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2021-04-12

U.S. stocks fell in Monday open, Alibaba is up more than 6%

(April 12) U.S. stocks fell in Monday open. Alibaba is up more than 6%. XPeng rally,XPeng to Debut N

U.S. stocks fell in Monday open, Alibaba is up more than 6%

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Alibaba is up more than 6%. XPeng rally,XPeng to Debut N","content":"(April 12)&nbsp;U.S. stocks fell in Monday open. Alibaba is up more than 6%. XPeng rally,XPeng to Debut New LiDAR-Equipped Smart EV.U.S. stocks held steady near record levels on Monday as muted trading resumed before the first-quarter earnings season and the release of widely-watched inflation data.The S&amp;P 500 dipped 0.1% from a closing high hit in the previous session. The Dow Jones Industrial Average slipped 50 points, while the Nasdaq Composite fell 0.3%.Reopening plays fell slightly with shares of Carnival and Gap off about 1%. United Airlines fell about 1% after the carrier said its first-quarter revenue is expected to fall 66% compared with the same period in 2019. The new guidance fells near the top of the range between 65% and 70% that the company had previously forecast.Shares of Nuance Communications jumped 18% after Microsoft announced it will buy the speech recognition companyin a $16 billion deal.The Nuance acquisition represents Microsoft’s largest acquisition since it bought LinkedIn for more than $26 billion in 2016.Tesla gained 1.5% to around $686 after Canaccord Genuityupgraded the stock to buyand raised its price target to $1,071, citing its battery innovations.The movement in the futures market followed yet another record close for the Dow Jones Industrial Average on Friday, when it jumped nearly 300 points to end at 33,800.60. The S&amp;P 500 gained 0.8% and hit its third straight record close.Stocks linked to the recovering economy led many of last week's gains as vaccination efforts throughout the U.S. accelerated. Both the Dow and the S&amp;P 500 climbed at least 2% last week. The Nasdaq rallied 3.1% over the same period as some traders snapped up big tech names.The first-quarter earningsreporting season begins this week, with expectations set for broadly positive news and an uptrend for U.S. equities thanks to a recovering economy. Many of the nation's largest banks, includingGoldman SachsandJPMorgan Chasewill this week report results for the three months ended March 31.The coming week is also packed with Federal Reserve speeches and key economic data including a hotly anticipated inflation reading Tuesday, when the U.S. consumer price index is released.The central bank's chairman, Jerome Powell, kicked off the week of multiple Fed appearances with an interview that aired Sunday evening on CBS News' \"60 Minutes.\"During the interview, Powell reiterated that the Fed wants to see inflation rise above its 2% for an extended period before officials move to raise interest rates.\"We want to see inflation move up to 2% — and we mean that on a sustainable basis, we don't mean just tap the base once,\" he said. \"But then we'd also like to see it on track to move moderately above 2% for some time.\"He added that amid an accelerated Covid-19 vaccine rollout and strong fiscal support, the U.S. economyappears to be at a turning point.\"What we're seeing now is really an economy that seems to be at an inflection point,\" he said.Powell will also speak Wednesday at an Economic Club of Washington event.Investors will also keep an eye on President Joe Biden’s effort to advance a major infrastructure proposal known as the American Jobs Plan. Biden, who with other Democrats promised significant an infrastructure overhaul in the 2020 elections, willmeet with a bipartisan group of lawmakerson Monday to try to persuade Capitol Hill to back the $2 trillion package.Congress will return to Washington this week and be in session for the first time since Biden debuted his proposal, which earmarks hundreds of billions of dollars for roads, bridges, airports, broadband, electric vehicles, housing and job training.“A positive fiscal shock, strong housing tailwinds, a large stock of savings, and the Fed letting inflation run above 2% mark a fundamentally different economic backdrop,” Evercore ISI equity strategist Dennis DeBusschere wrote in an email. “US data is expected to be strong this week and US vaccinations are increasing. Real rates are still too negative and are headed higher, supporting risk-on factor outperformance.”The president’s plan would also increase the corporate tax rate to 28% and crack down on other overseas tax avoidance strategies.","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>U.S. stocks fell in Monday open, Alibaba is up more than 6%</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\">\nU.S. stocks fell in Monday open, Alibaba is up more than 6%\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\">\nTiger Newspress \n2021-04-12 21:34\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n(April 12)&nbsp;U.S. stocks fell in Monday open. Alibaba is up more than 6%. XPeng rally,XPeng to Debut New LiDAR-Equipped Smart EV.U.S. stocks held steady near record levels on Monday as muted trading resumed before the first-quarter earnings season and the release of widely-watched inflation data.The S&amp;P 500 dipped 0.1% from a closing high hit in the previous session. The Dow Jones Industrial Average slipped 50 points, while the Nasdaq Composite fell 0.3%.Reopening plays fell slightly with shares of Carnival and Gap off about 1%. United Airlines fell about 1% after the carrier said its first-quarter revenue is expected to fall 66% compared with the same period in 2019. The new guidance fells near the top of the range between 65% and 70% that the company had previously forecast.Shares of Nuance Communications jumped 18% after Microsoft announced it will buy the speech recognition companyin a $16 billion deal.The Nuance acquisition represents Microsoft’s largest acquisition since it bought LinkedIn for more than $26 billion in 2016.Tesla gained 1.5% to around $686 after Canaccord Genuityupgraded the stock to buyand raised its price target to $1,071, citing its battery innovations.The movement in the futures market followed yet another record close for the Dow Jones Industrial Average on Friday, when it jumped nearly 300 points to end at 33,800.60. The S&amp;P 500 gained 0.8% and hit its third straight record close.Stocks linked to the recovering economy led many of last week's gains as vaccination efforts throughout the U.S. accelerated. Both the Dow and the S&amp;P 500 climbed at least 2% last week. The Nasdaq rallied 3.1% over the same period as some traders snapped up big tech names.The first-quarter earningsreporting season begins this week, with expectations set for broadly positive news and an uptrend for U.S. equities thanks to a recovering economy. Many of the nation's largest banks, includingGoldman SachsandJPMorgan Chasewill this week report results for the three months ended March 31.The coming week is also packed with Federal Reserve speeches and key economic data including a hotly anticipated inflation reading Tuesday, when the U.S. consumer price index is released.The central bank's chairman, Jerome Powell, kicked off the week of multiple Fed appearances with an interview that aired Sunday evening on CBS News' \"60 Minutes.\"During the interview, Powell reiterated that the Fed wants to see inflation rise above its 2% for an extended period before officials move to raise interest rates.\"We want to see inflation move up to 2% — and we mean that on a sustainable basis, we don't mean just tap the base once,\" he said. \"But then we'd also like to see it on track to move moderately above 2% for some time.\"He added that amid an accelerated Covid-19 vaccine rollout and strong fiscal support, the U.S. economyappears to be at a turning point.\"What we're seeing now is really an economy that seems to be at an inflection point,\" he said.Powell will also speak Wednesday at an Economic Club of Washington event.Investors will also keep an eye on President Joe Biden’s effort to advance a major infrastructure proposal known as the American Jobs Plan. Biden, who with other Democrats promised significant an infrastructure overhaul in the 2020 elections, willmeet with a bipartisan group of lawmakerson Monday to try to persuade Capitol Hill to back the $2 trillion package.Congress will return to Washington this week and be in session for the first time since Biden debuted his proposal, which earmarks hundreds of billions of dollars for roads, bridges, airports, broadband, electric vehicles, housing and job training.“A positive fiscal shock, strong housing tailwinds, a large stock of savings, and the Fed letting inflation run above 2% mark a fundamentally different economic backdrop,” Evercore ISI equity strategist Dennis DeBusschere wrote in an email. “US data is expected to be strong this week and US vaccinations are increasing. Real rates are still too negative and are headed higher, supporting risk-on factor outperformance.”The president’s plan would also increase the corporate tax rate to 28% and crack down on other overseas tax avoidance strategies.\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":"1102319861","content_text":"(April 12) U.S. stocks fell in Monday open. Alibaba is up more than 6%. XPeng rally,XPeng to Debut New LiDAR-Equipped Smart EV.U.S. stocks held steady near record levels on Monday as muted trading resumed before the first-quarter earnings season and the release of widely-watched inflation data.The S&P 500 dipped 0.1% from a closing high hit in the previous session. The Dow Jones Industrial Average slipped 50 points, while the Nasdaq Composite fell 0.3%.Reopening plays fell slightly with shares of Carnival and Gap off about 1%. United Airlines fell about 1% after the carrier said its first-quarter revenue is expected to fall 66% compared with the same period in 2019. The new guidance fells near the top of the range between 65% and 70% that the company had previously forecast.Shares of Nuance Communications jumped 18% after Microsoft announced it will buy the speech recognition companyin a $16 billion deal.The Nuance acquisition represents Microsoft’s largest acquisition since it bought LinkedIn for more than $26 billion in 2016.Tesla gained 1.5% to around $686 after Canaccord Genuityupgraded the stock to buyand raised its price target to $1,071, citing its battery innovations.The movement in the futures market followed yet another record close for the Dow Jones Industrial Average on Friday, when it jumped nearly 300 points to end at 33,800.60. The S&P 500 gained 0.8% and hit its third straight record close.Stocks linked to the recovering economy led many of last week's gains as vaccination efforts throughout the U.S. accelerated. Both the Dow and the S&P 500 climbed at least 2% last week. The Nasdaq rallied 3.1% over the same period as some traders snapped up big tech names.The first-quarter earningsreporting season begins this week, with expectations set for broadly positive news and an uptrend for U.S. equities thanks to a recovering economy. Many of the nation's largest banks, includingGoldman SachsandJPMorgan Chasewill this week report results for the three months ended March 31.The coming week is also packed with Federal Reserve speeches and key economic data including a hotly anticipated inflation reading Tuesday, when the U.S. consumer price index is released.The central bank's chairman, Jerome Powell, kicked off the week of multiple Fed appearances with an interview that aired Sunday evening on CBS News' \"60 Minutes.\"During the interview, Powell reiterated that the Fed wants to see inflation rise above its 2% for an extended period before officials move to raise interest rates.\"We want to see inflation move up to 2% — and we mean that on a sustainable basis, we don't mean just tap the base once,\" he said. \"But then we'd also like to see it on track to move moderately above 2% for some time.\"He added that amid an accelerated Covid-19 vaccine rollout and strong fiscal support, the U.S. economyappears to be at a turning point.\"What we're seeing now is really an economy that seems to be at an inflection point,\" he said.Powell will also speak Wednesday at an Economic Club of Washington event.Investors will also keep an eye on President Joe Biden’s effort to advance a major infrastructure proposal known as the American Jobs Plan. Biden, who with other Democrats promised significant an infrastructure overhaul in the 2020 elections, willmeet with a bipartisan group of lawmakerson Monday to try to persuade Capitol Hill to back the $2 trillion package.Congress will return to Washington this week and be in session for the first time since Biden debuted his proposal, which earmarks hundreds of billions of dollars for roads, bridges, airports, broadband, electric vehicles, housing and job training.“A positive fiscal shock, strong housing tailwinds, a large stock of savings, and the Fed letting inflation run above 2% mark a fundamentally different economic backdrop,” Evercore ISI equity strategist Dennis DeBusschere wrote in an email. “US data is expected to be strong this week and US vaccinations are increasing. Real rates are still too negative and are headed higher, supporting risk-on factor outperformance.”The president’s plan would also increase the corporate tax rate to 28% and crack down on other overseas tax avoidance strategies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}