FlyMeToMoon
2021-04-22
Is today’s green a time to offload or ride? 😜
S&P 500 is flat as market struggles for a direction
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The Dow Jones Industrial Average dipped 56 points, while the Nasdaq Composite traded around the flatline.</p><p><img src=\"https://static.tigerbbs.com/62d23a87f9d782585bf07d2007a7b057\" tg-width=\"1080\" tg-height=\"461\" referrerpolicy=\"no-referrer\"></p><p>Shares of Southwest Airlines rose 1.6% after the carrier said leisure travel bookings continue to rise and that it expects to break even \"or better\" by June.Southwest also posted a narrower-than-expected loss for the first quarter.</p><p>American Airlines rallied 3% after the company said its cash flow turned positive by the end of the quarter, excluding debt payments.</p><p>The market remained little changed after a better-than-expected reading on weekly jobless claims. The Labor Department said Thursday that first-time claims for unemployment insurance totaled 547,000,which was below the Dow Jones estimate for 603,000.</p><p>Stocks rose on Wednesday during regular trading hours, snapping a two-day losing streak, as companies tied to the economy reopening led the way higher. The Dow advanced 316 points, or 0.93%, while the S&P 500 rose 0.93%. 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The Dow Jones Industrial Average dipped 56 points, while the Nasdaq Composite traded around the flatline.</p><p><img src=\"https://static.tigerbbs.com/62d23a87f9d782585bf07d2007a7b057\" tg-width=\"1080\" tg-height=\"461\" referrerpolicy=\"no-referrer\"></p><p>Shares of Southwest Airlines rose 1.6% after the carrier said leisure travel bookings continue to rise and that it expects to break even \"or better\" by June.Southwest also posted a narrower-than-expected loss for the first quarter.</p><p>American Airlines rallied 3% after the company said its cash flow turned positive by the end of the quarter, excluding debt payments.</p><p>The market remained little changed after a better-than-expected reading on weekly jobless claims. The Labor Department said Thursday that first-time claims for unemployment insurance totaled 547,000,which was below the Dow Jones estimate for 603,000.</p><p>Stocks rose on Wednesday during regular trading hours, snapping a two-day losing streak, as companies tied to the economy reopening led the way higher. The Dow advanced 316 points, or 0.93%, while the S&P 500 rose 0.93%. The Nasdaq Composite was the relative outperformer of the major indices, rallying 1.19%.</p><p>Small caps were a particular point of strength during the session, with the Russell 2000 ending the day 2.35% higher for its best day since March 1.</p><p>The Dow and S&P 500 are less than 1% away from reclaiming their record highs, reached last Friday, amid ongoing optimism over the pace of the economic recovery.</p><p>“Stocks continue to fire on almost ‘all cylinders’ and remain in a strong position as the bull expands across the cyclical, secular, and increasingly the defensive [sector] with an economy on the offensive,” noted strategists at Evercore ISI. “The sum of which in conjunction with rising metals and materials, a milquetoast dollar, and a 10-year at 1.55%, offers the technical definition of ‘Goldilocks’ as we consolidate the powerful rally atop key support,” the firm said.</p><p>A busy week of earnings season continued on Thursday with a host of companies set to report quarterly results.Intel,Snap,Mattel,Boston Beer and Seagate Technology will report after the market closes.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141448708","content_text":"U.S stocks were muted on Thursday following a strong day of gains as the market struggled for a direction after a big rally to start the year.The S&P 500 dipped just 0.1%. The Dow Jones Industrial Average dipped 56 points, while the Nasdaq Composite traded around the flatline.Shares of Southwest Airlines rose 1.6% after the carrier said leisure travel bookings continue to rise and that it expects to break even \"or better\" by June.Southwest also posted a narrower-than-expected loss for the first quarter.American Airlines rallied 3% after the company said its cash flow turned positive by the end of the quarter, excluding debt payments.The market remained little changed after a better-than-expected reading on weekly jobless claims. The Labor Department said Thursday that first-time claims for unemployment insurance totaled 547,000,which was below the Dow Jones estimate for 603,000.Stocks rose on Wednesday during regular trading hours, snapping a two-day losing streak, as companies tied to the economy reopening led the way higher. The Dow advanced 316 points, or 0.93%, while the S&P 500 rose 0.93%. The Nasdaq Composite was the relative outperformer of the major indices, rallying 1.19%.Small caps were a particular point of strength during the session, with the Russell 2000 ending the day 2.35% higher for its best day since March 1.The Dow and S&P 500 are less than 1% away from reclaiming their record highs, reached last Friday, amid ongoing optimism over the pace of the economic recovery.“Stocks continue to fire on almost ‘all cylinders’ and remain in a strong position as the bull expands across the cyclical, secular, and increasingly the defensive [sector] with an economy on the offensive,” noted strategists at Evercore ISI. “The sum of which in conjunction with rising metals and materials, a milquetoast dollar, and a 10-year at 1.55%, offers the technical definition of ‘Goldilocks’ as we consolidate the powerful rally atop key support,” the firm said.A busy week of earnings season continued on Thursday with a host of companies set to report quarterly results.Intel,Snap,Mattel,Boston Beer and Seagate Technology will report after the market closes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"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":37,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/376699489"}
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