Good news! This is a necesary _老虎社区_美港股上老虎

Joseph23
2021-07-20

Good news! This is a necesary healthy dip in a bull market.

Markets Stabilize After Worst Fall for Stocks in Months

Dow futures, oil and bond yields rise, injecting some calm into markets. U.S. stock futures pointed

Markets Stabilize After Worst Fall for Stocks in Months

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This is a necesary healthy dip in a bull market.","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/178904147","repostId":1149956232,"repostType":4,"repost":{"id":"1149956232","pubTimestamp":1626772136,"share":"https://www.laohu8.com/m/news/1149956232?lang=&edition=full","pubTime":"2021-07-20 17:08","market":"us","language":"en","title":"Markets Stabilize After Worst Fall for Stocks in Months","url":"https://stock-news.laohu8.com/highlight/detail?id=1149956232","media":"The Wall Street Journal","summary":"Dow futures, oil and bond yields rise, injecting some calm into markets.\n\nU.S. stock futures pointed","content":"<blockquote>\n Dow futures, oil and bond yields rise, injecting some calm into markets.\n</blockquote>\n<p>U.S. stock futures pointed to a rebound Tuesday, after major indexes tumbled Monday on concerns over the spread of Covid-19 variants and potential setbacks to the economic recovery.</p>\n<p>Futures tied to the Dow Jones Industrial Average rose 0.7%, suggesting a reversal for the blue-chip index that fell more than 700 points Monday in itsworst session since October. S&amp;P 500 futures rose 0.5% and Nasdaq 100 futures climbed 0.5%, pointing to a turnaround for both the broad-market index and technology stocks.</p>\n<p>Investors have grown concerned over the Delta coronavirus variant, prompting a reassessment of the economy’s prospects. 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The WSJ Dollar Index hovered around its highest level since March, up another 0.1%.</p>\n<p>Oil prices also ticked upafter tumbling Mondayon fears that Covid-19 could curb energy demand again. Brent crude added 0.3%, after dropping 6.8% in its worst daily performance since March. U.S. benchmark West Texas Intermediate also rose 0.3%, after logging its biggest drop since September.</p>\n<p>“We sometimes forget that when we’ve had periods of very strong performance and low volatility, small bumps in the market do feel like they are more than they are,” said Shaniel Ramjee, a multiasset fund manager at Pictet Asset Management.</p>\n<p>Earnings season is under way, with tobacco giantPhilip Morris Internationaland insurance company Travelers Companies scheduled to report ahead of the opening bell.Netflix,Chipotle Mexican Grilland United Airlines are slated to post earnings after markets close.</p>\n<p>Cryptocurrencies extended their declines, with bitcoin dropping below $30,000 Tuesday for the first time in a month. It declined nearly 3% from its level at 5 p.m. ET the previous day to around $29,800.</p>\n<p>Overseas, the pan-continental Stoxx Europe 600 rose 0.9%. Among European equities, UBS climbed 2.6% after postingbetter-than-expected earningsfor the second quarter, driven by strong client activity and buoyant markets. Mining giantBHP Grouprose 2% after reportingstrong quarterly operations.</p>\n<p>In Asia, most major benchmarks extended Monday’s declines. The Shanghai Composite Index lost another 0.1% and Hong Kong’s Hang Seng tumbled 0.8%.</p>\n<p>A gauge of housing starts in the U.S. in June is set for release at 8:30 a.m. ET. 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S&P 500 futures rose 0.5% and Nasdaq 100 futures climbed 0.5%, pointing to a turnaround for both the broad-market index and technology stocks.\nInvestors have grown concerned over the Delta coronavirus variant, prompting a reassessment of the economy’s prospects. Despite this, the three major stock indexes each closed only around 3% down from their all-time highs Monday, underscoring the strength of the rally that powered equity markets in the first half of the year.\n“When you get a selloff like we had yesterday, there are certainly going to be some investors who are going to see that as an opportunity to invest for the longer term,” said Kiran Ganesh, a multiasset strategist atUBSGlobal Wealth Management. “Especially where the 10-year [Treasury] yields have gone, that still points to the default position for investors as long equities, because there are simply very few other options.”\nIn bond markets, the yield on the benchmark 10-year U.S. Treasury note edged up to 1.200%, after dropping to 1.181% Monday in thebiggest daily decline since March. Prices rise when yields fall. The WSJ Dollar Index hovered around its highest level since March, up another 0.1%.\nOil prices also ticked upafter tumbling Mondayon fears that Covid-19 could curb energy demand again. Brent crude added 0.3%, after dropping 6.8% in its worst daily performance since March. U.S. benchmark West Texas Intermediate also rose 0.3%, after logging its biggest drop since September.\n“We sometimes forget that when we’ve had periods of very strong performance and low volatility, small bumps in the market do feel like they are more than they are,” said Shaniel Ramjee, a multiasset fund manager at Pictet Asset Management.\nEarnings season is under way, with tobacco giantPhilip Morris Internationaland insurance company Travelers Companies scheduled to report ahead of the opening bell.Netflix,Chipotle Mexican Grilland United Airlines are slated to post earnings after markets close.\nCryptocurrencies extended their declines, with bitcoin dropping below $30,000 Tuesday for the first time in a month. It declined nearly 3% from its level at 5 p.m. ET the previous day to around $29,800.\nOverseas, the pan-continental Stoxx Europe 600 rose 0.9%. Among European equities, UBS climbed 2.6% after postingbetter-than-expected earningsfor the second quarter, driven by strong client activity and buoyant markets. Mining giantBHP Grouprose 2% after reportingstrong quarterly operations.\nIn Asia, most major benchmarks extended Monday’s declines. The Shanghai Composite Index lost another 0.1% and Hong Kong’s Hang Seng tumbled 0.8%.\nA gauge of housing starts in the U.S. in June is set for release at 8:30 a.m. ET. 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Markets Stabilize After Worst Fall for Stocks in Months

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