>* Quarterly results from big banks due Friday</p><p>* Indexes: Dow up 0.6%, S&P 500 up 0.3%, Nasdaq up 0.6%</p><p><img src=\"https://static.tigerbbs.com/bf60bcb8f2706d6f09a78f5d65623af7\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 12 (Reuters) - U.S. stocks closed slightly higher on Thursday as data showing a fall in consumer prices in December bolstered expectations of less aggressive interest rate hikes from the Federal Reserve.</p><p>U.S consumer prices fell for the first time in more than 2-1/2 years in December, the report showed, giving some hope that inflation was now on a sustained downward trend.</p><p>"Most investors are seeing inflation come down. That's a positive sign, and I would expect earnings to be decent," said Gary Bradshaw, portfolio manager at Hodges Capital Management in Dallas, Texas.</p><p>Friday brings results from a number of big U.S. banks, kicking off the start of the fourth-quarter earnings season for S&P 500 companies.</p><p>Trading was choppy following the CPI data. Rents remained very high in the report, while the labor market remains tight, and inflation is still well above the Fed's target.</p><p>A separate report on Thursday showed weekly jobless claims fell last week.</p><p>But some strategists said the slowdown in U.S. inflation may pave the way for the Fed to be able to bring down consumer prices without badly damaging growth.</p><p>Traders' bets of a 25-basis point rate hike by the Fed in February shot up to 91% after the data, from 77% previously.</p><p>Microsoft shares rose 1.2%, providing the biggest boost to the S&P 500 and Nasdaq, while energy shares also were higher along with oil prices. Energy rose 1.9% and was the day's best performer among sectors.</p><p>The Dow Jones Industrial Average rose 216.96 points, or 0.64%, to 34,189.97, the S&P 500 gained 13.56 points, or 0.34%, to 3,983.17 and the Nasdaq Composite added 69.43 points, or 0.64%, to 11,001.10.</p><p>The S&P 500 is now up 3.7% for the year so far.</p><p>"The (CPI) report confirms that inflation is in a downward trend and that it has reversed," said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>Philadelphia Fed President Patrick Harker and St. Louis Fed President James Bullard acknowledged the moderation in prices, but stressed on the need for further monetary policy tightening to bring inflation down to the central bank's target.</p><p>The Fed raised the key rate by 50 basis points in December, after four back-to-back 75-bps hikes.</p><p>Big U.S. banks are forecast to report lower fourth-quarter profits, as lenders stockpile funds to prepare for an economic slowdown.</p><p>Also, overall S&P 500 earnings are expected to have declined year-over-year in the fourth quarter, according to IBES data from Refinitiv, which would be the first quarterly U.S. earnings decline since 2020.</p><p>Tesla Inc shares ended near flat after Bloomberg, citing people familiar with the matter, reported the carmaker has delayed plans to expand its Shanghai factory.</p><p>Volume on U.S. exchanges was 12.14 billion shares, compared with the 10.88 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.75-to-1 ratio; on Nasdaq, a 2.50-to-1 ratio favored advancers.</p><p>The S&P 500 posted 14 new 52-week highs and one new low; the Nasdaq Composite recorded 96 new highs and 16 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","BK4550":"红杉资本持仓","BK4539":"次新股","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","BK4079":"房地产服务",".DJI":"道琼斯","MSFT":"微软","TSLA":"特斯拉","BK4581":"高盛持仓","BK4559":"巴菲特持仓","BK4504":"桥水持仓",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2303810335","content_text":"* U.S. consumer prices fall in December* Quarterly results from big banks due Friday* Indexes: Dow up 0.6%, S&P 500 up 0.3%, Nasdaq up 0.6%NEW YORK, Jan 12 (Reuters) - U.S. stocks closed slightly higher on Thursday as data showing a fall in consumer prices in December bolstered expectations of less aggressive interest rate hikes from the Federal Reserve.U.S consumer prices fell for the first time in more than 2-1/2 years in December, the report showed, giving some hope that inflation was now on a sustained downward trend.\"Most investors are seeing inflation come down. That's a positive sign, and I would expect earnings to be decent,\" said Gary Bradshaw, portfolio manager at Hodges Capital Management in Dallas, Texas.Friday brings results from a number of big U.S. banks, kicking off the start of the fourth-quarter earnings season for S&P 500 companies.Trading was choppy following the CPI data. Rents remained very high in the report, while the labor market remains tight, and inflation is still well above the Fed's target.A separate report on Thursday showed weekly jobless claims fell last week.But some strategists said the slowdown in U.S. inflation may pave the way for the Fed to be able to bring down consumer prices without badly damaging growth.Traders' bets of a 25-basis point rate hike by the Fed in February shot up to 91% after the data, from 77% previously.Microsoft shares rose 1.2%, providing the biggest boost to the S&P 500 and Nasdaq, while energy shares also were higher along with oil prices. Energy rose 1.9% and was the day's best performer among sectors.The Dow Jones Industrial Average rose 216.96 points, or 0.64%, to 34,189.97, the S&P 500 gained 13.56 points, or 0.34%, to 3,983.17 and the Nasdaq Composite added 69.43 points, or 0.64%, to 11,001.10.The S&P 500 is now up 3.7% for the year so far.\"The (CPI) report confirms that inflation is in a downward trend and that it has reversed,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.Philadelphia Fed President Patrick Harker and St. Louis Fed President James Bullard acknowledged the moderation in prices, but stressed on the need for further monetary policy tightening to bring inflation down to the central bank's target.The Fed raised the key rate by 50 basis points in December, after four back-to-back 75-bps hikes.Big U.S. banks are forecast to report lower fourth-quarter profits, as lenders stockpile funds to prepare for an economic slowdown.Also, overall S&P 500 earnings are expected to have declined year-over-year in the fourth quarter, according to IBES data from Refinitiv, which would be the first quarterly U.S. earnings decline since 2020.Tesla Inc shares ended near flat after Bloomberg, citing people familiar with the matter, reported the carmaker has delayed plans to expand its Shanghai factory.Volume on U.S. exchanges was 12.14 billion shares, compared with the 10.88 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 3.75-to-1 ratio; on Nasdaq, a 2.50-to-1 ratio favored advancers.The S&P 500 posted 14 new 52-week highs and one new low; the Nasdaq Composite recorded 96 new highs and 16 new lows.","news_type":1,"symbols_score_info":{".DJI":0.9,"MSFT":0.9,"TSLA":0.9,".SPX":0.6,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2842,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9951626769,"gmtCreate":1673479317852,"gmtModify":1676538842625,"author":{"id":"3581754084854007","authorId":"3581754084854007","name":"tks_82","avatar":"https://community-static.tradeup.com/news/3547658cb0a496157138bc30326aa3d7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581754084854007","idStr":"3581754084854007"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9951626769","repostId":"2302840328","repostType":4,"repost":{"id":"2302840328","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":1673476494,"share":"https://ttm.financial/m/news/2302840328?lang=&edition=fundamental","pubTime":"2023-01-12 06:34","market":"us","language":"en","title":"Wall St Ends Sharply Higher on Optimism Before Key Inflation Report","url":"https://stock-news.laohu8.com/highlight/detail?id=2302840328","media":"Reuters","summary":"* CPI report due Thursday before the bell* Bed, Bath & Beyond extends recent gains* Indexes: Dow up ","content":"<html><head></head><body><p>* CPI report due Thursday before the bell</p><p>* Bed, Bath & Beyond extends recent gains</p><p>* Indexes: Dow up 0.8%, S&P 500 up 1.3%, Nasdaq up 1.8%</p><p><img src=\"https://static.tigerbbs.com/f423a7d52d3e3199f0c20726990a22ba\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 11 (Reuters) - U.S. stocks ended up sharply on Wednesday, with the S&P 500 and Nasdaq gaining more than 1% each as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on its aggressive interest rate hikes.</p><p>The much-anticipated report due on Thursday is projected by economists polled by Reuters to show U.S. consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% rise in November.</p><p>Among sectors, real estate and consumer discretionary were the day's strongest performers, while Microsoft, Amazon.com and other mega-cap growth names gave the S&P 500 its biggest boost.</p><p>The benchmark index is up so far for 2023 after falling sharply last year. Hopes that the Fed could soon ease back on its aggressive tightening after raising the federal funds rate seven times in 2022 have boosted the market in recent sessions, even as comments by some Fed officials have supported the view that the central bank needs to remain vigilant about raising rates to fight inflation.</p><p>"Investors are anticipating that we're closer to a pause than at any other point last year," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. He said that would be welcomed by the market.</p><p>Also, "any time you have a down year, it's not surprising many times to have a reversal at the start of the new year," he said.</p><p>The Dow Jones Industrial Average rose 268.91 points, or 0.8%, to 33,973.01, the S&P 500 gained 50.36 points, or 1.28%, to 3,969.61 and the Nasdaq Composite added 189.04 points, or 1.76%, to 10,931.67.</p><p>Money market participants see a 75% chance the Fed will raise the benchmark rate by 25 basis points in February.</p><p>This week also marks the start of the fourth-quarter earnings season for S&P 500 companies, with overall S&P 500 earnings expected to have declined year-over-year, according to IBES data from Refinitiv.</p><p>The biggest U.S. banks, which kick off the season later this week, are expected to report lower quarterly earnings as risks of a recession rise due to monetary policy tightening.</p><p>Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, a source familiar with the matter said. Shares of Goldman Sachs ended up 2%.</p><p>Retailer Bed Bath & Beyond Inc sharply extended recent gains to end up 68.6% despite bleak quarterly results, with some investors speculating it could be a potential acquisition target.</p><p>Volume on U.S. exchanges was 11.42 billion shares, compared with the 11 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.78-to-1 ratio; on Nasdaq, a 2.25-to-1 ratio favored advancers.</p><p>The S&P 500 posted 11 new 52-week highs and 1 new low; the Nasdaq Composite recorded 98 new highs and 20 new lows.</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>Wall St Ends Sharply Higher on Optimism Before Key Inflation Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nWall St Ends Sharply Higher on Optimism Before Key Inflation Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-01-12 06:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* CPI report due Thursday before the bell</p><p>* Bed, Bath & Beyond extends recent gains</p><p>* Indexes: Dow up 0.8%, S&P 500 up 1.3%, Nasdaq up 1.8%</p><p><img src=\"https://static.tigerbbs.com/f423a7d52d3e3199f0c20726990a22ba\" tg-width=\"1080\" tg-height=\"1920\" width=\"100%\" height=\"auto\"/></p><p>NEW YORK, Jan 11 (Reuters) - U.S. stocks ended up sharply on Wednesday, with the S&P 500 and Nasdaq gaining more than 1% each as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on its aggressive interest rate hikes.</p><p>The much-anticipated report due on Thursday is projected by economists polled by Reuters to show U.S. consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% rise in November.</p><p>Among sectors, real estate and consumer discretionary were the day's strongest performers, while Microsoft, Amazon.com and other mega-cap growth names gave the S&P 500 its biggest boost.</p><p>The benchmark index is up so far for 2023 after falling sharply last year. Hopes that the Fed could soon ease back on its aggressive tightening after raising the federal funds rate seven times in 2022 have boosted the market in recent sessions, even as comments by some Fed officials have supported the view that the central bank needs to remain vigilant about raising rates to fight inflation.</p><p>"Investors are anticipating that we're closer to a pause than at any other point last year," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. He said that would be welcomed by the market.</p><p>Also, "any time you have a down year, it's not surprising many times to have a reversal at the start of the new year," he said.</p><p>The Dow Jones Industrial Average rose 268.91 points, or 0.8%, to 33,973.01, the S&P 500 gained 50.36 points, or 1.28%, to 3,969.61 and the Nasdaq Composite added 189.04 points, or 1.76%, to 10,931.67.</p><p>Money market participants see a 75% chance the Fed will raise the benchmark rate by 25 basis points in February.</p><p>This week also marks the start of the fourth-quarter earnings season for S&P 500 companies, with overall S&P 500 earnings expected to have declined year-over-year, according to IBES data from Refinitiv.</p><p>The biggest U.S. banks, which kick off the season later this week, are expected to report lower quarterly earnings as risks of a recession rise due to monetary policy tightening.</p><p>Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, a source familiar with the matter said. Shares of Goldman Sachs ended up 2%.</p><p>Retailer Bed Bath & Beyond Inc sharply extended recent gains to end up 68.6% despite bleak quarterly results, with some investors speculating it could be a potential acquisition target.</p><p>Volume on U.S. exchanges was 11.42 billion shares, compared with the 11 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.78-to-1 ratio; on Nasdaq, a 2.25-to-1 ratio favored advancers.</p><p>The S&P 500 posted 11 new 52-week highs and 1 new low; the Nasdaq Composite recorded 98 new highs and 20 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","BK4524":"宅经济概念","BK4581":"高盛持仓","BK4554":"元宇宙及AR概念","BK4527":"明星科技股","BBBY":"Bed Bath & Beyond, Inc.","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1 Acc SGD-H","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","BK4534":"瑞士信贷持仓","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD) INC","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD",".DJI":"道琼斯","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD",".IXIC":"NASDAQ Composite","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","GS":"高盛","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc",".SPX":"S&P 500 Index","BK4535":"淡马锡持仓","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","MSFT":"微软","LU0354030511.USD":"ALLSPRING U.S. LARGE CAP GROWTH \"I\" (USD) ACC","BK4178":"家庭装饰零售","BK4559":"巴菲特持仓","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0354030438.USD":"富国美国大盘成长基金Cl A Acc","BK4579":"人工智能","AMZN":"亚马逊","BK4550":"红杉资本持仓","BK4507":"流媒体概念","BK4548":"巴美列捷福持仓","BK4552":"Archegos爆仓风波概念","LU0528227936.USD":"富达环球人口趋势基金A-ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2302840328","content_text":"* CPI report due Thursday before the bell* Bed, Bath & Beyond extends recent gains* Indexes: Dow up 0.8%, S&P 500 up 1.3%, Nasdaq up 1.8%NEW YORK, Jan 11 (Reuters) - U.S. stocks ended up sharply on Wednesday, with the S&P 500 and Nasdaq gaining more than 1% each as investors were optimistic ahead of an inflation report that could give the Federal Reserve room to dial back on its aggressive interest rate hikes.The much-anticipated report due on Thursday is projected by economists polled by Reuters to show U.S. consumer prices grew 6.5% year-on-year in December, moderating from a 7.1% rise in November.Among sectors, real estate and consumer discretionary were the day's strongest performers, while Microsoft, Amazon.com and other mega-cap growth names gave the S&P 500 its biggest boost.The benchmark index is up so far for 2023 after falling sharply last year. Hopes that the Fed could soon ease back on its aggressive tightening after raising the federal funds rate seven times in 2022 have boosted the market in recent sessions, even as comments by some Fed officials have supported the view that the central bank needs to remain vigilant about raising rates to fight inflation.\"Investors are anticipating that we're closer to a pause than at any other point last year,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. He said that would be welcomed by the market.Also, \"any time you have a down year, it's not surprising many times to have a reversal at the start of the new year,\" he said.The Dow Jones Industrial Average rose 268.91 points, or 0.8%, to 33,973.01, the S&P 500 gained 50.36 points, or 1.28%, to 3,969.61 and the Nasdaq Composite added 189.04 points, or 1.76%, to 10,931.67.Money market participants see a 75% chance the Fed will raise the benchmark rate by 25 basis points in February.This week also marks the start of the fourth-quarter earnings season for S&P 500 companies, with overall S&P 500 earnings expected to have declined year-over-year, according to IBES data from Refinitiv.The biggest U.S. banks, which kick off the season later this week, are expected to report lower quarterly earnings as risks of a recession rise due to monetary policy tightening.Goldman Sachs began laying off staff on Wednesday in a sweeping cost-cutting drive, a source familiar with the matter said. Shares of Goldman Sachs ended up 2%.Retailer Bed Bath & Beyond Inc sharply extended recent gains to end up 68.6% despite bleak quarterly results, with some investors speculating it could be a potential acquisition target.Volume on U.S. exchanges was 11.42 billion shares, compared with the 11 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 3.78-to-1 ratio; on Nasdaq, a 2.25-to-1 ratio favored advancers.The S&P 500 posted 11 new 52-week highs and 1 new low; the Nasdaq Composite recorded 98 new highs and 20 new lows.","news_type":1,"symbols_score_info":{"MSFT":0.9,"AMZN":0.9,".SPX":0.9,"BBBY":0.9,".IXIC":0.9,".DJI":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":2860,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953886737,"gmtCreate":1673220191129,"gmtModify":1676538800040,"author":{"id":"3581754084854007","authorId":"3581754084854007","name":"tks_82","avatar":"https://community-static.tradeup.com/news/3547658cb0a496157138bc30326aa3d7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581754084854007","idStr":"3581754084854007"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953886737","repostId":"2302713787","repostType":4,"isVote":1,"tweetType":1,"viewCount":3191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9953963231,"gmtCreate":1673138858623,"gmtModify":1676538790576,"author":{"id":"3581754084854007","authorId":"3581754084854007","name":"tks_82","avatar":"https://community-static.tradeup.com/news/3547658cb0a496157138bc30326aa3d7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581754084854007","idStr":"3581754084854007"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9953963231","repostId":"1109061340","repostType":4,"repost":{"id":"1109061340","kind":"news","pubTimestamp":1673057486,"share":"https://ttm.financial/m/news/1109061340?lang=&edition=fundamental","pubTime":"2023-01-07 10:11","market":"fut","language":"en","title":"Andurand Says Oil May Surpass $140 a Barrel as Asia Reopens","url":"https://stock-news.laohu8.com/highlight/detail?id=1109061340","media":"Bloomberg","summary":"Oil prices may exceed $140 a barrel this year if Asian economies fully re-open after Covid-related l","content":"<div>\n<p>Oil prices may exceed $140 a barrel this year if Asian economies fully re-open after Covid-related lockdowns, according to hedge fund manager Pierre Andurand.Even with a weak macroeconomic background ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-06/andurand-says-oil-may-surpass-140-a-barrel-as-asia-reopens\">Web Link</a>\n\n</div>\n","source":"lsy1584095487587","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>Andurand Says Oil May Surpass $140 a Barrel as Asia Reopens</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; 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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\">\nAndurand Says Oil May Surpass $140 a Barrel as Asia Reopens\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-07 10:11 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-01-06/andurand-says-oil-may-surpass-140-a-barrel-as-asia-reopens><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil prices may exceed $140 a barrel this year if Asian economies fully re-open after Covid-related lockdowns, according to hedge fund manager Pierre Andurand.Even with a weak macroeconomic background ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-01-06/andurand-says-oil-may-surpass-140-a-barrel-as-asia-reopens\">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.bloomberg.com/news/articles/2023-01-06/andurand-says-oil-may-surpass-140-a-barrel-as-asia-reopens","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109061340","content_text":"Oil prices may exceed $140 a barrel this year if Asian economies fully re-open after Covid-related lockdowns, according to hedge fund manager Pierre Andurand.Even with a weak macroeconomic background this year, oil demand could grow by more than 4 million barrels a day, or about 4%, roughly double the amount expected by leading forecasters, Andurand said in an interview. The trader’s main commodities fund capped a third year of stellar gains in 2022 with an advance of 59%.“I think oil will go upwards of $140 a barrel once Asia fully reopens, assuming there will be no more lockdowns,” Andurand said. The “market is underestimating the scale of the demand boost that it will bring.”Crude prices have had a shaky start to the year, retreating 8% as China’s reopening brings a surge in Covid cases and fears persist over a potential recession in the US. Brent futures traded near $79 a barrel in London on Friday.The Andurand Commodities Discretionary Enhanced Fund returned about 59% last year, paring gains that reached 160% at one point. The performance still marks a strong three-year run, following advances of 154% and 87% in 2020 and 2021, respectively. The firm’s total assets under management have climbed to about $1.4 billion from $950 million at the beginning of last year.“The reason why jet demand is still 2.5 million barrels a day below 2019 levels is because China has not reopened yet, and other Asian countries have only just started reopening,” Andurand said.Oil rallied in the first half of 2022 as supply “barely grew” while demand recovered, and worries emerged over Russian exports following its invasion of Ukraine, Andurand said. The trader had said last year that oil might reach $200 a barrel in the wake of Russia’s invasion of Ukraine.Brent crude rose as high as $139 in March. Prices then weakened in the second half because of a 4 million barrel-a-day surge in supply, coupled with weaker demand in China and countries of the former Soviet Union, he said.Andurand’s success underscores the massive profits some traders have made as supply-chain disruptions and Russia’s invasion of Ukraine triggered a rally in oil and other commodities. Russian exports are poised to slump 1 million barrels a day from pre-invasion levels as sanctions take a toll, he predicts.","news_type":1,"symbols_score_info":{"BZmain":0.9,"CLmain":0.9}},"isVote":1,"tweetType":1,"viewCount":3038,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959466480,"gmtCreate":1673052387540,"gmtModify":1676538774497,"author":{"id":"3581754084854007","authorId":"3581754084854007","name":"tks_82","avatar":"https://community-static.tradeup.com/news/3547658cb0a496157138bc30326aa3d7","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3581754084854007","idStr":"3581754084854007"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9959466480","repostId":"1178776404","repostType":4,"repost":{"id":"1178776404","kind":"news","pubTimestamp":1673049366,"share":"https://ttm.financial/m/news/1178776404?lang=&edition=fundamental","pubTime":"2023-01-07 07:56","market":"sg","language":"en","title":"SGX Weekly Review: Link REIT, Creative Technology and Singapore Retail Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=1178776404","media":"The Smart Investor","summary":"Welcome to the latest edition of top stock market highlights.Link REIT (HKSE: 0823)Late last month, ","content":"<html><head></head><body><p>Welcome to the latest edition of top stock market highlights.</p><p><b>Link REIT (HKSE: 0823)</b></p><p>Late last month, Link REIT, Asia’s largest REIT, announced that it will buy a portfolio of Singapore shopping malls for S$2.16 billion from Mercatus Co-operative, a unit of NTUC Enterprise.</p><p>Back in August, there were rumours that several REITs such as <b>Frasers Centrepoint Trust</b> (SGX: J69U) and <b>CapitaLand Integrated Commercial Trust</b> (SGX: C38U) were bidding for Mercatus’ assets.</p><p>But in the end, Link REIT secured the deal.</p><p>As part of the transaction, HK-based REIT will gain ownership of two suburban retail malls in Singapore – Jurong Point and Swing By @ Thomson Plaza.</p><p>In addition, the REIT will enter into a 10-year asset and property management agreement for a third suburban mall, AMK Hub.</p><p>Mercatus will remain the owner of AMK Hub.</p><p>Both properties enjoy almost full occupancy and generate an annualised net property income of S$106 million as of October 2022.</p><p>Jurong Point is one of Singapore’s largest suburban malls with 720,000 square feet of net lettable area (NLA) with an average footfall of five million per month.</p><p>Swing By @ Thomson Plaza has an NLA of 110,000 square feet and is located next to the Thomson-East Coast MRT Line.</p><p>Link REIT will fund the acquisition using a mixture of cash and debt, with its gearing rising from 23.2% to 27.1% as of 30 September 2022 after this transaction.</p><p>The purchase is expected to close by 31 March 2023.</p><p><b>Creative Technology Ltd (SGX: C76)</b></p><p>Creative Technology, a company that provides technical solutions for the event, experiential and installation markets, announced on 4 January that its founder and CEO, Mr Sim Wong Hoo, had passed away.</p><p>Sim would have turned 68 this year.</p><p>He founded the business back in 1981 and has led the company since its inception.</p><p>Following Sim’s demise, Song Siow Hui, president of the company’s Creative Labs business unit, was named interim CEO.</p><p>Creative Technology made history in 1991 by being the first company to list its shares on the NASDAQ Composite Index.</p><p>Three years later, the technology company dual-listed its shares on the <b>Singapore Exchange Limited</b> (SGX: S68).</p><p>Creative is best known for its Sound Blaster Card, launched in 1989.</p><p>At the time, the sound card was a game-changer for the industry as it opened the door for personal computers to produce high-quality sound.</p><p>For his contributions, Sim was named Businessman of the Year twice – in 1992 and 1997, during the Singapore Business Awards.</p><p>As it stands, Sim was the only substantial shareholder in Creative Technology, holding a third of its shares based on its latest fiscal 2022’s annual report.</p><p>The company, however, is now a pale shadow of its former self.</p><p>For its most recent fiscal 2022 ending 30 June 2022, it reported a 27% year on year decline in sales to S$61.3 million.</p><p>Gross profit fell by 31% year on year to S$19.5 million and the company reported a net loss of S$11 million, higher compared to the prior year’s S$7.7 million net loss.</p><p>Unfortunately, Creative Technology has reported three consecutive years of losses.</p><p><b>Singapore retail sales</b></p><p>Singapore’s retail sales posted a healthy increase for November, rising by 6.2% year on year to S$4 billion.</p><p>If cars are excluded, retail sales would have risen by 8.7% year on year to S$3.6 billion.</p><p>Of the total amount, 14.8% of the sales were made online, or around S$592 million.</p><p>The three main categories for online sales were computers and telecommunication equipment (51.4%), furniture and household equipment (34.2%) and supermarkets and hypermarkets (14.5%).</p><p>The higher online sales proportion can be attributed to year-end shopping events such as Singles’ Day and Black Friday.</p><p>The numbers are good news for Singapore’s economy as it demonstrates robust demand for consumer goods.</p><p>Yet, the outlook ahead looks cloudy for Singapore’s economy.</p><p>For 2022, the economy’s growth slowed to 3.8%, achieving just half the growth that the nation chalked up in 2021.</p><p>Worryingly, the manufacturing sector saw a 3% year-on-year contraction in the fourth quarter, the first contraction since the fourth quarter of 2020.</p><p>International Monetary Fund (IMF) managing director Kristalina Georgieva warned that 2023 will be a tougher year compared with last year.</p><p>Global economic growth is expected to slow further to 2.7% this year from 3.2% in 2022, with one-third of the world economy projected to be in arecession.</p><p>Should this economic tsunami wash over Singapore, it could severely crimp retail sales this year and lead to a curtailing of consumer spending as more people tighten their belts.</p></body></html>","source":"lsy1602567310727","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>SGX Weekly Review: Link REIT, Creative Technology and Singapore Retail Sales</title>\n<style 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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\">\nSGX Weekly Review: Link REIT, Creative Technology and Singapore Retail Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-07 07:56 GMT+8 <a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-link-reit-creative-technology-and-singapore-retail-sales/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Welcome to the latest edition of top stock market highlights.Link REIT (HKSE: 0823)Late last month, Link REIT, Asia’s largest REIT, announced that it will buy a portfolio of Singapore shopping malls ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-link-reit-creative-technology-and-singapore-retail-sales/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-link-reit-creative-technology-and-singapore-retail-sales/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178776404","content_text":"Welcome to the latest edition of top stock market highlights.Link REIT (HKSE: 0823)Late last month, Link REIT, Asia’s largest REIT, announced that it will buy a portfolio of Singapore shopping malls for S$2.16 billion from Mercatus Co-operative, a unit of NTUC Enterprise.Back in August, there were rumours that several REITs such as Frasers Centrepoint Trust (SGX: J69U) and CapitaLand Integrated Commercial Trust (SGX: C38U) were bidding for Mercatus’ assets.But in the end, Link REIT secured the deal.As part of the transaction, HK-based REIT will gain ownership of two suburban retail malls in Singapore – Jurong Point and Swing By @ Thomson Plaza.In addition, the REIT will enter into a 10-year asset and property management agreement for a third suburban mall, AMK Hub.Mercatus will remain the owner of AMK Hub.Both properties enjoy almost full occupancy and generate an annualised net property income of S$106 million as of October 2022.Jurong Point is one of Singapore’s largest suburban malls with 720,000 square feet of net lettable area (NLA) with an average footfall of five million per month.Swing By @ Thomson Plaza has an NLA of 110,000 square feet and is located next to the Thomson-East Coast MRT Line.Link REIT will fund the acquisition using a mixture of cash and debt, with its gearing rising from 23.2% to 27.1% as of 30 September 2022 after this transaction.The purchase is expected to close by 31 March 2023.Creative Technology Ltd (SGX: C76)Creative Technology, a company that provides technical solutions for the event, experiential and installation markets, announced on 4 January that its founder and CEO, Mr Sim Wong Hoo, had passed away.Sim would have turned 68 this year.He founded the business back in 1981 and has led the company since its inception.Following Sim’s demise, Song Siow Hui, president of the company’s Creative Labs business unit, was named interim CEO.Creative Technology made history in 1991 by being the first company to list its shares on the NASDAQ Composite Index.Three years later, the technology company dual-listed its shares on the Singapore Exchange Limited (SGX: S68).Creative is best known for its Sound Blaster Card, launched in 1989.At the time, the sound card was a game-changer for the industry as it opened the door for personal computers to produce high-quality sound.For his contributions, Sim was named Businessman of the Year twice – in 1992 and 1997, during the Singapore Business Awards.As it stands, Sim was the only substantial shareholder in Creative Technology, holding a third of its shares based on its latest fiscal 2022’s annual report.The company, however, is now a pale shadow of its former self.For its most recent fiscal 2022 ending 30 June 2022, it reported a 27% year on year decline in sales to S$61.3 million.Gross profit fell by 31% year on year to S$19.5 million and the company reported a net loss of S$11 million, higher compared to the prior year’s S$7.7 million net loss.Unfortunately, Creative Technology has reported three consecutive years of losses.Singapore retail salesSingapore’s retail sales posted a healthy increase for November, rising by 6.2% year on year to S$4 billion.If cars are excluded, retail sales would have risen by 8.7% year on year to S$3.6 billion.Of the total amount, 14.8% of the sales were made online, or around S$592 million.The three main categories for online sales were computers and telecommunication equipment (51.4%), furniture and household equipment (34.2%) and supermarkets and hypermarkets (14.5%).The higher online sales proportion can be attributed to year-end shopping events such as Singles’ Day and Black Friday.The numbers are good news for Singapore’s economy as it demonstrates robust demand for consumer goods.Yet, the outlook ahead looks cloudy for Singapore’s economy.For 2022, the economy’s growth slowed to 3.8%, achieving just half the growth that the nation chalked up in 2021.Worryingly, the manufacturing sector saw a 3% year-on-year contraction in the fourth quarter, the first contraction since the fourth quarter of 2020.International Monetary Fund (IMF) managing director Kristalina Georgieva warned that 2023 will be a tougher year compared with last year.Global economic growth is expected to slow further to 2.7% this year from 3.2% in 2022, with one-third of the world economy projected to be in arecession.Should this economic tsunami wash over Singapore, it could severely crimp retail sales this year and lead to a curtailing of consumer spending as more people tighten their belts.","news_type":1,"symbols_score_info":{"STI.SI":0.9}},"isVote":1,"tweetType":1,"viewCount":3086,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}