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u0402215
2022-02-10

Yay

Nasdaq Jumps for a Second Day as Investors Continue to Buy the January Tech Dip, Dow up 200 Points

U.S. stock futures rose in early morning trading on Wednesday as investors digested another batch of

Nasdaq Jumps for a Second Day as Investors Continue to Buy the January Tech Dip, Dow up 200 Points

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Autumnbees
·2022-02-10
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S&amp;P 500 futures gained nearly 1% and Nasdaq 100 futures rose 1.2%.Tech stocks appeared poise to outperform on Wednesday, with chipmaker Advanced Micro Devices rising more than 1% after an upgrade from Daiwa Capital Markets. E-commerce stocks including Amazon and Shopify were pushing higher in premarket trading.Through Tuesday’s close, the Nasdaq Composite has gained more than 6% from its recent low on Jan. 27 after falling into correction territory earlier this year. Still, many Wall Street pros are cautious about the near term outlook for tech stocks amid rising interest rates and elevated market volatility.“While we are somewhat less cautious about expensive tech, we continue to encourage investors to be careful about unprofitable, expensive tech stocks with low quality scores,” Bernstein’s Toni Sacconaghi said in a note to clients. “We continue to have a preference toward lower priced/value tech names, and note that the least expensive quintile of tech has the highest expected 5-year growth outlook in more than a decade, and valuations are attractive relative to history.”On the earnings front, Chipotle rose more than 6% in after-hours trading on the back of its strong earnings, while Lyft tumbled nearly 4% after announcing it had fewer active riders than in the prior quarter.Solar stock Enphase Energy surged 20% in premarket trading after the company beat estimates on the top and bottom lines for the fourth quarter and delivered upbeat guidance.Bond yields cooled off Wednesday amid a dramatic surge in 2022, possibly giving a boost to tech. The benchmark 10-year Treasury note most recently yielded 1.93% after touching 1.97% on Tuesday.Mortgage applications dropped 10% week over week, however, as the rise in interest rates in recent months appears to have dampened demand among homebuyers.Yields have risen this year in part because of a more aggressive stance from the Federal Reserve. Atlanta Fed President Raphael Bostic told CNBC on Wednesday that three rate hikes are possible this year but that the central bank is not locked in to any path and will watch how the economy responds.Elsewhere, Peloton continued its rebound, rising more than 4% premarket the day after the company announced a restructuring plan that will include layoffs and the removal of its CEO. Despite a bumpy road, shares of the interactive fitness company are now positive year to date after soaring more than 25% in Tuesday trading.On Tuesday, the Dow Jones Industrial Average added more than 370 points, helped by a 7.8% pop in Amgen on the back of its strong earnings report. The S&amp;P 500 also registered a gain, climbing 0.8%. The technology-focused Nasdaq Composite rose 1.3%.A handful of strong corporate earnings boosted sentiment on Tuesday, after a slow start to the week. Harley-Davidson, Chegg, DuPont and Centene all rose after reporting better-than-expected earnings.As of the closing bell on Tuesday, nearly 60% of all S&amp;P 500 companies have reported fourth-quarter earnings and roughly 77% have topped Wall Street’s earnings estimates, according to FactSet.“We are wrapping up a very solid earnings season,” said Ryan Detrick of LPL Financial. “Sure, we had a high-profile blowup at Facebook, but overall we’ve seen impressive news from corporate America.”Disney, Mattel, MGM Resorts and Uber Technologies will release results after the bell on Wednesday.Investors are also preparing for Thursday’s Consumer Price Index report, which will give an update on the inflation picture. The Fed has already signaled a monetary policy pivot in order to address the historically high price increases.The CPI report “has had a big bullseye on it all week and the truth is that headline number will likely be one of the highest we’ve ever seen,” Detrick said. “Now the good news is we are likely close to a major peak in inflation and this number very well could be the peak. We’ve seen some improvements in supply chains lately and this is the first clue we are nearing a peak in inflation as well.”The inflation data is estimated to show that prices rose 0.4% in January, for a 7.2% gain from one year ago, according to Dow Jones.</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>Nasdaq Jumps for a Second Day as Investors Continue to Buy the January Tech Dip, Dow up 200 Points</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\">\nNasdaq Jumps for a Second Day as Investors Continue to Buy the January Tech Dip, Dow up 200 Points\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\">\nTiger Newspress \n2022-02-09 22:31\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body>U.S. stock futures rose in early morning trading on Wednesday as investors digested another batch of corporate earnings and tech shares looked to build on their rebound.Dow futures rose 247 points, or 0.7%. S&amp;P 500 futures gained nearly 1% and Nasdaq 100 futures rose 1.2%.Tech stocks appeared poise to outperform on Wednesday, with chipmaker Advanced Micro Devices rising more than 1% after an upgrade from Daiwa Capital Markets. E-commerce stocks including Amazon and Shopify were pushing higher in premarket trading.Through Tuesday’s close, the Nasdaq Composite has gained more than 6% from its recent low on Jan. 27 after falling into correction territory earlier this year. Still, many Wall Street pros are cautious about the near term outlook for tech stocks amid rising interest rates and elevated market volatility.“While we are somewhat less cautious about expensive tech, we continue to encourage investors to be careful about unprofitable, expensive tech stocks with low quality scores,” Bernstein’s Toni Sacconaghi said in a note to clients. “We continue to have a preference toward lower priced/value tech names, and note that the least expensive quintile of tech has the highest expected 5-year growth outlook in more than a decade, and valuations are attractive relative to history.”On the earnings front, Chipotle rose more than 6% in after-hours trading on the back of its strong earnings, while Lyft tumbled nearly 4% after announcing it had fewer active riders than in the prior quarter.Solar stock Enphase Energy surged 20% in premarket trading after the company beat estimates on the top and bottom lines for the fourth quarter and delivered upbeat guidance.Bond yields cooled off Wednesday amid a dramatic surge in 2022, possibly giving a boost to tech. The benchmark 10-year Treasury note most recently yielded 1.93% after touching 1.97% on Tuesday.Mortgage applications dropped 10% week over week, however, as the rise in interest rates in recent months appears to have dampened demand among homebuyers.Yields have risen this year in part because of a more aggressive stance from the Federal Reserve. Atlanta Fed President Raphael Bostic told CNBC on Wednesday that three rate hikes are possible this year but that the central bank is not locked in to any path and will watch how the economy responds.Elsewhere, Peloton continued its rebound, rising more than 4% premarket the day after the company announced a restructuring plan that will include layoffs and the removal of its CEO. Despite a bumpy road, shares of the interactive fitness company are now positive year to date after soaring more than 25% in Tuesday trading.On Tuesday, the Dow Jones Industrial Average added more than 370 points, helped by a 7.8% pop in Amgen on the back of its strong earnings report. The S&amp;P 500 also registered a gain, climbing 0.8%. The technology-focused Nasdaq Composite rose 1.3%.A handful of strong corporate earnings boosted sentiment on Tuesday, after a slow start to the week. Harley-Davidson, Chegg, DuPont and Centene all rose after reporting better-than-expected earnings.As of the closing bell on Tuesday, nearly 60% of all S&amp;P 500 companies have reported fourth-quarter earnings and roughly 77% have topped Wall Street’s earnings estimates, according to FactSet.“We are wrapping up a very solid earnings season,” said Ryan Detrick of LPL Financial. “Sure, we had a high-profile blowup at Facebook, but overall we’ve seen impressive news from corporate America.”Disney, Mattel, MGM Resorts and Uber Technologies will release results after the bell on Wednesday.Investors are also preparing for Thursday’s Consumer Price Index report, which will give an update on the inflation picture. The Fed has already signaled a monetary policy pivot in order to address the historically high price increases.The CPI report “has had a big bullseye on it all week and the truth is that headline number will likely be one of the highest we’ve ever seen,” Detrick said. “Now the good news is we are likely close to a major peak in inflation and this number very well could be the peak. We’ve seen some improvements in supply chains lately and this is the first clue we are nearing a peak in inflation as well.”The inflation data is estimated to show that prices rose 0.4% in January, for a 7.2% gain from one year ago, according to Dow Jones.</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/28009f8e87ba9680b5b94d59ba7ac119","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":"1107279324","content_text":"U.S. stock futures rose in early morning trading on Wednesday as investors digested another batch of corporate earnings and tech shares looked to build on their rebound.Dow futures rose 247 points, or 0.7%. S&P 500 futures gained nearly 1% and Nasdaq 100 futures rose 1.2%.Tech stocks appeared poise to outperform on Wednesday, with chipmaker Advanced Micro Devices rising more than 1% after an upgrade from Daiwa Capital Markets. E-commerce stocks including Amazon and Shopify were pushing higher in premarket trading.Through Tuesday’s close, the Nasdaq Composite has gained more than 6% from its recent low on Jan. 27 after falling into correction territory earlier this year. Still, many Wall Street pros are cautious about the near term outlook for tech stocks amid rising interest rates and elevated market volatility.“While we are somewhat less cautious about expensive tech, we continue to encourage investors to be careful about unprofitable, expensive tech stocks with low quality scores,” Bernstein’s Toni Sacconaghi said in a note to clients. “We continue to have a preference toward lower priced/value tech names, and note that the least expensive quintile of tech has the highest expected 5-year growth outlook in more than a decade, and valuations are attractive relative to history.”On the earnings front, Chipotle rose more than 6% in after-hours trading on the back of its strong earnings, while Lyft tumbled nearly 4% after announcing it had fewer active riders than in the prior quarter.Solar stock Enphase Energy surged 20% in premarket trading after the company beat estimates on the top and bottom lines for the fourth quarter and delivered upbeat guidance.Bond yields cooled off Wednesday amid a dramatic surge in 2022, possibly giving a boost to tech. The benchmark 10-year Treasury note most recently yielded 1.93% after touching 1.97% on Tuesday.Mortgage applications dropped 10% week over week, however, as the rise in interest rates in recent months appears to have dampened demand among homebuyers.Yields have risen this year in part because of a more aggressive stance from the Federal Reserve. Atlanta Fed President Raphael Bostic told CNBC on Wednesday that three rate hikes are possible this year but that the central bank is not locked in to any path and will watch how the economy responds.Elsewhere, Peloton continued its rebound, rising more than 4% premarket the day after the company announced a restructuring plan that will include layoffs and the removal of its CEO. Despite a bumpy road, shares of the interactive fitness company are now positive year to date after soaring more than 25% in Tuesday trading.On Tuesday, the Dow Jones Industrial Average added more than 370 points, helped by a 7.8% pop in Amgen on the back of its strong earnings report. The S&P 500 also registered a gain, climbing 0.8%. The technology-focused Nasdaq Composite rose 1.3%.A handful of strong corporate earnings boosted sentiment on Tuesday, after a slow start to the week. Harley-Davidson, Chegg, DuPont and Centene all rose after reporting better-than-expected earnings.As of the closing bell on Tuesday, nearly 60% of all S&P 500 companies have reported fourth-quarter earnings and roughly 77% have topped Wall Street’s earnings estimates, according to FactSet.“We are wrapping up a very solid earnings season,” said Ryan Detrick of LPL Financial. “Sure, we had a high-profile blowup at Facebook, but overall we’ve seen impressive news from corporate America.”Disney, Mattel, MGM Resorts and Uber Technologies will release results after the bell on Wednesday.Investors are also preparing for Thursday’s Consumer Price Index report, which will give an update on the inflation picture. The Fed has already signaled a monetary policy pivot in order to address the historically high price increases.The CPI report “has had a big bullseye on it all week and the truth is that headline number will likely be one of the highest we’ve ever seen,” Detrick said. “Now the good news is we are likely close to a major peak in inflation and this number very well could be the peak. We’ve seen some improvements in supply chains lately and this is the first clue we are nearing a peak in inflation as well.”The inflation data is estimated to show that prices rose 0.4% in January, for a 7.2% gain from one year ago, according to Dow Jones.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"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":100484016,"commentId":"100484016","gmtCreate":1644451850694,"gmtModify":1663243552640,"authorId":3568077096460628,"author":{"id":3568077096460628,"idStr":"3568077096460628","authorId":3568077096460628,"name":"Autumnbees","avatar":"https://static.tigerbbs.com/5373ec9f4d536c956079b137f2a04cff","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9096434854,"objectIdStr":"9096434854","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Double yay! 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