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Kaylin
2022-02-08

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Stocks Open Mixed with Nasdaq Falling for a Second Day, but the Dow Is Higher

U.S. stock index futures were mixed in morning trading Tuesday as the market awaits key inflation da

Stocks Open Mixed with Nasdaq Falling for a Second Day, but the Dow Is Higher

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seanisright
·2022-02-08
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S&amp;P 500 and Nasdaq 100 futures both edged lower.</p><p>In early news, Peloton shares were volatile premarket trading after the interactive fitness company said it will slash 2,800 jobs in a restructuring effort that will see CEO John Foley step down and transition to executive chair.</p><p>The company will report earnings Tuesday after the market closes and during what’s been a turbulent time for the company. The stock surged 20.9% on Monday following reports the company could be a takeover target.</p><p>Elsewhere, Harley Davidson jumped 6% after the company reported a surprise profit for the fourth quarter.</p><p>Also, Pfizer shares tumbled 4% after the drugmaker’s fourth-quarter revenue came in lower than Wall Street analysts expected. The company’s full-year earnings guidance also disappointed.</p><p>Shares of Snap fell 3.5% after the social media company announced a new debt offering.</p><p>December’s trade balance was a deficit of $80.7 billion. Economists surveyed by Dow Jones survey were expecting a shortfall of $82.8 billion shortfall.</p><p>Wall Street is on edge watching how the Federal Reserve will react to the intensifying price pressures. Bank of America on Monday reiterated its call for the Fed to hike rates 1.75 percentage points, or seven times, this year in an effort to head off inflation pressures which have been accelerated by rising rages.</p><p>Treasury yields hit fresh pandemic-era highs Monday and rose again Tuesday. The benchmark 10-year Treasury note most recently yielded 1.93%, a level not seen since January 2020.</p><p>During trading on Monday the S&amp;P 500 slid 0.37%, while the Nasdaq Composite shed 0.58%. Both traded higher earlier in the day, before reversing course during the final hour of trading. Each index managed to close above its worst level of the session, however.</p><p>The Dow Jones Industrial finished Monday’s trading session just 1 point higher. At one point the 30-stock benchmark had added 235 points. At the lows of the day, the Dow declined by about 95 points.</p><p>“U.S. stocks will struggle for direction until the latest inflation tilts market’s expectations as to how aggressive the Fed will tighten into what is still deemed as an overvalued stock market,” said Oanda’s Edward Moya.</p><p>On Thursday the Labor Department will release January’s consumer price index data. The reading follows a stronger-than-expected January jobs report, which has led to speculation that the Federal Reserve could be more aggressive when it comes to hiking rates. The inflation data is expected to show that prices rose 0.4% in January, for a 7.2% gain from one year ago, which would be the highest in almost 40 years.</p><p>“The tumultuous market action continues as the combination of Fed policy uncertainty and economic transition remains in focus,” Canaccord Genuity said Monday in a note to clients.</p><p>“Unfortunately, this is the environment we are going to be in for a while as the monetary and economic mid-cycle transition unfolds.”</p><p>Communications services was the worst-performing S&amp;P 500 sector on Monday, declining 2.2% amid a 5% dip for shares of Facebook-parent Meta. Shares of the social media giant are down 28% this month following the company’s disappointing earnings report.</p><p>Google-parent Alphabet slid 2.9%, while Twitter, Match Group and Netflix all shed roughly 2%.</p><p>“Technology stocks are no longer a one-way trade as investors cut losses and now focus on valuations, competition, and long-term outlooks,” added Oanda’s Moya.</p><p>Earnings season continues Tuesday with Pfizer, Harley-Davidson, Lyft, Chipotle and Yum China among the names set to post quarterly results.</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 Open Mixed with Nasdaq Falling for a Second Day, but the Dow Is 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\">\nStocks Open Mixed with Nasdaq Falling for a Second Day, but the Dow Is Higher\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\">2022-02-08 22:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock index futures were mixed in morning trading Tuesday as the market awaits key inflation data later this week.</p><p>Futures contracts tied to the Dow Jones Industrial Average was little changed. S&amp;P 500 and Nasdaq 100 futures both edged lower.</p><p>In early news, Peloton shares were volatile premarket trading after the interactive fitness company said it will slash 2,800 jobs in a restructuring effort that will see CEO John Foley step down and transition to executive chair.</p><p>The company will report earnings Tuesday after the market closes and during what’s been a turbulent time for the company. The stock surged 20.9% on Monday following reports the company could be a takeover target.</p><p>Elsewhere, Harley Davidson jumped 6% after the company reported a surprise profit for the fourth quarter.</p><p>Also, Pfizer shares tumbled 4% after the drugmaker’s fourth-quarter revenue came in lower than Wall Street analysts expected. The company’s full-year earnings guidance also disappointed.</p><p>Shares of Snap fell 3.5% after the social media company announced a new debt offering.</p><p>December’s trade balance was a deficit of $80.7 billion. Economists surveyed by Dow Jones survey were expecting a shortfall of $82.8 billion shortfall.</p><p>Wall Street is on edge watching how the Federal Reserve will react to the intensifying price pressures. Bank of America on Monday reiterated its call for the Fed to hike rates 1.75 percentage points, or seven times, this year in an effort to head off inflation pressures which have been accelerated by rising rages.</p><p>Treasury yields hit fresh pandemic-era highs Monday and rose again Tuesday. The benchmark 10-year Treasury note most recently yielded 1.93%, a level not seen since January 2020.</p><p>During trading on Monday the S&amp;P 500 slid 0.37%, while the Nasdaq Composite shed 0.58%. Both traded higher earlier in the day, before reversing course during the final hour of trading. Each index managed to close above its worst level of the session, however.</p><p>The Dow Jones Industrial finished Monday’s trading session just 1 point higher. At one point the 30-stock benchmark had added 235 points. At the lows of the day, the Dow declined by about 95 points.</p><p>“U.S. stocks will struggle for direction until the latest inflation tilts market’s expectations as to how aggressive the Fed will tighten into what is still deemed as an overvalued stock market,” said Oanda’s Edward Moya.</p><p>On Thursday the Labor Department will release January’s consumer price index data. The reading follows a stronger-than-expected January jobs report, which has led to speculation that the Federal Reserve could be more aggressive when it comes to hiking rates. The inflation data is expected to show that prices rose 0.4% in January, for a 7.2% gain from one year ago, which would be the highest in almost 40 years.</p><p>“The tumultuous market action continues as the combination of Fed policy uncertainty and economic transition remains in focus,” Canaccord Genuity said Monday in a note to clients.</p><p>“Unfortunately, this is the environment we are going to be in for a while as the monetary and economic mid-cycle transition unfolds.”</p><p>Communications services was the worst-performing S&amp;P 500 sector on Monday, declining 2.2% amid a 5% dip for shares of Facebook-parent Meta. Shares of the social media giant are down 28% this month following the company’s disappointing earnings report.</p><p>Google-parent Alphabet slid 2.9%, while Twitter, Match Group and Netflix all shed roughly 2%.</p><p>“Technology stocks are no longer a one-way trade as investors cut losses and now focus on valuations, competition, and long-term outlooks,” added Oanda’s Moya.</p><p>Earnings season continues Tuesday with Pfizer, Harley-Davidson, Lyft, Chipotle and Yum China among the names set to post quarterly results.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a7ed81b1e72df2f2f0f21497fe08eaed","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183602298","content_text":"U.S. stock index futures were mixed in morning trading Tuesday as the market awaits key inflation data later this week.Futures contracts tied to the Dow Jones Industrial Average was little changed. S&P 500 and Nasdaq 100 futures both edged lower.In early news, Peloton shares were volatile premarket trading after the interactive fitness company said it will slash 2,800 jobs in a restructuring effort that will see CEO John Foley step down and transition to executive chair.The company will report earnings Tuesday after the market closes and during what’s been a turbulent time for the company. The stock surged 20.9% on Monday following reports the company could be a takeover target.Elsewhere, Harley Davidson jumped 6% after the company reported a surprise profit for the fourth quarter.Also, Pfizer shares tumbled 4% after the drugmaker’s fourth-quarter revenue came in lower than Wall Street analysts expected. The company’s full-year earnings guidance also disappointed.Shares of Snap fell 3.5% after the social media company announced a new debt offering.December’s trade balance was a deficit of $80.7 billion. Economists surveyed by Dow Jones survey were expecting a shortfall of $82.8 billion shortfall.Wall Street is on edge watching how the Federal Reserve will react to the intensifying price pressures. Bank of America on Monday reiterated its call for the Fed to hike rates 1.75 percentage points, or seven times, this year in an effort to head off inflation pressures which have been accelerated by rising rages.Treasury yields hit fresh pandemic-era highs Monday and rose again Tuesday. The benchmark 10-year Treasury note most recently yielded 1.93%, a level not seen since January 2020.During trading on Monday the S&P 500 slid 0.37%, while the Nasdaq Composite shed 0.58%. Both traded higher earlier in the day, before reversing course during the final hour of trading. Each index managed to close above its worst level of the session, however.The Dow Jones Industrial finished Monday’s trading session just 1 point higher. At one point the 30-stock benchmark had added 235 points. At the lows of the day, the Dow declined by about 95 points.“U.S. stocks will struggle for direction until the latest inflation tilts market’s expectations as to how aggressive the Fed will tighten into what is still deemed as an overvalued stock market,” said Oanda’s Edward Moya.On Thursday the Labor Department will release January’s consumer price index data. The reading follows a stronger-than-expected January jobs report, which has led to speculation that the Federal Reserve could be more aggressive when it comes to hiking rates. The inflation data is expected to show that prices rose 0.4% in January, for a 7.2% gain from one year ago, which would be the highest in almost 40 years.“The tumultuous market action continues as the combination of Fed policy uncertainty and economic transition remains in focus,” Canaccord Genuity said Monday in a note to clients.“Unfortunately, this is the environment we are going to be in for a while as the monetary and economic mid-cycle transition unfolds.”Communications services was the worst-performing S&P 500 sector on Monday, declining 2.2% amid a 5% dip for shares of Facebook-parent Meta. Shares of the social media giant are down 28% this month following the company’s disappointing earnings report.Google-parent Alphabet slid 2.9%, while Twitter, Match Group and Netflix all shed roughly 2%.“Technology stocks are no longer a one-way trade as investors cut losses and now focus on valuations, competition, and long-term outlooks,” added Oanda’s Moya.Earnings season continues Tuesday with Pfizer, Harley-Davidson, Lyft, Chipotle and Yum China among the names set to post quarterly results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"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":3,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":100468582,"commentId":"100468582","gmtCreate":1644332838184,"gmtModify":1663243482835,"authorId":3585475029155588,"author":{"id":3585475029155588,"idStr":"3585475029155588","authorId":3585475029155588,"name":"seanisright","avatar":"https://static.tigerbbs.com/dda21240ac9bd6280ce1f04de5c3a999","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9096164167,"objectIdStr":"9096164167","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"yes interesting","text":"yes interesting","html":"yes interesting","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}