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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":144588738,"tweetId":"144588738","gmtCreate":1626306237524,"gmtModify":1631890939545,"author":{"id":3582717351233935,"idStr":"3582717351233935","authorId":3582717351233935,"authorIdStr":"3582717351233935","name":"AhTan7","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":9,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Ok</body></html>","htmlText":"<html><head></head><body>Ok</body></html>","text":"Ok","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/144588738","repostId":2151548173,"repostType":4,"repost":{"id":"2151548173","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626294120,"share":"https://www.laohu8.com/m/news/2151548173?lang=&edition=full","pubTime":"2021-07-15 04:22","market":"hk","language":"en","title":"Dow, S&P 500 end higher after Powell stresses time not right to pull back Fed support","url":"https://stock-news.laohu8.com/highlight/detail?id=2151548173","media":"Dow Jones","summary":"S&P 500 sets fresh all-time high Wednesday, 10-year Treasury yield falls.\n\nU.S. stock indexes closed","content":"<blockquote>\n S&amp;P 500 sets fresh all-time high Wednesday, 10-year Treasury yield falls.\n</blockquote>\nU.S. stock indexes closed mostly higher, near record territory Wednesday, after Federal Reserve Chairman Jerome Powell kicked off two days of testimony in which a sharp rise in inflation has been a key focus.\nThe Fed chief said the labor market, although improving, has a long way to go toward recovering from the pandemic, despite recent record high job openings.\nInvestors also watched the 10-year Treasury yield fall Wednesday and digested another batch of quarterly results from the nation's largest financial institutions.\nHow did stock benchmarks do?\nOn Tuesday , the Dow fell 107.39 points, or 0.3%, to end at 34,888.79; the S&amp;P 500 index declined 15.42 points, or 0.4%, to close at 4,369.21, and the Nasdaq Composite fell 55.59 points, or 0.4%, finishing at 14,677.65. The small-capitalization Russell 2000 index dropped 1.9%.\nWhat drove the market?\nAll eyes were on Fed Chair Powell Wednesday, in his first of two days of testimony before Congress about the state of the economy, easy monetary policies, skyrocketing U.S. home prices and the climbing cost of living.\nPowell said low interest rates and a lack of supply contributed to the housing affordability crisis, but also stressed that fortunately the \"reckless\" and \"irresponsible lending\" practices that proliferated in run up to the 2008 financial crisis \"are not happening, at least so far.\"\nRead: Powell plays down direct link of Fed's purchases of mortgage bonds and the spike in home prices\nThe Fed chief also said rising house prices underscored the \"uneven\" nature of the U.S. economic recovery, while stressing that further improvements in the labor market would be needed for the central bank to start tightening monetary policy.\nPowell also said discussions will remain ongoing in the coming months about a potential pathway to eventually tapering the Fed's asset-purchase program, currently running at $120 billion a month.\nInflation worries were back in focus Wednesday after the June producer-price index came in hotter than expected , confirming that inflation is on the rise as the economy attempts to bounce back from the COVID pandemic. The PPI jumped 1% last month compared with analysts forecasts for a 0.6% rise. The pace of wholesale inflation over the past 12 months moved up to 7.3% from 6.6% in May.\nThe PPI data followed higher consumer price inflation data on Tuesday which showed prices rose 5.4% in the year to June, the highest rate since 2008, when oil hit a record $150 a barrel.\nImportantly, the central bank chief told the House Financial Services Committee, in his semiannual update to lawmakers Wednesday, that he was closely monitoring the current hot pace of inflation and that \"we would absolutely change our policy,\" if rising costs uprooted his expectations.\n\"The market has given them a vote of confidence,\" said Robert Tipp, chief investment strategist at PGIM Fixed Income, about the Treasury market's reaction to reassurances from Powell that the Fed will act, including by raising rates if needed, should runaway inflation take hold for a sustained period.\n\"We are passing the peak point of fear about inflation, and Treasury rates should begin to look ahead\" to a moderating pace of inflation this year, he told MarketWatch.\nThe move lower in the 10-year Treasury yield on Wednesday reinforced Tipp's earlier forecast that the benchmark Treasury yield will end 2021 below 1.5%, in part as markets adjust to expectations of lower, longer-term growth.\nSo far, most Fed members have not been flustered by the recent jump in inflation, like Powell, describing it as likely short-lived. San Francisco Fed President Mary Daly on Tuesday characterized the CPI print as just part of a temporary \"pop\" in inflation that won't last.\nThe central bank's latest Beige Book survey on the economy was released during Powell's testimony Wednesday, showing the U.S. is growing faster, helped along by consumer spending, but with the recovery restrained by widespread labor and supply shortages.\nAnother concern has been climbing COVID cases in the U.S. and across the globe, driven by the highly transmittable delta variant and fueling concerns about unvaccinated adults infecting children.\nCorporate earnings continued Wednesday, with BlackRock <a href=\"https://laohu8.com/S/BLK\">$(BLK)$</a> and Bank of America <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a> reporting revenue and profit that were better than forecast.\nIn Washington, President Joe Biden sounded upbeat about a deal reached by top Senate Democrats late Tuesday on a budget agreement that calls for spending $3.5 trillion on \"human infrastructure,\" efforts related to climate change and other Democratic priorities.\nSeparately Tuesday, a bipartisan group of senators continued working on a third measure that would spend around $1 trillion on roads, water systems and other infrastructure projects, another Biden priority.\nWhich companies were in focus?\nHow did other assets fare?","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, S&P 500 end higher after Powell stresses time not right to pull back Fed support</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; 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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, S&P 500 end higher after Powell stresses time not right to pull back Fed support\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\nDow Jones \n2021-07-15 04:22\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n S&amp;P 500 sets fresh all-time high Wednesday, 10-year Treasury yield falls.\n</blockquote>\nU.S. stock indexes closed mostly higher, near record territory Wednesday, after Federal Reserve Chairman Jerome Powell kicked off two days of testimony in which a sharp rise in inflation has been a key focus.\nThe Fed chief said the labor market, although improving, has a long way to go toward recovering from the pandemic, despite recent record high job openings.\nInvestors also watched the 10-year Treasury yield fall Wednesday and digested another batch of quarterly results from the nation's largest financial institutions.\nHow did stock benchmarks do?\nOn Tuesday , the Dow fell 107.39 points, or 0.3%, to end at 34,888.79; the S&amp;P 500 index declined 15.42 points, or 0.4%, to close at 4,369.21, and the Nasdaq Composite fell 55.59 points, or 0.4%, finishing at 14,677.65. The small-capitalization Russell 2000 index dropped 1.9%.\nWhat drove the market?\nAll eyes were on Fed Chair Powell Wednesday, in his first of two days of testimony before Congress about the state of the economy, easy monetary policies, skyrocketing U.S. home prices and the climbing cost of living.\nPowell said low interest rates and a lack of supply contributed to the housing affordability crisis, but also stressed that fortunately the \"reckless\" and \"irresponsible lending\" practices that proliferated in run up to the 2008 financial crisis \"are not happening, at least so far.\"\nRead: Powell plays down direct link of Fed's purchases of mortgage bonds and the spike in home prices\nThe Fed chief also said rising house prices underscored the \"uneven\" nature of the U.S. economic recovery, while stressing that further improvements in the labor market would be needed for the central bank to start tightening monetary policy.\nPowell also said discussions will remain ongoing in the coming months about a potential pathway to eventually tapering the Fed's asset-purchase program, currently running at $120 billion a month.\nInflation worries were back in focus Wednesday after the June producer-price index came in hotter than expected , confirming that inflation is on the rise as the economy attempts to bounce back from the COVID pandemic. The PPI jumped 1% last month compared with analysts forecasts for a 0.6% rise. The pace of wholesale inflation over the past 12 months moved up to 7.3% from 6.6% in May.\nThe PPI data followed higher consumer price inflation data on Tuesday which showed prices rose 5.4% in the year to June, the highest rate since 2008, when oil hit a record $150 a barrel.\nImportantly, the central bank chief told the House Financial Services Committee, in his semiannual update to lawmakers Wednesday, that he was closely monitoring the current hot pace of inflation and that \"we would absolutely change our policy,\" if rising costs uprooted his expectations.\n\"The market has given them a vote of confidence,\" said Robert Tipp, chief investment strategist at PGIM Fixed Income, about the Treasury market's reaction to reassurances from Powell that the Fed will act, including by raising rates if needed, should runaway inflation take hold for a sustained period.\n\"We are passing the peak point of fear about inflation, and Treasury rates should begin to look ahead\" to a moderating pace of inflation this year, he told MarketWatch.\nThe move lower in the 10-year Treasury yield on Wednesday reinforced Tipp's earlier forecast that the benchmark Treasury yield will end 2021 below 1.5%, in part as markets adjust to expectations of lower, longer-term growth.\nSo far, most Fed members have not been flustered by the recent jump in inflation, like Powell, describing it as likely short-lived. San Francisco Fed President Mary Daly on Tuesday characterized the CPI print as just part of a temporary \"pop\" in inflation that won't last.\nThe central bank's latest Beige Book survey on the economy was released during Powell's testimony Wednesday, showing the U.S. is growing faster, helped along by consumer spending, but with the recovery restrained by widespread labor and supply shortages.\nAnother concern has been climbing COVID cases in the U.S. and across the globe, driven by the highly transmittable delta variant and fueling concerns about unvaccinated adults infecting children.\nCorporate earnings continued Wednesday, with BlackRock <a href=\"https://laohu8.com/S/BLK\">$(BLK)$</a> and Bank of America <a href=\"https://laohu8.com/S/BAC\">$(BAC)$</a> reporting revenue and profit that were better than forecast.\nIn Washington, President Joe Biden sounded upbeat about a deal reached by top Senate Democrats late Tuesday on a budget agreement that calls for spending $3.5 trillion on \"human infrastructure,\" efforts related to climate change and other Democratic priorities.\nSeparately Tuesday, a bipartisan group of senators continued working on a third measure that would spend around $1 trillion on roads, water systems and other infrastructure projects, another Biden priority.\nWhich companies were in focus?\nHow did other assets fare?\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BAC":"美国银行","SPXU":"三倍做空标普500ETF","SDS":"两倍做空标普500ETF","AAPL":"苹果","OEF":"标普100指数ETF-iShares","SH":"标普500反向ETF","UPRO":"三倍做多标普500ETF","POWL":"Powell Industries","BLK":"贝莱德","EL":"雅诗兰黛","SSO":"两倍做多标普500ETF","IVV":"标普500指数ETF","OEX":"标普100"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2151548173","content_text":"S&P 500 sets fresh all-time high Wednesday, 10-year Treasury yield falls.\n\nU.S. stock indexes closed mostly higher, near record territory Wednesday, after Federal Reserve Chairman Jerome Powell kicked off two days of testimony in which a sharp rise in inflation has been a key focus.\nThe Fed chief said the labor market, although improving, has a long way to go toward recovering from the pandemic, despite recent record high job openings.\nInvestors also watched the 10-year Treasury yield fall Wednesday and digested another batch of quarterly results from the nation's largest financial institutions.\nHow did stock benchmarks do?\nOn Tuesday , the Dow fell 107.39 points, or 0.3%, to end at 34,888.79; the S&P 500 index declined 15.42 points, or 0.4%, to close at 4,369.21, and the Nasdaq Composite fell 55.59 points, or 0.4%, finishing at 14,677.65. The small-capitalization Russell 2000 index dropped 1.9%.\nWhat drove the market?\nAll eyes were on Fed Chair Powell Wednesday, in his first of two days of testimony before Congress about the state of the economy, easy monetary policies, skyrocketing U.S. home prices and the climbing cost of living.\nPowell said low interest rates and a lack of supply contributed to the housing affordability crisis, but also stressed that fortunately the \"reckless\" and \"irresponsible lending\" practices that proliferated in run up to the 2008 financial crisis \"are not happening, at least so far.\"\nRead: Powell plays down direct link of Fed's purchases of mortgage bonds and the spike in home prices\nThe Fed chief also said rising house prices underscored the \"uneven\" nature of the U.S. economic recovery, while stressing that further improvements in the labor market would be needed for the central bank to start tightening monetary policy.\nPowell also said discussions will remain ongoing in the coming months about a potential pathway to eventually tapering the Fed's asset-purchase program, currently running at $120 billion a month.\nInflation worries were back in focus Wednesday after the June producer-price index came in hotter than expected , confirming that inflation is on the rise as the economy attempts to bounce back from the COVID pandemic. The PPI jumped 1% last month compared with analysts forecasts for a 0.6% rise. The pace of wholesale inflation over the past 12 months moved up to 7.3% from 6.6% in May.\nThe PPI data followed higher consumer price inflation data on Tuesday which showed prices rose 5.4% in the year to June, the highest rate since 2008, when oil hit a record $150 a barrel.\nImportantly, the central bank chief told the House Financial Services Committee, in his semiannual update to lawmakers Wednesday, that he was closely monitoring the current hot pace of inflation and that \"we would absolutely change our policy,\" if rising costs uprooted his expectations.\n\"The market has given them a vote of confidence,\" said Robert Tipp, chief investment strategist at PGIM Fixed Income, about the Treasury market's reaction to reassurances from Powell that the Fed will act, including by raising rates if needed, should runaway inflation take hold for a sustained period.\n\"We are passing the peak point of fear about inflation, and Treasury rates should begin to look ahead\" to a moderating pace of inflation this year, he told MarketWatch.\nThe move lower in the 10-year Treasury yield on Wednesday reinforced Tipp's earlier forecast that the benchmark Treasury yield will end 2021 below 1.5%, in part as markets adjust to expectations of lower, longer-term growth.\nSo far, most Fed members have not been flustered by the recent jump in inflation, like Powell, describing it as likely short-lived. San Francisco Fed President Mary Daly on Tuesday characterized the CPI print as just part of a temporary \"pop\" in inflation that won't last.\nThe central bank's latest Beige Book survey on the economy was released during Powell's testimony Wednesday, showing the U.S. is growing faster, helped along by consumer spending, but with the recovery restrained by widespread labor and supply shortages.\nAnother concern has been climbing COVID cases in the U.S. and across the globe, driven by the highly transmittable delta variant and fueling concerns about unvaccinated adults infecting children.\nCorporate earnings continued Wednesday, with BlackRock $(BLK)$ and Bank of America $(BAC)$ reporting revenue and profit that were better than forecast.\nIn Washington, President Joe Biden sounded upbeat about a deal reached by top Senate Democrats late Tuesday on a budget agreement that calls for spending $3.5 trillion on \"human infrastructure,\" efforts related to climate change and other Democratic priorities.\nSeparately Tuesday, a bipartisan group of senators continued working on a third measure that would spend around $1 trillion on roads, water systems and other infrastructure projects, another Biden priority.\nWhich companies were in focus?\nHow did other assets fare?","news_type":1},"isVote":1,"tweetType":1,"viewCount":372,"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":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/144588738"}