Wall Street closes lower as virus spike hits travel stocks

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Wall Street closes lower as virus spike hits travel stocks

Reuters2021-04-21

Kansas City Southern surges on bid from Canadian National Boeing slides on CFO's shock retirement CBOE volatility index hits three-week high (Adds market close at 4 p.m.) By Herbert Lash NEW YORK, ...

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Comment（390）

Mattkhew
·2021-04-21
Stay at home to stay away from covid
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Ipodshuttle
·2021-04-21
Let’s go!
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ziggy
·2021-04-21
Stay home everyone
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Gigachad
·2021-04-21
Simmer down now covid ?
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2
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maplesk
·2021-04-21
?
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BC1970
·2021-04-21
Patient
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Mochizuki
·2021-04-21
LIkE n k0RmEnT pLEes ?
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3
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- Auteur:
  [Lovely]
  2021-04-22
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mcwood
·2021-04-21
[得意]
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ONGEE
·2021-04-21
Wow thanks for your update
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- KLS:
  Buy
  2021-04-21
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erichosk
·2021-04-21
India is exporting covid now.
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EzzyDibz
·2021-04-21
Like and comment please! Thanks!
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- Sinktel:
  oh yeah
  2021-04-21
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Moneyong
·2021-04-21
Please help to comment and like
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- EzzyDibz:
  Yes!
  2021-04-22
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- KLS:
  Buy
  2021-04-21
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- EzzyDibz:
  Cool!
  2021-04-21
  Reply
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Gogogolll
·2021-04-21
Like & comment ☺️! Thanks!
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1
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- Wallstrat:
  like and comment pls
  2021-04-21
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CJx05
·2021-04-21
Good
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- Wallstrat:
  like and comment pls
  2021-04-21
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- KY1:
  Yes
  2021-04-21
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- CJx05:
  Haha
  2021-04-21
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DesmondChin
·2021-04-21
Ya ya ya... Everyday got different stories, today up the market optimistic,the market down virus war etc....
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AhShui
·2021-04-21
Nice
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WealthLife
·2021-04-21
Like and comments
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- JAMKKT:
  Ok
  2021-04-21
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Jassss
·2021-04-21
Like and comment pls.
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- gorgonzola:
  done. pse do the same. cheers
  2021-04-21
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- Jassss:
  Sure
  2021-04-21
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bjorn
·2021-04-21
unlucky
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Soo5519
·2021-04-21
Please like and comment
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- Soo5519:
  Haha like pls
  2021-04-22
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- Jassss:
  Ok
  2021-04-21
  Reply
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- lyly24:
  comment back pls
  2021-04-21
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Pacific.\nBoeing Co slid on the unexpected departure of its finance chief, the latest shock to hit the planemaker as it fights to recover from the pandemic and 737 MAX crisis.\nInvestors piled into defensive sectors considered relatively safe during times of economic uncertainty, lifting real estate , utilities, consumer staples and healthcare as financials and energy shares fell hard.\nShares of airline operators and cruiseliners including JetBlue Airways, American Airlines, Norwegian Cruise Line and Carnival Corp, which were hammered last year during lockdowns but have climbed recently on the reopening hopes, fell around 5%.\nSome of the recent optimism about the leisure industry has waned as the reopening might take a bit longer than initially thought, said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles.\n\"We're not out of the woods yet when it comes to the COVID virus and getting to where global economies are reopening,\" he said. \"Some of that enthusiasm has diminished.\"\nA leading epidemiologist at the World Health Organization said on Monday the latest rise in COVID-19 infections worldwide reflected increases among all age groups.\nWall Street scaled record highs last week as investors bet on stocks such as industrials and miners that are seen as benefiting from the economic rebound, while highly valued technology stocks regained favor after a retreat in bond yields.\nUnofficially, the Dow Jones Industrial Average fell 0.75% to end at 33,820.51 points, while the S&P 500 lost 0.68% to 4,134.96.\nThe Nasdaq Composite dropped 0.92% to 13,786.27.\nThe CBOE volatility index, known as Wall Street's fear gauge, climbed above 19 points for the first time since March 31, but closed a bit below that.\nJPMorgan Chase & Co, $Bank of America Corp(BAC-N)$, $Citigroup Inc(C-N)$ and Wells Fargo & Co led financials lower as analysts reassessed their earnings reports, said Dick Bove, senior research analyst at Odeon Capital Group.\nAccounting changes on how to report loan reserves skewered numbers when compared to a year ago, he said.\n\"People made the assumption this was a gangbusters quarter for the banking industry when that's far from the truth,\" Bove said, adding second-half profits are expected to be very strong.\nUnited Airlines Holdings Inc was the largest decliner on the S&P 500 after reporting a bigger-than-expected adjusted net loss to push the S&P 1500 airline index down.\nShares of video-streaming service provider Netflix Inc , which thrived during last year's lockdowns, fell ahead of its results due after the closing bell.\nInternational Business Machines Corp rose after recording the biggest increase in quarterly sales in more than two years.\nAnalysts expect first-quarter earnings from S&P 500 firms to jump 31.5% from a year earlier, according to Refinitiv IBES data. \n(Reporting by Shivani Kumaresan and Medha Singh in Bengaluru; Editing by Sriraj Kalluvila, Anil D'Silva and Arun Koyyur and Richard Chang)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":378979945,"gmtCreate":1618995478487,"gmtModify":1704718030052,"author":{"id":"3581671302451376","authorId":"3581671302451376","name":"Mattkhew","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581671302451376","authorIdStr":"3581671302451376"},"htmlText":"Stay at home to stay away from covid&nbsp;","listText":"Stay at home to stay away from covid&nbsp;","text":"Stay at home to stay away from 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n k0RmEnT pLEes ?","listText":"LIkE n k0RmEnT pLEes ?","text":"LIkE n k0RmEnT pLEes 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thanks for your update&nbsp;","listText":"Wow thanks for your update&nbsp;","text":"Wow thanks for your update","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/378992222","repostId":2129289138,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4091291,"gmtCreate":1618988202708,"gmtModify":1680784936476,"authorId":3551655093075927,"author":{"id":3551655093075927,"idStr":"3551655093075927","authorId":3551655093075927,"name":"KLS","avatar":"https://static.tigerbbs.com/60fe00969bbce4cfecf0d17a38c77628","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":378992222,"type":1,"supId":0,"prevId":0,"content":"<u>Buy</u>","text":"<u>Buy</u>","html":"<u>Buy</u>"}],"langContent":"EN"},{"id":378996082,"gmtCreate":1618987972746,"gmtModify":1704717922405,"author":{"id":"3575433293784452","authorId":"3575433293784452","name":"erichosk","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":1,"crmLevelSwitch":0,"idStr":"3575433293784452","authorIdStr":"3575433293784452"},"htmlText":"India 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