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U.S. stock market opens slightly lower on Wednesday as investors await Beige book

Tiger Newspress2021-09-08

(Sept 8) U.S. stock market opens slightly lower on Wednesday as investors await Beige book.

The Dow Jones Industrial Average rose just 3 points. The S&P 500 traded around the flat line. The Nasdaq Composite fell 0.4% after closing at a record on Tuesday.

Some China concepts stocks fell in early trading.

Kadmon surged over 70%  in early trading. Sanofi strengthens transplant business with acquisition of Kadmon for $1.9B.

Softbank Group Corp rose for second day as investors hope for buybacks. “We think a buyback is now likely,” Citigroup Inc. analyst Mitsunobu Tsuruo wrote in a note on Wednesday, after the announcement of the Deutsche Telekom deal that will see SoftBank acquire 4.5% of the German carrier as well as sell part of its stake in T-Mobile US Inc.

That deal should eventually cash out over 1.45 trillion yen ($13.1 billion) in total that may be allotted to a “major share buyback,” Tsuruo wrote.

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评论23

  • KhunSao
    ·2021-09-09
    😰
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  • Leekeez
    ·2021-09-09
    Ok
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  • WCS1981
    ·2021-09-09
    Hope it will go back up last 2 days of the week💪💪
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    收起
    • IAS
      Yea
      2021-09-09
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  • Dreamchaser9
    ·2021-09-09
    Ok
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  • SSVC
    ·2021-09-09
    Ok Appreciate your comments and response Thanks 
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  • koolgal
    ·2021-09-09
    The bear is back but I hope he will leave soon.  However it is a great time to go bargain hunting!  🐻🐻🐻
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    • Gaga71
      Yes buying spree
      2021-09-09
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    • koolgal
      Oh yes!  Need a warchest too! 👍😊
      2021-09-09
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    • Wayneqq
      But is only taking a small break after the past few days of rally… the prices are all still elevated [Sweats]
      2021-09-09
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    查看更多 2 条评论
  • replaygoh
    ·2021-09-09
    good
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    • 来人
      Yes
      2021-09-09
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  • ba2blcksheep
    ·2021-09-09
    great 
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  • SanWangtikup
    ·2021-09-08
    Ok
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  • Yazuu
    ·2021-09-08
    Like plox
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  • JinkR
    ·2021-09-08
    Tell me your opinion about this news...
    回复
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    • MNCoffee
      nice
      2021-09-09
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    • JinkR
      Nice 😊
      2021-09-08
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    • Bluetan
      Ok
      2021-09-08
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  • Fiona888
    ·2021-09-08
    Yes
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    收起
    • Fiona888
      yes
      2021-09-08
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  • chocoying
    ·2021-09-08
    Like please
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  • Skygeemusic
    ·2021-09-08
    Take note 
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  • Tiffany81
    ·2021-09-08
    Like please
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    收起
    • K20
      done
      2021-09-08
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  • JiaocyTi
    ·2021-09-08
    Too high
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    收起
    • ALLOYHUAT
      Ok
      2021-09-08
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    • JiaocyTi
      Risky
      2021-09-08
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  • NPC69
    ·2021-09-08
    Like
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  • NPC69
    ·2021-09-08
    Like
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  • Val準凖
    ·2021-09-08
    Is very low 
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    • Honeybacon
      O
      2021-09-09
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    • CYKuan
      just for this time being
      2021-09-08
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  • 121e44b7
    ·2021-09-08
    Hmm
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