And they say the Dems are bad

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And they say the Dems are bad for the economy! Lol

Post-Bell | S&P 500 Ekes Out Record Closing High; Apple Stock Is up 2.3%; Stellantis Falls 13%

The S&P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interes

Post-Bell | S&P 500 Ekes Out Record Closing High; Apple Stock Is up 2.3%; Stellantis Falls 13%

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Lol","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/355272469516400","repostId":1103229789,"repostType":4,"repost":{"id":"1103229789","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":1727737238,"share":"https://www.laohu8.com/m/news/1103229789?lang=&edition=full","pubTime":"2024-10-01 07:00","market":"us","language":"en","title":"Post-Bell | S&P 500 Ekes Out Record Closing High; Apple Stock Is up 2.3%; Stellantis Falls 13%","url":"https://stock-news.laohu8.com/highlight/detail?id=1103229789","media":"Tiger Newspress","summary":"The S&P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interes","content":"<html><head></head><body><p>The S&amp;P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interest rate cuts.</p><p>The Dow also posted an all-time closing high. The three major U.S. stock indexes registered gains for the quarter and for the month.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 17.15 points, or 0.04%, to 42,330.15, the S&amp;P 500 rose 24.31 points, or 0.42%, to 5,762.48 and the Nasdaq Composite rose 69.58 points, or 0.38%, to 18,189.17.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bb779eadd441364db45ab4dfa45cd461\" tg-width=\"937\" tg-height=\"144\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p>American depositary receipts of Chinese electric-vehicle maker NIO(NIO)$ jumped 2.5% after NIO China secured a $2 billion investment from its parent company and state-backed investors.</p><p><a href=\"https://laohu8.com/S/STLA\">Stellantis</a>, the European maker of Chrysler and Jeep vehicles, lowered its full-year adjusted operating-income margin to the range from 5.5% to 7.0%, down from previous guidance for “double digit.” The company said in the news release that “deterioration in the global industry backdrop reflects a lower 2024 market forecast than at the beginning of the period, while competitive dynamics have intensified due to both rising industry supply, as well as increased Chinese competition.” Stellantis shares fell 13%, while <a href=\"https://laohu8.com/S/F\">Ford Motor</a> stock was down 2% and General Motors dropped 3.5%.</p><p><a href=\"https://laohu8.com/S/CVS\">CVS Health</a> stock rose 2.4% after The Wall Street Journal reported that hedge fund Glenview Capital Management would meet with top executives of the healthcare company to propose ways to improve operations. The report cited people familiar with the matter in its report.</p><p><a href=\"https://laohu8.com/S/CCL\">Carnival</a> reported fiscal third-quarter earnings and revenue that beat Wall Street estimates on Monday. Shares fell 0.3% as investors focused on the adjusted forecast for earnings before interest, taxes, depreciation, and amortization for the fourth quarter of $1.14 billion, which was softer than analysts’ estimates of $1.16 billion, according to FactSet. Competitor <a href=\"https://laohu8.com/S/RCL\">Royal Caribbean</a> dropped 0.1%, while <a href=\"https://laohu8.com/S/NCLH\">Norwegian Cruise Line Holdings</a> declined 2.1%.</p><p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment Holdings</a> stock was up 1.1%. The company said on Monday that from Aug. 5 through Sept. 30 it entered into a series of privately negotiated agreements to reduce a substantial amount of debt.</p><p>The Wall Street Journal reported after the stock market closed on Friday that Apple(AAPL)$ is no longer in talks to participate in an OpenAI funding round to raise as much as $6.5 billion, according to a person familiar with the matter. According to the report, the iPhone maker recently fell out of the talks to join the round, which is slated to close next week. Shares of Apple were up 2.3%.</p><p><a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a> will commence a 10-for-1 stock split after the stock market closes on Monday, and begin trading on a post-split basis Tuesday Oct. 1. Shares of Super Micro were down 0.8% Monday.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_883036504\">Fed Sees No &#34;Hurry&#34; to Cut Rates as Confidence in Economy Grows, Powell Says</h3><p>Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not &#34;in a hurry&#34; after new data boosted confidence in ongoing economic growth and consumer spending.</p><p>&#34;This is not a committee that feels like it is in a hurry to cut rates quickly,&#34; Powell told a National Association for Business Economics conference, even though the policy-setting Federal Open Market Committee kicked off its easing cycle with a larger-than-expected half-percentage-point reduction at its Sept. 17-18 meeting.</p><h3 id=\"id_3005571531\" style=\"text-align: start;\">Michael Dell Unloads $1.2 Billion in Second Big Dell Stock Sale</h3><p><a href=\"https://laohu8.com/S/DELL\">Dell Technologies Inc.</a> founder and Chief Executive Officer Michael Dell on Thursday sold 10 million shares of his namesake company’s stock worth $1.22 billion, his second significant sale in September, according to regulatory filings.</p><p style=\"text-align: start;\">Dell earlier sold 10 million shares, worth $1.17 billion, in a series of transactions from Sept. 19 to Sept. 23, according to a filing with the Securities and Exchange Commission.<br/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPost-Bell | S&P 500 Ekes Out Record Closing High; Apple Stock Is up 2.3%; Stellantis Falls 13%\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\">2024-10-01 07:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The S&amp;P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interest rate cuts.</p><p>The Dow also posted an all-time closing high. The three major U.S. stock indexes registered gains for the quarter and for the month.</p><h2 id=\"id_966889051\">Market Snapshot</h2><p>The Dow Jones Industrial Average rose 17.15 points, or 0.04%, to 42,330.15, the S&amp;P 500 rose 24.31 points, or 0.42%, to 5,762.48 and the Nasdaq Composite rose 69.58 points, or 0.38%, to 18,189.17.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/bb779eadd441364db45ab4dfa45cd461\" tg-width=\"937\" tg-height=\"144\"/></p><h2 id=\"id_215835447\">Market Movers</h2><p>American depositary receipts of Chinese electric-vehicle maker NIO(NIO)$ jumped 2.5% after NIO China secured a $2 billion investment from its parent company and state-backed investors.</p><p><a href=\"https://laohu8.com/S/STLA\">Stellantis</a>, the European maker of Chrysler and Jeep vehicles, lowered its full-year adjusted operating-income margin to the range from 5.5% to 7.0%, down from previous guidance for “double digit.” The company said in the news release that “deterioration in the global industry backdrop reflects a lower 2024 market forecast than at the beginning of the period, while competitive dynamics have intensified due to both rising industry supply, as well as increased Chinese competition.” Stellantis shares fell 13%, while <a href=\"https://laohu8.com/S/F\">Ford Motor</a> stock was down 2% and General Motors dropped 3.5%.</p><p><a href=\"https://laohu8.com/S/CVS\">CVS Health</a> stock rose 2.4% after The Wall Street Journal reported that hedge fund Glenview Capital Management would meet with top executives of the healthcare company to propose ways to improve operations. The report cited people familiar with the matter in its report.</p><p><a href=\"https://laohu8.com/S/CCL\">Carnival</a> reported fiscal third-quarter earnings and revenue that beat Wall Street estimates on Monday. Shares fell 0.3% as investors focused on the adjusted forecast for earnings before interest, taxes, depreciation, and amortization for the fourth quarter of $1.14 billion, which was softer than analysts’ estimates of $1.16 billion, according to FactSet. Competitor <a href=\"https://laohu8.com/S/RCL\">Royal Caribbean</a> dropped 0.1%, while <a href=\"https://laohu8.com/S/NCLH\">Norwegian Cruise Line Holdings</a> declined 2.1%.</p><p><a href=\"https://laohu8.com/S/AMC\">AMC Entertainment Holdings</a> stock was up 1.1%. The company said on Monday that from Aug. 5 through Sept. 30 it entered into a series of privately negotiated agreements to reduce a substantial amount of debt.</p><p>The Wall Street Journal reported after the stock market closed on Friday that Apple(AAPL)$ is no longer in talks to participate in an OpenAI funding round to raise as much as $6.5 billion, according to a person familiar with the matter. According to the report, the iPhone maker recently fell out of the talks to join the round, which is slated to close next week. Shares of Apple were up 2.3%.</p><p><a href=\"https://laohu8.com/S/SMCI\">Super Micro Computer</a> will commence a 10-for-1 stock split after the stock market closes on Monday, and begin trading on a post-split basis Tuesday Oct. 1. Shares of Super Micro were down 0.8% Monday.</p><h2 id=\"id_3378142872\">Market News</h2><h3 id=\"id_883036504\">Fed Sees No &#34;Hurry&#34; to Cut Rates as Confidence in Economy Grows, Powell Says</h3><p>Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not &#34;in a hurry&#34; after new data boosted confidence in ongoing economic growth and consumer spending.</p><p>&#34;This is not a committee that feels like it is in a hurry to cut rates quickly,&#34; Powell told a National Association for Business Economics conference, even though the policy-setting Federal Open Market Committee kicked off its easing cycle with a larger-than-expected half-percentage-point reduction at its Sept. 17-18 meeting.</p><h3 id=\"id_3005571531\" style=\"text-align: start;\">Michael Dell Unloads $1.2 Billion in Second Big Dell Stock Sale</h3><p><a href=\"https://laohu8.com/S/DELL\">Dell Technologies Inc.</a> founder and Chief Executive Officer Michael Dell on Thursday sold 10 million shares of his namesake company’s stock worth $1.22 billion, his second significant sale in September, according to regulatory filings.</p><p style=\"text-align: start;\">Dell earlier sold 10 million shares, worth $1.17 billion, in a series of transactions from Sept. 19 to Sept. 23, according to a filing with the Securities and Exchange Commission.<br/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103229789","content_text":"The S&P 500 sputtered to a record high close on Monday, rebounding from a brief setback after Federal Reserve Chair Jerome Powell said the U.S. central bank is in no hurry to implement further interest rate cuts.The Dow also posted an all-time closing high. The three major U.S. stock indexes registered gains for the quarter and for the month.Market SnapshotThe Dow Jones Industrial Average rose 17.15 points, or 0.04%, to 42,330.15, the S&P 500 rose 24.31 points, or 0.42%, to 5,762.48 and the Nasdaq Composite rose 69.58 points, or 0.38%, to 18,189.17.Market MoversAmerican depositary receipts of Chinese electric-vehicle maker NIO(NIO)$ jumped 2.5% after NIO China secured a $2 billion investment from its parent company and state-backed investors.Stellantis, the European maker of Chrysler and Jeep vehicles, lowered its full-year adjusted operating-income margin to the range from 5.5% to 7.0%, down from previous guidance for “double digit.” The company said in the news release that “deterioration in the global industry backdrop reflects a lower 2024 market forecast than at the beginning of the period, while competitive dynamics have intensified due to both rising industry supply, as well as increased Chinese competition.” Stellantis shares fell 13%, while Ford Motor stock was down 2% and General Motors dropped 3.5%.CVS Health stock rose 2.4% after The Wall Street Journal reported that hedge fund Glenview Capital Management would meet with top executives of the healthcare company to propose ways to improve operations. The report cited people familiar with the matter in its report.Carnival reported fiscal third-quarter earnings and revenue that beat Wall Street estimates on Monday. Shares fell 0.3% as investors focused on the adjusted forecast for earnings before interest, taxes, depreciation, and amortization for the fourth quarter of $1.14 billion, which was softer than analysts’ estimates of $1.16 billion, according to FactSet. Competitor Royal Caribbean dropped 0.1%, while Norwegian Cruise Line Holdings declined 2.1%.AMC Entertainment Holdings stock was up 1.1%. The company said on Monday that from Aug. 5 through Sept. 30 it entered into a series of privately negotiated agreements to reduce a substantial amount of debt.The Wall Street Journal reported after the stock market closed on Friday that Apple(AAPL)$ is no longer in talks to participate in an OpenAI funding round to raise as much as $6.5 billion, according to a person familiar with the matter. According to the report, the iPhone maker recently fell out of the talks to join the round, which is slated to close next week. Shares of Apple were up 2.3%.Super Micro Computer will commence a 10-for-1 stock split after the stock market closes on Monday, and begin trading on a post-split basis Tuesday Oct. 1. Shares of Super Micro were down 0.8% Monday.Market NewsFed Sees No \"Hurry\" to Cut Rates as Confidence in Economy Grows, Powell SaysFederal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts moving forward and was not \"in a hurry\" after new data boosted confidence in ongoing economic growth and consumer spending.\"This is not a committee that feels like it is in a hurry to cut rates quickly,\" Powell told a National Association for Business Economics conference, even though the policy-setting Federal Open Market Committee kicked off its easing cycle with a larger-than-expected half-percentage-point reduction at its Sept. 17-18 meeting.Michael Dell Unloads $1.2 Billion in Second Big Dell Stock SaleDell Technologies Inc. founder and Chief Executive Officer Michael Dell on Thursday sold 10 million shares of his namesake company’s stock worth $1.22 billion, his second significant sale in September, according to regulatory filings.Dell earlier sold 10 million shares, worth $1.17 billion, in a series of transactions from Sept. 19 to Sept. 23, according to a filing with the Securities and Exchange Commission.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":40,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}