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2021-06-22

Hmm

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2021-06-26

?

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2021-07-02

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S&P 500 winning streak extends to sixth straight record close

2021-07-05

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2021-06-22

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Brent Oil Edges Above $75 as Investors Assess Tightening Market

2021-07-02

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Hertz Faces Volatile Trading, Bondholder Lawsuit After Leaving Bankruptcy

2021-07-02

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2021-06-18

$Orphazyme A/S(ORPH)$What happened omg

Go to Tiger App to see more news

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13:33","market":"us","language":"en","title":"Zoltan Pozsar Sees a $1 Trillion Problem for Money Markets Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=1108104674","media":"Bloomberg","summary":"An explosive mix of  excess cash sloshing in the financial system, ongoing quantitative easing and a","content":"<p>An explosive mix of&nbsp; excess cash&nbsp;sloshing in the financial system, ongoing quantitative easing and a looming debt ceiling deadline could combine to create a headache for major money markets, according to Zoltan Pozsar.</p>\n<p>The Credit Suisse Group AG strategist andlong-time<i>Odd Lots</i>guesthasearned a reputationfor predicting the repo madness of&nbsp;late 2019, and is once again predicting volatility in a key funding market. At issue is the amount of money that could flow into the Federal Reserve’s reverse repurchase facility (RRP)&nbsp;as money market funds and banks reshuffle their existing holdings to take advantage of arecent increase in interest.</p>\n<p>The Fed surprised the market last month by tweaking interest paid on the RRP from nothing to 5 basis points, a move that’s been luring billions of dollars into a facility intended to help the central bank keep a floor under interest rates. Already Pozsar estimates that usage of the facility has&nbsp;jumped by $300 billionsince the RRP rate hike as money market funds dump lower-yielding T-bills in favor of parking cash at the RRP.</p>\n<p>Now he sees the possibility of more money flowing in:</p>\n<blockquote>\n “The first chart on page six shows the results for the largest fund complexes – as of May 31st, the largest money funds had capacity to rotate out of $1 trillion of bills and place that much more money in the o/n RRP facility – that’s a lot. The second chart on page six shows that the bill holdings of these money funds will mature by August 31st – that’s a lot in a short period of time. Not included in these charts are second-tier money funds that hold $350 billion in bills, some $300 billion of which they have capacity to replace with o/n RRPs. \n <b>Thus, we’re looking at $1.3 trillion of flows from bills into RRPs by the end of August!”</b>\n <img src=\"https://static.tigerbbs.com/730a03147ce0ec7569f78f032ee12376\" tg-width=\"1000\" tg-height=\"572\" referrerpolicy=\"no-referrer\">Source: Zoltan Pozsar/Credit Suisse\n</blockquote>\n<p>In other words, Pozsar argues that money market funds are incentivized to rotate out of Treasury bills and into the newly-lucrative RRP, potentially leaving billions of dollars worth of bills that the market will need to absorb, thereby draining reserves from the banking system.</p>\n<p>So far that hasn’t been too much of a problem, with shorter-term investors keen to snap up bills ahead of an expected crunch in supply. A reinstatement of the debt ceiling, which was suspended during the depths of the pandemic, is expected to hit supply as the Treasury will have to slash&nbsp;its balance at the Fed to $400 billion before July 31.</p>\n<p>But ongoing QE from the Fed ($250 billion in the next two months) will leave some $400 billion that still needs to be drained, according to Pozsar’s estimates. That could lead tomarket weirdnessas banks retool their balance sheets:</p>\n<blockquote>\n $400 billion sterilized is a lot, but nothing relative to the $2.25 trillion in reserves added during the pandemic – we shouldn’t really hyperventilate about all this in the aggregate. But we don’t like to look at things in the aggregate.\n</blockquote>\n<blockquote>\n If institutions spend $400 billion of non-operating deposits on Treasury bills, which banks will lose those deposits? Probably those that grew the most during the pandemic, which were J.P. Morgan and Bank of America, where the sum of brokered and non-operating deposits grew by $200 and $125 billion, respectively (see charts on page 3 and 4). Maybe these pandemic deposits are just as sticky as pre-pandemic deposits, but maybe not. We’ll just have to see. \n <b>But if these deposits go, the J.P. Morgan portfolio will lend fewer reserves in the FX swap market, and Bank of America will have less excess reserves to fund its recent, “programmatic” purchases of duration. The liquidity posture of the lender of next-to-last-resort and the buyer-of-last resort will thus change. None of this is an issue for the banks in discussion, but it could lead to events in the markets – FX swaps, long-dated Treasuries, and MBS – that they backstop</b>… Bank of America enters this period with its reserves at the lower end of their post pandemic range.”\n <img src=\"https://static.tigerbbs.com/96d2822f5e5d1321bd1376207843ed0b\" tg-width=\"1000\" tg-height=\"577\" referrerpolicy=\"no-referrer\">Source: Credit Suisse/Zoltan Pozsar\n</blockquote>\n<p>Pozsar’s promised more info on the market effects on Tuesday.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zoltan Pozsar Sees a $1 Trillion Problem for Money Markets Ahead</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\">\nZoltan Pozsar Sees a $1 Trillion Problem for Money Markets Ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 13:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-05/zoltan-pozsar-sees-a-1-trillion-problem-for-money-markets-ahead><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>An explosive mix of  excess cash sloshing in the financial system, ongoing quantitative easing and a looming debt ceiling deadline could combine to create a headache for major money markets, according...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-05/zoltan-pozsar-sees-a-1-trillion-problem-for-money-markets-ahead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIL":"债券指数ETF-SPDR Barclays美国1-3月国债",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-05/zoltan-pozsar-sees-a-1-trillion-problem-for-money-markets-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108104674","content_text":"An explosive mix of  excess cash sloshing in the financial system, ongoing quantitative easing and a looming debt ceiling deadline could combine to create a headache for major money markets, according to Zoltan Pozsar.\nThe Credit Suisse Group AG strategist andlong-timeOdd Lotsguesthasearned a reputationfor predicting the repo madness of late 2019, and is once again predicting volatility in a key funding market. At issue is the amount of money that could flow into the Federal Reserve’s reverse repurchase facility (RRP) as money market funds and banks reshuffle their existing holdings to take advantage of arecent increase in interest.\nThe Fed surprised the market last month by tweaking interest paid on the RRP from nothing to 5 basis points, a move that’s been luring billions of dollars into a facility intended to help the central bank keep a floor under interest rates. Already Pozsar estimates that usage of the facility has jumped by $300 billionsince the RRP rate hike as money market funds dump lower-yielding T-bills in favor of parking cash at the RRP.\nNow he sees the possibility of more money flowing in:\n\n “The first chart on page six shows the results for the largest fund complexes – as of May 31st, the largest money funds had capacity to rotate out of $1 trillion of bills and place that much more money in the o/n RRP facility – that’s a lot. The second chart on page six shows that the bill holdings of these money funds will mature by August 31st – that’s a lot in a short period of time. Not included in these charts are second-tier money funds that hold $350 billion in bills, some $300 billion of which they have capacity to replace with o/n RRPs. \n Thus, we’re looking at $1.3 trillion of flows from bills into RRPs by the end of August!”\nSource: Zoltan Pozsar/Credit Suisse\n\nIn other words, Pozsar argues that money market funds are incentivized to rotate out of Treasury bills and into the newly-lucrative RRP, potentially leaving billions of dollars worth of bills that the market will need to absorb, thereby draining reserves from the banking system.\nSo far that hasn’t been too much of a problem, with shorter-term investors keen to snap up bills ahead of an expected crunch in supply. A reinstatement of the debt ceiling, which was suspended during the depths of the pandemic, is expected to hit supply as the Treasury will have to slash its balance at the Fed to $400 billion before July 31.\nBut ongoing QE from the Fed ($250 billion in the next two months) will leave some $400 billion that still needs to be drained, according to Pozsar’s estimates. That could lead tomarket weirdnessas banks retool their balance sheets:\n\n $400 billion sterilized is a lot, but nothing relative to the $2.25 trillion in reserves added during the pandemic – we shouldn’t really hyperventilate about all this in the aggregate. But we don’t like to look at things in the aggregate.\n\n\n If institutions spend $400 billion of non-operating deposits on Treasury bills, which banks will lose those deposits? Probably those that grew the most during the pandemic, which were J.P. Morgan and Bank of America, where the sum of brokered and non-operating deposits grew by $200 and $125 billion, respectively (see charts on page 3 and 4). Maybe these pandemic deposits are just as sticky as pre-pandemic deposits, but maybe not. We’ll just have to see. \n But if these deposits go, the J.P. Morgan portfolio will lend fewer reserves in the FX swap market, and Bank of America will have less excess reserves to fund its recent, “programmatic” purchases of duration. The liquidity posture of the lender of next-to-last-resort and the buyer-of-last resort will thus change. None of this is an issue for the banks in discussion, but it could lead to events in the markets – FX swaps, long-dated Treasuries, and MBS – that they backstop… Bank of America enters this period with its reserves at the lower end of their post pandemic range.”\n Source: Credit Suisse/Zoltan Pozsar\n\nPozsar’s promised more info on the market effects on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156888075,"gmtCreate":1625210813397,"gmtModify":1703738428060,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576139763883008","idStr":"3576139763883008"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156888075","repostId":"1156965598","repostType":4,"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156883694,"gmtCreate":1625210655918,"gmtModify":1703738425570,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576139763883008","idStr":"3576139763883008"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156883694","repostId":"1169411779","repostType":4,"repost":{"id":"1169411779","pubTimestamp":1625204508,"share":"https://ttm.financial/m/news/1169411779?lang=&edition=fundamental","pubTime":"2021-07-02 13:41","market":"us","language":"en","title":"Tesla top-of-range car caught fire while owner was driving, lawyer says","url":"https://stock-news.laohu8.com/highlight/detail?id=1169411779","media":"Reuters","summary":"BERKELEY, California, July 1 (Reuters) - A Tesla Inc Model S Plaid electric vehicle burst into flame","content":"<p>BERKELEY, California, July 1 (Reuters) - A Tesla Inc Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car was delivered following its June launch, an attorney for the driver told Reuters.</p>\n<p>The driver, identified as an \"executive entrepreneur\", was initially not able to get out of the car because its electronic door system failed, prompting the driver to \"use force to push it open,\" Mark Geragos, of Geragos &amp; Geragos, said on Friday.</p>\n<p>The car continued to move for about 35 feet to 40 feet (11 to 12 meters) before turning into a \"fireball\" in a residential area near the owner's Pennsylvania home.</p>\n<p>\"It was a harrowing and horrifying experience,\" Geragos said.</p>\n<p>\"This is a brand new model... We are doing an investigation. We are calling for the S Plaid to be grounded, not to be on the road until we get to the bottom of this,\" he said.</p>\n<p>Tesla did not have an immediate comment when contacted by Reuters.</p>\n<p>Tesla Chief Executive Elon Musk touted the performance version of its Model S sedan as being \"faster than any Porsche, safer than any Volvo\" at a launch event at the automaker's factory in Fremont, California, last month.</p>\n<p>Earlier in April, he said the new Model S sedan and Model X sport utility vehicle had a new battery pack.</p>\n<p>\"It took quite a bit of development to ensure that the battery of the new S/X is safe,\" Musk said on a conference call, addressing production delays. \"There were more challenges than expected in developing the new version.\"</p>\n<p>Local fire authorities in a now-deleted Facebook post said \"a Tesla was on fire\" and that they cooled \"the batteries down to ensure complete extinguishment\".</p>\n<p>The National Highway Traffic Safety Administration (NHTSA) said it is \"in touch with relevant agencies and the manufacturer to gather information about the incident\".</p>\n<p>\"If data or investigations show a defect or an inherent risk to safety exists, NHTSA will take action as appropriate to protect the public,\" the federal safety agency said.</p>","source":"lsy1612507957220","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>Tesla top-of-range car caught fire while owner was driving, lawyer says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla top-of-range car caught fire while owner was driving, lawyer says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 13:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-top-range-car-caught-053603116.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BERKELEY, California, July 1 (Reuters) - A Tesla Inc Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-top-range-car-caught-053603116.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/tesla-top-range-car-caught-053603116.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169411779","content_text":"BERKELEY, California, July 1 (Reuters) - A Tesla Inc Model S Plaid electric vehicle burst into flames on Tuesday while the owner was driving, just three days after the $129,900, top-of-the-range car was delivered following its June launch, an attorney for the driver told Reuters.\nThe driver, identified as an \"executive entrepreneur\", was initially not able to get out of the car because its electronic door system failed, prompting the driver to \"use force to push it open,\" Mark Geragos, of Geragos & Geragos, said on Friday.\nThe car continued to move for about 35 feet to 40 feet (11 to 12 meters) before turning into a \"fireball\" in a residential area near the owner's Pennsylvania home.\n\"It was a harrowing and horrifying experience,\" Geragos said.\n\"This is a brand new model... We are doing an investigation. We are calling for the S Plaid to be grounded, not to be on the road until we get to the bottom of this,\" he said.\nTesla did not have an immediate comment when contacted by Reuters.\nTesla Chief Executive Elon Musk touted the performance version of its Model S sedan as being \"faster than any Porsche, safer than any Volvo\" at a launch event at the automaker's factory in Fremont, California, last month.\nEarlier in April, he said the new Model S sedan and Model X sport utility vehicle had a new battery pack.\n\"It took quite a bit of development to ensure that the battery of the new S/X is safe,\" Musk said on a conference call, addressing production delays. \"There were more challenges than expected in developing the new version.\"\nLocal fire authorities in a now-deleted Facebook post said \"a Tesla was on fire\" and that they cooled \"the batteries down to ensure complete extinguishment\".\nThe National Highway Traffic Safety Administration (NHTSA) said it is \"in touch with relevant agencies and the manufacturer to gather information about the incident\".\n\"If data or investigations show a defect or an inherent risk to safety exists, NHTSA will take action as appropriate to protect the public,\" the federal safety agency said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156889238,"gmtCreate":1625210603924,"gmtModify":1703738424737,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576139763883008","idStr":"3576139763883008"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156889238","repostId":"1175817125","repostType":4,"repost":{"id":"1175817125","pubTimestamp":1625180880,"share":"https://ttm.financial/m/news/1175817125?lang=&edition=fundamental","pubTime":"2021-07-02 07:08","market":"us","language":"en","title":"S&P 500 winning streak extends to sixth straight record close","url":"https://stock-news.laohu8.com/highlight/detail?id=1175817125","media":"Reuters","summary":"NEW YORK  - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.Investors now eye Friday’s much-anticipated employment report.The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.“Historical data shows if you have a strong first half, the second half of the year was ac","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.</p>\n<p>Investors now eye Friday’s much-anticipated employment report.</p>\n<p>The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.</p>\n<p>“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.</p>\n<p>All three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.</p>\n<p>The Philadelphia SE Semiconductor index slid 1.5%</p>\n<p>“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”</p>\n<p>“It feels like investors left for the Fourth of July weekend about three months ago.”</p>\n<p>The ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.</p>\n<p>Jobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray &amp; Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.</p>\n<p>Activity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.</p>\n<p>“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.</p>\n<p>Friday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.</p>\n<p>“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”</p>\n<p>The Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&amp;P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, consumer staples was the sole loser, shedding 0.3%.</p>\n<p>Walgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.</p>\n<p>Didi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.</p>\n<p>Micron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.</p>\n<p>Volume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 winning streak extends to sixth straight record close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 winning streak extends to sixth straight record close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332\">Web 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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175817125","content_text":"NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.\nInvestors now eye Friday’s much-anticipated employment report.\nThe bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.\n“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.\nAll three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.\nThe Philadelphia SE Semiconductor index slid 1.5%\n“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”\n“It feels like investors left for the Fourth of July weekend about three months ago.”\nThe ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.\nJobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray & Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.\nActivity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.\n“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.\nFriday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.\n“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”\nThe Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.\nOf the 11 major sectors in the S&P 500, consumer staples was the sole loser, shedding 0.3%.\nWalgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.\nDidi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.\nMicron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.\nThe S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.\nVolume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125428567,"gmtCreate":1624687448459,"gmtModify":1703843685621,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576139763883008","idStr":"3576139763883008"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125428567","repostId":"1108941456","repostType":4,"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120443050,"gmtCreate":1624334432270,"gmtModify":1703833790300,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576139763883008","idStr":"3576139763883008"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120443050","repostId":"1111429380","repostType":4,"isVote":1,"tweetType":1,"viewCount":255,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120451736,"gmtCreate":1624333889125,"gmtModify":1703833778894,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576139763883008","idStr":"3576139763883008"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120451736","repostId":"1184835150","repostType":4,"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166692821,"gmtCreate":1624005059763,"gmtModify":1703826331833,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576139763883008","idStr":"3576139763883008"},"themes":[],"htmlText":"<a 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07:08","market":"us","language":"en","title":"S&P 500 winning streak extends to sixth straight record close","url":"https://stock-news.laohu8.com/highlight/detail?id=1175817125","media":"Reuters","summary":"NEW YORK  - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.Investors now eye Friday’s much-anticipated employment report.The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.“Historical data shows if you have a strong first half, the second half of the year was ac","content":"<p>NEW YORK (Reuters) - The S&amp;P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.</p>\n<p>Investors now eye Friday’s much-anticipated employment report.</p>\n<p>The bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.</p>\n<p>“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.</p>\n<p>All three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.</p>\n<p>The Philadelphia SE Semiconductor index slid 1.5%</p>\n<p>“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”</p>\n<p>“It feels like investors left for the Fourth of July weekend about three months ago.”</p>\n<p>The ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.</p>\n<p>Jobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray &amp; Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.</p>\n<p>Activity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.</p>\n<p>“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.</p>\n<p>Friday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.</p>\n<p>“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”</p>\n<p>The Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&amp;P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, consumer staples was the sole loser, shedding 0.3%.</p>\n<p>Walgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.</p>\n<p>Didi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.</p>\n<p>Micron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.</p>\n<p>Volume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 winning streak extends to sixth straight record close</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 winning streak extends to sixth straight record close\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 07:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based ...</p>\n\n<a href=\"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332\">Web 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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.reuters.com/article/usa-stocks/us-stocks-sp-500-winning-streak-extends-to-sixth-straight-record-close-idUSL2N2OD332","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175817125","content_text":"NEW YORK (Reuters) - The S&P 500 reached its sixth consecutive all-time closing high on Thursday, as a new quarter and the second half of the year began with upbeat economic data and a broad-based rally.\nInvestors now eye Friday’s much-anticipated employment report.\nThe bellwether index is enjoying its longest winning streak since early February, and the last time it logged six straight all-time highs was last August.\n“Historical data shows if you have a strong first half, the second half of the year was actually going even stronger,” said Ross Mayfield, investment strategy analyst with Baird Private Wealth.\nAll three major U.S. stock indexes ended the session in positive territory, but a decline in tech shares - led by microchips - tempered the Nasdaq’s gain.\nThe Philadelphia SE Semiconductor index slid 1.5%\n“For markets so far this year, boring is beautiful,” said David Carter, chief investment officer at Lenox Wealth Advisors in New York. “Economic growth has been strong enough to support prices and many asset classes are trading with historically low volatility.”\n“It feels like investors left for the Fourth of July weekend about three months ago.”\nThe ongoing worker shortage, attributed to federal emergency unemployment benefits, a childcare shortage and lingering pandemic fears, was a common theme in the day’s economic data.\nJobless claims continued their downward trajectory according to the Labor Department, touching their lowest level since the pandemic shutdown, and a report from Challenger, Gray & Christmas showed planned layoffs by U.S. firms were down 88% from last year, hitting a 21-year low.\nActivity at U.S. factories expanded at a slightly decelerated pace in June, according to the Institute for Supply Management’s (ISM) purchasing managers’ index (PMI), with the employment component dipping into contraction for the first time since November. The prices paid index, driven higher by the current demand/supply imbalance, soared to its highest level since 1979, according to ISM.\n“The employment and manufacturing data released today supported the idea of continued growth but at a decelerated rate,” Carter added.\nFriday’s hotly anticipated jobs report is expected to show payrolls growing by 700,000 and unemployment inching down to 5.7%. A robust upside surprise could lead the U.S. Federal Reserve to adjust its timetable for tapering its securities purchases and raising key interest rates.\n“Too-strong economic data could perversely be a bad thing for markets if it caused the Fed to raise rates faster than expected,” Carter said. “Weak employment data may actually be welcomed.”\nThe Dow Jones Industrial Average rose 131.02 points, or 0.38%, to 34,633.53, the S&P 500 gained 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.\nOf the 11 major sectors in the S&P 500, consumer staples was the sole loser, shedding 0.3%.\nWalgreens Boots Alliance Inc dropped 7.4% after it said it expects to administer fewer COVID-19 vaccine shots in the fourth quarter.\nDidi Global Inc jumped 16.0%, on its second day of trading as a U.S.-listed company.\nMicron Technology Inc slid by 5.7% following a report that Texas Instruments would buy Micron’s Lehi, Utah, factory for $900 million.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.78-to-1 ratio; on Nasdaq, a 1.32-to-1 ratio favored advancers.\nThe S&P 500 posted 36 new 52-week highs and no new lows; the Nasdaq Composite recorded 78 new highs and 30 new lows.\nVolume on U.S. exchanges was 9.53 billion shares, compared with the 10.9 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":154077794,"gmtCreate":1625464841518,"gmtModify":1703742243541,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576139763883008","authorIdStr":"3576139763883008"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/154077794","repostId":"1108104674","repostType":4,"isVote":1,"tweetType":1,"viewCount":533,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120451736,"gmtCreate":1624333889125,"gmtModify":1703833778894,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576139763883008","authorIdStr":"3576139763883008"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/120451736","repostId":"1184835150","repostType":4,"repost":{"id":"1184835150","pubTimestamp":1624331221,"share":"https://ttm.financial/m/news/1184835150?lang=&edition=fundamental","pubTime":"2021-06-22 11:07","market":"fut","language":"en","title":"Brent Oil Edges Above $75 as Investors Assess Tightening Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1184835150","media":"Bloomberg","summary":"Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tighten","content":"<p>Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.</p>\n<p>Futures in London edged above that mark in early Asian trading after rising 1.9% in the previous session, the most in four weeks. The market continues to firm in a bullish structure, with one timespread for West Texas Intermediate expanding to thewidestbackwardation in seven years. Genscape Inc. reported stockpiles at the key American storage hub of Cushing fell again last week from the lowest level since March 2020, according to people familiar.</p>\n<p><img src=\"https://static.tigerbbs.com/a18ab840ab7ec2290e6d5470cb1883fc\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Brent oil has rallied more than 40% this year as a strong rebound from the pandemic in the U.S., China and Europe underpins increasing fuel consumption, although a virus comeback in parts of Asia is a reminder that the recovery will be uneven. The global crude benchmark may even advance to$100 a barrelnext year as travel demand rebounds, according to Bank of America Corp.</p>\n<p>“Demand optimism is now well established and a tightening of the market is very much in the spotlight,” said Vandana Hari, the founder of Vanda Insights. “If there is a pause in this rally, it will likely come from the supply side.”</p>\n<p>One bit of bearish news amid all the optimism is China’scrackdownon the nation’s private refiners. Asecond batchof 2021 crude import quotas allocated to the independents was about 35% less than last year, which will crimp flows into a sector that accounts for around a quarter of Chinese processing capacity.</p>\n<table>\n <tbody>\n  <tr>\n   <th>PRICES</th>\n  </tr>\n  <tr>\n   <td>\n    <ul>\n     <li>Brent for August settlement rose as much as 0.3% to $75.15 on the ICE Futures Europe exchange, the highest intraday level since April 2019, before easing to $75.09 at 9:50 a.m. in Singapore.</li>\n     <li>The prompt timespread for Brent was 86 cents in backwardation, compared with 57 cents at the start of last week.</li>\n     <li>WTI for July delivery, which expires Tuesday, gained 0.1% to $73.75 a barrel on the New York Mercantile Exchange.</li>\n    </ul></td>\n  </tr>\n </tbody>\n</table>\n<p>The premium traders are placing on WTI for September delivery over October contracts touched $1.12 a barrel on Monday. Before this, the gap between the third- and fourth-closest contracts had only traded above $1 over two periods in the past 13 years -- in 2008 and from mid-2013 to mid-2014.</p>\n<p>U.S. crude stockpiles, meanwhile, dropped by 3.5 million barrels last week, according to the median estimate in a Bloomberg survey. If confirmed by government data on Wednesday, it would be a fifth weekly decline.</p>\n<p>The increasingly bullish outlook for oil is adding pressure on the OPEC+ alliance led by Saudi Arabia and Russia, which meets next week to consider reviving more of the production it curbed during the pandemic.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Brent Oil Edges Above $75 as Investors Assess Tightening Market</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\">\nBrent Oil Edges Above $75 as Investors Assess Tightening Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 11:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-21/oil-steadies-after-surge-as-investors-assess-tightening-market><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.\nFutures in London edged above that mark in early Asian trading after rising 1.9% in the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-21/oil-steadies-after-surge-as-investors-assess-tightening-market\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-06-21/oil-steadies-after-surge-as-investors-assess-tightening-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184835150","content_text":"Brent oil hit $75 a barrel for the first time in more than two years amid signs of a rapidly tightening market.\nFutures in London edged above that mark in early Asian trading after rising 1.9% in the previous session, the most in four weeks. The market continues to firm in a bullish structure, with one timespread for West Texas Intermediate expanding to thewidestbackwardation in seven years. Genscape Inc. reported stockpiles at the key American storage hub of Cushing fell again last week from the lowest level since March 2020, according to people familiar.\n\nBrent oil has rallied more than 40% this year as a strong rebound from the pandemic in the U.S., China and Europe underpins increasing fuel consumption, although a virus comeback in parts of Asia is a reminder that the recovery will be uneven. The global crude benchmark may even advance to$100 a barrelnext year as travel demand rebounds, according to Bank of America Corp.\n“Demand optimism is now well established and a tightening of the market is very much in the spotlight,” said Vandana Hari, the founder of Vanda Insights. “If there is a pause in this rally, it will likely come from the supply side.”\nOne bit of bearish news amid all the optimism is China’scrackdownon the nation’s private refiners. Asecond batchof 2021 crude import quotas allocated to the independents was about 35% less than last year, which will crimp flows into a sector that accounts for around a quarter of Chinese processing capacity.\n\n\n\nPRICES\n\n\n\n\nBrent for August settlement rose as much as 0.3% to $75.15 on the ICE Futures Europe exchange, the highest intraday level since April 2019, before easing to $75.09 at 9:50 a.m. in Singapore.\nThe prompt timespread for Brent was 86 cents in backwardation, compared with 57 cents at the start of last week.\nWTI for July delivery, which expires Tuesday, gained 0.1% to $73.75 a barrel on the New York Mercantile Exchange.\n\n\n\n\nThe premium traders are placing on WTI for September delivery over October contracts touched $1.12 a barrel on Monday. Before this, the gap between the third- and fourth-closest contracts had only traded above $1 over two periods in the past 13 years -- in 2008 and from mid-2013 to mid-2014.\nU.S. crude stockpiles, meanwhile, dropped by 3.5 million barrels last week, according to the median estimate in a Bloomberg survey. If confirmed by government data on Wednesday, it would be a fifth weekly decline.\nThe increasingly bullish outlook for oil is adding pressure on the OPEC+ alliance led by Saudi Arabia and Russia, which meets next week to consider reviving more of the production it curbed during the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":318,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156888075,"gmtCreate":1625210813397,"gmtModify":1703738428060,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576139763883008","authorIdStr":"3576139763883008"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156888075","repostId":"1156965598","repostType":4,"repost":{"id":"1156965598","pubTimestamp":1625205255,"share":"https://ttm.financial/m/news/1156965598?lang=&edition=fundamental","pubTime":"2021-07-02 13:54","market":"us","language":"en","title":"Hertz Faces Volatile Trading, Bondholder Lawsuit After Leaving Bankruptcy","url":"https://stock-news.laohu8.com/highlight/detail?id=1156965598","media":"WSJ","summary":"Hertz Global Holdings Inc. shares swung wildly in the over-the-counter market after the rental-car c","content":"<p>Hertz Global Holdings Inc. shares swung wildly in the over-the-counter market after the rental-car company formally emerged from bankruptcy and was swiftly sued by bondholders demanding $272 million in premium payments.</p>\n<p>Hertz shares resumed trading Thursday under a new ticker, HTZZ, beginning the session at around $22 before climbing as high as $33.80. They erased most of those gains within the first half-hour of trading and were above $26 a share in afternoon trading.</p>\n<p>Thursday’s trading action marks the latest bout of volatility for Hertz, a stock once known as a darling among individual investors who frequented online forums like Reddit’s WallStreetBets. Hertz left chapter 11 on Wednesday, emerging from court protection andnaming new directors.</p>\n<p>The bankruptcy deal that lifted Hertz out of chapter 11 supplied shareholders with a handsome payout of cash, shares and warrants. Some bondholders bought equity in a bankruptcy rights offering, becoming part-owners of the restructured business. Others that didn’t filed court papers Wednesday demanding premium payments they said they were due.</p>\n<p>The lawsuit, filed by Wells Fargo Bank NA on behalf of bondholders it represents, said that Hertz owes make-whole payments—premiums that must be paid under some borrowing arrangements when bonds are retired before their maturity date. Make-whole provisions can be triggered when debt is redeemed or refinanced, requiring that creditors be compensated for the interest they would otherwise have received.</p>\n<p>Hertz disputes that any make-whole is due, according to the complaint. The company didn’t respond to a request for comment.</p>\n<p>The bondholders said it wouldn’t be fair to deny them premium payments when shareholders received roughly $1 billion in value when Hertz left bankruptcy. The shareholder payout was the result of an intense bidding war that drove up Hertz’s value enough to cover its debts in full andsupply a recovery to equity, a rarity in corporate bankruptcies.</p>\n<p>The bondholders had teamed up with a private-equity group to try to take control of Hertz but lost out to investors Knighthead Capital Management LLC and Certares Management LLC, which took a majority stake in the company, along with co-investors.</p>\n<p>Bondholders owed roughly $833 million agreed to waive their rights to seek make-whole premiums when they opted to participate in the equity rights offering. Holders of a further $1.867 billion in bonds instead had their principal repaid on Wednesday, and are now seeking to also collect the premium payments.</p>\n<p>The bonds are in four tranches that mature in 2022, 2024, 2026 and 2028, and were cashed out well before their maturities.</p>\n<p>If the premium payments aren’t approved in court, the bondholders asked, as an alternative, to be paid $128 million in interest dating to Hertz’sMay 2020 bankruptcy petition. Hertz also disputes the post-petition interest claim, according to the complaint.</p>\n<p>Hertz was delisted from the New York Stock Exchange in October following a precipitous, monthslong decline that took its stock price near zero. Although the company’s shares managed to regain some ground in the over-the-counter market through the end of the year, they plummeted in March, heading toward zero again, after Hertz unveiled a restructuring proposal that would have wiped out equity, as is typical for companies in chapter 11.</p>\n<p>The shares, which at the time traded under the ticker HTZGQ, fell as low as 41 cents in intraday trading March 4, marking their low point this year.</p>\n<p>Shortly afterward, however, Hertz mounted an astounding recovery, buoyed by consumers’ eagerness to resume travel as the Covid-19 pandemic showed signs of waning. After competition between investment firms drove up Hertz’s value, sending the stock’s closing price past the $8 mark by the end of June, the company suddenly was able to cover its debts and leave plenty left over for shareholders.</p>\n<p>Individual investors, derided by Wall Street veterans last year for piling into a distressed company, were rewarded when Hertz exited bankruptcy.</p>\n<p>For now, Hertz shares will continue to trade over the counter.</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>Hertz Faces Volatile Trading, Bondholder Lawsuit After Leaving Bankruptcy</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\">\nHertz Faces Volatile Trading, Bondholder Lawsuit After Leaving Bankruptcy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 13:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/hertz-faces-volatile-trading-bondholder-lawsuit-after-leaving-bankruptcy-11625167888?mod=markets_lead_pos4><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hertz Global Holdings Inc. shares swung wildly in the over-the-counter market after the rental-car company formally emerged from bankruptcy and was swiftly sued by bondholders demanding $272 million ...</p>\n\n<a href=\"https://www.wsj.com/articles/hertz-faces-volatile-trading-bondholder-lawsuit-after-leaving-bankruptcy-11625167888?mod=markets_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/hertz-faces-volatile-trading-bondholder-lawsuit-after-leaving-bankruptcy-11625167888?mod=markets_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156965598","content_text":"Hertz Global Holdings Inc. shares swung wildly in the over-the-counter market after the rental-car company formally emerged from bankruptcy and was swiftly sued by bondholders demanding $272 million in premium payments.\nHertz shares resumed trading Thursday under a new ticker, HTZZ, beginning the session at around $22 before climbing as high as $33.80. They erased most of those gains within the first half-hour of trading and were above $26 a share in afternoon trading.\nThursday’s trading action marks the latest bout of volatility for Hertz, a stock once known as a darling among individual investors who frequented online forums like Reddit’s WallStreetBets. Hertz left chapter 11 on Wednesday, emerging from court protection andnaming new directors.\nThe bankruptcy deal that lifted Hertz out of chapter 11 supplied shareholders with a handsome payout of cash, shares and warrants. Some bondholders bought equity in a bankruptcy rights offering, becoming part-owners of the restructured business. Others that didn’t filed court papers Wednesday demanding premium payments they said they were due.\nThe lawsuit, filed by Wells Fargo Bank NA on behalf of bondholders it represents, said that Hertz owes make-whole payments—premiums that must be paid under some borrowing arrangements when bonds are retired before their maturity date. Make-whole provisions can be triggered when debt is redeemed or refinanced, requiring that creditors be compensated for the interest they would otherwise have received.\nHertz disputes that any make-whole is due, according to the complaint. The company didn’t respond to a request for comment.\nThe bondholders said it wouldn’t be fair to deny them premium payments when shareholders received roughly $1 billion in value when Hertz left bankruptcy. The shareholder payout was the result of an intense bidding war that drove up Hertz’s value enough to cover its debts in full andsupply a recovery to equity, a rarity in corporate bankruptcies.\nThe bondholders had teamed up with a private-equity group to try to take control of Hertz but lost out to investors Knighthead Capital Management LLC and Certares Management LLC, which took a majority stake in the company, along with co-investors.\nBondholders owed roughly $833 million agreed to waive their rights to seek make-whole premiums when they opted to participate in the equity rights offering. Holders of a further $1.867 billion in bonds instead had their principal repaid on Wednesday, and are now seeking to also collect the premium payments.\nThe bonds are in four tranches that mature in 2022, 2024, 2026 and 2028, and were cashed out well before their maturities.\nIf the premium payments aren’t approved in court, the bondholders asked, as an alternative, to be paid $128 million in interest dating to Hertz’sMay 2020 bankruptcy petition. Hertz also disputes the post-petition interest claim, according to the complaint.\nHertz was delisted from the New York Stock Exchange in October following a precipitous, monthslong decline that took its stock price near zero. Although the company’s shares managed to regain some ground in the over-the-counter market through the end of the year, they plummeted in March, heading toward zero again, after Hertz unveiled a restructuring proposal that would have wiped out equity, as is typical for companies in chapter 11.\nThe shares, which at the time traded under the ticker HTZGQ, fell as low as 41 cents in intraday trading March 4, marking their low point this year.\nShortly afterward, however, Hertz mounted an astounding recovery, buoyed by consumers’ eagerness to resume travel as the Covid-19 pandemic showed signs of waning. After competition between investment firms drove up Hertz’s value, sending the stock’s closing price past the $8 mark by the end of June, the company suddenly was able to cover its debts and leave plenty left over for shareholders.\nIndividual investors, derided by Wall Street veterans last year for piling into a distressed company, were rewarded when Hertz exited bankruptcy.\nFor now, Hertz shares will continue to trade over the counter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156883694,"gmtCreate":1625210655918,"gmtModify":1703738425570,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576139763883008","authorIdStr":"3576139763883008"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156883694","repostId":"1169411779","repostType":4,"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166692821,"gmtCreate":1624005059763,"gmtModify":1703826331833,"author":{"id":"3576139763883008","authorId":"3576139763883008","name":"Thisis_jw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576139763883008","authorIdStr":"3576139763883008"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ORPH\">$Orphazyme A/S(ORPH)$</a>What happened omg&nbsp;","listText":"<a href=\"https://laohu8.com/S/ORPH\">$Orphazyme A/S(ORPH)$</a>What happened omg&nbsp;","text":"$Orphazyme A/S(ORPH)$What happened omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166692821","isVote":1,"tweetType":1,"viewCount":227,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}