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2021-08-10

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Dow Jones Retreats amid Growth Concerns, Hang Seng Opens Higher

DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK: Dow Jones,S&P 500andNasdaq100 indexes closed -0.

Dow Jones Retreats amid Growth Concerns, Hang Seng Opens Higher

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{"i18n":{"language":"en_US"},"data":{"magic":2,"id":896736596,"tweetId":"896736596","gmtCreate":1628604672915,"gmtModify":1676529794873,"author":{"id":3586249912208716,"authorId":3586249912208716,"authorIdStr":"3586249912208716","name":"Glades","avatar":"https://static.tigerbbs.com/b97a0aca4160e0e33ce5ea6c8ee67d5e","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":4,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Like pls!</p></body></html>","htmlText":"<html><head></head><body><p>Like pls!</p></body></html>","text":"Like pls!","highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/896736596","repostId":1191266419,"repostType":2,"repost":{"id":"1191266419","pubTimestamp":1628558661,"share":"https://www.laohu8.com/m/news/1191266419?lang=&edition=full","pubTime":"2021-08-10 09:24","market":"us","language":"en","title":"Dow Jones Retreats amid Growth Concerns, Hang Seng Opens Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1191266419","media":"DailyFX","summary":"DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK:\n\nDow Jones,S&P 500andNasdaq100 indexes closed -0.","content":"<p><b>DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK:</b></p>\n<ul>\n <li>Dow Jones,S&amp;P 500andNasdaq100 indexes closed -0.30%, -0.09% and +0.16% respectively</li>\n <li>Cyclical sectors pulled back amid rising viral concerns and falling energy prices. TheDXYUS Dollar index climbed to a two-week high following a strongNFP</li>\n <li>Futures across the APAC markets are positioned to open mildly higher</li>\n</ul>\n<p><b>Dow, NFP,</b><b>&nbsp;</b><b>Crude Oil,</b><b>&nbsp;</b><b>USD, Asia-Pacific at Open</b>:</p>\n<p>The&nbsp;<a href=\"https://laohu8.com/S/.DJI\">DJIA</a> pulled back from all-time highs on Monday as investors mulled rising&nbsp;Delta variant cases&nbsp;around the world and a possible faster pace of&nbsp;Fed tapering stimulus. Much stronger-than-expected Julynonfarm payrollsdata pointed to a resilient US labor market despite a viral resurgence, hinting that the conditions are gradually maturing for Fed officials to start a debate on a tapering schedule. The abrupt plunge ingold pricesduring Monday’s Asia-Pacific hours may have reflected this prospect.</p>\n<p>WTI&nbsp;crude oil prices&nbsp;fell to a three-week low of $67.00, pulling the energy sector (-1.67%) lower. Defensive-oriented consumer staples (+0.38%) outperformed, pointing to a cautious start for APAC open. The&nbsp;DXY US Dollar Index&nbsp;extended Friday’s gains and may be testing a key level at 93.00 today, exerting downward pressure on precious metals, commodity and ASEAN currencies.</p>\n<p>In&nbsp;China, millions of people have been undergoing Covid tests as travel restrictions were imposed in many cities the country attempt to fight against a new wave of viral flareups caused by the highly-contagious&nbsp;Delta variant. Some 125 new confirmed infections were reported on Sunday, with the majority found in the central city of&nbsp;Zhengzhou&nbsp;and the eastern city of&nbsp;Yangzhou. Efforts to stem the spread of the virus may hint at slower economic activity and softer energy demand in the months to come.</p>\n<h3><b>Gold Prices - Daily</b></h3>\n<p><img src=\"https://static.tigerbbs.com/a07ac242730337e56cf40d3ea94236ce\" tg-width=\"680\" tg-height=\"351\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Asia-Pacific marketsare positioned for a positive start to the day. Futures in Japan, mainland China, Australia, Hong Kong, Taiwan, Singapore, Malaysia and Thailand are in the green, whereas those in South Korea and India are slightly lower.</p>\n<p>Hong Kong’s&nbsp;<a href=\"https://laohu8.com/S/HSI\">HSI</a>&nbsp;climbed 0.40% on Monday, lifted by <a href=\"https://laohu8.com/S/00700\">TENCENT</a> and <a href=\"https://laohu8.com/S/HSBC\">HSBC Holdings PLC</a>. <a href=\"https://laohu8.com/S/BABA\">Alibaba</a> fell 2.48% after one of its managers was investigated for sexually assaulting a female employee. The stock connections registered HK$3.45 billion of net Southbound inflows on Monday (chart below), reflecting that more mainland buyers are returning to Hong Kong’s market for bargain hunting. Lingering regulatory risks, however, may still be at the top of investors’ mind.</p>\n<p><img src=\"https://static.tigerbbs.com/f37ef32212865838fbccf498123b7c45\" tg-width=\"680\" tg-height=\"402\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: Bloomberg, DailyFX</p>\n<p>Looking back to Monday’s close, 7 out of 9 Dow Jones sectors ended lower, with 67.7% of the index’s constituents closing in the red. Energy (-1.67%), healthcare (-0.67%) and information technology (-0.57%) were among the worst performers, whereas consumer staples (+0.38%) and financials (+0.20%) registered small gains.</p>\n<p><b>Dow Jones</b><b>&nbsp;</b><b>Sector Performance 10-08-2021</b></p>\n<p><img src=\"https://static.tigerbbs.com/9f01b8aeec589aa1fea7085ebf0969b9\" tg-width=\"516\" tg-height=\"264\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">Source: Bloomberg, DailyFX</p>\n<h3><b>Dow Jones Index Technical Analysis</b></h3>\n<p>The Dow Jones index breached above a key resistance level at 34,920, thus opening the door for further gains. Prices remain in an “Ascending Channel”, as highlighted on the chart below, suggesting that the overall trend remains tilted to the upside. Bearish MACD divergence suggests that upward momentum may be weakening however.</p>\n<p><b>Dow Jones</b><b>&nbsp;</b><b>Index–DailyChart</b></p>\n<p><img src=\"https://static.tigerbbs.com/530bbd25bf46d64ed48f8765c0882cf3\" tg-width=\"680\" tg-height=\"354\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<h3><b>Hang Seng Index Technical Analysis:</b></h3>\n<p>The Hang Seng Index entered a range bound condition after falling sharply at the end of July. The near-term trend has likely turned positive after the MACD indicator formed a bullish crossover. A successful breach above the immediate resistance level at 26,650 may signal further upsides, whereas a break below 25,750 support may result in the reverse.</p>\n<p><b>Hang Seng Index– Daily Chart</b></p>\n<p><img src=\"https://static.tigerbbs.com/c358516bc5d26929fc46eea250f26fc5\" tg-width=\"680\" tg-height=\"351\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<h3><b>ASX 200</b><b>&nbsp;</b><b>Index Technical Analysis:</b></h3>\n<p>The ASX 200 index has breached above a key resistance level at 7,500 – the 200% Fibonacci extension. The overall trend remains bullish-biased, as suggested by the consecutive higher highs and higher lows formed over the past few months. The MACD indicator formed a bullish crossover and trended higher, suggesting that upward momentum is gaining traction.</p>\n<p><b>ASX 200 Index– Daily Chart</b></p>\n<p><img src=\"https://static.tigerbbs.com/d5b76b3a75ad64a1fad58b85f56840d2\" tg-width=\"680\" tg-height=\"351\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>","source":"lsy1568971417606","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>Dow Jones Retreats amid Growth Concerns, Hang Seng Opens Higher</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\">\nDow Jones Retreats amid Growth Concerns, Hang Seng Opens Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-10 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.dailyfx.com/forex/market_alert/2021/08/10/Dow-Jones-Retreats-amid-Growth-ConcernsHang-Seng-Opens-Higher.html><strong>DailyFX</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK:\n\nDow Jones,S&P 500andNasdaq100 indexes closed -0.30%, -0.09% and +0.16% respectively\nCyclical sectors pulled back amid rising viral concerns and ...</p>\n\n<a href=\"https://www.dailyfx.com/forex/market_alert/2021/08/10/Dow-Jones-Retreats-amid-Growth-ConcernsHang-Seng-Opens-Higher.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPLS":"史泰博",".DJI":"道琼斯","HSI":"恒生指数"},"source_url":"https://www.dailyfx.com/forex/market_alert/2021/08/10/Dow-Jones-Retreats-amid-Growth-ConcernsHang-Seng-Opens-Higher.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191266419","content_text":"DOW JONES, HANG SENG INDEX, ASX 200 INDEX OUTLOOK:\n\nDow Jones,S&P 500andNasdaq100 indexes closed -0.30%, -0.09% and +0.16% respectively\nCyclical sectors pulled back amid rising viral concerns and falling energy prices. TheDXYUS Dollar index climbed to a two-week high following a strongNFP\nFutures across the APAC markets are positioned to open mildly higher\n\nDow, NFP, Crude Oil, USD, Asia-Pacific at Open:\nThe DJIA pulled back from all-time highs on Monday as investors mulled rising Delta variant cases around the world and a possible faster pace of Fed tapering stimulus. Much stronger-than-expected Julynonfarm payrollsdata pointed to a resilient US labor market despite a viral resurgence, hinting that the conditions are gradually maturing for Fed officials to start a debate on a tapering schedule. The abrupt plunge ingold pricesduring Monday’s Asia-Pacific hours may have reflected this prospect.\nWTI crude oil prices fell to a three-week low of $67.00, pulling the energy sector (-1.67%) lower. Defensive-oriented consumer staples (+0.38%) outperformed, pointing to a cautious start for APAC open. The DXY US Dollar Index extended Friday’s gains and may be testing a key level at 93.00 today, exerting downward pressure on precious metals, commodity and ASEAN currencies.\nIn China, millions of people have been undergoing Covid tests as travel restrictions were imposed in many cities the country attempt to fight against a new wave of viral flareups caused by the highly-contagious Delta variant. Some 125 new confirmed infections were reported on Sunday, with the majority found in the central city of Zhengzhou and the eastern city of Yangzhou. Efforts to stem the spread of the virus may hint at slower economic activity and softer energy demand in the months to come.\nGold Prices - Daily\n\nAsia-Pacific marketsare positioned for a positive start to the day. Futures in Japan, mainland China, Australia, Hong Kong, Taiwan, Singapore, Malaysia and Thailand are in the green, whereas those in South Korea and India are slightly lower.\nHong Kong’s HSI climbed 0.40% on Monday, lifted by TENCENT and HSBC Holdings PLC. Alibaba fell 2.48% after one of its managers was investigated for sexually assaulting a female employee. The stock connections registered HK$3.45 billion of net Southbound inflows on Monday (chart below), reflecting that more mainland buyers are returning to Hong Kong’s market for bargain hunting. Lingering regulatory risks, however, may still be at the top of investors’ mind.\nSource: Bloomberg, DailyFX\nLooking back to Monday’s close, 7 out of 9 Dow Jones sectors ended lower, with 67.7% of the index’s constituents closing in the red. Energy (-1.67%), healthcare (-0.67%) and information technology (-0.57%) were among the worst performers, whereas consumer staples (+0.38%) and financials (+0.20%) registered small gains.\nDow Jones Sector Performance 10-08-2021\nSource: Bloomberg, DailyFX\nDow Jones Index Technical Analysis\nThe Dow Jones index breached above a key resistance level at 34,920, thus opening the door for further gains. Prices remain in an “Ascending Channel”, as highlighted on the chart below, suggesting that the overall trend remains tilted to the upside. Bearish MACD divergence suggests that upward momentum may be weakening however.\nDow Jones Index–DailyChart\n\nHang Seng Index Technical Analysis:\nThe Hang Seng Index entered a range bound condition after falling sharply at the end of July. The near-term trend has likely turned positive after the MACD indicator formed a bullish crossover. A successful breach above the immediate resistance level at 26,650 may signal further upsides, whereas a break below 25,750 support may result in the reverse.\nHang Seng Index– Daily Chart\n\nASX 200 Index Technical Analysis:\nThe ASX 200 index has breached above a key resistance level at 7,500 – the 200% Fibonacci extension. The overall trend remains bullish-biased, as suggested by the consecutive higher highs and higher lows formed over the past few months. The MACD indicator formed a bullish crossover and trended higher, suggesting that upward momentum is gaining traction.\nASX 200 Index– Daily Chart","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"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,"upFlag":false,"length":8,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}