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2022-11-30
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07:40","market":"us","language":"en","title":"Is the U.S. stock market open on Labor Day?","url":"https://stock-news.laohu8.com/highlight/detail?id=1126654067","media":"MarketWatch","summary":"It is unofficially summerβs last hurrah for Wall Street investors.\nU.S. financial markets will be cl","content":"<p>It is unofficially summerβs last hurrah for Wall Street investors.</p>\n<p>U.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.</p>\n<p>On Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc. -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so donβt look for any action in individual stocks or indexes including the Dow Jones Industrial Average, S&P 500 or Nasdaq Composite indexes.</p>\n<p>The S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq Composite was on track to book its 35th all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.</p>\n<p>Sifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which was yielding around 1.33% after the U.S. August jobs report came in weaker than expected.</p>\n<p>However, the Labor Departmentβs employment report,which showed that 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fedβs $120 billion in monthly purchases in Treasurys and mortgage-backed securities.</p>\n<p>Trading in most commodity futures, including Nymex crude-oil and Comex gold,on U.S. exchanges will also be halted Monday.</p>\n<p>Is there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?</p>\n<p>Probably not.</p>\n<p>But the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f3f0f061a4ddd2ca31c53f8aa68e3cce\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>The S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c780a46e32d055feb3e3f5e10fc987f\" tg-width=\"699\" tg-height=\"564\" width=\"100%\" height=\"auto\"><span>DOW JONES MARKET DATA</span></p>\n<p>But if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatchβs Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.</p>\n<p>It is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.</p>\n<p>Markets will be back to business as usual on Tuesday and, of course, European bourses, including Londonβs FTSE 100 index and the pan-European Stoxx Europe 600 will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kongβs Hang Seng and the Shanghai Composite Index.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nIs the U.S. stock market open on Labor Day?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-06 07:40 GMT+8 <a href=https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is unofficially summerβs last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has ...</p>\n\n<a href=\"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"ιηΌζ―","ICE":"ζ΄²ι δΊ€ζζ"},"source_url":"https://www.marketwatch.com/story/is-the-u-s-stock-market-open-on-labor-day-11630697597?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126654067","content_text":"It is unofficially summerβs last hurrah for Wall Street investors.\nU.S. financial markets will be closed for Labor Day on Monday, Sept. 6, marking a three-day weekend in the U.S., following what has been a mostly spectacular run for the stock market. The rally came despite concerns about the spread of the delta variant of the coronavirus and unease about the timetable for an eventual rollback of easy-money policies implemented by the Federal Reserve at the onset of the pandemic last year.\nOn Monday, U.S. stock exchanges, including the Intercontinental Exchange Inc.Β -owned New York Stock Exchange and Nasdaq Inc.,will be closed, so donβt look for any action in individual stocks or indexes including the Dow Jones Industrial Average,Β S&P 500Β or Nasdaq Composite indexes.\nThe S&P 500 has already notched 54 record closing highs in 2021 and was looking for its 55th on Friday, while the Nasdaq CompositeΒ was on track to book its 35thΒ all-time high of the year. The Dow stood less than a percentage point from its Aug. 16 record, mid-afternoon Friday.\nSifma, the securities-industry trade group for fixed-income, also has recommended the bond market close on Labor Day, including trading in the 10-year Treasury note,which wasΒ yielding around 1.33%Β after the U.S. August jobs report came in weaker than expected.\nHowever, theΒ Labor Departmentβs employment report,which showed thatΒ 235,000 jobs were created in August, far below expectations for more than 700,000, failed to dull expectations among sovereign debt investors for a near-term announcement of tapering of the Fedβs $120 billion in monthly purchases in Treasurys and mortgage-backed securities.\nTrading in most commodity futures, including Nymex crude-oilΒ and Comex gold,on U.S. exchanges will also be halted Monday.\nIs there any significance to the holiday for average investors, besides the time off in the U.S. and the barbecues?\nProbably not.\nBut the May Memorial Day to September Labor Day period in recent years has proven a bullish stretch one for investors, according to Dow Jones Market Data. The Dow, for example, is up by about 2% over that period and averages a gain of 1.3%, producing a winning record 65% of the time. The Dow is currently enjoying a win streak, over the past six Memorial Day/Labor Day periods, representing the longest win streak since 1989. Last year, the markets gained nearly 15% over that time.\nDOW JONES MARKET DATA\nThe S&P 500 is on a similar win streak and is up nearly 8% so far this Memorial Day-Labor Day period. It has risen more than 70% over that period in past years and averages a 1.7% gain. The broad-market index rose 16% during that time in 2020.\nDOW JONES MARKET DATA\nBut if there is a bona fide trend in the Labor Day trading it may be this one that MarketWatchβsΒ Steve Goldstein reports, quoting Raymond James strategist Tavis McCourt, who says that in the last two years, there was a big value and cyclical bias in stock markets after the holiday, and in 2018, markets basically collapsed after the summer drew to a close.\nIt is impossible to know if the stock market rally will peter out similarly this time around but there is a growing sense on Wall Street that valuations are too lofty and equity indexes are due for a pullback of at least 5% or better from current heights.\nMarkets will be back to business as usual on Tuesday and, of course, European bourses, including Londonβs FTSE 100Β index and the pan-European Stoxx Europe 600Β will be open on Monday, as well as Asian markets, the Nikkei 225,Hong Kongβs Hang SengΒ and the Shanghai Composite 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Korean Retail Investors Dump Tesla, Open Wallets for Chinaβs Tianqi Lithium","url":"https://stock-news.laohu8.com/highlight/detail?id=1155091308","media":"Korea Bizwire","summary":"SEOUL, Aug. 16 (Korea Bizwire)βSouth Korean retail investors have sold shares in electric vehicle le","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/09ffc0fd38eaca6c54f56d2134fa08c6\" tg-width=\"674\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/><b>SEOUL, Aug. 16 (Korea Bizwire)</b>βSouth Korean retail investors have sold shares in electric vehicle leader Tesla Inc., while making large purchases of shares in the China-based Tianqi Lithium Corp. over the past month, data showed Monday.</p><p>Local individual investors net sold US$319.9 million worth of Tesla shares during the period from July 12 to August 12, according to the Korea Securities Depository.</p><p>After reaching a peak near $1,200 last fall, Teslaβs share price slid to the $600 level in mid-June when U.S. tech stocks plunged. Retail investors recently sold Tesla shares as the stock recovered to about $900 amid a recent market rebound.</p><p>Among foreign stocks, the top pick for individual investors was Tianqi Lithium, a Chinese supplier of the metal used in EV batteries, for which net purchases amounted to $152.29 million during the past month.</p><p>On the Chinaβs Shenzhen Stock Exchange, shares in Tianqi Lithium almost tripled from 39.27 yuan in late 2020 to 116.68 yuan today.</p><p>Tianqi Lithium joined the Hong Kong stock market last month at an initial public offering (IPO) price of HK$82, and its price was HK$86.25 on August 16.</p></body></html>","source":"lsy1660633919455","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. 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Korean Retail Investors Dump Tesla, Open Wallets for Chinaβs Tianqi Lithium\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-16 15:15 GMT+8 <a href=http://koreabizwire.com/s-korean-retail-investors-dump-tesla-open-wallets-for-chinas-tianqi-lithium/226126><strong>Korea Bizwire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SEOUL, Aug. 16 (Korea Bizwire)βSouth Korean retail investors have sold shares in electric vehicle leader Tesla Inc., while making large purchases of shares in the China-based Tianqi Lithium Corp. over...</p>\n\n<a href=\"http://koreabizwire.com/s-korean-retail-investors-dump-tesla-open-wallets-for-chinas-tianqi-lithium/226126\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"ηΉζ―ζ","09696":"倩ι½ιδΈ","002466":"倩ι½ιδΈ"},"source_url":"http://koreabizwire.com/s-korean-retail-investors-dump-tesla-open-wallets-for-chinas-tianqi-lithium/226126","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155091308","content_text":"SEOUL, Aug. 16 (Korea Bizwire)βSouth Korean retail investors have sold shares in electric vehicle leader Tesla Inc., while making large purchases of shares in the China-based Tianqi Lithium Corp. over the past month, data showed Monday.Local individual investors net sold US$319.9 million worth of Tesla shares during the period from July 12 to August 12, according to the Korea Securities Depository.After reaching a peak near $1,200 last fall, Teslaβs share price slid to the $600 level in mid-June when U.S. tech stocks plunged. Retail investors recently sold Tesla shares as the stock recovered to about $900 amid a recent market rebound.Among foreign stocks, the top pick for individual investors was Tianqi Lithium, a Chinese supplier of the metal used in EV batteries, for which net purchases amounted to $152.29 million during the past month.On the Chinaβs Shenzhen Stock Exchange, shares in Tianqi Lithium almost tripled from 39.27 yuan in late 2020 to 116.68 yuan today.Tianqi Lithium joined the Hong Kong stock market last month at an initial public offering (IPO) price of HK$82, and its price was HK$86.25 on August 16.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860759191,"gmtCreate":1632217984913,"gmtModify":1676530727034,"author":{"id":"3577935048893280","authorId":"3577935048893280","name":"Ben50n","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577935048893280","authorIdStr":"3577935048893280"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>go","listText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>go","text":"$Taiwan Semiconductor Manufacturing(TSM)$go","images":[{"img":"https://static.tigerbbs.com/84735da452e5edea82c8bca0c37f303f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860759191","isVote":1,"tweetType":1,"viewCount":7,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":860925208,"gmtCreate":1632125286504,"gmtModify":1676530705634,"author":{"id":"3577935048893280","authorId":"3577935048893280","name":"Ben50n","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577935048893280","authorIdStr":"3577935048893280"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>gogogo","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>gogogo","text":"$NIO Inc.(NIO)$gogogo","images":[{"img":"https://static.tigerbbs.com/9d453c6011a49ae9faa91dfb747bcec2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/860925208","isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":884385118,"gmtCreate":1631857287734,"gmtModify":1676530654126,"author":{"id":"3577935048893280","authorId":"3577935048893280","name":"Ben50n","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577935048893280","authorIdStr":"3577935048893280"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>gogogo","listText":"<a href=\"https://laohu8.com/S/PYPL\">$PayPal(PYPL)$</a>gogogo","text":"$PayPal(PYPL)$gogogo","images":[{"img":"https://static.tigerbbs.com/2eabfb27e46229b74ec3dd4d217b3831","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/884385118","isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":889422148,"gmtCreate":1631172457084,"gmtModify":1676530486484,"author":{"id":"3577935048893280","authorId":"3577935048893280","name":"Ben50n","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577935048893280","authorIdStr":"3577935048893280"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a> oh no","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a> oh no","text":"$NIO Inc.(NIO)$ oh no","images":[{"img":"https://static.tigerbbs.com/a6f168c2c609ed44d89b88e96bd3d201","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/889422148","isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":816807231,"gmtCreate":1630484598023,"gmtModify":1676530316198,"author":{"id":"3577935048893280","authorId":"3577935048893280","name":"Ben50n","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577935048893280","authorIdStr":"3577935048893280"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a> go! 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