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2021-08-04
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Wall Street set to pull back after S&P hits record high
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Editing by Arun Koyyur)</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>Wall Street set to pull back after S&P hits record high</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; 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}\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\">\nWall Street set to pull back after S&P hits record high\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-08-04 20:44</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)</p>\n<ul>\n <li>GM slides despite posting quarterly profit.</li>\n <li>Banks track weakness in Treasury yields.</li>\n <li>Amazon.com, Netflix, <a href=\"https://laohu8.com/S/FB\">Facebook</a> among rare gainers.</li>\n <li>Futures off: Dow 0.30%, S&P 0.25%, Nasdaq 0.13%.</li>\n</ul>\n<p>Aug 4 (Reuters) - Wall Street's main indexes were set to open lower on Wednesday following a record close for the S&P 500, while focus turned to data on the services sector for cues on whether a domestic economic rebound was stalling.</p>\n<p>General Motors Co slid 3.6% even as it swung to a profit in the second quarter and lifted its full-year forecast.</p>\n<p>Technology stocks including Netflix Inc , Amazon.com Inc and Facebook Inc , deemed \"stay-at-home-winners\" during last year's COVID-19 lockdowns, were among the few gainers in premarket trading.</p>\n<p>Demand for the growth stocks returned, rotating away from economy-linked sectors that include financials, industrials and energy, as signs of a slowing economic recovery and fresh COVID-19 fears hit bond yields and capped gains in riskier equities.</p>\n<p>\"The drop in bond yields is like a canary in the coal mine and is for now helping growth stocks, while large cyclical stocks are showing signs of weakness maybe because investors are questioning the passage of the huge infrastructure package,\" said Sam Stovall, chief investment strategist at CFRA Research.</p>\n<p>Investor sentiment received a boost on Monday after the Senate introduced a $1 trillion infrastructure bill, but the Democratic and Republican leaders have squabbled over debate on amendments.</p>\n<p>Meanwhile, data on Wednesday showed U.S. private payrolls increased far less than expected in July, likely constrained by shortages of workers and raw materials.</p>\n<p>Focus now turns to the services sector activity data later in the day and the Labor Department's monthly jobs report on Friday.</p>\n<p>At 8:36 a.m. ET, Dow e-minis were down 104 points, or 0.3%, S&P 500 e-minis were down 11.25 points, or 0.25%, and Nasdaq 100 e-minis were down 20 points, or 0.13%.</p>\n<p>Banking stocks fell between 0.4% and 1.2%, tracking weakness in the benchmark 10-year Treasury yield.</p>\n<p>BorgWarner Inc slid 2.6% even as it beat profit expectations on strong consumer demand for new vehicles, while Kraft Heinz Co edged down 0.8% despite beating expectations for quarterly net sales.</p>\n<p>Although second-quarter earnings from S&P 500 firms have so far been much better than expected, their shares have retreated as investors booked profits on lofty valuations.</p>\n<p>Robinhood Markets Inc jumped 15.8%, setting up for a fourth straight session of gains after its tepid IPO last week, as star investor Cathie Wood's <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a> bought more shares of the online brokerage.</p>\n<p>(Reporting by Sagarika Jaisinghani and Shashank Nayar in Bengaluru; Editing by Arun Koyyur)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","QQQ":"纳指100ETF","SH":"标普500反向ETF","DXD":"道指两倍做空ETF","QID":"纳指两倍做空ETF","TQQQ":"纳指三倍做多ETF","DDM":"道指两倍做多ETF",".DJI":"道琼斯","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite","IVV":"标普500指数ETF","DOG":"道指反向ETF","SDOW":"道指三倍做空ETF-ProShares",".SPX":"S&P 500 Index","OEX":"标普100","PSQ":"纳指反向ETF","QLD":"纳指两倍做多ETF","QNETCN":"纳斯达克中美互联网老虎指数","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF","DJX":"1/100道琼斯","OEF":"标普100指数ETF-iShares","SQQQ":"纳指三倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156602109","content_text":"(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)\n\nGM slides despite posting quarterly profit.\nBanks track weakness in Treasury yields.\nAmazon.com, Netflix, Facebook among rare gainers.\nFutures off: Dow 0.30%, S&P 0.25%, Nasdaq 0.13%.\n\nAug 4 (Reuters) - Wall Street's main indexes were set to open lower on Wednesday following a record close for the S&P 500, while focus turned to data on the services sector for cues on whether a domestic economic rebound was stalling.\nGeneral Motors Co slid 3.6% even as it swung to a profit in the second quarter and lifted its full-year forecast.\nTechnology stocks including Netflix Inc , Amazon.com Inc and Facebook Inc , deemed \"stay-at-home-winners\" during last year's COVID-19 lockdowns, were among the few gainers in premarket trading.\nDemand for the growth stocks returned, rotating away from economy-linked sectors that include financials, industrials and energy, as signs of a slowing economic recovery and fresh COVID-19 fears hit bond yields and capped gains in riskier equities.\n\"The drop in bond yields is like a canary in the coal mine and is for now helping growth stocks, while large cyclical stocks are showing signs of weakness maybe because investors are questioning the passage of the huge infrastructure package,\" said Sam Stovall, chief investment strategist at CFRA Research.\nInvestor sentiment received a boost on Monday after the Senate introduced a $1 trillion infrastructure bill, but the Democratic and Republican leaders have squabbled over debate on amendments.\nMeanwhile, data on Wednesday showed U.S. private payrolls increased far less than expected in July, likely constrained by shortages of workers and raw materials.\nFocus now turns to the services sector activity data later in the day and the Labor Department's monthly jobs report on Friday.\nAt 8:36 a.m. ET, Dow e-minis were down 104 points, or 0.3%, S&P 500 e-minis were down 11.25 points, or 0.25%, and Nasdaq 100 e-minis were down 20 points, or 0.13%.\nBanking stocks fell between 0.4% and 1.2%, tracking weakness in the benchmark 10-year Treasury yield.\nBorgWarner Inc slid 2.6% even as it beat profit expectations on strong consumer demand for new vehicles, while Kraft Heinz Co edged down 0.8% despite beating expectations for quarterly net sales.\nAlthough second-quarter earnings from S&P 500 firms have so far been much better than expected, their shares have retreated as investors booked profits on lofty valuations.\nRobinhood Markets Inc jumped 15.8%, setting up for a fourth straight session of gains after its tepid IPO last week, as star investor Cathie Wood's ARK Innovation ETF bought more shares of the online brokerage.\n(Reporting by Sagarika Jaisinghani and Shashank Nayar in Bengaluru; Editing by Arun Koyyur)","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"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":1,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/890394281"}
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