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the_ed
2021-04-30
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the_ed
2021-03-05
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","listText":"[强] ","text":"[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103978126","repostId":"2131534297","repostType":4,"repost":{"id":"2131534297","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619738974,"share":"https://www.laohu8.com/m/news/2131534297?lang=&edition=full","pubTime":"2021-04-30 07:29","market":"hk","language":"en","title":"Nio Reports Q1 Beat Amid Strong Demand, Forecasts Deliveries Growth Despite Chip Shortages","url":"https://stock-news.laohu8.com/highlight/detail?id=2131534297","media":"Tiger Newspress","summary":"Chinese EV manufacturer NIO Inc. (NYSE:NIO) announced Thursday first-quarter results that beat estim","content":"<p>Chinese EV manufacturer <b>NIO Inc. </b>(NYSE:NIO) announced Thursday first-quarter results that beat estimates. The company also issued above-consensus revenue guidance for the second quarter, with deliveries expected to grow despite the significant supply chain challenges.</p><p><b>Nio's Key Q2 Metrics: </b> Nio reported first-quarter non-GAAP net loss of 0.23 yuan, or 4 cents per share. This compares to a loss of 1.60 yuan per share reported a year ago. Revenues climbed 481.8% year-over-year and 20.2% quarter-over-quarter to 7.9823 billion yuan, or $1.2183 billion.</p><p>Analysts, on average, estimated a loss of 16 cents per share on revenues of $1.02 billion. The company had guided to revenues of $1.1314 billion to $1.1582 billion.</p><p>Vehicle revenues, accounting for 92.8% of the total revenues, came in at $1.1303 million. The 489.8% year-over-year increase in vehicle revenues was attributed to higher deliveries, expansion of sales networks and an easier comparison with the COVID-19-hit year-ago quarter.</p><p>Vehicle margin improved to 21.2% from a negative 7.4% in the year-ago quarter and 17.2% in the previous quarter.</p><p>Balance of cash and cash equivalents, restricted cash and short-term investment was $7.3 billion as of March. 31.</p><p><b>Delivery Momentum Continues: </b> As disclosed earlier, the company delivered 20,060 vehicles in its first quarter, a quarterly record and a 432% year-over-year increase.</p><p>The strong performance came despite the company having to shut down production at its Hefei plant for five working days, beginning March 29, due to shortage of chip supply.</p><p><b>Nio Amid Frenzied Activity: </b> Nio began the year with the unveiling of its first-ever sedan, dubbed ET7, at the Nio Day held in early January. The company also announced Power Swap Station 2.0 and new battery packs at the event.</p><p>The Power Swap Station 2.0, according to Nio, boosts the service capacity of each station to a maximum 312 times per day by shortening the battery swapping time to under three minutes.</p><p>The company announced a partnership with Chinese oil giant <b>Sinopec Shanghai Petrochemical Company Limited </b>(NYSE:SHI) for setting up its power swap station at the latter's gas filling station.</p><p>The company made positive headlines at the Shanghai Auto show held earlier this month.</p><p>Nio has scheduled a press conference on May 6 to announce its international expansion plan, with the first stop at Norway. It's also reportedly working on manufacturing a low-end vehicle model armed with lithium iron phosphate batteries.</p><p>The company also commenced construction of a smart EV part in collaboration with the Hefei municipal government. Reports suggest the company is doing the groundwork for a secondary listing in the Hong Kong stock exchange.</p><p>During the first quarter, the company tapped the debt market and sold $1.5 billion worth of convertible senior notes.</p><p><b>Nio's Guidance: </b> For the second quarter, Nio expects deliveries of 21,000-22,000 vehicles, up an estimated 103%-113% year-over-year and 5%-10% higher than in the previous quarter.</p><p>The company noted that overall demand for its products continues to be strong but the supply chain is still facing significant challenges due to the semiconductor shortage.</p><p>\"Going forward, we will continue to invest in new products and core technologies, as well as in our service and power network expansion, particularly battery swapping and charging facilities,\" said CFO Steven Wei Feng.</p><p>The company guided to second-quarter revenues of $1.243 billion to $1.298 billion, while the Street is modeling revenues of $1.21 billion.</p><p>Separately, Nio said it has convened an has called an extraordinary general meeting of shareholders on June 3 to consider and, if thought fit, pass the proposal to amend and restate the company's memorandum and articles of association.</p><p><b>Nio Stock: </b>Nio shares have been moving in a lackluster fashion ever since they hit a record high of $66.99 on Jan. 11. The stock has lost about 15% for the year-to-date period.</p><p>Reacting to the first-quarter results, the stock was down over 2% at one point in extended trading.Now the shares were up about 0.7%.</p><p><img src=\"https://static.tigerbbs.com/8c45ba4ede63272c12d730fec36e2b57\" tg-width=\"1302\" tg-height=\"833\"></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>Nio Reports Q1 Beat Amid Strong Demand, Forecasts Deliveries Growth Despite Chip Shortages</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\">\nNio Reports Q1 Beat Amid Strong Demand, Forecasts Deliveries Growth Despite Chip Shortages\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\">2021-04-30 07:29</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese EV manufacturer <b>NIO Inc. </b>(NYSE:NIO) announced Thursday first-quarter results that beat estimates. The company also issued above-consensus revenue guidance for the second quarter, with deliveries expected to grow despite the significant supply chain challenges.</p><p><b>Nio's Key Q2 Metrics: </b> Nio reported first-quarter non-GAAP net loss of 0.23 yuan, or 4 cents per share. This compares to a loss of 1.60 yuan per share reported a year ago. Revenues climbed 481.8% year-over-year and 20.2% quarter-over-quarter to 7.9823 billion yuan, or $1.2183 billion.</p><p>Analysts, on average, estimated a loss of 16 cents per share on revenues of $1.02 billion. The company had guided to revenues of $1.1314 billion to $1.1582 billion.</p><p>Vehicle revenues, accounting for 92.8% of the total revenues, came in at $1.1303 million. The 489.8% year-over-year increase in vehicle revenues was attributed to higher deliveries, expansion of sales networks and an easier comparison with the COVID-19-hit year-ago quarter.</p><p>Vehicle margin improved to 21.2% from a negative 7.4% in the year-ago quarter and 17.2% in the previous quarter.</p><p>Balance of cash and cash equivalents, restricted cash and short-term investment was $7.3 billion as of March. 31.</p><p><b>Delivery Momentum Continues: </b> As disclosed earlier, the company delivered 20,060 vehicles in its first quarter, a quarterly record and a 432% year-over-year increase.</p><p>The strong performance came despite the company having to shut down production at its Hefei plant for five working days, beginning March 29, due to shortage of chip supply.</p><p><b>Nio Amid Frenzied Activity: </b> Nio began the year with the unveiling of its first-ever sedan, dubbed ET7, at the Nio Day held in early January. The company also announced Power Swap Station 2.0 and new battery packs at the event.</p><p>The Power Swap Station 2.0, according to Nio, boosts the service capacity of each station to a maximum 312 times per day by shortening the battery swapping time to under three minutes.</p><p>The company announced a partnership with Chinese oil giant <b>Sinopec Shanghai Petrochemical Company Limited </b>(NYSE:SHI) for setting up its power swap station at the latter's gas filling station.</p><p>The company made positive headlines at the Shanghai Auto show held earlier this month.</p><p>Nio has scheduled a press conference on May 6 to announce its international expansion plan, with the first stop at Norway. It's also reportedly working on manufacturing a low-end vehicle model armed with lithium iron phosphate batteries.</p><p>The company also commenced construction of a smart EV part in collaboration with the Hefei municipal government. Reports suggest the company is doing the groundwork for a secondary listing in the Hong Kong stock exchange.</p><p>During the first quarter, the company tapped the debt market and sold $1.5 billion worth of convertible senior notes.</p><p><b>Nio's Guidance: </b> For the second quarter, Nio expects deliveries of 21,000-22,000 vehicles, up an estimated 103%-113% year-over-year and 5%-10% higher than in the previous quarter.</p><p>The company noted that overall demand for its products continues to be strong but the supply chain is still facing significant challenges due to the semiconductor shortage.</p><p>\"Going forward, we will continue to invest in new products and core technologies, as well as in our service and power network expansion, particularly battery swapping and charging facilities,\" said CFO Steven Wei Feng.</p><p>The company guided to second-quarter revenues of $1.243 billion to $1.298 billion, while the Street is modeling revenues of $1.21 billion.</p><p>Separately, Nio said it has convened an has called an extraordinary general meeting of shareholders on June 3 to consider and, if thought fit, pass the proposal to amend and restate the company's memorandum and articles of association.</p><p><b>Nio Stock: </b>Nio shares have been moving in a lackluster fashion ever since they hit a record high of $66.99 on Jan. 11. The stock has lost about 15% for the year-to-date period.</p><p>Reacting to the first-quarter results, the stock was down over 2% at one point in extended trading.Now the shares were up about 0.7%.</p><p><img src=\"https://static.tigerbbs.com/8c45ba4ede63272c12d730fec36e2b57\" tg-width=\"1302\" tg-height=\"833\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2131534297","content_text":"Chinese EV manufacturer NIO Inc. (NYSE:NIO) announced Thursday first-quarter results that beat estimates. The company also issued above-consensus revenue guidance for the second quarter, with deliveries expected to grow despite the significant supply chain challenges.Nio's Key Q2 Metrics: Nio reported first-quarter non-GAAP net loss of 0.23 yuan, or 4 cents per share. This compares to a loss of 1.60 yuan per share reported a year ago. Revenues climbed 481.8% year-over-year and 20.2% quarter-over-quarter to 7.9823 billion yuan, or $1.2183 billion.Analysts, on average, estimated a loss of 16 cents per share on revenues of $1.02 billion. The company had guided to revenues of $1.1314 billion to $1.1582 billion.Vehicle revenues, accounting for 92.8% of the total revenues, came in at $1.1303 million. The 489.8% year-over-year increase in vehicle revenues was attributed to higher deliveries, expansion of sales networks and an easier comparison with the COVID-19-hit year-ago quarter.Vehicle margin improved to 21.2% from a negative 7.4% in the year-ago quarter and 17.2% in the previous quarter.Balance of cash and cash equivalents, restricted cash and short-term investment was $7.3 billion as of March. 31.Delivery Momentum Continues: As disclosed earlier, the company delivered 20,060 vehicles in its first quarter, a quarterly record and a 432% year-over-year increase.The strong performance came despite the company having to shut down production at its Hefei plant for five working days, beginning March 29, due to shortage of chip supply.Nio Amid Frenzied Activity: Nio began the year with the unveiling of its first-ever sedan, dubbed ET7, at the Nio Day held in early January. The company also announced Power Swap Station 2.0 and new battery packs at the event.The Power Swap Station 2.0, according to Nio, boosts the service capacity of each station to a maximum 312 times per day by shortening the battery swapping time to under three minutes.The company announced a partnership with Chinese oil giant Sinopec Shanghai Petrochemical Company Limited (NYSE:SHI) for setting up its power swap station at the latter's gas filling station.The company made positive headlines at the Shanghai Auto show held earlier this month.Nio has scheduled a press conference on May 6 to announce its international expansion plan, with the first stop at Norway. It's also reportedly working on manufacturing a low-end vehicle model armed with lithium iron phosphate batteries.The company also commenced construction of a smart EV part in collaboration with the Hefei municipal government. Reports suggest the company is doing the groundwork for a secondary listing in the Hong Kong stock exchange.During the first quarter, the company tapped the debt market and sold $1.5 billion worth of convertible senior notes.Nio's Guidance: For the second quarter, Nio expects deliveries of 21,000-22,000 vehicles, up an estimated 103%-113% year-over-year and 5%-10% higher than in the previous quarter.The company noted that overall demand for its products continues to be strong but the supply chain is still facing significant challenges due to the semiconductor shortage.\"Going forward, we will continue to invest in new products and core technologies, as well as in our service and power network expansion, particularly battery swapping and charging facilities,\" said CFO Steven Wei Feng.The company guided to second-quarter revenues of $1.243 billion to $1.298 billion, while the Street is modeling revenues of $1.21 billion.Separately, Nio said it has convened an has called an extraordinary general meeting of shareholders on June 3 to consider and, if thought fit, pass the proposal to amend and restate the company's memorandum and articles of association.Nio Stock: Nio shares have been moving in a lackluster fashion ever since they hit a record high of $66.99 on Jan. 11. The stock has lost about 15% for the year-to-date period.Reacting to the first-quarter results, the stock was down over 2% at one point in extended trading.Now the shares were up about 0.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":364725081,"gmtCreate":1614876125143,"gmtModify":1703482471323,"author":{"id":"3560130625485466","authorId":"3560130625485466","name":"the_ed","avatar":"https://static.tigerbbs.com/2cda9d2da3479bcd58cae9c215364bb6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[真香] ","listText":"[真香] ","text":"[真香]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364725081","repostId":"2116058775","repostType":4,"repost":{"id":"2116058775","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1614871689,"share":"https://www.laohu8.com/m/news/2116058775?lang=&edition=full","pubTime":"2021-03-04 23:28","market":"us","language":"en","title":"US STOCKS-S&P 500, Nasdaq weighed down by tech stocks; Powell in focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2116058775","media":"Reuters","summary":"(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news","content":"<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)</p><ul><li>Weekly jobless claims rise less than expected</li><li>Powell to address WSJ conference at noon ET</li><li>Indexes: Dow up 0.2%, S&P down 0.2%, Nasdaq down 0.8%</li></ul><p>(Updates to market open)</p><p>March 4 (Reuters) - The S&P 500 and the Nasdaq slipped in choppy trading on Thursday as jittery investors looked to remarks from Federal Reserve Chair Jerome Powell on rising bond yields, while data pointed to a staggering recovery in the labor market.</p><p>The number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street's main indexes fell in the past two sessions as a spike in U.S. bond yields pressured high-flying tech stocks while economy-linked stocks outperformed on hopes of a new round of fiscal aid and vaccinations.</p><p>The energy sector enjoyed a 1% jump on the back of higher oil prices. Apple Inc , Tesla Inc and <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc were among the top drags on the S&P 500.</p><p>Powell is set to speak at a Wall Street Journal conference at 12:05 p.m. ET (1705 GMT) where his comments will be scrutinized for any hints of concern about last week's jump in bond yields, in what will be his last outing before the Fed's March 16-17 policy meeting.</p><p>\"Fed Chairman Jerome Powell has downplayed inflation worries and continues advocating dovish monetary policy, but those yields suggest investors aren't completely convinced,\" said JJ Kinahan, chief market strategist at TD Ameritrade.</p><p>Ahead of Powell's remarks, the 10-year Treasury yields</p><p>were at 1.467% but they held below last week's <a href=\"https://laohu8.com/S/AONE\">one</a>-year high of 1.614%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>At 10:02 a.m. ET, the Dow Jones Industrial Average rose 57.06 points, or 0.18%, to 31,327.15, the S&P 500 lost 5.80 points, or 0.15%, to 3,813.92 and the Nasdaq Composite lost 106.99 points, or 0.82%, to 12,890.76.</p><p>The S&P 500 traded below its 50-day moving average, an indicator of short-term momentum, while the Nasdaq trimmed its year-to-date gains to 0.1%. In contrast, the Dow has risen 2.5% in 2021 and the S&P 500 is up about 1.5% in the same period.</p><p>The U.S. Senate is expected to begin debating President Joe Biden's $1.9 trillion coronavirus relief package on Thursday after agreeing to phase out payments to higher-income Americans in a compromise with moderate Democratic senators.</p><p>Boeing Co rose about 1% as the United States and Britain had agreed a four-month suspension of U.S. retaliatory tariffs in a long-running row over aircraft subsidies to allow negotiations to take place.</p><p>Disney's shares dropped 1% as it announced it will close at least 60 Disney retail stores in North America this year and about 20% of its worldwide total, as it revamps its digital shopping platforms to focus on e-commerce.</p><p>Declining issues outnumbered advancers by a 1.3-to-1 ratio on the NYSE and by a 2.7-to-1 ratio on the Nasdaq.</p><p>The S&P 500 posted 17 new 52-week highs and no new low, while the Nasdaq recorded 106 new highs and 140 new lows.</p><p>(Reporting by Shashank Nayar in Bengaluru; Editing by Maju Samuel)</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>US STOCKS-S&P 500, Nasdaq weighed down by tech stocks; Powell in focus</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; 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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\">\nUS STOCKS-S&P 500, Nasdaq weighed down by tech stocks; Powell in focus\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\">2021-03-04 23:28</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><ul><li>Weekly jobless claims rise less than expected</li><li>Powell to address WSJ conference at noon ET</li><li>Indexes: Dow up 0.2%, S&P down 0.2%, Nasdaq down 0.8%</li></ul><p>(Updates to market open)</p><p>March 4 (Reuters) - The S&P 500 and the Nasdaq slipped in choppy trading on Thursday as jittery investors looked to remarks from Federal Reserve Chair Jerome Powell on rising bond yields, while data pointed to a staggering recovery in the labor market.</p><p>The number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street's main indexes fell in the past two sessions as a spike in U.S. bond yields pressured high-flying tech stocks while economy-linked stocks outperformed on hopes of a new round of fiscal aid and vaccinations.</p><p>The energy sector enjoyed a 1% jump on the back of higher oil prices. Apple Inc , Tesla Inc and <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc were among the top drags on the S&P 500.</p><p>Powell is set to speak at a Wall Street Journal conference at 12:05 p.m. ET (1705 GMT) where his comments will be scrutinized for any hints of concern about last week's jump in bond yields, in what will be his last outing before the Fed's March 16-17 policy meeting.</p><p>\"Fed Chairman Jerome Powell has downplayed inflation worries and continues advocating dovish monetary policy, but those yields suggest investors aren't completely convinced,\" said JJ Kinahan, chief market strategist at TD Ameritrade.</p><p>Ahead of Powell's remarks, the 10-year Treasury yields</p><p>were at 1.467% but they held below last week's <a href=\"https://laohu8.com/S/AONE\">one</a>-year high of 1.614%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>At 10:02 a.m. ET, the Dow Jones Industrial Average rose 57.06 points, or 0.18%, to 31,327.15, the S&P 500 lost 5.80 points, or 0.15%, to 3,813.92 and the Nasdaq Composite lost 106.99 points, or 0.82%, to 12,890.76.</p><p>The S&P 500 traded below its 50-day moving average, an indicator of short-term momentum, while the Nasdaq trimmed its year-to-date gains to 0.1%. In contrast, the Dow has risen 2.5% in 2021 and the S&P 500 is up about 1.5% in the same period.</p><p>The U.S. Senate is expected to begin debating President Joe Biden's $1.9 trillion coronavirus relief package on Thursday after agreeing to phase out payments to higher-income Americans in a compromise with moderate Democratic senators.</p><p>Boeing Co rose about 1% as the United States and Britain had agreed a four-month suspension of U.S. retaliatory tariffs in a long-running row over aircraft subsidies to allow negotiations to take place.</p><p>Disney's shares dropped 1% as it announced it will close at least 60 Disney retail stores in North America this year and about 20% of its worldwide total, as it revamps its digital shopping platforms to focus on e-commerce.</p><p>Declining issues outnumbered advancers by a 1.3-to-1 ratio on the NYSE and by a 2.7-to-1 ratio on the Nasdaq.</p><p>The S&P 500 posted 17 new 52-week highs and no new low, while the Nasdaq recorded 106 new highs and 140 new lows.</p><p>(Reporting by Shashank Nayar in Bengaluru; Editing by Maju Samuel)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UPRO":"三倍做多标普500ETF","SPY":"标普500ETF",".IXIC":"NASDAQ Composite","SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF","SSO":"两倍做多标普500ETF",".DJI":"道琼斯","SH":"标普500反向ETF","OEF":"标普100指数ETF-iShares","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","OEX":"标普100"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116058775","content_text":"(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)Weekly jobless claims rise less than expectedPowell to address WSJ conference at noon ETIndexes: Dow up 0.2%, S&P down 0.2%, Nasdaq down 0.8%(Updates to market open)March 4 (Reuters) - The S&P 500 and the Nasdaq slipped in choppy trading on Thursday as jittery investors looked to remarks from Federal Reserve Chair Jerome Powell on rising bond yields, while data pointed to a staggering recovery in the labor market.The number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street's main indexes fell in the past two sessions as a spike in U.S. bond yields pressured high-flying tech stocks while economy-linked stocks outperformed on hopes of a new round of fiscal aid and vaccinations.The energy sector enjoyed a 1% jump on the back of higher oil prices. Apple Inc , Tesla Inc and PayPal Holdings Inc were among the top drags on the S&P 500.Powell is set to speak at a Wall Street Journal conference at 12:05 p.m. ET (1705 GMT) where his comments will be scrutinized for any hints of concern about last week's jump in bond yields, in what will be his last outing before the Fed's March 16-17 policy meeting.\"Fed Chairman Jerome Powell has downplayed inflation worries and continues advocating dovish monetary policy, but those yields suggest investors aren't completely convinced,\" said JJ Kinahan, chief market strategist at TD Ameritrade.Ahead of Powell's remarks, the 10-year Treasury yieldswere at 1.467% but they held below last week's one-year high of 1.614%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.At 10:02 a.m. ET, the Dow Jones Industrial Average rose 57.06 points, or 0.18%, to 31,327.15, the S&P 500 lost 5.80 points, or 0.15%, to 3,813.92 and the Nasdaq Composite lost 106.99 points, or 0.82%, to 12,890.76.The S&P 500 traded below its 50-day moving average, an indicator of short-term momentum, while the Nasdaq trimmed its year-to-date gains to 0.1%. In contrast, the Dow has risen 2.5% in 2021 and the S&P 500 is up about 1.5% in the same period.The U.S. Senate is expected to begin debating President Joe Biden's $1.9 trillion coronavirus relief package on Thursday after agreeing to phase out payments to higher-income Americans in a compromise with moderate Democratic senators.Boeing Co rose about 1% as the United States and Britain had agreed a four-month suspension of U.S. retaliatory tariffs in a long-running row over aircraft subsidies to allow negotiations to take place.Disney's shares dropped 1% as it announced it will close at least 60 Disney retail stores in North America this year and about 20% of its worldwide total, as it revamps its digital shopping platforms to focus on e-commerce.Declining issues outnumbered advancers by a 1.3-to-1 ratio on the NYSE and by a 2.7-to-1 ratio on the Nasdaq.The S&P 500 posted 17 new 52-week highs and no new low, while the Nasdaq recorded 106 new highs and 140 new lows.(Reporting by Shashank Nayar in Bengaluru; Editing by Maju Samuel)","news_type":1},"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":103978126,"gmtCreate":1619745518865,"gmtModify":1634210240639,"author":{"id":"3560130625485466","authorId":"3560130625485466","name":"the_ed","avatar":"https://static.tigerbbs.com/2cda9d2da3479bcd58cae9c215364bb6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[强] ","listText":"[强] ","text":"[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103978126","repostId":"2131534297","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":364725081,"gmtCreate":1614876125143,"gmtModify":1703482471323,"author":{"id":"3560130625485466","authorId":"3560130625485466","name":"the_ed","avatar":"https://static.tigerbbs.com/2cda9d2da3479bcd58cae9c215364bb6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[真香] ","listText":"[真香] ","text":"[真香]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/364725081","repostId":"2116058775","repostType":4,"isVote":1,"tweetType":1,"viewCount":473,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}
