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Gingeryoyo
2021-07-21
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2021-07-14
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2021-07-14
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Dow retreats slightly from record as hot inflation report overshadows strong earnings
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The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</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>Dow retreats slightly from record as hot inflation report overshadows strong earnings</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\">\nDow retreats slightly from record as hot inflation report overshadows strong earnings\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\">2021-07-13 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.</p>\n<p>The Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111418784","content_text":"Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.\nThe Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.\nInflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.\n\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"\nThe10-year U.S. Treasury yield edged slightly higher following the CPI report.\nThe latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.\nJPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.\nBanks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.\nMeanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.\nPepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.\nOverall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.\nBanks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.\nIn the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.\n\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"\nBank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.\nFederal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":178620411,"gmtCreate":1626818931633,"gmtModify":1633770836714,"author":{"id":"4088836668367240","authorId":"4088836668367240","name":"Gingeryoyo","avatar":"https://static.tigerbbs.com/b784ab8541266d5078d3b6c90eae7cae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088836668367240","authorIdStr":"4088836668367240"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/178620411","repostId":"1155810329","repostType":4,"repost":{"id":"1155810329","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626791723,"share":"https://www.laohu8.com/m/news/1155810329?lang=&edition=full","pubTime":"2021-07-20 22:35","market":"us","language":"en","title":"Stocks That Hit 52-Week Highs On Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1155810329","media":"Benzinga","summary":"On Tuesday morning, 54 companies achieved new highs for the year.\nNoteworthy Mentions:\n\nThe largest ","content":"<p>On Tuesday morning, 54 companies achieved new highs for the year.</p>\n<p>Noteworthy Mentions:</p>\n<ul>\n <li>The largest company by market cap to set a new 52-week high was<b>Costco Wholesale</b>(NASDAQ:COST).</li>\n <li>The smallest company when considering market cap to set a new 52-week high was<b><a href=\"https://laohu8.com/S/EQS\">Equus Total Return</a></b>(NYSE:EQS).</li>\n <li><b>PLx Pharma</b>(NASDAQ:PLXP)'s stock made the biggest move upwards, moving 16.28% to reach a new 52-week high.</li>\n</ul>\n<p>The following stocks set new 52-week highs during the first half-hour of trading on Tuesday:</p>\n<ul>\n <li><b>Costco Wholesale</b>(NASDAQ:COST) shares broke to a new 52-week high of $416.75 on Tuesday. Shares of the company traded up 0.5%.</li>\n <li><b>Moderna</b>(NASDAQ:MRNA) shares were up 6.55% on Tuesday morning to hit a new 52-week high of $335.85.</li>\n <li><b>Crown Castle Intl</b>(NYSE:CCI) shares were up 1.14% for the day, having made a 52-week high of $204.62.</li>\n <li><b>HCA Healthcare</b>(NYSE:HCA) stock made a new 52-week high of $249.58 Tuesday. The stock was up 11.21% for the day.</li>\n <li><b>IDEXX Laboratories</b>(NASDAQ:IDXX) shares were up 0.35% on Tuesday morning to hit a new 52-week high of $672.33.</li>\n <li><b>Dollar General</b>(NYSE:DG) shares broke to $227.16 on Tuesday, setting a new 52-week high with a change of up 0.95%.</li>\n <li><b>O'Reilly Automotive</b>(NASDAQ:ORLY) stock made a new 52-week high of $608.10 Tuesday. The stock was up 1.86% for the day.</li>\n <li><b>Hershey</b>(NYSE:HSY) stock set a new 52-week high of $182.22 Tuesday morning. Over the session, the stock traded up 1.23%.</li>\n <li><b>ResMed</b>(NYSE:RMD) shares achieved a new 52-week high on Tuesday morning, hitting $255.70 with a daily change of up 0.82%.</li>\n <li><b>SBA Communications</b>(NASDAQ:SBAC) stock on Tuesday broke to a yearly high of $337.98. Shares traded up 0.68%.</li>\n <li><b>Copart</b>(NASDAQ:CPRT) stock made a new 52-week high of $141.72 Tuesday. The stock was up 0.89% for the day.</li>\n <li><b>AvalonBay Communities</b>(NYSE:AVB) shares were up 1.78% on Tuesday to hit a new 52-week high of $227.75 for a change of up 1.78%.</li>\n <li><b>Equity Residential</b>(NYSE:EQR) shares broke to a new 52-week high of $84.06 on Tuesday. Shares of the company traded up 1.6%.</li>\n <li><b>Alexandria Real Estate</b>(NYSE:ARE) shares were up 1.23% on Tuesday to hit a new 52-week high of $194.68 for a change of up 1.23%.</li>\n <li><b><a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a></b>(NYSE:WORK) stock set a new 52-week high of $45.28 Tuesday morning. Over the session, the stock traded up 0.2%.</li>\n <li><b>Dover</b>(NYSE:DOV) shares reached a new 52-week high of $159.66 on Tuesday morning, moving up 4.53%.</li>\n <li><b>Mid-America Apartment</b>(NYSE:MAA) shares were up 1.33% for the day, having made a 52-week high of $185.68.</li>\n <li><b>Tyler Technologies</b>(NYSE:TYL) shares broke to a new 52-week high of $486.21 on Tuesday. Shares of the company traded up 0.36%.</li>\n <li><b><a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Realty</b>(NYSE:DRE) stock set a new 52-week high of $51.06 Tuesday morning. Over the session, the stock traded up 1.61%.</li>\n <li><b>UDR</b>(NYSE:UDR) shares hit a yearly high of $53.98. The stock traded up 1.97% on the session.</li>\n <li><b>Equity Lifestyle Props</b>(NYSE:ELS) shares hit a yearly high of $81.54. The stock traded up 2.83% on the session.</li>\n <li><b>Alliant Energy</b>(NASDAQ:LNT) stock made a new 52-week high of $59.23 Tuesday. The stock was up 1.81% for the day.</li>\n <li><b>Camden Prop Trust</b>(NYSE:CPT) shares broke to $145.58 on Tuesday, setting a new 52-week high with a change of up 1.58%.</li>\n <li><b><a href=\"https://laohu8.com/S/PFPT\">Proofpoint</a></b>(NASDAQ:PFPT) stock made a new 52-week high of $174.79 Tuesday. The stock was up 0.03% for the day.</li>\n <li><b>Service Corp Intl</b>(NYSE:SCI) shares reached a new 52-week high of $57.96 on Tuesday morning, moving up 2.71%.</li>\n <li><b><a href=\"https://laohu8.com/S/AN\">AutoNation</a></b>(NYSE:AN) shares were up 5.58% for the day, having made a 52-week high of $113.09.</li>\n <li><b>Rexford Industrial Realty</b>(NYSE:REXR) shares hit a yearly high of $60.10. The stock traded up 2.15% on the session.</li>\n <li><b>Tenet Healthcare</b>(NYSE:THC) shares hit a yearly high of $71.56. The stock traded up 9.02% on the session.</li>\n <li><b>First Industrial Realty</b>(NYSE:FR) shares broke to a new 52-week high of $54.94 on Tuesday. Shares of the company traded up 1.67%.</li>\n <li><b>Legend Biotech</b>(NASDAQ:LEGN) shares were up 1.91% on Tuesday to hit a new 52-week high of $45.91 for a change of up 1.91%.</li>\n <li><b>Rapid7</b>(NASDAQ:RPD) shares broke to a new 52-week high of $107.18 on Tuesday. Shares of the company traded up 3.12%.</li>\n <li><b>Idacorp</b>(NYSE:IDA) shares were up 2.14% on Tuesday to hit a new 52-week high of $105.08 for a change of up 2.14%.</li>\n <li><b>Agree Realty</b>(NYSE:ADC) stock on Tuesday broke to a yearly high of $74.10. Shares traded up 1.59%.</li>\n <li><b>W R Grace</b>(NYSE:GRA) shares were up 0.17% on Tuesday morning to hit a new 52-week high of $69.73.</li>\n <li><b>American States Water</b>(NYSE:AWR) shares broke to $87.10 on Tuesday, setting a new 52-week high with a change of up 1.82%.</li>\n <li><b>Prestige Consumer</b>(NYSE:PBH) shares set a new yearly high of $53.70 this morning. The stock was up 3.27% on the session.</li>\n <li><b>Covanta Holding</b>(NYSE:CVA) shares set a new 52-week high of $20.08 on Tuesday, moving up 0.13%.</li>\n <li><b>Heska</b>(NASDAQ:HSKA) shares were up 1.97% on Tuesday to hit a new 52-week high of $247.35 for a change of up 1.97%.</li>\n <li><b>Protagonist Therapeutics</b>(NASDAQ:PTGX) shares hit a yearly high of $48.15. The stock traded up 3.0% on the session.</li>\n <li><b>Erasca</b>(NASDAQ:ERAS) stock on Tuesday broke to a yearly high of $19.45. Shares traded up 5.77%.</li>\n <li><b><a href=\"https://laohu8.com/S/CSR\">Centerspace</a></b>(NYSE:CSR) shares were up 1.84% on Tuesday morning to hit a new 52-week high of $87.89.</li>\n <li><b>HealthStream</b>(NASDAQ:HSTM) stock on Tuesday broke to a yearly high of $29.04. Shares traded up 2.72%.</li>\n <li><b>Plymouth Industrial REIT</b>(NYSE:PLYM) shares set a new 52-week high of $22.02 on Tuesday, moving up 1.82%.</li>\n <li><b>MBIA</b>(NYSE:MBI) stock on Tuesday broke to a yearly high of $11.51. Shares traded up 2.69%.</li>\n <li><b>One <a href=\"https://laohu8.com/S/LFG.AU\">Liberty</a> Properties</b>(NYSE:OLP) shares broke to a new 52-week high of $29.92 on Tuesday. Shares of the company traded up 2.31%.</li>\n <li><b>Artisan Acquisition</b>(NASDAQ:ARTA) shares were up 7.24% on Tuesday to hit a new 52-week high of $10.51 for a change of up 7.24%.</li>\n <li><b>PLx Pharma</b>(NASDAQ:PLXP) shares were up 16.28% on Tuesday morning to hit a new 52-week high of $20.11.</li>\n <li><b>Highland Global</b>(NYSE:HGLB) shares broke to $9.54 on Tuesday, setting a new 52-week high with a change of up 1.94%.</li>\n <li><b>MainStreet Bancshares</b>(NASDAQ:MNSB) shares broke to $24.83 on Tuesday, setting a new 52-week high with a change of up 6.14%.</li>\n <li><b><a href=\"https://laohu8.com/S/AEHR\">Aehr Test Systems</a></b>(NASDAQ:AEHR) shares reached a new 52-week high of $7.15 on Tuesday morning, moving down 3.92%.</li>\n <li><b>Luby's</b>(NYSE:LUB) shares achieved a new 52-week high on Tuesday morning, hitting $4.09 with a daily change of up 3.05%.</li>\n <li><b>Forward Pharma</b>(NASDAQ:FWP) shares achieved a new 52-week high on Tuesday morning, hitting $13.74 with a daily change of up 11.02%.</li>\n <li><b>HV Bancorp</b>(NASDAQ:HVBC) shares achieved a new 52-week high on Tuesday morning, hitting $22.21 with a daily change of up 1.28%.</li>\n <li><b>Equus Total Return</b>(NYSE:EQS) shares reached a new 52-week high of $2.91 on Tuesday morning, moving down 8.21%.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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}\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\">\nStocks That Hit 52-Week Highs On Tuesday\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-20 22:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>On Tuesday morning, 54 companies achieved new highs for the year.</p>\n<p>Noteworthy Mentions:</p>\n<ul>\n <li>The largest company by market cap to set a new 52-week high was<b>Costco Wholesale</b>(NASDAQ:COST).</li>\n <li>The smallest company when considering market cap to set a new 52-week high was<b><a href=\"https://laohu8.com/S/EQS\">Equus Total Return</a></b>(NYSE:EQS).</li>\n <li><b>PLx Pharma</b>(NASDAQ:PLXP)'s stock made the biggest move upwards, moving 16.28% to reach a new 52-week high.</li>\n</ul>\n<p>The following stocks set new 52-week highs during the first half-hour of trading on Tuesday:</p>\n<ul>\n <li><b>Costco Wholesale</b>(NASDAQ:COST) shares broke to a new 52-week high of $416.75 on Tuesday. Shares of the company traded up 0.5%.</li>\n <li><b>Moderna</b>(NASDAQ:MRNA) shares were up 6.55% on Tuesday morning to hit a new 52-week high of $335.85.</li>\n <li><b>Crown Castle Intl</b>(NYSE:CCI) shares were up 1.14% for the day, having made a 52-week high of $204.62.</li>\n <li><b>HCA Healthcare</b>(NYSE:HCA) stock made a new 52-week high of $249.58 Tuesday. The stock was up 11.21% for the day.</li>\n <li><b>IDEXX Laboratories</b>(NASDAQ:IDXX) shares were up 0.35% on Tuesday morning to hit a new 52-week high of $672.33.</li>\n <li><b>Dollar General</b>(NYSE:DG) shares broke to $227.16 on Tuesday, setting a new 52-week high with a change of up 0.95%.</li>\n <li><b>O'Reilly Automotive</b>(NASDAQ:ORLY) stock made a new 52-week high of $608.10 Tuesday. The stock was up 1.86% for the day.</li>\n <li><b>Hershey</b>(NYSE:HSY) stock set a new 52-week high of $182.22 Tuesday morning. Over the session, the stock traded up 1.23%.</li>\n <li><b>ResMed</b>(NYSE:RMD) shares achieved a new 52-week high on Tuesday morning, hitting $255.70 with a daily change of up 0.82%.</li>\n <li><b>SBA Communications</b>(NASDAQ:SBAC) stock on Tuesday broke to a yearly high of $337.98. Shares traded up 0.68%.</li>\n <li><b>Copart</b>(NASDAQ:CPRT) stock made a new 52-week high of $141.72 Tuesday. The stock was up 0.89% for the day.</li>\n <li><b>AvalonBay Communities</b>(NYSE:AVB) shares were up 1.78% on Tuesday to hit a new 52-week high of $227.75 for a change of up 1.78%.</li>\n <li><b>Equity Residential</b>(NYSE:EQR) shares broke to a new 52-week high of $84.06 on Tuesday. Shares of the company traded up 1.6%.</li>\n <li><b>Alexandria Real Estate</b>(NYSE:ARE) shares were up 1.23% on Tuesday to hit a new 52-week high of $194.68 for a change of up 1.23%.</li>\n <li><b><a href=\"https://laohu8.com/S/WORK\">Slack Technologies</a></b>(NYSE:WORK) stock set a new 52-week high of $45.28 Tuesday morning. Over the session, the stock traded up 0.2%.</li>\n <li><b>Dover</b>(NYSE:DOV) shares reached a new 52-week high of $159.66 on Tuesday morning, moving up 4.53%.</li>\n <li><b>Mid-America Apartment</b>(NYSE:MAA) shares were up 1.33% for the day, having made a 52-week high of $185.68.</li>\n <li><b>Tyler Technologies</b>(NYSE:TYL) shares broke to a new 52-week high of $486.21 on Tuesday. Shares of the company traded up 0.36%.</li>\n <li><b><a href=\"https://laohu8.com/S/DEX.AU\">Duke</a> Realty</b>(NYSE:DRE) stock set a new 52-week high of $51.06 Tuesday morning. Over the session, the stock traded up 1.61%.</li>\n <li><b>UDR</b>(NYSE:UDR) shares hit a yearly high of $53.98. The stock traded up 1.97% on the session.</li>\n <li><b>Equity Lifestyle Props</b>(NYSE:ELS) shares hit a yearly high of $81.54. The stock traded up 2.83% on the session.</li>\n <li><b>Alliant Energy</b>(NASDAQ:LNT) stock made a new 52-week high of $59.23 Tuesday. The stock was up 1.81% for the day.</li>\n <li><b>Camden Prop Trust</b>(NYSE:CPT) shares broke to $145.58 on Tuesday, setting a new 52-week high with a change of up 1.58%.</li>\n <li><b><a href=\"https://laohu8.com/S/PFPT\">Proofpoint</a></b>(NASDAQ:PFPT) stock made a new 52-week high of $174.79 Tuesday. The stock was up 0.03% for the day.</li>\n <li><b>Service Corp Intl</b>(NYSE:SCI) shares reached a new 52-week high of $57.96 on Tuesday morning, moving up 2.71%.</li>\n <li><b><a href=\"https://laohu8.com/S/AN\">AutoNation</a></b>(NYSE:AN) shares were up 5.58% for the day, having made a 52-week high of $113.09.</li>\n <li><b>Rexford Industrial Realty</b>(NYSE:REXR) shares hit a yearly high of $60.10. The stock traded up 2.15% on the session.</li>\n <li><b>Tenet Healthcare</b>(NYSE:THC) shares hit a yearly high of $71.56. The stock traded up 9.02% on the session.</li>\n <li><b>First Industrial Realty</b>(NYSE:FR) shares broke to a new 52-week high of $54.94 on Tuesday. Shares of the company traded up 1.67%.</li>\n <li><b>Legend Biotech</b>(NASDAQ:LEGN) shares were up 1.91% on Tuesday to hit a new 52-week high of $45.91 for a change of up 1.91%.</li>\n <li><b>Rapid7</b>(NASDAQ:RPD) shares broke to a new 52-week high of $107.18 on Tuesday. Shares of the company traded up 3.12%.</li>\n <li><b>Idacorp</b>(NYSE:IDA) shares were up 2.14% on Tuesday to hit a new 52-week high of $105.08 for a change of up 2.14%.</li>\n <li><b>Agree Realty</b>(NYSE:ADC) stock on Tuesday broke to a yearly high of $74.10. Shares traded up 1.59%.</li>\n <li><b>W R Grace</b>(NYSE:GRA) shares were up 0.17% on Tuesday morning to hit a new 52-week high of $69.73.</li>\n <li><b>American States Water</b>(NYSE:AWR) shares broke to $87.10 on Tuesday, setting a new 52-week high with a change of up 1.82%.</li>\n <li><b>Prestige Consumer</b>(NYSE:PBH) shares set a new yearly high of $53.70 this morning. The stock was up 3.27% on the session.</li>\n <li><b>Covanta Holding</b>(NYSE:CVA) shares set a new 52-week high of $20.08 on Tuesday, moving up 0.13%.</li>\n <li><b>Heska</b>(NASDAQ:HSKA) shares were up 1.97% on Tuesday to hit a new 52-week high of $247.35 for a change of up 1.97%.</li>\n <li><b>Protagonist Therapeutics</b>(NASDAQ:PTGX) shares hit a yearly high of $48.15. The stock traded up 3.0% on the session.</li>\n <li><b>Erasca</b>(NASDAQ:ERAS) stock on Tuesday broke to a yearly high of $19.45. Shares traded up 5.77%.</li>\n <li><b><a href=\"https://laohu8.com/S/CSR\">Centerspace</a></b>(NYSE:CSR) shares were up 1.84% on Tuesday morning to hit a new 52-week high of $87.89.</li>\n <li><b>HealthStream</b>(NASDAQ:HSTM) stock on Tuesday broke to a yearly high of $29.04. Shares traded up 2.72%.</li>\n <li><b>Plymouth Industrial REIT</b>(NYSE:PLYM) shares set a new 52-week high of $22.02 on Tuesday, moving up 1.82%.</li>\n <li><b>MBIA</b>(NYSE:MBI) stock on Tuesday broke to a yearly high of $11.51. Shares traded up 2.69%.</li>\n <li><b>One <a href=\"https://laohu8.com/S/LFG.AU\">Liberty</a> Properties</b>(NYSE:OLP) shares broke to a new 52-week high of $29.92 on Tuesday. Shares of the company traded up 2.31%.</li>\n <li><b>Artisan Acquisition</b>(NASDAQ:ARTA) shares were up 7.24% on Tuesday to hit a new 52-week high of $10.51 for a change of up 7.24%.</li>\n <li><b>PLx Pharma</b>(NASDAQ:PLXP) shares were up 16.28% on Tuesday morning to hit a new 52-week high of $20.11.</li>\n <li><b>Highland Global</b>(NYSE:HGLB) shares broke to $9.54 on Tuesday, setting a new 52-week high with a change of up 1.94%.</li>\n <li><b>MainStreet Bancshares</b>(NASDAQ:MNSB) shares broke to $24.83 on Tuesday, setting a new 52-week high with a change of up 6.14%.</li>\n <li><b><a href=\"https://laohu8.com/S/AEHR\">Aehr Test Systems</a></b>(NASDAQ:AEHR) shares reached a new 52-week high of $7.15 on Tuesday morning, moving down 3.92%.</li>\n <li><b>Luby's</b>(NYSE:LUB) shares achieved a new 52-week high on Tuesday morning, hitting $4.09 with a daily change of up 3.05%.</li>\n <li><b>Forward Pharma</b>(NASDAQ:FWP) shares achieved a new 52-week high on Tuesday morning, hitting $13.74 with a daily change of up 11.02%.</li>\n <li><b>HV Bancorp</b>(NASDAQ:HVBC) shares achieved a new 52-week high on Tuesday morning, hitting $22.21 with a daily change of up 1.28%.</li>\n <li><b>Equus Total Return</b>(NYSE:EQS) shares reached a new 52-week high of $2.91 on Tuesday morning, moving down 8.21%.</li>\n</ul>\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":"1155810329","content_text":"On Tuesday morning, 54 companies achieved new highs for the year.\nNoteworthy Mentions:\n\nThe largest company by market cap to set a new 52-week high wasCostco Wholesale(NASDAQ:COST).\nThe smallest company when considering market cap to set a new 52-week high wasEquus Total Return(NYSE:EQS).\nPLx Pharma(NASDAQ:PLXP)'s stock made the biggest move upwards, moving 16.28% to reach a new 52-week high.\n\nThe following stocks set new 52-week highs during the first half-hour of trading on Tuesday:\n\nCostco Wholesale(NASDAQ:COST) shares broke to a new 52-week high of $416.75 on Tuesday. Shares of the company traded up 0.5%.\nModerna(NASDAQ:MRNA) shares were up 6.55% on Tuesday morning to hit a new 52-week high of $335.85.\nCrown Castle Intl(NYSE:CCI) shares were up 1.14% for the day, having made a 52-week high of $204.62.\nHCA Healthcare(NYSE:HCA) stock made a new 52-week high of $249.58 Tuesday. The stock was up 11.21% for the day.\nIDEXX Laboratories(NASDAQ:IDXX) shares were up 0.35% on Tuesday morning to hit a new 52-week high of $672.33.\nDollar General(NYSE:DG) shares broke to $227.16 on Tuesday, setting a new 52-week high with a change of up 0.95%.\nO'Reilly Automotive(NASDAQ:ORLY) stock made a new 52-week high of $608.10 Tuesday. The stock was up 1.86% for the day.\nHershey(NYSE:HSY) stock set a new 52-week high of $182.22 Tuesday morning. Over the session, the stock traded up 1.23%.\nResMed(NYSE:RMD) shares achieved a new 52-week high on Tuesday morning, hitting $255.70 with a daily change of up 0.82%.\nSBA Communications(NASDAQ:SBAC) stock on Tuesday broke to a yearly high of $337.98. Shares traded up 0.68%.\nCopart(NASDAQ:CPRT) stock made a new 52-week high of $141.72 Tuesday. The stock was up 0.89% for the day.\nAvalonBay Communities(NYSE:AVB) shares were up 1.78% on Tuesday to hit a new 52-week high of $227.75 for a change of up 1.78%.\nEquity Residential(NYSE:EQR) shares broke to a new 52-week high of $84.06 on Tuesday. Shares of the company traded up 1.6%.\nAlexandria Real Estate(NYSE:ARE) shares were up 1.23% on Tuesday to hit a new 52-week high of $194.68 for a change of up 1.23%.\nSlack Technologies(NYSE:WORK) stock set a new 52-week high of $45.28 Tuesday morning. Over the session, the stock traded up 0.2%.\nDover(NYSE:DOV) shares reached a new 52-week high of $159.66 on Tuesday morning, moving up 4.53%.\nMid-America Apartment(NYSE:MAA) shares were up 1.33% for the day, having made a 52-week high of $185.68.\nTyler Technologies(NYSE:TYL) shares broke to a new 52-week high of $486.21 on Tuesday. Shares of the company traded up 0.36%.\nDuke Realty(NYSE:DRE) stock set a new 52-week high of $51.06 Tuesday morning. Over the session, the stock traded up 1.61%.\nUDR(NYSE:UDR) shares hit a yearly high of $53.98. The stock traded up 1.97% on the session.\nEquity Lifestyle Props(NYSE:ELS) shares hit a yearly high of $81.54. The stock traded up 2.83% on the session.\nAlliant Energy(NASDAQ:LNT) stock made a new 52-week high of $59.23 Tuesday. The stock was up 1.81% for the day.\nCamden Prop Trust(NYSE:CPT) shares broke to $145.58 on Tuesday, setting a new 52-week high with a change of up 1.58%.\nProofpoint(NASDAQ:PFPT) stock made a new 52-week high of $174.79 Tuesday. The stock was up 0.03% for the day.\nService Corp Intl(NYSE:SCI) shares reached a new 52-week high of $57.96 on Tuesday morning, moving up 2.71%.\nAutoNation(NYSE:AN) shares were up 5.58% for the day, having made a 52-week high of $113.09.\nRexford Industrial Realty(NYSE:REXR) shares hit a yearly high of $60.10. The stock traded up 2.15% on the session.\nTenet Healthcare(NYSE:THC) shares hit a yearly high of $71.56. The stock traded up 9.02% on the session.\nFirst Industrial Realty(NYSE:FR) shares broke to a new 52-week high of $54.94 on Tuesday. Shares of the company traded up 1.67%.\nLegend Biotech(NASDAQ:LEGN) shares were up 1.91% on Tuesday to hit a new 52-week high of $45.91 for a change of up 1.91%.\nRapid7(NASDAQ:RPD) shares broke to a new 52-week high of $107.18 on Tuesday. Shares of the company traded up 3.12%.\nIdacorp(NYSE:IDA) shares were up 2.14% on Tuesday to hit a new 52-week high of $105.08 for a change of up 2.14%.\nAgree Realty(NYSE:ADC) stock on Tuesday broke to a yearly high of $74.10. Shares traded up 1.59%.\nW R Grace(NYSE:GRA) shares were up 0.17% on Tuesday morning to hit a new 52-week high of $69.73.\nAmerican States Water(NYSE:AWR) shares broke to $87.10 on Tuesday, setting a new 52-week high with a change of up 1.82%.\nPrestige Consumer(NYSE:PBH) shares set a new yearly high of $53.70 this morning. The stock was up 3.27% on the session.\nCovanta Holding(NYSE:CVA) shares set a new 52-week high of $20.08 on Tuesday, moving up 0.13%.\nHeska(NASDAQ:HSKA) shares were up 1.97% on Tuesday to hit a new 52-week high of $247.35 for a change of up 1.97%.\nProtagonist Therapeutics(NASDAQ:PTGX) shares hit a yearly high of $48.15. The stock traded up 3.0% on the session.\nErasca(NASDAQ:ERAS) stock on Tuesday broke to a yearly high of $19.45. Shares traded up 5.77%.\nCenterspace(NYSE:CSR) shares were up 1.84% on Tuesday morning to hit a new 52-week high of $87.89.\nHealthStream(NASDAQ:HSTM) stock on Tuesday broke to a yearly high of $29.04. Shares traded up 2.72%.\nPlymouth Industrial REIT(NYSE:PLYM) shares set a new 52-week high of $22.02 on Tuesday, moving up 1.82%.\nMBIA(NYSE:MBI) stock on Tuesday broke to a yearly high of $11.51. Shares traded up 2.69%.\nOne Liberty Properties(NYSE:OLP) shares broke to a new 52-week high of $29.92 on Tuesday. Shares of the company traded up 2.31%.\nArtisan Acquisition(NASDAQ:ARTA) shares were up 7.24% on Tuesday to hit a new 52-week high of $10.51 for a change of up 7.24%.\nPLx Pharma(NASDAQ:PLXP) shares were up 16.28% on Tuesday morning to hit a new 52-week high of $20.11.\nHighland Global(NYSE:HGLB) shares broke to $9.54 on Tuesday, setting a new 52-week high with a change of up 1.94%.\nMainStreet Bancshares(NASDAQ:MNSB) shares broke to $24.83 on Tuesday, setting a new 52-week high with a change of up 6.14%.\nAehr Test Systems(NASDAQ:AEHR) shares reached a new 52-week high of $7.15 on Tuesday morning, moving down 3.92%.\nLuby's(NYSE:LUB) shares achieved a new 52-week high on Tuesday morning, hitting $4.09 with a daily change of up 3.05%.\nForward Pharma(NASDAQ:FWP) shares achieved a new 52-week high on Tuesday morning, hitting $13.74 with a daily change of up 11.02%.\nHV Bancorp(NASDAQ:HVBC) shares achieved a new 52-week high on Tuesday morning, hitting $22.21 with a daily change of up 1.28%.\nEquus Total Return(NYSE:EQS) shares reached a new 52-week high of $2.91 on Tuesday morning, moving down 8.21%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":277,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145265992,"gmtCreate":1626226114316,"gmtModify":1633928865119,"author":{"id":"4088836668367240","authorId":"4088836668367240","name":"Gingeryoyo","avatar":"https://static.tigerbbs.com/b784ab8541266d5078d3b6c90eae7cae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088836668367240","authorIdStr":"4088836668367240"},"themes":[],"htmlText":"See see","listText":"See see","text":"See see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145265992","repostId":"1111418784","repostType":4,"repost":{"id":"1111418784","kind":"news","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":1626183009,"share":"https://www.laohu8.com/m/news/1111418784?lang=&edition=full","pubTime":"2021-07-13 21:30","market":"us","language":"en","title":"Dow retreats slightly from record as hot inflation report overshadows strong earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1111418784","media":"Tiger Newspress","summary":"Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong ","content":"<p>Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.</p>\n<p>The Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</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>Dow retreats slightly from record as hot inflation report overshadows strong earnings</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\">\nDow retreats slightly from record as hot inflation report overshadows strong earnings\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\">2021-07-13 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.</p>\n<p>The Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.</p>\n<p>Inflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.</p>\n<p>\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"</p>\n<p>The10-year U.S. Treasury yield edged slightly higher following the CPI report.</p>\n<p>The latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.</p>\n<p>JPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.</p>\n<p>Banks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.</p>\n<p>Meanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.</p>\n<p>PepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.</p>\n<p>Overall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.</p>\n<p>Banks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.</p>\n<p>In the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.</p>\n<p>\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"</p>\n<p>Bank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.</p>\n<p>Federal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111418784","content_text":"Stocks fell slightly on Tuesday after a hotter-than-expected inflation report overshadowed a strong start to second-quarter earnings season.\nThe Dow Jones Industrial average shed 20 points, or 0.1%. The measure closed at a record just below 35,000 the day prior. The S&P 500 lost 0.1%. The Nasdaq Composite also fell 0.1%.\nInflation rose at its fastest pace in nearly 13 years,the Labor Department reported Tuesday. The consumer price index increased 5.4% from a year ago; economists surveyed by Dow Jones expected a 5% gain. Core CPI, excluding food and energy, jumped 4.5%, the sharpest move for that measure since September 1991 and well above the estimate of 3.8%.\n\"A white-hot June CPI print has the markets jittery this morning,\" Cliff Hodge, CIO at Cornerstone Wealth, said. \"Moving forward we expect these inflation numbers to begin to cool. June 2020 was the absolute low for Core CPI during the pandemic shutdown, so the comparisons get tougher from here. Used car prices soared 45% year over year which is not likely to persist in coming months.\"\nThe10-year U.S. Treasury yield edged slightly higher following the CPI report.\nThe latest inflation data came after big banks and PepsiCo posted blowout second-quarter earnings reports beating Wall Street estimates. But with stocks at record highs and the Dow Jones Industrial Average just shy of 35,000, expectations likely ran higher than the official estimates reflected.\nJPMorgan Chase shares dipped in the premarket even after posting second-quarter earningsof $11.9 billion, or $3.78 per share, which exceeded the $3.21 estimate of analysts surveyed by Refinitiv.\nBanks set aside billions of dollars for loan losses amid the pandemic, but have been releasing those reserves as consumers performed better than expected. JPMorgan released $3 billion in loan loss reserves after taking just $734 million in charge-offs. That gave the firm a $2.3 billion benefit, allowing the bank to top earnings expectations. Investors may be giving less credit to JPMorgan's earnings beat due to this loan loss reserve release.\nMeanwhile, Goldman Sachs shared edged about 1% higher in premarket trading. The firm reported second-quarter earnings of $15.02 per share, topping analysts' expectation of $10.24 earnings per share. The bank posted its second-best ever quarterly investment banking revenue as a rush of IPOs hit Wall Street last quarter.\nPepsiCo also crushed estimates for its second-quarter earnings and revenue, fueled by returning restaurant demand. The drink and snack giant also raised its forecast. Shares added more than 1% in premarket trading.\nOverall earnings reports are expected to be stellar for the second quarter over the coming weeks with profit growth estimated at 64% year-over-year for the quarter, according to FactSet. That would be the biggest quarterly profit increase since 2009.\nBanks' earnings are expected to more than double for the second quarter, with an estimated 119.5% estimated year-over-year growth rate, according to analysts polled by FactSet.\nIn the regular trading session on Monday theDowrose 126.02 points to close just below 35,000. The blue-chip measure is up 14% this year. TheS&P 500andNasdaq Compositegained 0.3% and 0.2%, respectively, to record closes.\n\"High expectations for earnings and each companies' forward guidance will push markets higher or disappointment may create a small pullback in equity markets,\" said Jeff Kilburg, chief investment officer at Sanctuary Wealth. \"Eyes will be on the major banks to set the tone for the next few weeks of earnings.\"\nBank of America,Citi group,Wells Fargo and Morgan Stanley all ended Monday higher as well. They will report their earnings later in the week.\nFederal Reserve Chairman Jerome Powellis scheduled to appearin front of Congress Wednesday and Thursday to provide an update on monetary policy. He has maintained that the Fed's easy policies will remain intact until there's more progress on its employment and inflation goals.","news_type":1},"isVote":1,"tweetType":1,"viewCount":224,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145220010,"gmtCreate":1626226217530,"gmtModify":1633928863018,"author":{"id":"4088836668367240","authorId":"4088836668367240","name":"Gingeryoyo","avatar":"https://static.tigerbbs.com/b784ab8541266d5078d3b6c90eae7cae","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088836668367240","authorIdStr":"4088836668367240"},"themes":[],"htmlText":"Hear hear ","listText":"Hear hear ","text":"Hear hear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145220010","repostId":"1153955441","repostType":2,"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
