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10-23

Class action lawsuit?

BlackRock Revises Stake in PDD Holdings as 33M Shares, Instead of 132M+ Shares

04-05

Seems like bad news?

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03-07

All in $NVDA

02-01

Interest rate cuttttt

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02-01

Likely will be in June

Sorry, the original content has been removed

01-04

BTC ETF to be rejected

Go to Tiger App to see more news

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action lawsuit?","listText":"Class action lawsuit?","text":"Class action lawsuit?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363119523442936","repostId":"1198983283","repostType":2,"repost":{"id":"1198983283","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1729672068,"share":"https://ttm.financial/m/news/1198983283?lang=&edition=fundamental","pubTime":"2024-10-23 16:27","market":"us","language":"en","title":"BlackRock Revises Stake in PDD Holdings as 33M Shares, Instead of 132M+ Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1198983283","media":"Tiger Newspress","summary":"BlackRock radically revised down its holdings in the Chinese e-commerce 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Pinduoduo&#39;s share price rallied 8.3% at one point yesterday, and closed up 2.9% at US$128.51.</p><p>PDD Holdings shares gained 1.4% in premarket trading Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ef08d8e530b71b97a175ad60f84eb4e8\" tg-width=\"542\" tg-height=\"160\"/></p><p></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>BlackRock Revises Stake in PDD Holdings as 33M Shares, Instead of 132M+ Shares</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\">\nBlackRock Revises Stake in PDD Holdings as 33M Shares, Instead of 132M+ Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-10-23 16:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>BlackRock radically revised down its holdings in the Chinese e-commerce company, Pinduoduo as of 3Q24, from 132 million shares disclosed on Monday (21st) to 33.01 million shares revised on Tuesday (22nd), and the percentage of shares in Pinduoduo was revised from 9.5% to 2.4%, according to a US Securities and Exchange Commission (SEC) filing.<br/><br/>BlackRock trimmed its holdings in Pinduoduo to 29 million shares in 2Q24, representing a 2.1% stake. Pinduoduo&#39;s share price rallied 8.3% at one point yesterday, and closed up 2.9% at US$128.51.</p><p>PDD Holdings shares gained 1.4% in premarket trading Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ef08d8e530b71b97a175ad60f84eb4e8\" tg-width=\"542\" tg-height=\"160\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198983283","content_text":"BlackRock radically revised down its holdings in the Chinese e-commerce company, Pinduoduo as of 3Q24, from 132 million shares disclosed on Monday (21st) to 33.01 million shares revised on Tuesday (22nd), and the percentage of shares in Pinduoduo was revised from 9.5% to 2.4%, according to a US Securities and Exchange Commission (SEC) filing.BlackRock trimmed its holdings in Pinduoduo to 29 million shares in 2Q24, representing a 2.1% stake. Pinduoduo's share price rallied 8.3% at one point yesterday, and closed up 2.9% at US$128.51.PDD Holdings shares gained 1.4% in premarket trading Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":292022779785400,"gmtCreate":1712320670468,"gmtModify":1712320674003,"author":{"id":"4152407775893162","authorId":"4152407775893162","name":"Tyler27","avatar":"https://community-static.tradeup.com/news/badfb4eb8dfba266c38568f28d2234e0","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4152407775893162","idStr":"4152407775893162"},"themes":[],"htmlText":"Seems like bad news?","listText":"Seems like bad news?","text":"Seems like bad 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application"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":292022779785400,"gmtCreate":1712320670468,"gmtModify":1712320674003,"author":{"id":"4152407775893162","authorId":"4152407775893162","name":"Tyler27","avatar":"https://community-static.tradeup.com/news/badfb4eb8dfba266c38568f28d2234e0","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4152407775893162","authorIdStr":"4152407775893162"},"themes":[],"htmlText":"Seems like bad news?","listText":"Seems like bad news?","text":"Seems like bad news?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/292022779785400","repostId":"1166331969","repostType":4,"repost":{"id":"1166331969","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger 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style=\"text-align: start;\">The unemployment rate edged lower to 3.8%, as expected.</p><p style=\"text-align: start;\">In the key average hourly earnings measure, wages rose 0.3% for the month and 4.1% from a year ago, both in line with Wall Street estimates.</p><p style=\"text-align: start;\">Job growth came from many of the usual sectors that have powered gains in recent months. Health care led with 72,000, followed by government (71,000), leisure and hospitality (49,000) and construction (39,000). Retail trade contributed 18,000 while the “other services” category added 16,000.</p><p style=\"text-align: start;\">Markets have been keeping close watch over the employment data particularly as the Federal Reserve weighs its next moves on monetary policy. Stocks have tumbled this week amid concerns that a strong labor market and resilient economy could keep the central bank on hold for longer than expected.</p><p style=\"text-align: start;\">Stock market futures rose following the report while Treasury yields posted gains.</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>Job Growth Totaled 303,000 in March, Better Than Expected, and Unemployment Was 3.8%</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\">\nJob Growth Totaled 303,000 in March, Better Than Expected, and Unemployment Was 3.8%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-04-05 20:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market.</p><p style=\"text-align: start;\">Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for an increase of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau of Labor Statistics reported Friday.</p><p style=\"text-align: start;\">The unemployment rate edged lower to 3.8%, as expected.</p><p style=\"text-align: start;\">In the key average hourly earnings measure, wages rose 0.3% for the month and 4.1% from a year ago, both in line with Wall Street estimates.</p><p style=\"text-align: start;\">Job growth came from many of the usual sectors that have powered gains in recent months. Health care led with 72,000, followed by government (71,000), leisure and hospitality (49,000) and construction (39,000). Retail trade contributed 18,000 while the “other services” category added 16,000.</p><p style=\"text-align: start;\">Markets have been keeping close watch over the employment data particularly as the Federal Reserve weighs its next moves on monetary policy. Stocks have tumbled this week amid concerns that a strong labor market and resilient economy could keep the central bank on hold for longer than expected.</p><p style=\"text-align: start;\">Stock market futures rose following the report while Treasury yields posted gains.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166331969","content_text":"Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market.Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for an increase of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau of Labor Statistics reported Friday.The unemployment rate edged lower to 3.8%, as expected.In the key average hourly earnings measure, wages rose 0.3% for the month and 4.1% from a year ago, both in line with Wall Street estimates.Job growth came from many of the usual sectors that have powered gains in recent months. Health care led with 72,000, followed by government (71,000), leisure and hospitality (49,000) and construction (39,000). Retail trade contributed 18,000 while the “other services” category added 16,000.Markets have been keeping close watch over the employment data particularly as the Federal Reserve weighs its next moves on monetary policy. Stocks have tumbled this week amid concerns that a strong labor market and resilient economy could keep the central bank on hold for longer than expected.Stock market futures rose following the report while Treasury yields posted gains.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":269427269185632,"gmtCreate":1706794983084,"gmtModify":1706799292185,"author":{"id":"4152407775893162","authorId":"4152407775893162","name":"Tyler27","avatar":"https://community-static.tradeup.com/news/badfb4eb8dfba266c38568f28d2234e0","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4152407775893162","authorIdStr":"4152407775893162"},"themes":[],"htmlText":"Interest rate cuttttt","listText":"Interest rate cuttttt","text":"Interest rate cuttttt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269427269185632","repostId":"1195845954","repostType":2,"repost":{"id":"1195845954","kind":"news","pubTimestamp":1706794200,"share":"https://ttm.financial/m/news/1195845954?lang=&edition=fundamental","pubTime":"2024-02-01 21:30","market":"us","language":"en","title":"US Jobless Claims Rise to Two-Month High as Labor Market Cools","url":"https://stock-news.laohu8.com/highlight/detail?id=1195845954","media":"Bloomberg","summary":"US Initial Jobless Claims Actual 224k (Forecast 212k, Previous 214k)","content":"<html><head></head><body><ul style=\"\"><li><p>Initial applications unexpectedly jumped to 224,000 last week</p></li><li><p>California, New York and Oregon saw the largest gains</p></li></ul><p>Initial and recurring applications for US unemployment benefits both rose to a two-month high, suggesting some slowdown in the labor market.</p><p style=\"text-align: start;\">Initial claims increased by 9,000 to 224,000 in the week ending Jan. 27, according to Labor Department data released on Thursday. The median forecast in a Bloomberg survey of economists called for 212,000.</p><p style=\"text-align: start;\">Continuing claims, a proxy for the number of people receiving unemployment benefits, rose to 1.9 million in the week ending Jan. 20.</p><p style=\"text-align: start;\">The US labor market has defied economists forecasts over the last year despite elevated interest rates, but there are signs of cooling. Fewer people are quitting their jobs than at the peak of the pandemic recovery and recent high-profile job-cuts announcements from companies including United States Parcel Service Inc. may be early signs that unemployment will pick up in coming months.</p><p style=\"text-align: start;\">Weekly claims tend to be volatile. The four-week moving average, which helps smooth short-term fluctuations, increased to 207,750, marking the biggest increase since November.</p><p style=\"text-align: start;\">The unadjusted data on initial claims, which doesn’t take into account seasonal influences, rose by 11,000 to about 261,000. California, New York and Oregon saw the largest gains.</p><p>US-based employers announced plans to cut over 82,300 cuts in last month, more than double the December figure, according to a report earlier Thursday from Challenger, Gray &amp; Christmas. Meanwhile, hiring plans were the weakest on record for a January.</p><p>The low level of jobless claims data may not be a reliable indicator of what is happening in the labor market due to pandemic-related factors, according to Bloomberg Economics’ Anna Wong and Eliza Winger.</p><p style=\"text-align: start;\">There’s a historically low share of unemployed Americans applying for benefits due to a lack of eligibility and the fact that the weekly payouts have not kept up with the pace of inflation, which may cause more people to seek part-time jobs rather than apply for benefits, Wong and Winger wrote in a recent note.</p><p style=\"text-align: start;\">After Federal Reserve officials held interest rates steady on Wednesday, Chair Jerome Powell called the labor market “strong” in a press conference, adding “it’s getting back into balance, and that’s what we want to see.”</p><p style=\"text-align: start;\">The release of the government’s monthly jobs report Friday will provide further insights on the labor market. Economists forecast US employers added 185,000 jobs in January.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US Jobless Claims Rise to Two-Month High as Labor Market Cools</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\">\nUS Jobless Claims Rise to Two-Month High as Labor Market Cools\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-01 21:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-02-01/us-jobless-claims-rise-to-two-month-high-as-labor-market-cools><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Initial applications unexpectedly jumped to 224,000 last weekCalifornia, New York and Oregon saw the largest gainsInitial and recurring applications for US unemployment benefits both rose to a two-...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-02-01/us-jobless-claims-rise-to-two-month-high-as-labor-market-cools\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2024-02-01/us-jobless-claims-rise-to-two-month-high-as-labor-market-cools","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195845954","content_text":"Initial applications unexpectedly jumped to 224,000 last weekCalifornia, New York and Oregon saw the largest gainsInitial and recurring applications for US unemployment benefits both rose to a two-month high, suggesting some slowdown in the labor market.Initial claims increased by 9,000 to 224,000 in the week ending Jan. 27, according to Labor Department data released on Thursday. The median forecast in a Bloomberg survey of economists called for 212,000.Continuing claims, a proxy for the number of people receiving unemployment benefits, rose to 1.9 million in the week ending Jan. 20.The US labor market has defied economists forecasts over the last year despite elevated interest rates, but there are signs of cooling. Fewer people are quitting their jobs than at the peak of the pandemic recovery and recent high-profile job-cuts announcements from companies including United States Parcel Service Inc. may be early signs that unemployment will pick up in coming months.Weekly claims tend to be volatile. The four-week moving average, which helps smooth short-term fluctuations, increased to 207,750, marking the biggest increase since November.The unadjusted data on initial claims, which doesn’t take into account seasonal influences, rose by 11,000 to about 261,000. California, New York and Oregon saw the largest gains.US-based employers announced plans to cut over 82,300 cuts in last month, more than double the December figure, according to a report earlier Thursday from Challenger, Gray & Christmas. Meanwhile, hiring plans were the weakest on record for a January.The low level of jobless claims data may not be a reliable indicator of what is happening in the labor market due to pandemic-related factors, according to Bloomberg Economics’ Anna Wong and Eliza Winger.There’s a historically low share of unemployed Americans applying for benefits due to a lack of eligibility and the fact that the weekly payouts have not kept up with the pace of inflation, which may cause more people to seek part-time jobs rather than apply for benefits, Wong and Winger wrote in a recent note.After Federal Reserve officials held interest rates steady on Wednesday, Chair Jerome Powell called the labor market “strong” in a press conference, adding “it’s getting back into balance, and that’s what we want to see.”The release of the government’s monthly jobs report Friday will provide further insights on the labor market. Economists forecast US employers added 185,000 jobs in January.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":363119523442936,"gmtCreate":1729694842787,"gmtModify":1729694846436,"author":{"id":"4152407775893162","authorId":"4152407775893162","name":"Tyler27","avatar":"https://community-static.tradeup.com/news/badfb4eb8dfba266c38568f28d2234e0","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4152407775893162","authorIdStr":"4152407775893162"},"themes":[],"htmlText":"Class action lawsuit?","listText":"Class action lawsuit?","text":"Class action lawsuit?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/363119523442936","repostId":"1198983283","repostType":2,"repost":{"id":"1198983283","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1729672068,"share":"https://ttm.financial/m/news/1198983283?lang=&edition=fundamental","pubTime":"2024-10-23 16:27","market":"us","language":"en","title":"BlackRock Revises Stake in PDD Holdings as 33M Shares, Instead of 132M+ Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1198983283","media":"Tiger Newspress","summary":"BlackRock radically revised down its holdings in the Chinese e-commerce company, Pinduoduo as of 3Q24, from 132 million shares disclosed on Monday  to 33.01 million shares revised on Tuesday , and the percentage of shares in Pinduoduo was revised from 9.5% to 2.4%, according to a US Securities and Exchange Commission  filing.BlackRock trimmed its holdings in Pinduoduo to 29 million shares in 2Q24, representing a 2.1% stake. Pinduoduo's share price rallied 8.3% at one point yesterday, and closed ","content":"<html><head></head><body><p>BlackRock radically revised down its holdings in the Chinese e-commerce company, Pinduoduo as of 3Q24, from 132 million shares disclosed on Monday (21st) to 33.01 million shares revised on Tuesday (22nd), and the percentage of shares in Pinduoduo was revised from 9.5% to 2.4%, according to a US Securities and Exchange Commission (SEC) filing.<br/><br/>BlackRock trimmed its holdings in Pinduoduo to 29 million shares in 2Q24, representing a 2.1% stake. Pinduoduo&#39;s share price rallied 8.3% at one point yesterday, and closed up 2.9% at US$128.51.</p><p>PDD Holdings shares gained 1.4% in premarket trading Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ef08d8e530b71b97a175ad60f84eb4e8\" tg-width=\"542\" tg-height=\"160\"/></p><p></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>BlackRock Revises Stake in PDD Holdings as 33M Shares, Instead of 132M+ Shares</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\">\nBlackRock Revises Stake in PDD Holdings as 33M Shares, Instead of 132M+ Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-10-23 16:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>BlackRock radically revised down its holdings in the Chinese e-commerce company, Pinduoduo as of 3Q24, from 132 million shares disclosed on Monday (21st) to 33.01 million shares revised on Tuesday (22nd), and the percentage of shares in Pinduoduo was revised from 9.5% to 2.4%, according to a US Securities and Exchange Commission (SEC) filing.<br/><br/>BlackRock trimmed its holdings in Pinduoduo to 29 million shares in 2Q24, representing a 2.1% stake. Pinduoduo&#39;s share price rallied 8.3% at one point yesterday, and closed up 2.9% at US$128.51.</p><p>PDD Holdings shares gained 1.4% in premarket trading Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/ef08d8e530b71b97a175ad60f84eb4e8\" tg-width=\"542\" tg-height=\"160\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198983283","content_text":"BlackRock radically revised down its holdings in the Chinese e-commerce company, Pinduoduo as of 3Q24, from 132 million shares disclosed on Monday (21st) to 33.01 million shares revised on Tuesday (22nd), and the percentage of shares in Pinduoduo was revised from 9.5% to 2.4%, according to a US Securities and Exchange Commission (SEC) filing.BlackRock trimmed its holdings in Pinduoduo to 29 million shares in 2Q24, representing a 2.1% stake. Pinduoduo's share price rallied 8.3% at one point yesterday, and closed up 2.9% at US$128.51.PDD Holdings shares gained 1.4% in premarket trading Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":269205786058992,"gmtCreate":1706758733126,"gmtModify":1706765611803,"author":{"id":"4152407775893162","authorId":"4152407775893162","name":"Tyler27","avatar":"https://community-static.tradeup.com/news/badfb4eb8dfba266c38568f28d2234e0","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4152407775893162","authorIdStr":"4152407775893162"},"themes":[],"htmlText":"Likely will be in June","listText":"Likely will be in June","text":"Likely will be in June","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/269205786058992","repostId":"2408289512","repostType":2,"repost":{"id":"2408289512","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1706748965,"share":"https://ttm.financial/m/news/2408289512?lang=&edition=fundamental","pubTime":"2024-02-01 08:56","market":"us","language":"en","title":"Powell Says a March Rate Cut Is Not Likely. but Don't Overlook His Other Comments","url":"https://stock-news.laohu8.com/highlight/detail?id=2408289512","media":"Dow Jones","summary":"Federal Reserve Chair Jerome Powell used his press conference Wednesday to throw cold water on market expectations that the Fed would begin to cut interest rates in March.\"Based on the meeting today, I would tell you that I don't think it is likely that the committee will reach a level of confidence by the time of the March meeting to identify March as the time to do that, but that is to be seen,\" Powell said.\"So, I wouldn't call it...the most likely case, or what we would call the basecase,\" he","content":"<html><head></head><body><p>Federal Reserve Chair Jerome Powell used his press conference Wednesday to throw cold water on market expectations that the Fed would begin to cut interest rates in March.</p><p>&#34;Based on the meeting today, I would tell you that I don&#39;t think it is likely that the committee will reach a level of confidence by the time of the March meeting to identify March as the time to do that, but that is to be seen,&#34; Powell said.</p><p>&#34;So, I wouldn&#39;t call it...the most likely case, or what we would call the basecase,&#34; he added.</p><p>&#34;A March cut? Fuhggeddaboutdit!&#34; wrote Derek Holt, head of capital market economist at Scotiabank, in a note to clients.</p><p>Stocks SPX DJIA closed lower and the 10-year Treasury note yield BX:TMUBMUSD10Y fell below 4% after Powell&#39;s press conference.</p><p>Here are some other key takeaways from the Fed chairman&#39;s press conference:</p><h2 id=\"id_3957915574\">The Fed wants to see &#39;the whites of 2% inflation&#39;s eyes&#39;</h2><p>Bill Adams, chief economist for Comerica Bank, said the Fed was badly burned in late 2021 and 2022 when they thought high inflation would be transitory. They want to avoid making the same mistake here, he said.</p><p>&#34;The Fed will wait to pull the trigger on rate cuts until they see the whites of 2% inflation&#39;s eyes,&#34; Adams said.</p><p>The Fed is likely to start cutting in June, Adams said.</p><p>Powell wouldn&#39;t say how many months it will take, so the Fed will have more confidence to ease. &#34;I&#39;m not going to put a number on it,&#34; he said.</p><h2 id=\"id_3386870809\">Once the Fed starts cutting, it might be hard to stop</h2><p>Greg Daco, chief economist at EY, said Powell seemed to suggest that rate cuts will come every meeting once the easing cycle starts.</p><p>He noted that Powell said the first cut &#34;is a highly consequential decision to start the process of dialing back on restrictions. We want to get that right.&#34;</p><h2 id=\"id_4182368856\">Quantitative tightening may last longer than many expect</h2><p>Holt of Scotiabank noticed that Powell said the Fed would begin to mull changes to its ongoing program to shrink its balance sheet, known as quantitative tightening, in March. He said that the Fed was &#34;looking at a variety of things over the next year or so.&#34;</p><p>Holt said that might be a reference to &#34;the kind of timeline they have in mind for ending QT. That comment might imply rejection of a sudden ending of QT and a more compressed timeline.&#34;</p><p>Many economists think the QT will end sometime later this year.</p><h2 id=\"id_1037998758\">Fed wants more data on goods prices and rents before it&#39;s confident about inflation</h2><p>Omair Sharif, president of Inflation Insights, said Powell&#39;s comments suggest that Fed officials are worried that core goods prices might pick up after months of declines.</p><p>&#34;Core goods have been the main driver of the deceleration&#34; in core PCE and core CPI. &#34;It seems like the Fed isn&#39;t convinced that this will last,&#34; Sharif said.</p><p>&#34;Additionally, as I&#39;ve noted in recent months, I think the Fed would like to see a couple months of softer rent/owners equivalent rent data to feel more confident that shelter will start to more forcefully pull down core inflation in coming months,&#34; he said.</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>Powell Says a March Rate Cut Is Not Likely. but Don't Overlook His Other Comments</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\">\nPowell Says a March Rate Cut Is Not Likely. but Don't Overlook His Other Comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-02-01 08:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Federal Reserve Chair Jerome Powell used his press conference Wednesday to throw cold water on market expectations that the Fed would begin to cut interest rates in March.</p><p>&#34;Based on the meeting today, I would tell you that I don&#39;t think it is likely that the committee will reach a level of confidence by the time of the March meeting to identify March as the time to do that, but that is to be seen,&#34; Powell said.</p><p>&#34;So, I wouldn&#39;t call it...the most likely case, or what we would call the basecase,&#34; he added.</p><p>&#34;A March cut? Fuhggeddaboutdit!&#34; wrote Derek Holt, head of capital market economist at Scotiabank, in a note to clients.</p><p>Stocks SPX DJIA closed lower and the 10-year Treasury note yield BX:TMUBMUSD10Y fell below 4% after Powell&#39;s press conference.</p><p>Here are some other key takeaways from the Fed chairman&#39;s press conference:</p><h2 id=\"id_3957915574\">The Fed wants to see &#39;the whites of 2% inflation&#39;s eyes&#39;</h2><p>Bill Adams, chief economist for Comerica Bank, said the Fed was badly burned in late 2021 and 2022 when they thought high inflation would be transitory. They want to avoid making the same mistake here, he said.</p><p>&#34;The Fed will wait to pull the trigger on rate cuts until they see the whites of 2% inflation&#39;s eyes,&#34; Adams said.</p><p>The Fed is likely to start cutting in June, Adams said.</p><p>Powell wouldn&#39;t say how many months it will take, so the Fed will have more confidence to ease. &#34;I&#39;m not going to put a number on it,&#34; he said.</p><h2 id=\"id_3386870809\">Once the Fed starts cutting, it might be hard to stop</h2><p>Greg Daco, chief economist at EY, said Powell seemed to suggest that rate cuts will come every meeting once the easing cycle starts.</p><p>He noted that Powell said the first cut &#34;is a highly consequential decision to start the process of dialing back on restrictions. We want to get that right.&#34;</p><h2 id=\"id_4182368856\">Quantitative tightening may last longer than many expect</h2><p>Holt of Scotiabank noticed that Powell said the Fed would begin to mull changes to its ongoing program to shrink its balance sheet, known as quantitative tightening, in March. He said that the Fed was &#34;looking at a variety of things over the next year or so.&#34;</p><p>Holt said that might be a reference to &#34;the kind of timeline they have in mind for ending QT. That comment might imply rejection of a sudden ending of QT and a more compressed timeline.&#34;</p><p>Many economists think the QT will end sometime later this year.</p><h2 id=\"id_1037998758\">Fed wants more data on goods prices and rents before it&#39;s confident about inflation</h2><p>Omair Sharif, president of Inflation Insights, said Powell&#39;s comments suggest that Fed officials are worried that core goods prices might pick up after months of declines.</p><p>&#34;Core goods have been the main driver of the deceleration&#34; in core PCE and core CPI. &#34;It seems like the Fed isn&#39;t convinced that this will last,&#34; Sharif said.</p><p>&#34;Additionally, as I&#39;ve noted in recent months, I think the Fed would like to see a couple months of softer rent/owners equivalent rent data to feel more confident that shelter will start to more forcefully pull down core inflation in coming months,&#34; he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index","BK4096":"电气部件与设备"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2408289512","content_text":"Federal Reserve Chair Jerome Powell used his press conference Wednesday to throw cold water on market expectations that the Fed would begin to cut interest rates in March.\"Based on the meeting today, I would tell you that I don't think it is likely that the committee will reach a level of confidence by the time of the March meeting to identify March as the time to do that, but that is to be seen,\" Powell said.\"So, I wouldn't call it...the most likely case, or what we would call the basecase,\" he added.\"A March cut? Fuhggeddaboutdit!\" wrote Derek Holt, head of capital market economist at Scotiabank, in a note to clients.Stocks SPX DJIA closed lower and the 10-year Treasury note yield BX:TMUBMUSD10Y fell below 4% after Powell's press conference.Here are some other key takeaways from the Fed chairman's press conference:The Fed wants to see 'the whites of 2% inflation's eyes'Bill Adams, chief economist for Comerica Bank, said the Fed was badly burned in late 2021 and 2022 when they thought high inflation would be transitory. They want to avoid making the same mistake here, he said.\"The Fed will wait to pull the trigger on rate cuts until they see the whites of 2% inflation's eyes,\" Adams said.The Fed is likely to start cutting in June, Adams said.Powell wouldn't say how many months it will take, so the Fed will have more confidence to ease. \"I'm not going to put a number on it,\" he said.Once the Fed starts cutting, it might be hard to stopGreg Daco, chief economist at EY, said Powell seemed to suggest that rate cuts will come every meeting once the easing cycle starts.He noted that Powell said the first cut \"is a highly consequential decision to start the process of dialing back on restrictions. We want to get that right.\"Quantitative tightening may last longer than many expectHolt of Scotiabank noticed that Powell said the Fed would begin to mull changes to its ongoing program to shrink its balance sheet, known as quantitative tightening, in March. He said that the Fed was \"looking at a variety of things over the next year or so.\"Holt said that might be a reference to \"the kind of timeline they have in mind for ending QT. That comment might imply rejection of a sudden ending of QT and a more compressed timeline.\"Many economists think the QT will end sometime later this year.Fed wants more data on goods prices and rents before it's confident about inflationOmair Sharif, president of Inflation Insights, said Powell's comments suggest that Fed officials are worried that core goods prices might pick up after months of declines.\"Core goods have been the main driver of the deceleration\" in core PCE and core CPI. \"It seems like the Fed isn't convinced that this will last,\" Sharif said.\"Additionally, as I've noted in recent months, I think the Fed would like to see a couple months of softer rent/owners equivalent rent data to feel more confident that shelter will start to more forcefully pull down core inflation in coming months,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":281763632541704,"gmtCreate":1709818540502,"gmtModify":1709818900336,"author":{"id":"4152407775893162","authorId":"4152407775893162","name":"Tyler27","avatar":"https://community-static.tradeup.com/news/badfb4eb8dfba266c38568f28d2234e0","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4152407775893162","authorIdStr":"4152407775893162"},"themes":[],"htmlText":"All in $NVDA","listText":"All in $NVDA","text":"All in $NVDA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/281763632541704","isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}