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GerwynLee

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- GerwynLeeGerwynLee
  ·2021-06-17
  Fundamentals are changing
  Nokia accelerates Telenor and Telia joint 5G network rollout in Denmark
  Press Release Nokia accelerates Telenor and Telia joint 5G network rollout in Denmark Nokia to acce
  Nokia accelerates Telenor and Telia joint 5G network rollout in Denmark
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- GerwynLeeGerwynLee
  ·2021-06-17
  Next month will be interesting.
  Fed, alert to risks of higher inflation, now sees two interest rate hikes in 2023
  Central bank breaks the ice and discusses tapering asset purchases. Alert to the risks that inflati
  Fed, alert to risks of higher inflation, now sees two interest rate hikes in 2023
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- GerwynLeeGerwynLee
  ·2021-05-02
  FUD market
  Stocks Decline Amid Earnings, Economic Reports: Markets Wrap
  Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing
  Stocks Decline Amid Earnings, Economic Reports: Markets Wrap
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- GerwynLeeGerwynLee
  ·2021-04-27
  $Bionano Genomics(BNGO)$Super bullish
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- GerwynLeeGerwynLee
  ·2021-04-23
  Temporary dip, focusing on covid pandemic will hhelp
  U.S. stocks drop on news of Biden tax proposals
  AT&T rises on strong quarterly resultsU.S. weekly jobless claims decline furtherIndexes down: Dow 0.
  U.S. stocks drop on news of Biden tax proposals
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are changing","listText":"Fundamentals are changing","text":"Fundamentals are changing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161628203","repostId":"2144710563","repostType":4,"repost":{"id":"2144710563","pubTimestamp":1623916800,"share":"https://ttm.financial/m/news/2144710563?lang=&edition=fundamental","pubTime":"2021-06-17 16:00","market":"us","language":"en","title":"Nokia accelerates Telenor and Telia joint 5G network rollout in Denmark","url":"https://stock-news.laohu8.com/highlight/detail?id=2144710563","media":"StreetInsider","summary":"Press Release\nNokia accelerates Telenor and Telia joint 5G network rollout in Denmark\n\nNokia to acce","content":"<p><b>Press Release</b></p>\n<p><b>Nokia accelerates Telenor and Telia joint 5G network rollout in Denmark</b></p>\n<ul>\n <li>Nokia to accelerate rollout following the availability of 3.5GHz spectrum; the enhanced services will offer premium 5G speeds to customers</li>\n <li>The move builds upon Nokia’s long-standing partnership with TTN as lead supplier of 5G RAN Radio</li>\n</ul>\n<p>17 June 2021</p>\n<p><b>Espoo, Finland – Nokia continues to build upon its ongoing business with leading Danish mobile operators, Telenor and Telia via their joint network (TTN) accelerating the delivery of 5G services nationwide following the availability of 3.5 GHz spectrum. Nokia is the exclusive supplier of 5G RAN and will support the modernization of the shared network ensuring TTN’s three million customers have the best connectivity experiences. The availability of spectrum in the 3.5GHz band will offer incredibly fast 5G speeds to customers. </b></p>\n<p>The modernization deal will focus initially on Denmark’s four largest cities before expanding to cover most Danish customers during 2022. It will see Nokia provide its ReefShark SoC (System on Chip) based AirScale 5G RAN portfolio including 5G Massive MIMO antennas to deliver enhanced ultra-fast, low-latency, and high capacity mobile broadband services to both TTN’s consumer and enterprise customers.</p>\n<p>The deal will see Nokia continue its partnership with both companies and the operation of the joint network, which first started in 2012. Nokia together with Telenor and Telia was the first to test 5G in Denmark and among the first to activate 5G on a shared network.</p>\n<p>TTN is Denmark's largest mobile network with more than 4,300 sites. The merger between the two networks first began in 2012 with both companies each owning 50 percent of the network. It provides customers with better coverage, capacity, and quality, as well as reducing the companies' overall CO2 footprint.</p>\n<p><b>Thomas Kjærsgaard, CEO of Telia Denmark, commented:</b> “The 5G network supports the increasing need for data and advanced communication solutions in Denmark. With the modernization of the network, we are making a significant investment in and upgrade of the vital Danish telecoms infrastructure. A strong network is the foundation for our continued work to support the digitalization of Denmark, the development of our economy, innovation, and sustainable solutions for the future.\"</p>\n<p><b>Lars Thomsen, CEO of Telenor Denmark, said:</b> “As with everything else we do, our rollout is based on how we create the most real value for our customers. With our nationwide network rollout, Danes will experience higher speeds and better coverage in both urban and peri-urban areas. Specifically, the 5G upgrades will mean twice the speeds in densely populated areas and significant improvements across the country.\"</p>\n<p><b>Tommi Uitto, President of Mobile Networks at Nokia, commented: </b>“Nokia has a long-standing and collaborative partnership with TTN - Telenor and Telia’s joint venture. Together we have delivered many technology ‘firsts’, which highlights our shared commitment to providing word-class connectivity, including the TTN 5G pilot in Denmark which was the first network to simultaneously support 2G-5G sharing. I look forward to continuing to work closely with Telenor and Telia and support their ambition to promote digitalization in Danish society and deliver new exciting solutions to its consumer, enterprise, and Industry 4.0 customers.”</p>\n<p><b>Resources: </b></p>\n<p>Webpage: Nokia AirScale</p>\n<p>Webpage: Nokia 5G RAN</p>\n<p><b>About Nokia</b>We create technology that helps the world act together.</p>\n<p>As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.</p>\n<p>Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.</p>\n<p><b>Media Inquiries:</b>Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com</p>","source":"highlight_streetinsider","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>Nokia accelerates Telenor and Telia joint 5G network rollout in Denmark</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\">\nNokia accelerates Telenor and Telia joint 5G network rollout in Denmark\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18570512><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Press Release\nNokia accelerates Telenor and Telia joint 5G network rollout in Denmark\n\nNokia to accelerate rollout following the availability of 3.5GHz spectrum; the enhanced services will offer ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18570512\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NOK":"诺基亚"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18570512","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144710563","content_text":"Press Release\nNokia accelerates Telenor and Telia joint 5G network rollout in Denmark\n\nNokia to accelerate rollout following the availability of 3.5GHz spectrum; the enhanced services will offer premium 5G speeds to customers\nThe move builds upon Nokia’s long-standing partnership with TTN as lead supplier of 5G RAN Radio\n\n17 June 2021\nEspoo, Finland – Nokia continues to build upon its ongoing business with leading Danish mobile operators, Telenor and Telia via their joint network (TTN) accelerating the delivery of 5G services nationwide following the availability of 3.5 GHz spectrum. Nokia is the exclusive supplier of 5G RAN and will support the modernization of the shared network ensuring TTN’s three million customers have the best connectivity experiences. The availability of spectrum in the 3.5GHz band will offer incredibly fast 5G speeds to customers. \nThe modernization deal will focus initially on Denmark’s four largest cities before expanding to cover most Danish customers during 2022. It will see Nokia provide its ReefShark SoC (System on Chip) based AirScale 5G RAN portfolio including 5G Massive MIMO antennas to deliver enhanced ultra-fast, low-latency, and high capacity mobile broadband services to both TTN’s consumer and enterprise customers.\nThe deal will see Nokia continue its partnership with both companies and the operation of the joint network, which first started in 2012. Nokia together with Telenor and Telia was the first to test 5G in Denmark and among the first to activate 5G on a shared network.\nTTN is Denmark's largest mobile network with more than 4,300 sites. The merger between the two networks first began in 2012 with both companies each owning 50 percent of the network. It provides customers with better coverage, capacity, and quality, as well as reducing the companies' overall CO2 footprint.\nThomas Kjærsgaard, CEO of Telia Denmark, commented: “The 5G network supports the increasing need for data and advanced communication solutions in Denmark. With the modernization of the network, we are making a significant investment in and upgrade of the vital Danish telecoms infrastructure. A strong network is the foundation for our continued work to support the digitalization of Denmark, the development of our economy, innovation, and sustainable solutions for the future.\"\nLars Thomsen, CEO of Telenor Denmark, said: “As with everything else we do, our rollout is based on how we create the most real value for our customers. With our nationwide network rollout, Danes will experience higher speeds and better coverage in both urban and peri-urban areas. Specifically, the 5G upgrades will mean twice the speeds in densely populated areas and significant improvements across the country.\"\nTommi Uitto, President of Mobile Networks at Nokia, commented: “Nokia has a long-standing and collaborative partnership with TTN - Telenor and Telia’s joint venture. Together we have delivered many technology ‘firsts’, which highlights our shared commitment to providing word-class connectivity, including the TTN 5G pilot in Denmark which was the first network to simultaneously support 2G-5G sharing. I look forward to continuing to work closely with Telenor and Telia and support their ambition to promote digitalization in Danish society and deliver new exciting solutions to its consumer, enterprise, and Industry 4.0 customers.”\nResources: \nWebpage: Nokia AirScale\nWebpage: Nokia 5G RAN\nAbout NokiaWe create technology that helps the world act together.\nAs a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs.\nAdhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.\nMedia Inquiries:Nokia Communications Phone: +358 10 448 4900 Email: press.services@nokia.com","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161621433,"gmtCreate":1623923555922,"gmtModify":1703823610820,"author":{"id":"3567859927536608","authorId":"3567859927536608","name":"GerwynLee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567859927536608","authorIdStr":"3567859927536608"},"themes":[],"htmlText":"Next month will be interesting.","listText":"Next month will be interesting.","text":"Next month will be interesting.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161621433","repostId":"2144371393","repostType":4,"repost":{"id":"2144371393","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":1623878760,"share":"https://ttm.financial/m/news/2144371393?lang=&edition=fundamental","pubTime":"2021-06-17 05:26","market":"hk","language":"en","title":"Fed, alert to risks of higher inflation, now sees two interest rate hikes in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2144371393","media":"Dow Jones","summary":"Central bank breaks the ice and discusses tapering asset purchases.\n\nAlert to the risks that inflati","content":"<blockquote>\n Central bank breaks the ice and discusses tapering asset purchases.\n</blockquote>\n<p>Alert to the risks that inflation may continue to increase, the Federal Reserve on Wednesday said it might hike interest rates earlier than it had previously expected, penciling in two rate hikes in 2023.</p>\n<p>In its statement though, the Fed stuck to its guns and said the recent burst of inflation would be transitory.</p>\n<p>But time and again during his news conference, Fed Chairman Jerome Powell stressed he and his colleagues were attuned to the risk that inflation could rise faster and last longer than expected.</p>\n<p>The Fed forecast that inflation would move up to 3% annual rate this year but would then drop sharply in 2022. Even this forecast builds in slower inflation in the coming months, economists noted.</p>\n<p>Last Thursday's consumer-price index report to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans.</p>\n<p>In an outcome that was more hawkish than expected, the Fed's dot plot chart showed 11 of 18 officials expect at least two rate hikes in 2023. In March, only seven expected <a href=\"https://laohu8.com/S/AONE\">one</a> hike. Seven officials now see the first hike next year, up from four in March.</p>\n<p>\"After dismissing rising inflation and inflation expectations for the past three months...it feels like the FOMC just put their hands back on the wheel,\" wrote Aneta Markowska, economist at Jefferies, in a note to clients.</p>\n<p>Just as importantly, Powell announced the Fed held its first discussion about slowing down its bond purchases.</p>\n<p>The Fed is buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month, along with keeping its benchmark interest rate pinned close to zero, in a concerted effort to keep financial markets stable and support the economy.</p>\n<p>The Fed has said it wanted to see \"substantial further progress\" before slowing down the bond purchases -- the first step of pulling back all the support for the economy.</p>\n<p>\"Taper discussions will get more serious at the July meeting,\" Markowska said.</p>\n<p>Many economists, including former U.S. Treasury Secretary Larry Summers, say the Fed needs to rethink its policy given the two massive fiscal stimulus passed by Congress since December.</p>\n<p>U.S. stocks fell sharply after the Fed decision but recovered somewhat with the Dow Jones Industrial Average down 265 points at the close.</p>\n<p>The yield on the 10-year Treasury note rose to 1.56% from 1.49% on Tuesday.</p>\n<p>Joe Lavorgna, chief economist for the Americas at Natixis, played down the bond market reaction.</p>\n<p>\"The market basically took everything Powell said in stride,\" Lavorgna said in a phone interview. Before today, the bond market already had <a href=\"https://laohu8.com/S/AONE.U\">one</a> rate hike priced into 2023, he noted.</p>\n<p>But Robert Perli, Fed watcher for Cornerstone Macro, said the Fed has instilled more doubts in the market that the central bank is not serious about its new framework of average 2% inflation.</p>\n<p>Powell's news conference was in line with market expectations that he will announce tapering at Jackson Hole in late August, with the slowdown in asset purchases taking plan in December or early next year, Perli said.</p>\n<p>\"If you're really worried about inflation, you should pull the most immediate policy lever, not the one two years from now,\" Perli added.</p>\n<p>In a technical adjustment, the Fed raised the interest rate it pays on excess reserves, to 0.15% from 0.10%. The tweak is designed to keep the Fed's benchmark federal funds rate within its target range. Trading in markets had been pulling that rate lower.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fed, alert to risks of higher inflation, now sees two interest rate hikes in 2023</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\">\nFed, alert to risks of higher inflation, now sees two interest rate hikes in 2023\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\">2021-06-17 05:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Central bank breaks the ice and discusses tapering asset purchases.\n</blockquote>\n<p>Alert to the risks that inflation may continue to increase, the Federal Reserve on Wednesday said it might hike interest rates earlier than it had previously expected, penciling in two rate hikes in 2023.</p>\n<p>In its statement though, the Fed stuck to its guns and said the recent burst of inflation would be transitory.</p>\n<p>But time and again during his news conference, Fed Chairman Jerome Powell stressed he and his colleagues were attuned to the risk that inflation could rise faster and last longer than expected.</p>\n<p>The Fed forecast that inflation would move up to 3% annual rate this year but would then drop sharply in 2022. Even this forecast builds in slower inflation in the coming months, economists noted.</p>\n<p>Last Thursday's consumer-price index report to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans.</p>\n<p>In an outcome that was more hawkish than expected, the Fed's dot plot chart showed 11 of 18 officials expect at least two rate hikes in 2023. In March, only seven expected <a href=\"https://laohu8.com/S/AONE\">one</a> hike. Seven officials now see the first hike next year, up from four in March.</p>\n<p>\"After dismissing rising inflation and inflation expectations for the past three months...it feels like the FOMC just put their hands back on the wheel,\" wrote Aneta Markowska, economist at Jefferies, in a note to clients.</p>\n<p>Just as importantly, Powell announced the Fed held its first discussion about slowing down its bond purchases.</p>\n<p>The Fed is buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month, along with keeping its benchmark interest rate pinned close to zero, in a concerted effort to keep financial markets stable and support the economy.</p>\n<p>The Fed has said it wanted to see \"substantial further progress\" before slowing down the bond purchases -- the first step of pulling back all the support for the economy.</p>\n<p>\"Taper discussions will get more serious at the July meeting,\" Markowska said.</p>\n<p>Many economists, including former U.S. Treasury Secretary Larry Summers, say the Fed needs to rethink its policy given the two massive fiscal stimulus passed by Congress since December.</p>\n<p>U.S. stocks fell sharply after the Fed decision but recovered somewhat with the Dow Jones Industrial Average down 265 points at the close.</p>\n<p>The yield on the 10-year Treasury note rose to 1.56% from 1.49% on Tuesday.</p>\n<p>Joe Lavorgna, chief economist for the Americas at Natixis, played down the bond market reaction.</p>\n<p>\"The market basically took everything Powell said in stride,\" Lavorgna said in a phone interview. Before today, the bond market already had <a href=\"https://laohu8.com/S/AONE.U\">one</a> rate hike priced into 2023, he noted.</p>\n<p>But Robert Perli, Fed watcher for Cornerstone Macro, said the Fed has instilled more doubts in the market that the central bank is not serious about its new framework of average 2% inflation.</p>\n<p>Powell's news conference was in line with market expectations that he will announce tapering at Jackson Hole in late August, with the slowdown in asset purchases taking plan in December or early next year, Perli said.</p>\n<p>\"If you're really worried about inflation, you should pull the most immediate policy lever, not the one two years from now,\" Perli added.</p>\n<p>In a technical adjustment, the Fed raised the interest rate it pays on excess reserves, to 0.15% from 0.10%. The tweak is designed to keep the Fed's benchmark federal funds rate within its target range. Trading in markets had been pulling that rate lower.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144371393","content_text":"Central bank breaks the ice and discusses tapering asset purchases.\n\nAlert to the risks that inflation may continue to increase, the Federal Reserve on Wednesday said it might hike interest rates earlier than it had previously expected, penciling in two rate hikes in 2023.\nIn its statement though, the Fed stuck to its guns and said the recent burst of inflation would be transitory.\nBut time and again during his news conference, Fed Chairman Jerome Powell stressed he and his colleagues were attuned to the risk that inflation could rise faster and last longer than expected.\nThe Fed forecast that inflation would move up to 3% annual rate this year but would then drop sharply in 2022. Even this forecast builds in slower inflation in the coming months, economists noted.\nLast Thursday's consumer-price index report to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans.\nIn an outcome that was more hawkish than expected, the Fed's dot plot chart showed 11 of 18 officials expect at least two rate hikes in 2023. In March, only seven expected one hike. Seven officials now see the first hike next year, up from four in March.\n\"After dismissing rising inflation and inflation expectations for the past three months...it feels like the FOMC just put their hands back on the wheel,\" wrote Aneta Markowska, economist at Jefferies, in a note to clients.\nJust as importantly, Powell announced the Fed held its first discussion about slowing down its bond purchases.\nThe Fed is buying $80 billion of Treasurys and $40 billion of mortgage-backed securities each month, along with keeping its benchmark interest rate pinned close to zero, in a concerted effort to keep financial markets stable and support the economy.\nThe Fed has said it wanted to see \"substantial further progress\" before slowing down the bond purchases -- the first step of pulling back all the support for the economy.\n\"Taper discussions will get more serious at the July meeting,\" Markowska said.\nMany economists, including former U.S. Treasury Secretary Larry Summers, say the Fed needs to rethink its policy given the two massive fiscal stimulus passed by Congress since December.\nU.S. stocks fell sharply after the Fed decision but recovered somewhat with the Dow Jones Industrial Average down 265 points at the close.\nThe yield on the 10-year Treasury note rose to 1.56% from 1.49% on Tuesday.\nJoe Lavorgna, chief economist for the Americas at Natixis, played down the bond market reaction.\n\"The market basically took everything Powell said in stride,\" Lavorgna said in a phone interview. Before today, the bond market already had one rate hike priced into 2023, he noted.\nBut Robert Perli, Fed watcher for Cornerstone Macro, said the Fed has instilled more doubts in the market that the central bank is not serious about its new framework of average 2% inflation.\nPowell's news conference was in line with market expectations that he will announce tapering at Jackson Hole in late August, with the slowdown in asset purchases taking plan in December or early next year, Perli said.\n\"If you're really worried about inflation, you should pull the most immediate policy lever, not the one two years from now,\" Perli added.\nIn a technical adjustment, the Fed raised the interest rate it pays on excess reserves, to 0.15% from 0.10%. The tweak is designed to keep the Fed's benchmark federal funds rate within its target range. Trading in markets had been pulling that rate lower.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101697351,"gmtCreate":1619891344173,"gmtModify":1704336088287,"author":{"id":"3567859927536608","authorId":"3567859927536608","name":"GerwynLee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567859927536608","authorIdStr":"3567859927536608"},"themes":[],"htmlText":"FUD market","listText":"FUD market","text":"FUD market","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101697351","repostId":"1186088353","repostType":4,"repost":{"id":"1186088353","pubTimestamp":1619795143,"share":"https://ttm.financial/m/news/1186088353?lang=&edition=fundamental","pubTime":"2021-04-30 23:05","market":"us","language":"en","title":"Stocks Decline Amid Earnings, Economic Reports: Markets Wrap","url":"https://stock-news.laohu8.com/highlight/detail?id=1186088353","media":"Yahoo","summary":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing ","content":"<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.</p><p>The S&amp;P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.</p><p>Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No Exception</p><p>Data Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.</p><p>With the S&amp;P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase &amp; Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&amp;P 500, citing a “red-hot economy fueling earnings.”</p><p>“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”</p><p>Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&amp;P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.</p><p>“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.</p><p>These are some of the main moves in markets:</p><p>Stocks</p><p>The S&amp;P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%</p><p>Currencies</p><p>The Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollar</p><p>Bonds</p><p>The yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%</p><p>Commodities</p><p>West Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed</p>","source":"lsy1584348713084","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>Stocks Decline Amid Earnings, Economic Reports: Markets Wrap</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\">\nStocks Decline Amid Earnings, Economic Reports: Markets Wrap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html><strong>Yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html\">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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186088353","content_text":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No ExceptionData Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.With the S&P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase & Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&P 500, citing a “red-hot economy fueling earnings.”“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.These are some of the main moves in markets:StocksThe S&P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%CurrenciesThe Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollarBondsThe yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%CommoditiesWest Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377038394,"gmtCreate":1619483824518,"gmtModify":1704724627984,"author":{"id":"3567859927536608","authorId":"3567859927536608","name":"GerwynLee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567859927536608","authorIdStr":"3567859927536608"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>Super bullish","listText":"<a href=\"https://laohu8.com/S/BNGO\">$Bionano Genomics(BNGO)$</a>Super bullish","text":"$Bionano Genomics(BNGO)$Super bullish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/377038394","isVote":1,"tweetType":1,"viewCount":461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376543986,"gmtCreate":1619138660245,"gmtModify":1704720183352,"author":{"id":"3567859927536608","authorId":"3567859927536608","name":"GerwynLee","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3567859927536608","authorIdStr":"3567859927536608"},"themes":[],"htmlText":"Temporary dip, focusing on covid pandemic will hhelp","listText":"Temporary dip, focusing on covid pandemic will hhelp","text":"Temporary dip, focusing on covid pandemic will hhelp","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/376543986","repostId":"2129336573","repostType":4,"repost":{"id":"2129336573","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":1619121680,"share":"https://ttm.financial/m/news/2129336573?lang=&edition=fundamental","pubTime":"2021-04-23 04:01","market":"us","language":"en","title":"U.S. stocks drop on news of Biden tax proposals","url":"https://stock-news.laohu8.com/highlight/detail?id=2129336573","media":"Reuters","summary":"AT&T rises on strong quarterly resultsU.S. weekly jobless claims decline furtherIndexes down: Dow 0.","content":"<ul><li>AT&amp;T rises on strong quarterly results</li><li>U.S. weekly jobless claims decline further</li><li>Indexes down: Dow 0.94%, S&amp;P 500 0.92%, Nasdaq 0.94%</li></ul><p>By Herbert Lash</p><p>NEW YORK, April 22 (Reuters) - U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big tech's earnings next week.</p><p>The three main indexes on Wall Street also fell on reports that Biden planned to raise income taxes on the wealthy, a proposal some said would be hard to pass in Congress.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC.</p><p>Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago, said when a proposal is floated about raising taxes or capital gains, everybody gets excited, sells first and asks questions later.</p><p>\"It is more of a short-term, knee-jerk reaction,\" he said.</p><p>Biden will propose raising the marginal income tax rate to 39.6% from 37% and nearly double capital gains taxes to 39.6% for people earning more than $1 million, sources told Reuters.</p><p>The proposal targets about $1 trillion for child care, universal pre-kindergarten education and paid leave for workers, the sources said.</p><p>Markets have been listless after the Dow    and S&amp;P 500&nbsp;scaled all-time peaks last week as investors await guidance from Microsoft Corp   , Google parent Alphabet Inc    and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc    when they report earnings next week.</p><p>\"Until we get out of this information vacuum the market is going to be generally directionless,\" he said. \"All that really matters moving forward is what are those big tech earnings next week?\"</p><p>During the session, the S&amp;P 500 healthcare sector hit a fresh record high while industrials were the biggest gainers.</p><p>American Airlines Group Inc and Southwest Airlines Co    reported smaller-than-expected quarterly losses, signaling a revival in travel demand. Both shares fell.</p><p>Investors welcomed data showing the number of Americans filing new claims for unemployment benefits last week dropped to a fresh <a href=\"https://laohu8.com/S/AONE\">one</a>-year low. The Labor Department report suggested layoffs were subsiding and expectations were rising for another month of blockbuster job growth in April.</p><p>The speedy U.S. vaccination rollout has improved the economic outlook as people plan summer vacations and leisure spending, but a surge in COVID-19 cases in India and elsewhere in Asia has kept investors anxious, Hayes said.</p><p>Equities have likely reached a near-term top as expectations are too high, said Randy Frederick, vice president of trading and derivatives at Charles Schwab.</p><p>\"There's going to be continued positive moves throughout the remainder of the year but we are due for some sort of a pullback in the very short term,\" he said. \"Then the dip buyers will step back in.\"</p><p>First-quarter earnings are expected to increase 31.9% from a year ago, the highest rate since the fourth quarter, according to IBES Refinitiv data.</p><p>All 11 S&amp;P 500 sectors closed lower as Microsoft, Apple Inc , Amazon.com Inc and Tesla Inc weighted the most on the downdraft.</p><p>The Dow Jones Industrial Average fell 0.94% to 33,815.9, the S&amp;P 500 lost 0.92% at 4,134.98, and the Nasdaq Composite dropped 0.94% to 13,818.41.</p><p>Volume on U.S. exchanges was 10.35 billion shares, compared with the 10.32 billion full-session average over the last 20 trading days.</p><p>Chipmaker Intel Corp forecast second-quarter revenue above Wall Street targets, betting its next generation of processors for data centers and PCs will meet growing demand for cloud-based services. Shares slipped about 1% in after-hours trade.</p><p>AT&amp;T Inc beat Wall Street revenue targets as the U.S. economic reopening following pandemic-linked restrictions boosted smartphone sales and the media business. AT&amp;T shares rose 4.2%.</p><p>Biogen Inc beat quarterly profit estimates on stronger-than-expected sales for its muscle wasting disorder drug, though concerns over its reliance on its yet-to-be approved Alzheimer's therapy, aducanumab, weighed on shares. Biogen shares fell 4.0%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.57-to-1 ratio; on Nasdaq, a 1.04-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 84 new 52-week highs and no new lows; the Nasdaq Composite recorded 86 new highs and 20 new lows. (Reporting by Herbert Lash, additional reporting by Lewis Krauskopf in New York, Shivani Kumaresan and Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva and Richard Chang)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks drop on news of Biden tax proposals</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\">\nU.S. stocks drop on news of Biden tax proposals\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-23 04:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>AT&amp;T rises on strong quarterly results</li><li>U.S. weekly jobless claims decline further</li><li>Indexes down: Dow 0.94%, S&amp;P 500 0.92%, Nasdaq 0.94%</li></ul><p>By Herbert Lash</p><p>NEW YORK, April 22 (Reuters) - U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big tech's earnings next week.</p><p>The three main indexes on Wall Street also fell on reports that Biden planned to raise income taxes on the wealthy, a proposal some said would be hard to pass in Congress.</p><p>\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC.</p><p>Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago, said when a proposal is floated about raising taxes or capital gains, everybody gets excited, sells first and asks questions later.</p><p>\"It is more of a short-term, knee-jerk reaction,\" he said.</p><p>Biden will propose raising the marginal income tax rate to 39.6% from 37% and nearly double capital gains taxes to 39.6% for people earning more than $1 million, sources told Reuters.</p><p>The proposal targets about $1 trillion for child care, universal pre-kindergarten education and paid leave for workers, the sources said.</p><p>Markets have been listless after the Dow    and S&amp;P 500&nbsp;scaled all-time peaks last week as investors await guidance from Microsoft Corp   , Google parent Alphabet Inc    and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc    when they report earnings next week.</p><p>\"Until we get out of this information vacuum the market is going to be generally directionless,\" he said. \"All that really matters moving forward is what are those big tech earnings next week?\"</p><p>During the session, the S&amp;P 500 healthcare sector hit a fresh record high while industrials were the biggest gainers.</p><p>American Airlines Group Inc and Southwest Airlines Co    reported smaller-than-expected quarterly losses, signaling a revival in travel demand. Both shares fell.</p><p>Investors welcomed data showing the number of Americans filing new claims for unemployment benefits last week dropped to a fresh <a href=\"https://laohu8.com/S/AONE\">one</a>-year low. The Labor Department report suggested layoffs were subsiding and expectations were rising for another month of blockbuster job growth in April.</p><p>The speedy U.S. vaccination rollout has improved the economic outlook as people plan summer vacations and leisure spending, but a surge in COVID-19 cases in India and elsewhere in Asia has kept investors anxious, Hayes said.</p><p>Equities have likely reached a near-term top as expectations are too high, said Randy Frederick, vice president of trading and derivatives at Charles Schwab.</p><p>\"There's going to be continued positive moves throughout the remainder of the year but we are due for some sort of a pullback in the very short term,\" he said. \"Then the dip buyers will step back in.\"</p><p>First-quarter earnings are expected to increase 31.9% from a year ago, the highest rate since the fourth quarter, according to IBES Refinitiv data.</p><p>All 11 S&amp;P 500 sectors closed lower as Microsoft, Apple Inc , Amazon.com Inc and Tesla Inc weighted the most on the downdraft.</p><p>The Dow Jones Industrial Average fell 0.94% to 33,815.9, the S&amp;P 500 lost 0.92% at 4,134.98, and the Nasdaq Composite dropped 0.94% to 13,818.41.</p><p>Volume on U.S. exchanges was 10.35 billion shares, compared with the 10.32 billion full-session average over the last 20 trading days.</p><p>Chipmaker Intel Corp forecast second-quarter revenue above Wall Street targets, betting its next generation of processors for data centers and PCs will meet growing demand for cloud-based services. Shares slipped about 1% in after-hours trade.</p><p>AT&amp;T Inc beat Wall Street revenue targets as the U.S. economic reopening following pandemic-linked restrictions boosted smartphone sales and the media business. AT&amp;T shares rose 4.2%.</p><p>Biogen Inc beat quarterly profit estimates on stronger-than-expected sales for its muscle wasting disorder drug, though concerns over its reliance on its yet-to-be approved Alzheimer's therapy, aducanumab, weighed on shares. Biogen shares fell 4.0%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.57-to-1 ratio; on Nasdaq, a 1.04-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 84 new 52-week highs and no new lows; the Nasdaq Composite recorded 86 new highs and 20 new lows. (Reporting by Herbert Lash, additional reporting by Lewis Krauskopf in New York, Shivani Kumaresan and Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva and Richard Chang)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".DJI":"道琼斯","SQQQ":"纳指三倍做空ETF","LUV":"西南航空",".IXIC":"NASDAQ Composite","DOG":"道指反向ETF","AAL":"美国航空","SANA":"Sana Biotechnology, Inc.","AAPL":"苹果",".SPX":"S&P 500 Index","CGEM":"Cullinan Therapeutics","OEX":"标普100","QLD":"纳指两倍做多ETF","09086":"华夏纳指-U","QNETCN":"纳斯达克中美互联网老虎指数","TQQQ":"纳指三倍做多ETF","OEF":"标普100指数ETF-iShares","SDOW":"道指三倍做空ETF-ProShares","PSQ":"纳指反向ETF","BIIB":"渤健公司","LABP":"Landos Biopharma, Inc.","SDS":"两倍做空标普500ETF","AMZN":"亚马逊","DJX":"1/100道琼斯","UDOW":"道指三倍做多ETF-ProShares","QQQ":"纳指100ETF","UPRO":"三倍做多标普500ETF","03086":"华夏纳指","DXD":"道指两倍做空ETF","IVV":"标普500指数ETF","SCHW":"嘉信理财","SH":"标普500反向ETF","QID":"纳指两倍做空ETF","SSO":"两倍做多标普500ETF","T":"美国电话电报","DDM":"道指两倍做多ETF","TSLA":"特斯拉","LHDX":"Lucira Health, Inc.","MSFT":"微软","SPXU":"三倍做空标普500ETF","APR":"Apria, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129336573","content_text":"AT&T rises on strong quarterly resultsU.S. weekly jobless claims decline furtherIndexes down: Dow 0.94%, S&P 500 0.92%, Nasdaq 0.94%By Herbert LashNEW YORK, April 22 (Reuters) - U.S. stocks dived on Thursday on reports President Joe Biden planned to almost double the capital gains tax, news analysts said provided an excuse to take profits in a directionless market ahead of big tech's earnings next week.The three main indexes on Wall Street also fell on reports that Biden planned to raise income taxes on the wealthy, a proposal some said would be hard to pass in Congress.\"If it had a chance of passing, we'd be down 2,000 points,\" said Thomas Hayes, chairman and managing member at hedge fund Great Hill Capital LLC.Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago, said when a proposal is floated about raising taxes or capital gains, everybody gets excited, sells first and asks questions later.\"It is more of a short-term, knee-jerk reaction,\" he said.Biden will propose raising the marginal income tax rate to 39.6% from 37% and nearly double capital gains taxes to 39.6% for people earning more than $1 million, sources told Reuters.The proposal targets about $1 trillion for child care, universal pre-kindergarten education and paid leave for workers, the sources said.Markets have been listless after the Dow    and S&P 500 scaled all-time peaks last week as investors await guidance from Microsoft Corp   , Google parent Alphabet Inc    and Facebook Inc    when they report earnings next week.\"Until we get out of this information vacuum the market is going to be generally directionless,\" he said. \"All that really matters moving forward is what are those big tech earnings next week?\"During the session, the S&P 500 healthcare sector hit a fresh record high while industrials were the biggest gainers.American Airlines Group Inc and Southwest Airlines Co    reported smaller-than-expected quarterly losses, signaling a revival in travel demand. Both shares fell.Investors welcomed data showing the number of Americans filing new claims for unemployment benefits last week dropped to a fresh one-year low. The Labor Department report suggested layoffs were subsiding and expectations were rising for another month of blockbuster job growth in April.The speedy U.S. vaccination rollout has improved the economic outlook as people plan summer vacations and leisure spending, but a surge in COVID-19 cases in India and elsewhere in Asia has kept investors anxious, Hayes said.Equities have likely reached a near-term top as expectations are too high, said Randy Frederick, vice president of trading and derivatives at Charles Schwab.\"There's going to be continued positive moves throughout the remainder of the year but we are due for some sort of a pullback in the very short term,\" he said. \"Then the dip buyers will step back in.\"First-quarter earnings are expected to increase 31.9% from a year ago, the highest rate since the fourth quarter, according to IBES Refinitiv data.All 11 S&P 500 sectors closed lower as Microsoft, Apple Inc , Amazon.com Inc and Tesla Inc weighted the most on the downdraft.The Dow Jones Industrial Average fell 0.94% to 33,815.9, the S&P 500 lost 0.92% at 4,134.98, and the Nasdaq Composite dropped 0.94% to 13,818.41.Volume on U.S. exchanges was 10.35 billion shares, compared with the 10.32 billion full-session average over the last 20 trading days.Chipmaker Intel Corp forecast second-quarter revenue above Wall Street targets, betting its next generation of processors for data centers and PCs will meet growing demand for cloud-based services. Shares slipped about 1% in after-hours trade.AT&T Inc beat Wall Street revenue targets as the U.S. economic reopening following pandemic-linked restrictions boosted smartphone sales and the media business. AT&T shares rose 4.2%.Biogen Inc beat quarterly profit estimates on stronger-than-expected sales for its muscle wasting disorder drug, though concerns over its reliance on its yet-to-be approved Alzheimer's therapy, aducanumab, weighed on shares. Biogen shares fell 4.0%.Declining issues outnumbered advancing ones on the NYSE by a 1.57-to-1 ratio; on Nasdaq, a 1.04-to-1 ratio favored decliners.The S&P 500 posted 84 new 52-week highs and no new lows; the Nasdaq Composite recorded 86 new highs and 20 new lows. (Reporting by Herbert Lash, additional reporting by Lewis Krauskopf in New York, Shivani Kumaresan and Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva and Richard Chang)","news_type":1},"isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}