[Like]-To The Moon - Tiger Brokers Online Investing Community - To The Moon

2
Comment
Favorite

TF105
2022-07-16

[Like]

US STOCKS-Wall St Ends Tumultuous Week with Strong Rally as Rate Hike Fears Wane

* Banks have biggest percent gain in 18 months* Citigroup jumps after results* S&P, Dow end five-day losing streaks* Retail sales beats estimates* Indexes up: Dow 2.15%, S&P 1.92%, Nasdaq 1.79%U.S. st

US STOCKS-Wall St Ends Tumultuous Week with Strong Rally as Rate Hike Fears Wane

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

2

Report

Comment

Top
Latest

empty

No comments yet

Most Discussed

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"magic":2,"id":9076746749,"tweetId":"9076746749","gmtCreate":1657926917781,"gmtModify":1676536081282,"author":{"id":4103845292937490,"idStr":"4103845292937490","authorId":4103845292937490,"authorIdStr":"4103845292937490","name":"TF105","avatar":"https://community-static.tradeup.com/news/970ff314f46a910a166b2a93d12f115a","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":2,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p><span>[Like]&nbsp;</span></p></body></html>","htmlText":"<html><head></head><body><p><span>[Like]&nbsp;</span></p></body></html>","text":"[Like]","highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9076746749","repostId":2251650644,"repostType":4,"repost":{"id":"2251650644","kind":"highlight","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":1657926064,"share":"https://www.laohu8.com/m/news/2251650644?lang=&edition=full","pubTime":"2022-07-16 07:01","market":"us","language":"en","title":"US STOCKS-Wall St Ends Tumultuous Week with Strong Rally as Rate Hike Fears Wane","url":"https://stock-news.laohu8.com/highlight/detail?id=2251650644","media":"Reuters","summary":"* Banks have biggest percent gain in 18 months* Citigroup jumps after results* S&P, Dow end five-day losing streaks* Retail sales beats estimates* Indexes up: Dow 2.15%, S&P 1.92%, Nasdaq 1.79%U.S. st","content":"<html><head></head><body><p>* Banks have biggest percent gain in 18 months</p><p>* Citigroup jumps after results</p><p>* S&amp;P, Dow end five-day losing streaks</p><p>* Retail sales beats estimates</p><p>* Indexes up: Dow 2.15%, S&amp;P 1.92%, Nasdaq 1.79%</p><p>U.S. stocks closed sharply higher on Friday, ending several days of sell-offs with a rebound fueled by upbeat earnings, strong economic data and easing fears of a larger-than-expected interest rate hike by the Federal Reserve.</p><p>All three major U.S. stock indexes posted solid gains, with financials    leading the charge in the wake of Citigroup&#39;s    earnings beat. This reversed Thursday&#39;s sell-off driven by downbeat guidance from rivals JPMorgan Chase and Morgan Stanley .</p><p>The S&amp;P 500 and the Dow both snapped five-day losing streaks, and all three indexes ended below last Friday&#39;s close.</p><p>&#34;We&#39;re still below the downward sloping trend line,&#34; said  Sam Stovall, chief investment strategist of CFRA Research in New York. &#34;One day does not a new trend make.&#34;</p><p>Consumer prices in June showed the highest annual growth rate since 1981, raising chances that the Fed could raise its key fed funds target rate by 100 basis points, steeper than the 75 basis point hike previously expected.</p><p>&#34;(Investors) would be unnerved by a 100 basis point rate hike, as it would imply that the Fed does not know what it is doing and is being controlled by the data,&#34; Stovall added.</p><p>Those fears were calmed by remarks from Fed officials on Thursday and Friday, which indicated an interest rate increase of 75 basis points is likely in the cards.</p><p>Economic data released on Friday surprised to the upside, with stronger-than-expected retail sales, an uptick in consumer sentiment, lower inflation expectations and cooling import prices.</p><p>&#34;Economic indicators are not consistent right now,&#34; said Tim Ghriskey, senior portfolio strategist Ingalls &amp; Snyder in New York. &#34;They are positive and negative, which shows we&#39;re in a period of transition.</p><p>The Dow Jones Industrial Average    rose 658.09 points, or 2.15%, to 31,288.26, the S&amp;P 500    gained 72.78 points, or 1.92%, at 3,863.16 and the Nasdaq Composite    added 201.24 points, or 1.79%, at 11,452.42.</p><p>All 11 major sectors of the S&amp;P 500 ended the session higher, with financial stocks easily nabbing the largest percentage gain of 3.5%.</p><p>Second-quarter earnings season is well underway, with 35 of the companies in the S&amp;P 500 having reported. Of those, 80% have beaten Street expectations, according to Refinitiv.</p><p>Analysts now expect aggregate year-on-year S&amp;P 500 second-quarter profit growth of 5.6%, down from the 6.8% estimate at the beginning of the quarter.</p><p>Citigroup bucked the trend among big bank earnings reports as its quarterly profit beat expectations, sending the stock up 13.2%.</p><p>Wells Fargo &amp; Co    said its quarterly profit nearly halved due to increased loan loss provisions and a weak mortgage business. Still, its shares gained 6.2%.</p><p>The S&amp;P Banking index jumped 5.8%, its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage surge since January 2020.</p><p>Unitedhealth Group Inc    advanced 5.4% after the healthcare company raised its annual profit forecast for the second straight quarter.</p><p>BlackRock Inc  rose 2.0% even after the world&#39;s largest asset manager posted a steeper-than-expected profit drop.</p><p>Market participants are looking to next week&#39;s full ledger of scheduled earnings releases, from Goldman Sachs Group Inc, Bank of America Corp, International Business Corp, Netflix Inc   , Tesla Inc   , <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc    and assorted heavy-hitting industrials.</p><p>Advancing issues outnumbered decliners on the NYSE by a 4.53-to-1 ratio; on Nasdaq, a 2.36-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 31 new lows; the Nasdaq Composite recorded 37 new highs and 126 new lows.</p><p>Volume on U.S. exchanges was 10.26 billion shares, compared with the 12.31 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Ends Tumultuous Week with Strong Rally as Rate Hike Fears Wane</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Ends Tumultuous Week with Strong Rally as Rate Hike Fears Wane\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\">2022-07-16 07:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Banks have biggest percent gain in 18 months</p><p>* Citigroup jumps after results</p><p>* S&amp;P, Dow end five-day losing streaks</p><p>* Retail sales beats estimates</p><p>* Indexes up: Dow 2.15%, S&amp;P 1.92%, Nasdaq 1.79%</p><p>U.S. stocks closed sharply higher on Friday, ending several days of sell-offs with a rebound fueled by upbeat earnings, strong economic data and easing fears of a larger-than-expected interest rate hike by the Federal Reserve.</p><p>All three major U.S. stock indexes posted solid gains, with financials    leading the charge in the wake of Citigroup&#39;s    earnings beat. This reversed Thursday&#39;s sell-off driven by downbeat guidance from rivals JPMorgan Chase and Morgan Stanley .</p><p>The S&amp;P 500 and the Dow both snapped five-day losing streaks, and all three indexes ended below last Friday&#39;s close.</p><p>&#34;We&#39;re still below the downward sloping trend line,&#34; said  Sam Stovall, chief investment strategist of CFRA Research in New York. &#34;One day does not a new trend make.&#34;</p><p>Consumer prices in June showed the highest annual growth rate since 1981, raising chances that the Fed could raise its key fed funds target rate by 100 basis points, steeper than the 75 basis point hike previously expected.</p><p>&#34;(Investors) would be unnerved by a 100 basis point rate hike, as it would imply that the Fed does not know what it is doing and is being controlled by the data,&#34; Stovall added.</p><p>Those fears were calmed by remarks from Fed officials on Thursday and Friday, which indicated an interest rate increase of 75 basis points is likely in the cards.</p><p>Economic data released on Friday surprised to the upside, with stronger-than-expected retail sales, an uptick in consumer sentiment, lower inflation expectations and cooling import prices.</p><p>&#34;Economic indicators are not consistent right now,&#34; said Tim Ghriskey, senior portfolio strategist Ingalls &amp; Snyder in New York. &#34;They are positive and negative, which shows we&#39;re in a period of transition.</p><p>The Dow Jones Industrial Average    rose 658.09 points, or 2.15%, to 31,288.26, the S&amp;P 500    gained 72.78 points, or 1.92%, at 3,863.16 and the Nasdaq Composite    added 201.24 points, or 1.79%, at 11,452.42.</p><p>All 11 major sectors of the S&amp;P 500 ended the session higher, with financial stocks easily nabbing the largest percentage gain of 3.5%.</p><p>Second-quarter earnings season is well underway, with 35 of the companies in the S&amp;P 500 having reported. Of those, 80% have beaten Street expectations, according to Refinitiv.</p><p>Analysts now expect aggregate year-on-year S&amp;P 500 second-quarter profit growth of 5.6%, down from the 6.8% estimate at the beginning of the quarter.</p><p>Citigroup bucked the trend among big bank earnings reports as its quarterly profit beat expectations, sending the stock up 13.2%.</p><p>Wells Fargo &amp; Co    said its quarterly profit nearly halved due to increased loan loss provisions and a weak mortgage business. Still, its shares gained 6.2%.</p><p>The S&amp;P Banking index jumped 5.8%, its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day percentage surge since January 2020.</p><p>Unitedhealth Group Inc    advanced 5.4% after the healthcare company raised its annual profit forecast for the second straight quarter.</p><p>BlackRock Inc  rose 2.0% even after the world&#39;s largest asset manager posted a steeper-than-expected profit drop.</p><p>Market participants are looking to next week&#39;s full ledger of scheduled earnings releases, from Goldman Sachs Group Inc, Bank of America Corp, International Business Corp, Netflix Inc   , Tesla Inc   , <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc    and assorted heavy-hitting industrials.</p><p>Advancing issues outnumbered decliners on the NYSE by a 4.53-to-1 ratio; on Nasdaq, a 2.36-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 31 new lows; the Nasdaq Composite recorded 37 new highs and 126 new lows.</p><p>Volume on U.S. exchanges was 10.26 billion shares, compared with the 12.31 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"513500":"标普500ETF","BK4154":"管理型保健护理",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","OEX":"标普100","NFLX":"奈飞","BK4207":"综合性银行","SQQQ":"纳指三倍做空ETF","C":"花旗","SDOW":"道指三倍做空ETF-ProShares","OEF":"标普100指数ETF-iShares","BK4581":"高盛持仓","QQQ":"纳指100ETF","BK4135":"资产管理与托管银行","DXD":"道指两倍做空ETF","BK4077":"互动媒体与服务","SDS":"两倍做空标普500ETF","QID":"纳指两倍做空ETF","BK4516":"特朗普概念","BK4532":"文艺复兴科技持仓","LHDX":"Lucira Health, Inc.","DDM":"道指两倍做多ETF","CGEM":"Cullinan Therapeutics","BK4534":"瑞士信贷持仓","BK4139":"生物科技","SH":"标普500反向ETF","IVV":"标普500指数ETF","DOG":"道指反向ETF","APR":"Apria, Inc.","BK4533":"AQR资本管理(全球第二大对冲基金)","BLK":"贝莱德","BK4007":"制药","LABP":"Landos Biopharma, Inc.","BK4566":"资本集团","BK4550":"红杉资本持仓","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","UNH":"联合健康","BK4196":"保健护理服务","SANA":"Sana Biotechnology, Inc.","UPRO":"三倍做多标普500ETF","BK4508":"社交媒体","BK4535":"淡马锡持仓","BK4082":"医疗保健设备","UDOW":"道指三倍做多ETF-ProShares","SSO":"两倍做多标普500ETF","BK4559":"巴菲特持仓",".IXIC":"NASDAQ Composite","BK4579":"人工智能"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251650644","content_text":"* Banks have biggest percent gain in 18 months* Citigroup jumps after results* S&P, Dow end five-day losing streaks* Retail sales beats estimates* Indexes up: Dow 2.15%, S&P 1.92%, Nasdaq 1.79%U.S. stocks closed sharply higher on Friday, ending several days of sell-offs with a rebound fueled by upbeat earnings, strong economic data and easing fears of a larger-than-expected interest rate hike by the Federal Reserve.All three major U.S. stock indexes posted solid gains, with financials    leading the charge in the wake of Citigroup's    earnings beat. This reversed Thursday's sell-off driven by downbeat guidance from rivals JPMorgan Chase and Morgan Stanley .The S&P 500 and the Dow both snapped five-day losing streaks, and all three indexes ended below last Friday's close.\"We're still below the downward sloping trend line,\" said  Sam Stovall, chief investment strategist of CFRA Research in New York. \"One day does not a new trend make.\"Consumer prices in June showed the highest annual growth rate since 1981, raising chances that the Fed could raise its key fed funds target rate by 100 basis points, steeper than the 75 basis point hike previously expected.\"(Investors) would be unnerved by a 100 basis point rate hike, as it would imply that the Fed does not know what it is doing and is being controlled by the data,\" Stovall added.Those fears were calmed by remarks from Fed officials on Thursday and Friday, which indicated an interest rate increase of 75 basis points is likely in the cards.Economic data released on Friday surprised to the upside, with stronger-than-expected retail sales, an uptick in consumer sentiment, lower inflation expectations and cooling import prices.\"Economic indicators are not consistent right now,\" said Tim Ghriskey, senior portfolio strategist Ingalls & Snyder in New York. \"They are positive and negative, which shows we're in a period of transition.The Dow Jones Industrial Average    rose 658.09 points, or 2.15%, to 31,288.26, the S&P 500    gained 72.78 points, or 1.92%, at 3,863.16 and the Nasdaq Composite    added 201.24 points, or 1.79%, at 11,452.42.All 11 major sectors of the S&P 500 ended the session higher, with financial stocks easily nabbing the largest percentage gain of 3.5%.Second-quarter earnings season is well underway, with 35 of the companies in the S&P 500 having reported. Of those, 80% have beaten Street expectations, according to Refinitiv.Analysts now expect aggregate year-on-year S&P 500 second-quarter profit growth of 5.6%, down from the 6.8% estimate at the beginning of the quarter.Citigroup bucked the trend among big bank earnings reports as its quarterly profit beat expectations, sending the stock up 13.2%.Wells Fargo & Co    said its quarterly profit nearly halved due to increased loan loss provisions and a weak mortgage business. Still, its shares gained 6.2%.The S&P Banking index jumped 5.8%, its biggest one-day percentage surge since January 2020.Unitedhealth Group Inc    advanced 5.4% after the healthcare company raised its annual profit forecast for the second straight quarter.BlackRock Inc  rose 2.0% even after the world's largest asset manager posted a steeper-than-expected profit drop.Market participants are looking to next week's full ledger of scheduled earnings releases, from Goldman Sachs Group Inc, Bank of America Corp, International Business Corp, Netflix Inc   , Tesla Inc   , Twitter Inc    and assorted heavy-hitting industrials.Advancing issues outnumbered decliners on the NYSE by a 4.53-to-1 ratio; on Nasdaq, a 2.36-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 31 new lows; the Nasdaq Composite recorded 37 new highs and 126 new lows.Volume on U.S. exchanges was 10.26 billion shares, compared with the 12.31 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":610,"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":6,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}