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2022-01-08
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Wall St posts declines for first week of 2022; Nasdaq has worst week since Feb
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2022-01-31
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Amazon, Facebook, and Alphabet Earnings, Jobs Report: What to Know This Week
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Most notably, investors will tune in to presentations from Amazon (AMZN), Facebook now <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> (FB), and Alphabet (GOOG, GOOGL), three of the five corporate heavyweights that account for about <a href=\"https://laohu8.com/S/AONE.U\">one</a>-quarter of the benchmark’s total market capitalization.</p><p>Amazon is scheduled to report figures for the last three months of 2021 after the bell on Thursday. Analysts expect adjusted earnings per share of $3.89 on revenue of $137.87 billion. With the stock down 15.5% year-to-date as of Friday’s close, a look at fourth quarter performance could be a make-or-break moment for the e-commerce giant as markets reassess tech valuations.</p><p>Facebook, known now by its rebrand to Meta Platforms, has also been under pressure in recent weeks amid the broader sell-off in technology stocks. Investors are likely to get more details about the company’s progress on its Oculus virtual reality headset when it reports on Tuesday, which stock watchers expect could give the social media platform a needed boost. Facebook is projected to report earnings of $3.83 per share, on revenue of $33.44 billion, according to Bloomberg consensus estimates.</p><p>Results from Alphabet, due out Tuesday, are expected to show adjusted earnings per share of $27.45 on revenue of $59.38 billion. Also bearing the brunt of the tech rout, shares of Alphabet are down 8% year-to-date. Stock watchers will tune in for a gauge on the momentum of its cloud platform, a component that has contributed greatly to the company’s growth and could help the stock see a rebound.</p><p>On the economic front, employment data will be in the spotlight this week. The Department of Labor’s monthly jobs report due for release on Friday will offer an updated look at the strength of hiring and labor force participation — important measures of the U.S. economy, made even more consequential in recent weeks as the impact of the latest Omicron-driven wave begins to appear in the latest surveys. Economists expect private employers added 150,000 jobs in January, lower than the previous month. The unemployment rate is expected to remain unchanged from December at 3.9%, according to Bloomberg consensus estimates.</p><p>Even as Omicron’s spread may be slowing, payrolls are likely to be a bit slower to respond to falling COVID-19 cases than the real-time activity data, according to Pantheon Macroeconomics Chief Economist Ian Shepherdson.</p><p>“The surge in COVID cases has created new headwinds for the economy even as tailwinds, including the federal government’s fiscal boosts, are waning,” Bankrate senior economic analyst Mark Hamrick said in a note.</p><p>“The detrimental combination of supply chain constraints and the shortage, or lack of availability, of workers amid the Omicron surge is weighing on the nation’s economic recovery,” adding that under the circumstances, “it is hard to make the case for a huge acceleration in hiring this month.”</p><h2><b>End of a volatile month for equities</b></h2><h2></h2><p>Federal Reserve anxiety has made for a volatile January for equities. The S&P 500 is poised to end the month down 7% and 8% off its all-time high as traders adjust to the reality of a more aggressive central bank and a quicker pace of interest rate hikes than initially anticipated.</p><p>Stocks whipsawed last week after remarks from Jerome Powell following the Fed’s two-day policy-setting meeting that strongly signaled a liftoff on interest rates to above their current near-zero levels was likely to come in March as policymakers look to tighten financial conditions amid a backdrop of surging inflation.</p><p>“Anytime the Fed is going from really easy to starting to tighten, there’s always uncertainty, but this has been a stomach-churning week,” Wells Fargo Investment Institute senior global equity strategist Scott Wren told Yahoo Finance Live, adding that every day has been a battle of the 200-day moving average in the S&P 500.</p><p>Powell, taking on his most hawkish tone yet, prompted even big Fed watchers to sharply ramp up and revise their calls on rate hikes: Bank of America unveiled one of the most aggressive predictions on the Street, outlining expectations for seven increases this year, while JPMorgan upwardly revised its outlook from four to five hikes. On Saturday, Goldman Sachs revised its interest rate hike expectation to five times from four this year.</p><p>Charles Schwab chief fixed income strategist Kathy Jones told Yahoo Finance Live, however, that it is “premature” to talk about much more than three until the Fed offers more clarity around how it will use its balance sheet to tighten policy.</p><p>“Some of the estimates are just well ahead of reality at this stage of the game,” she said.</p><p>As investors buckle up for swing after swing, TKer’s Sam Ro points out that “gut-wrenching sell-offs are normal:” the S&P 500 sees three sell-offs of 5% or greater in an average year, with the maximum average annual drawdown — or biggest intra-year sell-off — at 14%, making even the sharpest of gyrations in benchmarks in recent weeks “very much within the realm of average."</p><h2>Economic calendar</h2><ul><li><p><b>Monday: </b>MNI Chicago PMI, January (61.8 expected, 63.1 prior, upwardly revised to 64.3); Dallas Fed Manf. Activity, January (8.5 expected, 8.1 prior)</p></li><li><p><b>Tuesday: </b><a href=\"https://laohu8.com/S/MRKT\">Markit</a> US Manufacturing PMI, January final (55.0 expected, 55.0 prior); Construction Spending, month over month, December (0.6% expected, 0.4% during prior month); ISM New Orders, January (60.4% prior month, upwardly revised to 61.0%); ISM Manufacturing, January (57.5 expected, 58.7 during prior month, upwardly revised to 58.8); ISM Employment, January (54.2 prior month, downwardly revised to 53.9); ISM Prices Paid, January (67.0 expected, 68.2 prior month); JOLTS job openings, December (10.3 million prior month); WARDS Total Vehicle Sales, January (12.7 million expected, 12.44 million prior month)</p></li><li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended Jan. 28 (-7.1% during prior week); ADP Employment Change, January (200,000 expected, 807,000 prior month)</p></li><li><p><b>Thursday: </b>Challenger Job Cuts, year over year, January (-75.3% prior); Unit Labor Costs, fourth quarter preliminary (1.0% expected, 9.6% during prior quarter); Nonfarm Productivity, fourth quarter preliminary (3.2% expected, -5.2% expected); Initial Jobless Claims, week ended Jan. 29 (250,000 expected, 260,000 during prior week); Continuing Claims, week ended Jan. 22 (1.6 million expected, 1.675 million during prior week); Markit US Services PMI, January final (50.9 expected, 50.9 prior month); Markit US Composite PMI, January final (50.8 expected, 50.8 prior month); ISM Services Index, January (59.0 expected, 62.0 prior); Durable Goods Orders, December final (-0.9% prior); Factory Orders Excluding Transportation, December (0.8% final) Durable Goods Excluding Transportation, December final (0.4% prior); Capital Goods Orders Nondefense Excluding Aircrafts, December final (0.0%); Capital Goods Shipments Nondefense Excluding Aircrafts, December final (1.3%)</p></li><li><p><b>Friday: </b>Revisions – Employment Report, Establishment Survey; <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>-Month Payroll Net Revision, January (141,000 prior); Change in Private Payrolls, January (150,000 expected, 211,000 prior month); Change in Manufacturing Payrolls, January (20,000 expected, 27,000 prior month); Unemployment Rate, January (3.9% expected, 3.9% prior); Average Hourly Earnings, month over month, January (0.5% expected, 0.6% prior month); Average Hourly Earnings, year over year, January (5.2% expected, 4.7% prior month); Average Weekly Hours All Employees, January (34.7 expected, 34.7 prior month); Labor Force Participation Rate, January (61.9% expected, 61.9% prior month); Underemployment Rate, January (7.3% prior month)</p></li></ul><h2>Earnings calendar</h2><h2></h2><ul><li><p><b>Monday: </b>Otis WorldWide (OTIS) before market open, NXP Semiconductors (NXPI) after market close, Cirrus Logic (CRUS) at market close</p></li><li><p><b>Tuesday: </b>UPS (UPS) before market open, Sirius XM (SIRI) before market open, Alphabet (GOOG) after market close, General Motors (GM) at market close, Starbucks (SBUX) after market close, <a href=\"https://laohu8.com/S/AMD\">AMD</a> (AMD) after market close, <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings (PYPL) after market close, Match Group (MTCH) after market close and Electronic Arts (EA) after market close, Gilead (GILD) after market close</p></li><li><p><b>Wednesday:</b> AmerisourceBergen (ABC) before market open, AbbVie (ABBV) before market open, Humana (HUM), ThermoFisher Scientific (TMO), Marathon Petroleum (MPC) before market open, T-Mobile (TMUS) after market close, Qualcomm (QCOM) after market open, Meta Platforms (FB) after market close, Boston Scientific (BSX) after market close</p></li><li><p><b>Thursday:</b> Merck (MRK) before market open, Eli Lilly & Co. (LLY) before market open, HoneyWell (HON) before market open, Estee Lauder (EL) before market open, Cardinal Health (CAH) before market open, Shell plc (RDS-b) before market open, Cigna (CI) before market open, Amazon (AMZN) before market open, Ford (F) before market open, Snap (SNAP) before market open, Pinterest (PINS) before market open, Activation Blizzard (ATVI) before market open, Skechers (SKX) before market open, <a href=\"https://laohu8.com/S/GPRO\">GoPro</a> (GPRO) before market open, Fortinet (FTNT) before market open, News Corp. (NWSA) before market open, Unity Software (U) before market open</p></li><li><p><b>Friday:</b> Wynn Resorts (WYNN), Bristol-Myers (BMY) before market open, Regeneron (REGN) before market open, Aon (AON) before market open, Royal Caribbean Cruises (RCL), Eaton (ETN), CBOE Global Markets (CBOE)</p></li></ul></body></html>","source":"yahoofinance_au","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>Amazon, Facebook, and Alphabet Earnings, Jobs Report: What to Know This Week</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\">\nAmazon, Facebook, and Alphabet Earnings, Jobs Report: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-31 07:11 GMT+8 <a href=https://finance.yahoo.com/news/amazon-facebook-and-alphabet-earnings-jobs-report-what-to-know-this-week-174806259.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The wild ride in markets is likely to power on this week, with investors in store for a slew of big earnings and fresh reads on key unemployment data out of Washington, including the ever-important ...</p>\n\n<a href=\"https://finance.yahoo.com/news/amazon-facebook-and-alphabet-earnings-jobs-report-what-to-know-this-week-174806259.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"METV":"Roundhill Ball Metaverse ETF","AMZN":"亚马逊","SPY.AU":"SPDR® S&P 500® ETF Trust","META":"Meta Platforms, Inc."},"source_url":"https://finance.yahoo.com/news/amazon-facebook-and-alphabet-earnings-jobs-report-what-to-know-this-week-174806259.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2207800554","content_text":"The wild ride in markets is likely to power on this week, with investors in store for a slew of big earnings and fresh reads on key unemployment data out of Washington, including the ever-important monthly jobs report.Monday kicks off a pivotal week in the earnings season, with more than 100 companies in the S&P 500 set to report fourth quarter results through Friday. Most notably, investors will tune in to presentations from Amazon (AMZN), Facebook now Meta Platforms (FB), and Alphabet (GOOG, GOOGL), three of the five corporate heavyweights that account for about one-quarter of the benchmark’s total market capitalization.Amazon is scheduled to report figures for the last three months of 2021 after the bell on Thursday. Analysts expect adjusted earnings per share of $3.89 on revenue of $137.87 billion. With the stock down 15.5% year-to-date as of Friday’s close, a look at fourth quarter performance could be a make-or-break moment for the e-commerce giant as markets reassess tech valuations.Facebook, known now by its rebrand to Meta Platforms, has also been under pressure in recent weeks amid the broader sell-off in technology stocks. Investors are likely to get more details about the company’s progress on its Oculus virtual reality headset when it reports on Tuesday, which stock watchers expect could give the social media platform a needed boost. Facebook is projected to report earnings of $3.83 per share, on revenue of $33.44 billion, according to Bloomberg consensus estimates.Results from Alphabet, due out Tuesday, are expected to show adjusted earnings per share of $27.45 on revenue of $59.38 billion. Also bearing the brunt of the tech rout, shares of Alphabet are down 8% year-to-date. Stock watchers will tune in for a gauge on the momentum of its cloud platform, a component that has contributed greatly to the company’s growth and could help the stock see a rebound.On the economic front, employment data will be in the spotlight this week. The Department of Labor’s monthly jobs report due for release on Friday will offer an updated look at the strength of hiring and labor force participation — important measures of the U.S. economy, made even more consequential in recent weeks as the impact of the latest Omicron-driven wave begins to appear in the latest surveys. Economists expect private employers added 150,000 jobs in January, lower than the previous month. The unemployment rate is expected to remain unchanged from December at 3.9%, according to Bloomberg consensus estimates.Even as Omicron’s spread may be slowing, payrolls are likely to be a bit slower to respond to falling COVID-19 cases than the real-time activity data, according to Pantheon Macroeconomics Chief Economist Ian Shepherdson.“The surge in COVID cases has created new headwinds for the economy even as tailwinds, including the federal government’s fiscal boosts, are waning,” Bankrate senior economic analyst Mark Hamrick said in a note.“The detrimental combination of supply chain constraints and the shortage, or lack of availability, of workers amid the Omicron surge is weighing on the nation’s economic recovery,” adding that under the circumstances, “it is hard to make the case for a huge acceleration in hiring this month.”End of a volatile month for equitiesFederal Reserve anxiety has made for a volatile January for equities. The S&P 500 is poised to end the month down 7% and 8% off its all-time high as traders adjust to the reality of a more aggressive central bank and a quicker pace of interest rate hikes than initially anticipated.Stocks whipsawed last week after remarks from Jerome Powell following the Fed’s two-day policy-setting meeting that strongly signaled a liftoff on interest rates to above their current near-zero levels was likely to come in March as policymakers look to tighten financial conditions amid a backdrop of surging inflation.“Anytime the Fed is going from really easy to starting to tighten, there’s always uncertainty, but this has been a stomach-churning week,” Wells Fargo Investment Institute senior global equity strategist Scott Wren told Yahoo Finance Live, adding that every day has been a battle of the 200-day moving average in the S&P 500.Powell, taking on his most hawkish tone yet, prompted even big Fed watchers to sharply ramp up and revise their calls on rate hikes: Bank of America unveiled one of the most aggressive predictions on the Street, outlining expectations for seven increases this year, while JPMorgan upwardly revised its outlook from four to five hikes. On Saturday, Goldman Sachs revised its interest rate hike expectation to five times from four this year.Charles Schwab chief fixed income strategist Kathy Jones told Yahoo Finance Live, however, that it is “premature” to talk about much more than three until the Fed offers more clarity around how it will use its balance sheet to tighten policy.“Some of the estimates are just well ahead of reality at this stage of the game,” she said.As investors buckle up for swing after swing, TKer’s Sam Ro points out that “gut-wrenching sell-offs are normal:” the S&P 500 sees three sell-offs of 5% or greater in an average year, with the maximum average annual drawdown — or biggest intra-year sell-off — at 14%, making even the sharpest of gyrations in benchmarks in recent weeks “very much within the realm of average.\"Economic calendarMonday: MNI Chicago PMI, January (61.8 expected, 63.1 prior, upwardly revised to 64.3); Dallas Fed Manf. Activity, January (8.5 expected, 8.1 prior)Tuesday: Markit US Manufacturing PMI, January final (55.0 expected, 55.0 prior); Construction Spending, month over month, December (0.6% expected, 0.4% during prior month); ISM New Orders, January (60.4% prior month, upwardly revised to 61.0%); ISM Manufacturing, January (57.5 expected, 58.7 during prior month, upwardly revised to 58.8); ISM Employment, January (54.2 prior month, downwardly revised to 53.9); ISM Prices Paid, January (67.0 expected, 68.2 prior month); JOLTS job openings, December (10.3 million prior month); WARDS Total Vehicle Sales, January (12.7 million expected, 12.44 million prior month)Wednesday: MBA Mortgage Applications, week ended Jan. 28 (-7.1% during prior week); ADP Employment Change, January (200,000 expected, 807,000 prior month)Thursday: Challenger Job Cuts, year over year, January (-75.3% prior); Unit Labor Costs, fourth quarter preliminary (1.0% expected, 9.6% during prior quarter); Nonfarm Productivity, fourth quarter preliminary (3.2% expected, -5.2% expected); Initial Jobless Claims, week ended Jan. 29 (250,000 expected, 260,000 during prior week); Continuing Claims, week ended Jan. 22 (1.6 million expected, 1.675 million during prior week); Markit US Services PMI, January final (50.9 expected, 50.9 prior month); Markit US Composite PMI, January final (50.8 expected, 50.8 prior month); ISM Services Index, January (59.0 expected, 62.0 prior); Durable Goods Orders, December final (-0.9% prior); Factory Orders Excluding Transportation, December (0.8% final) Durable Goods Excluding Transportation, December final (0.4% prior); Capital Goods Orders Nondefense Excluding Aircrafts, December final (0.0%); Capital Goods Shipments Nondefense Excluding Aircrafts, December final (1.3%)Friday: Revisions – Employment Report, Establishment Survey; Two-Month Payroll Net Revision, January (141,000 prior); Change in Private Payrolls, January (150,000 expected, 211,000 prior month); Change in Manufacturing Payrolls, January (20,000 expected, 27,000 prior month); Unemployment Rate, January (3.9% expected, 3.9% prior); Average Hourly Earnings, month over month, January (0.5% expected, 0.6% prior month); Average Hourly Earnings, year over year, January (5.2% expected, 4.7% prior month); Average Weekly Hours All Employees, January (34.7 expected, 34.7 prior month); Labor Force Participation Rate, January (61.9% expected, 61.9% prior month); Underemployment Rate, January (7.3% prior month)Earnings calendarMonday: Otis WorldWide (OTIS) before market open, NXP Semiconductors (NXPI) after market close, Cirrus Logic (CRUS) at market closeTuesday: UPS (UPS) before market open, Sirius XM (SIRI) before market open, Alphabet (GOOG) after market close, General Motors (GM) at market close, Starbucks (SBUX) after market close, AMD (AMD) after market close, PayPal Holdings (PYPL) after market close, Match Group (MTCH) after market close and Electronic Arts (EA) after market close, Gilead (GILD) after market closeWednesday: AmerisourceBergen (ABC) before market open, AbbVie (ABBV) before market open, Humana (HUM), ThermoFisher Scientific (TMO), Marathon Petroleum (MPC) before market open, T-Mobile (TMUS) after market close, Qualcomm (QCOM) after market open, Meta Platforms (FB) after market close, Boston Scientific (BSX) after market closeThursday: Merck (MRK) before market open, Eli Lilly & Co. (LLY) before market open, HoneyWell (HON) before market open, Estee Lauder (EL) before market open, Cardinal Health (CAH) before market open, Shell plc (RDS-b) before market open, Cigna (CI) before market open, Amazon (AMZN) before market open, Ford (F) before market open, Snap (SNAP) before market open, Pinterest (PINS) before market open, Activation Blizzard (ATVI) before market open, Skechers (SKX) before market open, GoPro (GPRO) before market open, Fortinet (FTNT) before market open, News Corp. (NWSA) before market open, Unity Software (U) before market openFriday: Wynn Resorts (WYNN), Bristol-Myers (BMY) before market open, Regeneron (REGN) before market open, Aon (AON) before market open, Royal Caribbean Cruises (RCL), Eaton (ETN), CBOE Global Markets (CBOE)","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9006132951,"gmtCreate":1641631755050,"gmtModify":1676533636323,"author":{"id":"4103629862885260","authorId":"4103629862885260","name":"LKH131088","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4103629862885260","authorIdStr":"4103629862885260"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006132951","repostId":"2201424321","repostType":4,"repost":{"id":"2201424321","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":1641597180,"share":"https://ttm.financial/m/news/2201424321?lang=&edition=fundamental","pubTime":"2022-01-08 07:13","market":"us","language":"en","title":"Wall St posts declines for first week of 2022; Nasdaq has worst week since Feb","url":"https://stock-news.laohu8.com/highlight/detail?id=2201424321","media":"Reuters","summary":"* U.S. nonfarm payrolls rise by 199,000 in December* GameStop jumps after report of foray into NFT, ","content":"<html><head></head><body><p>* U.S. nonfarm payrolls rise by 199,000 in December</p><p>* GameStop jumps after report of foray into NFT, crypto markets</p><p>* Indexes: Dow down 0.01%, S&P 500 down 0.4%, Nasdaq down 1%</p><p>NEW YORK Jan 7 (Reuters) - Wall Street on Friday wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news.</p><p>The Nasdaq posted its biggest weekly percentage fall since February 2021 and led declines for the day in the major indexes. Stocks fell on Friday after the December U.S. jobs report missed expectations but was still seen as strong enough to keep the Federal Reserve's tightening path in place.</p><p>Friday's Labor Department data showed the U.S. jobs market was at or near maximum employment even though employment rose far less than expected in December, when there were worker shortages.</p><p>On Wednesday, minutes released of the Fed's Dec. 14-15 policy meeting showed officials at the U.S. central bank viewed the labor market as "very tight," and signaled the Fed may have to raise rates sooner than expected.</p><p>"The investor takeaway is that the labor market continues to be tight despite the headline miss," said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.</p><p>"Investors are concerned the Fed will be more aggressive than expected."</p><p>Consumer discretionary and and technology sectors led the way lower on the S&P 500 on Friday. Big tech companies have benefited from low interest rates.</p><p>On the flip side, the S&P 500 financials sector and banking index extended recent gains and reached record closing highs. The bank index rose 9.4% for the week, registering its biggest weekly percentage gain since November 2020.</p><p>The Dow Jones Industrial Average fell 4.81 points, or 0.01%, to 36,231.66, the S&P 500 lost 19.02 points, or 0.41%, to 4,677.03 and the Nasdaq Composite dropped 144.96 points, or 0.96%, to 14,935.90.</p><p>For the week, the Dow fell 0.3%, the S&P 500 declined 1.9% and the Nasdaq dropped 4.5%.</p><p>Banks have risen with U.S. Treasury yields, with the U.S. benchmark 10-year yield soaring to a two-year high on Friday on the outlook for Fed rate hikes.</p><p>"The sentiment has turned negative," said Jack Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. "Right now the market is nervous and in the mood to sell at the first hint of bad news."</p><p>Rising cases on the Omicron variant of the coronavirus also caused investor jitters this week.</p><p>Investors have been rotating out technology-heavy growth shares and into more value-oriented shares, which they think may do better in a high interest-rate environment.</p><p>The S&P 500 value index added 1% this week, outperforming the S&P 500 growth index which fell 4.5%, its biggest weekly percentage drop since October 2020.</p><p>The S&P 500 energy sector gained sharply for the week, rising 10.6% in its best week since November 2020.</p><p>"Meme stock" GameStop Corp jumped 7.3% after the video game retailer said it is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.01-to-1 ratio; on Nasdaq, a 1.38-to-1 ratio favored decliners.</p><p>The S&P 500 posted 50 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 83 new highs and 262 new lows.</p><p>Volume on U.S. exchanges was 10.21 billion shares, compared with the roughly 10.4 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St posts declines for first week of 2022; Nasdaq has worst week since Feb</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 posts declines for first week of 2022; Nasdaq has worst week since Feb\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-08 07:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. nonfarm payrolls rise by 199,000 in December</p><p>* GameStop jumps after report of foray into NFT, crypto markets</p><p>* Indexes: Dow down 0.01%, S&P 500 down 0.4%, Nasdaq down 1%</p><p>NEW YORK Jan 7 (Reuters) - Wall Street on Friday wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news.</p><p>The Nasdaq posted its biggest weekly percentage fall since February 2021 and led declines for the day in the major indexes. Stocks fell on Friday after the December U.S. jobs report missed expectations but was still seen as strong enough to keep the Federal Reserve's tightening path in place.</p><p>Friday's Labor Department data showed the U.S. jobs market was at or near maximum employment even though employment rose far less than expected in December, when there were worker shortages.</p><p>On Wednesday, minutes released of the Fed's Dec. 14-15 policy meeting showed officials at the U.S. central bank viewed the labor market as "very tight," and signaled the Fed may have to raise rates sooner than expected.</p><p>"The investor takeaway is that the labor market continues to be tight despite the headline miss," said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.</p><p>"Investors are concerned the Fed will be more aggressive than expected."</p><p>Consumer discretionary and and technology sectors led the way lower on the S&P 500 on Friday. Big tech companies have benefited from low interest rates.</p><p>On the flip side, the S&P 500 financials sector and banking index extended recent gains and reached record closing highs. The bank index rose 9.4% for the week, registering its biggest weekly percentage gain since November 2020.</p><p>The Dow Jones Industrial Average fell 4.81 points, or 0.01%, to 36,231.66, the S&P 500 lost 19.02 points, or 0.41%, to 4,677.03 and the Nasdaq Composite dropped 144.96 points, or 0.96%, to 14,935.90.</p><p>For the week, the Dow fell 0.3%, the S&P 500 declined 1.9% and the Nasdaq dropped 4.5%.</p><p>Banks have risen with U.S. Treasury yields, with the U.S. benchmark 10-year yield soaring to a two-year high on Friday on the outlook for Fed rate hikes.</p><p>"The sentiment has turned negative," said Jack Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. "Right now the market is nervous and in the mood to sell at the first hint of bad news."</p><p>Rising cases on the Omicron variant of the coronavirus also caused investor jitters this week.</p><p>Investors have been rotating out technology-heavy growth shares and into more value-oriented shares, which they think may do better in a high interest-rate environment.</p><p>The S&P 500 value index added 1% this week, outperforming the S&P 500 growth index which fell 4.5%, its biggest weekly percentage drop since October 2020.</p><p>The S&P 500 energy sector gained sharply for the week, rising 10.6% in its best week since November 2020.</p><p>"Meme stock" GameStop Corp jumped 7.3% after the video game retailer said it is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.01-to-1 ratio; on Nasdaq, a 1.38-to-1 ratio favored decliners.</p><p>The S&P 500 posted 50 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 83 new highs and 262 new lows.</p><p>Volume on U.S. exchanges was 10.21 billion shares, compared with the roughly 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","GME":"游戏驿站",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201424321","content_text":"* U.S. nonfarm payrolls rise by 199,000 in December* GameStop jumps after report of foray into NFT, crypto markets* Indexes: Dow down 0.01%, S&P 500 down 0.4%, Nasdaq down 1%NEW YORK Jan 7 (Reuters) - Wall Street on Friday wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news.The Nasdaq posted its biggest weekly percentage fall since February 2021 and led declines for the day in the major indexes. Stocks fell on Friday after the December U.S. jobs report missed expectations but was still seen as strong enough to keep the Federal Reserve's tightening path in place.Friday's Labor Department data showed the U.S. jobs market was at or near maximum employment even though employment rose far less than expected in December, when there were worker shortages.On Wednesday, minutes released of the Fed's Dec. 14-15 policy meeting showed officials at the U.S. central bank viewed the labor market as \"very tight,\" and signaled the Fed may have to raise rates sooner than expected.\"The investor takeaway is that the labor market continues to be tight despite the headline miss,\" said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.\"Investors are concerned the Fed will be more aggressive than expected.\"Consumer discretionary and and technology sectors led the way lower on the S&P 500 on Friday. Big tech companies have benefited from low interest rates.On the flip side, the S&P 500 financials sector and banking index extended recent gains and reached record closing highs. The bank index rose 9.4% for the week, registering its biggest weekly percentage gain since November 2020.The Dow Jones Industrial Average fell 4.81 points, or 0.01%, to 36,231.66, the S&P 500 lost 19.02 points, or 0.41%, to 4,677.03 and the Nasdaq Composite dropped 144.96 points, or 0.96%, to 14,935.90.For the week, the Dow fell 0.3%, the S&P 500 declined 1.9% and the Nasdaq dropped 4.5%.Banks have risen with U.S. Treasury yields, with the U.S. benchmark 10-year yield soaring to a two-year high on Friday on the outlook for Fed rate hikes.\"The sentiment has turned negative,\" said Jack Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. \"Right now the market is nervous and in the mood to sell at the first hint of bad news.\"Rising cases on the Omicron variant of the coronavirus also caused investor jitters this week.Investors have been rotating out technology-heavy growth shares and into more value-oriented shares, which they think may do better in a high interest-rate environment.The S&P 500 value index added 1% this week, outperforming the S&P 500 growth index which fell 4.5%, its biggest weekly percentage drop since October 2020.The S&P 500 energy sector gained sharply for the week, rising 10.6% in its best week since November 2020.\"Meme stock\" GameStop Corp jumped 7.3% after the video game retailer said it is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.Advancing issues outnumbered declining ones on the NYSE by a 1.01-to-1 ratio; on Nasdaq, a 1.38-to-1 ratio favored decliners.The S&P 500 posted 50 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 83 new highs and 262 new lows.Volume on U.S. exchanges was 10.21 billion shares, compared with the roughly 10.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9006132951,"gmtCreate":1641631755050,"gmtModify":1676533636323,"author":{"id":"4103629862885260","authorId":"4103629862885260","name":"LKH131088","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4103629862885260","authorIdStr":"4103629862885260"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9006132951","repostId":"2201424321","repostType":4,"repost":{"id":"2201424321","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":1641597180,"share":"https://ttm.financial/m/news/2201424321?lang=&edition=fundamental","pubTime":"2022-01-08 07:13","market":"us","language":"en","title":"Wall St posts declines for first week of 2022; Nasdaq has worst week since Feb","url":"https://stock-news.laohu8.com/highlight/detail?id=2201424321","media":"Reuters","summary":"* U.S. nonfarm payrolls rise by 199,000 in December* GameStop jumps after report of foray into NFT, ","content":"<html><head></head><body><p>* U.S. nonfarm payrolls rise by 199,000 in December</p><p>* GameStop jumps after report of foray into NFT, crypto markets</p><p>* Indexes: Dow down 0.01%, S&P 500 down 0.4%, Nasdaq down 1%</p><p>NEW YORK Jan 7 (Reuters) - Wall Street on Friday wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news.</p><p>The Nasdaq posted its biggest weekly percentage fall since February 2021 and led declines for the day in the major indexes. Stocks fell on Friday after the December U.S. jobs report missed expectations but was still seen as strong enough to keep the Federal Reserve's tightening path in place.</p><p>Friday's Labor Department data showed the U.S. jobs market was at or near maximum employment even though employment rose far less than expected in December, when there were worker shortages.</p><p>On Wednesday, minutes released of the Fed's Dec. 14-15 policy meeting showed officials at the U.S. central bank viewed the labor market as "very tight," and signaled the Fed may have to raise rates sooner than expected.</p><p>"The investor takeaway is that the labor market continues to be tight despite the headline miss," said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.</p><p>"Investors are concerned the Fed will be more aggressive than expected."</p><p>Consumer discretionary and and technology sectors led the way lower on the S&P 500 on Friday. Big tech companies have benefited from low interest rates.</p><p>On the flip side, the S&P 500 financials sector and banking index extended recent gains and reached record closing highs. The bank index rose 9.4% for the week, registering its biggest weekly percentage gain since November 2020.</p><p>The Dow Jones Industrial Average fell 4.81 points, or 0.01%, to 36,231.66, the S&P 500 lost 19.02 points, or 0.41%, to 4,677.03 and the Nasdaq Composite dropped 144.96 points, or 0.96%, to 14,935.90.</p><p>For the week, the Dow fell 0.3%, the S&P 500 declined 1.9% and the Nasdaq dropped 4.5%.</p><p>Banks have risen with U.S. Treasury yields, with the U.S. benchmark 10-year yield soaring to a two-year high on Friday on the outlook for Fed rate hikes.</p><p>"The sentiment has turned negative," said Jack Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. "Right now the market is nervous and in the mood to sell at the first hint of bad news."</p><p>Rising cases on the Omicron variant of the coronavirus also caused investor jitters this week.</p><p>Investors have been rotating out technology-heavy growth shares and into more value-oriented shares, which they think may do better in a high interest-rate environment.</p><p>The S&P 500 value index added 1% this week, outperforming the S&P 500 growth index which fell 4.5%, its biggest weekly percentage drop since October 2020.</p><p>The S&P 500 energy sector gained sharply for the week, rising 10.6% in its best week since November 2020.</p><p>"Meme stock" GameStop Corp jumped 7.3% after the video game retailer said it is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.01-to-1 ratio; on Nasdaq, a 1.38-to-1 ratio favored decliners.</p><p>The S&P 500 posted 50 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 83 new highs and 262 new lows.</p><p>Volume on U.S. exchanges was 10.21 billion shares, compared with the roughly 10.4 billion average for the full session over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St posts declines for first week of 2022; Nasdaq has worst week since Feb</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 posts declines for first week of 2022; Nasdaq has worst week since Feb\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-01-08 07:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. nonfarm payrolls rise by 199,000 in December</p><p>* GameStop jumps after report of foray into NFT, crypto markets</p><p>* Indexes: Dow down 0.01%, S&P 500 down 0.4%, Nasdaq down 1%</p><p>NEW YORK Jan 7 (Reuters) - Wall Street on Friday wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news.</p><p>The Nasdaq posted its biggest weekly percentage fall since February 2021 and led declines for the day in the major indexes. Stocks fell on Friday after the December U.S. jobs report missed expectations but was still seen as strong enough to keep the Federal Reserve's tightening path in place.</p><p>Friday's Labor Department data showed the U.S. jobs market was at or near maximum employment even though employment rose far less than expected in December, when there were worker shortages.</p><p>On Wednesday, minutes released of the Fed's Dec. 14-15 policy meeting showed officials at the U.S. central bank viewed the labor market as "very tight," and signaled the Fed may have to raise rates sooner than expected.</p><p>"The investor takeaway is that the labor market continues to be tight despite the headline miss," said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.</p><p>"Investors are concerned the Fed will be more aggressive than expected."</p><p>Consumer discretionary and and technology sectors led the way lower on the S&P 500 on Friday. Big tech companies have benefited from low interest rates.</p><p>On the flip side, the S&P 500 financials sector and banking index extended recent gains and reached record closing highs. The bank index rose 9.4% for the week, registering its biggest weekly percentage gain since November 2020.</p><p>The Dow Jones Industrial Average fell 4.81 points, or 0.01%, to 36,231.66, the S&P 500 lost 19.02 points, or 0.41%, to 4,677.03 and the Nasdaq Composite dropped 144.96 points, or 0.96%, to 14,935.90.</p><p>For the week, the Dow fell 0.3%, the S&P 500 declined 1.9% and the Nasdaq dropped 4.5%.</p><p>Banks have risen with U.S. Treasury yields, with the U.S. benchmark 10-year yield soaring to a two-year high on Friday on the outlook for Fed rate hikes.</p><p>"The sentiment has turned negative," said Jack Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. "Right now the market is nervous and in the mood to sell at the first hint of bad news."</p><p>Rising cases on the Omicron variant of the coronavirus also caused investor jitters this week.</p><p>Investors have been rotating out technology-heavy growth shares and into more value-oriented shares, which they think may do better in a high interest-rate environment.</p><p>The S&P 500 value index added 1% this week, outperforming the S&P 500 growth index which fell 4.5%, its biggest weekly percentage drop since October 2020.</p><p>The S&P 500 energy sector gained sharply for the week, rising 10.6% in its best week since November 2020.</p><p>"Meme stock" GameStop Corp jumped 7.3% after the video game retailer said it is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.01-to-1 ratio; on Nasdaq, a 1.38-to-1 ratio favored decliners.</p><p>The S&P 500 posted 50 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 83 new highs and 262 new lows.</p><p>Volume on U.S. exchanges was 10.21 billion shares, compared with the roughly 10.4 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","GME":"游戏驿站",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2201424321","content_text":"* U.S. nonfarm payrolls rise by 199,000 in December* GameStop jumps after report of foray into NFT, crypto markets* Indexes: Dow down 0.01%, S&P 500 down 0.4%, Nasdaq down 1%NEW YORK Jan 7 (Reuters) - Wall Street on Friday wrapped up the first week of the new year with daily and weekly losses as investors worried about looming U.S. interest-rate hikes and unfolding Omicron news.The Nasdaq posted its biggest weekly percentage fall since February 2021 and led declines for the day in the major indexes. Stocks fell on Friday after the December U.S. jobs report missed expectations but was still seen as strong enough to keep the Federal Reserve's tightening path in place.Friday's Labor Department data showed the U.S. jobs market was at or near maximum employment even though employment rose far less than expected in December, when there were worker shortages.On Wednesday, minutes released of the Fed's Dec. 14-15 policy meeting showed officials at the U.S. central bank viewed the labor market as \"very tight,\" and signaled the Fed may have to raise rates sooner than expected.\"The investor takeaway is that the labor market continues to be tight despite the headline miss,\" said Michael Arone, chief investment strategist at State Street Global Advisors in Boston.\"Investors are concerned the Fed will be more aggressive than expected.\"Consumer discretionary and and technology sectors led the way lower on the S&P 500 on Friday. Big tech companies have benefited from low interest rates.On the flip side, the S&P 500 financials sector and banking index extended recent gains and reached record closing highs. The bank index rose 9.4% for the week, registering its biggest weekly percentage gain since November 2020.The Dow Jones Industrial Average fell 4.81 points, or 0.01%, to 36,231.66, the S&P 500 lost 19.02 points, or 0.41%, to 4,677.03 and the Nasdaq Composite dropped 144.96 points, or 0.96%, to 14,935.90.For the week, the Dow fell 0.3%, the S&P 500 declined 1.9% and the Nasdaq dropped 4.5%.Banks have risen with U.S. Treasury yields, with the U.S. benchmark 10-year yield soaring to a two-year high on Friday on the outlook for Fed rate hikes.\"The sentiment has turned negative,\" said Jack Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. \"Right now the market is nervous and in the mood to sell at the first hint of bad news.\"Rising cases on the Omicron variant of the coronavirus also caused investor jitters this week.Investors have been rotating out technology-heavy growth shares and into more value-oriented shares, which they think may do better in a high interest-rate environment.The S&P 500 value index added 1% this week, outperforming the S&P 500 growth index which fell 4.5%, its biggest weekly percentage drop since October 2020.The S&P 500 energy sector gained sharply for the week, rising 10.6% in its best week since November 2020.\"Meme stock\" GameStop Corp jumped 7.3% after the video game retailer said it is launching a division to develop a marketplace for nonfungible tokens and establish cryptocurrency partnerships.Advancing issues outnumbered declining ones on the NYSE by a 1.01-to-1 ratio; on Nasdaq, a 1.38-to-1 ratio favored decliners.The S&P 500 posted 50 new 52-week highs and 1 new lows; the Nasdaq Composite recorded 83 new highs and 262 new lows.Volume on U.S. exchanges was 10.21 billion shares, compared with the roughly 10.4 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9093681607,"gmtCreate":1643609742226,"gmtModify":1676533835910,"author":{"id":"4103629862885260","authorId":"4103629862885260","name":"LKH131088","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4103629862885260","authorIdStr":"4103629862885260"},"themes":[],"htmlText":"Ok ","listText":"Ok ","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9093681607","repostId":"2207800554","repostType":4,"repost":{"id":"2207800554","pubTimestamp":1643584289,"share":"https://ttm.financial/m/news/2207800554?lang=&edition=fundamental","pubTime":"2022-01-31 07:11","market":"us","language":"en","title":"Amazon, Facebook, and Alphabet Earnings, Jobs Report: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2207800554","media":"Yahoo Finance","summary":"The wild ride in markets is likely to power on this week, with investors in store for a slew of big ","content":"<html><head></head><body><p>The wild ride in markets is likely to power on this week, with investors in store for a slew of big earnings and fresh reads on key unemployment data out of Washington, including the ever-important monthly jobs report.</p><p>Monday kicks off a pivotal week in the earnings season, with more than 100 companies in the S&P 500 set to report fourth quarter results through Friday. Most notably, investors will tune in to presentations from Amazon (AMZN), Facebook now <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> (FB), and Alphabet (GOOG, GOOGL), three of the five corporate heavyweights that account for about <a href=\"https://laohu8.com/S/AONE.U\">one</a>-quarter of the benchmark’s total market capitalization.</p><p>Amazon is scheduled to report figures for the last three months of 2021 after the bell on Thursday. Analysts expect adjusted earnings per share of $3.89 on revenue of $137.87 billion. With the stock down 15.5% year-to-date as of Friday’s close, a look at fourth quarter performance could be a make-or-break moment for the e-commerce giant as markets reassess tech valuations.</p><p>Facebook, known now by its rebrand to Meta Platforms, has also been under pressure in recent weeks amid the broader sell-off in technology stocks. Investors are likely to get more details about the company’s progress on its Oculus virtual reality headset when it reports on Tuesday, which stock watchers expect could give the social media platform a needed boost. Facebook is projected to report earnings of $3.83 per share, on revenue of $33.44 billion, according to Bloomberg consensus estimates.</p><p>Results from Alphabet, due out Tuesday, are expected to show adjusted earnings per share of $27.45 on revenue of $59.38 billion. Also bearing the brunt of the tech rout, shares of Alphabet are down 8% year-to-date. Stock watchers will tune in for a gauge on the momentum of its cloud platform, a component that has contributed greatly to the company’s growth and could help the stock see a rebound.</p><p>On the economic front, employment data will be in the spotlight this week. The Department of Labor’s monthly jobs report due for release on Friday will offer an updated look at the strength of hiring and labor force participation — important measures of the U.S. economy, made even more consequential in recent weeks as the impact of the latest Omicron-driven wave begins to appear in the latest surveys. Economists expect private employers added 150,000 jobs in January, lower than the previous month. The unemployment rate is expected to remain unchanged from December at 3.9%, according to Bloomberg consensus estimates.</p><p>Even as Omicron’s spread may be slowing, payrolls are likely to be a bit slower to respond to falling COVID-19 cases than the real-time activity data, according to Pantheon Macroeconomics Chief Economist Ian Shepherdson.</p><p>“The surge in COVID cases has created new headwinds for the economy even as tailwinds, including the federal government’s fiscal boosts, are waning,” Bankrate senior economic analyst Mark Hamrick said in a note.</p><p>“The detrimental combination of supply chain constraints and the shortage, or lack of availability, of workers amid the Omicron surge is weighing on the nation’s economic recovery,” adding that under the circumstances, “it is hard to make the case for a huge acceleration in hiring this month.”</p><h2><b>End of a volatile month for equities</b></h2><h2></h2><p>Federal Reserve anxiety has made for a volatile January for equities. The S&P 500 is poised to end the month down 7% and 8% off its all-time high as traders adjust to the reality of a more aggressive central bank and a quicker pace of interest rate hikes than initially anticipated.</p><p>Stocks whipsawed last week after remarks from Jerome Powell following the Fed’s two-day policy-setting meeting that strongly signaled a liftoff on interest rates to above their current near-zero levels was likely to come in March as policymakers look to tighten financial conditions amid a backdrop of surging inflation.</p><p>“Anytime the Fed is going from really easy to starting to tighten, there’s always uncertainty, but this has been a stomach-churning week,” Wells Fargo Investment Institute senior global equity strategist Scott Wren told Yahoo Finance Live, adding that every day has been a battle of the 200-day moving average in the S&P 500.</p><p>Powell, taking on his most hawkish tone yet, prompted even big Fed watchers to sharply ramp up and revise their calls on rate hikes: Bank of America unveiled one of the most aggressive predictions on the Street, outlining expectations for seven increases this year, while JPMorgan upwardly revised its outlook from four to five hikes. On Saturday, Goldman Sachs revised its interest rate hike expectation to five times from four this year.</p><p>Charles Schwab chief fixed income strategist Kathy Jones told Yahoo Finance Live, however, that it is “premature” to talk about much more than three until the Fed offers more clarity around how it will use its balance sheet to tighten policy.</p><p>“Some of the estimates are just well ahead of reality at this stage of the game,” she said.</p><p>As investors buckle up for swing after swing, TKer’s Sam Ro points out that “gut-wrenching sell-offs are normal:” the S&P 500 sees three sell-offs of 5% or greater in an average year, with the maximum average annual drawdown — or biggest intra-year sell-off — at 14%, making even the sharpest of gyrations in benchmarks in recent weeks “very much within the realm of average."</p><h2>Economic calendar</h2><ul><li><p><b>Monday: </b>MNI Chicago PMI, January (61.8 expected, 63.1 prior, upwardly revised to 64.3); Dallas Fed Manf. Activity, January (8.5 expected, 8.1 prior)</p></li><li><p><b>Tuesday: </b><a href=\"https://laohu8.com/S/MRKT\">Markit</a> US Manufacturing PMI, January final (55.0 expected, 55.0 prior); Construction Spending, month over month, December (0.6% expected, 0.4% during prior month); ISM New Orders, January (60.4% prior month, upwardly revised to 61.0%); ISM Manufacturing, January (57.5 expected, 58.7 during prior month, upwardly revised to 58.8); ISM Employment, January (54.2 prior month, downwardly revised to 53.9); ISM Prices Paid, January (67.0 expected, 68.2 prior month); JOLTS job openings, December (10.3 million prior month); WARDS Total Vehicle Sales, January (12.7 million expected, 12.44 million prior month)</p></li><li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended Jan. 28 (-7.1% during prior week); ADP Employment Change, January (200,000 expected, 807,000 prior month)</p></li><li><p><b>Thursday: </b>Challenger Job Cuts, year over year, January (-75.3% prior); Unit Labor Costs, fourth quarter preliminary (1.0% expected, 9.6% during prior quarter); Nonfarm Productivity, fourth quarter preliminary (3.2% expected, -5.2% expected); Initial Jobless Claims, week ended Jan. 29 (250,000 expected, 260,000 during prior week); Continuing Claims, week ended Jan. 22 (1.6 million expected, 1.675 million during prior week); Markit US Services PMI, January final (50.9 expected, 50.9 prior month); Markit US Composite PMI, January final (50.8 expected, 50.8 prior month); ISM Services Index, January (59.0 expected, 62.0 prior); Durable Goods Orders, December final (-0.9% prior); Factory Orders Excluding Transportation, December (0.8% final) Durable Goods Excluding Transportation, December final (0.4% prior); Capital Goods Orders Nondefense Excluding Aircrafts, December final (0.0%); Capital Goods Shipments Nondefense Excluding Aircrafts, December final (1.3%)</p></li><li><p><b>Friday: </b>Revisions – Employment Report, Establishment Survey; <a href=\"https://laohu8.com/S/TWOA.U\">Two</a>-Month Payroll Net Revision, January (141,000 prior); Change in Private Payrolls, January (150,000 expected, 211,000 prior month); Change in Manufacturing Payrolls, January (20,000 expected, 27,000 prior month); Unemployment Rate, January (3.9% expected, 3.9% prior); Average Hourly Earnings, month over month, January (0.5% expected, 0.6% prior month); Average Hourly Earnings, year over year, January (5.2% expected, 4.7% prior month); Average Weekly Hours All Employees, January (34.7 expected, 34.7 prior month); Labor Force Participation Rate, January (61.9% expected, 61.9% prior month); Underemployment Rate, January (7.3% prior month)</p></li></ul><h2>Earnings calendar</h2><h2></h2><ul><li><p><b>Monday: </b>Otis WorldWide (OTIS) before market open, NXP Semiconductors (NXPI) after market close, Cirrus Logic (CRUS) at market close</p></li><li><p><b>Tuesday: </b>UPS (UPS) before market open, Sirius XM (SIRI) before market open, Alphabet (GOOG) after market close, General Motors (GM) at market close, Starbucks (SBUX) after market close, <a href=\"https://laohu8.com/S/AMD\">AMD</a> (AMD) after market close, <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings (PYPL) after market close, Match Group (MTCH) after market close and Electronic Arts (EA) after market close, Gilead (GILD) after market close</p></li><li><p><b>Wednesday:</b> AmerisourceBergen (ABC) before market open, AbbVie (ABBV) before market open, Humana (HUM), ThermoFisher Scientific (TMO), Marathon Petroleum (MPC) before market open, T-Mobile (TMUS) after market close, Qualcomm (QCOM) after market open, Meta Platforms (FB) after market close, Boston Scientific (BSX) after market close</p></li><li><p><b>Thursday:</b> Merck (MRK) before market open, Eli Lilly & Co. (LLY) before market open, HoneyWell (HON) before market open, Estee Lauder (EL) before market open, Cardinal Health (CAH) before market open, Shell plc (RDS-b) before market open, Cigna (CI) before market open, Amazon (AMZN) before market open, Ford (F) before market open, Snap (SNAP) before market open, Pinterest (PINS) before market open, Activation Blizzard (ATVI) before market open, Skechers (SKX) before market open, <a href=\"https://laohu8.com/S/GPRO\">GoPro</a> (GPRO) before market open, Fortinet (FTNT) before market open, News Corp. (NWSA) before market open, Unity Software (U) before market open</p></li><li><p><b>Friday:</b> Wynn Resorts (WYNN), Bristol-Myers (BMY) before market open, Regeneron (REGN) before market open, Aon (AON) before market open, Royal Caribbean Cruises (RCL), Eaton (ETN), CBOE Global Markets (CBOE)</p></li></ul></body></html>","source":"yahoofinance_au","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>Amazon, Facebook, and Alphabet Earnings, Jobs Report: What to Know This Week</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\">\nAmazon, Facebook, and Alphabet Earnings, Jobs Report: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-31 07:11 GMT+8 <a href=https://finance.yahoo.com/news/amazon-facebook-and-alphabet-earnings-jobs-report-what-to-know-this-week-174806259.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The wild ride in markets is likely to power on this week, with investors in store for a slew of big earnings and fresh reads on key unemployment data out of Washington, including the ever-important ...</p>\n\n<a href=\"https://finance.yahoo.com/news/amazon-facebook-and-alphabet-earnings-jobs-report-what-to-know-this-week-174806259.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"METV":"Roundhill Ball Metaverse ETF","AMZN":"亚马逊","SPY.AU":"SPDR® S&P 500® ETF Trust","META":"Meta Platforms, Inc."},"source_url":"https://finance.yahoo.com/news/amazon-facebook-and-alphabet-earnings-jobs-report-what-to-know-this-week-174806259.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2207800554","content_text":"The wild ride in markets is likely to power on this week, with investors in store for a slew of big earnings and fresh reads on key unemployment data out of Washington, including the ever-important monthly jobs report.Monday kicks off a pivotal week in the earnings season, with more than 100 companies in the S&P 500 set to report fourth quarter results through Friday. Most notably, investors will tune in to presentations from Amazon (AMZN), Facebook now Meta Platforms (FB), and Alphabet (GOOG, GOOGL), three of the five corporate heavyweights that account for about one-quarter of the benchmark’s total market capitalization.Amazon is scheduled to report figures for the last three months of 2021 after the bell on Thursday. Analysts expect adjusted earnings per share of $3.89 on revenue of $137.87 billion. With the stock down 15.5% year-to-date as of Friday’s close, a look at fourth quarter performance could be a make-or-break moment for the e-commerce giant as markets reassess tech valuations.Facebook, known now by its rebrand to Meta Platforms, has also been under pressure in recent weeks amid the broader sell-off in technology stocks. Investors are likely to get more details about the company’s progress on its Oculus virtual reality headset when it reports on Tuesday, which stock watchers expect could give the social media platform a needed boost. Facebook is projected to report earnings of $3.83 per share, on revenue of $33.44 billion, according to Bloomberg consensus estimates.Results from Alphabet, due out Tuesday, are expected to show adjusted earnings per share of $27.45 on revenue of $59.38 billion. Also bearing the brunt of the tech rout, shares of Alphabet are down 8% year-to-date. Stock watchers will tune in for a gauge on the momentum of its cloud platform, a component that has contributed greatly to the company’s growth and could help the stock see a rebound.On the economic front, employment data will be in the spotlight this week. The Department of Labor’s monthly jobs report due for release on Friday will offer an updated look at the strength of hiring and labor force participation — important measures of the U.S. economy, made even more consequential in recent weeks as the impact of the latest Omicron-driven wave begins to appear in the latest surveys. Economists expect private employers added 150,000 jobs in January, lower than the previous month. The unemployment rate is expected to remain unchanged from December at 3.9%, according to Bloomberg consensus estimates.Even as Omicron’s spread may be slowing, payrolls are likely to be a bit slower to respond to falling COVID-19 cases than the real-time activity data, according to Pantheon Macroeconomics Chief Economist Ian Shepherdson.“The surge in COVID cases has created new headwinds for the economy even as tailwinds, including the federal government’s fiscal boosts, are waning,” Bankrate senior economic analyst Mark Hamrick said in a note.“The detrimental combination of supply chain constraints and the shortage, or lack of availability, of workers amid the Omicron surge is weighing on the nation’s economic recovery,” adding that under the circumstances, “it is hard to make the case for a huge acceleration in hiring this month.”End of a volatile month for equitiesFederal Reserve anxiety has made for a volatile January for equities. The S&P 500 is poised to end the month down 7% and 8% off its all-time high as traders adjust to the reality of a more aggressive central bank and a quicker pace of interest rate hikes than initially anticipated.Stocks whipsawed last week after remarks from Jerome Powell following the Fed’s two-day policy-setting meeting that strongly signaled a liftoff on interest rates to above their current near-zero levels was likely to come in March as policymakers look to tighten financial conditions amid a backdrop of surging inflation.“Anytime the Fed is going from really easy to starting to tighten, there’s always uncertainty, but this has been a stomach-churning week,” Wells Fargo Investment Institute senior global equity strategist Scott Wren told Yahoo Finance Live, adding that every day has been a battle of the 200-day moving average in the S&P 500.Powell, taking on his most hawkish tone yet, prompted even big Fed watchers to sharply ramp up and revise their calls on rate hikes: Bank of America unveiled one of the most aggressive predictions on the Street, outlining expectations for seven increases this year, while JPMorgan upwardly revised its outlook from four to five hikes. On Saturday, Goldman Sachs revised its interest rate hike expectation to five times from four this year.Charles Schwab chief fixed income strategist Kathy Jones told Yahoo Finance Live, however, that it is “premature” to talk about much more than three until the Fed offers more clarity around how it will use its balance sheet to tighten policy.“Some of the estimates are just well ahead of reality at this stage of the game,” she said.As investors buckle up for swing after swing, TKer’s Sam Ro points out that “gut-wrenching sell-offs are normal:” the S&P 500 sees three sell-offs of 5% or greater in an average year, with the maximum average annual drawdown — or biggest intra-year sell-off — at 14%, making even the sharpest of gyrations in benchmarks in recent weeks “very much within the realm of average.\"Economic calendarMonday: MNI Chicago PMI, January (61.8 expected, 63.1 prior, upwardly revised to 64.3); Dallas Fed Manf. Activity, January (8.5 expected, 8.1 prior)Tuesday: Markit US Manufacturing PMI, January final (55.0 expected, 55.0 prior); Construction Spending, month over month, December (0.6% expected, 0.4% during prior month); ISM New Orders, January (60.4% prior month, upwardly revised to 61.0%); ISM Manufacturing, January (57.5 expected, 58.7 during prior month, upwardly revised to 58.8); ISM Employment, January (54.2 prior month, downwardly revised to 53.9); ISM Prices Paid, January (67.0 expected, 68.2 prior month); JOLTS job openings, December (10.3 million prior month); WARDS Total Vehicle Sales, January (12.7 million expected, 12.44 million prior month)Wednesday: MBA Mortgage Applications, week ended Jan. 28 (-7.1% during prior week); ADP Employment Change, January (200,000 expected, 807,000 prior month)Thursday: Challenger Job Cuts, year over year, January (-75.3% prior); Unit Labor Costs, fourth quarter preliminary (1.0% expected, 9.6% during prior quarter); Nonfarm Productivity, fourth quarter preliminary (3.2% expected, -5.2% expected); Initial Jobless Claims, week ended Jan. 29 (250,000 expected, 260,000 during prior week); Continuing Claims, week ended Jan. 22 (1.6 million expected, 1.675 million during prior week); Markit US Services PMI, January final (50.9 expected, 50.9 prior month); Markit US Composite PMI, January final (50.8 expected, 50.8 prior month); ISM Services Index, January (59.0 expected, 62.0 prior); Durable Goods Orders, December final (-0.9% prior); Factory Orders Excluding Transportation, December (0.8% final) Durable Goods Excluding Transportation, December final (0.4% prior); Capital Goods Orders Nondefense Excluding Aircrafts, December final (0.0%); Capital Goods Shipments Nondefense Excluding Aircrafts, December final (1.3%)Friday: Revisions – Employment Report, Establishment Survey; Two-Month Payroll Net Revision, January (141,000 prior); Change in Private Payrolls, January (150,000 expected, 211,000 prior month); Change in Manufacturing Payrolls, January (20,000 expected, 27,000 prior month); Unemployment Rate, January (3.9% expected, 3.9% prior); Average Hourly Earnings, month over month, January (0.5% expected, 0.6% prior month); Average Hourly Earnings, year over year, January (5.2% expected, 4.7% prior month); Average Weekly Hours All Employees, January (34.7 expected, 34.7 prior month); Labor Force Participation Rate, January (61.9% expected, 61.9% prior month); Underemployment Rate, January (7.3% prior month)Earnings calendarMonday: Otis WorldWide (OTIS) before market open, NXP Semiconductors (NXPI) after market close, Cirrus Logic (CRUS) at market closeTuesday: UPS (UPS) before market open, Sirius XM (SIRI) before market open, Alphabet (GOOG) after market close, General Motors (GM) at market close, Starbucks (SBUX) after market close, AMD (AMD) after market close, PayPal Holdings (PYPL) after market close, Match Group (MTCH) after market close and Electronic Arts (EA) after market close, Gilead (GILD) after market closeWednesday: AmerisourceBergen (ABC) before market open, AbbVie (ABBV) before market open, Humana (HUM), ThermoFisher Scientific (TMO), Marathon Petroleum (MPC) before market open, T-Mobile (TMUS) after market close, Qualcomm (QCOM) after market open, Meta Platforms (FB) after market close, Boston Scientific (BSX) after market closeThursday: Merck (MRK) before market open, Eli Lilly & Co. (LLY) before market open, HoneyWell (HON) before market open, Estee Lauder (EL) before market open, Cardinal Health (CAH) before market open, Shell plc (RDS-b) before market open, Cigna (CI) before market open, Amazon (AMZN) before market open, Ford (F) before market open, Snap (SNAP) before market open, Pinterest (PINS) before market open, Activation Blizzard (ATVI) before market open, Skechers (SKX) before market open, GoPro (GPRO) before market open, Fortinet (FTNT) before market open, News Corp. (NWSA) before market open, Unity Software (U) before market openFriday: Wynn Resorts (WYNN), Bristol-Myers (BMY) before market open, Regeneron (REGN) before market open, Aon (AON) before market open, Royal Caribbean Cruises (RCL), Eaton (ETN), CBOE Global Markets (CBOE)","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}