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2021-05-10
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Toplines Before US Market Open on Monday
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Dow futures are ahead by 0.29%, while contracts linked to the Nasdaq are off by 0.39% and the S&P 500 is hugging the flatline. The bet, known as the reflation trade, would see stocks more sensitive to the economic cycle outperform their peers as businesses reopen following the coronavirus pandemic.At 8:05 a.m. ET, Dow E-minis were up 101 points, or ","content":"<ul><li>Dow Jones rises, Nasdaq edges down as traders begin the new week.</li><li>Most of Blockchain stocks、Chinese tech stocks fell in premarket trading.</li><li>Marriott, Coty, BioNTech, Tyson Foods & more making the biggest moves premarket.</li><li>Commodities are getting another dose of supercycle today.</li><li>Ethereum (ETH-USD), the world's second-largest cryptocurrency,soared above $4,000for the first time.</li><li>Dogecoinretraced its steps to the $0.50/level.</li></ul><p>(May 10) The new week is starting with some familiar investing trends as cyclicals look poised to notch modest gains this morningwith tech on the back foot. Dow futures are ahead by 0.29%, while contracts linked to the Nasdaq are off by 0.39% and the S&P 500 is hugging the flatline. The bet, known as the reflation trade, would see stocks more sensitive to the economic cycle outperform their peers as businesses reopen following the coronavirus pandemic.</p><p><img src=\"https://static.tigerbbs.com/fbf94159e064a18f447eef2079f91fac\" tg-width=\"1242\" tg-height=\"504\" referrerpolicy=\"no-referrer\"></p><p>At 8:05 a.m. ET, Dow E-minis were up 101 points, or 0.29%, S&P 500 E-minis were up 2.75 points, or 0.07% and Nasdaq 100 E-minis were down 54 points, or 0.39%.</p><p>Most of Blockchain stocks fell in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/8298edd3f3eab3406f7f8947e325c9d1\" tg-width=\"327\" tg-height=\"323\" referrerpolicy=\"no-referrer\"></p><p>Most of Chinese tech stocks fell in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/b73bf1311e3100262507a3e2ce0cba92\" tg-width=\"337\" tg-height=\"482\" referrerpolicy=\"no-referrer\"></p><p><i>Analyst commentary:</i>\"We would not read too much into any one jobs report, and continue to think the labor market remains on track and will be more than enough to underpin consumer confidence and consumption,\" Wells Fargo's Sameer Samanadeclared. He thinks cyclical stocks will continue to be favored over defensive shares, and jobs growth still likely to accelerate in the months ahead.</p><p><b>Prices on the rise:</b>Commodities are getting another dose of supercycle today, with gasoline and crude oil rising after a cyberattackforced the closureof the East Coast Colonial Pipeline. Iron ore futures and copper also jumped to fresh records, before a U.S. CPI report this week that is forecast to show prices rising further in April. A slew of Fed speakers will discuss the recent trends this week, as well as how inflation could affect monetary policy and economic growth.</p><p>Things are on the move in the cryptosphere as well. Ethereum (ETH-USD), the world's second-largest cryptocurrency,soared above $4,000for the first time, while Dogecoinretraced its steps to the $0.50/level.</p><p><b>Stocks making the biggest moves premarket:</b></p><p>1) Marriott(MAR) – Marriott earned an adjusted 10 cents per share for the first quarter, beating the 3 cent consensus estimate, with the hotel operator’s revenue very slightly below forecasts. Marriott said it was seeing a rebound in demand as more people receive Covid-19 vaccinations. Shares fell 1.2% in premarket trading.</p><p>2) Coty(COTY) – Coty reported a breakeven fiscal third quarter, matching analysts’ estimates, with revenue in line with estimates as well. Sales were 3.3% below year-ago levels as European lockdowns muted demand for Coty’s cosmetics.</p><p>3) Energizer Holdings(ENR) – Energizer shares rose 1.7% in premarket action, after the company reported adjusted quarterly earnings of 77 cents per share compared with the 60 cent consensus estimate. Revenue also beat projections, and the maker of batteries and other household products raised its full-year forecast.</p><p>4) US Foods(USFD) – The food distributor’s stock was up 1% in the premarket, after it beat estimates by 7 cents with adjusted quarterly earnings of 12 cents per share. Revenue also topped estimates despite pandemic-related pressure on sales volume. The bottom line was helped by lower expenses.</p><p>5) BioNTech(BNTX) – The drug maker beat estimates on both the top and bottom lines for the first quarter, helping its stock surge by 8.7% in premarket action. BioNTech also said there’s no current evidence that points to the need to adapt its Covid-19 vaccine to emerging variants of the virus, although it is prepared to do so if necessary.</p><p>6) Tyson Foods(TSN) – The beef and poultry producer earned an adjusted $1.34 per share for its fiscal second quarter, beating the $1.12 consensus estimate, with revenue also above forecasts. Tyson said it expects its chicken segment to continue to experience some pressure due to a challenging labor environment and severe winter weather.</p><p>7) Viatris(VTRS) – Viatris shares added 2.6% premarket trading despite slightly lower-than-expected profit. Sales beat estimates and the healthcare company declared its first quarterly dividend of 11 cents per share. Viatris was created last year by a merger ofPfizer’sUpjohn unit and generic drug maker Mylan.</p><p>8) Freeport McMoran(FCX),Hecla Mining(HL),Southern Copper(SCCO) – These and other copper mining companies are getting a boost as copper prices hit record highs on tight supply and expectations of high demand. Freeport-McMoran rose 3.3% in the premarket, while Hecla jumped 3.6% and Southern Copper jumped 3.4%.</p><p>9) Simon Property(SPG) – The mall operator and Authentic Brands are buying apparel retailer Eddie Bauer from private equity firm Golden Gate Capital for an undisclosed amount. Eddie Bauer will join several other well-known brand names owned by the two companies, including Aeropostale, Forever 21 and Brooks Brothers.</p><p>10) AstraZeneca(AZN) — AstraZeneca may skip applying to the FDA for emergency use authorization for its Covid-19 vaccine, according to people familiar with the matterwho spoke to the Wall Street Journal. It would instead focus on the more lengthy full-approval process.</p><p>11) Box Inc.(BOX) – Activist investor Starboard Value is putting up a minority directors slate for the board of software company Box, according to aBloomberg report. Starboard owns an 8% stake in Box, but does not feel that performance has improved sufficiently since it invested in 2019.</p><p>12) Live Nation Entertainment(LYV) – Live Nation wasupgraded to “buy” from “hold” at Jefferies, which said a 13% pullback has provided an attractive entry point for the concert and live event promoter. Jefferies calls Live Nation a “pure-play recovery” and long-term growth story, and the company’s shares added 1.3% in premarket trading.</p><p>13) Intel(INTC) – UK competition regulators have begun a formal inquiry into the proposed acquisition of Intel’s flash memory and solid state hard drive businesses by South Korea’s SK Hynix. Intel agreed to sell the units to Hynix in October for about $9 billion. Regulators want to determine if the transaction would lead to a substantial lessening of competition.</p>","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>Toplines Before US Market Open on Monday</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\">\nToplines Before US Market Open on Monday\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\">2021-05-10 20:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Dow Jones rises, Nasdaq edges down as traders begin the new week.</li><li>Most of Blockchain stocks、Chinese tech stocks fell in premarket trading.</li><li>Marriott, Coty, BioNTech, Tyson Foods & more making the biggest moves premarket.</li><li>Commodities are getting another dose of supercycle today.</li><li>Ethereum (ETH-USD), the world's second-largest cryptocurrency,soared above $4,000for the first time.</li><li>Dogecoinretraced its steps to the $0.50/level.</li></ul><p>(May 10) The new week is starting with some familiar investing trends as cyclicals look poised to notch modest gains this morningwith tech on the back foot. Dow futures are ahead by 0.29%, while contracts linked to the Nasdaq are off by 0.39% and the S&P 500 is hugging the flatline. The bet, known as the reflation trade, would see stocks more sensitive to the economic cycle outperform their peers as businesses reopen following the coronavirus pandemic.</p><p><img src=\"https://static.tigerbbs.com/fbf94159e064a18f447eef2079f91fac\" tg-width=\"1242\" tg-height=\"504\" referrerpolicy=\"no-referrer\"></p><p>At 8:05 a.m. ET, Dow E-minis were up 101 points, or 0.29%, S&P 500 E-minis were up 2.75 points, or 0.07% and Nasdaq 100 E-minis were down 54 points, or 0.39%.</p><p>Most of Blockchain stocks fell in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/8298edd3f3eab3406f7f8947e325c9d1\" tg-width=\"327\" tg-height=\"323\" referrerpolicy=\"no-referrer\"></p><p>Most of Chinese tech stocks fell in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/b73bf1311e3100262507a3e2ce0cba92\" tg-width=\"337\" tg-height=\"482\" referrerpolicy=\"no-referrer\"></p><p><i>Analyst commentary:</i>\"We would not read too much into any one jobs report, and continue to think the labor market remains on track and will be more than enough to underpin consumer confidence and consumption,\" Wells Fargo's Sameer Samanadeclared. He thinks cyclical stocks will continue to be favored over defensive shares, and jobs growth still likely to accelerate in the months ahead.</p><p><b>Prices on the rise:</b>Commodities are getting another dose of supercycle today, with gasoline and crude oil rising after a cyberattackforced the closureof the East Coast Colonial Pipeline. Iron ore futures and copper also jumped to fresh records, before a U.S. CPI report this week that is forecast to show prices rising further in April. A slew of Fed speakers will discuss the recent trends this week, as well as how inflation could affect monetary policy and economic growth.</p><p>Things are on the move in the cryptosphere as well. Ethereum (ETH-USD), the world's second-largest cryptocurrency,soared above $4,000for the first time, while Dogecoinretraced its steps to the $0.50/level.</p><p><b>Stocks making the biggest moves premarket:</b></p><p>1) Marriott(MAR) – Marriott earned an adjusted 10 cents per share for the first quarter, beating the 3 cent consensus estimate, with the hotel operator’s revenue very slightly below forecasts. Marriott said it was seeing a rebound in demand as more people receive Covid-19 vaccinations. Shares fell 1.2% in premarket trading.</p><p>2) Coty(COTY) – Coty reported a breakeven fiscal third quarter, matching analysts’ estimates, with revenue in line with estimates as well. Sales were 3.3% below year-ago levels as European lockdowns muted demand for Coty’s cosmetics.</p><p>3) Energizer Holdings(ENR) – Energizer shares rose 1.7% in premarket action, after the company reported adjusted quarterly earnings of 77 cents per share compared with the 60 cent consensus estimate. Revenue also beat projections, and the maker of batteries and other household products raised its full-year forecast.</p><p>4) US Foods(USFD) – The food distributor’s stock was up 1% in the premarket, after it beat estimates by 7 cents with adjusted quarterly earnings of 12 cents per share. Revenue also topped estimates despite pandemic-related pressure on sales volume. The bottom line was helped by lower expenses.</p><p>5) BioNTech(BNTX) – The drug maker beat estimates on both the top and bottom lines for the first quarter, helping its stock surge by 8.7% in premarket action. BioNTech also said there’s no current evidence that points to the need to adapt its Covid-19 vaccine to emerging variants of the virus, although it is prepared to do so if necessary.</p><p>6) Tyson Foods(TSN) – The beef and poultry producer earned an adjusted $1.34 per share for its fiscal second quarter, beating the $1.12 consensus estimate, with revenue also above forecasts. Tyson said it expects its chicken segment to continue to experience some pressure due to a challenging labor environment and severe winter weather.</p><p>7) Viatris(VTRS) – Viatris shares added 2.6% premarket trading despite slightly lower-than-expected profit. Sales beat estimates and the healthcare company declared its first quarterly dividend of 11 cents per share. Viatris was created last year by a merger ofPfizer’sUpjohn unit and generic drug maker Mylan.</p><p>8) Freeport McMoran(FCX),Hecla Mining(HL),Southern Copper(SCCO) – These and other copper mining companies are getting a boost as copper prices hit record highs on tight supply and expectations of high demand. Freeport-McMoran rose 3.3% in the premarket, while Hecla jumped 3.6% and Southern Copper jumped 3.4%.</p><p>9) Simon Property(SPG) – The mall operator and Authentic Brands are buying apparel retailer Eddie Bauer from private equity firm Golden Gate Capital for an undisclosed amount. Eddie Bauer will join several other well-known brand names owned by the two companies, including Aeropostale, Forever 21 and Brooks Brothers.</p><p>10) AstraZeneca(AZN) — AstraZeneca may skip applying to the FDA for emergency use authorization for its Covid-19 vaccine, according to people familiar with the matterwho spoke to the Wall Street Journal. It would instead focus on the more lengthy full-approval process.</p><p>11) Box Inc.(BOX) – Activist investor Starboard Value is putting up a minority directors slate for the board of software company Box, according to aBloomberg report. Starboard owns an 8% stake in Box, but does not feel that performance has improved sufficiently since it invested in 2019.</p><p>12) Live Nation Entertainment(LYV) – Live Nation wasupgraded to “buy” from “hold” at Jefferies, which said a 13% pullback has provided an attractive entry point for the concert and live event promoter. Jefferies calls Live Nation a “pure-play recovery” and long-term growth story, and the company’s shares added 1.3% in premarket trading.</p><p>13) Intel(INTC) – UK competition regulators have begun a formal inquiry into the proposed acquisition of Intel’s flash memory and solid state hard drive businesses by South Korea’s SK Hynix. Intel agreed to sell the units to Hynix in October for about $9 billion. Regulators want to determine if the transaction would lead to a substantial lessening of competition.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159490684","content_text":"Dow Jones rises, Nasdaq edges down as traders begin the new week.Most of Blockchain stocks、Chinese tech stocks fell in premarket trading.Marriott, Coty, BioNTech, Tyson Foods & more making the biggest moves premarket.Commodities are getting another dose of supercycle today.Ethereum (ETH-USD), the world's second-largest cryptocurrency,soared above $4,000for the first time.Dogecoinretraced its steps to the $0.50/level.(May 10) The new week is starting with some familiar investing trends as cyclicals look poised to notch modest gains this morningwith tech on the back foot. Dow futures are ahead by 0.29%, while contracts linked to the Nasdaq are off by 0.39% and the S&P 500 is hugging the flatline. The bet, known as the reflation trade, would see stocks more sensitive to the economic cycle outperform their peers as businesses reopen following the coronavirus pandemic.At 8:05 a.m. ET, Dow E-minis were up 101 points, or 0.29%, S&P 500 E-minis were up 2.75 points, or 0.07% and Nasdaq 100 E-minis were down 54 points, or 0.39%.Most of Blockchain stocks fell in premarket trading.Most of Chinese tech stocks fell in premarket trading.Analyst commentary:\"We would not read too much into any one jobs report, and continue to think the labor market remains on track and will be more than enough to underpin consumer confidence and consumption,\" Wells Fargo's Sameer Samanadeclared. He thinks cyclical stocks will continue to be favored over defensive shares, and jobs growth still likely to accelerate in the months ahead.Prices on the rise:Commodities are getting another dose of supercycle today, with gasoline and crude oil rising after a cyberattackforced the closureof the East Coast Colonial Pipeline. Iron ore futures and copper also jumped to fresh records, before a U.S. CPI report this week that is forecast to show prices rising further in April. A slew of Fed speakers will discuss the recent trends this week, as well as how inflation could affect monetary policy and economic growth.Things are on the move in the cryptosphere as well. Ethereum (ETH-USD), the world's second-largest cryptocurrency,soared above $4,000for the first time, while Dogecoinretraced its steps to the $0.50/level.Stocks making the biggest moves premarket:1) Marriott(MAR) – Marriott earned an adjusted 10 cents per share for the first quarter, beating the 3 cent consensus estimate, with the hotel operator’s revenue very slightly below forecasts. Marriott said it was seeing a rebound in demand as more people receive Covid-19 vaccinations. Shares fell 1.2% in premarket trading.2) Coty(COTY) – Coty reported a breakeven fiscal third quarter, matching analysts’ estimates, with revenue in line with estimates as well. Sales were 3.3% below year-ago levels as European lockdowns muted demand for Coty’s cosmetics.3) Energizer Holdings(ENR) – Energizer shares rose 1.7% in premarket action, after the company reported adjusted quarterly earnings of 77 cents per share compared with the 60 cent consensus estimate. Revenue also beat projections, and the maker of batteries and other household products raised its full-year forecast.4) US Foods(USFD) – The food distributor’s stock was up 1% in the premarket, after it beat estimates by 7 cents with adjusted quarterly earnings of 12 cents per share. Revenue also topped estimates despite pandemic-related pressure on sales volume. The bottom line was helped by lower expenses.5) BioNTech(BNTX) – The drug maker beat estimates on both the top and bottom lines for the first quarter, helping its stock surge by 8.7% in premarket action. BioNTech also said there’s no current evidence that points to the need to adapt its Covid-19 vaccine to emerging variants of the virus, although it is prepared to do so if necessary.6) Tyson Foods(TSN) – The beef and poultry producer earned an adjusted $1.34 per share for its fiscal second quarter, beating the $1.12 consensus estimate, with revenue also above forecasts. Tyson said it expects its chicken segment to continue to experience some pressure due to a challenging labor environment and severe winter weather.7) Viatris(VTRS) – Viatris shares added 2.6% premarket trading despite slightly lower-than-expected profit. Sales beat estimates and the healthcare company declared its first quarterly dividend of 11 cents per share. Viatris was created last year by a merger ofPfizer’sUpjohn unit and generic drug maker Mylan.8) Freeport McMoran(FCX),Hecla Mining(HL),Southern Copper(SCCO) – These and other copper mining companies are getting a boost as copper prices hit record highs on tight supply and expectations of high demand. Freeport-McMoran rose 3.3% in the premarket, while Hecla jumped 3.6% and Southern Copper jumped 3.4%.9) Simon Property(SPG) – The mall operator and Authentic Brands are buying apparel retailer Eddie Bauer from private equity firm Golden Gate Capital for an undisclosed amount. Eddie Bauer will join several other well-known brand names owned by the two companies, including Aeropostale, Forever 21 and Brooks Brothers.10) AstraZeneca(AZN) — AstraZeneca may skip applying to the FDA for emergency use authorization for its Covid-19 vaccine, according to people familiar with the matterwho spoke to the Wall Street Journal. It would instead focus on the more lengthy full-approval process.11) Box Inc.(BOX) – Activist investor Starboard Value is putting up a minority directors slate for the board of software company Box, according to aBloomberg report. Starboard owns an 8% stake in Box, but does not feel that performance has improved sufficiently since it invested in 2019.12) Live Nation Entertainment(LYV) – Live Nation wasupgraded to “buy” from “hold” at Jefferies, which said a 13% pullback has provided an attractive entry point for the concert and live event promoter. Jefferies calls Live Nation a “pure-play recovery” and long-term growth story, and the company’s shares added 1.3% in premarket trading.13) Intel(INTC) – UK competition regulators have begun a formal inquiry into the proposed acquisition of Intel’s flash memory and solid state hard drive businesses by South Korea’s SK Hynix. Intel agreed to sell the units to Hynix in October for about $9 billion. Regulators want to determine if the transaction would lead to a substantial lessening of competition.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"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":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/190703332"}
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