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mebugsbunny
mebugsbunny
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2022-01-11
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High-flying Devon Energy Downgraded at BofA; Suncor Leads List of Oil Favorites
Oil and gas stocks rose more than any other sector in 2021, and Devon Energy's(NYSE:DVN)173% gain wa
High-flying Devon Energy Downgraded at BofA; Suncor Leads List of Oil Favorites
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mebugsbunny
mebugsbunny
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2022-01-04
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Job Openings Reach 10.6 Million in November as Tight Labor Market Persists
Demand for workers in the U.S. remained historically elevated in November, with job openings holding
Job Openings Reach 10.6 Million in November as Tight Labor Market Persists
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mebugsbunny
mebugsbunny
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2021-08-10
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mebugsbunny
mebugsbunny
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2021-08-05
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2021-08-04
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Lyft Results Beat Expectations. Here’s Why the Stock Is Falling
(Aug 4) Lyftstock tumbled Wednesday despite itsbetter-than-expected June quarter results, as investo
Lyft Results Beat Expectations. Here’s Why the Stock Is Falling
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mebugsbunny
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2021-07-26
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Asian Markets Mostly Lower Amid Virus Concerns
Asian stock markets are trading mostly lower on Monday, ignoring the broadly positive cues from Wall
Asian Markets Mostly Lower Amid Virus Concerns
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mebugsbunny
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2021-07-25
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mebugsbunny
mebugsbunny
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2021-07-22
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2021-07-17
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2021-07-14
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S&P 500 and Nasdaq end down after hitting record highs
JPMorgan drops amid low interest rates U.S. consumer prices surge in June Boeing slips on new produc
S&P 500 and Nasdaq end down after hitting record highs
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08:50","market":"us","language":"en","title":"High-flying Devon Energy Downgraded at BofA; Suncor Leads List of Oil Favorites","url":"https://stock-news.laohu8.com/highlight/detail?id=1148753383","media":"Seeking Alpha","summary":"Oil and gas stocks rose more than any other sector in 2021, and Devon Energy's(NYSE:DVN)173% gain wa","content":"<html><head></head><body><ul><li>Oil and gas stocks rose more than any other sector in 2021, and Devon Energy's(NYSE:DVN)173% gain was the best on the S&P 500 for the year, but Bank of America analyst Doug Leggate thinks Devon and some other top names likely are ready to take a breather.</li><li>Leggate downgrades Devon and Pioneer Natural Resources(NYSE:PXD)to Neutral from Buy, with respective $57 and $234 price targets, while cutting Marathon Oil(NYSE:MRO)and Coterra Energy(NYSE:CTRA)to Underperform from Neutral with $19 and $23 PTs, respectively.</li><li>In addition to the ratings changes, Leggate lists Suncor Energy(NYSE:SU)among his top ideas in the sector, citing its sector-low $35/bbl breakeven price and its dividend coverage, "setting the stage for leading cash return growth off an already compelling yield proposition (~5.3% dividend yield)."</li><li>Leggate also likes APA Corp.(NASDAQ:APA), ConocoPhillips(NYSE:COP), EOG Resources(NYSE:EOG), Exxon Mobil(NYSE:XOM), Hess(NYSE:HES), Occidental Petroleum(NYSE:OXY)and Ovintiv(NYSE:OVV)as his other top oil and gas picks for 2022.</li><li>Overall, Leggate sees U.S. oil stocks with ~30% valuation upside, even as the market takes a more rational approach to the transition to clean energy, as the capex discipline of recent years has positioned the group to return an unprecedented amount of cash to investors.</li><li>BofA also initiated Chesapeake Energy with aBuy rating and $90 price target.</li></ul></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>High-flying Devon Energy Downgraded at BofA; Suncor Leads List of Oil Favorites</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\">\nHigh-flying Devon Energy Downgraded at BofA; Suncor Leads List of Oil Favorites\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-11 08:50 GMT+8 <a href=https://seekingalpha.com/news/3786909-high-flying-devon-energy-downgraded-at-bofa-suncor-leads-list-of-oil-favorites><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Oil and gas stocks rose more than any other sector in 2021, and Devon Energy's(NYSE:DVN)173% gain was the best on the S&P 500 for the year, but Bank of America analyst Doug Leggate thinks Devon and ...</p>\n\n<a href=\"https://seekingalpha.com/news/3786909-high-flying-devon-energy-downgraded-at-bofa-suncor-leads-list-of-oil-favorites\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SU":"森科能源","DVN":"德文能源"},"source_url":"https://seekingalpha.com/news/3786909-high-flying-devon-energy-downgraded-at-bofa-suncor-leads-list-of-oil-favorites","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148753383","content_text":"Oil and gas stocks rose more than any other sector in 2021, and Devon Energy's(NYSE:DVN)173% gain was the best on the S&P 500 for the year, but Bank of America analyst Doug Leggate thinks Devon and some other top names likely are ready to take a breather.Leggate downgrades Devon and Pioneer Natural Resources(NYSE:PXD)to Neutral from Buy, with respective $57 and $234 price targets, while cutting Marathon Oil(NYSE:MRO)and Coterra Energy(NYSE:CTRA)to Underperform from Neutral with $19 and $23 PTs, respectively.In addition to the ratings changes, Leggate lists Suncor Energy(NYSE:SU)among his top ideas in the sector, citing its sector-low $35/bbl breakeven price and its dividend coverage, \"setting the stage for leading cash return growth off an already compelling yield proposition (~5.3% dividend yield).\"Leggate also likes APA Corp.(NASDAQ:APA), ConocoPhillips(NYSE:COP), EOG Resources(NYSE:EOG), Exxon Mobil(NYSE:XOM), Hess(NYSE:HES), Occidental Petroleum(NYSE:OXY)and Ovintiv(NYSE:OVV)as his other top oil and gas picks for 2022.Overall, Leggate sees U.S. oil stocks with ~30% valuation upside, even as the market takes a more rational approach to the transition to clean energy, as the capex discipline of recent years has positioned the group to return an unprecedented amount of cash to investors.BofA also initiated Chesapeake Energy with aBuy rating and $90 price 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Openings Reach 10.6 Million in November as Tight Labor Market Persists","url":"https://stock-news.laohu8.com/highlight/detail?id=1108070113","media":"Yahoo Finance","summary":"Demand for workers in the U.S. remained historically elevated in November, with job openings holding","content":"<html><head></head><body><p>Demand for workers in the U.S. remained historically elevated in November, with job openings holding near a record high amid the ongoing pandemic.</p><p>Vacancies totaled 10.562 million in November, according to the Labor Department's Job Openings and Labor Turnover Summary (JOLTS) released Tuesday.This comes is slightly lower than the 11.033 million in October, based on the government's first estimate for the month. Consensus economists were looking for job openings to rise to 11.079 million in November, according to Bloomberg data.</p><p>Tuesday's report extends a streak of elevated readings on job openings. Vacancies rose throughout early 2021 and reached a record high of 11.098 million in July, and have retreated only modestly since then.</p><p>And while the JOLTS report for November does not yet capture any meaningful impact from the Omicron variant discovered around Thanksgiving, some economists suggested labor shortages may be exacerbated at least in the near-term due to the latest surge.</p><p>"Looking ahead, the Omicron variant wave will likely lead to some short-term weakness in the labor market," Sam Bullard, senior economist for Wells Fargo, wrote in a note published earlier this week. "However, we believe this will be temporary and that the pace of hiring should pick back up by the spring."</p><p>The JOLTS data also adds to a slew of other reports pointing to the persistent tightness in the U.S. labor market. The last monthly jobs report from the Labor Department showed a disappointing 210,000 non-farm payrolls came back in the penultimate month of last year.The labor force participation rate remained depressed compared to pre-pandemic levels, and the civilian labor force was still down by about 2.4 million participants versus levels from February 2020. And according to the latest NFIB Small Business Optimism report,nearly half of surveyed owners said they had job openings that could not be filled in November. The December jobs report is slated to be released on Friday.</p><p>But while labor shortages have continued to strain employers seeking to fill positions, leverage among workers has increased. Average hourly earnings last rose at a 4.8% year-over-year clip in November, though this rise was dwarfed by the 6.8% jump in U.S. consumer prices during the same month,according to data from the Bureau of Labor Statistics.</p><p>And the Conference Board's consumer confidence survey last month showed a labor differential — or percentage of those saying jobs were "plentiful" less those saying jobs were "hard to get" — that was still elevated on a historical basis, suggesting workers were still finding it relatively easy to find jobs.</p><p></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>Job Openings Reach 10.6 Million in November as Tight Labor Market Persists</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\">\nJob Openings Reach 10.6 Million in November as Tight Labor Market Persists\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-04 23:07 GMT+8 <a href=https://finance.yahoo.com/news/jolts-job-openings-labor-department-november-2021-150154251.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Demand for workers in the U.S. remained historically elevated in November, with job openings holding near a record high amid the ongoing pandemic.Vacancies totaled 10.562 million in November, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/jolts-job-openings-labor-department-november-2021-150154251.html\">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://finance.yahoo.com/news/jolts-job-openings-labor-department-november-2021-150154251.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108070113","content_text":"Demand for workers in the U.S. remained historically elevated in November, with job openings holding near a record high amid the ongoing pandemic.Vacancies totaled 10.562 million in November, according to the Labor Department's Job Openings and Labor Turnover Summary (JOLTS) released Tuesday.This comes is slightly lower than the 11.033 million in October, based on the government's first estimate for the month. Consensus economists were looking for job openings to rise to 11.079 million in November, according to Bloomberg data.Tuesday's report extends a streak of elevated readings on job openings. Vacancies rose throughout early 2021 and reached a record high of 11.098 million in July, and have retreated only modestly since then.And while the JOLTS report for November does not yet capture any meaningful impact from the Omicron variant discovered around Thanksgiving, some economists suggested labor shortages may be exacerbated at least in the near-term due to the latest surge.\"Looking ahead, the Omicron variant wave will likely lead to some short-term weakness in the labor market,\" Sam Bullard, senior economist for Wells Fargo, wrote in a note published earlier this week. \"However, we believe this will be temporary and that the pace of hiring should pick back up by the spring.\"The JOLTS data also adds to a slew of other reports pointing to the persistent tightness in the U.S. labor market. The last monthly jobs report from the Labor Department showed a disappointing 210,000 non-farm payrolls came back in the penultimate month of last year.The labor force participation rate remained depressed compared to pre-pandemic levels, and the civilian labor force was still down by about 2.4 million participants versus levels from February 2020. And according to the latest NFIB Small Business Optimism report,nearly half of surveyed owners said they had job openings that could not be filled in November. The December jobs report is slated to be released on Friday.But while labor shortages have continued to strain employers seeking to fill positions, leverage among workers has increased. Average hourly earnings last rose at a 4.8% year-over-year clip in November, though this rise was dwarfed by the 6.8% jump in U.S. consumer prices during the same month,according to data from the Bureau of Labor Statistics.And the Conference Board's consumer confidence survey last month showed a labor differential — or percentage of those saying jobs were \"plentiful\" less those saying jobs were \"hard to get\" — that was still elevated on a historical basis, suggesting workers were still finding it relatively easy to find jobs.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2829,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896649042,"gmtCreate":1628581018386,"gmtModify":1703508484383,"author":{"id":"3582002742425523","authorId":"3582002742425523","name":"mebugsbunny","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002742425523","authorIdStr":"3582002742425523"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/896649042","repostId":"2158150427","repostType":4,"isVote":1,"tweetType":1,"viewCount":3322,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899345303,"gmtCreate":1628164529902,"gmtModify":1703502367901,"author":{"id":"3582002742425523","authorId":"3582002742425523","name":"mebugsbunny","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002742425523","authorIdStr":"3582002742425523"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/899345303","repostId":"1121665544","repostType":4,"isVote":1,"tweetType":1,"viewCount":3154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890113967,"gmtCreate":1628086511259,"gmtModify":1703501000965,"author":{"id":"3582002742425523","authorId":"3582002742425523","name":"mebugsbunny","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002742425523","authorIdStr":"3582002742425523"},"themes":[],"htmlText":"Like. And comment","listText":"Like. And comment","text":"Like. And comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/890113967","repostId":"1103174591","repostType":4,"repost":{"id":"1103174591","kind":"news","pubTimestamp":1628085634,"share":"https://ttm.financial/m/news/1103174591?lang=&edition=fundamental","pubTime":"2021-08-04 22:00","market":"us","language":"en","title":"Lyft Results Beat Expectations. Here’s Why the Stock Is Falling","url":"https://stock-news.laohu8.com/highlight/detail?id=1103174591","media":"Barron's","summary":"(Aug 4) Lyftstock tumbled Wednesday despite itsbetter-than-expected June quarter results, as investo","content":"<p>(Aug 4) Lyftstock tumbled Wednesday despite itsbetter-than-expected June quarter results, as investors focused instead on disappointment with the third-quarter outlook and the company’s increasing costs for driver incentives.</p>\n<p>In late trading Tuesday, Lyft shares rallied after the ride-sharing company disclosed that it reached profitability one quarter sooner than expected—as measured by adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization.</p>\n<p>But on Wednesday, the stock dived 8.6% to $50.59.Uber Technologies(UBER), which reports results after the close on Wednesday, fell down 2.6% to $41.68.</p>\n<p>Lyft (ticker: LYFT) posted second-quarter revenue of $765 million, up 125% from a year ago, and well ahead of the Street consensus at $696 million. Profit based on adjusted Ebitda (earnings before interest, taxes, depreciation and amortization) was $23.8 million, including about $16 million in one-time gains.</p>\n<p>Active riders (people who took at least one ride in the period) reached 17.1 million, up 97% from a year ago, and up 27% from the March quarter. Revenue per active rider was $44.63, up 14% from a year ago, but down slightly from $45.13 in the March quarter.</p>\n<p>One reason for the pressure on the stock is rapid growth in Lyft’s incentive payments to drivers as a way to boost supply.On last night’s earnings conference call with the Street, Lyft said it paid more than $375 million in driver incentives in the quarter, up 92% from the March quarter. That is classified as “contra-revenue,” reducing the top line. The company said it expects that figure to be higher in the September quarter, as it pushes to increase supply to meet customer demand.</p>\n<p>On the call, Lyft projected third-quarter revenue of $850 million to $860 million, up between 70% and 72%, but a little shy of the old Street consensus forecast of $864 million. The company sees third-quarter adjusted Ebitda in the $25 million to $35 million range, which would be up from about $8 million in the June quarter when backing out the aforementioned one-time gains. The company said the forecast reflects about a $30 million to $40 million reduction to reflect reduced ride prices.</p>\n<p>Analyst reaction to the quarter was mixed.</p>\n<p>Gordon Haskett analyst Robert Mollins, who has a Hold rating and $62 target on the stock, writes in a research note that Lyft is making “solid progress on the driver supply side,” but that the commentary around spending incremental dollars on driver supply “puts a damper” on the outlook. As Mollins notes, the company said it would invest any incremental revenue dollars above guidance into driver supply programs.</p>\n<p>Needham analyst Bernie McTernan was one of several analysts who suggested that driver supply could get a boost in early September as supplemental unemployment benefits come to an end. Meanwhile, he notes, “there is still a driver supply imbalance,” with Lyft taking on the burden of investing in both sides of the market—boosting driver pay while holding the line on ride pricing. McTernan keeps his Hold rating on the stock, and finds that there are “more compelling growth opportunities elsewhere in the U.S. mobility market,” an obvious reference to Uber.</p>\n<p>MKM Partners analyst Rohit Kulkarni makes a similar point: Lyft has become “an increasingly attractive and tactical play on mass vaccinations and summer travel,” but he prefers Uber. The latter offers both lower valuation and a more diversified bet, with a broader international exposure as well as a food delivery arm, he writes. Making the same point, Atlantic Equities analyst James Cordwell says while results and guidance topped expectations, he’s keeping a Neutral rating on Lyft shares, “given the richer valuation versus Uber.”</p>\n<p>Evercore ISI analyst Mark Mahaney, however, away from the results incrementally more positive, repeating his Outperform rating, while adjusting his price target to $76 from $77. But he also notes that challenges remain, with ride availability, wait times, and ride pricing still not optimal.</p>\n<p>“Lyft will have to lean aggressively into driver incentives for another quarter or two to rebalance the marketplace,” until vaccines more fully roll out, reopenings unfold, and demand normalizes for work and school commutes and airport trips, he writes. But he adds: “Lyft is proving it can do this while breaking through to sustained Ebitda profitability.”</p>\n<p><img src=\"https://static.tigerbbs.com/f086685c8c0bc7b6cef8c2a82ecba26d\" tg-width=\"837\" tg-height=\"558\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/1008c1dc669a502cc56cd02c87357f26\" tg-width=\"359\" tg-height=\"124\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lyft Results Beat Expectations. Here’s Why the Stock Is Falling</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\">\nLyft Results Beat Expectations. Here’s Why the Stock Is Falling\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-04 22:00 GMT+8 <a href=https://www.marketwatch.com/articles/lyft-uber-stock-earnings-51628090550?mod=mw_latestnews><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Aug 4) Lyftstock tumbled Wednesday despite itsbetter-than-expected June quarter results, as investors focused instead on disappointment with the third-quarter outlook and the company’s increasing ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/lyft-uber-stock-earnings-51628090550?mod=mw_latestnews\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYFT":"Lyft, Inc."},"source_url":"https://www.marketwatch.com/articles/lyft-uber-stock-earnings-51628090550?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103174591","content_text":"(Aug 4) Lyftstock tumbled Wednesday despite itsbetter-than-expected June quarter results, as investors focused instead on disappointment with the third-quarter outlook and the company’s increasing costs for driver incentives.\nIn late trading Tuesday, Lyft shares rallied after the ride-sharing company disclosed that it reached profitability one quarter sooner than expected—as measured by adjusted Ebitda, or earnings before interest, taxes, depreciation, and amortization.\nBut on Wednesday, the stock dived 8.6% to $50.59.Uber Technologies(UBER), which reports results after the close on Wednesday, fell down 2.6% to $41.68.\nLyft (ticker: LYFT) posted second-quarter revenue of $765 million, up 125% from a year ago, and well ahead of the Street consensus at $696 million. Profit based on adjusted Ebitda (earnings before interest, taxes, depreciation and amortization) was $23.8 million, including about $16 million in one-time gains.\nActive riders (people who took at least one ride in the period) reached 17.1 million, up 97% from a year ago, and up 27% from the March quarter. Revenue per active rider was $44.63, up 14% from a year ago, but down slightly from $45.13 in the March quarter.\nOne reason for the pressure on the stock is rapid growth in Lyft’s incentive payments to drivers as a way to boost supply.On last night’s earnings conference call with the Street, Lyft said it paid more than $375 million in driver incentives in the quarter, up 92% from the March quarter. That is classified as “contra-revenue,” reducing the top line. The company said it expects that figure to be higher in the September quarter, as it pushes to increase supply to meet customer demand.\nOn the call, Lyft projected third-quarter revenue of $850 million to $860 million, up between 70% and 72%, but a little shy of the old Street consensus forecast of $864 million. The company sees third-quarter adjusted Ebitda in the $25 million to $35 million range, which would be up from about $8 million in the June quarter when backing out the aforementioned one-time gains. The company said the forecast reflects about a $30 million to $40 million reduction to reflect reduced ride prices.\nAnalyst reaction to the quarter was mixed.\nGordon Haskett analyst Robert Mollins, who has a Hold rating and $62 target on the stock, writes in a research note that Lyft is making “solid progress on the driver supply side,” but that the commentary around spending incremental dollars on driver supply “puts a damper” on the outlook. As Mollins notes, the company said it would invest any incremental revenue dollars above guidance into driver supply programs.\nNeedham analyst Bernie McTernan was one of several analysts who suggested that driver supply could get a boost in early September as supplemental unemployment benefits come to an end. Meanwhile, he notes, “there is still a driver supply imbalance,” with Lyft taking on the burden of investing in both sides of the market—boosting driver pay while holding the line on ride pricing. McTernan keeps his Hold rating on the stock, and finds that there are “more compelling growth opportunities elsewhere in the U.S. mobility market,” an obvious reference to Uber.\nMKM Partners analyst Rohit Kulkarni makes a similar point: Lyft has become “an increasingly attractive and tactical play on mass vaccinations and summer travel,” but he prefers Uber. The latter offers both lower valuation and a more diversified bet, with a broader international exposure as well as a food delivery arm, he writes. Making the same point, Atlantic Equities analyst James Cordwell says while results and guidance topped expectations, he’s keeping a Neutral rating on Lyft shares, “given the richer valuation versus Uber.”\nEvercore ISI analyst Mark Mahaney, however, away from the results incrementally more positive, repeating his Outperform rating, while adjusting his price target to $76 from $77. But he also notes that challenges remain, with ride availability, wait times, and ride pricing still not optimal.\n“Lyft will have to lean aggressively into driver incentives for another quarter or two to rebalance the marketplace,” until vaccines more fully roll out, reopenings unfold, and demand normalizes for work and school commutes and airport trips, he writes. But he adds: “Lyft is proving it can do this while breaking through to sustained Ebitda profitability.”","news_type":1,"symbols_score_info":{"LYFT":0.9}},"isVote":1,"tweetType":1,"viewCount":2436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":800952808,"gmtCreate":1627273858904,"gmtModify":1703486497935,"author":{"id":"3582002742425523","authorId":"3582002742425523","name":"mebugsbunny","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002742425523","authorIdStr":"3582002742425523"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/800952808","repostId":"1123832536","repostType":4,"repost":{"id":"1123832536","kind":"news","pubTimestamp":1627272928,"share":"https://ttm.financial/m/news/1123832536?lang=&edition=fundamental","pubTime":"2021-07-26 12:15","market":"hk","language":"en","title":"Asian Markets Mostly Lower Amid Virus Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1123832536","media":"RTTNews","summary":"Asian stock markets are trading mostly lower on Monday, ignoring the broadly positive cues from Wall","content":"<p>Asian stock markets are trading mostly lower on Monday, ignoring the broadly positive cues from Wall Street on Friday as traders continue to be spooked by the spread of the delta variant of the coronavirus in several markets in the region and across the world, which is expected to slow the pace of the global economic recovery from the pandemic. Traders are now looking ahead to the upcoming monetary policy meeting of the Federal Reserve for direction. Asian markets closed mixed on Friday.</p>\n<p>The Australian stock market is slightly higher in choppy trading on Monday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 just below the 7,400 level, following the broadly negative cues from Wall Street on Friday. The market is supported by materials stocks. Traders are also concerned as the nation's the biggest cities are under strict lockdown amid the resurgence incoronaviruscases.</p>\n<p>The local COVID situation has deteriorated badly over the last two weeks, with New South Wales reporting 145 new cases on Sunday, while Victoria is down to 11 cases. Victoria's lockdown is due to end at midnight Tuesday, while there is no end date to the Sydney lockdown yet.</p>\n<p>The benchmark S&P/ASX 200 Index is gaining 2.20 points or 0.03 percent to 7,396.60, after touching a new all-time high of 7,417.60 earlier. The broader All Ordinaries Index is up 3.10 points or 0.04 percent to 7,674.00. Australian stocks closed marginally higher on Friday.</p>\n<p>Among the major miners, <a href=\"https://laohu8.com/S/BHP\">BHP Billiton</a>, Fortescue Metals and <a href=\"https://laohu8.com/S/RIO\">Rio Tinto PLC</a> are gaining more than 1 percent each, while<a href=\"https://laohu8.com/S/MALRF\">Mineral Resources Ltd.</a> adding almost 2 percent, <a href=\"https://laohu8.com/S/OZMLF\">OZ Minerals Ltd.</a> is up almost 3 percent.</p>\n<p>Shares in <a href=\"https://laohu8.com/S/LYC.AU\">Lynas Rare Earths</a> are surging almost 8 percent after the company reported record sales revenue of $185.9 million for the June quarter on strong ore prices despite production issues.</p>\n<p>Oil stocks are lower, with oil Search and Origin Energy losing almost 1 percent each, while Woodside Petroleum and Santos are down more than 1 percent each. Beach energy is edging down 0.4 percent.</p>\n<p>Among tech stocks, Afterpay is losing almost 2 percent and Appen is losing more than 1 percent, while <a href=\"https://laohu8.com/S/XRO.AU\">Xero</a> is gaining more than 1 percent and WiseTech Global is edging up 0.4 percent.</p>\n<p>Gold miners are lower. <a href=\"https://laohu8.com/S/EVN.AU\">Evolution Mining</a> is losing more than 3 percent, while <a href=\"https://laohu8.com/S/NST.AU\">Northern Star Resources</a> and Gold Road Resources are down almost 2 percent each. Newcrest Mining is lower by more than 1 percent. Resolute Mining is declining more than 4 percent.</p>\n<p>Among the big four banks, Commonwealth Bank, ANZ Banking, Westpac and National Australia Bank are all edging down 0.2 percent each.</p>\n<p>In other news, shares in <a href=\"https://laohu8.com/S/CAN.AU\">Cann Group</a> is plunging almost 12 percent after the cannabis producer revealed plans for a fund raise from institutional investors at a discount.</p>\n<p>Commercial property giant GPT Group has withdrawn its 2021 guidance amid COVID uncertainty amidst the rolling lockdowns in Melbourne and Sydney. The stock is down more than 3 percent.</p>\n<p>In the currency market, the Aussie dollar is trading at $0.735 on Monday.</p>\n<p>The Japanese stock market is sharply higher on Monday, extending the gains of the previous session before the loon weekend, with the Nikkei 225 adding almost 400 points to be above the 27,900 level, following the broadly positive cues from Wall Street on Friday as upbeat earnings news and signs of economic revival fuelled investor risk appetite.</p>\n<p>Traders continue to be concerned amid the spread of the highly contagious coronavirus variants even as the Tokyo Olympics takes off successfully. The daily new cases in Tokyo has been more than 1,000 for the past six days.</p>\n<p>The benchmark Nikkei 225 Index closed the morning session at 27,931.78, up 383.78 points or 1.39 percent, after touching a high of 28,036.47 earlier. Japanese shares ended significantly higher on Wednesday and were closed for holidays on Thursday and Friday.</p>\n<p>Market heavyweight SoftBank Group is edging down 0.3 percent, while Uniqlo operator Fast Retailing is gaining almost 1 percent. Among automakers, Honda is edging up 0.3 percent and Toyota is gaining almost 1 percent.</p>\n<p>The major exporters are higher, with Panasonic gaining almost 1 percent, Mitsubishi Electric adding more than 1 percent and Sony up almost 2 percent, while Canon is flat.</p>\n<p>In the tech space, Advantest and Tokyo Electron are gaining almost 2 percent each, while Screen Holdings is adding more than 2 percent. In the banking sector, Sumitomo Mitsui Financial is edging up 0.5 percent, Mizuho Financial is gaining almost 1 percent and Mitsubishi UFJ Financial is up almost 2 percent.</p>\n<p>Among the other major gainers, JFE Holdings is gaining more than 6 percent and Toray Industries is adding more than 5 percent, while CyberAgent, Tokai Carbon, Nippon Steel and Hitachi Zosen are up more than 4 percent each. Tokyo Tatemono, Omron, Tokyo Tatemono and Kobe Steel are rising almost 4 percent each, while Toyobo, Nikon, Ebara, Minebea Mitsumi and Taiyo Yuden are higher by more than 3 percent each.</p>\n<p>Conversely, Tokyo Electric Power is losing almost 3 percent.</p>\n<p>In economic news, the manufacturing sector in Japan continued to expand in July, albeit at a slower pace, the latest survey from Jibun Bank revealed on Monday, with a manufacturing PMI score of 52.2. That's down from 52.4, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed that the services PMI fell to 46.4 from 47.2 in June, while the composite index slipped to 47.7 from 48.9.</p>\n<p>In the currency market, the U.S. dollar is trading in the lower 110 yen-range on Monday.</p>\n<p>Elsewhere in Asia, Hong Kong is plunging 2.2 percent and China is losing 1.5 percent, while South Korea, Singapore, New Zealand and Taiwan are lower by between 0.2 and 0.4 percent each. Indonesia is bucking the trend and is up 0.2 percent.</p>\n<p>On Wall Street, stocks showed a strong move to the upside during trading on Friday, extending the rebound from the steep drop seen on Monday. With the continued advance, the major averages all reached new record closing highs.</p>\n<p>The major averages finished the session just off their highs of the day. The Dow climbed 238.20 points or 0.7 percent to 35,061.55, the Nasdaq surged up 152.39 points or 1 percent to 14,836.99 and the S&P 500 jumped 44.31 points or 1 percent to 4,411.79.</p>\n<p>The major European markets all also moved notably higher on the day. While the French CAC 40 Index surged up by 1.4 percent, the German DAX Index jumped by 1 percent and the U.K.'s FTSE 100 Index advanced by 0.9 percent.</p>\n<p>Crude oil futures settled modestly higher on Friday, extending gains to a fourth straight session on hopes demand will see a significant increase in coming months. West Texas Intermediate Crude oil futures for September ended up by $0.16 or 0.2 percent at $72.07 a barrel. WTI Crude futures gained 0.4 percent in the week.</p>","source":"lsy1626938412129","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>Asian Markets Mostly Lower Amid Virus Concerns</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\">\nAsian Markets Mostly Lower Amid Virus Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 12:15 GMT+8 <a href=https://www.rttnews.com/3211632/asian-markets-mostly-lower-amid-virus-concerns.aspx><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Asian stock markets are trading mostly lower on Monday, ignoring the broadly positive cues from Wall Street on Friday as traders continue to be spooked by the spread of the delta variant of the ...</p>\n\n<a href=\"https://www.rttnews.com/3211632/asian-markets-mostly-lower-amid-virus-concerns.aspx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BHP":"必和必拓公司","RIO":"力拓","SFBQF":"Softbank Group Corp","MALRF":"Mineral Resources Ltd."},"source_url":"https://www.rttnews.com/3211632/asian-markets-mostly-lower-amid-virus-concerns.aspx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123832536","content_text":"Asian stock markets are trading mostly lower on Monday, ignoring the broadly positive cues from Wall Street on Friday as traders continue to be spooked by the spread of the delta variant of the coronavirus in several markets in the region and across the world, which is expected to slow the pace of the global economic recovery from the pandemic. Traders are now looking ahead to the upcoming monetary policy meeting of the Federal Reserve for direction. Asian markets closed mixed on Friday.\nThe Australian stock market is slightly higher in choppy trading on Monday, extending the gains in the previous three sessions, with the benchmark S&P/ASX 200 just below the 7,400 level, following the broadly negative cues from Wall Street on Friday. The market is supported by materials stocks. Traders are also concerned as the nation's the biggest cities are under strict lockdown amid the resurgence incoronaviruscases.\nThe local COVID situation has deteriorated badly over the last two weeks, with New South Wales reporting 145 new cases on Sunday, while Victoria is down to 11 cases. Victoria's lockdown is due to end at midnight Tuesday, while there is no end date to the Sydney lockdown yet.\nThe benchmark S&P/ASX 200 Index is gaining 2.20 points or 0.03 percent to 7,396.60, after touching a new all-time high of 7,417.60 earlier. The broader All Ordinaries Index is up 3.10 points or 0.04 percent to 7,674.00. Australian stocks closed marginally higher on Friday.\nAmong the major miners, BHP Billiton, Fortescue Metals and Rio Tinto PLC are gaining more than 1 percent each, whileMineral Resources Ltd. adding almost 2 percent, OZ Minerals Ltd. is up almost 3 percent.\nShares in Lynas Rare Earths are surging almost 8 percent after the company reported record sales revenue of $185.9 million for the June quarter on strong ore prices despite production issues.\nOil stocks are lower, with oil Search and Origin Energy losing almost 1 percent each, while Woodside Petroleum and Santos are down more than 1 percent each. Beach energy is edging down 0.4 percent.\nAmong tech stocks, Afterpay is losing almost 2 percent and Appen is losing more than 1 percent, while Xero is gaining more than 1 percent and WiseTech Global is edging up 0.4 percent.\nGold miners are lower. Evolution Mining is losing more than 3 percent, while Northern Star Resources and Gold Road Resources are down almost 2 percent each. Newcrest Mining is lower by more than 1 percent. Resolute Mining is declining more than 4 percent.\nAmong the big four banks, Commonwealth Bank, ANZ Banking, Westpac and National Australia Bank are all edging down 0.2 percent each.\nIn other news, shares in Cann Group is plunging almost 12 percent after the cannabis producer revealed plans for a fund raise from institutional investors at a discount.\nCommercial property giant GPT Group has withdrawn its 2021 guidance amid COVID uncertainty amidst the rolling lockdowns in Melbourne and Sydney. The stock is down more than 3 percent.\nIn the currency market, the Aussie dollar is trading at $0.735 on Monday.\nThe Japanese stock market is sharply higher on Monday, extending the gains of the previous session before the loon weekend, with the Nikkei 225 adding almost 400 points to be above the 27,900 level, following the broadly positive cues from Wall Street on Friday as upbeat earnings news and signs of economic revival fuelled investor risk appetite.\nTraders continue to be concerned amid the spread of the highly contagious coronavirus variants even as the Tokyo Olympics takes off successfully. The daily new cases in Tokyo has been more than 1,000 for the past six days.\nThe benchmark Nikkei 225 Index closed the morning session at 27,931.78, up 383.78 points or 1.39 percent, after touching a high of 28,036.47 earlier. Japanese shares ended significantly higher on Wednesday and were closed for holidays on Thursday and Friday.\nMarket heavyweight SoftBank Group is edging down 0.3 percent, while Uniqlo operator Fast Retailing is gaining almost 1 percent. Among automakers, Honda is edging up 0.3 percent and Toyota is gaining almost 1 percent.\nThe major exporters are higher, with Panasonic gaining almost 1 percent, Mitsubishi Electric adding more than 1 percent and Sony up almost 2 percent, while Canon is flat.\nIn the tech space, Advantest and Tokyo Electron are gaining almost 2 percent each, while Screen Holdings is adding more than 2 percent. In the banking sector, Sumitomo Mitsui Financial is edging up 0.5 percent, Mizuho Financial is gaining almost 1 percent and Mitsubishi UFJ Financial is up almost 2 percent.\nAmong the other major gainers, JFE Holdings is gaining more than 6 percent and Toray Industries is adding more than 5 percent, while CyberAgent, Tokai Carbon, Nippon Steel and Hitachi Zosen are up more than 4 percent each. Tokyo Tatemono, Omron, Tokyo Tatemono and Kobe Steel are rising almost 4 percent each, while Toyobo, Nikon, Ebara, Minebea Mitsumi and Taiyo Yuden are higher by more than 3 percent each.\nConversely, Tokyo Electric Power is losing almost 3 percent.\nIn economic news, the manufacturing sector in Japan continued to expand in July, albeit at a slower pace, the latest survey from Jibun Bank revealed on Monday, with a manufacturing PMI score of 52.2. That's down from 52.4, although it remains above the boom-or-bust line of 50 that separates expansion from contraction. The survey also showed that the services PMI fell to 46.4 from 47.2 in June, while the composite index slipped to 47.7 from 48.9.\nIn the currency market, the U.S. dollar is trading in the lower 110 yen-range on Monday.\nElsewhere in Asia, Hong Kong is plunging 2.2 percent and China is losing 1.5 percent, while South Korea, Singapore, New Zealand and Taiwan are lower by between 0.2 and 0.4 percent each. Indonesia is bucking the trend and is up 0.2 percent.\nOn Wall Street, stocks showed a strong move to the upside during trading on Friday, extending the rebound from the steep drop seen on Monday. With the continued advance, the major averages all reached new record closing highs.\nThe major averages finished the session just off their highs of the day. The Dow climbed 238.20 points or 0.7 percent to 35,061.55, the Nasdaq surged up 152.39 points or 1 percent to 14,836.99 and the S&P 500 jumped 44.31 points or 1 percent to 4,411.79.\nThe major European markets all also moved notably higher on the day. While the French CAC 40 Index surged up by 1.4 percent, the German DAX Index jumped by 1 percent and the U.K.'s FTSE 100 Index advanced by 0.9 percent.\nCrude oil futures settled modestly higher on Friday, extending gains to a fourth straight session on hopes demand will see a significant increase in coming months. West Texas Intermediate Crude oil futures for September ended up by $0.16 or 0.2 percent at $72.07 a barrel. WTI Crude futures gained 0.4 percent in the week.","news_type":1,"symbols_score_info":{"AFTPF":0.9,"BHP":0.9,"OZMLF":0.9,"SFBQF":0.9,"RIO":0.9,"MALRF":0.9}},"isVote":1,"tweetType":1,"viewCount":4140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177210255,"gmtCreate":1627221966277,"gmtModify":1703485713980,"author":{"id":"3582002742425523","authorId":"3582002742425523","name":"mebugsbunny","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002742425523","authorIdStr":"3582002742425523"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/177210255","repostId":"2153936352","repostType":4,"isVote":1,"tweetType":1,"viewCount":2738,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172903188,"gmtCreate":1626924562044,"gmtModify":1703480697284,"author":{"id":"3582002742425523","authorId":"3582002742425523","name":"mebugsbunny","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002742425523","authorIdStr":"3582002742425523"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/172903188","repostId":"2153610498","repostType":4,"isVote":1,"tweetType":1,"viewCount":2266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179220380,"gmtCreate":1626535985740,"gmtModify":1703761552393,"author":{"id":"3582002742425523","authorId":"3582002742425523","name":"mebugsbunny","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002742425523","authorIdStr":"3582002742425523"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/179220380","repostId":"2152897876","repostType":4,"isVote":1,"tweetType":1,"viewCount":2993,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145854783,"gmtCreate":1626218898142,"gmtModify":1703755596969,"author":{"id":"3582002742425523","authorId":"3582002742425523","name":"mebugsbunny","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582002742425523","authorIdStr":"3582002742425523"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/145854783","repostId":"2151560584","repostType":4,"repost":{"id":"2151560584","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":1626207238,"share":"https://ttm.financial/m/news/2151560584?lang=&edition=fundamental","pubTime":"2021-07-14 04:13","market":"us","language":"en","title":"S&P 500 and Nasdaq end down after hitting record highs","url":"https://stock-news.laohu8.com/highlight/detail?id=2151560584","media":"Reuters","summary":"JPMorgan drops amid low interest rates\nU.S. consumer prices surge in June\nBoeing slips on new produc","content":"<ul>\n <li>JPMorgan drops amid low interest rates</li>\n <li>U.S. consumer prices surge in June</li>\n <li>Boeing slips on new production problems for 787 Dreamliners</li>\n <li>Indexes: Dow -0.31%, S&P 500 -0.35%, Nasdaq -0.38%</li>\n</ul>\n<p>(Updates following end of session)</p>\n<p>July 13 (Reuters) - The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.</p>\n<p>The S&P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.</p>\n<p>Data indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.</p>\n<p>Economists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.</p>\n<p>\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p>\n<p>The S&P 500 growth index dipped 0.05%, while the value index fell 0.70%.</p>\n<p>\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.</p>\n<p>Ten of the 11 major S&P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.</p>\n<p>JPMorgan Chase & Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.</p>\n<p>Goldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.</p>\n<p>Citigroup , Wells Fargo & Co and Bank of America were due to report their quarterly results early on Wednesday.</p>\n<p>PepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.</p>\n<p>June-quarter earnings per share for S&P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.</p>\n<p>All eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.</p>\n<p>The Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&P 500 lost 0.35% to 4,369.21.</p>\n<p>The Nasdaq Composite dropped 0.38% to 14,677.65.</p>\n<p>Conagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.</p>\n<p>Boeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.</p>\n<p>(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 and Nasdaq end down after hitting record highs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 and Nasdaq end down after hitting record highs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-14 04:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>JPMorgan drops amid low interest rates</li>\n <li>U.S. consumer prices surge in June</li>\n <li>Boeing slips on new production problems for 787 Dreamliners</li>\n <li>Indexes: Dow -0.31%, S&P 500 -0.35%, Nasdaq -0.38%</li>\n</ul>\n<p>(Updates following end of session)</p>\n<p>July 13 (Reuters) - The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.</p>\n<p>The S&P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.</p>\n<p>Data indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.</p>\n<p>Economists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.</p>\n<p>\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.</p>\n<p>The S&P 500 growth index dipped 0.05%, while the value index fell 0.70%.</p>\n<p>\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.</p>\n<p>Ten of the 11 major S&P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.</p>\n<p>JPMorgan Chase & Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.</p>\n<p>Goldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.</p>\n<p>Citigroup , Wells Fargo & Co and Bank of America were due to report their quarterly results early on Wednesday.</p>\n<p>PepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.</p>\n<p>June-quarter earnings per share for S&P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.</p>\n<p>All eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.</p>\n<p>The Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&P 500 lost 0.35% to 4,369.21.</p>\n<p>The Nasdaq Composite dropped 0.38% to 14,677.65.</p>\n<p>Conagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.</p>\n<p>Boeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.</p>\n<p>Volume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.</p>\n<p>(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite","SDS":"两倍做空标普500 ETF-ProShares",".SPX":"S&P 500 Index","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF-ProShares","NDAQ":"纳斯达克OMX交易所","OEF":"标普100指数ETF-iShares","IVV":"标普500ETF-iShares","PSQ":"做空纳斯达克100指数ETF-ProShares","TQQQ":"纳指三倍做多ETF","SSO":"2倍做多标普500ETF-ProShares","SQQQ":"纳指三倍做空ETF","QQQ":"纳指100ETF","OEX":"标普100","SH":"做空标普500-Proshares","QLD":"2倍做多纳斯达克100指数ETF-ProShares","QID":"两倍做空纳斯达克指数ETF-ProShares","SPXU":"三倍做空标普500ETF-ProShares",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151560584","content_text":"JPMorgan drops amid low interest rates\nU.S. consumer prices surge in June\nBoeing slips on new production problems for 787 Dreamliners\nIndexes: Dow -0.31%, S&P 500 -0.35%, Nasdaq -0.38%\n\n(Updates following end of session)\nJuly 13 (Reuters) - The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting a jump in consumer prices in June and earnings from JPMorgan and Goldman Sachs that kicked off the quarterly reporting season.\nThe S&P 500 and Nasdaq reached fresh record highs but quickly fell into negative territory after an auction of 30-year Treasuries showed less demand than some investors expected and pushed yields higher.\nData indicated U.S. consumer prices rose by the most in 13 years last month, while so-called core consumer prices surged 4.5% year over year, the largest rise since November 1991.\nEconomists viewed the price surge, driven by travel-rated services and used automobiles, as mostly temporary, aligning with Federal Reserve Chair Jerome Powell's long-standing views.\n\"Any time you get an uptick in interest rates the stock market is going to get nervous, especially on a day like today,\" said Joe Saluzzi, co-manager of trading at Themis Trading in Chatham, New Jersey.\nThe S&P 500 growth index dipped 0.05%, while the value index fell 0.70%.\n\"With growth outperforming value, the takeaway is clearly that inflation from a market perspective is not a real threat in the long term,\" said Keith Buchanan, a portfolio manager at GLOBALT Investments in Atlanta, Georgia.\nTen of the 11 major S&P 500 sector indexes ended lower, with real estate , consumer discretionary and financials each down more than 1%.\nJPMorgan Chase & Co stock fell 1.5% after the company reported blockbuster quarterly profit growth but warned that the sunny outlook would not make for blockbuster revenues in the short term due to low interest rates.\nGoldman Sachs Group Inc dipped 1.2% after its quarterly earnings exceeded forecasts.\nCitigroup , Wells Fargo & Co and Bank of America were due to report their quarterly results early on Wednesday.\nPepsiCo Inc gained 2.3% after raising its full-year earnings forecast, betting on accelerating demand as COVID-19 restrictions continue to ease.\nJune-quarter earnings per share for S&P 500 companies are expected to rise 66%, according to Refinitiv data, with investors questioning how long Wall Street's rally would last after a 16% rise in the benchmark index so far this year.\nAll eyes now turn to Fed Chair Jerome Powell's congressional testimony on Wednesday and Thursday for his comments about rising price pressures and monetary support going forward.\nThe Dow Jones Industrial Average fell 0.31% to end at 34,888.79 points, while the S&P 500 lost 0.35% to 4,369.21.\nThe Nasdaq Composite dropped 0.38% to 14,677.65.\nConagra Brands Inc dropped 5.4% after the packaged foods company warned that higher raw material and ingredient costs would take a bigger bite out of its profit this year than previously estimated.\nBoeing Co fell 4.2% after the Federal Aviation Administration said late on Monday some undelivered 787 Dreamliners have a new manufacturing quality issue.\nDeclining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 3.06-to-1 ratio favored decliners.\nThe S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 61 new highs and 73 new lows.\nVolume on U.S. exchanges was 9.5 billion shares, compared with the 10.5 billion average for the full session over the last 20 trading days.\n(Additional reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; Editing by Cynthia Osterman)","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,"PSQ":0.9,"OEX":0.9,"SPXU":0.9,"SSO":0.9,"NDAQ":0.9,".IXIC":0.9,"QID":0.9,"NQmain":0.9,"QQQ":0.9,".SPX":0.9,"SPY":0.9,".DJI":0.9,"SDS":0.9,"OEF":0.9,"QLD":0.9,"SQQQ":0.9,"IVV":0.9,"SH":0.9,"UPRO":0.9,"ESmain":0.9,"TQQQ":0.9,"MNQmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2791,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}