A lot surprising... now surpri

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ShinyStars38
2022-02-11

A lot surprising... now surprising jump then surprising drop ... 😂

Stocks Are Dropping Thursday after the 10-Year Treasury Yield Topped 2% Due to Surging Inflation

U.S. stock futures retreated on Thursday morning after a key inflation report showed a faster-than-e

Stocks Are Dropping Thursday after the 10-Year Treasury Yield Topped 2% Due to Surging Inflation

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Dow futures were down 248 points, or 0.7%.</p><p>Thursday’s consumer price index report showed a year-over-year rise of 7.5%, hotter than expected and the largest reading since 1982.</p><p>Investors were focused on the report as a clue to how aggressive the Federal Reserve will be to curb inflation. The 10-year Treasury yield jumped to 2% after the report, after being at 1.51% at the end of December.</p><p>“With another surprise jump in inflation in January, markets continue to be concerned about an aggressive Fed. While things may start getting better from here, market anxiety about potential Fed overtightening won’t go away until there are clear signs inflation is coming under control,” said Barry Gilbert, asset allocation strategist for LPL Financial.</p><p>Big Tech stocks moved lower after the report, with shares of Apple, Amazon and Microsoft all shedding more than 1%.</p><p>“We’ve got discretionary, communications services and tech all lower. That makes sense because every time you get an uptick in interest rates, tech sells off,” said Randy Frederick of Charles Schwab.</p><p>Bank stocks, however, moved higher as they are more likely to benefit from higher interest rates. JPMorgan and Wells Fargo each added more than 1% in premarket trading.</p><p>A solid batch of earnings reports helped to limit the losses for the market on Thursday.</p><p>Shares of Dow 30 component Disney jumped 7% in premarket trading after the company reported a quarterly earnings beat and a doubling of revenue from its parks, experiences and consumer products division. Uber gained 4.8% in extended trading after reporting a revenue beat and a bounce back from omicron-induced challenges.</p><p>Elsewhere, Twitter shares also rose premarket, jumping 2.6% after the company announced a $4 billion stock buyback program. Coca-Cola shares were up nearly 1% after the soft drink giant reported earnings and revenue that beat Wall Street estimates.</p><p>Expedia, Affirm and Zillow will report earnings after the closing bell.</p><p>In other economic news, weekly jobless claims came in at 223,000, slightly below expectations.</p><p>Thursday’s trading moves follow a broad rally on Wednesday. The Nasdaq rose for a second straight day, gaining 2%.</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>Stocks Are Dropping Thursday after the 10-Year Treasury Yield Topped 2% Due to Surging Inflation</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 Are Dropping Thursday after the 10-Year Treasury Yield Topped 2% Due to Surging Inflation\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\">2022-02-10 22:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures retreated on Thursday morning after a key inflation report showed a faster-than-expected rise in prices.</p><p>Futures for the tech-heavy Nasdaq 100 fell nearly 2%, while S&amp;P 500 futures dipped 1.3%. Dow futures were down 248 points, or 0.7%.</p><p>Thursday’s consumer price index report showed a year-over-year rise of 7.5%, hotter than expected and the largest reading since 1982.</p><p>Investors were focused on the report as a clue to how aggressive the Federal Reserve will be to curb inflation. The 10-year Treasury yield jumped to 2% after the report, after being at 1.51% at the end of December.</p><p>“With another surprise jump in inflation in January, markets continue to be concerned about an aggressive Fed. While things may start getting better from here, market anxiety about potential Fed overtightening won’t go away until there are clear signs inflation is coming under control,” said Barry Gilbert, asset allocation strategist for LPL Financial.</p><p>Big Tech stocks moved lower after the report, with shares of Apple, Amazon and Microsoft all shedding more than 1%.</p><p>“We’ve got discretionary, communications services and tech all lower. That makes sense because every time you get an uptick in interest rates, tech sells off,” said Randy Frederick of Charles Schwab.</p><p>Bank stocks, however, moved higher as they are more likely to benefit from higher interest rates. JPMorgan and Wells Fargo each added more than 1% in premarket trading.</p><p>A solid batch of earnings reports helped to limit the losses for the market on Thursday.</p><p>Shares of Dow 30 component Disney jumped 7% in premarket trading after the company reported a quarterly earnings beat and a doubling of revenue from its parks, experiences and consumer products division. Uber gained 4.8% in extended trading after reporting a revenue beat and a bounce back from omicron-induced challenges.</p><p>Elsewhere, Twitter shares also rose premarket, jumping 2.6% after the company announced a $4 billion stock buyback program. Coca-Cola shares were up nearly 1% after the soft drink giant reported earnings and revenue that beat Wall Street estimates.</p><p>Expedia, Affirm and Zillow will report earnings after the closing bell.</p><p>In other economic news, weekly jobless claims came in at 223,000, slightly below expectations.</p><p>Thursday’s trading moves follow a broad rally on Wednesday. The Nasdaq rose for a second straight day, gaining 2%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162823357","content_text":"U.S. stock futures retreated on Thursday morning after a key inflation report showed a faster-than-expected rise in prices.Futures for the tech-heavy Nasdaq 100 fell nearly 2%, while S&P 500 futures dipped 1.3%. Dow futures were down 248 points, or 0.7%.Thursday’s consumer price index report showed a year-over-year rise of 7.5%, hotter than expected and the largest reading since 1982.Investors were focused on the report as a clue to how aggressive the Federal Reserve will be to curb inflation. The 10-year Treasury yield jumped to 2% after the report, after being at 1.51% at the end of December.“With another surprise jump in inflation in January, markets continue to be concerned about an aggressive Fed. While things may start getting better from here, market anxiety about potential Fed overtightening won’t go away until there are clear signs inflation is coming under control,” said Barry Gilbert, asset allocation strategist for LPL Financial.Big Tech stocks moved lower after the report, with shares of Apple, Amazon and Microsoft all shedding more than 1%.“We’ve got discretionary, communications services and tech all lower. That makes sense because every time you get an uptick in interest rates, tech sells off,” said Randy Frederick of Charles Schwab.Bank stocks, however, moved higher as they are more likely to benefit from higher interest rates. JPMorgan and Wells Fargo each added more than 1% in premarket trading.A solid batch of earnings reports helped to limit the losses for the market on Thursday.Shares of Dow 30 component Disney jumped 7% in premarket trading after the company reported a quarterly earnings beat and a doubling of revenue from its parks, experiences and consumer products division. Uber gained 4.8% in extended trading after reporting a revenue beat and a bounce back from omicron-induced challenges.Elsewhere, Twitter shares also rose premarket, jumping 2.6% after the company announced a $4 billion stock buyback program. 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