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Trip.com Faces Antitrust Probe for Forcing "Pick One" and Seizing Pricing Power from Merchants

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In the second half of 2025, Trip.com had already been summoned for talks by market regulatory authorities in multiple locations.</p>\n<p>On January 14, according to a message posted on the website of the State Administration for Market Regulation, the regulator, based on preliminary verifications and in accordance with the Anti-Monopoly Law of the People's Republic of China, has opened an investigation into Trip.com Group Limited for suspected abuse of its dominant market position to engage in monopolistic practices.</p>\n<p>This立案调查 by the State Administration for Market Regulation did not come out of the blue; it was conducted based on prior inspections and in accordance with relevant laws and regulations. The investigation primarily focuses on Trip.com Group's business conduct within its hotel operations, especially suspected abuses of its market dominance. As a leading enterprise in the online travel industry, Trip.com Group holds a significant market share in both hotel bookings and flight ticket agency services.</p>\n<p>Previously, according to media reports, a large number of merchants have accused platforms like Trip.com of controlling them with unreasonable terms.</p>\n<p>\"We truly feel like we are working for the platform now; our pricing power has been completely taken away,\" said Zhong Yang, manager of a branded hotel near Wutai Mountain in Shanxi. After discovering the issue, Zhong Yang filed complaints. While Meituan would often revert the changes or compensate for price differences, Trip.com, despite sometimes offering immediate compensation, would later penalize him for breach of contract. His appeal remained unresolved for three months.</p>\n<p>What infuriates merchants even more is the extreme difficulty in deactivating the \"Price Adjustment Assistant\" function. Dai Yun, a homestay owner in Zhejiang, revealed that the bottom-line prices they set are frequently breached. Lower prices hurt profits, while higher prices deter customers, leaving them in a dilemma. The manager of a budget hotel in Haikou stated that she had to apply to close the function over ten times repeatedly, stuck in a cycle of \"application-rejection-reapplication-rejection.\" Even upon successful deactivation, the account manager would often reactivate the function the very next day.</p>\n<p>Wan Jue, a special researcher at the E-Commerce Research Center of Wangjing She and a registered foreign lawyer at Hong Kong's Ling Yong Shan Law Firm, stated that if Trip.com uses its market dominance to force price adjustments, it could constitute an \"abuse of market dominance\" under the Anti-Monopoly Law.</p>\n<p>Trip.com's \"pick one\" or de facto exclusive cooperation clauses are also a focal point of the investigation. Merchants with Trip.com's \"Special Badge\" might be required not to list on competing platforms (like Meituan), while commission rates remain high. In December 2025, the Yunnan Provincial Tourism Homestay Association announced it would initiate anti-monopoly rights protection work against unfair competition by OTAs, explicitly pointing out complaints about Trip.com enforcing \"pick one\"霸王条款, among other issues.</p>\n<p>The announcement mentioned that in recent years, the association has received numerous complaints from members, reporting that OTA platforms like Trip.com exploit their market dominance to enforce \"pick one\" policies, unilaterally raise commissions, set unfair trading conditions, and throttle traffic. These actions severely infringe upon the legitimate rights and interests of operators and undermine fair market competition秩序.</p>\n<p>The Huangshan Huizhou Homestay Association has also mobilized its member units to collect and organize evidence of online travel platform companies suspected of violating the Anti-Monopoly Law. These complaints suggest that Trip.com's market dominance may be used to restrict merchants from choosing other platforms, thereby further consolidating its monopoly position.</p>\n<p>According to estimates by Bocom International, in 2024, Trip.com accounted for 56% of the Gross Merchandise Value (GMV) in the hotel and travel market, with Tongcheng Travel holding second place at 13%. Combined, these two platforms occupy nearly 70% of the domestic OTA market share.</p>\n<p>This \"one dominant player\" structure did not emerge from fair competition but was built through capital mergers and acquisitions and rule-based hegemony. Currently, Trip.com's business covers over 1.2 million international hotels in more than 200 countries and regions, as well as 750,000 hotel resources in over 600 domestic cities. Small and medium-sized homestay operators find it nearly impossible to secure a stable stream of guests without relying on the Trip.com platform.</p>\n<p>Furthermore, according to a report by Southern Metropolis Daily, the explicit base commission rate standard for individual OTA platforms like Trip.com is approximately 10% to 15%. However, to obtain better visibility and exposure on these major OTA platforms—such as achieving a higher ranking (e.g., top three pages or homepage) during specific periods like holidays, or purchasing internal advertising slots—merchants often need to pay additional隐性费用.</p>\n<p>When these hidden costs are added up, the total commission expenditure can approach 40%, effectively doubling the explicit commission rate. Yet, merchants feel compelled to pay these extra fees to the platform to enhance their exposure.</p>\n<p>Despite many hotel merchants facing declining profits, Trip.com's performance has continued to improve over the past two years. In 2024, Trip.com achieved a net profit of 17.2 billion yuan, a year-on-year increase of 72%, with 40% of its revenue coming from hotel booking services. However, merchants generally report that, under the algorithmic control of platforms like Trip.com, their profit situation is far from optimistic.</p>\n<p>The State Administration for Market Regulation's decision to initiate a formal investigation is not an isolated incident but a response to prior local regulatory interviews and industry complaints. In the second half of 2025, Trip.com had already been summoned for talks by market regulatory authorities in multiple locations.</p>\n<p>On August 5, the Guizhou Provincial Market Supervision Administration collectively interviewed five platforms, including Trip.com, Tongcheng Travel, Meituan, and Fliggy, directly addressing potential issues like \"pick one\" policies, using technical means to interfere with merchant pricing, price fraud, and abuse of market dominance. The authorities demanded that the platforms conduct immediate self-inspections and corrections.</p>\n<p>On September 17, the Zhengzhou Market Supervision Administration, in accordance with the law, conducted an administrative interview with the operating entity of Ctrip (Trip.com's Chinese brand), focusing on issues such as Trip.com forcibly modifying hotel prices through its \"Price Adjustment Assistant\" function and obstructing its cancellation. The administration issued a \"Rectification Order.\" The investigation concluded that Trip.com had violated the E-Commerce Law and the Interim Provisions on Regulating Online Unfair Competition, finding issues of using \"service agreements, transaction rules, and technical means\" to impose unreasonable restrictions on transactions and transaction prices of merchants on the platform.</p>\n<p>On the Black Cat Complaint platform, the total number of complaints containing the keyword \"Ctrip\" (Trip.com) reached 160,303. From December last year to January this year alone, there were over 3,600 complaints. The complaints involve issues such as obstacles to refunds for flights and hotels, platform price adjustments, disputes over compensation for price differences, bundled consumption, false advertising, and loan disputes. Regarding Trip.com's travel services, the platform has received a cumulative total of 119,321 consumer complaints, with 2,386 complaints filed in the last 30 days. For Trip.com's financial services, the total number of complaints is 22,870, with 1,273 complaints in the recent 30 days.</p>\n<p>On January 14, Trip.com Group responded to the event, stating that it would actively cooperate with the regulatory investigation and fully implement the regulatory requirements. This case marks the first formal antitrust investigation launched by the State Administration for Market Regulation against a major platform enterprise since the \"pick one\" cases involving Alibaba and Meituan in 2021 and the case against CNKI for abusing its market dominance at the end of 2022.</p>\n<p>The background of this立案调查 is the state's systematic effort to curb \"involution-style\" competition. In December 2025, the State Administration for Market Regulation explicitly stated that 2026 would see \"strengthened anti-monopoly and anti-unfair competition enforcement, with in-depth rectification of 'involution-style' competition.\" Officially defined, \"involution-style competition\" refers to low-price, low-quality, low-level competition that not only disrupts the market but also erodes the long-term competitiveness of enterprises.</p>\n<p>The new Anti-Unfair Competition Law of the People's Republic of China, introduced in 2025, has brought typical \"involution-style\" behaviors, such as platforms forcing merchants to sell below cost or abusing rules for false transactions, under regulatory scope. In September 2025, the General Office of the State Council issued a notice explicitly requiring online travel platforms not to infringe upon tourist rights through practices like \"big data price discrimination,\" false advertising, or bundled sales, and to promote healthy competition among platforms while safeguarding the legitimate rights and interests of merchants operating on them.</p>\n<p>If Trip.com is found to have abused its dominant market position, it could face administrative fines, confiscation of illegal gains, and other penalties. According to Article 57 of China's Anti-Monopoly Law, if an operator abuses its dominant market position, the anti-monopoly enforcement agency shall order it to cease the illegal activities, confiscate the illegal gains, and impose a fine of between 1% and 10% of its sales revenue from the previous year.</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>Trip.com Faces Antitrust Probe for Forcing \"Pick One\" and Seizing Pricing Power from Merchants</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\">\nTrip.com Faces Antitrust Probe for Forcing \"Pick One\" and Seizing Pricing Power from Merchants\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1039043262\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/8296859682db4b478146245e72de1922);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Deep News </p>\n<p class=\"h-time\">2026-01-16 15:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The State Administration for Market Regulation's decision to initiate a formal investigation is not an isolated incident but a response to prior local regulatory interviews and industry complaints. In the second half of 2025, Trip.com had already been summoned for talks by market regulatory authorities in multiple locations.</p>\n<p>On January 14, according to a message posted on the website of the State Administration for Market Regulation, the regulator, based on preliminary verifications and in accordance with the Anti-Monopoly Law of the People's Republic of China, has opened an investigation into Trip.com Group Limited for suspected abuse of its dominant market position to engage in monopolistic practices.</p>\n<p>This立案调查 by the State Administration for Market Regulation did not come out of the blue; it was conducted based on prior inspections and in accordance with relevant laws and regulations. The investigation primarily focuses on Trip.com Group's business conduct within its hotel operations, especially suspected abuses of its market dominance. As a leading enterprise in the online travel industry, Trip.com Group holds a significant market share in both hotel bookings and flight ticket agency services.</p>\n<p>Previously, according to media reports, a large number of merchants have accused platforms like Trip.com of controlling them with unreasonable terms.</p>\n<p>\"We truly feel like we are working for the platform now; our pricing power has been completely taken away,\" said Zhong Yang, manager of a branded hotel near Wutai Mountain in Shanxi. After discovering the issue, Zhong Yang filed complaints. While Meituan would often revert the changes or compensate for price differences, Trip.com, despite sometimes offering immediate compensation, would later penalize him for breach of contract. His appeal remained unresolved for three months.</p>\n<p>What infuriates merchants even more is the extreme difficulty in deactivating the \"Price Adjustment Assistant\" function. Dai Yun, a homestay owner in Zhejiang, revealed that the bottom-line prices they set are frequently breached. Lower prices hurt profits, while higher prices deter customers, leaving them in a dilemma. The manager of a budget hotel in Haikou stated that she had to apply to close the function over ten times repeatedly, stuck in a cycle of \"application-rejection-reapplication-rejection.\" Even upon successful deactivation, the account manager would often reactivate the function the very next day.</p>\n<p>Wan Jue, a special researcher at the E-Commerce Research Center of Wangjing She and a registered foreign lawyer at Hong Kong's Ling Yong Shan Law Firm, stated that if Trip.com uses its market dominance to force price adjustments, it could constitute an \"abuse of market dominance\" under the Anti-Monopoly Law.</p>\n<p>Trip.com's \"pick one\" or de facto exclusive cooperation clauses are also a focal point of the investigation. Merchants with Trip.com's \"Special Badge\" might be required not to list on competing platforms (like Meituan), while commission rates remain high. In December 2025, the Yunnan Provincial Tourism Homestay Association announced it would initiate anti-monopoly rights protection work against unfair competition by OTAs, explicitly pointing out complaints about Trip.com enforcing \"pick one\"霸王条款, among other issues.</p>\n<p>The announcement mentioned that in recent years, the association has received numerous complaints from members, reporting that OTA platforms like Trip.com exploit their market dominance to enforce \"pick one\" policies, unilaterally raise commissions, set unfair trading conditions, and throttle traffic. These actions severely infringe upon the legitimate rights and interests of operators and undermine fair market competition秩序.</p>\n<p>The Huangshan Huizhou Homestay Association has also mobilized its member units to collect and organize evidence of online travel platform companies suspected of violating the Anti-Monopoly Law. These complaints suggest that Trip.com's market dominance may be used to restrict merchants from choosing other platforms, thereby further consolidating its monopoly position.</p>\n<p>According to estimates by Bocom International, in 2024, Trip.com accounted for 56% of the Gross Merchandise Value (GMV) in the hotel and travel market, with Tongcheng Travel holding second place at 13%. Combined, these two platforms occupy nearly 70% of the domestic OTA market share.</p>\n<p>This \"one dominant player\" structure did not emerge from fair competition but was built through capital mergers and acquisitions and rule-based hegemony. Currently, Trip.com's business covers over 1.2 million international hotels in more than 200 countries and regions, as well as 750,000 hotel resources in over 600 domestic cities. Small and medium-sized homestay operators find it nearly impossible to secure a stable stream of guests without relying on the Trip.com platform.</p>\n<p>Furthermore, according to a report by Southern Metropolis Daily, the explicit base commission rate standard for individual OTA platforms like Trip.com is approximately 10% to 15%. However, to obtain better visibility and exposure on these major OTA platforms—such as achieving a higher ranking (e.g., top three pages or homepage) during specific periods like holidays, or purchasing internal advertising slots—merchants often need to pay additional隐性费用.</p>\n<p>When these hidden costs are added up, the total commission expenditure can approach 40%, effectively doubling the explicit commission rate. Yet, merchants feel compelled to pay these extra fees to the platform to enhance their exposure.</p>\n<p>Despite many hotel merchants facing declining profits, Trip.com's performance has continued to improve over the past two years. In 2024, Trip.com achieved a net profit of 17.2 billion yuan, a year-on-year increase of 72%, with 40% of its revenue coming from hotel booking services. However, merchants generally report that, under the algorithmic control of platforms like Trip.com, their profit situation is far from optimistic.</p>\n<p>The State Administration for Market Regulation's decision to initiate a formal investigation is not an isolated incident but a response to prior local regulatory interviews and industry complaints. In the second half of 2025, Trip.com had already been summoned for talks by market regulatory authorities in multiple locations.</p>\n<p>On August 5, the Guizhou Provincial Market Supervision Administration collectively interviewed five platforms, including Trip.com, Tongcheng Travel, Meituan, and Fliggy, directly addressing potential issues like \"pick one\" policies, using technical means to interfere with merchant pricing, price fraud, and abuse of market dominance. The authorities demanded that the platforms conduct immediate self-inspections and corrections.</p>\n<p>On September 17, the Zhengzhou Market Supervision Administration, in accordance with the law, conducted an administrative interview with the operating entity of Ctrip (Trip.com's Chinese brand), focusing on issues such as Trip.com forcibly modifying hotel prices through its \"Price Adjustment Assistant\" function and obstructing its cancellation. The administration issued a \"Rectification Order.\" The investigation concluded that Trip.com had violated the E-Commerce Law and the Interim Provisions on Regulating Online Unfair Competition, finding issues of using \"service agreements, transaction rules, and technical means\" to impose unreasonable restrictions on transactions and transaction prices of merchants on the platform.</p>\n<p>On the Black Cat Complaint platform, the total number of complaints containing the keyword \"Ctrip\" (Trip.com) reached 160,303. From December last year to January this year alone, there were over 3,600 complaints. The complaints involve issues such as obstacles to refunds for flights and hotels, platform price adjustments, disputes over compensation for price differences, bundled consumption, false advertising, and loan disputes. Regarding Trip.com's travel services, the platform has received a cumulative total of 119,321 consumer complaints, with 2,386 complaints filed in the last 30 days. For Trip.com's financial services, the total number of complaints is 22,870, with 1,273 complaints in the recent 30 days.</p>\n<p>On January 14, Trip.com Group responded to the event, stating that it would actively cooperate with the regulatory investigation and fully implement the regulatory requirements. This case marks the first formal antitrust investigation launched by the State Administration for Market Regulation against a major platform enterprise since the \"pick one\" cases involving Alibaba and Meituan in 2021 and the case against CNKI for abusing its market dominance at the end of 2022.</p>\n<p>The background of this立案调查 is the state's systematic effort to curb \"involution-style\" competition. In December 2025, the State Administration for Market Regulation explicitly stated that 2026 would see \"strengthened anti-monopoly and anti-unfair competition enforcement, with in-depth rectification of 'involution-style' competition.\" Officially defined, \"involution-style competition\" refers to low-price, low-quality, low-level competition that not only disrupts the market but also erodes the long-term competitiveness of enterprises.</p>\n<p>The new Anti-Unfair Competition Law of the People's Republic of China, introduced in 2025, has brought typical \"involution-style\" behaviors, such as platforms forcing merchants to sell below cost or abusing rules for false transactions, under regulatory scope. In September 2025, the General Office of the State Council issued a notice explicitly requiring online travel platforms not to infringe upon tourist rights through practices like \"big data price discrimination,\" false advertising, or bundled sales, and to promote healthy competition among platforms while safeguarding the legitimate rights and interests of merchants operating on them.</p>\n<p>If Trip.com is found to have abused its dominant market position, it could face administrative fines, confiscation of illegal gains, and other penalties. According to Article 57 of China's Anti-Monopoly Law, if an operator abuses its dominant market position, the anti-monopoly enforcement agency shall order it to cease the illegal activities, confiscate the illegal gains, and impose a fine of between 1% and 10% of its sales revenue from the previous year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4526":"热门中概股","IE00BPRC5H50.USD":"NEUBERGER BERMAN CHINA EQUITY \"A\" (USD) INC","LU0593848301.USD":"未来资产亚洲卓越消费股票基金A","LU1102505762.USD":"富达新兴市场焦点 A","LU0417516738.SGD":"Allianz Hong Kong Equity AT Acc SGD","LU0261950983.USD":"FIDELITY ASIAN SPECIAL SITUATIONS \"A\" ACC","LU1868838027.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"8\" (USD) ACC","LU0868486357.SGD":"JPMorgan Funds - Emerging Markets Opportunities A (acc) SGD-H","LU0348735423.USD":"ALLIANZ HONG KONG EQUITY \"A\" (USD) INC","LU0173614495.USD":"富达中国焦点A","LU1956131251.USD":"BNP PARIBAS SUSTAINABLE ASIA EX-JAPAN EQUITY \"C\"MD (USD) INC","SG9999002562.SGD":"LionGlobal Asia Pacific SGD","LU1251922891.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) ACC","LU0455707207.USD":"FIDELITY FUNDS  CHINA INNOVATION \"A\" (USD) INC","LU0594300419.USD":"富达中国消费基金A","LU0261950470.USD":"FIDELITY EMERGING MARKETS \"A\" ACC","LU0650527681.SGD":"Fidelity China Consumer A-SGD","LU1868837722.USD":"CT (LUX) I GLOBAL EMERGING MARKET EQUITIES \"2\" (USD) ACC","IE00B031HY20.USD":"FSSA CHINA GROWTH \"I\" (USD) INC","LU1961090484.USD":"ALLIANZ ALL CHINA EQUITY \"A\" (USD) INC","LU1303224171.USD":"NINETY ONE GSF ALL CHINA EQUITY \"A\" (USD) INC","LU0737861772.HKD":"FIDELITY EMERGING ASIA \"A \" (HKD) ACC","LU0348825331.USD":"ALLIANZ CHINA EQUITY \"A\" (USD) INC","LU0871576103.HKD":"HSBC GIF CHINESE EQUITY \"AC\" (HKD) ACC","LU0320764599.SGD":"FTIF - 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In the second half of 2025, Trip.com had already been summoned for talks by market regulatory authorities in multiple locations.\nOn January 14, according to a message posted on the website of the State Administration for Market Regulation, the regulator, based on preliminary verifications and in accordance with the Anti-Monopoly Law of the People's Republic of China, has opened an investigation into Trip.com Group Limited for suspected abuse of its dominant market position to engage in monopolistic practices.\nThis立案调查 by the State Administration for Market Regulation did not come out of the blue; it was conducted based on prior inspections and in accordance with relevant laws and regulations. The investigation primarily focuses on Trip.com Group's business conduct within its hotel operations, especially suspected abuses of its market dominance. As a leading enterprise in the online travel industry, Trip.com Group holds a significant market share in both hotel bookings and flight ticket agency services.\nPreviously, according to media reports, a large number of merchants have accused platforms like Trip.com of controlling them with unreasonable terms.\n\"We truly feel like we are working for the platform now; our pricing power has been completely taken away,\" said Zhong Yang, manager of a branded hotel near Wutai Mountain in Shanxi. After discovering the issue, Zhong Yang filed complaints. While Meituan would often revert the changes or compensate for price differences, Trip.com, despite sometimes offering immediate compensation, would later penalize him for breach of contract. His appeal remained unresolved for three months.\nWhat infuriates merchants even more is the extreme difficulty in deactivating the \"Price Adjustment Assistant\" function. Dai Yun, a homestay owner in Zhejiang, revealed that the bottom-line prices they set are frequently breached. Lower prices hurt profits, while higher prices deter customers, leaving them in a dilemma. The manager of a budget hotel in Haikou stated that she had to apply to close the function over ten times repeatedly, stuck in a cycle of \"application-rejection-reapplication-rejection.\" Even upon successful deactivation, the account manager would often reactivate the function the very next day.\nWan Jue, a special researcher at the E-Commerce Research Center of Wangjing She and a registered foreign lawyer at Hong Kong's Ling Yong Shan Law Firm, stated that if Trip.com uses its market dominance to force price adjustments, it could constitute an \"abuse of market dominance\" under the Anti-Monopoly Law.\nTrip.com's \"pick one\" or de facto exclusive cooperation clauses are also a focal point of the investigation. Merchants with Trip.com's \"Special Badge\" might be required not to list on competing platforms (like Meituan), while commission rates remain high. In December 2025, the Yunnan Provincial Tourism Homestay Association announced it would initiate anti-monopoly rights protection work against unfair competition by OTAs, explicitly pointing out complaints about Trip.com enforcing \"pick one\"霸王条款, among other issues.\nThe announcement mentioned that in recent years, the association has received numerous complaints from members, reporting that OTA platforms like Trip.com exploit their market dominance to enforce \"pick one\" policies, unilaterally raise commissions, set unfair trading conditions, and throttle traffic. These actions severely infringe upon the legitimate rights and interests of operators and undermine fair market competition秩序.\nThe Huangshan Huizhou Homestay Association has also mobilized its member units to collect and organize evidence of online travel platform companies suspected of violating the Anti-Monopoly Law. These complaints suggest that Trip.com's market dominance may be used to restrict merchants from choosing other platforms, thereby further consolidating its monopoly position.\nAccording to estimates by Bocom International, in 2024, Trip.com accounted for 56% of the Gross Merchandise Value (GMV) in the hotel and travel market, with Tongcheng Travel holding second place at 13%. Combined, these two platforms occupy nearly 70% of the domestic OTA market share.\nThis \"one dominant player\" structure did not emerge from fair competition but was built through capital mergers and acquisitions and rule-based hegemony. Currently, Trip.com's business covers over 1.2 million international hotels in more than 200 countries and regions, as well as 750,000 hotel resources in over 600 domestic cities. Small and medium-sized homestay operators find it nearly impossible to secure a stable stream of guests without relying on the Trip.com platform.\nFurthermore, according to a report by Southern Metropolis Daily, the explicit base commission rate standard for individual OTA platforms like Trip.com is approximately 10% to 15%. However, to obtain better visibility and exposure on these major OTA platforms—such as achieving a higher ranking (e.g., top three pages or homepage) during specific periods like holidays, or purchasing internal advertising slots—merchants often need to pay additional隐性费用.\nWhen these hidden costs are added up, the total commission expenditure can approach 40%, effectively doubling the explicit commission rate. Yet, merchants feel compelled to pay these extra fees to the platform to enhance their exposure.\nDespite many hotel merchants facing declining profits, Trip.com's performance has continued to improve over the past two years. In 2024, Trip.com achieved a net profit of 17.2 billion yuan, a year-on-year increase of 72%, with 40% of its revenue coming from hotel booking services. However, merchants generally report that, under the algorithmic control of platforms like Trip.com, their profit situation is far from optimistic.\nThe State Administration for Market Regulation's decision to initiate a formal investigation is not an isolated incident but a response to prior local regulatory interviews and industry complaints. In the second half of 2025, Trip.com had already been summoned for talks by market regulatory authorities in multiple locations.\nOn August 5, the Guizhou Provincial Market Supervision Administration collectively interviewed five platforms, including Trip.com, Tongcheng Travel, Meituan, and Fliggy, directly addressing potential issues like \"pick one\" policies, using technical means to interfere with merchant pricing, price fraud, and abuse of market dominance. The authorities demanded that the platforms conduct immediate self-inspections and corrections.\nOn September 17, the Zhengzhou Market Supervision Administration, in accordance with the law, conducted an administrative interview with the operating entity of Ctrip (Trip.com's Chinese brand), focusing on issues such as Trip.com forcibly modifying hotel prices through its \"Price Adjustment Assistant\" function and obstructing its cancellation. The administration issued a \"Rectification Order.\" The investigation concluded that Trip.com had violated the E-Commerce Law and the Interim Provisions on Regulating Online Unfair Competition, finding issues of using \"service agreements, transaction rules, and technical means\" to impose unreasonable restrictions on transactions and transaction prices of merchants on the platform.\nOn the Black Cat Complaint platform, the total number of complaints containing the keyword \"Ctrip\" (Trip.com) reached 160,303. From December last year to January this year alone, there were over 3,600 complaints. The complaints involve issues such as obstacles to refunds for flights and hotels, platform price adjustments, disputes over compensation for price differences, bundled consumption, false advertising, and loan disputes. Regarding Trip.com's travel services, the platform has received a cumulative total of 119,321 consumer complaints, with 2,386 complaints filed in the last 30 days. For Trip.com's financial services, the total number of complaints is 22,870, with 1,273 complaints in the recent 30 days.\nOn January 14, Trip.com Group responded to the event, stating that it would actively cooperate with the regulatory investigation and fully implement the regulatory requirements. This case marks the first formal antitrust investigation launched by the State Administration for Market Regulation against a major platform enterprise since the \"pick one\" cases involving Alibaba and Meituan in 2021 and the case against CNKI for abusing its market dominance at the end of 2022.\nThe background of this立案调查 is the state's systematic effort to curb \"involution-style\" competition. In December 2025, the State Administration for Market Regulation explicitly stated that 2026 would see \"strengthened anti-monopoly and anti-unfair competition enforcement, with in-depth rectification of 'involution-style' competition.\" Officially defined, \"involution-style competition\" refers to low-price, low-quality, low-level competition that not only disrupts the market but also erodes the long-term competitiveness of enterprises.\nThe new Anti-Unfair Competition Law of the People's Republic of China, introduced in 2025, has brought typical \"involution-style\" behaviors, such as platforms forcing merchants to sell below cost or abusing rules for false transactions, under regulatory scope. In September 2025, the General Office of the State Council issued a notice explicitly requiring online travel platforms not to infringe upon tourist rights through practices like \"big data price discrimination,\" false advertising, or bundled sales, and to promote healthy competition among platforms while safeguarding the legitimate rights and interests of merchants operating on them.\nIf Trip.com is found to have abused its dominant market position, it could face administrative fines, confiscation of illegal gains, and other penalties. According to Article 57 of China's Anti-Monopoly Law, if an operator abuses its dominant market position, the anti-monopoly enforcement agency shall order it to cease the illegal activities, confiscate the illegal gains, and impose a fine of between 1% and 10% of its sales revenue from the previous 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20:30","market":"us","language":"en","title":"Do Amazon and Disney Have a Netflix Problem?","url":"https://stock-news.laohu8.com/highlight/detail?id=2232611035","media":"Motley Fool","summary":"The dramatic loss of subscribers by Netflix may mean industry consolidation is coming.","content":"<div>\n<p>Netflix has yet to recover from the shocking drop in subscribers in the first quarter. Not only was its stock crushed, but it also announced layoffs at its Tudum division, which it just launched in ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/03/do-amazon-and-disney-have-a-netflix-problem/\">Source Link</a>\n\n</div>\n","source":"fool_stock","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>Do Amazon and Disney Have a Netflix Problem?</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\">\nDo Amazon and Disney Have a Netflix Problem?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-03 20:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/03/do-amazon-and-disney-have-a-netflix-problem/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix has yet to recover from the shocking drop in subscribers in the first quarter. Not only was its stock crushed, but it also announced layoffs at its Tudum division, which it just launched in ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/03/do-amazon-and-disney-have-a-netflix-problem/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","AMZN":"亚马逊","DIS":"迪士尼","BK4535":"淡马锡持仓","BK4559":"巴菲特持仓","BK4538":"云计算","BK4579":"人工智能","BK4550":"红杉资本持仓","QNETCN":"纳斯达克中美互联网老虎指数","BK4108":"电影和娱乐","BK4507":"流媒体概念","BK4548":"巴美列捷福持仓","NFLX":"奈飞","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4524":"宅经济概念","BK4581":"高盛持仓","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4527":"明星科技股"},"source_url":"https://www.fool.com/investing/2022/05/03/do-amazon-and-disney-have-a-netflix-problem/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2232611035","content_text":"Netflix has yet to recover from the shocking drop in subscribers in the first quarter. Not only was its stock crushed, but it also announced layoffs at its Tudum division, which it just launched in December. It also said it would crackdown on password sharing and put ads in a new, lower-priced subscription tier. All this is generating talk of the streaming service becoming a takeover target.It was a sea change in how people view Netflix's position in the streaming market, but with Warner Bros. Discovery pulling the plug on its ill-advised CNN+ service less than a month after it launched, Alphabet's YouTube seeing a slowdown in ad revenue, and surveys showing fewer consumers subscribing to at least one service, it may be time investors in Amazon.com (AMZN 0.18%) and Disney (DIS 1.68%) consider whether they need to be worried, too.Streaming fatigue may have finally arrived, and we may see consolidation occur.Image source: Getty Images.An industry wake-up callAlthough the company's revenue rose 10% in the first quarter to nearly $8 billion, that was about half the growth rate of 2021. In addition, profits dropped to $1.6 billion from $1.71 billion in the year-ago quarter.Netflix's most jarring number was its loss of 200,000 subscribers for the quarter, the first decline since 2011. This was especially dismal because Netflix had forecast it would have between 2.5 million and 4 million net additions, so investors were blindsided by the drop to 221.64 million worldwide subscribers. It didn't help, either, that Netflix expects the carnage to continue in the second quarter, with a potential loss of as many as 2 million subscribers.Netflix is still seeing growth in viewing time, according to Nieslen data, as the chart below shows. But with inflation soaring to levels not seen in 40 years, maintaining a subscription is no longer a priority for consumers.Streaming ServiceMay 2021February 2022Netflix6%6.4%YouTube6%5.7%Hulu3%3%Amazon Prime2%2.3%Disney1%1.7%Other SVOD8%9.5%Total SVOD26%28.6%Data source: Nielsen, as provided by Netflix. Table by author.The good, the bad, and the uglyThat was the big hurdle that CNN+ had to get over. People weren't watching the free version of CNN (prime-time viewership collapsed 70% in the key 25- to 54-year-old demographic in February), so it's hard to imagine people paying for CNN+. And with just 10,000 subscribers at the launch, Warner Bros. was merciful in killing it off quickly.But what about Amazon and Disney? Fortunately, it seems they have more to offer viewers than Netflix.No one is paying Amazon $139 a year primarily for its Prime movies. They're signing up for free shipping on its e-commerce site and getting movies, music, books, and a few other services thrown into the mix. Its movie catalog is no less (or more) watchable than Netflix's, but it's just a side benefit of the shopping app and not the main motivator for signing up.Disney, on the other hand, brings several benefits to the table. Not only are you buying into the brand, but it comes with an extensive catalog of top-notch classic and current movies and a very affordable price tag ($8 a month).But it has yet to consistently offer good current original-streaming programming and is also planning on introducing ads into the mix, suggesting its aggressive growth goals may not be as attainable as originally believed. Still, the service is likely a keeper for most subscribers.Image source: Getty Images.Reattaching the cableWhile it was expected the streaming wars would devolve into consumers willingly paying for just two or three services and discarding the rest, cutting the cord with cable was supposed to be about more choice at lower cost. It's gotten to the point where putting together your own package of streaming services is almost as expensive as cable.It was poor timing for Netflix to raise its subscription prices, even if necessary, and the addition of ads may only cannibalize the main service. While Netflix will surely remain a leading choice for many, Amazon and Disney don't seem to have much to worry about, either, though the days of eye-popping subscriber additions may be in the rearview mirror for them, as 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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1651584757,"share":"https://ttm.financial/m/news/1173930857?lang=en_US&edition=fundamental","pubTime":"2022-05-03 21:32","market":"us","language":"en","title":"Stocks Are Flat on Tuesday as Investors Remain on Edge Ahead of Fed Decision","url":"https://stock-news.laohu8.com/highlight/detail?id=1173930857","media":"Tiger Newspress","summary":"U.S. stock futures were little changed on Tuesday morning after the major averages staged a big reve","content":"<html><head></head><body><p>U.S. stock futures were little changed on Tuesday morning after the major averages staged a big reversal to start the month.</p><p>The Dow Jones Industrial Average traded up 47 points, or 0.1%. The S&amp;P 500 was up less than 0.1%, and Nasdaq Composite dipped 0.2%.</p><p>On Monday, the major averages posted a wild up-and-down session with the Nasdaq Composite rising 1.63% in a late-day comeback, despite falling as much as 1.07% earlier in the day. The S&amp;P 500 rose 0.57% after hitting a new 2022 low earlier in the session.</p><p>Meanwhile, the Dow gained 84 points, or 0.26%. At its session lows, the Dow was down more than 400 points.</p><p>Those moves come on the back of a brutal month in April for stocks. April was the worst month since March 2020 for the Dow and S&amp;P 500. It was the worst month for the Nasdaq since 2008.</p><p>“We think the data continues to paint a picture of extreme fear and a contrarian opportunity for longer-term investors, even though there is scope for further movement/more downside in the very near term on some gauges,” RBC strategist Lori Calvasina said in a note to clients.</p><p>The benchmark 10-year Treasury yield also climbed to a new milestone on Monday. The bond yield hit 3.01% during the session, its highest point since December 2018. However, it fell back on Tuesday, possibly easing selling pressure on stocks.</p><p>Those moves come ahead of a widely anticipated Federal Reserve meeting.</p><p>Wall Street is largely expecting interest rates the central bank to raise rates by 50 basis points this week, with some investors believe expectations of aggressive monetary tightening from the central bank are already priced into markets.</p><p>The Federal Open Market Committee will issue a statement at 2 p.m. ET on Wednesday. Fed Chair Jerome Powell is expected to hold a press conference at 2:30 p.m.</p><p>Billionaire hedge fund manager Paul Tudor Jones said on CNBC’s “Squawk Box” Tuesday that, with the Fed tightening and the economy slowing, capital preservation should be the main goal for investors.</p><p>″“You can’t think of a worse environment than where we are right now for financial assets. Clearly you don’t want to own bonds and stocks,” Jones said.</p><p>The expected rate hike comes as there are growing concerns about the global economy, due in part to China’s lockdowns and the war in Europe.</p><p>“Markets continue to be hostage to the China Covid-19 response and the geopolitics, which are overshadowing what is still a very resilient fundamental picture,” JPMorgan strategist Mislav Matejka said in a note to clients.</p><p>A number of consumer-oriented companies are still reporting earnings this week. Shares of Avis Budget jumped more than 6% during extended trading after the car company surpassed earnings expectations on the top and bottom lines.</p><p>Shares of Clorox were under pressure after the home products company cut its full year gross margin outlook, citing inflation. DuPont’s stock fell more than 2% after its quarterly report showed operating margin shrinking year over year.</p><p>Chegg’s stock price tumbled nearly 30% during extended trade after the textbook company issued weak guidance for the full year despite exceeding earnings expectations.</p><p>Elsewhere, shares of Restaurant Brands and Pfizer were little changed in premarket trading after beating expectations on the top and bottom lines Tuesday morning.</p><p>Airbnb, AMD, Lyft and Starbucks are expected to report earnings after the bell Tuesday.</p><p>Traders will also watch for the latest reading of the Job Openings and Labor Turnover (JOLTS) data that is expected at 10 a.m. ET on Tuesday. Data on auto sales for April is also expected on Tuesday.</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>Stocks Are Flat on Tuesday as Investors Remain on Edge Ahead of Fed Decision</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStocks Are Flat on Tuesday as Investors Remain on Edge Ahead of Fed Decision\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-03 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures were little changed on Tuesday morning after the major averages staged a big reversal to start the month.</p><p>The Dow Jones Industrial Average traded up 47 points, or 0.1%. The S&amp;P 500 was up less than 0.1%, and Nasdaq Composite dipped 0.2%.</p><p>On Monday, the major averages posted a wild up-and-down session with the Nasdaq Composite rising 1.63% in a late-day comeback, despite falling as much as 1.07% earlier in the day. The S&amp;P 500 rose 0.57% after hitting a new 2022 low earlier in the session.</p><p>Meanwhile, the Dow gained 84 points, or 0.26%. At its session lows, the Dow was down more than 400 points.</p><p>Those moves come on the back of a brutal month in April for stocks. April was the worst month since March 2020 for the Dow and S&amp;P 500. It was the worst month for the Nasdaq since 2008.</p><p>“We think the data continues to paint a picture of extreme fear and a contrarian opportunity for longer-term investors, even though there is scope for further movement/more downside in the very near term on some gauges,” RBC strategist Lori Calvasina said in a note to clients.</p><p>The benchmark 10-year Treasury yield also climbed to a new milestone on Monday. The bond yield hit 3.01% during the session, its highest point since December 2018. However, it fell back on Tuesday, possibly easing selling pressure on stocks.</p><p>Those moves come ahead of a widely anticipated Federal Reserve meeting.</p><p>Wall Street is largely expecting interest rates the central bank to raise rates by 50 basis points this week, with some investors believe expectations of aggressive monetary tightening from the central bank are already priced into markets.</p><p>The Federal Open Market Committee will issue a statement at 2 p.m. ET on Wednesday. Fed Chair Jerome Powell is expected to hold a press conference at 2:30 p.m.</p><p>Billionaire hedge fund manager Paul Tudor Jones said on CNBC’s “Squawk Box” Tuesday that, with the Fed tightening and the economy slowing, capital preservation should be the main goal for investors.</p><p>″“You can’t think of a worse environment than where we are right now for financial assets. Clearly you don’t want to own bonds and stocks,” Jones said.</p><p>The expected rate hike comes as there are growing concerns about the global economy, due in part to China’s lockdowns and the war in Europe.</p><p>“Markets continue to be hostage to the China Covid-19 response and the geopolitics, which are overshadowing what is still a very resilient fundamental picture,” JPMorgan strategist Mislav Matejka said in a note to clients.</p><p>A number of consumer-oriented companies are still reporting earnings this week. Shares of Avis Budget jumped more than 6% during extended trading after the car company surpassed earnings expectations on the top and bottom lines.</p><p>Shares of Clorox were under pressure after the home products company cut its full year gross margin outlook, citing inflation. DuPont’s stock fell more than 2% after its quarterly report showed operating margin shrinking year over year.</p><p>Chegg’s stock price tumbled nearly 30% during extended trade after the textbook company issued weak guidance for the full year despite exceeding earnings expectations.</p><p>Elsewhere, shares of Restaurant Brands and Pfizer were little changed in premarket trading after beating expectations on the top and bottom lines Tuesday morning.</p><p>Airbnb, AMD, Lyft and Starbucks are expected to report earnings after the bell Tuesday.</p><p>Traders will also watch for the latest reading of the Job Openings and Labor Turnover (JOLTS) data that is expected at 10 a.m. ET on Tuesday. Data on auto sales for April is also expected on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173930857","content_text":"U.S. stock futures were little changed on Tuesday morning after the major averages staged a big reversal to start the month.The Dow Jones Industrial Average traded up 47 points, or 0.1%. The S&P 500 was up less than 0.1%, and Nasdaq Composite dipped 0.2%.On Monday, the major averages posted a wild up-and-down session with the Nasdaq Composite rising 1.63% in a late-day comeback, despite falling as much as 1.07% earlier in the day. The S&P 500 rose 0.57% after hitting a new 2022 low earlier in the session.Meanwhile, the Dow gained 84 points, or 0.26%. At its session lows, the Dow was down more than 400 points.Those moves come on the back of a brutal month in April for stocks. April was the worst month since March 2020 for the Dow and S&P 500. It was the worst month for the Nasdaq since 2008.“We think the data continues to paint a picture of extreme fear and a contrarian opportunity for longer-term investors, even though there is scope for further movement/more downside in the very near term on some gauges,” RBC strategist Lori Calvasina said in a note to clients.The benchmark 10-year Treasury yield also climbed to a new milestone on Monday. The bond yield hit 3.01% during the session, its highest point since December 2018. However, it fell back on Tuesday, possibly easing selling pressure on stocks.Those moves come ahead of a widely anticipated Federal Reserve meeting.Wall Street is largely expecting interest rates the central bank to raise rates by 50 basis points this week, with some investors believe expectations of aggressive monetary tightening from the central bank are already priced into markets.The Federal Open Market Committee will issue a statement at 2 p.m. ET on Wednesday. Fed Chair Jerome Powell is expected to hold a press conference at 2:30 p.m.Billionaire hedge fund manager Paul Tudor Jones said on CNBC’s “Squawk Box” Tuesday that, with the Fed tightening and the economy slowing, capital preservation should be the main goal for investors.″“You can’t think of a worse environment than where we are right now for financial assets. Clearly you don’t want to own bonds and stocks,” Jones said.The expected rate hike comes as there are growing concerns about the global economy, due in part to China’s lockdowns and the war in Europe.“Markets continue to be hostage to the China Covid-19 response and the geopolitics, which are overshadowing what is still a very resilient fundamental picture,” JPMorgan strategist Mislav Matejka said in a note to clients.A number of consumer-oriented companies are still reporting earnings this week. Shares of Avis Budget jumped more than 6% during extended trading after the car company surpassed earnings expectations on the top and bottom lines.Shares of Clorox were under pressure after the home products company cut its full year gross margin outlook, citing inflation. DuPont’s stock fell more than 2% after its quarterly report showed operating margin shrinking year over year.Chegg’s stock price tumbled nearly 30% during extended trade after the textbook company issued weak guidance for the full year despite exceeding earnings expectations.Elsewhere, shares of Restaurant Brands and Pfizer were little changed in premarket trading after beating expectations on the top and bottom lines Tuesday morning.Airbnb, AMD, Lyft and Starbucks are expected to report earnings after the bell Tuesday.Traders will also watch for the latest reading of the Job Openings and Labor Turnover (JOLTS) data that is expected at 10 a.m. ET on Tuesday. Data on auto sales for April is also expected on Tuesday.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9018255058,"gmtCreate":1649047535413,"gmtModify":1676534441852,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018255058","repostId":"2201255535","repostType":4,"repost":{"id":"2201255535","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":1641423313,"share":"https://ttm.financial/m/news/2201255535?lang=en_US&edition=fundamental","pubTime":"2022-01-06 06:55","market":"us","language":"en","title":"Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=2201255535","media":"Reuters","summary":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - ","content":"<html><head></head><body><p>* S&amp;P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market &#34;very tight&#34;</p><p>* Indexes: Dow down 1.1%, S&amp;P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&amp;P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&amp;P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&amp;P sectors ending in the red, and Wall Street&#39;s fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed&#39;s Dec. 14-15 policy meeting, central bank policymakers said a &#34;very tight&#34; job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>&#34;Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,&#34; said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes &#34;more hawkish than expected.&#34;</p><p>The S&amp;P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&amp;P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&amp;P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed&#39;s benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department&#39;s more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</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>Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes</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\">\nNasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-06 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* S&amp;P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market &#34;very tight&#34;</p><p>* Indexes: Dow down 1.1%, S&amp;P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&amp;P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&amp;P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&amp;P sectors ending in the red, and Wall Street&#39;s fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed&#39;s Dec. 14-15 policy meeting, central bank policymakers said a &#34;very tight&#34; job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>&#34;Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,&#34; said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes &#34;more hawkish than expected.&#34;</p><p>The S&amp;P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&amp;P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&amp;P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed&#39;s benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department&#39;s more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","BK4559":"巴菲特持仓",".SPX":"S&P 500 Index",".DJI":"道琼斯","BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓",".IXIC":"NASDAQ Composite","BK4504":"桥水持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201255535","content_text":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.The S&P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.The selloff was broad, with all S&P sectors ending in the red, and Wall Street's fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.In the minutes from the Fed's Dec. 14-15 policy meeting, central bank policymakers said a \"very tight\" job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.\"Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes \"more hawkish than expected.\"The S&P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.Growth shares have been under pressure from a recent rise in U.S. Treasury yields.The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&P 500 financials index fell 1.3%, a day after it registered an all-time closing high.Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed's benchmark overnight interest rate is currently set near zero.Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.The report comes ahead of the Labor Department's more comprehensive and closely watched nonfarm payrolls data for December on Friday.Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.The S&P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.6,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1000,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9990450458,"gmtCreate":1660400885176,"gmtModify":1676533464812,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":25,"repostSize":0,"link":"https://ttm.financial/post/9990450458","repostId":"1129150866","repostType":4,"repost":{"id":"1129150866","kind":"news","pubTimestamp":1660352614,"share":"https://ttm.financial/m/news/1129150866?lang=en_US&edition=fundamental","pubTime":"2022-08-13 09:03","market":"us","language":"en","title":"Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231","url":"https://stock-news.laohu8.com/highlight/detail?id=1129150866","media":"MarketWatch","summary":"Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/e150d7de731c2e2e0ebee4395029900d\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>The S&amp;P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned that it might not be a signal to go all in on equities.</p><p>The S&amp;P 500 on Friday rose 1.7% to close at 4,280.15. The finish above 4,231 would mean the large-cap benchmark has recovered — or retraced — more than 50% of its fall from a Jan. 3 record finish at 4796.56.</p><p>“Since 1950 there has never been a bear market rally that exceeded the 50% retracement and then gone on to make new cycle lows,” said Jonathan Krinsky, chief market technician at BTIG, in a note earlier this month.</p><p>Stocks rose across the board Friday, with the S&amp;P 500 booking a fourth straight weekly gain. The Dow Jones Industrial Average advanced more than 420 points, or 1.3%, on Friday and the Nasdaq Composite rose 2.1%. The S&amp;P 500 attempted to complete the retracement in Thursday’s session, when it traded as high as 4,257.91, but gave up gains to end at 4,207.27.</p><p>Krinsky, in a Thursday update, had noted that an intraday breach of the level doesn’t cut it, but had cautioned that a close above 4,231 would still leave him cautious about the near-term outlook.</p><p>“Because the retracement is based on a closing basis, we would want to see a close above 4,231 to trigger that signal. Whether or not that happens, however, the tactical risk/reward looks poor to us here,” he wrote.</p><p>What’s so special about a 50% retracement? Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…).</p><p>If a number in the sequence is divided by the next number, for example 8 divided by 13, the result is near 0.618, a ratio that’s been dubbed the Golden Mean due to its prevalence in nature in everything from seashells to ocean waves to proportions of the human body. Back on Wall Street, technical analysts see key retracement targets for a rally from a significant low to a significant peak at 38.2%, 50% and 61.8%, while retracements of 23.6% and 76.4% are seen as secondary targets.</p><p>The push above the 50% retracement level during Thursday’s recession may have contributed to a round of selling itself, said Jeff deGraaf, founder of Renaissance Macro Research, in a Friday note.</p><p>He observed that the retracement corresponded to a 65-day high for the S&amp;P 500, offering another indication of an improving trend in a bear market as it represents the highest level of the last rolling quarter. A 65-day high is often seen as a default signal for commodity trading advisers, not just in the S&amp;P 500 but in commodity, bond and forex markets as well.</p><p>“That level coincidentally corresponded with the 50% retracement level of the bear market,” he wrote. “In essence, it forced the hand of one group to cover shorts (CTAs) while simultaneously giving another group (Fibonacci followers) an excuse to sell” on Thursday.</p><p>Krinsky, meanwhile, cautioned that previous 50% retracements in 1974, 2004, and 2009 all saw decent shakeouts shortly after clearing that threshold.</p><p>“Further, as the market has cheered ‘peak inflation’, we are now seeing a quiet resurgence in many commodities, and bonds continue to weaken,” he wrote Thursday.</p></body></html>","source":"lsy1603348471595","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>Why Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231</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\">\nWhy Stock Market Bulls Are Cheering the S&P 500’s Close above 4,231\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-13 09:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/why-stock-market-bulls-are-obsessed-with-the-4-231-level-for-the-s-p-500-11660309355?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129150866","content_text":"The S&P 500 index on Friday finished above a chart level that delivered a dose of encouragement to stock-market bulls arguing that the U.S. bear-market bottom is in, though technical analysts warned that it might not be a signal to go all in on equities.The S&P 500 on Friday rose 1.7% to close at 4,280.15. The finish above 4,231 would mean the large-cap benchmark has recovered — or retraced — more than 50% of its fall from a Jan. 3 record finish at 4796.56.“Since 1950 there has never been a bear market rally that exceeded the 50% retracement and then gone on to make new cycle lows,” said Jonathan Krinsky, chief market technician at BTIG, in a note earlier this month.Stocks rose across the board Friday, with the S&P 500 booking a fourth straight weekly gain. The Dow Jones Industrial Average advanced more than 420 points, or 1.3%, on Friday and the Nasdaq Composite rose 2.1%. The S&P 500 attempted to complete the retracement in Thursday’s session, when it traded as high as 4,257.91, but gave up gains to end at 4,207.27.Krinsky, in a Thursday update, had noted that an intraday breach of the level doesn’t cut it, but had cautioned that a close above 4,231 would still leave him cautious about the near-term outlook.“Because the retracement is based on a closing basis, we would want to see a close above 4,231 to trigger that signal. Whether or not that happens, however, the tactical risk/reward looks poor to us here,” he wrote.What’s so special about a 50% retracement? Many technical analysts pay attention to what’s known as the Fibonacci ratio, attributed to a 13th century Italian mathematician known as Leonardo “Fibonacci” of Pisa. It’s based on a sequence of whole numbers in which the sum of two adjacent numbers equals the next highest number (0,1,1,2,3,5,8,13, 21…).If a number in the sequence is divided by the next number, for example 8 divided by 13, the result is near 0.618, a ratio that’s been dubbed the Golden Mean due to its prevalence in nature in everything from seashells to ocean waves to proportions of the human body. Back on Wall Street, technical analysts see key retracement targets for a rally from a significant low to a significant peak at 38.2%, 50% and 61.8%, while retracements of 23.6% and 76.4% are seen as secondary targets.The push above the 50% retracement level during Thursday’s recession may have contributed to a round of selling itself, said Jeff deGraaf, founder of Renaissance Macro Research, in a Friday note.He observed that the retracement corresponded to a 65-day high for the S&P 500, offering another indication of an improving trend in a bear market as it represents the highest level of the last rolling quarter. A 65-day high is often seen as a default signal for commodity trading advisers, not just in the S&P 500 but in commodity, bond and forex markets as well.“That level coincidentally corresponded with the 50% retracement level of the bear market,” he wrote. “In essence, it forced the hand of one group to cover shorts (CTAs) while simultaneously giving another group (Fibonacci followers) an excuse to sell” on Thursday.Krinsky, meanwhile, cautioned that previous 50% retracements in 1974, 2004, and 2009 all saw decent shakeouts shortly after clearing that threshold.“Further, as the market has cheered ‘peak inflation’, we are now seeing a quiet resurgence in many commodities, and bonds continue to weaken,” he wrote Thursday.","news_type":1,"symbols_score_info":{".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":889,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904774989,"gmtCreate":1660101481245,"gmtModify":1703477946667,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":22,"commentSize":15,"repostSize":0,"link":"https://ttm.financial/post/9904774989","repostId":"2258257550","repostType":4,"isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9008218416,"gmtCreate":1641453268033,"gmtModify":1676533617053,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":16,"repostSize":0,"link":"https://ttm.financial/post/9008218416","repostId":"2201255535","repostType":4,"repost":{"id":"2201255535","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":1641423313,"share":"https://ttm.financial/m/news/2201255535?lang=en_US&edition=fundamental","pubTime":"2022-01-06 06:55","market":"us","language":"en","title":"Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=2201255535","media":"Reuters","summary":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - ","content":"<html><head></head><body><p>* S&amp;P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market &#34;very tight&#34;</p><p>* Indexes: Dow down 1.1%, S&amp;P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&amp;P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&amp;P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&amp;P sectors ending in the red, and Wall Street&#39;s fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed&#39;s Dec. 14-15 policy meeting, central bank policymakers said a &#34;very tight&#34; job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>&#34;Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,&#34; said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes &#34;more hawkish than expected.&#34;</p><p>The S&amp;P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&amp;P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&amp;P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed&#39;s benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department&#39;s more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</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>Nasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes</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\">\nNasdaq posts biggest daily drop since Feb after 'hawkish' Fed minutes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-06 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* S&amp;P 500 posts biggest daily pct fall since Nov. 26</p><p>* Fed minutes show officials said labor market &#34;very tight&#34;</p><p>* Indexes: Dow down 1.1%, S&amp;P 500 down 1.9%, Nasdaq down 3.3%</p><p>NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.</p><p>The S&amp;P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.</p><p>The S&amp;P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.</p><p>The selloff was broad, with all S&amp;P sectors ending in the red, and Wall Street&#39;s fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.</p><p>In the minutes from the Fed&#39;s Dec. 14-15 policy meeting, central bank policymakers said a &#34;very tight&#34; job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.</p><p>&#34;Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,&#34; said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes &#34;more hawkish than expected.&#34;</p><p>The S&amp;P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.</p><p>The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&amp;P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.</p><p>Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.</p><p>Growth shares have been under pressure from a recent rise in U.S. Treasury yields.</p><p>The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&amp;P 500 financials index fell 1.3%, a day after it registered an all-time closing high.</p><p>Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed&#39;s benchmark overnight interest rate is currently set near zero.</p><p>Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.</p><p>The report comes ahead of the Labor Department&#39;s more comprehensive and closely watched nonfarm payrolls data for December on Friday.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.</p><p>Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","BK4559":"巴菲特持仓",".SPX":"S&P 500 Index",".DJI":"道琼斯","BK4550":"红杉资本持仓","BK4534":"瑞士信贷持仓",".IXIC":"NASDAQ Composite","BK4504":"桥水持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201255535","content_text":"* S&P 500 posts biggest daily pct fall since Nov. 26* Fed minutes show officials said labor market \"very tight\"* Indexes: Dow down 1.1%, S&P 500 down 1.9%, Nasdaq down 3.3%NEW YORK, Jan 5 (Reuters) - U.S. stocks fell sharply on Wednesday, with the Nasdaq plunging more than 3% in its biggest one-day percentage drop since February, after U.S. Federal Reserve meeting minutes signaled the central bank may raise interest rates sooner than expected.The S&P 500 fell more than 1%, its biggest daily percentage decline since Nov. 26, the first day of trading after news of the Omicron variant of the coronavirus.The S&P 500 and Nasdaq quickly extended their declines after the release of the minutes, which investors viewed as more hawkish than they had feared. The Dow, which hit a record high earlier in the day, reversed course and ended down more than 1%.The selloff was broad, with all S&P sectors ending in the red, and Wall Street's fear gauge, the Cboe Volatility index, closing at its highest level since Dec. 21.In the minutes from the Fed's Dec. 14-15 policy meeting, central bank policymakers said a \"very tight\" job market and unabated inflation might require the Fed to raise rates sooner and begin reducing its overall asset holdings as a second brake on the economy.\"Indications that the Fed is very concerned about inflation could quickly create a view that the Fed will aggressively tighten in 2022,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York, calling the minutes \"more hawkish than expected.\"The S&P 500 technology sector fell 3.1% and was the biggest drag on the benchmark index, while the rate-sensitive real estate sector dropped 3.2% in its biggest daily percentage decline since Jan. 4, 2021.The Dow Jones Industrial Average fell 392.54 points, or 1.07%, to 36,407.11, the S&P 500 lost 92.96 points, or 1.94%, to 4,700.58 and the Nasdaq Composite dropped 522.54 points, or 3.34%, to 15,100.17.Rising interest rates increase borrowing costs for businesses and consumers, and higher rates can depress stock multiples, especially for technology and other growth stocks.Growth shares have been under pressure from a recent rise in U.S. Treasury yields.The Russell 2000 index also suffered its biggest one-day drop since Nov. 26, while the S&P 500 financials index fell 1.3%, a day after it registered an all-time closing high.Policymakers in December agreed to hasten the end of their pandemic-era program of bond purchases, and issued forecasts anticipating three quarter-percentage-point rate increases during 2022. The Fed's benchmark overnight interest rate is currently set near zero.Early in the day, an ADP National Employment report showed private payrolls increased by 807,000 jobs last month, more than double of what economists polled by Reuters had forecast.The report comes ahead of the Labor Department's more comprehensive and closely watched nonfarm payrolls data for December on Friday.Declining issues outnumbered advancing ones on the NYSE by a 4.32-to-1 ratio; on Nasdaq, a 4.22-to-1 ratio favored decliners.The S&P 500 posted 59 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 81 new highs and 307 new lows.Volume on U.S. exchanges was 12.18 billion shares, compared with the 10.4 billion average for the full session over the last 20 trading days.","news_type":1,"symbols_score_info":{".DJI":0.9,"SPY":0.6,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1067,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":493752748409736,"gmtCreate":1761567672689,"gmtModify":1761567675924,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> power&nbsp;","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> power&nbsp;","text":"$XIAOMI-W(01810)$ power","images":[{"img":"https://community-static.tradeup.com/news/6a57ef8a3859bc40bcd2b3f89f7c9bc3","width":"972","height":"1631"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/493752748409736","isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":438721002197392,"gmtCreate":1748146745829,"gmtModify":1748228707465,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Xiaomi is a great company, should have bought some more in the bad days!!! Who else share the same sentiment as well?&nbsp;","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a><v-v data-views=\"1\"></v-v>&nbsp; Xiaomi is a great company, should have bought some more in the bad days!!! Who else share the same sentiment as well?&nbsp;","text":"$XIAOMI-W(01810)$ Xiaomi is a great company, should have bought some more in the bad days!!! Who else share the same sentiment as well?","images":[{"img":"https://community-static.tradeup.com/news/5c9b7afaaba8e5ed1f584968c7e16d64","width":"972","height":"1631"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":21,"commentSize":2,"repostSize":2,"link":"https://ttm.financial/post/438721002197392","isVote":1,"tweetType":1,"viewCount":1592,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"10000000000010989","authorId":"10000000000010989","name":"Valerie Archibald","avatar":"https://static.tigerbbs.com/390bb094fc9bb64af7414f37cde534ff","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"10000000000010989","idStr":"10000000000010989"},"content":"Aside from stock price, this company makes excellent technology products. Their products are cheaper and yet competitive to other brands.","text":"Aside from stock price, this company makes excellent technology products. Their products are cheaper and yet competitive to other brands.","html":"Aside from stock price, this company makes excellent technology products. Their products are cheaper and yet competitive to other brands."}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":506125558882664,"gmtCreate":1764595939890,"gmtModify":1764595942588,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> okkk","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> okkk","text":"$XIAOMI-W(01810)$ okkk","images":[{"img":"https://community-static.tradeup.com/news/0ce1c81e131450498845e302a33937c5","width":"972","height":"1631"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/506125558882664","isVote":1,"tweetType":1,"viewCount":819,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":184736979,"gmtCreate":1623724342391,"gmtModify":1704209646716,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":14,"repostSize":0,"link":"https://ttm.financial/post/184736979","repostId":"1113672520","repostType":4,"isVote":1,"tweetType":1,"viewCount":690,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":500009788363008,"gmtCreate":1763097770048,"gmtModify":1763097773627,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"htmlText":"Okkk","listText":"Okkk","text":"Okkk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/500009788363008","isVote":1,"tweetType":1,"viewCount":483,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":498729143219088,"gmtCreate":1762785108106,"gmtModify":1762785111716,"author":{"id":"3557814871166009","authorId":"3557814871166009","name":"闪电侠08","avatar":"https://static.tigerbbs.com/f6450511f68919f0aaec67826ad592dd","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3557814871166009","idStr":"3557814871166009"},"themes":[],"title":"","htmlText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> Yes&nbsp;","listText":"<a href=\"https://ttm.financial/S/01810\">$XIAOMI-W(01810)$&nbsp;</a> Yes&nbsp;","text":"$XIAOMI-W(01810)$ Yes","images":[{"img":"https://community-static.tradeup.com/news/36031d81dbd54ca1d5f2481b2614ec0c","width":"972","height":"1631"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/498729143219088","isVote":1,"tweetType":1,"viewCount":624,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}