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- Rj2Rj2
  ·2021-03-03
  Oh no
  Wall Street ends lower as Apple and Tesla retreat
  - Wall Street ended lower on Tuesday, pulled down by Apple and Tesla, while materials stocks climbed as investors waited for the U.S. Congress to approve another stimulus package.Following strong gains in the prior session, technology shares dipped in the resumption of a rotation by investors out of stocks that outperformed due to the coronavirus pandemic and into others viewed as likely to do well as the economy recovers. The S&P 500 materials and consumer staples sector indexes rose.“Part of
  Wall Street ends lower as Apple and Tesla retreat
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- Rj2Rj2
  ·2021-03-03
  Nice
  Cathie Wood’s ARK Innovation ETF had record inflows of $464M
  The flagship exchange traded fund ARK Innovation(NYSEARCA:ARKK)led by Cathie Wood has seen record in
  Cathie Wood’s ARK Innovation ETF had record inflows of $464M
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The S&P 500 materials and consumer staples sector indexes rose.Yields on the benchmark 10-year Treasury bonds have stabilized after hitting a one-year high last week.“Part of it is just because technology went up so much last year, and if interest rates are on the rise then the value of their future cash flows is diminished,” said Tom Hainlin, global investment strategist at U.S. Bank Wealth Management.The S&P 500 on Monday logged its best day since June as markets cheered approval of a third COVID-19 vaccine in the United States and the U.S. House of Representatives’ green light for a $1.9 trillion coronavirus relief package.The U.S. Senate will start debating President Joe Biden’s relief bill this week when Democrats aim to pass the legislation through a maneuver known as “reconciliation,” which would allow the bill to pass with a simple majority.Apple dipped about 2% and Tesla declined more than 4%, with the two companies contributing the most to the S&P 500’s loss for the day.The S&P 500 technology sector index dropped 1.6%, extending a pullback from late last month after a selloff in the U.S. bond market sparked fears over highly valued stocks. The consumer discretionary index dipped 1.3%, with Amazon falling 1.6%.The Dow Jones Industrial Average fell 0.46% to end at 31,391.52 points, while the S&P 500 lost 0.81% to 3,870.29.The Nasdaq Composite dropped 1.69% to 13,358.79.The Russell 2000 index of smaller companies declined 1.9%, trimming its gain in 2021 to about 13%, compared with the S&P 500’s rise of 3% in the same period.Heavily shorted mortgage provider Rocket Companies surged 71% in its third straight day of gains as the stock drew interest on Reddit’s popular WallStreetBets.Kohl’s Corp rose 0.6% after it posted holiday-quarter results beyond market expectations on a boost in online sales and as the company reined in costs.TV ratings provider Nielsen jumped 7.6% after it sold its advanced video advertising business to television streaming platform provider Roku. Shares of Roku dropped 7.3%.Declining issues outnumbered advancing ones on the NYSE by a 1.36-to-1 ratio; on Nasdaq, a 2.64-to-1 ratio favored decliners.The S&P 500 posted 30 new 52-week highs and no new lows; the Nasdaq Composite recorded 165 new highs and 57 new lows.Volume on U.S. exchanges was 12.3 billion shares, compared with the 14.9 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365875620,"gmtCreate":1614731673960,"gmtModify":1703480380372,"author":{"id":"3577196867822038","authorId":"3577196867822038","name":"Rj2","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577196867822038","authorIdStr":"3577196867822038"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/365875620","repostId":"1142281266","repostType":4,"repost":{"id":"1142281266","kind":"news","pubTimestamp":1614696354,"share":"https://www.laohu8.com/m/news/1142281266?lang=&edition=full","pubTime":"2021-03-02 22:45","market":"us","language":"en","title":"Cathie Wood’s ARK Innovation ETF had record inflows of $464M","url":"https://stock-news.laohu8.com/highlight/detail?id=1142281266","media":"seekingalpha","summary":"The flagship exchange traded fund ARK Innovation(NYSEARCA:ARKK)led by Cathie Wood has seen record in","content":"<p>The flagship exchange traded fund ARK Innovation(NYSEARCA:ARKK)led by Cathie Wood has seen record inflows back into the fund.According to data put together by Bloomberg, ARKK saw an inflow of $464 million on Friday Feb. 26th. This is the second highest inflow of funds ARKK has ever seen and it comes right after last week’srecord outflow of $456 million.</p><p>Alarmed by escalating bond yields, investors sold off the pricier aspects of the market last week which ARKK has key holdings in. ARKK has seen a nice recovery with the start of this week up 4.18% on Monday and into this morning after a 12.93% drop in last weeks selloff.</p><p>Thanks to some uplifting moves in Monday’s performance in Tesla(NASDAQ:TSLA)and Roku(NASDAQ:ROKU)which were both up 6.36% and 6.33% respectively, ARKK has reverted back to its mean. With additional news that India is now persuading Elon Musk and Tesla to leave China for lower production costs, it will have speculators eyeing the potential proposition which can fuel ARKK further.</p><p>Cathie Wood's ARK Innovation fund looks to continue its inflow of funds as news came out that ARKK has also added shares of Teladoc Health&nbsp;(NYSE:TDOC)to its fund.Ark Invest has also added key holdings in other ARK funds as well.</p>","source":"seekingalpha","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>Cathie Wood’s ARK Innovation ETF had record inflows of $464M</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\">\nCathie Wood’s ARK Innovation ETF had record inflows of $464M\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3668298-cathie-woods-ark-innovation-etf-had-inflows-of-464m><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The flagship exchange traded fund ARK Innovation(NYSEARCA:ARKK)led by Cathie Wood has seen record inflows back into the fund.According to data put together by Bloomberg, ARKK saw an inflow of $464 ...</p>\n\n<a href=\"https://seekingalpha.com/news/3668298-cathie-woods-ark-innovation-etf-had-inflows-of-464m\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://seekingalpha.com/news/3668298-cathie-woods-ark-innovation-etf-had-inflows-of-464m","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1142281266","content_text":"The flagship exchange traded fund ARK Innovation(NYSEARCA:ARKK)led by Cathie Wood has seen record inflows back into the fund.According to data put together by Bloomberg, ARKK saw an inflow of $464 million on Friday Feb. 26th. This is the second highest inflow of funds ARKK has ever seen and it comes right after last week’srecord outflow of $456 million.Alarmed by escalating bond yields, investors sold off the pricier aspects of the market last week which ARKK has key holdings in. ARKK has seen a nice recovery with the start of this week up 4.18% on Monday and into this morning after a 12.93% drop in last weeks selloff.Thanks to some uplifting moves in Monday’s performance in Tesla(NASDAQ:TSLA)and Roku(NASDAQ:ROKU)which were both up 6.36% and 6.33% respectively, ARKK has reverted back to its mean. With additional news that India is now persuading Elon Musk and Tesla to leave China for lower production costs, it will have speculators eyeing the potential proposition which can fuel ARKK further.Cathie Wood's ARK Innovation fund looks to continue its inflow of funds as news came out that ARKK has also added shares of Teladoc Health (NYSE:TDOC)to its fund.Ark Invest has also added key holdings in other ARK funds as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}