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Teslastonk
Teslastonk
·
2021-08-14
To the Mars
Tesla Inc Says Technoking Of Tesla And CEO, Elon Musk's 2020 Total Compensation Was Nil Versus $23,760 In 2019 - SEC Filing
Tesla Inc :Tesla Inc Says Technoking Of Tesla And Ceo, Elon Musk'S 2020 Total Compensation Was Nil V
Tesla Inc Says Technoking Of Tesla And CEO, Elon Musk's 2020 Total Compensation Was Nil Versus $23,760 In 2019 - SEC Filing
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Teslastonk
Teslastonk
·
2021-08-03
Up
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Teslastonk
Teslastonk
·
2021-07-30
Yes
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Teslastonk
Teslastonk
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2021-07-30
FAANG
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Teslastonk
Teslastonk
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2021-07-29
To the mars
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Teslastonk
Teslastonk
·
2021-07-17
Like for like
Dow drops nearly 300 points on Friday, snaps 3-week winning streak
U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as
Dow drops nearly 300 points on Friday, snaps 3-week winning streak
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Teslastonk
Teslastonk
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2021-07-14
Yup
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Teslastonk
Teslastonk
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2021-07-13
Yea
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Teslastonk
Teslastonk
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2021-07-07
De🙌
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Teslastonk
Teslastonk
·
2021-07-07
Yes
LIVE MARKETS-Pedal off the medal: U.S. services sector brakes for workers
* S&P 500, Dow slip; Nasdaq green; smallcaps, transports weak * Energy weakest major S&P sector; t
LIVE MARKETS-Pedal off the medal: U.S. services sector brakes for workers
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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\">\nDow drops nearly 300 points on Friday, snaps 3-week winning streak\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-17 08:33 GMT+8 <a href=https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\n...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/07/15/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1198202103","content_text":"U.S. stocks fell on Friday, pushing the Dow Jones Industrials Average into the red for the week, as inflation fears overshadowed strong retail sales numbers and better-than-expected earnings reports.\nThe Dow lost 299.17 points, or 0.86%, to close at 34,687.85. The S&P 500 dipped 0.75% to 4,327.16 and the Nasdaq Composite shed 0.8% to 14,427.24.\nThe three averages closed the week lower to each snap 3-week win streaks. The Dow ended the week down 0.52%, while the S&P 500 dipped 0.97% and the Nasdaq Composite fell 1.87% during the same period.\n\nA U.S.consumer sentimentindex from the University of Michigan came in at 80.8 for the first half of July, down from 85.5 last month and worse than estimates from economists, who projected an increase. The report released Friday showed inflation expectations rising, with consumers believing prices will increase 4.8% in the next year, the highest level since August 2008.\nThe Dow gave up its gains early Friday shortly after the University of Michigan report came out 30 minutes into the session. Losses increased as the day went on with major averages closing at the lows of the session.\nThe consumer sentiment weakness “is at face value hard to square with the acceleration in employment growth and the continued resilience of the stock market,” said Andrew Hunter, senior U.S. economist at Capital Economics, but the report “suggested that concerns over surging inflation are now outweighing those positive trends.”\nInflation fears\nThe market was held back all week by inflation fears although the S&P 500 and Dow did touch new all-time highs briefly. On Tuesday, theconsumer price indexshowed a 5.4% increase in June from a year ago, the fastest pace in nearly 13 years.\nStocks got off to a good start Friday with the Dow rising more than 100 points to above 35,000 shortly after the open.Data released before the bell showed retail and food service salesrose 0.6% in June, while economists surveyed by Dow Jones had expected a 0.4% decline. If that level held, it would have been the Dow’s first close ever above 35,000.\nDespite the week’s losses, the Dow is still up 13% for the year and sits just 1.15% from an all-time high. The S&P 500 is up 15% on the year and is 1.51% below its record level.\n“The market looks broadly fairly valued to me, with most stocks priced to provide a market rate of return plus or minus a few percent,” Bill Miller, chairman and chief investment officer of Miller Value Partners,said in an investor letter.\n“There are pockets of what look like appreciable over-valuation and pockets of significant undervaluation in the US market, in my opinion. We can find plenty of names to fill our portfolios and so remain fully invested,” the value investor added.\nEnergy correction\nEnergy stocks, the hottest part of the market in 2021, fell into correction territory on Friday as oil prices pulled back from their highs.\nThe Energy Select Sector SPDR Fund fell more than 2% on Friday, the worst of any group, dropping 14% from its high. Still, the sector is up about 28% in 2021, making it the top performer of any of the 11 main industry groups.\nWeaker performance from technology stocks also weighed on the market Friday. Shares of Apple closed 1.4% lower afternotching a record closejust two days prior. Netflix shares fell ahead of the streaming giant’s second-quarter earnings report next week.\nInvestors digested strong earnings results from the first major week of second-quarter reports. Though some of the nation’s largest companies posted healthy earnings and revenues amid the economic recovery, the reaction in the stock market has so far been muted.\nThe Financial Select Sector SPDR Fund ended the week 1.5% lower despite big profit growth numbers posted by the likes of JPMorgan Chase and Bank of America.\n“Good earnings might have become an excuse for some investors to take profit. And with earnings expectations so high in general, it takes a really big beat for a company to impress,” JJ Kinahan, TD Ameritrade chief market strategist, said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144303595,"gmtCreate":1626265628617,"gmtModify":1631893455130,"author":{"id":"3578224895450423","authorId":"3578224895450423","name":"Teslastonk","avatar":"https://static.tigerbbs.com/57bab559387d1b04cbaa00a817eb71a7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578224895450423","authorIdStr":"3578224895450423"},"themes":[],"htmlText":"Yup","listText":"Yup","text":"Yup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144303595","repostId":"1160878205","repostType":4,"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145380492,"gmtCreate":1626189769616,"gmtModify":1631893455132,"author":{"id":"3578224895450423","authorId":"3578224895450423","name":"Teslastonk","avatar":"https://static.tigerbbs.com/57bab559387d1b04cbaa00a817eb71a7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578224895450423","authorIdStr":"3578224895450423"},"themes":[],"htmlText":"Yea","listText":"Yea","text":"Yea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145380492","repostId":"1120348548","repostType":4,"isVote":1,"tweetType":1,"viewCount":374,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140715488,"gmtCreate":1625673111944,"gmtModify":1631893455135,"author":{"id":"3578224895450423","authorId":"3578224895450423","name":"Teslastonk","avatar":"https://static.tigerbbs.com/57bab559387d1b04cbaa00a817eb71a7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578224895450423","authorIdStr":"3578224895450423"},"themes":[],"htmlText":"De🙌 ","listText":"De🙌 ","text":"De🙌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140715488","repostId":"2149313903","repostType":4,"isVote":1,"tweetType":1,"viewCount":603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":157535318,"gmtCreate":1625587715434,"gmtModify":1631893455138,"author":{"id":"3578224895450423","authorId":"3578224895450423","name":"Teslastonk","avatar":"https://static.tigerbbs.com/57bab559387d1b04cbaa00a817eb71a7","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578224895450423","authorIdStr":"3578224895450423"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/157535318","repostId":"2149365105","repostType":2,"repost":{"id":"2149365105","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625583700,"share":"https://www.laohu8.com/m/news/2149365105?lang=&edition=full","pubTime":"2021-07-06 23:01","market":"fut","language":"en","title":"LIVE MARKETS-Pedal off the medal: U.S. services sector brakes for workers","url":"https://stock-news.laohu8.com/highlight/detail?id=2149365105","media":"Reuters","summary":"* S&P 500, Dow slip; Nasdaq green; smallcaps, transports weak * Energy weakest major S&P sector; t","content":"<html><body><p>* S&P 500, Dow slip; Nasdaq green; smallcaps, transports weak</p><p> * Energy weakest major S&P sector; tech leads gainers </p><p> * Euro STOXX 600 index down ~0.6%</p><p> * Dollar, gold, bitcoin higher; crude down</p><p> * U.S. 10-Year Treasury yield down for 6th day, now ~1.35%</p><p>Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> PEDAL OFF THE MEDAL: U.S. SERVICES SECTOR BRAKES FOR WORKERS (1105 EDT/1505 GMT) Data released on Tuesday showed the U.S. services sector eased off the accelerator in June, slowing down for the dual speed bumps of scarcity in workers and supplies.</p><p> The Institute for Supply Management's <a href=\"https://laohu8.com/S/ISM\">$(ISM)$</a> non-manufacturing purchasing managers' index <a href=\"https://laohu8.com/S/PMI.UK\">$(PMI.UK)$</a> fell more than expected last month, sliding 3.9 points from an all-time high to a reading of 60.1, bigger than the more modest drop analysts expected. </p><p> A PMI number above 50 signifies expanded activity from the previous month.</p><p> Customer-facing services, which bore the brunt of social distancing restrictions at the outset of the pandemic, are currently caught between booming demand and an inability to fully meet it, with freshly jabbed consumers taking advantage of the reopening economy amid a sea of help wanted signs.</p><p> ISM's employment component, in fact, plunged 6 points into contraction territory and backlog of orders ticked higher. </p><p> \"The rate of expansion in the services sector remains strong, despite the slight pullback in the rate of growth from the previous month's all-time high,\" writes Anthony Nieves, chair of ISM's Services Business Survey Committee. </p><p> \"Challenges with materials shortages, inflation, logistics and employment resources continue to be an impediment to business conditions.\"</p><p> The survey's respondents agree: </p><p> \"Some locations cannot open for business or (have) limited hours, as we cannot staff the restaurant to meet consumer demand,\" (accommodation/food). </p><p> \"Labor market remains tight, and wages have risen at an unprecedented rate. We are expecting a long-term effect on pricing of services,\" (transportation/warehousing). </p><p> \"Severe supply chain disruptions and inflation are continuing in the marketplace, in all sectors,\" (arts/entertainment/recreation). </p><p> Global financial information firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> also released its final take on June services PMI , showing a reading of 64.6, down from 70.4 in May.</p><p> ISM and Markit PMI indexes differ in the weight they apply to various subcomponents, such as new orders, employment, and others.</p><p> The graphic below shows how the two indexes have differed in recent years.</p><p> Investors were in a selling mood in late morning trading, with a broad sell-off hitting economically sensitive cyclicals, transports and smallcaps the hardest.</p><p> (Stephen Culp)</p><p> *****</p><p> WALL STREET MIXED AS LOW YIELDS SPUR GROWTH STOCKS (1011 EDT/1411 GMT)</p><p> The broad market opened slightly lower on Monday, with the S&P 500 and the Dow Industrials trading in the red, but growth stocks and the Nasdaq rising in a trend that gained force late last week as worries about inflation dissipated. </p><p> The Russell 1000 Growth index is up 0.4%, while the Russell 1000 Value index is falling around 0.8%. </p><p> A majority of major S&P 500 sectors are red with energy</p><p> the weakest group. Tech leads gainers.</p><p> Oil prices hit multi-year highs after OPEC+ producers clashed over plans to raise supply to meet rising global demand. However, NYMEX crude futures are now down on the day.</p><p> Gold prices are rising on a benign outlook for inflation, as the yield on the U.S. 10-year Treasury note</p><p> falling for a 6th straight day to around 1.36%.</p><p> Here is an early trade snapshot:</p><p> (Herbert Lash)</p><p> *****</p><p> S&P 500 SIZZLES, SERVES UP A RARE STREAK (0900 EDT/1300 GMT)</p><p> The S&P 500 has been running hot. In fact, at just over the half-way mark for 2021, the benchmark index has already registered 36 record closing highs this year, putting it on pace for the most record closes since 62 in 2017. </p><p> Additionally, the SPX has notched 7-straight record daily closes. This is its longest run on consecutive record highs since an 8-day streak in June 1997.</p><p> A run of 8-straight record high closes appears fairly rare, but, of note, there certainly seems to be something about the June/July time frame. Using Refinitiv data back to early 1928, the SPX has only seen 8-straight record-high closes two other times beside June 1997. One was in September 1995, and the other was in June/July 1964.</p><p> The most consecutive record-high daily closes the SPX has seen going back to 1928, were two 9-day streaks: <a href=\"https://laohu8.com/S/AONE\">one</a> in June 1955 and <a href=\"https://laohu8.com/S/AONE.U\">one</a> in June/July 1929.</p><p> Along with its rare streak, the SPX's daily RSI is now the most overbought its been since mid-April of this year and early-September of last year:</p><p> From those points, the SPX either immediately declined, or struggled. It topped on Sept. 2, and slid about 10% on a closing basis over the next 14 trading days. From the April reading, it managed to extend only around 1% over the next 15 trading days, before then declining around 4% over the next 3 trading days.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR MONDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SPX07062021 Earlytrade07062021 ISM services PMI Markit v ISM </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>","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>LIVE MARKETS-Pedal off the medal: U.S. services sector brakes for workers</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\">\nLIVE MARKETS-Pedal off the medal: U.S. services sector brakes for workers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-06 23:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>* S&P 500, Dow slip; Nasdaq green; smallcaps, transports weak</p><p> * Energy weakest major S&P sector; tech leads gainers </p><p> * Euro STOXX 600 index down ~0.6%</p><p> * Dollar, gold, bitcoin higher; crude down</p><p> * U.S. 10-Year Treasury yield down for 6th day, now ~1.35%</p><p>Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com</p><p> PEDAL OFF THE MEDAL: U.S. SERVICES SECTOR BRAKES FOR WORKERS (1105 EDT/1505 GMT) Data released on Tuesday showed the U.S. services sector eased off the accelerator in June, slowing down for the dual speed bumps of scarcity in workers and supplies.</p><p> The Institute for Supply Management's <a href=\"https://laohu8.com/S/ISM\">$(ISM)$</a> non-manufacturing purchasing managers' index <a href=\"https://laohu8.com/S/PMI.UK\">$(PMI.UK)$</a> fell more than expected last month, sliding 3.9 points from an all-time high to a reading of 60.1, bigger than the more modest drop analysts expected. </p><p> A PMI number above 50 signifies expanded activity from the previous month.</p><p> Customer-facing services, which bore the brunt of social distancing restrictions at the outset of the pandemic, are currently caught between booming demand and an inability to fully meet it, with freshly jabbed consumers taking advantage of the reopening economy amid a sea of help wanted signs.</p><p> ISM's employment component, in fact, plunged 6 points into contraction territory and backlog of orders ticked higher. </p><p> \"The rate of expansion in the services sector remains strong, despite the slight pullback in the rate of growth from the previous month's all-time high,\" writes Anthony Nieves, chair of ISM's Services Business Survey Committee. </p><p> \"Challenges with materials shortages, inflation, logistics and employment resources continue to be an impediment to business conditions.\"</p><p> The survey's respondents agree: </p><p> \"Some locations cannot open for business or (have) limited hours, as we cannot staff the restaurant to meet consumer demand,\" (accommodation/food). </p><p> \"Labor market remains tight, and wages have risen at an unprecedented rate. We are expecting a long-term effect on pricing of services,\" (transportation/warehousing). </p><p> \"Severe supply chain disruptions and inflation are continuing in the marketplace, in all sectors,\" (arts/entertainment/recreation). </p><p> Global financial information firm IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> also released its final take on June services PMI , showing a reading of 64.6, down from 70.4 in May.</p><p> ISM and Markit PMI indexes differ in the weight they apply to various subcomponents, such as new orders, employment, and others.</p><p> The graphic below shows how the two indexes have differed in recent years.</p><p> Investors were in a selling mood in late morning trading, with a broad sell-off hitting economically sensitive cyclicals, transports and smallcaps the hardest.</p><p> (Stephen Culp)</p><p> *****</p><p> WALL STREET MIXED AS LOW YIELDS SPUR GROWTH STOCKS (1011 EDT/1411 GMT)</p><p> The broad market opened slightly lower on Monday, with the S&P 500 and the Dow Industrials trading in the red, but growth stocks and the Nasdaq rising in a trend that gained force late last week as worries about inflation dissipated. </p><p> The Russell 1000 Growth index is up 0.4%, while the Russell 1000 Value index is falling around 0.8%. </p><p> A majority of major S&P 500 sectors are red with energy</p><p> the weakest group. Tech leads gainers.</p><p> Oil prices hit multi-year highs after OPEC+ producers clashed over plans to raise supply to meet rising global demand. However, NYMEX crude futures are now down on the day.</p><p> Gold prices are rising on a benign outlook for inflation, as the yield on the U.S. 10-year Treasury note</p><p> falling for a 6th straight day to around 1.36%.</p><p> Here is an early trade snapshot:</p><p> (Herbert Lash)</p><p> *****</p><p> S&P 500 SIZZLES, SERVES UP A RARE STREAK (0900 EDT/1300 GMT)</p><p> The S&P 500 has been running hot. In fact, at just over the half-way mark for 2021, the benchmark index has already registered 36 record closing highs this year, putting it on pace for the most record closes since 62 in 2017. </p><p> Additionally, the SPX has notched 7-straight record daily closes. This is its longest run on consecutive record highs since an 8-day streak in June 1997.</p><p> A run of 8-straight record high closes appears fairly rare, but, of note, there certainly seems to be something about the June/July time frame. Using Refinitiv data back to early 1928, the SPX has only seen 8-straight record-high closes two other times beside June 1997. One was in September 1995, and the other was in June/July 1964.</p><p> The most consecutive record-high daily closes the SPX has seen going back to 1928, were two 9-day streaks: <a href=\"https://laohu8.com/S/AONE\">one</a> in June 1955 and <a href=\"https://laohu8.com/S/AONE.U\">one</a> in June/July 1929.</p><p> Along with its rare streak, the SPX's daily RSI is now the most overbought its been since mid-April of this year and early-September of last year:</p><p> From those points, the SPX either immediately declined, or struggled. It topped on Sept. 2, and slid about 10% on a closing basis over the next 14 trading days. From the April reading, it managed to extend only around 1% over the next 15 trading days, before then declining around 4% over the next 3 trading days.</p><p> (Terence Gabriel)</p><p> *****</p><p> FOR MONDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE: </p><p> <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SPX07062021 Earlytrade07062021 ISM services PMI Markit v ISM </p><p> ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^></p><p>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2149365105","content_text":"* S&P 500, Dow slip; Nasdaq green; smallcaps, transports weak * Energy weakest major S&P sector; tech leads gainers * Euro STOXX 600 index down ~0.6% * Dollar, gold, bitcoin higher; crude down * U.S. 10-Year Treasury yield down for 6th day, now ~1.35%Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com PEDAL OFF THE MEDAL: U.S. SERVICES SECTOR BRAKES FOR WORKERS (1105 EDT/1505 GMT) Data released on Tuesday showed the U.S. services sector eased off the accelerator in June, slowing down for the dual speed bumps of scarcity in workers and supplies. The Institute for Supply Management's $(ISM)$ non-manufacturing purchasing managers' index $(PMI.UK)$ fell more than expected last month, sliding 3.9 points from an all-time high to a reading of 60.1, bigger than the more modest drop analysts expected. A PMI number above 50 signifies expanded activity from the previous month. Customer-facing services, which bore the brunt of social distancing restrictions at the outset of the pandemic, are currently caught between booming demand and an inability to fully meet it, with freshly jabbed consumers taking advantage of the reopening economy amid a sea of help wanted signs. ISM's employment component, in fact, plunged 6 points into contraction territory and backlog of orders ticked higher. \"The rate of expansion in the services sector remains strong, despite the slight pullback in the rate of growth from the previous month's all-time high,\" writes Anthony Nieves, chair of ISM's Services Business Survey Committee. \"Challenges with materials shortages, inflation, logistics and employment resources continue to be an impediment to business conditions.\" The survey's respondents agree: \"Some locations cannot open for business or (have) limited hours, as we cannot staff the restaurant to meet consumer demand,\" (accommodation/food). \"Labor market remains tight, and wages have risen at an unprecedented rate. We are expecting a long-term effect on pricing of services,\" (transportation/warehousing). \"Severe supply chain disruptions and inflation are continuing in the marketplace, in all sectors,\" (arts/entertainment/recreation). Global financial information firm IHS Markit also released its final take on June services PMI , showing a reading of 64.6, down from 70.4 in May. ISM and Markit PMI indexes differ in the weight they apply to various subcomponents, such as new orders, employment, and others. The graphic below shows how the two indexes have differed in recent years. Investors were in a selling mood in late morning trading, with a broad sell-off hitting economically sensitive cyclicals, transports and smallcaps the hardest. (Stephen Culp) ***** WALL STREET MIXED AS LOW YIELDS SPUR GROWTH STOCKS (1011 EDT/1411 GMT) The broad market opened slightly lower on Monday, with the S&P 500 and the Dow Industrials trading in the red, but growth stocks and the Nasdaq rising in a trend that gained force late last week as worries about inflation dissipated. The Russell 1000 Growth index is up 0.4%, while the Russell 1000 Value index is falling around 0.8%. A majority of major S&P 500 sectors are red with energy the weakest group. Tech leads gainers. Oil prices hit multi-year highs after OPEC+ producers clashed over plans to raise supply to meet rising global demand. However, NYMEX crude futures are now down on the day. Gold prices are rising on a benign outlook for inflation, as the yield on the U.S. 10-year Treasury note falling for a 6th straight day to around 1.36%. Here is an early trade snapshot: (Herbert Lash) ***** S&P 500 SIZZLES, SERVES UP A RARE STREAK (0900 EDT/1300 GMT) The S&P 500 has been running hot. In fact, at just over the half-way mark for 2021, the benchmark index has already registered 36 record closing highs this year, putting it on pace for the most record closes since 62 in 2017. Additionally, the SPX has notched 7-straight record daily closes. This is its longest run on consecutive record highs since an 8-day streak in June 1997. A run of 8-straight record high closes appears fairly rare, but, of note, there certainly seems to be something about the June/July time frame. Using Refinitiv data back to early 1928, the SPX has only seen 8-straight record-high closes two other times beside June 1997. One was in September 1995, and the other was in June/July 1964. The most consecutive record-high daily closes the SPX has seen going back to 1928, were two 9-day streaks: one in June 1955 and one in June/July 1929. Along with its rare streak, the SPX's daily RSI is now the most overbought its been since mid-April of this year and early-September of last year: From those points, the SPX either immediately declined, or struggled. It topped on Sept. 2, and slid about 10% on a closing basis over the next 14 trading days. From the April reading, it managed to extend only around 1% over the next 15 trading days, before then declining around 4% over the next 3 trading days. (Terence Gabriel) ***** FOR MONDAY'S LIVE MARKETS' POSTS PRIOR TO 0900 EDT/1300 GMT - CLICK HERE: <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ SPX07062021 Earlytrade07062021 ISM services PMI Markit v ISM ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Terence Gabriel is a Reuters market analyst. The views expressed are his own)","news_type":1},"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}