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2022-12-11
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2022-11-29
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2022-11-28
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2022-11-23
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2022-11-22
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2022-11-21
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2022-11-20
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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":1651531599,"share":"https://ttm.financial/m/news/2232773984?lang=&edition=fundamental","pubTime":"2022-05-03 06:46","market":"us","language":"en","title":"Wall Street Up before Fed Meet as Tech Buying Punctuates Volatile Trade","url":"https://stock-news.laohu8.com/highlight/detail?id=2232773984","media":"Reuters","summary":"* Activision up after Berkshire Hathaway reveals 9.5% stake* Spirit Airlines slumps as board rejects","content":"<html><head></head><body><p>* Activision up after Berkshire Hathaway reveals 9.5% stake</p><p>* <a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines</a> slumps as board rejects JetBlue takeover offer</p><p>* Yield on 10-yr U.S. Treasuries hits 3% for first time since 2018</p><p>* Tech names stage late-afternoon rally</p><p>* Indexes gain: Dow 0.26%, S&P 0.57%, Nasdaq 1.63%</p><p>May 2 (Reuters) - Wall Street's main indexes closed a seesaw session higher on Monday, as investors bought in to technology names in the last hour of trading amid bets they had been overly beaten down ahead of this week's Federal Reserve meeting.</p><p>The gathering of U.S. central bank policymakers is widely expected to raise interest rates by half a percentage point, with this week's move expected to kick off a period of aggressive rate hikes to counter inflation.</p><p>Nervousness heading into the meeting was reflected in a topsy-turvy session for U.S. equities. After positive moves to start the day, the S&P 500 fell to its lowest intraday point since May 2021, and the Nasdaq touched a level last seen in November 2020.</p><p>The jitters were also seen in the market for U.S. Treasuries, where the ten-year benchmark breached 3% for the first time in more than three years.</p><p>As well as positioning themselves for the expected rate hike, traders were also looking to the launch of "quantitative tightening," where the central bank reduces its balance sheet after buying bonds to support the economy during the pandemic.</p><p>However, earlier declines were used as a buying opportunity by some in the latter part of the session to drag all three indexes into positive territory.</p><p>"We're at a point in the market now where so much of it, across various sectors, is beaten down," said Sylvia Jablonski, chief investment officer of Defiance ETF.</p><p>"I think the market has priced in what the Fed will be able to do, so my sense - as someone who likes to look for long-term opportunities - is that this is the land of opportunity right now."</p><p>Jablonski pointed to megacap technology names, which stand to remain key parts of the economy for years to come, as being "on sale".</p><p>High-growth stocks such as tech have been pummeled this year as a result of traders adjusting for the higher interest-rate environment, with losses accentuated in recent days by a number of disappointing earnings reports.</p><p>However, Facebook parent <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc climbed 5.3% on Monday after falling 9.8% last month. Nvidia Corp also jumped 5.3%, while Microsoft Corp gained 2.5%, after sharp declines in April.</p><p>After spending much of the day in the red, Tesla Inc, Amazon.com Inc and Apple Inc all ended between 0.2% and 3.7% higher.</p><p>Apple had been weighed down for much of Monday as the iPhone maker faced a possible hefty fine after EU antitrust regulators charged it with restricting rivals' access to its technology used for mobile wallets.</p><p>The Dow Jones Industrial Average rose 84.29 points, or 0.26%, to 33,061.5, the S&P 500 gained 23.45 points, or 0.57%, to 4,155.38 and the Nasdaq Composite added 201.38 points, or 1.63%, to 12,536.02.</p><p>Of the 11 S&P sectors, communications services was the biggest advancer of the six indexes that gained. Real estate led decliners.</p><p>Pfizer Inc fell 1.5% after a large trial found its COVID-19 oral antiviral treatment Paxlovid was not effective at preventing coronavirus infections in people living with someone infected with the virus.</p><p>Activision Blizzard climbed 3.3% after Warren Buffett said Berkshire Hathaway Inc has taken a 9.5% stake in the "Call of Duty" game maker.</p><p>Spirit Airlines slid 9.4% after the ultra low-cost carrier rejected JetBlue Airways Corp's $33-per-share takeover offer, saying it had a low likelihood of winning approval from government regulators.</p><p>By comparison, JetBlue ended 2.6% higher, regaining ground lost during a midday wobble that had wiped out initial gains.</p><p>Volume on U.S. exchanges was 13.22 billion shares, compared with the 11.87 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 1 new 52-week high and 52 new lows; the Nasdaq Composite recorded 26 new highs and 503 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nWall Street Up before Fed Meet as Tech Buying Punctuates Volatile Trade\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-05-03 06:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Activision up after Berkshire Hathaway reveals 9.5% stake</p><p>* <a href=\"https://laohu8.com/S/SAVE\">Spirit Airlines</a> slumps as board rejects JetBlue takeover offer</p><p>* Yield on 10-yr U.S. Treasuries hits 3% for first time since 2018</p><p>* Tech names stage late-afternoon rally</p><p>* Indexes gain: Dow 0.26%, S&P 0.57%, Nasdaq 1.63%</p><p>May 2 (Reuters) - Wall Street's main indexes closed a seesaw session higher on Monday, as investors bought in to technology names in the last hour of trading amid bets they had been overly beaten down ahead of this week's Federal Reserve meeting.</p><p>The gathering of U.S. central bank policymakers is widely expected to raise interest rates by half a percentage point, with this week's move expected to kick off a period of aggressive rate hikes to counter inflation.</p><p>Nervousness heading into the meeting was reflected in a topsy-turvy session for U.S. equities. After positive moves to start the day, the S&P 500 fell to its lowest intraday point since May 2021, and the Nasdaq touched a level last seen in November 2020.</p><p>The jitters were also seen in the market for U.S. Treasuries, where the ten-year benchmark breached 3% for the first time in more than three years.</p><p>As well as positioning themselves for the expected rate hike, traders were also looking to the launch of "quantitative tightening," where the central bank reduces its balance sheet after buying bonds to support the economy during the pandemic.</p><p>However, earlier declines were used as a buying opportunity by some in the latter part of the session to drag all three indexes into positive territory.</p><p>"We're at a point in the market now where so much of it, across various sectors, is beaten down," said Sylvia Jablonski, chief investment officer of Defiance ETF.</p><p>"I think the market has priced in what the Fed will be able to do, so my sense - as someone who likes to look for long-term opportunities - is that this is the land of opportunity right now."</p><p>Jablonski pointed to megacap technology names, which stand to remain key parts of the economy for years to come, as being "on sale".</p><p>High-growth stocks such as tech have been pummeled this year as a result of traders adjusting for the higher interest-rate environment, with losses accentuated in recent days by a number of disappointing earnings reports.</p><p>However, Facebook parent <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc climbed 5.3% on Monday after falling 9.8% last month. Nvidia Corp also jumped 5.3%, while Microsoft Corp gained 2.5%, after sharp declines in April.</p><p>After spending much of the day in the red, Tesla Inc, Amazon.com Inc and Apple Inc all ended between 0.2% and 3.7% higher.</p><p>Apple had been weighed down for much of Monday as the iPhone maker faced a possible hefty fine after EU antitrust regulators charged it with restricting rivals' access to its technology used for mobile wallets.</p><p>The Dow Jones Industrial Average rose 84.29 points, or 0.26%, to 33,061.5, the S&P 500 gained 23.45 points, or 0.57%, to 4,155.38 and the Nasdaq Composite added 201.38 points, or 1.63%, to 12,536.02.</p><p>Of the 11 S&P sectors, communications services was the biggest advancer of the six indexes that gained. Real estate led decliners.</p><p>Pfizer Inc fell 1.5% after a large trial found its COVID-19 oral antiviral treatment Paxlovid was not effective at preventing coronavirus infections in people living with someone infected with the virus.</p><p>Activision Blizzard climbed 3.3% after Warren Buffett said Berkshire Hathaway Inc has taken a 9.5% stake in the "Call of Duty" game maker.</p><p>Spirit Airlines slid 9.4% after the ultra low-cost carrier rejected JetBlue Airways Corp's $33-per-share takeover offer, saying it had a low likelihood of winning approval from government regulators.</p><p>By comparison, JetBlue ended 2.6% higher, regaining ground lost during a midday wobble that had wiped out initial gains.</p><p>Volume on U.S. exchanges was 13.22 billion shares, compared with the 11.87 billion average for the full session over the last 20 trading days.</p><p>The S&P 500 posted 1 new 52-week high and 52 new lows; the Nasdaq Composite recorded 26 new highs and 503 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪","BK4575":"芯片概念","BK4527":"明星科技股","BK4196":"保健护理服务","BK4524":"宅经济概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4577":"网络游戏","SH":"标普500反向ETF","QID":"纳指两倍做空ETF","BK4501":"段永平概念","IVV":"标普500指数ETF","LHDX":"Lucira Health, Inc.","SSO":"两倍做多标普500ETF","BK4574":"无人驾驶","APR":"Apria, Inc.","SANA":"Sana Biotechnology, Inc.","DXD":"道指两倍做空ETF",".DJI":"道琼斯","BK4561":"索罗斯持仓","BK4573":"虚拟现实","BK4505":"高瓴资本持仓",".IXIC":"NASDAQ Composite","BK4581":"高盛持仓","SQQQ":"纳指三倍做空ETF","BK4507":"流媒体概念","BK4512":"苹果概念",".SPX":"S&P 500 Index","LABP":"Landos Biopharma, Inc.","BK4504":"桥水持仓","OEF":"标普100指数ETF-iShares","BK4550":"红杉资本持仓","BK4559":"巴菲特持仓","PSQ":"纳指反向ETF","SPY":"标普500ETF","BK4170":"电脑硬件、储存设备及电脑周边","DDM":"道指两倍做多ETF","SDOW":"道指三倍做空ETF-ProShares","BK4023":"应用软件","BK4515":"5G概念","DJX":"1/100道琼斯","CGEM":"Cullinan Therapeutics","SDS":"两倍做空标普500ETF","TQQQ":"纳指三倍做多ETF","BK4571":"数字音乐概念","ONTF":"ON24, Inc.","QQQ":"纳指100ETF","BK4553":"喜马拉雅资本持仓","BK4139":"生物科技","BK4576":"AR"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2232773984","content_text":"* Activision up after Berkshire Hathaway reveals 9.5% stake* Spirit Airlines slumps as board rejects JetBlue takeover offer* Yield on 10-yr U.S. Treasuries hits 3% for first time since 2018* Tech names stage late-afternoon rally* Indexes gain: Dow 0.26%, S&P 0.57%, Nasdaq 1.63%May 2 (Reuters) - Wall Street's main indexes closed a seesaw session higher on Monday, as investors bought in to technology names in the last hour of trading amid bets they had been overly beaten down ahead of this week's Federal Reserve meeting.The gathering of U.S. central bank policymakers is widely expected to raise interest rates by half a percentage point, with this week's move expected to kick off a period of aggressive rate hikes to counter inflation.Nervousness heading into the meeting was reflected in a topsy-turvy session for U.S. equities. After positive moves to start the day, the S&P 500 fell to its lowest intraday point since May 2021, and the Nasdaq touched a level last seen in November 2020.The jitters were also seen in the market for U.S. Treasuries, where the ten-year benchmark breached 3% for the first time in more than three years.As well as positioning themselves for the expected rate hike, traders were also looking to the launch of \"quantitative tightening,\" where the central bank reduces its balance sheet after buying bonds to support the economy during the pandemic.However, earlier declines were used as a buying opportunity by some in the latter part of the session to drag all three indexes into positive territory.\"We're at a point in the market now where so much of it, across various sectors, is beaten down,\" said Sylvia Jablonski, chief investment officer of Defiance ETF.\"I think the market has priced in what the Fed will be able to do, so my sense - as someone who likes to look for long-term opportunities - is that this is the land of opportunity right now.\"Jablonski pointed to megacap technology names, which stand to remain key parts of the economy for years to come, as being \"on sale\".High-growth stocks such as tech have been pummeled this year as a result of traders adjusting for the higher interest-rate environment, with losses accentuated in recent days by a number of disappointing earnings reports.However, Facebook parent Meta Platforms Inc climbed 5.3% on Monday after falling 9.8% last month. Nvidia Corp also jumped 5.3%, while Microsoft Corp gained 2.5%, after sharp declines in April.After spending much of the day in the red, Tesla Inc, Amazon.com Inc and Apple Inc all ended between 0.2% and 3.7% higher.Apple had been weighed down for much of Monday as the iPhone maker faced a possible hefty fine after EU antitrust regulators charged it with restricting rivals' access to its technology used for mobile wallets.The Dow Jones Industrial Average rose 84.29 points, or 0.26%, to 33,061.5, the S&P 500 gained 23.45 points, or 0.57%, to 4,155.38 and the Nasdaq Composite added 201.38 points, or 1.63%, to 12,536.02.Of the 11 S&P sectors, communications services was the biggest advancer of the six indexes that gained. Real estate led decliners.Pfizer Inc fell 1.5% after a large trial found its COVID-19 oral antiviral treatment Paxlovid was not effective at preventing coronavirus infections in people living with someone infected with the virus.Activision Blizzard climbed 3.3% after Warren Buffett said Berkshire Hathaway Inc has taken a 9.5% stake in the \"Call of Duty\" game maker.Spirit Airlines slid 9.4% after the ultra low-cost carrier rejected JetBlue Airways Corp's $33-per-share takeover offer, saying it had a low likelihood of winning approval from government regulators.By comparison, JetBlue ended 2.6% higher, regaining ground lost during a midday wobble that had wiped out initial gains.Volume on U.S. exchanges was 13.22 billion shares, compared with the 11.87 billion average for the full session over the last 20 trading days.The S&P 500 posted 1 new 52-week high and 52 new lows; the Nasdaq Composite recorded 26 new highs and 503 new 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