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2021-07-24

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Wall Street surges to all-time closing high on earnings, economic revival

2021-07-24

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2021-07-23

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2021-07-24

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Wall St rises on strong earnings, chipmakers fall after Intel outlook

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Wall Street's main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc gained 1.3% after it reported higher quarterly revenue growth, while Snapchat-owner <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> surged 22.9% on beating estimates for user growth and revenue.</p>\n<p>Strong results from the social media firms set a positive precedent for <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , which rose 3.0% ahead of its second-quarter results next week.</p>\n<p>The S&amp;P 500 communication services sector index , which houses the three stocks, added 1.2% to be the top gainer among the 11 major S&amp;P sectors.</p>\n<p>\"Earnings are expected to be much better for the value side than for growth, but with interest rates being as low as they are, investors will be sticking to growth because that way the near-term momentum is on their side,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.</p>\n<p>Other major growth names, including Amazon.com , Apple Inc , and Microsoft Corp , also climbed between 0.2% and 0.8%.</p>\n<p>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Co jumped 3.3% and was the top boost to the S&amp;P 500 financials sector after its second-quarter profit blew past expectations.</p>\n<p>Intel Corp dropped 5.3%, leading the declines on the Philadelphia SE Semiconductor index , after it gave an annual sales forecast that implied a weak end of the year.</p>\n<p>The second-quarter earnings season barreled ahead, with 120 companies in the S&amp;P 500 having reported numbers so far. Of those, 88.3% have beaten consensus estimates, according to Refinitiv data.</p>\n<p>Wall Street investors have shifted between growth stocks and economically sensitive value shares this week, after concerns about the spread of the Delta coronavirus variant roiled markets and sparked a flight to the perceived safety of bond markets on Monday.</p>\n<p>The major indexes were set for their fourth weekly gain in five weeks on a boost from strong earnings reports, while the blue-chip Dow Jones Industrial Average and the benchmark S&amp;P 500 index inched closer to their record highs hit last week.</p>\n<p>Meanwhile, data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, fell to a four-month low of 59.7 from 63.7 in June.</p>\n<p>The Federal Reserve's policy meeting next week will be closely watched for further hints about tapering amid a spike in COVID-19 cases, though Chair Jerome Powell has repeatedly said the labor market remains well short of its target.</p>\n<p>At 10:07 a.m. ET, the Dow Jones Industrial Average was up 136.95 points, or 0.39%, at 34,960.30, the S&amp;P 500 was up 19.03 points, or 0.44%, at 4,386.51, and the Nasdaq Composite was up 38.40 points, or 0.26%, at 14,723.00.</p>\n<p>Schlumberger NV added 0.3% after it reported a rise in its second-quarter profit as oilfield activity rebounded.</p>\n<p>Advancing issues outnumbered decliners by a 1.21-to-1 ratio on the NYSE. Declining issues outnumbered advancers for a 1.55-to-1 ratio on the Nasdaq.</p>\n<p>The S&amp;P index recorded 58 new 52-week highs and no new low, while the Nasdaq recorded 64 new highs and 90 new lows.</p>\n<p>(Reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; editing by Uttaresh.V and Maju Samuel)</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>Wall St rises on strong earnings, chipmakers fall after Intel outlook</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\">\nWall St rises on strong earnings, chipmakers fall after Intel outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-23 22:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Social media stocks rally after strong results</li>\n <li>AmEx jumps on blowout Q2 profit</li>\n <li>Intel sales forecast implies rocky second half of 2021</li>\n <li>Indexes up: Dow 0.39%, S&amp;P 0.44%, Nasdaq 0.26%</li>\n</ul>\n<p>July 23 (Reuters) - Wall Street's main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc gained 1.3% after it reported higher quarterly revenue growth, while Snapchat-owner <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> surged 22.9% on beating estimates for user growth and revenue.</p>\n<p>Strong results from the social media firms set a positive precedent for <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , which rose 3.0% ahead of its second-quarter results next week.</p>\n<p>The S&amp;P 500 communication services sector index , which houses the three stocks, added 1.2% to be the top gainer among the 11 major S&amp;P sectors.</p>\n<p>\"Earnings are expected to be much better for the value side than for growth, but with interest rates being as low as they are, investors will be sticking to growth because that way the near-term momentum is on their side,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.</p>\n<p>Other major growth names, including Amazon.com , Apple Inc , and Microsoft Corp , also climbed between 0.2% and 0.8%.</p>\n<p>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Co jumped 3.3% and was the top boost to the S&amp;P 500 financials sector after its second-quarter profit blew past expectations.</p>\n<p>Intel Corp dropped 5.3%, leading the declines on the Philadelphia SE Semiconductor index , after it gave an annual sales forecast that implied a weak end of the year.</p>\n<p>The second-quarter earnings season barreled ahead, with 120 companies in the S&amp;P 500 having reported numbers so far. Of those, 88.3% have beaten consensus estimates, according to Refinitiv data.</p>\n<p>Wall Street investors have shifted between growth stocks and economically sensitive value shares this week, after concerns about the spread of the Delta coronavirus variant roiled markets and sparked a flight to the perceived safety of bond markets on Monday.</p>\n<p>The major indexes were set for their fourth weekly gain in five weeks on a boost from strong earnings reports, while the blue-chip Dow Jones Industrial Average and the benchmark S&amp;P 500 index inched closer to their record highs hit last week.</p>\n<p>Meanwhile, data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, fell to a four-month low of 59.7 from 63.7 in June.</p>\n<p>The Federal Reserve's policy meeting next week will be closely watched for further hints about tapering amid a spike in COVID-19 cases, though Chair Jerome Powell has repeatedly said the labor market remains well short of its target.</p>\n<p>At 10:07 a.m. ET, the Dow Jones Industrial Average was up 136.95 points, or 0.39%, at 34,960.30, the S&amp;P 500 was up 19.03 points, or 0.44%, at 4,386.51, and the Nasdaq Composite was up 38.40 points, or 0.26%, at 14,723.00.</p>\n<p>Schlumberger NV added 0.3% after it reported a rise in its second-quarter profit as oilfield activity rebounded.</p>\n<p>Advancing issues outnumbered decliners by a 1.21-to-1 ratio on the NYSE. Declining issues outnumbered advancers for a 1.55-to-1 ratio on the Nasdaq.</p>\n<p>The S&amp;P index recorded 58 new 52-week highs and no new low, while the Nasdaq recorded 64 new highs and 90 new lows.</p>\n<p>(Reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; editing by Uttaresh.V and Maju Samuel)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153984067","content_text":"Social media stocks rally after strong results\nAmEx jumps on blowout Q2 profit\nIntel sales forecast implies rocky second half of 2021\nIndexes up: Dow 0.39%, S&P 0.44%, Nasdaq 0.26%\n\nJuly 23 (Reuters) - Wall Street's main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints.\nTwitter Inc gained 1.3% after it reported higher quarterly revenue growth, while Snapchat-owner Snap Inc surged 22.9% on beating estimates for user growth and revenue.\nStrong results from the social media firms set a positive precedent for Facebook Inc , which rose 3.0% ahead of its second-quarter results next week.\nThe S&P 500 communication services sector index , which houses the three stocks, added 1.2% to be the top gainer among the 11 major S&P sectors.\n\"Earnings are expected to be much better for the value side than for growth, but with interest rates being as low as they are, investors will be sticking to growth because that way the near-term momentum is on their side,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.\nOther major growth names, including Amazon.com , Apple Inc , and Microsoft Corp , also climbed between 0.2% and 0.8%.\nAmerican Express Co jumped 3.3% and was the top boost to the S&P 500 financials sector after its second-quarter profit blew past expectations.\nIntel Corp dropped 5.3%, leading the declines on the Philadelphia SE Semiconductor index , after it gave an annual sales forecast that implied a weak end of the year.\nThe second-quarter earnings season barreled ahead, with 120 companies in the S&P 500 having reported numbers so far. Of those, 88.3% have beaten consensus estimates, according to Refinitiv data.\nWall Street investors have shifted between growth stocks and economically sensitive value shares this week, after concerns about the spread of the Delta coronavirus variant roiled markets and sparked a flight to the perceived safety of bond markets on Monday.\nThe major indexes were set for their fourth weekly gain in five weeks on a boost from strong earnings reports, while the blue-chip Dow Jones Industrial Average and the benchmark S&P 500 index inched closer to their record highs hit last week.\nMeanwhile, data firm IHS Markit said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, fell to a four-month low of 59.7 from 63.7 in June.\nThe Federal Reserve's policy meeting next week will be closely watched for further hints about tapering amid a spike in COVID-19 cases, though Chair Jerome Powell has repeatedly said the labor market remains well short of its target.\nAt 10:07 a.m. ET, the Dow Jones Industrial Average was up 136.95 points, or 0.39%, at 34,960.30, the S&P 500 was up 19.03 points, or 0.44%, at 4,386.51, and the Nasdaq Composite was up 38.40 points, or 0.26%, at 14,723.00.\nSchlumberger NV added 0.3% after it reported a rise in its second-quarter profit as oilfield activity rebounded.\nAdvancing issues outnumbered decliners by a 1.21-to-1 ratio on the NYSE. Declining issues outnumbered advancers for a 1.55-to-1 ratio on the Nasdaq.\nThe S&P index recorded 58 new 52-week highs and no new low, while the Nasdaq recorded 64 new highs and 90 new lows.\n(Reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; editing by Uttaresh.V and Maju Samuel)","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174109881,"gmtCreate":1627083632243,"gmtModify":1703483827021,"author":{"id":"4088819435357050","authorId":"4088819435357050","name":"Zarius","avatar":"https://static.tigerbbs.com/496d5fd6ca5f37e111cd2e441334e66c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088819435357050","idStr":"4088819435357050"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/174109881","repostId":"2153980423","repostType":4,"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174109070,"gmtCreate":1627083599090,"gmtModify":1703483828988,"author":{"id":"4088819435357050","authorId":"4088819435357050","name":"Zarius","avatar":"https://static.tigerbbs.com/496d5fd6ca5f37e111cd2e441334e66c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088819435357050","idStr":"4088819435357050"},"themes":[],"htmlText":"nice!","listText":"nice!","text":"nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/174109070","repostId":"2153980423","repostType":4,"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175814679,"gmtCreate":1627021806791,"gmtModify":1703482599043,"author":{"id":"4088819435357050","authorId":"4088819435357050","name":"Zarius","avatar":"https://static.tigerbbs.com/496d5fd6ca5f37e111cd2e441334e66c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4088819435357050","idStr":"4088819435357050"},"themes":[],"htmlText":"Nice app to start with.. ??","listText":"Nice app to start with.. ??","text":"Nice app to start with.. ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175814679","isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":174109881,"gmtCreate":1627083632243,"gmtModify":1703483827021,"author":{"id":"4088819435357050","authorId":"4088819435357050","name":"Zarius","avatar":"https://static.tigerbbs.com/496d5fd6ca5f37e111cd2e441334e66c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088819435357050","authorIdStr":"4088819435357050"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/174109881","repostId":"2153980423","repostType":4,"repost":{"id":"2153980423","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627081209,"share":"https://ttm.financial/m/news/2153980423?lang=&edition=fundamental","pubTime":"2021-07-24 07:00","market":"us","language":"en","title":"Wall Street surges to all-time closing high on earnings, economic revival","url":"https://stock-news.laohu8.com/highlight/detail?id=2153980423","media":"Reuters","summary":"* All 3 major indexes post weekly gains\n* Dow closes above 35,000 for first time ever\n* Social media","content":"<p>* All 3 major indexes post weekly gains</p>\n<p>* Dow closes above 35,000 for first time ever</p>\n<p>* Social media stocks rally after upbeat results</p>\n<p>* Intel sales forecast implies rocky second half</p>\n<p>* Indexes up: Dow 0.68%, S&amp;P 1.01%, Nasdaq 1.04%</p>\n<p>Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.</p>\n<p>The Dow closed above 35,000 for the first time ever.</p>\n<p>\"We see a continuation of the last couple days. It's roller coaster in reverse. We did the drop first, and we’ve been climbing back to the top ever since,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p>\n<p>Growth and value stocks seesawed for much of the week as market participants weighed spiking infections of the COVID-19 Delta variant against strong corporate results and signs of economic revival.</p>\n<p>\"There’s push and pull, there’s clearly conflict in the market,\" Zaccarelli added. \"There’s a strong difference of opinion as to whether the future’s bright or whether there are clouds on the horizon.\"</p>\n<p>Market participants now look toward next week with the Federal Reserve's two-day monetary policy meeting and a series of high-profile earnings.</p>\n<p>The Fed's statement will be parsed for clues regarding the timeframe for tightening its accommodative policies, although Chairman Jerome Powell has repeatedly said the economy still needs the central bank's full support.</p>\n<p>The Dow Jones Industrial Average rose 238.2 points, or 0.68%, to 35,061.55, the S&amp;P 500 gained 44.31 points, or 1.01%, to 4,411.79 and the Nasdaq Composite added 152.39 points, or 1.04%, to 14,836.99.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, all but energy&nbsp;closed green, with communications services enjoying the largest gain, rising 2.7%.</p>\n<p>Second-quarter reporting season is in full swing, with 120 of the companies in the S&amp;P 500 having reported. Of those, 88% have beaten consensus, according to Refinitiv.</p>\n<p>\"We’re seeing companies, on average, beat on the top and on the bottom line,\" Zaccarelli said. \"We’re seeing the resilience of the consumer and that’s been the story of the earnings season so far.\"</p>\n<p>Analysts now expect aggregate year-on-year S&amp;P 500 earnings growth of 78.1% for the April to June period, a sizeable increase from the 54% annual growth seen at the beginning of the quarter.</p>\n<p>Chipmaker Intel Corp said late Thursday that it still faces supply constraints and provided disappointing guidance. Its stock fell 5.3%.</p>\n<p>Moderna Inc jumped 7.8% after the European Union approved its COVID-19 vaccine for 12- to 17-year-olds.</p>\n<p>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Co gained 1.3% after posting second-quarter profit that handily beat expectations on the strength of a global recovery in consumer spending.</p>\n<p>Social media firms <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc and <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>&nbsp;advanced 3.0% and 23.8%, respectively, on the back of their upbeat results.</p>\n<p>Those results bode well for <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, which is due to post second-quarter results next week. Its stock surged 5.3%.</p>\n<p>Other high-profile earnings expected next week include Tesla Inc, Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com.</p>\n<p>Industrials Lockheed Martin Corp, Boeing Co, Ford Motor Co, General Dynamics Corp, <a href=\"https://laohu8.com/S/MMM\">3M</a> Co Caterpillar Inc, Chevron Corp and Exxon Mobil Corp, along with a host of healthcare, consumer goods and others, are also on deck.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 82 new 52-week highs and no new lows; the Nasdaq Composite recorded 81 new highs and 136 new lows.</p>\n<p>Volume on U.S. exchanges was 9.72 billion shares, compared with the 10.14 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>Wall Street surges to all-time closing high on earnings, economic revival</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\">\nWall Street surges to all-time closing high on earnings, economic revival\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-24 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* All 3 major indexes post weekly gains</p>\n<p>* Dow closes above 35,000 for first time ever</p>\n<p>* Social media stocks rally after upbeat results</p>\n<p>* Intel sales forecast implies rocky second half</p>\n<p>* Indexes up: Dow 0.68%, S&amp;P 1.01%, Nasdaq 1.04%</p>\n<p>Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.</p>\n<p>The Dow closed above 35,000 for the first time ever.</p>\n<p>\"We see a continuation of the last couple days. It's roller coaster in reverse. We did the drop first, and we’ve been climbing back to the top ever since,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.</p>\n<p>Growth and value stocks seesawed for much of the week as market participants weighed spiking infections of the COVID-19 Delta variant against strong corporate results and signs of economic revival.</p>\n<p>\"There’s push and pull, there’s clearly conflict in the market,\" Zaccarelli added. \"There’s a strong difference of opinion as to whether the future’s bright or whether there are clouds on the horizon.\"</p>\n<p>Market participants now look toward next week with the Federal Reserve's two-day monetary policy meeting and a series of high-profile earnings.</p>\n<p>The Fed's statement will be parsed for clues regarding the timeframe for tightening its accommodative policies, although Chairman Jerome Powell has repeatedly said the economy still needs the central bank's full support.</p>\n<p>The Dow Jones Industrial Average rose 238.2 points, or 0.68%, to 35,061.55, the S&amp;P 500 gained 44.31 points, or 1.01%, to 4,411.79 and the Nasdaq Composite added 152.39 points, or 1.04%, to 14,836.99.</p>\n<p>Of the 11 major sectors in the S&amp;P 500, all but energy&nbsp;closed green, with communications services enjoying the largest gain, rising 2.7%.</p>\n<p>Second-quarter reporting season is in full swing, with 120 of the companies in the S&amp;P 500 having reported. Of those, 88% have beaten consensus, according to Refinitiv.</p>\n<p>\"We’re seeing companies, on average, beat on the top and on the bottom line,\" Zaccarelli said. \"We’re seeing the resilience of the consumer and that’s been the story of the earnings season so far.\"</p>\n<p>Analysts now expect aggregate year-on-year S&amp;P 500 earnings growth of 78.1% for the April to June period, a sizeable increase from the 54% annual growth seen at the beginning of the quarter.</p>\n<p>Chipmaker Intel Corp said late Thursday that it still faces supply constraints and provided disappointing guidance. Its stock fell 5.3%.</p>\n<p>Moderna Inc jumped 7.8% after the European Union approved its COVID-19 vaccine for 12- to 17-year-olds.</p>\n<p>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Co gained 1.3% after posting second-quarter profit that handily beat expectations on the strength of a global recovery in consumer spending.</p>\n<p>Social media firms <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc and <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>&nbsp;advanced 3.0% and 23.8%, respectively, on the back of their upbeat results.</p>\n<p>Those results bode well for <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, which is due to post second-quarter results next week. Its stock surged 5.3%.</p>\n<p>Other high-profile earnings expected next week include Tesla Inc, Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com.</p>\n<p>Industrials Lockheed Martin Corp, Boeing Co, Ford Motor Co, General Dynamics Corp, <a href=\"https://laohu8.com/S/MMM\">3M</a> Co Caterpillar Inc, Chevron Corp and Exxon Mobil Corp, along with a host of healthcare, consumer goods and others, are also on deck.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 82 new 52-week highs and no new lows; the Nasdaq Composite recorded 81 new highs and 136 new lows.</p>\n<p>Volume on U.S. exchanges was 9.72 billion shares, compared with the 10.14 billion average over the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","EXPR":"Express, Inc.","SNAP":"Snap Inc",".DJI":"道琼斯","TWTR":"Twitter",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153980423","content_text":"* All 3 major indexes post weekly gains\n* Dow closes above 35,000 for first time ever\n* Social media stocks rally after upbeat results\n* Intel sales forecast implies rocky second half\n* Indexes up: Dow 0.68%, S&P 1.01%, Nasdaq 1.04%\nWall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat earnings and signs of economic revival fueled investor risk appetite.\nThe Dow closed above 35,000 for the first time ever.\n\"We see a continuation of the last couple days. It's roller coaster in reverse. We did the drop first, and we’ve been climbing back to the top ever since,\" said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina.\nGrowth and value stocks seesawed for much of the week as market participants weighed spiking infections of the COVID-19 Delta variant against strong corporate results and signs of economic revival.\n\"There’s push and pull, there’s clearly conflict in the market,\" Zaccarelli added. \"There’s a strong difference of opinion as to whether the future’s bright or whether there are clouds on the horizon.\"\nMarket participants now look toward next week with the Federal Reserve's two-day monetary policy meeting and a series of high-profile earnings.\nThe Fed's statement will be parsed for clues regarding the timeframe for tightening its accommodative policies, although Chairman Jerome Powell has repeatedly said the economy still needs the central bank's full support.\nThe Dow Jones Industrial Average rose 238.2 points, or 0.68%, to 35,061.55, the S&P 500 gained 44.31 points, or 1.01%, to 4,411.79 and the Nasdaq Composite added 152.39 points, or 1.04%, to 14,836.99.\nOf the 11 major sectors in the S&P 500, all but energy closed green, with communications services enjoying the largest gain, rising 2.7%.\nSecond-quarter reporting season is in full swing, with 120 of the companies in the S&P 500 having reported. Of those, 88% have beaten consensus, according to Refinitiv.\n\"We’re seeing companies, on average, beat on the top and on the bottom line,\" Zaccarelli said. \"We’re seeing the resilience of the consumer and that’s been the story of the earnings season so far.\"\nAnalysts now expect aggregate year-on-year S&P 500 earnings growth of 78.1% for the April to June period, a sizeable increase from the 54% annual growth seen at the beginning of the quarter.\nChipmaker Intel Corp said late Thursday that it still faces supply constraints and provided disappointing guidance. Its stock fell 5.3%.\nModerna Inc jumped 7.8% after the European Union approved its COVID-19 vaccine for 12- to 17-year-olds.\nAmerican Express Co gained 1.3% after posting second-quarter profit that handily beat expectations on the strength of a global recovery in consumer spending.\nSocial media firms Twitter Inc and Snap Inc advanced 3.0% and 23.8%, respectively, on the back of their upbeat results.\nThose results bode well for Facebook Inc, which is due to post second-quarter results next week. Its stock surged 5.3%.\nOther high-profile earnings expected next week include Tesla Inc, Apple Inc, Alphabet Inc, Microsoft Corp and Amazon.com.\nIndustrials Lockheed Martin Corp, Boeing Co, Ford Motor Co, General Dynamics Corp, 3M Co Caterpillar Inc, Chevron Corp and Exxon Mobil Corp, along with a host of healthcare, consumer goods and others, are also on deck.\nAdvancing issues outnumbered declining ones on the NYSE by a 1.59-to-1 ratio; on Nasdaq, a 1.03-to-1 ratio favored advancers.\nThe S&P 500 posted 82 new 52-week highs and no new lows; the Nasdaq Composite recorded 81 new highs and 136 new lows.\nVolume on U.S. exchanges was 9.72 billion shares, compared with the 10.14 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174109070,"gmtCreate":1627083599090,"gmtModify":1703483828988,"author":{"id":"4088819435357050","authorId":"4088819435357050","name":"Zarius","avatar":"https://static.tigerbbs.com/496d5fd6ca5f37e111cd2e441334e66c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088819435357050","authorIdStr":"4088819435357050"},"themes":[],"htmlText":"nice!","listText":"nice!","text":"nice!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/174109070","repostId":"2153980423","repostType":4,"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175814679,"gmtCreate":1627021806791,"gmtModify":1703482599043,"author":{"id":"4088819435357050","authorId":"4088819435357050","name":"Zarius","avatar":"https://static.tigerbbs.com/496d5fd6ca5f37e111cd2e441334e66c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088819435357050","authorIdStr":"4088819435357050"},"themes":[],"htmlText":"Nice app to start with.. ??","listText":"Nice app to start with.. ??","text":"Nice app to start with.. ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/175814679","isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174106974,"gmtCreate":1627083796598,"gmtModify":1703483832317,"author":{"id":"4088819435357050","authorId":"4088819435357050","name":"Zarius","avatar":"https://static.tigerbbs.com/496d5fd6ca5f37e111cd2e441334e66c","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088819435357050","authorIdStr":"4088819435357050"},"themes":[],"htmlText":"up up","listText":"up up","text":"up up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/174106974","repostId":"2153984067","repostType":4,"repost":{"id":"2153984067","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627050539,"share":"https://ttm.financial/m/news/2153984067?lang=&edition=fundamental","pubTime":"2021-07-23 22:28","market":"us","language":"en","title":"Wall St rises on strong earnings, chipmakers fall after Intel outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2153984067","media":"Reuters","summary":"Social media stocks rally after strong results\nAmEx jumps on blowout Q2 profit\nIntel sales forecast ","content":"<ul>\n <li>Social media stocks rally after strong results</li>\n <li>AmEx jumps on blowout Q2 profit</li>\n <li>Intel sales forecast implies rocky second half of 2021</li>\n <li>Indexes up: Dow 0.39%, S&amp;P 0.44%, Nasdaq 0.26%</li>\n</ul>\n<p>July 23 (Reuters) - Wall Street's main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc gained 1.3% after it reported higher quarterly revenue growth, while Snapchat-owner <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> surged 22.9% on beating estimates for user growth and revenue.</p>\n<p>Strong results from the social media firms set a positive precedent for <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , which rose 3.0% ahead of its second-quarter results next week.</p>\n<p>The S&amp;P 500 communication services sector index , which houses the three stocks, added 1.2% to be the top gainer among the 11 major S&amp;P sectors.</p>\n<p>\"Earnings are expected to be much better for the value side than for growth, but with interest rates being as low as they are, investors will be sticking to growth because that way the near-term momentum is on their side,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.</p>\n<p>Other major growth names, including Amazon.com , Apple Inc , and Microsoft Corp , also climbed between 0.2% and 0.8%.</p>\n<p>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Co jumped 3.3% and was the top boost to the S&amp;P 500 financials sector after its second-quarter profit blew past expectations.</p>\n<p>Intel Corp dropped 5.3%, leading the declines on the Philadelphia SE Semiconductor index , after it gave an annual sales forecast that implied a weak end of the year.</p>\n<p>The second-quarter earnings season barreled ahead, with 120 companies in the S&amp;P 500 having reported numbers so far. Of those, 88.3% have beaten consensus estimates, according to Refinitiv data.</p>\n<p>Wall Street investors have shifted between growth stocks and economically sensitive value shares this week, after concerns about the spread of the Delta coronavirus variant roiled markets and sparked a flight to the perceived safety of bond markets on Monday.</p>\n<p>The major indexes were set for their fourth weekly gain in five weeks on a boost from strong earnings reports, while the blue-chip Dow Jones Industrial Average and the benchmark S&amp;P 500 index inched closer to their record highs hit last week.</p>\n<p>Meanwhile, data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, fell to a four-month low of 59.7 from 63.7 in June.</p>\n<p>The Federal Reserve's policy meeting next week will be closely watched for further hints about tapering amid a spike in COVID-19 cases, though Chair Jerome Powell has repeatedly said the labor market remains well short of its target.</p>\n<p>At 10:07 a.m. ET, the Dow Jones Industrial Average was up 136.95 points, or 0.39%, at 34,960.30, the S&amp;P 500 was up 19.03 points, or 0.44%, at 4,386.51, and the Nasdaq Composite was up 38.40 points, or 0.26%, at 14,723.00.</p>\n<p>Schlumberger NV added 0.3% after it reported a rise in its second-quarter profit as oilfield activity rebounded.</p>\n<p>Advancing issues outnumbered decliners by a 1.21-to-1 ratio on the NYSE. Declining issues outnumbered advancers for a 1.55-to-1 ratio on the Nasdaq.</p>\n<p>The S&amp;P index recorded 58 new 52-week highs and no new low, while the Nasdaq recorded 64 new highs and 90 new lows.</p>\n<p>(Reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; editing by Uttaresh.V and Maju Samuel)</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>Wall St rises on strong earnings, chipmakers fall after Intel outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St rises on strong earnings, chipmakers fall after Intel outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-23 22:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Social media stocks rally after strong results</li>\n <li>AmEx jumps on blowout Q2 profit</li>\n <li>Intel sales forecast implies rocky second half of 2021</li>\n <li>Indexes up: Dow 0.39%, S&amp;P 0.44%, Nasdaq 0.26%</li>\n</ul>\n<p>July 23 (Reuters) - Wall Street's main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints.</p>\n<p><a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc gained 1.3% after it reported higher quarterly revenue growth, while Snapchat-owner <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a> surged 22.9% on beating estimates for user growth and revenue.</p>\n<p>Strong results from the social media firms set a positive precedent for <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc , which rose 3.0% ahead of its second-quarter results next week.</p>\n<p>The S&amp;P 500 communication services sector index , which houses the three stocks, added 1.2% to be the top gainer among the 11 major S&amp;P sectors.</p>\n<p>\"Earnings are expected to be much better for the value side than for growth, but with interest rates being as low as they are, investors will be sticking to growth because that way the near-term momentum is on their side,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.</p>\n<p>Other major growth names, including Amazon.com , Apple Inc , and Microsoft Corp , also climbed between 0.2% and 0.8%.</p>\n<p>American <a href=\"https://laohu8.com/S/EXPR\">Express</a> Co jumped 3.3% and was the top boost to the S&amp;P 500 financials sector after its second-quarter profit blew past expectations.</p>\n<p>Intel Corp dropped 5.3%, leading the declines on the Philadelphia SE Semiconductor index , after it gave an annual sales forecast that implied a weak end of the year.</p>\n<p>The second-quarter earnings season barreled ahead, with 120 companies in the S&amp;P 500 having reported numbers so far. Of those, 88.3% have beaten consensus estimates, according to Refinitiv data.</p>\n<p>Wall Street investors have shifted between growth stocks and economically sensitive value shares this week, after concerns about the spread of the Delta coronavirus variant roiled markets and sparked a flight to the perceived safety of bond markets on Monday.</p>\n<p>The major indexes were set for their fourth weekly gain in five weeks on a boost from strong earnings reports, while the blue-chip Dow Jones Industrial Average and the benchmark S&amp;P 500 index inched closer to their record highs hit last week.</p>\n<p>Meanwhile, data firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, fell to a four-month low of 59.7 from 63.7 in June.</p>\n<p>The Federal Reserve's policy meeting next week will be closely watched for further hints about tapering amid a spike in COVID-19 cases, though Chair Jerome Powell has repeatedly said the labor market remains well short of its target.</p>\n<p>At 10:07 a.m. ET, the Dow Jones Industrial Average was up 136.95 points, or 0.39%, at 34,960.30, the S&amp;P 500 was up 19.03 points, or 0.44%, at 4,386.51, and the Nasdaq Composite was up 38.40 points, or 0.26%, at 14,723.00.</p>\n<p>Schlumberger NV added 0.3% after it reported a rise in its second-quarter profit as oilfield activity rebounded.</p>\n<p>Advancing issues outnumbered decliners by a 1.21-to-1 ratio on the NYSE. Declining issues outnumbered advancers for a 1.55-to-1 ratio on the Nasdaq.</p>\n<p>The S&amp;P index recorded 58 new 52-week highs and no new low, while the Nasdaq recorded 64 new highs and 90 new lows.</p>\n<p>(Reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; editing by Uttaresh.V and Maju Samuel)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153984067","content_text":"Social media stocks rally after strong results\nAmEx jumps on blowout Q2 profit\nIntel sales forecast implies rocky second half of 2021\nIndexes up: Dow 0.39%, S&P 0.44%, Nasdaq 0.26%\n\nJuly 23 (Reuters) - Wall Street's main indexes rose on Friday, helped by megacap technology stocks and strong earnings from social media companies, while a weak sales forecast from Intel hit chipmakers amid increasing supply-chain constraints.\nTwitter Inc gained 1.3% after it reported higher quarterly revenue growth, while Snapchat-owner Snap Inc surged 22.9% on beating estimates for user growth and revenue.\nStrong results from the social media firms set a positive precedent for Facebook Inc , which rose 3.0% ahead of its second-quarter results next week.\nThe S&P 500 communication services sector index , which houses the three stocks, added 1.2% to be the top gainer among the 11 major S&P sectors.\n\"Earnings are expected to be much better for the value side than for growth, but with interest rates being as low as they are, investors will be sticking to growth because that way the near-term momentum is on their side,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.\nOther major growth names, including Amazon.com , Apple Inc , and Microsoft Corp , also climbed between 0.2% and 0.8%.\nAmerican Express Co jumped 3.3% and was the top boost to the S&P 500 financials sector after its second-quarter profit blew past expectations.\nIntel Corp dropped 5.3%, leading the declines on the Philadelphia SE Semiconductor index , after it gave an annual sales forecast that implied a weak end of the year.\nThe second-quarter earnings season barreled ahead, with 120 companies in the S&P 500 having reported numbers so far. Of those, 88.3% have beaten consensus estimates, according to Refinitiv data.\nWall Street investors have shifted between growth stocks and economically sensitive value shares this week, after concerns about the spread of the Delta coronavirus variant roiled markets and sparked a flight to the perceived safety of bond markets on Monday.\nThe major indexes were set for their fourth weekly gain in five weeks on a boost from strong earnings reports, while the blue-chip Dow Jones Industrial Average and the benchmark S&P 500 index inched closer to their record highs hit last week.\nMeanwhile, data firm IHS Markit said its flash U.S. Composite PMI Output Index, which tracks the manufacturing and services sectors, fell to a four-month low of 59.7 from 63.7 in June.\nThe Federal Reserve's policy meeting next week will be closely watched for further hints about tapering amid a spike in COVID-19 cases, though Chair Jerome Powell has repeatedly said the labor market remains well short of its target.\nAt 10:07 a.m. ET, the Dow Jones Industrial Average was up 136.95 points, or 0.39%, at 34,960.30, the S&P 500 was up 19.03 points, or 0.44%, at 4,386.51, and the Nasdaq Composite was up 38.40 points, or 0.26%, at 14,723.00.\nSchlumberger NV added 0.3% after it reported a rise in its second-quarter profit as oilfield activity rebounded.\nAdvancing issues outnumbered decliners by a 1.21-to-1 ratio on the NYSE. Declining issues outnumbered advancers for a 1.55-to-1 ratio on the Nasdaq.\nThe S&P index recorded 58 new 52-week highs and no new low, while the Nasdaq recorded 64 new highs and 90 new lows.\n(Reporting by Devik Jain and Shreyashi Sanyal in Bengaluru; editing by Uttaresh.V and Maju Samuel)","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}