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2022-02-02

Wall St Posts Gains after Choppy Session, Energy Index Hits New Peak

* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend*

Wall St Posts Gains after Choppy Session, Energy Index Hits New Peak

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The index is, by far, the best performer in 2022, up 23.2%, as U.S. crude hovers near a seven-year high.</p><p>Those strong energy prices helped Exxon Mobil Corp to post its biggest quarterly profit in seven years on Tuesday. Its stock jumped 6.4% as a result, to close above the $80-per-share mark for the first time since April 2019.</p><p>As of Tuesday, 184 S&amp;P 500 companies posted quarterly results, of which 78.8% reported earnings above analyst expectations, according to Refinitiv.</p><p>Google parent Alphabet Inc rose 1.7% ahead of quarterly results published after the bell. Amazon Inc and <a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> Inc are also on deck later this week.</p><p>Of those which reported earlier on Tuesday, United Parcel Service Inc jumped 14.1% - its biggest <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day gain in 18 months - after projecting 2022 revenue above market expectations.</p><p>AT&amp;T Inc dropped 4.2% after saying it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc and also cut its dividend by nearly half.</p><p>Volume on U.S. exchanges was 11.71 billion shares, compared with the 12.45 billion average for the full session over the last 20 trading days.</p><p>The S&amp;P 500 posted 18 new 52-week highs and one new low; the Nasdaq Composite recorded 43 new highs and 18 new lows.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta 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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\">\nWall St Posts Gains after Choppy Session, Energy Index Hits New Peak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-02 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-st-posts-213756846.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend* Indexes rise: Dow 0.78%, S&P 0.69%, Nasdaq 0.75%All three Wall Street benchmarks advanced on Tuesday...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-st-posts-213756846.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4514":"搜索引擎","BK4201":"综合性石油与天然气企业","BK4516":"特朗普概念","BK4023":"应用软件","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","LHDX":"Lucira Health, Inc.","BK4553":"喜马拉雅资本持仓","APR":"Apria, Inc.","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","LABP":"Landos Biopharma, Inc.","BK4139":"生物科技","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4007":"制药","BK4525":"远程办公概念","BK4566":"资本集团","BK4196":"保健护理服务","GOOG":"谷歌","ONTF":"ON24, Inc.","BK4082":"医疗保健设备","BK4559":"巴菲特持仓","BK4527":"明星科技股","GOOGL":"谷歌A","BK4077":"互动媒体与服务","T":"美国电话电报","BK4538":"云计算","COMP":"Compass, Inc.","BK4550":"红杉资本持仓","CGEM":"Cullinan Therapeutics",".SPX":"S&P 500 Index","BK4503":"景林资产持仓","SPY":"标普500ETF","BK4561":"索罗斯持仓","XOM":"埃克森美孚","BK4504":"桥水持仓","SANA":"Sana Biotechnology, Inc.","BK4548":"巴美列捷福持仓"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-st-posts-213756846.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2208359771","content_text":"* Exxon Mobil gains on strong results* UPS jumps on upbeat forecast* AT&T down on halving dividend* Indexes rise: Dow 0.78%, S&P 0.69%, Nasdaq 0.75%All three Wall Street benchmarks advanced on Tuesday and the energy index closed at a record high, although seesaw trading reflected investor uncertainty about how to play the current market.Recent sessions have been choppy, as the prospect of an aggressive rate-hike campaign by the U.S. Federal Reserve looms large and investors seek to position themselves accordingly - a task not made easy by lingering pandemic influences on the economy and geopolitical tension in Europe.But despite losing 5.3% and 3.3% in January respectively, the S&P 500 and the Dow have now recorded three straight days of gains, with the Nasdaq - which dropped 8.99% in the first month of 2022 - posting four positive sessions in the last five.It did not look like that would happen earlier in the session, when all three benchmarks traded lower in the wake of data from the Labor Department and the ISM's purchasing managers' index (PMI).\"You're starting to see that there are a lot of investors who are concerned about valuations going forward, but there are others who are worried about growth, so it seems the wall of worry keeps on growing as the economy exits this pandemic,\" said Ed Moya, senior market analyst at OANDA.Philadelphia Fed President Patrick Harker said on Tuesday it may be appropriate for the U.S. central bank to raise rates four times this year, while Atlanta Fed president Raphael Bostic said the Fed needs to act \"soon\" to control inflation expectations.Traders are betting on five rate hikes this year, with some Wall Street analysts expecting seven hikes.\"This will be the year when Fed will pull back support ... the markets will not be on steroids anymore and may go through a phase of detox,\" said Anu Gaggar, global investment strategist at Commonwealth Financial Network.Geopolitical tensions added to market volatility, with Ukraine's president signing a decree to boost his armed forces by 100,000 troops over three years, as European leaders lined up to back him in a standoff with Russia and the United States demanded immediate Russian de-escalation.The Dow Jones Industrial Average rose 273.38 points, or 0.78%, to 35,405.24, the S&P 500 gained 30.99 points, or 0.69%, to 4,546.54 and the Nasdaq Composite added 106.12 points, or 0.75%, to 14,346.00.Once again, energy led the major S&P sectors, gaining 3.5% to close at a record high. The index is, by far, the best performer in 2022, up 23.2%, as U.S. crude hovers near a seven-year high.Those strong energy prices helped Exxon Mobil Corp to post its biggest quarterly profit in seven years on Tuesday. Its stock jumped 6.4% as a result, to close above the $80-per-share mark for the first time since April 2019.As of Tuesday, 184 S&P 500 companies posted quarterly results, of which 78.8% reported earnings above analyst expectations, according to Refinitiv.Google parent Alphabet Inc rose 1.7% ahead of quarterly results published after the bell. Amazon Inc and Meta Platforms Inc are also on deck later this week.Of those which reported earlier on Tuesday, United Parcel Service Inc jumped 14.1% - its biggest one-day gain in 18 months - after projecting 2022 revenue above market expectations.AT&T Inc dropped 4.2% after saying it will spin off WarnerMedia in a $43 billion transaction to merge its media properties with Discovery Inc and also cut its dividend by nearly half.Volume on U.S. exchanges was 11.71 billion shares, compared with the 12.45 billion average for the full session over the last 20 trading days.The S&P 500 posted 18 new 52-week highs and one new low; the Nasdaq Composite recorded 43 new highs and 18 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1007,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}