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(Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-12T21:39:56+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe Nasdaq Composite rose 116.50 points or 0.91% to 12,896.41\u003c/li\u003e\n \u003cli\u003eChipmaker Nvidia surged 3.1% and Meta Platforms gained 1.7%\u003c/li\u003e\n \u003cli\u003eEnergy stocks were trading in the red as the US oil price fell 2.5%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660320594269,\\\"strCount\\\":3075,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks rose sharply in early trade on \u003ca href=\\\\\\\"https://opoyi.com/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e Friday and added to weekly gains for the benchmark indexes. The S\u0026amp;P 500 rose 25.69 points or 0.61% to 4,232.96 as of 10:18 am Eastern time. About 85% of stocks in the index were trading in green. It is on track for its first four-week winning streak since last year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/samsung-leader-jay-y-lee-granted-pardon-by-south-koreas-president-724495/\\\\\\\"\u003eSamsung leader Jay Y Lee granted pardon by South Korea's president\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average rose 116.39 points or 0.35% to 33,453.06. The Nasdaq Composite rose 116.50 points or 0.91% to 12,896.41.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and communications stock were the biggest gainers in broader market. Chipmaker Nvidia surged 3.1% and \u003ca href=\\\\\\\"https://opoyi.com/technology/metas-latest-chatbot-becomes-anti-semitic-develops-trumps-rhetoric-721762/\\\\\\\"\u003eMeta \u003c/a\u003ePlatforms gained 1.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy stocks were trading in the red as the US oil price fell 2.5%. Hess slipped 1.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/johnson-johnson-to-stop-selling-talc-based-baby-powder-globally-724410/\\\\\\\"\u003eJohnson \u0026amp; Johnson to stop selling talc-based baby powder globally\u003c/a\u003e\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-hikes-interest-rate-by-75-basis-points-to-fight-inflation-711312/\\\\\\\"\u003eFederal Reserve’s\u003c/a\u003e policies to curb \u003ca href=\\\\\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\\\\\"\u003einflation \u003c/a\u003eremain a priority for Wall Street. Investors have been looking for some relief from the record high inflation in four decades and stocks rallied on Wednesday after an encouraging report on consumer prices from the Labor Department.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/business/what-is-wholesale-price-index-wpi-707196/\\\\\\\"\u003ewholesale inflation\u003c/a\u003e also slowed more than economists expected last month, according to an official report released on Thursday. On Friday, a survey by the University of Michigan showed that consumer sentiment is stronger than expected by economists.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/wellnes-app-calm-lays-off-40-of-workforce-as-tech-cuts-continue-724346/\\\\\\\"\u003eWellness app Calm lays off 40% of workforce as tech cuts continue\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury slipped to 2.86% from 2.88% late Thursday. It remains below the two-year yield, which is at 3.25%. According to some investors, this is a reliable indicator of a pending recession and the economy has already contracted for two consecutive quarters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Next week, the Commerce Department will release its retail sales report for July. Retail giant Walmart will release its latest financial results.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/famous-author-salman-rushdie-attacked-on-lecture-stage-in-new-york-724673/\\\\\\\"\u003eFamous author Salman Rushdie attacked on lecture stage in New York\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors will get more insights into the health of the housing market when they receive a report on home sales for July and the latest earnings from Home Depot.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Walmart","slug":"walmart","id":"xZhtJX8hukit","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"Meta","slug":"meta","id":"Cb4BlMHMuRsq","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-12T21:39:54+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks rose sharply in early trade on Wall Street Friday and added to weekly gains for the benchmark indexes. The S\u0026P 500 rose 25.69 points or 0.61% to 4,232.96 as of 10:18 am Eastern time. About 85% of stocks in the index were trading in green. It is on track for its first four-week winning streak since last year. Also Read | Samsung leader Jay Y Lee granted pardon by South Korea's president,The Dow Jones Industrial Average rose 116.39 points or 0.35% to 33,453.06. The Nasdaq Composite rose 116.50 points or 0.91% to 12,896.41. Technology and communications stock were the biggest gainers in broader market. Chipmaker Nvidia surged 3.1% and Meta Platforms gained 1.7%. Energy stocks were trading in the red as the US oil price fell 2.5%. Hess slipped 1.1%. Also Read | Johnson \u0026 Johnson to stop selling talc-based baby powder globally ,The Federal Reserve’s policies to curb inflation remain a priority for Wall Street. Investors have been looking for some relief from the record high inflation in four decades and stocks rallied on Wednesday after an encouraging report on consumer prices from the Labor Department. The wholesale inflation also slowed more than economists expected last month, according to an official report released on Thursday. On Friday, a survey by the University of Michigan showed that consumer sentiment is stronger than expected by economists. Also Read | Wellness app Calm lays off 40% of workforce as tech cuts continue,The yield on the 10-year Treasury slipped to 2.86% from 2.88% late Thursday. It remains below the two-year yield, which is at 3.25%. According to some investors, this is a reliable indicator of a pending recession and the economy has already contracted for two consecutive quarters. Next week, the Commerce Department will release its retail sales report for July. Retail giant Walmart will release its latest financial results. Also Read | Famous author Salman Rushdie attacked on lecture stage in New York,Investors will get more insights into the health of the housing market when they receive a report on home sales for July and the latest earnings from Home Depot.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Chipmaker Nvidia,Meta Platforms,US,The Federal Reserve,the Labor Department,the University of Michigan,Treasury,the Commerce Department,Home Depot","originalPublishedOn":"2022-08-12T21:39:54+05:30"}},{"node":{"id":"KTVi3TUacBEW","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-12","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-12-723860/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-11T21:00:39+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe Nasdaq Composite was 132.23 or 1.03% higher at 12,987.04\u003c/li\u003e\n \u003cli\u003eWalt Disney surged 7.9% after reporting better-than-expected profits\u003c/li\u003e\n \u003cli\u003eEnergy stocks as a group on the S\u0026amp;P 500 jumped 1.6%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660231837293,\\\"strCount\\\":3876,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks continued to rise in early trade on Wall Street Thursday after another report by the Labor Department showed \u003ca href=\\\\\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\\\\\"\u003econsumer prices\u003c/a\u003e dropped in July.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was 38.79 points or 0.92% higher at 4,249.03 following a report showing \u003ca href=\\\\\\\"https://opoyi.com/business/what-is-wholesale-price-index-wpi-707196/\\\\\\\"\u003ewholesale inflation\u003c/a\u003e dropped more than economists anticipated in July. It raised hopes that inflation may be close to a peak and that the \u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-hikes-interest-rate-by-75-basis-points-to-fight-inflation-711312/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e might ease off its aggressive stance on interest rate hikes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/gaming-industry-to-see-spending-slowdown-amidst-slowing-pandemic-growth-723516/\\\\\\\"\u003eGaming industry to see spending slowdown amidst slowing pandemic growth\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average was 295 points or 0.9% higher at 33,603 as of 10:13 am Eastern time. The Nasdaq Composite was 132.23 or 1.03% higher at 12,987.04.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Traders continued to reduce their bets on how big the Fed's next rate hike will be, causing Treasury yields to fall. \u003ca href=\\\\\\\"https://opoyi.com/topics/cryptocurrency/\\\\\\\"\u003eCryptocurrencies\u003c/a\u003e also witnessed gains on Wednesday, when relief flowed through markets after a report showed \u003ca href=\\\\\\\"https://opoyi.com/business/what-is-consumer-price-index-cpi-707159/\\\\\\\"\u003eCPI inflation\u003c/a\u003e declined to 8.5% against market expectation of 8.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/how-the-inflation-reduction-act-would-help-boost-climate-control-in-us-723393/\\\\\\\"\u003eHow the Inflation Reduction Act would help boost climate control in US\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"About 90% of the stocks in the index rose on Thursday following an encouraging signal of inflation. The Walt Disney Co. surged 7.9% for the biggest rally in the index after the entertainment company reported better-than-expected profits for the previous quarter. Other media companies also rallied, with Paramount Global rising 5.9% and Warner Bros. Discovery up 5.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/new-social-media-platform-elon-musk-reveals-mysterious-xcom-723578/\\\\\\\"\u003eNew social media platform: Elon Musk reveals mysterious x.com\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy stocks as a group on the S\u0026amp;P 500 jumped 1.6%. Financial companies also witnessed solid gains. Concerns about a looming recession are still hovering over the market, as the Federal Reserve continues to raise interest rates to fight inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/researcher-uses-25-hacking-tool-to-access-to-starlink-network-723397/\\\\\\\"\u003eResearcher uses $25 hacking tool to access Starlink network\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A strong jobs market has offered a strong counterweight, leading to a dampened outlook for the economy. According to a report released on Thursday, fewer \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e workers filed for unemployment claims last week than expected, a possibly encouraging sign about layoffs. But it was nevertheless the highest number since November.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/elon-musk-accuses-twitter-of-hiding-witnesses-from-his-lawyers-723375/\\\\\\\"\u003eElon Musk accuses Twitter of hiding witnesses from his lawyers\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In markets abroad, European markets were mixed, while \u003ca href=\\\\\\\"https://opoyi.com/business/asian-shares-track-wall-street-gains-on-cooling-inflation-723499/\\\\\\\"\u003eAsian markets\u003c/a\u003e ended mostly higher. In \u003ca href=\\\\\\\"https://opoyi.com/topics/thailand/\\\\\\\"\u003eThailand\u003c/a\u003e, the SET fell 0.2% after the country’s central bank increased its benchmark interest rate by 0.25 percentage points to 0.75%. The Southeast \u003ca href=\\\\\\\"https://opoyi.com/topics/asian/\\\\\\\"\u003eAsian\u003c/a\u003e country has been severely impacted by the pandemic, which shattered its most-significant tourism sector.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"Unemployment","slug":"unemployment","id":"GGAvMRbN3j1m","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Easter","slug":"easter","id":"6tIw80GmSjQI","isSection":0},{"name":"Cryptocurrency","slug":"cryptocurrency","id":"L7OoyefNLuEh","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Asian","slug":"asian","id":"nmNTdCK1480o","isSection":0},{"name":"Thailand","slug":"thailand","id":"5yIqpMCqnSui","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-11T21:00:38+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks continued to rise in early trade on Wall Street Thursday after another report by the Labor Department showed consumer prices dropped in July. The S\u0026P 500 was 38.79 points or 0.92% higher at 4,249.03 following a report showing wholesale inflation dropped more than economists anticipated in July. It raised hopes that inflation may be close to a peak and that the Federal Reserve might ease off its aggressive stance on interest rate hikes. Also Read | Gaming industry to see spending slowdown amidst slowing pandemic growth,The Dow Jones Industrial Average was 295 points or 0.9% higher at 33,603 as of 10:13 am Eastern time. The Nasdaq Composite was 132.23 or 1.03% higher at 12,987.04. Traders continued to reduce their bets on how big the Fed's next rate hike will be, causing Treasury yields to fall. Cryptocurrencies also witnessed gains on Wednesday, when relief flowed through markets after a report showed CPI inflation declined to 8.5% against market expectation of 8.7%. Also Read | How the Inflation Reduction Act would help boost climate control in US,About 90% of the stocks in the index rose on Thursday following an encouraging signal of inflation. The Walt Disney Co. surged 7.9% for the biggest rally in the index after the entertainment company reported better-than-expected profits for the previous quarter. Other media companies also rallied, with Paramount Global rising 5.9% and Warner Bros. Discovery up 5.7%. Also Read | New social media platform: Elon Musk reveals mysterious x.com,Energy stocks as a group on the S\u0026P 500 jumped 1.6%. Financial companies also witnessed solid gains. Concerns about a looming recession are still hovering over the market, as the Federal Reserve continues to raise interest rates to fight inflation. Also Read | Researcher uses $25 hacking tool to access Starlink network,A strong jobs market has offered a strong counterweight, leading to a dampened outlook for the economy. According to a report released on Thursday, fewer US workers filed for unemployment claims last week than expected, a possibly encouraging sign about layoffs. But it was nevertheless the highest number since November. Also Read | Elon Musk accuses Twitter of hiding witnesses from his lawyers,In markets abroad, European markets were mixed, while Asian markets ended mostly higher. In Thailand, the SET fell 0.2% after the country’s central bank increased its benchmark interest rate by 0.25 percentage points to 0.75%. The Southeast Asian country has been severely impacted by the pandemic, which shattered its most-significant tourism sector.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"the Federal Reserve,the Labor Department,Easter,Fed,Treasury,Warner Bros. Discovery,US,European,Asian,Thailand,SET,Southeast Asian","originalPublishedOn":"2022-08-11T21:00:38+05:30"}},{"node":{"id":"qpYVwqCZes31","slug":"english/us-premarket-walt-disney-sonos-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-walt-disney-sonos-and-other-stocks-making-biggest-moves-723747/","title":"US Premarket: Walt Disney, Sonos and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Sonos announced the departure of CFO Brittany Bagley as of September 1 (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-11T18:45:04+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eDisney surged 8.9% after posting better-than-expected quarterly results\u003c/li\u003e\n \u003cli\u003eSonos tumbled 17.6% after its breakeven quarter surprised analysts\u003c/li\u003e\n \u003cli\u003eSix Flags plunged 12.8% after reporting disappointing quarterly results\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660223699929,\\\"strCount\\\":3322,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWalt Disney (DIS)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Disney surged 8.9% in premarket action after posting better-than-expected quarterly results. It also announced a December 8 launch date for an ad-supported version of its Disney+ streaming service. It would hike the price of its ad-free service by $10.99 per month from $7.99.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/ed-launches-probe-into-crypto-exchanges-for-money-laundering-of-rs-1000-crore-723540/\\\\\\\"\u003eED launches probe into crypto exchanges for money laundering of Rs 1,000 crore\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSonos (SONO)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock tumbled 17.6% in the premarket after its breakeven quarter surprised analysts, who were expecting a profit. Revenue was also below the market expectations. The company slashed its full-year forecast at the pace of economic challenges. The high-end sneakers maker also announced the departure of CFO Brittany Bagley as of September 1.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/how-the-inflation-reduction-act-would-help-boost-climate-control-in-us-723393/\\\\\\\"\u003eHow the Inflation Reduction Act would help boost climate control in US\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCanada Goose (GOOS) \u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The outerwear marker’s stock gained 2.4% in the premarket after it reported a smaller-than-expected quarterly loss, with revenue beating analyst forecast. Canada Goose is the latest luxury retailer to see its high-end consumers maintain their spending levels.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/new-social-media-platform-elon-musk-reveals-mysterious-xcom-723578/\\\\\\\"\u003eNew social media platform: Elon Musk reveals mysterious x.com\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSix Flags (SIX)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the theme park operator plunged 12.8% in premarket after reporting disappointing quarterly results. Six Flags’ results were significantly hit by a 22% drop in attendance, among other factors.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/researcher-uses-25-hacking-tool-to-access-to-starlink-network-723397/\\\\\\\"\u003eResearcher uses $25 hacking tool to access Starlink network\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBumble (BMBL)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the dating service operator fell 8.9% in the premarket after it slashed its annual revenue outlook. Bumble is facing strong competition from rivals such as Tinder parent Match Group (MTCH). Its Badoo dating app, which is popular in Western Europe, has been hurt by the war in \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/gaming-industry-to-see-spending-slowdown-amidst-slowing-pandemic-growth-723516/\\\\\\\"\u003eGaming industry to see spending slowdown amidst slowing pandemic growth\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eUtz brands\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the salty snacks maker jumped 8,2% in premarket action after reporting better-than-expected quarterly profit and revenue. The company also raised its full-year sales forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/asian-shares-track-wall-street-gains-on-cooling-inflation-723499/\\\\\\\"\u003eAsian shares track Wall Street gains on cooling inflation\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCardinal Health (CAH)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Cardinal Health slipped 1% in premarket trading after the pharmaceutical distributor reported a mixed quarter, along with earnings that exceeded Street forecasts while revenue came up short of estimates. Cardinal Health also announced that CEO Mike Kaufmann will leave on September 1. He will be succeeded by Chief Financial Officer Jason Hollar.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WaltDisney","slug":"waltdisney","id":"ZWsZhDcL3oBr","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-11T18:45:01+05:30","publisher":0,"sourceFeed":null,"cleanText":"Walt Disney (DIS),Disney surged 8.9% in premarket action after posting better-than-expected quarterly results. It also announced a December 8 launch date for an ad-supported version of its Disney+ streaming service. It would hike the price of its ad-free service by $10.99 per month from $7.99. Also Read | ED launches probe into crypto exchanges for money laundering of Rs 1,000 crore,Sonos (SONO),The stock tumbled 17.6% in the premarket after its breakeven quarter surprised analysts, who were expecting a profit. Revenue was also below the market expectations. The company slashed its full-year forecast at the pace of economic challenges. The high-end sneakers maker also announced the departure of CFO Brittany Bagley as of September 1. Also Read | How the Inflation Reduction Act would help boost climate control in US,Canada Goose (GOOS) ,The outerwear marker’s stock gained 2.4% in the premarket after it reported a smaller-than-expected quarterly loss, with revenue beating analyst forecast. Canada Goose is the latest luxury retailer to see its high-end consumers maintain their spending levels. Also Read | New social media platform: Elon Musk reveals mysterious x.com,Six Flags (SIX),Shares of the theme park operator plunged 12.8% in premarket after reporting disappointing quarterly results. Six Flags’ results were significantly hit by a 22% drop in attendance, among other factors. Also Read | Researcher uses $25 hacking tool to access Starlink network,Bumble (BMBL),Shares of the dating service operator fell 8.9% in the premarket after it slashed its annual revenue outlook. Bumble is facing strong competition from rivals such as Tinder parent Match Group (MTCH). Its Badoo dating app, which is popular in Western Europe, has been hurt by the war in Ukraine. Also Read | Gaming industry to see spending slowdown amidst slowing pandemic growth,Utz brands,Shares of the salty snacks maker jumped 8,2% in premarket action after reporting better-than-expected quarterly profit and revenue. The company also raised its full-year sales forecast. Also Read | Asian shares track Wall Street gains on cooling inflation,Cardinal Health (CAH),Cardinal Health slipped 1% in premarket trading after the pharmaceutical distributor reported a mixed quarter, along with earnings that exceeded Street forecasts while revenue came up short of estimates. Cardinal Health also announced that CEO Mike Kaufmann will leave on September 1. He will be succeeded by Chief Financial Officer Jason Hollar.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Cardinal Health,Walt Disney,DIS,CFO Brittany Bagley,Canada Goose,Tinder parent Match Group,Western Europe,Ukraine,Mike Kaufmann,Jason Hollar","originalPublishedOn":"2022-08-11T18:45:01+05:30"}},{"node":{"id":"3YFXhCLzZouB","slug":"english/asian-shares-track-wall-street-gains-on-cooling-inflation-1","slugV2":"business/asian-shares-track-wall-street-gains-on-cooling-inflation-723499/","title":"Asian shares track Wall Street gains on cooling inflation","postType":1,"coverMedia":"/opoyi_Oz1RO2OSy.jpg","coverCaption":"Recession worries have built as the highest inflation in 40 years squeezes households and corporations around the world. (Photo Credit: Representative Image/Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-11T12:31:36+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eHong Kong, Shanghai and Seoul saw gains of more than 1%\u003c/li\u003e\n \u003cli\u003eThe U.S. dollar rose to 133.03 Japanese yen from 132.93 yen\u003c/li\u003e\n \u003cli\u003eBrent crude, the basis for international pricing, lost 5 cents to $97.35\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660201295363,\\\"strCount\\\":5658,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares advanced Thursday in \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e after benchmarks closed at three-month highs on \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e as investors cheered a report showing \u003ca href=\\\\\\\"https://opoyi.com/topics/inflation/\\\\\\\"\u003einflation\u003c/a\u003e cooled more than expected in July. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Hong Kong, \u003ca href=\\\\\\\"https://opoyi.com/topics/shanghai/\\\\\\\"\u003eShanghai\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/seoul/\\\\\\\"\u003eSeoul\u003c/a\u003e saw gains of more than 1%. \u003ca href=\\\\\\\"https://opoyi.com/topics/tokyo/\\\\\\\"\u003eTokyo\u003c/a\u003e was closed for a holiday. U.S. futures edged higher, while oil prices slipped.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indian-companies-bought-russian-coal-using-yuan-euro-instead-of-us-dollar-723438/\\\\\\\"\u003eIndian companies bought Russian coal using yuan, euro instead of US dollar\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The government said Wednesday that consumer inflation jumped 8.5% in July from a year earlier. But that was down from June’s four-decade high of 9.1%. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 surged 2.1% on expectations that slower inflation will mean the Federal Reserve may moderate its interest rates hikes. Technology stocks, cryptocurrencies and other investments that have been among the year’s biggest losers due to the Fed’s aggressive rate hikes led the way.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/sensex-surges-580-points-nifty-rises-by-159-points-in-early-trade-723449/\\\\\\\"\u003eSensex surges 580 points, Nifty rises by 159 points in early trade\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/asian/\\\\\\\"\u003eAsian\u003c/a\u003e markets also took heart. Hong Kong's Hang Seng index added 2.2% to 20,044.76, while the Shanghai Composite index gained 1.6%, to 3,281.09. The Kospi in Seoul rose 1.4% to 2,515.45. In \u003ca href=\\\\\\\"https://opoyi.com/topics/australia/\\\\\\\"\u003eAustralia\u003c/a\u003e, the S\u0026amp;P/ASX 200 climbed 0.9% to 7,057.30. Taiwan's Taiex was up 1.7%. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In \u003ca href=\\\\\\\"https://opoyi.com/topics/thailand/\\\\\\\"\u003eThailand\u003c/a\u003e, the SET picked up 0.4% after the country's central bank raised its benchmark interest rate by 0.25 percentage points to 0.75% a day earlier. The Southeast Asian country's economy has been hard hit by the pandemic, which ravaged its all-important tourism sector.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-2-up-on-wednesday-723384/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500, Nasdaq and Russell ended over 2% up on Wednesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Still, experts warned the war against inflation is not over. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“It’s of course great to see the latest inflation print come lower-than-expected, but first, one data point doesn’t make a trend, and we had a similar surprise earlier this year, but then inflation spiked to fresh multi-decade highs the following month,\\\\\\\" Ipek Ozkardeskaya of Swissquote Bank said in a report. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"She noted that softer energy prices were the main factor tempering inflation, while prices for food, housing and wages pushed higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\\\\\"\u003eUS CPI inflation drops to 8.5% in July, beats expectations\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wall Street, the S\u0026amp;P 500 rose 87.77 points Wednesday to 4,210.24, hitting its highest levels since early May. It is now nearly 15% above its mid-June low.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Nasdaq composite, whose many high-growth and expensive-looking stocks have been particularly vulnerable to interest rates, jumped 2.9% to 12,854.80. It's up more than 20% from June.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average rose 1.6% to 33,309.51. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks, cryptocurrencies and other of the year's hardest-hit investments were some of the day's biggest winners. \u003ca href=\\\\\\\"https://opoyi.com/topics/bitcoin/\\\\\\\"\u003eBitcoin\u003c/a\u003e rose 2.2% to just under $24,000.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate slips from 40-year peak | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The inflation data encouraged traders to scale back bets for how much the Fed will raise interest rates at its next meeting. Interest rates help set where prices go across financial markets and higher rates tend to pull down prices for everything from stocks to commodities to crypto.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Other reports this week will show how inflation is doing at the wholesale level and whether U.S. households are still ratcheting down their expectations for coming inflation, an influential data point for Fed officials. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Recession worries have built as the highest inflation in 40 years squeezes households and corporations around the world. Wall Street is closely watching to see if the Fed can succeed in hitting the brakes on the economy and cooling inflation without veering into a \u003ca href=\\\\\\\"https://opoyi.com/topics/recession/\\\\\\\"\u003erecession\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-soars-after-inflation-cools-more-than-expected-723033/\\\\\\\"\u003eWall Street soars after inflation cools more than expected\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e will get a few more highly anticipated reports before its next announcement on interest rates, on Sept. 21. They could also alter its stance. Those include data on hiring trends across the economy, due Sept. 2, and the next update on consumer inflation, coming on Sept. 13. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In other trading, U.S. benchmark crude oil shed 9 cents to $91.84 per barrel in electronic trading on the New York Mercantile Exchange. It gained $1.43 to $91.93 on Wednesday. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Brent crude, the basis for international pricing, lost 5 cents to $97.35. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/dollar/\\\\\\\"\u003eU.S. dollar\u003c/a\u003e rose to 133.03 Japanese yen from 132.93 yen late Wednesday. The euro slipped to $1.0293 from $1.0300. \\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Forex","slug":"forex","id":"RljaSYLZDBMy","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Seoul","slug":"seoul","id":"IKa02lK4rMhn","isSection":0},{"name":"HongKong","slug":"hongkong","id":"NjExvisxSkdf","isSection":0},{"name":"Shanghai","slug":"shanghai","id":"xMXKjwe1VUvc","isSection":0},{"name":"Tokyo","slug":"tokyo","id":"Ee9xq687hhH0","isSection":0},{"name":"Asian","slug":"asian","id":"nmNTdCK1480o","isSection":0},{"name":"Australia","slug":"australia","id":"GHNRwuPQRAbw","isSection":0},{"name":"Taiwan","slug":"taiwan","id":"AmHZqT1DMin1","isSection":0},{"name":"Thailand","slug":"thailand","id":"5yIqpMCqnSui","isSection":0},{"name":"Bitcoin","slug":"bitcoin","id":"b6gsXRHnIQWf","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-11T12:31:32+05:30","publisher":0,"sourceFeed":"d0bc1dab8592fe","cleanText":"Shares advanced Thursday in Asia after benchmarks closed at three-month highs on Wall Street as investors cheered a report showing inflation cooled more than expected in July. ,Hong Kong, Shanghai and Seoul saw gains of more than 1%. Tokyo was closed for a holiday. U.S. futures edged higher, while oil prices slipped. Also Read| Indian companies bought Russian coal using yuan, euro instead of US dollar,The government said Wednesday that consumer inflation jumped 8.5% in July from a year earlier. But that was down from June’s four-decade high of 9.1%. ,The S\u0026P 500 surged 2.1% on expectations that slower inflation will mean the Federal Reserve may moderate its interest rates hikes. Technology stocks, cryptocurrencies and other investments that have been among the year’s biggest losers due to the Fed’s aggressive rate hikes led the way. Also Read| Sensex surges 580 points, Nifty rises by 159 points in early trade,Asian markets also took heart. Hong Kong's Hang Seng index added 2.2% to 20,044.76, while the Shanghai Composite index gained 1.6%, to 3,281.09. The Kospi in Seoul rose 1.4% to 2,515.45. In Australia, the S\u0026P/ASX 200 climbed 0.9% to 7,057.30. Taiwan's Taiex was up 1.7%. ,In Thailand, the SET picked up 0.4% after the country's central bank raised its benchmark interest rate by 0.25 percentage points to 0.75% a day earlier. The Southeast Asian country's economy has been hard hit by the pandemic, which ravaged its all-important tourism sector. Also Read| US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended over 2% up on Wednesday,Still, experts warned the war against inflation is not over. ,“It’s of course great to see the latest inflation print come lower-than-expected, but first, one data point doesn’t make a trend, and we had a similar surprise earlier this year, but then inflation spiked to fresh multi-decade highs the following month, Ipek Ozkardeskaya of Swissquote Bank said in a report. ,She noted that softer energy prices were the main factor tempering inflation, while prices for food, housing and wages pushed higher. Also Read| US CPI inflation drops to 8.5% in July, beats expectations,On Wall Street, the S\u0026P 500 rose 87.77 points Wednesday to 4,210.24, hitting its highest levels since early May. It is now nearly 15% above its mid-June low. The Nasdaq composite, whose many high-growth and expensive-looking stocks have been particularly vulnerable to interest rates, jumped 2.9% to 12,854.80. It's up more than 20% from June. The Dow Jones Industrial Average rose 1.6% to 33,309.51. ,Technology stocks, cryptocurrencies and other of the year's hardest-hit investments were some of the day's biggest winners. Bitcoin rose 2.2% to just under $24,000. Also Read| US inflation rate slips from 40-year peak | A timeline: 1930-2022,The inflation data encouraged traders to scale back bets for how much the Fed will raise interest rates at its next meeting. Interest rates help set where prices go across financial markets and higher rates tend to pull down prices for everything from stocks to commodities to crypto. Other reports this week will show how inflation is doing at the wholesale level and whether U.S. households are still ratcheting down their expectations for coming inflation, an influential data point for Fed officials. ,Recession worries have built as the highest inflation in 40 years squeezes households and corporations around the world. Wall Street is closely watching to see if the Fed can succeed in hitting the brakes on the economy and cooling inflation without veering into a recession. Also Read| Wall Street soars after inflation cools more than expected,The Federal Reserve will get a few more highly anticipated reports before its next announcement on interest rates, on Sept. 21. They could also alter its stance. Those include data on hiring trends across the economy, due Sept. 2, and the next update on consumer inflation, coming on Sept. 13. ,In other trading, U.S. benchmark crude oil shed 9 cents to $91.84 per barrel in electronic trading on the New York Mercantile Exchange. It gained $1.43 to $91.93 on Wednesday. ,Brent crude, the basis for international pricing, lost 5 cents to $97.35. ,The U.S. dollar rose to 133.03 Japanese yen from 132.93 yen late Wednesday. The euro slipped to $1.0293 from $1.0300.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"U.S.,Fed,Seoul,Asia,Hong Kong,Shanghai,Tokyo,The S 500,the Federal Reserve,Asian,Hong Kong's,Hang Seng,Shanghai Composite,Kospi,Australia","originalPublishedOn":"2022-08-11T12:31:32+05:30"}},{"node":{"id":"bq300s9YhjdA","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-2-up-on-wednesday","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-2-up-on-wednesday-723384/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended over 2% up on Wednesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-11T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 87.77 points, or 2.1%, to 4,210.24\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 360.88 points, or 2.9%, to 12,854.80\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 56.36 points, or 2.9%, to 1,969.25\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660186856184,\\\"strCount\\\":5251,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e stocks rose to three-month highs on Wednesday, as investors cheered government data indicating that \u003ca href=\\\\\\\"https://opoyi.com/topics/inflation/\\\\\\\"\u003einflation\u003c/a\u003e dropped more than expected last month.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The upbeat inflation report fueled speculation that the \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e may not need to be as aggressive in raising \u003ca href=\\\\\\\"https://opoyi.com/topics/interestrates/\\\\\\\"\u003einterest rates\u003c/a\u003e as previously anticipated. The Fed has been raising interest rates in an effort to slow the economy and combat inflation, but doing so risks triggering a \u003ca href=\\\\\\\"https://opoyi.com/topics/recession/\\\\\\\"\u003erecession\u003c/a\u003e if the Fed pushes too aggressively.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\\\\\"\u003eUS CPI inflation drops to 8.5% in July, beats expectations\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 increased by 87.77 points, or 2.1%, to 4,210.24. The advances snapped a four-day losing trend, propelling the benchmark index to its highest level since early May. It is now nearly 15% higher than its low in mid-June.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq composite\u003c/a\u003e, whose many high-growth and expensive-looking stocks have been particularly vulnerable to interest rates, jumped 360.88 points, or 2.9%, to 12,854.80. It's up more than 20% from June.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/dowjones/\\\\\\\"\u003eDow Jones Industrial Average\u003c/a\u003e rose 535.10 points, or 1.6%, to 33,309.51.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate slips from 40-year peak | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks, cryptocurrencies and other of the year's hardest-hit investments were some of the day's biggest winners. \u003ca href=\\\\\\\"https://opoyi.com/topics/bitcoin/\\\\\\\"\u003eBitcoin\u003c/a\u003e rose 2.2% to just under $24,000.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Lower prices for gasoline and oil was responsible for much of last month's inflation surprise. But even after ignoring that and volatile food prices, so-called “core inflation” held steady last month instead of accelerating as economists had forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Such differences may not sound like much, but interest rates help set where prices go across financial markets. And higher rates tend to pull down prices for everything from stocks to commodities to crypto.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-soars-after-inflation-cools-more-than-expected-723033/\\\\\\\"\u003eWall Street soars after inflation cools more than expected\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Prices for bonds soared immediately after the inflation report’s release, pulling their yields lower. The yield on the two-year Treasury, which tends to track expectations for the Fed, fell to 3.19% from 3.27% late Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year yield initially fell, though stabilized later in trading. It edged higher to 2.79% from 2.78% late Tuesday. It remains below the two-year yield and many investors see such a gap as a fairly reliable signal of a coming recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/what-us-housing-market-entering-a-recession-means-711205/\\\\\\\"\u003eWhat US housing market entering a recession means\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Recession worries have built as the highest inflation in 40 years squeezes households and corporations around the world. Wall Street is closely watching to see if the Fed can succeed in hitting the brakes on the economy and cooling inflation without veering into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve will get a few more highly anticipated reports before its next announcement on interest rates Sept. 21, which could also alter its stance. Those include reports showing hiring trends across the economy due Sept. 2 and the next update on consumer inflation coming on Sept. 13.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/is-it-better-to-invest-in-real-estate-during-surging-inflation-711166/\\\\\\\"\u003eIs it better to invest in real estate during surging inflation?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"More immediately, reports this week will show how inflation is doing at the wholesale level and whether U.S. households are still ratcheting down their expectations for coming inflation, an influential data point for Fed officials.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wednesday's inflation data nevertheless helped stocks across \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e climb to modest gains, while markets that closed earlier in \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e were mostly down. Germany's DAX returned 1.2%, Japan's Nikkei 225 fell 0.6% and Hong Kong's Hang Seng lost 2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wall Street, companies in the housing industry were strong on hopes that a less aggressive Fed could mean less pressure on mortgage rates. Homebuilder D.R. Horton gained 4.7%, PulteGroup rose 4.6% and Lennar was 3.6% higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/markets-jump-on-new-data-showing-inflation-eased-slightly-722935/\\\\\\\"\u003eMarkets jump on new data showing inflation eased slightly\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Cruise lines and other travel-related companies also made big gains. Carnival rose 9.2% and American Airlines rose 3.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Netflix, a formerly high-flying and high-growth stock that has plunged to be this year's worst in the S\u0026amp;P 500, was up 6.2% though it remains down by nearly 60% for 2022.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Recession","slug":"recession","id":"kTF38sWsaB2Q","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Bitcoin","slug":"bitcoin","id":"b6gsXRHnIQWf","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"Japan","slug":"japan","id":"anJhzDRc6xxB","isSection":0},{"name":"AmericanAirlines","slug":"americanairlines","id":"9XqalfqYD4jI","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-08-11T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks rose to three-month highs on Wednesday, as investors cheered government data indicating that inflation dropped more than expected last month. The upbeat inflation report fueled speculation that the Federal Reserve may not need to be as aggressive in raising interest rates as previously anticipated. The Fed has been raising interest rates in an effort to slow the economy and combat inflation, but doing so risks triggering a recession if the Fed pushes too aggressively. Also Read| US CPI inflation drops to 8.5% in July, beats expectations,The S\u0026P 500 increased by 87.77 points, or 2.1%, to 4,210.24. The advances snapped a four-day losing trend, propelling the benchmark index to its highest level since early May. It is now nearly 15% higher than its low in mid-June. The Nasdaq composite, whose many high-growth and expensive-looking stocks have been particularly vulnerable to interest rates, jumped 360.88 points, or 2.9%, to 12,854.80. It's up more than 20% from June. The Dow Jones Industrial Average rose 535.10 points, or 1.6%, to 33,309.51. Also Read| US inflation rate slips from 40-year peak | A timeline: 1930-2022,Technology stocks, cryptocurrencies and other of the year's hardest-hit investments were some of the day's biggest winners. Bitcoin rose 2.2% to just under $24,000. Lower prices for gasoline and oil was responsible for much of last month's inflation surprise. But even after ignoring that and volatile food prices, so-called “core inflation” held steady last month instead of accelerating as economists had forecast. Such differences may not sound like much, but interest rates help set where prices go across financial markets. And higher rates tend to pull down prices for everything from stocks to commodities to crypto. Also Read| Wall Street soars after inflation cools more than expected,Prices for bonds soared immediately after the inflation report’s release, pulling their yields lower. The yield on the two-year Treasury, which tends to track expectations for the Fed, fell to 3.19% from 3.27% late Tuesday. The 10-year yield initially fell, though stabilized later in trading. It edged higher to 2.79% from 2.78% late Tuesday. It remains below the two-year yield and many investors see such a gap as a fairly reliable signal of a coming recession. Also Read| What US housing market entering a recession means,Recession worries have built as the highest inflation in 40 years squeezes households and corporations around the world. Wall Street is closely watching to see if the Fed can succeed in hitting the brakes on the economy and cooling inflation without veering into a recession. The Federal Reserve will get a few more highly anticipated reports before its next announcement on interest rates Sept. 21, which could also alter its stance. Those include reports showing hiring trends across the economy due Sept. 2 and the next update on consumer inflation coming on Sept. 13. Also Read| Is it better to invest in real estate during surging inflation?,More immediately, reports this week will show how inflation is doing at the wholesale level and whether U.S. households are still ratcheting down their expectations for coming inflation, an influential data point for Fed officials. Wednesday's inflation data nevertheless helped stocks across Europe climb to modest gains, while markets that closed earlier in Asia were mostly down. Germany's DAX returned 1.2%, Japan's Nikkei 225 fell 0.6% and Hong Kong's Hang Seng lost 2%. On Wall Street, companies in the housing industry were strong on hopes that a less aggressive Fed could mean less pressure on mortgage rates. Homebuilder D.R. Horton gained 4.7%, PulteGroup rose 4.6% and Lennar was 3.6% higher. Also Read| Markets jump on new data showing inflation eased slightly,Cruise lines and other travel-related companies also made big gains. Carnival rose 9.2% and American Airlines rose 3.1%. Netflix, a formerly high-flying and high-growth stock that has plunged to be this year's worst in the S\u0026P 500, was up 6.2% though it remains down by nearly 60% for 2022.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,the Federal Reserve,Bitcoin,Treasury,The Federal Reserve,U.S.,Europe,Asia,Germany,Japan,Hong Kong's,Hang Seng,Homebuilder D.R. Horton,PulteGroup,Lennar","originalPublishedOn":"2022-08-11T09:00:00+05:30"}},{"node":{"id":"Kj81JSXmvk2A","slug":"english/wall-street-soars-after-inflation-cools-more-than-expected","slugV2":"business/wall-street-soars-after-inflation-cools-more-than-expected-723033/","title":"Wall Street soars after inflation cools more than expected","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\": 1, \"heartbreak_count\": 0, \"laugh_count\": 0, \"sad_count\": 0, \"angry_count\": 0}","updatedOn":"2022-08-10T20:45:29+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 was 1.6% higher after a report showed that inflation, slowed to 8.5% from 9.1% in June\u003c/li\u003e\n \u003cli\u003eThe Nasdaq composite was 2.1% higher, as of 10 a.m. Eastern time\u003c/li\u003e\n \u003cli\u003eBitcoin rose 4% to top $24,000, and the Dow Jones was up 1.5%, at 33,268\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":1,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660144526999,\\\"strCount\\\":4661,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street roared Wednesday after inflation cooled more than expected last month, sparking speculation the \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e may not have to be as aggressive about hiking \u003ca href=\\\\\\\"https://opoyi.com/topics/interestrates/\\\\\\\"\u003einterest rates\u003c/a\u003e as feared.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\\\\\"\u003eUS CPI inflation drops to 8.5% in July, beats expectations\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was 1.6% higher amid a widespread rally that took off immediately after a report showed the nation's biggest economic challenge, \u003ca href=\\\\\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\\\\\"\u003einflation, slowed to 8.5% at the consumer level last month from 9.1% in June\u003c/a\u003e. Technology stocks, cryptocurrencies and other investments that have been the year's biggest losers due to the Fed’s aggressive rate hikes were some of the morning's biggest winners.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Nasdaq composite, which is full of the high-growth and expensive-looking stocks that have been particularly vulnerable to moves in interest rates, was 2.1% higher, as of 10 a.m. Eastern time. \u003ca href=\\\\\\\"https://opoyi.com/topics/bitcoin/\\\\\\\"\u003eBitcoin\u003c/a\u003e rose 4% to top $24,000, and the Dow Jones Industrial Average was up 430 points, or 1.5%, at 33,268.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate slips from 40-year peak | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Much of July’s slowdown in inflation was due to drops in prices for gasoline and oil. But even after ignoring those and prices for food, which can also swing sharply from month to month, what’s called “core inflation” held steady last month instead of accelerating as economists had forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The data encouraged traders to scale back bets for how much the Fed will raise interest rates at its next meeting. They now see a hike of a half percentage point as the most likely outcome, according to CME Group. A day earlier, they were betting on a hike of 0.75 percentage points, the same as the last two increases.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/markets-jump-on-new-data-showing-inflation-eased-slightly-722935/\\\\\\\"\u003eMarkets jump on new data showing inflation eased slightly\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Such differences may not sound like much, but interest rates help set where prices go across financial markets. And higher rates tend to pull down prices for everything from stocks to commodities to crypto.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Prices for bonds soared immediately after the inflation report’s release, pulling their yields lower. The yield on the two-year Treasury, which tends to track expectations for the Fed, fell to 3.12% from 3.27% late Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/where-to-invest-during-high-inflation-710394/\\\\\\\"\u003eWhere to invest during high inflation?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year yield fell more slowly, down to 2.72% from 2.78%, narrowing how far below it is the two-year yield. Many investors see such a gap as a fairly reliable signal of a coming recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Recession worries have built as the highest inflation in 40 years squeezes households and corporations around the world. The Fed and other central banks have been hiking rates to slow the economy in hopes of stamping out inflation, but they risk choking it off if they move too aggressively.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"To be sure, inflation is still high, and the expectation is for it to stay so for a while. But Wednesday's encouraging data nevertheless rejuvenated Wall Street, which staggered following stronger-than-expected jobs report on Friday that raised expectations for a more aggressive Fed. It bolstered hopes that a peak in inflation — and thus in the Federal Reserve's most aggressive rate hikes — may be on the horizon.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“This is a step in the right direction but keep in mind we have many miles ahead of us before inflation normalizes,” said Mike Loewengart, managing director, investments strategy, at E-Trade from Morgan Stanley.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-us-inflation-is-going-up-and-when-will-it-come-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The inflation data helped stocks across \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e climb to modest gains, while markets that closed earlier in \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e were mostly down. Germany's DAX returned 0.9%, Japan's Nikkei 225 fell 0.6% and Hong Kong's Hang Seng lost 2%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Recession","slug":"recession","id":"kTF38sWsaB2Q","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Bitcoin","slug":"bitcoin","id":"b6gsXRHnIQWf","isSection":0},{"name":"MorganStanley","slug":"morganstanley","id":"trphbcMvJH28","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"Japan","slug":"japan","id":"anJhzDRc6xxB","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-10T20:45:25+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street roared Wednesday after inflation cooled more than expected last month, sparking speculation the Federal Reserve may not have to be as aggressive about hiking interest rates as feared. Also Read| US CPI inflation drops to 8.5% in July, beats expectations,The S\u0026P 500 was 1.6% higher amid a widespread rally that took off immediately after a report showed the nation's biggest economic challenge, inflation, slowed to 8.5% at the consumer level last month from 9.1% in June. Technology stocks, cryptocurrencies and other investments that have been the year's biggest losers due to the Fed’s aggressive rate hikes were some of the morning's biggest winners. The Nasdaq composite, which is full of the high-growth and expensive-looking stocks that have been particularly vulnerable to moves in interest rates, was 2.1% higher, as of 10 a.m. Eastern time. Bitcoin rose 4% to top $24,000, and the Dow Jones Industrial Average was up 430 points, or 1.5%, at 33,268. Also Read| US inflation rate slips from 40-year peak | A timeline: 1930-2022,Much of July’s slowdown in inflation was due to drops in prices for gasoline and oil. But even after ignoring those and prices for food, which can also swing sharply from month to month, what’s called “core inflation” held steady last month instead of accelerating as economists had forecast. The data encouraged traders to scale back bets for how much the Fed will raise interest rates at its next meeting. They now see a hike of a half percentage point as the most likely outcome, according to CME Group. A day earlier, they were betting on a hike of 0.75 percentage points, the same as the last two increases. Also Read| Markets jump on new data showing inflation eased slightly,Such differences may not sound like much, but interest rates help set where prices go across financial markets. And higher rates tend to pull down prices for everything from stocks to commodities to crypto. Prices for bonds soared immediately after the inflation report’s release, pulling their yields lower. The yield on the two-year Treasury, which tends to track expectations for the Fed, fell to 3.12% from 3.27% late Tuesday. Also Read | Where to invest during high inflation?,The 10-year yield fell more slowly, down to 2.72% from 2.78%, narrowing how far below it is the two-year yield. Many investors see such a gap as a fairly reliable signal of a coming recession. Recession worries have built as the highest inflation in 40 years squeezes households and corporations around the world. The Fed and other central banks have been hiking rates to slow the economy in hopes of stamping out inflation, but they risk choking it off if they move too aggressively. Also Read | Why global economy is not in recession yet,To be sure, inflation is still high, and the expectation is for it to stay so for a while. But Wednesday's encouraging data nevertheless rejuvenated Wall Street, which staggered following stronger-than-expected jobs report on Friday that raised expectations for a more aggressive Fed. It bolstered hopes that a peak in inflation — and thus in the Federal Reserve's most aggressive rate hikes — may be on the horizon. “This is a step in the right direction but keep in mind we have many miles ahead of us before inflation normalizes,” said Mike Loewengart, managing director, investments strategy, at E-Trade from Morgan Stanley. Also Read | Why US inflation is going up and when will it come down,The inflation data helped stocks across Europe climb to modest gains, while markets that closed earlier in Asia were mostly down. Germany's DAX returned 0.9%, Japan's Nikkei 225 fell 0.6% and Hong Kong's Hang Seng lost 2%.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,the Federal Reserve,The S 500,Bitcoin,CME Group,Treasury,the Federal Reserve's,Mike Loewengart,Morgan Stanley,Europe,Asia,Germany,Japan,Hong Kong's,Hang Seng","originalPublishedOn":"2022-08-10T20:45:25+05:30"}},{"node":{"id":"MhtqpJzmDrH9","slug":"english/markets-jump-on-new-data-showing-inflation-eased-slightly","slugV2":"business/markets-jump-on-new-data-showing-inflation-eased-slightly-722935/","title":"Markets jump on new data showing inflation eased slightly","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-10T20:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFutures for the benchmark S\u0026amp;P 500 index rose 1.8%\u003c/li\u003e\n \u003cli\u003eU.S. inflation in July eased to 8.5% \u0026nbsp;as gas prices retreated significantly\u003c/li\u003e\n \u003cli\u003eThe Fed has raised its benchmark short-term rate at its past four rate-setting meetings\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660139193571,\\\"strCount\\\":4810,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street headed for strong gains before the opening bell\\\\nWednesday after the government reported\u003ca href=\\\\\\\"https://opoyi.com/business/us-cpi-inflation-drops-to-85-in-july-beats-expectations-722868/\\\\\\\"\u003e inflation eased\u003c/a\u003e slightly last month,\\\\nbut remained high enough to be an issue of concern at the \u003ca href=\\\\\\\"https://opoyi.com/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Futures for the benchmark S\u0026amp;P 500 index rose 1.8% and\\\\n1.3% on the Dow Jones Industrial Average.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/what-remains-in-and-whats-out-of-democrats-inflation-reduction-act-package-explained-719262/\\\\\\\"\u003eWhat remains in and what's out of Democrats' Inflation Reduction Act package: Explained\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Labor Department reported that U.S. inflation in July\\\\neased to 8.5% from the previous month's four-decade high of 9.1% as gas prices\\\\nretreated significantly.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"But anything above 8% is \\\\\\\"still too high\\\\\\\" for the\\\\nFed, Tan Boon Heng of Mizuho Bank said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\\\\\\\"The fight to tackle inflation is far from over,\\\\\\\"\\\\nTan said before the inflation data was released.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/where-to-invest-during-high-inflation-710394/\\\\\\\"\u003eWhere to invest during high inflation?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"While some signs point to inflation easing in the coming\\\\nmonths, it will likely remain far above the Federal Reserve's 2% annual target\\\\nwell into next year and maybe even into 2024. Chair \u003ca href=\\\\\\\"https://opoyi.com/business/who-is-jerome-powell-302598/\\\\\\\"\u003eJerome Powell\u003c/a\u003e has said the\\\\nFed needs to see a series of declining monthly core inflation readings before\\\\nit would consider pausing its rate hikes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed has raised its benchmark short-term rate at its\\\\npast four rate-setting meetings, including a \u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-hikes-interest-rate-by-75-basis-points-to-fight-inflation-711312/\\\\\\\"\u003ethree-quarter point hike\u003c/a\u003e in both\\\\nJune and July — the first increases that large since 1994. Investors expect\\\\nanother hike of 0.75 percentage points in September after data last week showed\\\\nhiring was stronger than forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors fear that efforts by the Fed and other central\\\\nbanks in \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e to cool inflation might derail global economic growth.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-us-inflation-is-going-up-and-when-will-it-come-down-438404/\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Fed officials acknowledge there is a danger the U.S.\\\\neconomy might tip into recession, but some point to the strong job market as\\\\nevidence it can tolerate more rate hikes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In midday trading, the FTSE 100 in \u003ca href=\\\\\\\"https://opoyi.com/topics/london/\\\\\\\"\u003eLondon\u003c/a\u003e gained 0.3% and\\\\nthe DAX in Frankfurt advanced 1.1%. The CAC 40 in \u003ca href=\\\\\\\"https://opoyi.com/topics/paris/\\\\\\\"\u003eParis\u003c/a\u003e climbed 0.8%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In Asia, the Shanghai Composite Index lost 0.5% to 3,230.02\\\\nand the Nikkei 225 in \u003ca href=\\\\\\\"https://opoyi.com/topics/tokyo/\\\\\\\"\u003eTokyo\u003c/a\u003e sank 0.7% to 27,819.33. The Hang Seng in Hong Kong\\\\nplunged 2% to 19,610.84.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Kospi in \u003ca href=\\\\\\\"https://opoyi.com/topics/seoul/\\\\\\\"\u003eSeoul\u003c/a\u003e fell 0.9% to 2,480.88 and Sydney's\\\\nS\u0026amp;P-ASX 200 was 0.5% lower at 6,992.70.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"India's Sensex lost less than 0.1% to 58,826.80. New\\\\nZealand and Southeast Asian markets retreated.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Markets also have been rattled by Russia's war on \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e,\\\\nwhich caused a spike in prices of oil, wheat and other commodities, and\\\\nuncertainty about Chinese anti-virus measures that disrupted manufacturing and\\\\ntrade.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/is-it-better-to-invest-in-real-estate-during-surging-inflation-711166/\\\\\\\"\u003eIs it better to invest in real estate during surging inflation?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In energy markets, benchmark U.S. crude was unchanged from\\\\nthe previous day in electronic trading on the New York Mercantile Exchange. The\\\\ncontract fell 26 cents to $90.50 on Tuesday. Brent crude, the price basis for\\\\ninternational trading, shed 7 cents to $96.24 per barrel in London. It declined\\\\n34 cents the previous session to $96.31.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The dollar declined to 133.25 yen from Tuesday's 135.18\\\\nyen. The euro rose to $1.0319 from $1.0205.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Tuesday, the S\u0026amp;P fell 0.4%, the Dow slipped 0.2% and\\\\nthe Nasdaq lost 1.2%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"JeromePowell","slug":"jeromepowell","id":"U0KtH9IWXA6R","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-10T20:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street headed for strong gains before the opening bell Wednesday after the government reported inflation eased slightly last month, but remained high enough to be an issue of concern at the Federal Reserve. Futures for the benchmark S\u0026P 500 index rose 1.8% and 1.3% on the Dow Jones Industrial Average. Also Read | What remains in and what's out of Democrats' Inflation Reduction Act package: Explained,The Labor Department reported that U.S. inflation in July eased to 8.5% from the previous month's four-decade high of 9.1% as gas prices retreated significantly. But anything above 8% is still too high for the Fed, Tan Boon Heng of Mizuho Bank said. The fight to tackle inflation is far from over, Tan said before the inflation data was released. Also Read | Where to invest during high inflation?,While some signs point to inflation easing in the coming months, it will likely remain far above the Federal Reserve's 2% annual target well into next year and maybe even into 2024. Chair Jerome Powell has said the Fed needs to see a series of declining monthly core inflation readings before it would consider pausing its rate hikes. Also Read | Why global economy is not in recession yet,The Fed has raised its benchmark short-term rate at its past four rate-setting meetings, including a three-quarter point hike in both June and July — the first increases that large since 1994. Investors expect another hike of 0.75 percentage points in September after data last week showed hiring was stronger than forecast. Investors fear that efforts by the Fed and other central banks in Europe and Asia to cool inflation might derail global economic growth. Also Read | Why US inflation is going up and when will it come down,Fed officials acknowledge there is a danger the U.S. economy might tip into recession, but some point to the strong job market as evidence it can tolerate more rate hikes. In midday trading, the FTSE 100 in London gained 0.3% and the DAX in Frankfurt advanced 1.1%. The CAC 40 in Paris climbed 0.8%. In Asia, the Shanghai Composite Index lost 0.5% to 3,230.02 and the Nikkei 225 in Tokyo sank 0.7% to 27,819.33. The Hang Seng in Hong Kong plunged 2% to 19,610.84. Also Read | US inflation rate at a 40-year high | A timeline: 1930-2022,The Kospi in Seoul fell 0.9% to 2,480.88 and Sydney's S\u0026P-ASX 200 was 0.5% lower at 6,992.70. India's Sensex lost less than 0.1% to 58,826.80. New Zealand and Southeast Asian markets retreated. Markets also have been rattled by Russia's war on Ukraine, which caused a spike in prices of oil, wheat and other commodities, and uncertainty about Chinese anti-virus measures that disrupted manufacturing and trade. Also Read | Is it better to invest in real estate during surging inflation?,In energy markets, benchmark U.S. crude was unchanged from the previous day in electronic trading on the New York Mercantile Exchange. The contract fell 26 cents to $90.50 on Tuesday. Brent crude, the price basis for international trading, shed 7 cents to $96.24 per barrel in London. It declined 34 cents the previous session to $96.31. Also Read | The 2008 market crash: Inside the doomsday machine and a brief history,The dollar declined to 133.25 yen from Tuesday's 135.18 yen. The euro rose to $1.0319 from $1.0205. On Tuesday, the S\u0026P fell 0.4%, the Dow slipped 0.2% and the Nasdaq lost 1.2%.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Asia,London,the Federal Reserve,The Labor Department,Tan Boon Heng,Mizuho Bank,the Federal Reserve's,Jerome Powell,Europe,the FTSE 100,Frankfurt,Paris,Tokyo","originalPublishedOn":"2022-08-10T19:15:49+05:30"}},{"node":{"id":"rQ5xaMgqXuzk","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-tuesday-3","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-tuesday-722428/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Tuesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-10T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 17.59 points, or 0.4%, to 4,122.47\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 58.13 points, or 0.2%, to 32,774.41\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 150.53 points, or 1.2%, to 12,493.93\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660097532835,\\\"strCount\\\":4557,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e continued its ongoing fall Tuesday as investors reviewed poor corporate reports and awaited the release of an \u003ca href=\\\\\\\"https://opoyi.com/topics/inflation/\\\\\\\"\u003einflation\u003c/a\u003e snapshot keenly monitored by the \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 lost 0.4%, marking its fourth straight loss. The \u003ca href=\\\\\\\"https://opoyi.com/topics/dowjones/\\\\\\\"\u003eDow Jones Industrial Average\u003c/a\u003e dropped 0.2%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e dropped 1.2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also fell, putting the Russell 2000 index down 1.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-722113/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Tuesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The largest drags on the market were technology stocks and retailers, outweighing increases in energy, financials, and other sectors. Bond yields increased significantly.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 dropped 17.59 points to 4,122.47. The Dow Jones Industrial Average fell 58.13 points to settle at 32,774.41. The Nasdaq dropped 150.53 points to 12,493.93. The Russell 2000 ended down 28.31 points at 1,912.89.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-goodrx-novavax-upstart-and-other-stocks-making-biggest-moves-722029/\\\\\\\"\u003eUS Premarket: GoodRx, Novavax, Upstart and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"After a surprisingly strong 9.1% gain in July, the benchmark S\u0026amp;P 500 index has been mostly selling off this month as Wall Street tries to gauge how aggressively the Federal Reserve will continue to raise interest rates in order to combat inflation and what that will mean for the economy and corporate profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The U.S. Labor Department will release its July report for consumer prices Wednesday, followed by its producer prices report on Thursday. Investors and economists will look for any signs that the Federal Reserve’s aggressive rate hikes over the past few months have helped to bring inflation under control.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/iran-places-first-import-order-worth-10-million-using-cryptocurrency-722050/\\\\\\\"\u003eIran places first import order worth $10 million using cryptocurrency\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed has raised rates four times this year in an effort to hit the brakes on the economy and cool the hottest inflation in four decades. Wall Street is worried that the central bank could slam the brakes too hard and tip the economy into a recession. Last week’s strong July jobs report has most economists predicting the Fed will again raise short-term interest rates by as much as another three-quarter of a point at its September meeting.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-august-10-2022-722413/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on August 10, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Most economic data already points to a slowdown. The U.S. economy has now contracted for two straight quarters, which constitutes an informal indicator of a recession. But recession fears have been tempered by a hot jobs market with unemployment at historic lows. While that’s good for the economy, it’s a sign that inflation persists.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Chipmaker Micron Technology fell 3.7% after warning investors that revenue could fall short of forecasts because of weakening demand. That warning hit other chipmakers hard, with Nvidia shedding 4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-bharti-airtel-power-grid-nalco-and-others-in-news-today-722418/\\\\\\\"\u003eTrending Stocks: Bharti Airtel, Power Grid, NALCO and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Norwegian Cruise Line plunged 10.6% for the biggest drop in the S\u0026amp;P 500 after reporting disappointing financial results and giving investors a weak revenue forecast. The weak results weighed down travel-related stocks. Expedia fell 1.6% and American Airlines fell 2.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As the earnings season winds down, \u003ca href=\\\\\\\"https://opoyi.com/topics/disney/\\\\\\\"\u003eDisney\u003c/a\u003e, Wendy’s and Wynn Resorts will be reporting quarterly results this week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/closing-bell-sensex-gains-465-points-nifty-up-127-points-720995/\\\\\\\"\u003eClosing Bell: Sensex gains 465 points, Nifty up 127 points\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also on Tuesday, audience rating company Nielsen surged 21.2% after it announced progress on a deal to be acquired by private equity firms.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields rose. The yield on the 10-year Treasury rose to 2.79% from 2.75% late Monday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"AmericanAirlines","slug":"americanairlines","id":"9XqalfqYD4jI","isSection":0},{"name":"Disney","slug":"disney","id":"FBbvLn9Uh3n4","isSection":0},{"name":"Wendy","slug":"wendy","id":"QNQvgg9xY103","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-08-10T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street continued its ongoing fall Tuesday as investors reviewed poor corporate reports and awaited the release of an inflation snapshot keenly monitored by the Federal Reserve. The S\u0026P 500 lost 0.4%, marking its fourth straight loss. The Dow Jones Industrial Average dropped 0.2%, while the Nasdaq dropped 1.2%. Smaller company stocks also fell, putting the Russell 2000 index down 1.5%. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday,The largest drags on the market were technology stocks and retailers, outweighing increases in energy, financials, and other sectors. Bond yields increased significantly. The S\u0026P 500 dropped 17.59 points to 4,122.47. The Dow Jones Industrial Average fell 58.13 points to settle at 32,774.41. The Nasdaq dropped 150.53 points to 12,493.93. The Russell 2000 ended down 28.31 points at 1,912.89. Also Read| US Premarket: GoodRx, Novavax, Upstart and other stocks making biggest moves,After a surprisingly strong 9.1% gain in July, the benchmark S\u0026P 500 index has been mostly selling off this month as Wall Street tries to gauge how aggressively the Federal Reserve will continue to raise interest rates in order to combat inflation and what that will mean for the economy and corporate profits. The U.S. Labor Department will release its July report for consumer prices Wednesday, followed by its producer prices report on Thursday. Investors and economists will look for any signs that the Federal Reserve’s aggressive rate hikes over the past few months have helped to bring inflation under control. Also Read| Iran places first import order worth $10 million using cryptocurrency,The Fed has raised rates four times this year in an effort to hit the brakes on the economy and cool the hottest inflation in four decades. Wall Street is worried that the central bank could slam the brakes too hard and tip the economy into a recession. Last week’s strong July jobs report has most economists predicting the Fed will again raise short-term interest rates by as much as another three-quarter of a point at its September meeting. Also Read| Trade Setup: Top 15 things to know before market opens on August 10, 2022,Most economic data already points to a slowdown. The U.S. economy has now contracted for two straight quarters, which constitutes an informal indicator of a recession. But recession fears have been tempered by a hot jobs market with unemployment at historic lows. While that’s good for the economy, it’s a sign that inflation persists. Chipmaker Micron Technology fell 3.7% after warning investors that revenue could fall short of forecasts because of weakening demand. That warning hit other chipmakers hard, with Nvidia shedding 4%. Also Read| Trending Stocks: Bharti Airtel, Power Grid, NALCO and others in news today,Norwegian Cruise Line plunged 10.6% for the biggest drop in the S\u0026P 500 after reporting disappointing financial results and giving investors a weak revenue forecast. The weak results weighed down travel-related stocks. Expedia fell 1.6% and American Airlines fell 2.7%. As the earnings season winds down, Disney, Wendy’s and Wynn Resorts will be reporting quarterly results this week. Also Read| Closing Bell: Sensex gains 465 points, Nifty up 127 points,Also on Tuesday, audience rating company Nielsen surged 21.2% after it announced progress on a deal to be acquired by private equity firms. Bond yields rose. The yield on the 10-year Treasury rose to 2.79% from 2.75% late Monday.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"the Federal Reserve,Nasdaq,Fed,Russell,The U.S. Labor Department,U.S.,Chipmaker Micron Technology,Norwegian Cruise Line,American Airlines,Disney,Wendy,Nielsen,Treasury","originalPublishedOn":"2022-08-10T09:00:00+05:30"}},{"node":{"id":"qOuHH9xnlXkQ","slug":"english/us-premarket-goodrx-novavax-upstart-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-goodrx-novavax-upstart-and-other-stocks-making-biggest-moves-722029/","title":"US Premarket: GoodRx, Novavax, Upstart and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Signet Jewelers announced a deal to buy online jewelry seller Blue Nile (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-09T19:47:21+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNovavax tumbled 32.3% after reporting an unexpected quarterly loss\u003c/li\u003e\n \u003cli\u003eUpstart plunged 12.2% after missing both top and bottom line estimates\u003c/li\u003e\n \u003cli\u003eAllbirds plunged 11.8% after it slashed its full-year forecast\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1660054641406,\\\"strCount\\\":3563,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eGoodRx (GDRX)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock surged 39.6% in the premarket after the\\\\nprescription drug comparison software provider posted better-than-expected\\\\nquarterly results. It also said a dispute with a major grocery chain had been\\\\nresolved.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/republicans-slam-joe-biden-call-fbis-trump-mar-a-lago-raid-political-weaponisation-721959/\\\\\\\"\u003eRepublicans slam Joe Biden, call FBI's Trump Mar-a-Lago raid 'political weaponisation'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eNovavax (NVAX)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the drugmaker tumbled 32.3% in premarket trading\\\\nafter reporting an unexpected quarterly loss and cutting its full-year revenue\\\\nguidance in half. Novavax said it did not expect any further \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e sales of its\\\\nCovid-19 vaccine this year amid low demand and a supply surplus.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/explosion-in-googles-omaha-iowa-data-center-injured-3-caused-worldwide-outage-reports-721955/\\\\\\\"\u003eExplosion in Google's Iowa data center injured 3, caused outage: Reports\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eUpstart (UPST)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock plunged 12.2% in the premarket after the\\\\ncloud-based lending platform company missed market estimates on both top and\\\\nbottom lines for its latest quarter. It also issued a weaker-than-expected\\\\nrevenue outlook, saying that banking partners have turned more cautious due to\\\\nthe uncertain economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/metas-latest-chatbot-becomes-anti-semitic-develops-trumps-rhetoric-721762/\\\\\\\"\u003eMeta's latest chatbot becomes anti-Semitic, develops Trump's rhetoric\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAllbirds (BIRD)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The sneaker maker’s stock plunged 11.8% in the premarket\\\\nafter it slashed its full-year forecast, with the company saying external\\\\nheadwinds could pressure consumer spending in the back half of 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/donald-trump-mar-a-lago-raid-how-republicans-reacted-721735/\\\\\\\"\u003eDonald Trump Mar-a-Lago raid: How Republicans reacted\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eMicron Technology (MU)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the chip maker fell 3.7% in premarket trading\\\\nafter it said that it expected negative free cash flow for the current quarter,\\\\ndeclines in revenue, and profit margins. Chip shipments are falling due to a\\\\ndecline in demand from PC and video game companies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/google-back-after-outage-electric-fire-in-data-center-may-be-related-721742/\\\\\\\"\u003eGoogle back after outage, electric fire in data center may be related\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTake-Two Interactive (TTWO)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Take-Two slipped 3.4% in premarket action after the video\\\\ngame publisher released a weaker-than-expected revenue forecast. Take-Two is\\\\nthe latest company to see its results impacted by a general slowdown in gaming\\\\nafter a pandemic-period boom.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/donald-trump-links-fbis-mar-a-lago-raid-to-2024-us-presidential-elections-721551/\\\\\\\"\u003eDonald Trump links FBI's Mar-a-Lago raid to 2024 US presidential elections\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eOccidental Petroleum (OXY)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the energy producer jumped 2.3% in premarket\\\\ntrading after reports that Berkshire Hathaway (BRK.B) has increased its stake\\\\nin Occidental to more than 20%. That means can record a part of Occidental’s\\\\nprofits as its own.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/what-is-the-budget-reconciliation-process-in-us-senate-720762/\\\\\\\"\u003eWhat is the budget reconciliation process in US Senate?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSignet Jewelers (SIG)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Signet shares gained 2% in premarket action after the\\\\njewelry retailer announced a deal to buy online jewelry seller Blue Nile for\\\\n$360 million in cash.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"Novavax","slug":"novavax","id":"jVdbIpjWnwPA","isSection":0},{"name":"BerkshireHathaway","slug":"berkshirehathaway","id":"ik6s78if8PGO","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-09T19:44:48+05:30","publisher":0,"sourceFeed":null,"cleanText":"GoodRx (GDRX),The stock surged 39.6% in the premarket after the prescription drug comparison software provider posted better-than-expected quarterly results. It also said a dispute with a major grocery chain had been resolved. Also Read | Republicans slam Joe Biden, call FBI's Trump Mar-a-Lago raid 'political weaponisation',Novavax (NVAX),Shares of the drugmaker tumbled 32.3% in premarket trading after reporting an unexpected quarterly loss and cutting its full-year revenue guidance in half. Novavax said it did not expect any further US sales of its Covid-19 vaccine this year amid low demand and a supply surplus. Also Read | Explosion in Google's Iowa data center injured 3, caused outage: Reports,Upstart (UPST),The stock plunged 12.2% in the premarket after the cloud-based lending platform company missed market estimates on both top and bottom lines for its latest quarter. It also issued a weaker-than-expected revenue outlook, saying that banking partners have turned more cautious due to the uncertain economy. Also Read | Meta's latest chatbot becomes anti-Semitic, develops Trump's rhetoric,Allbirds (BIRD),The sneaker maker’s stock plunged 11.8% in the premarket after it slashed its full-year forecast, with the company saying external headwinds could pressure consumer spending in the back half of 2022. Also Read | Donald Trump Mar-a-Lago raid: How Republicans reacted,Micron Technology (MU),Shares of the chip maker fell 3.7% in premarket trading after it said that it expected negative free cash flow for the current quarter, declines in revenue, and profit margins. Chip shipments are falling due to a decline in demand from PC and video game companies. Also Read | Google back after outage, electric fire in data center may be related,Take-Two Interactive (TTWO),Take-Two slipped 3.4% in premarket action after the video game publisher released a weaker-than-expected revenue forecast. Take-Two is the latest company to see its results impacted by a general slowdown in gaming after a pandemic-period boom. Also Read | Donald Trump links FBI's Mar-a-Lago raid to 2024 US presidential elections,Occidental Petroleum (OXY),Shares of the energy producer jumped 2.3% in premarket trading after reports that Berkshire Hathaway (BRK.B) has increased its stake in Occidental to more than 20%. That means can record a part of Occidental’s profits as its own. Also Read | What is the budget reconciliation process in US Senate?,Signet Jewelers (SIG),Signet shares gained 2% in premarket action after the jewelry retailer announced a deal to buy online jewelry seller Blue Nile for $360 million in cash.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Occidental,US,Micron Technology,Berkshire Hathaway","originalPublishedOn":"2022-08-09T19:44:48+05:30"}},{"node":{"id":"0lIDezQtZu2A","slug":"english/us-premarket-palantir-signify-baidu-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-palantir-signify-baidu-and-other-stocks-making-biggest-moves-721151/","title":"US Premarket: Palantir, Signify, Baidu and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Baidu received approval to operate driverless taxi services in two Chinese cities (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-08T19:20:08+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003ePalantir's shares plunged 15.6% after it reported an unexpected quarterly loss\u003c/li\u003e\n \u003cli\u003eSignify Health surged 16.7% as CVS Health is planning a bid\u0026nbsp;\u003c/li\u003e\n \u003cli\u003eAvalara fell 4% after it agreed to be acquired by Vista Partners\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659966605135,\\\"strCount\\\":3679,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003ePalantir (PLTR)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the data analytics company plunged 15.6% in the\\\\npremarket after it reported an unexpected quarterly loss, and lowered its\\\\nfull-year forecast due to the uncertain timing of some government contracts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/what-is-the-budget-reconciliation-process-in-us-senate-720762/\\\\\\\"\u003eWhat is the budget reconciliation process in US Senate?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSignify Health (SGFY)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock price surged 16.7% in premarket action as CVS\\\\nHealth is planning a bid for Signify in an effort to expand in-home health\\\\nservices, according to The Wall Street Journal report. The paper had reported\\\\nlast week that Signify was exploring strategic alternatives including a sale.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/vladimir-putin-in-central-park-new-york-city-mysteriously-gets-russian-presidents-statue-720909/\\\\\\\"\u003eVladimir Putin in Central Park: New York City mysteriously gets Russian president's statue\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAvalara (AVLR)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the tax software provider fell 4% in the\\\\npremarket after it agreed to be acquired by private-equity firm Vista Partners\\\\nfor $8.4 billion, including debt or $93.50 per share. However, the stock had\\\\nrisen 30% since reports of a potential deal first surfaced in early July.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/inflation-reduction-act-marking-shift-in-democratic-partys-luck-before-midterm-elections-720863/\\\\\\\"\u003eInflation bill marking shift in Democratic Party's luck before midterms?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBaidu (BIDU)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Baidu gained 1.2% in premarket trading after the China-based search engine company received approval to operate driverless taxi services in two \u003ca href=\\\\\\\"https://opoyi.com/topics/chinese/\\\\\\\"\u003eChinese\u003c/a\u003e cities, the first such approvals in the country.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/kamala-harris-and-us-senate-key-legislations-that-needed-a-tie-breaker-720739/\\\\\\\"\u003eKamala Harris and US Senate: Key legislations that needed a tie-breaker\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eFirst Solar (FSLR)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The solar company’s stock gained 4.2% in the premarket\\\\nafter it was upgraded to “buy” at Guggenheim and to “overweight” at JP Morgan\\\\nSecurities, with both saying First Solar is among those poised to benefit most\\\\nfrom the Senate-passed Inflation Reduction Act.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-ahead-inflation-data-quarterly-results-to-weigh-on-sensex-nifty-720603/\\\\\\\"\u003eWeek ahead: Inflation data, quarterly results to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eGlobal Blood Therapeutics (GBT) \u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock gained 4.2% in premarket trading as Pfizer (PFE)\\\\nwill acquire the blood disorder treatments maker for $5.54 billion or $68.50\\\\nper share in cash. Global Blood shares surged 88% over the past two sessions\\\\nfollowing reports that a deal was about to close.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/inflation-reduction-act-a-breakdown-of-us-senates-vote-720710/\\\\\\\"\u003eInflation Reduction Act: A breakdown of US Senate's vote\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTyson Foods (TSN)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the beef and poultry producer surged 2.5% in the\\\\npremarket after it reported a quarterly profit of $1.94 per share, 4 cents per\\\\nshare shy of estimates. However, revenue exceeded forecasts as beef demand\\\\nremained high. Chicken volume fell 2.1% but Tyson said that business continues\\\\nto improve.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/us-house-speaker-nancy-pelosi-looks-to-swiftly-pass-climate-and-healthcare-spending-bill-720683/\\\\\\\"\u003eUS House Speaker Nancy Pelosi looks to 'swiftly' pass climate and healthcare spending bill\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBarrick Gold (GOLD)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The mining company’s stock gained 3.2% in premarket action\\\\nafter reporting better-than-expected quarterly results, on the back of higher\\\\ncopper output.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Pfizer","slug":"pfizer","id":"8RvHqXaF9KyL","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Chinese","slug":"chinese","id":"c3EhcN4BZ1H9","isSection":0},{"name":"Senate","slug":"senate","id":"Um5KTbuGxMjX","isSection":0},{"name":"InflationReductionAct","slug":"inflationreductionact","id":"OXofbUtA7svQ","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-08T19:20:06+05:30","publisher":0,"sourceFeed":null,"cleanText":"Palantir (PLTR),Shares of the data analytics company plunged 15.6% in the premarket after it reported an unexpected quarterly loss, and lowered its full-year forecast due to the uncertain timing of some government contracts. Also Read | What is the budget reconciliation process in US Senate?,Signify Health (SGFY),The stock price surged 16.7% in premarket action as CVS Health is planning a bid for Signify in an effort to expand in-home health services, according to The Wall Street Journal report. The paper had reported last week that Signify was exploring strategic alternatives including a sale. Also Read | Vladimir Putin in Central Park: New York City mysteriously gets Russian president's statue,Avalara (AVLR),Shares of the tax software provider fell 4% in the premarket after it agreed to be acquired by private-equity firm Vista Partners for $8.4 billion, including debt or $93.50 per share. However, the stock had risen 30% since reports of a potential deal first surfaced in early July. Also Read | Inflation bill marking shift in Democratic Party's luck before midterms?,Baidu (BIDU),Baidu gained 1.2% in premarket trading after the China-based search engine company received approval to operate driverless taxi services in two Chinese cities, the first such approvals in the country. Also Read | Kamala Harris and US Senate: Key legislations that needed a tie-breaker,First Solar (FSLR),The solar company’s stock gained 4.2% in the premarket after it was upgraded to “buy” at Guggenheim and to “overweight” at JP Morgan Securities, with both saying First Solar is among those poised to benefit most from the Senate-passed Inflation Reduction Act. Also Read | Week ahead: Inflation data, quarterly results to weigh on Sensex, Nifty,Global Blood Therapeutics (GBT) ,The stock gained 4.2% in premarket trading as Pfizer (PFE) will acquire the blood disorder treatments maker for $5.54 billion or $68.50 per share in cash. Global Blood shares surged 88% over the past two sessions following reports that a deal was about to close. Also Read | Inflation Reduction Act: A breakdown of US Senate's vote,Tyson Foods (TSN),Shares of the beef and poultry producer surged 2.5% in the premarket after it reported a quarterly profit of $1.94 per share, 4 cents per share shy of estimates. However, revenue exceeded forecasts as beef demand remained high. Chicken volume fell 2.1% but Tyson said that business continues to improve. Also Read | US House Speaker Nancy Pelosi looks to 'swiftly' pass climate and healthcare spending bill,Barrick Gold (GOLD),The mining company’s stock gained 3.2% in premarket action after reporting better-than-expected quarterly results, on the back of higher copper output.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Vista Partners,China,Chinese,JP Morgan Securities,First Solar,Senate,Inflation Reduction Act,Global Blood,Tyson Foods,TSN","originalPublishedOn":"2022-08-08T19:20:06+05:30"}},{"node":{"id":"M3EzHv1xqdA4","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-friday-3","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-friday-720642/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended mixed on Friday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-08T09:40:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 6.75 points, or 0.2%, to 4,145.19\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 76.65 points, or 0.2%, to 32,803.47\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 63.03 points, or 0.5%, to 12,657.55\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659921878945,\\\"strCount\\\":3863,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stock indices finished mainly lower Friday after a volatile day following a report on the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e job market that provided both good and bad news for \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The benchmark S\u0026amp;P 500 finished 0.2% lower after rebounding from an early drop as investors responded to the news, which indicated that companies in the \u003ca href=\\\\\\\"https://opoyi.com/topics/unitedstates/\\\\\\\"\u003eUnited States\u003c/a\u003e unexpectedly created hundreds of thousands more jobs than projected last month.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-functioning-of-rbis-monetary-policy-committee-716546/\\\\\\\"\u003eExplained: Functioning of RBI’s Monetary Policy Committee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The surprising data reveals that the economy is not in a recession, as previously thought. However, it undermines investors' expectations that a weakening economy will result in a spike in \u003ca href=\\\\\\\"https://opoyi.com/topics/inflation/\\\\\\\"\u003einflation\u003c/a\u003e shortly. That means the \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e may not let up on its aggressive rate hikes to combat inflation as early as hoped. And much of Wall Street still revolves around expectations for rates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/closing-bell-sensex-nifty-end-higher-as-rbi-mpc-hikes-repo-rate-718836/\\\\\\\"\u003eClosing Bell: Sensex, Nifty end higher as RBI MPC hikes repo rate\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks of technology and other high-growth companies once again took the brunt of the selling amid the rising-rate worries. The tech-heavy \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e composite cut its early losses and closed down 63.03 points, or 0.5%, at 12,657.55.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The good news on the jobs market helped to limit losses for the Dow Jones Industrial Average, whose stocks tend to move more with expectations for the overall economy. It added 76.65 points, or 0.2%, to close at 32,803.47.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-interest-rates-are-being-hiked-globally-192693/\\\\\\\"\u003eWhy interest rates are being hiked globally?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 slipped 6.75 points to end at 4,145.19. Both the S\u0026amp;P 500 and Nasdaq posted a gain for the week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street's clearest moves came from the bond market, where Treasury yields shot higher immediately after the release of the jobs data. The two-year Treasury yield, which tends to track expectations for Fed action, jumped to 3.23% from 3.05% late Thursday. The 10-year yield, which influences rates on mortgages, rose to 2.84% from 2.69%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-impact-of-rbis-repo-rate-hike-on-deposits-loans-131825/\\\\\\\"\u003eExplained: Impact of RBI's repo rate hike on deposits, loans\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is coming off the best month for stocks since late 2020, a rally driven mostly by what had been falling yields across the bond market. The hope on Wall Street had been that the economy was slowing enough to get the Fed to ease up on its rate hikes.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Higher mortgage rates had cut into the housing industry, in particular, after the Fed raised its short-term rates four times this year. The last two increases were triple the usual size, and the Fed has raised its benchmark overnight rate from nearly zero by 2.25 percentage points.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-monetary-policy-committee-meet-key-highlights-718641/\\\\\\\"\u003eRBI monetary policy committee meet: Key highlights\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Friday, Warner Bros. Discovery fell 16.5% for the biggest loss in the S\u0026amp;P 500 after reporting weaker results for the latest quarter than analysts expected. Monster Beverage lost 5.2% after it reported weaker profit than expected, though its revenue was stronger than forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also weathered the turbulent trading to notch gains. The Russell 2000 index rose 15.37 points, or 0.8%, to close at 1,921.82.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-08-08T09:40:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stock indices finished mainly lower Friday after a volatile day following a report on the US job market that provided both good and bad news for Wall Street. The benchmark S\u0026P 500 finished 0.2% lower after rebounding from an early drop as investors responded to the news, which indicated that companies in the United States unexpectedly created hundreds of thousands more jobs than projected last month. Also Read| Explained: Functioning of RBI’s Monetary Policy Committee,The surprising data reveals that the economy is not in a recession, as previously thought. However, it undermines investors' expectations that a weakening economy will result in a spike in inflation shortly. That means the Federal Reserve may not let up on its aggressive rate hikes to combat inflation as early as hoped. And much of Wall Street still revolves around expectations for rates. Also Read| Closing Bell: Sensex, Nifty end higher as RBI MPC hikes repo rate,Stocks of technology and other high-growth companies once again took the brunt of the selling amid the rising-rate worries. The tech-heavy Nasdaq composite cut its early losses and closed down 63.03 points, or 0.5%, at 12,657.55. The good news on the jobs market helped to limit losses for the Dow Jones Industrial Average, whose stocks tend to move more with expectations for the overall economy. It added 76.65 points, or 0.2%, to close at 32,803.47. Also Read| Why interest rates are being hiked globally?,The S\u0026P 500 slipped 6.75 points to end at 4,145.19. Both the S\u0026P 500 and Nasdaq posted a gain for the week. Wall Street's clearest moves came from the bond market, where Treasury yields shot higher immediately after the release of the jobs data. The two-year Treasury yield, which tends to track expectations for Fed action, jumped to 3.23% from 3.05% late Thursday. The 10-year yield, which influences rates on mortgages, rose to 2.84% from 2.69%. Also Read| Explained: Impact of RBI's repo rate hike on deposits, loans,Wall Street is coming off the best month for stocks since late 2020, a rally driven mostly by what had been falling yields across the bond market. The hope on Wall Street had been that the economy was slowing enough to get the Fed to ease up on its rate hikes. Higher mortgage rates had cut into the housing industry, in particular, after the Fed raised its short-term rates four times this year. The last two increases were triple the usual size, and the Fed has raised its benchmark overnight rate from nearly zero by 2.25 percentage points. Also Read| RBI monetary policy committee meet: Key highlights,On Friday, Warner Bros. Discovery fell 16.5% for the biggest loss in the S\u0026P 500 after reporting weaker results for the latest quarter than analysts expected. Monster Beverage lost 5.2% after it reported weaker profit than expected, though its revenue was stronger than forecast. Smaller company stocks also weathered the turbulent trading to notch gains. The Russell 2000 index rose 15.37 points, or 0.8%, to close at 1,921.82.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Treasury,US,the United States,the Federal Reserve,the S 500,Nasdaq,Warner Bros. Discovery","originalPublishedOn":"2022-08-08T09:40:00+05:30"}},{"node":{"id":"eFSiTg0fSabY","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-thursday-1","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-thursday-718470/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended mixed on Thursday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-05T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 3.23 points, or 0.1%, to 4,151.94\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 85.68 points, or 0.3%, to 32,726.82\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 52.42 points, or 0.4%, to 12,720.58\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659665423679,\\\"strCount\\\":4970,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The major indexes had a mixed day of trading on Wall Street on Thursday, as stocks gave back some of their recent gains.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 finished 0.1% down after fluctuating between little gains and losses. The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e Jones Industrial Average dipped 0.3%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e increased 0.4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-12-718148/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Thursday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy companies, which had been the largest gainers in the benchmark S\u0026amp;P 500 this year, were the greatest drag on the market as the price of \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e crude oil went below $90 per barrel for the first time since early February, prior to Russia's invasion of Ukraine.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Gains in technology companies, retailers, and other sectors helped to offset losses in energy, health care, and other sectors.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The muted trading came as investors continued to review the latest updates on the economy and corporate earnings ahead of the government’s monthly snapshot of the nation’s job market Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u0026nbsp;Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/ccpa-fines-amazon-orders-to-recall-2265-low-quality-pressure-cookers-718078/\\\\\\\"\u003eCCPA fines Amazon, orders to recall 2,265 low-quality pressure cookers\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors are eyeing jobs data to gauge whether any tightening in the labour market might prompt the Federal Reserve to eventually ease up on its interest rate hikes as it fights inflation, potentially lessening the chance of the central bank bringing on a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 slipped 3.23 points to 4,151.94, and the Dow dropped 85.68 points to 32,726.82. The Nasdaq rose 52.42 points to 12,720.58. The Russell 2000 index of smaller-company stocks gave up 2.47 points, or 0.1%, to close at 1,906.46.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"All of the major indexes except for the Dow are on pace for weekly gains after rallying Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-mpc-meet-when-and-where-to-watch-rbi-governors-address-live-716549/\\\\\\\"\u003eRBI MPC meet: When and where to watch RBI Governor's address live\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The price of U.S crude oil fell 2.3% to settle at $88.54 per barrel Thursday, weighing on energy company stocks. Exxon Mobil slid 4.2% and Occidental Petroleum fell 5.8%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Health care stocks also lost ground. Eli Lilly dropped 2.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Tech stocks and a mix of retailers, homebuilders and industrial companies made solid gains. Advanced Micro Devices climbed 5.9%, \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e added 2.2%, Lennar rose 3.4% and Deere gained 1.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-functioning-of-rbis-monetary-policy-committee-716546/\\\\\\\"\u003eExplained: Functioning of RBI’s Monetary Policy Committee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks have meandered this week, leaving major indexes mostly higher. August’s gain follows a standout July that was the S\u0026amp;P 500′s best month since late 2020. But markets remain volatile as investors try to determine the economy’s path ahead amid the highest inflation in four decades and efforts from central banks to fight higher prices.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Earnings remain in focus on Wall Street as investors look for more clues on how inflation is impacting various industries. Twinkie maker Hostess fell 3.9% after giving investors a disappointing profit forecast for the year. Bleach and consumer products maker Clorox fell 4.7% after also announcing a weak earnings forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-monetary-policy-committee-meet-an-overview-306488/\\\\\\\"\u003eRBI monetary policy committee meet: An overview\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Companies have been raising prices on everything from food to clothing to help offset the impact of inflation on supply chains, but the pressure has become too much for many consumers. A surge in gasoline prices throughout the year worsened inflation and prompted spending cutbacks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve has been aggressively raising interest rates to try and slow the economy and fight inflation, along with other central banks. The Bank of England on Thursday initiated its biggest rate hike in more than a quarter century.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury fell to 2.66% from 2.74% late Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-rbi-would-be-pushed-to-hike-interest-rates-715918/\\\\\\\"\u003eWhy RBI would be pushed to hike interest rates\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A bright point in the broader economy has been a strong employment market. New data from the Labor Department on Thursday showed the number of Americans applying for jobless benefits last week rose in line with expectations, as the number of unemployed continues to rise modestly.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The latest data follows updates earlier this week showing that job openings eased, but still remain at record highs. The Labor Department's July jobs report on Friday is expected to show some signs of tightening.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"dow","slug":"dow","id":"QK3hkMAWGEay","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-08-05T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The major indexes had a mixed day of trading on Wall Street on Thursday, as stocks gave back some of their recent gains. The S\u0026P 500 finished 0.1% down after fluctuating between little gains and losses. The Dow Jones Industrial Average dipped 0.3%, while the Nasdaq increased 0.4%. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Thursday,Energy companies, which had been the largest gainers in the benchmark S\u0026P 500 this year, were the greatest drag on the market as the price of US crude oil went below $90 per barrel for the first time since early February, prior to Russia's invasion of Ukraine. Gains in technology companies, retailers, and other sectors helped to offset losses in energy, health care, and other sectors. The muted trading came as investors continued to review the latest updates on the economy and corporate earnings ahead of the government’s monthly snapshot of the nation’s job market Friday. Also Read| CCPA fines Amazon, orders to recall 2,265 low-quality pressure cookers,Investors are eyeing jobs data to gauge whether any tightening in the labour market might prompt the Federal Reserve to eventually ease up on its interest rate hikes as it fights inflation, potentially lessening the chance of the central bank bringing on a recession. The S\u0026P 500 slipped 3.23 points to 4,151.94, and the Dow dropped 85.68 points to 32,726.82. The Nasdaq rose 52.42 points to 12,720.58. The Russell 2000 index of smaller-company stocks gave up 2.47 points, or 0.1%, to close at 1,906.46. All of the major indexes except for the Dow are on pace for weekly gains after rallying Wednesday. Also Read| RBI MPC meet: When and where to watch RBI Governor's address live,The price of U.S crude oil fell 2.3% to settle at $88.54 per barrel Thursday, weighing on energy company stocks. Exxon Mobil slid 4.2% and Occidental Petroleum fell 5.8%. Health care stocks also lost ground. Eli Lilly dropped 2.6%. Tech stocks and a mix of retailers, homebuilders and industrial companies made solid gains. Advanced Micro Devices climbed 5.9%, Amazon added 2.2%, Lennar rose 3.4% and Deere gained 1.7%. Also Read | Explained: Functioning of RBI’s Monetary Policy Committee,Stocks have meandered this week, leaving major indexes mostly higher. August’s gain follows a standout July that was the S\u0026P 500′s best month since late 2020. But markets remain volatile as investors try to determine the economy’s path ahead amid the highest inflation in four decades and efforts from central banks to fight higher prices. Earnings remain in focus on Wall Street as investors look for more clues on how inflation is impacting various industries. Twinkie maker Hostess fell 3.9% after giving investors a disappointing profit forecast for the year. Bleach and consumer products maker Clorox fell 4.7% after also announcing a weak earnings forecast. Also Read | RBI monetary policy committee meet: An overview,Companies have been raising prices on everything from food to clothing to help offset the impact of inflation on supply chains, but the pressure has become too much for many consumers. A surge in gasoline prices throughout the year worsened inflation and prompted spending cutbacks. The Federal Reserve has been aggressively raising interest rates to try and slow the economy and fight inflation, along with other central banks. The Bank of England on Thursday initiated its biggest rate hike in more than a quarter century. The yield on the 10-year Treasury fell to 2.66% from 2.74% late Wednesday. Also Read | Why RBI would be pushed to hike interest rates,A bright point in the broader economy has been a strong employment market. New data from the Labor Department on Thursday showed the number of Americans applying for jobless benefits last week rose in line with expectations, as the number of unemployed continues to rise modestly. The latest data follows updates earlier this week showing that job openings eased, but still remain at record highs. The Labor Department's July jobs report on Friday is expected to show some signs of tightening.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Nasdaq,US,Russia,the Federal Reserve,Dow,U.S,Exxon Mobil,Occidental Petroleum,Eli Lilly,Advanced Micro Devices,Amazon,Lennar,Deere,Twinkie,Hostess","originalPublishedOn":"2022-08-05T09:00:00+05:30"}},{"node":{"id":"Lct29xSA1okq","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-12","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-12-718148/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Thursday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-04T21:04:22+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq rose 12.86 points or 0.10% to 12,684.02\u003c/li\u003e\n \u003cli\u003eOil prices slipped and weighed on energy stocks\u003c/li\u003e\n \u003cli\u003eThe Labor Department will release its July jobs report on Friday\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659627260180,\\\"strCount\\\":4361,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street stocks were trading mixed Thursday morning as investors reviewed the latest \u003ca href=\\\\\\\"https://opoyi.com/business/to-fight-inflation-asian-economies-must-raise-rates-rapidly-imf-712542/\\\\\\\"\u003eeconomic\u003c/a\u003e and earnings reports.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 2.63 points or 0.06% to 4,152.54 as of 10:15 am Eastern time. The Dow Jones Industrial Average fell 49.01 points or 0.15% to 32,763.49. The Nasdaq rose 12.86 points or 0.10% to 12,684.02.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ballistic-missiles-launched-by-china-to-have-landed-in-japans-economic-zone-report-717980/\\\\\\\"\u003eBallistic missiles launched by China to have landed in Japan's economic zone: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Oil prices slipped and weighed on energy stocks. Exxon Mobil fell 1.8%. Industrial companies and retailers made solid gains. Best Buy added 1.9% and Deere rose 1.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year \u003ca href=\\\\\\\"https://opoyi.com/business/treasury-yields-slip-as-fed-chair-jerome-powell-suggests-slowing-interest-rate-hike-pace-711467/\\\\\\\"\u003eTreasury\u003c/a\u003e fell to 2.69% from 2.74% late Wednesday. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Despite a meandering week, major indexes ended mostly higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/chinese-military-encircles-taiwan-fires-ballistic-missiles-into-nearby-waters-717826/\\\\\\\"\u003eChinese military encircles Taiwan, fires ballistic missiles into nearby waters\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"August's gain follows a stellar July that was the best month for the S\u0026amp;P 500 since late 2020. But markets remain volatile as investors try to anticipate the economy's direction ahead amid the \u003ca href=\\\\\\\"https://opoyi.com/business/why-us-inflation-is-going-up-and-when-will-it-come-down-438404/\\\\\\\"\u003ehighest inflation\u003c/a\u003e in four decades and efforts from central banks to control higher prices.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/ccpa-fines-amazon-orders-to-recall-2265-low-quality-pressure-cookers-718078/\\\\\\\"\u003eCCPA fines Amazon, orders to recall 2,265 low-quality pressure cookers\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Earnings reports remain in focus on Wall Street as investors look for more clues on how inflation is impacting various industries. Twinkie maker Hostess fell 5% after giving a disappointing profit forecast for the year. Bleach and consumer products maker Clorox fell 4.2% after also announcing a weak earnings forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/zilingo-timeline-rise-and-fall-of-the-fashion-ecommerce-startup-717666/\\\\\\\"\u003eZilingo timeline: Rise and fall of the fashion ecommerce startup\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Companies have been increasing prices on everything from food to clothing to help recover the impact of inflation on supply chains, but the pressure has become too much for many consumers. An increase in gasoline prices throughout the year worsened inflation and prompted spending cutbacks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/apple-delays-ipados-16-launch-to-october-717516/\\\\\\\"\u003eApple delays iPadOS 16 launch to October\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e has been aggressively hiking interest rates to try and slow the economy and control inflation, along with other central banks. The Bank of England on Thursday initiated its biggest rate hike in more than a quarter century.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed’s policy has investors worried that the central bank could raise the interest rates too quickly and lead the economy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-is-walmart-laying-off-200-workers-717510/\\\\\\\"\u003eWhy is Walmart laying off 200 workers?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The latest data released by the Labor Department on Thursday showed the number of Americans applying for jobless benefits last week rose in line with expectations, as the number of unemployed continues to rise modestly.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The latest data comes after updates earlier this week showing that job openings remain at record highs. The Labor Department will release its July jobs report on Friday, which is expected to show some signs of tightening.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/facebook-to-shutter-live-shopping-feature-to-focus-on-reels-717744/\\\\\\\"\u003eFacebook to shutter live shopping feature to focus on Reels\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors are closely monitoring the latest jobs data to gauge whether any tightening in the employment market might prompt the Fed to eventually ease up on its interest rate hikes, potentially lessening the chance of the central bank bringing on a recession.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-04T21:04:19+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks were trading mixed Thursday morning as investors reviewed the latest economic and earnings reports. The S\u0026P 500 fell 2.63 points or 0.06% to 4,152.54 as of 10:15 am Eastern time. The Dow Jones Industrial Average fell 49.01 points or 0.15% to 32,763.49. The Nasdaq rose 12.86 points or 0.10% to 12,684.02. Also Read | Ballistic missiles launched by China to have landed in Japan's economic zone: Report,Oil prices slipped and weighed on energy stocks. Exxon Mobil fell 1.8%. Industrial companies and retailers made solid gains. Best Buy added 1.9% and Deere rose 1.6%. The yield on the 10-year Treasury fell to 2.69% from 2.74% late Wednesday. ,Despite a meandering week, major indexes ended mostly higher. Also Read | Chinese military encircles Taiwan, fires ballistic missiles into nearby waters,August's gain follows a stellar July that was the best month for the S\u0026P 500 since late 2020. But markets remain volatile as investors try to anticipate the economy's direction ahead amid the highest inflation in four decades and efforts from central banks to control higher prices. Also Read | CCPA fines Amazon, orders to recall 2,265 low-quality pressure cookers,Earnings reports remain in focus on Wall Street as investors look for more clues on how inflation is impacting various industries. Twinkie maker Hostess fell 5% after giving a disappointing profit forecast for the year. Bleach and consumer products maker Clorox fell 4.2% after also announcing a weak earnings forecast. Also Read | Zilingo timeline: Rise and fall of the fashion ecommerce startup,Companies have been increasing prices on everything from food to clothing to help recover the impact of inflation on supply chains, but the pressure has become too much for many consumers. An increase in gasoline prices throughout the year worsened inflation and prompted spending cutbacks. Also Read | Apple delays iPadOS 16 launch to October,The Federal Reserve has been aggressively hiking interest rates to try and slow the economy and control inflation, along with other central banks. The Bank of England on Thursday initiated its biggest rate hike in more than a quarter century. The Fed’s policy has investors worried that the central bank could raise the interest rates too quickly and lead the economy into a recession. Also Read | Why is Walmart laying off 200 workers?,The latest data released by the Labor Department on Thursday showed the number of Americans applying for jobless benefits last week rose in line with expectations, as the number of unemployed continues to rise modestly. The latest data comes after updates earlier this week showing that job openings remain at record highs. The Labor Department will release its July jobs report on Friday, which is expected to show some signs of tightening. Also Read | Facebook to shutter live shopping feature to focus on Reels,Investors are closely monitoring the latest jobs data to gauge whether any tightening in the employment market might prompt the Fed to eventually ease up on its interest rate hikes, potentially lessening the chance of the central bank bringing on a recession.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Exxon Mobil,Deere,Treasury,Twinkie,Hostess,The Federal Reserve,The Bank of England,the Labor Department,Americans","originalPublishedOn":"2022-08-04T21:04:19+05:30"}},{"node":{"id":"yPteS877br70","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-11","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-11-717240/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-03T21:28:54+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq rose 192.37 points or 1.56% to 12,541.12\u003c/li\u003e\n \u003cli\u003eTechnology companies and retailers were the biggest gainers\u003c/li\u003e\n \u003cli\u003eFinancial reports remain in focus this week as investors review the latest results\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659542334914,\\\"strCount\\\":4269,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks moved up in early trading on \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e Wednesday\\\\nas investors reviewed another round of earnings reports from several big\\\\ncompanies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 34.54 points or 0.84% to 4,125.73 as\\\\nof 10:18 am Eastern time. The Dow Jones Industrial Average rose 152.63 points\\\\nor 0.47% to 32,548.80. The Nasdaq rose 192.37 points or 1.56% to 12,541.12. The\\\\ngains helped the indexes recover most of this week’s losses.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ayman-al-zawahiri-killing-taliban-leaders-meet-on-how-to-respond-to-us-attack-717091/\\\\\\\"\u003eAyman al-Zawahiri killing: Taliban leaders meet on how to respond to US attack\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology companies, communications, and retailers were\\\\nthe biggest gainers this morning. Sectors considered less risky, such as\\\\nconsumer goods makers and utilities, were trading in the red.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/business/treasury-yields-slip-as-fed-chair-jerome-powell-suggests-slowing-interest-rate-hike-pace-711467/\\\\\\\"\u003eBond yields\u003c/a\u003e moved higher. The yield on the 10-year Treasury\\\\nincreased to 2.82% from 2.73% late Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/india-does-not-have-problems-like-sri-lanka-pakistan-raghuram-rajan-716742/\\\\\\\"\u003eIndia does not have problems like Sri Lanka, Pakistan: Raghuram Rajan\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Financial reports remain in focus this week as investors\\\\nreview the latest results and statements from corporates to better understand\\\\nhow inflation is affecting businesses and consumers.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of drugstore chain CVS rose 4.6% after the company\\\\nreported strong financial results and raised its profit outlook for the year.\\\\n\u003ca href=\\\\\\\"https://opoyi.com/topics/starbucks/\\\\\\\"\u003eStarbucks\u003c/a\u003e also added 1.2% after reporting robust growth in earnings. About 75%\\\\nof the companies within the benchmark S\u0026amp;P 500 have reported earnings for\\\\nthe latest quarter and the results have mostly beaten analysts’ forecasts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/us-will-not-abandon-taiwan-says-nancy-pelosi-as-china-protests-716961/\\\\\\\"\u003e'US will not abandon Taiwan,' says Nancy Pelosi as China protests\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, several companies have reported disappointing\\\\nresults as well. Taco Bell owner Yum Brands slipped 3.1% after reporting weak\\\\nresults. Online dating service company Match Group lost nearly one-fifth of its\\\\nvalue after giving investors a weak financial forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"PayPal surged 11% following a report that activist investor\\\\nElliott Management has acquired a large stake in the payment company.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/twitter-subpoenas-banks-elon-musks-friends-over-44-billion-deal-716793/\\\\\\\"\u003eTwitter subpoenas banks, Elon Musk's friends over $44 billion deal\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Robinhood Markets jumped 15.4% after it announced that it’s\\\\ncutting nearly a quarter of its workforce. Crashing cryptocurrency prices and a\\\\nturbulent stock market have kept more customers off its app. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Oil prices remained mostly unchanged after OPEC’s decision\\\\nto boost production in September at a much slower pace than in previous months.\\\\n\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Markets are closely watching for possible economic fallout\\\\nfrom \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e after US House Speaker \u003ca href=\\\\\\\"https://opoyi.com/usa/who-is-nancy-pelosi-710046/\\\\\\\"\u003eNancy Pelosi's\u003c/a\u003e visit to \u003ca href=\\\\\\\"https://opoyi.com/topics/taiwan/\\\\\\\"\u003eTaiwan\u003c/a\u003e. China claims\\\\nself-ruled Taiwan as part of its territory and \u003ca href=\\\\\\\"https://opoyi.com/world/beijing-refuses-taiwanese-fruits-over-us-house-speaker-nancy-pelosis-visit-716882/\\\\\\\"\u003ebanned imports of Taiwanese\\\\ncitrus fruits\u003c/a\u003e and frozen fish in retaliation for Pelosi's visit. However, it\\\\nhas avoided disrupting the flow of computer chips and other industrial goods, a\\\\nstep that could push the global economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/how-china-is-punishing-taiwan-for-us-house-speaker-nancy-pelosis-visit-716900/\\\\\\\"\u003eHow China is punishing Taiwan for US House Speaker Nancy Pelosi's visit\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The government will release its July jobs report on Friday.\\\\nThe data could help investors determine whether the Federal Reserve will move\\\\nahead with its interest rate policy, which has been aggressive in an effort to\\\\ntry and tame inflation. US jobless claims number for last week will be released\\\\non Thursday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Taiwan","slug":"taiwan","id":"AmHZqT1DMin1","isSection":0},{"name":"Starbucks","slug":"starbucks","id":"ReQdpcd6Ja43","isSection":0},{"name":"TacoBell","slug":"tacobell","id":"BndQieYjz2Ul","isSection":0},{"name":"OPEC","slug":"opec","id":"ViNiH9Fxq6Wd","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-03T21:28:51+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks moved up in early trading on Wall Street Wednesday as investors reviewed another round of earnings reports from several big companies. The S\u0026P 500 rose 34.54 points or 0.84% to 4,125.73 as of 10:18 am Eastern time. The Dow Jones Industrial Average rose 152.63 points or 0.47% to 32,548.80. The Nasdaq rose 192.37 points or 1.56% to 12,541.12. The gains helped the indexes recover most of this week’s losses. Also Read | Ayman al-Zawahiri killing: Taliban leaders meet on how to respond to US attack,Technology companies, communications, and retailers were the biggest gainers this morning. Sectors considered less risky, such as consumer goods makers and utilities, were trading in the red. Bond yields moved higher. The yield on the 10-year Treasury increased to 2.82% from 2.73% late Tuesday. Also Read | India does not have problems like Sri Lanka, Pakistan: Raghuram Rajan,Financial reports remain in focus this week as investors review the latest results and statements from corporates to better understand how inflation is affecting businesses and consumers. Shares of drugstore chain CVS rose 4.6% after the company reported strong financial results and raised its profit outlook for the year. Starbucks also added 1.2% after reporting robust growth in earnings. About 75% of the companies within the benchmark S\u0026P 500 have reported earnings for the latest quarter and the results have mostly beaten analysts’ forecasts. Also Read | 'US will not abandon Taiwan,' says Nancy Pelosi as China protests,However, several companies have reported disappointing results as well. Taco Bell owner Yum Brands slipped 3.1% after reporting weak results. Online dating service company Match Group lost nearly one-fifth of its value after giving investors a weak financial forecast. PayPal surged 11% following a report that activist investor Elliott Management has acquired a large stake in the payment company. Also Read | Twitter subpoenas banks, Elon Musk's friends over $44 billion deal,Robinhood Markets jumped 15.4% after it announced that it’s cutting nearly a quarter of its workforce. Crashing cryptocurrency prices and a turbulent stock market have kept more customers off its app. ,Oil prices remained mostly unchanged after OPEC’s decision to boost production in September at a much slower pace than in previous months. ,Markets are closely watching for possible economic fallout from China after US House Speaker Nancy Pelosi's visit to Taiwan. China claims self-ruled Taiwan as part of its territory and banned imports of Taiwanese citrus fruits and frozen fish in retaliation for Pelosi's visit. However, it has avoided disrupting the flow of computer chips and other industrial goods, a step that could push the global economy. Also Read | How China is punishing Taiwan for US House Speaker Nancy Pelosi's visit,The government will release its July jobs report on Friday. The data could help investors determine whether the Federal Reserve will move ahead with its interest rate policy, which has been aggressive in an effort to try and tame inflation. US jobless claims number for last week will be released on Thursday.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"China,Taiwan,Treasury,Starbucks,Taco Bell,Yum Brands,Match Group,Elliott Management,Robinhood Markets,OPEC,US,Nancy Pelosi's,Taiwanese,the Federal Reserve,Early trade, US early trade, Stock market, Dow Jones, Nasdaq,Stock market, share market, Wall Street","originalPublishedOn":"2022-08-03T21:28:51+05:30"}},{"node":{"id":"u6gvQHUBdgle","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-tuesday-2","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-tuesday-716572/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Tuesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-03T08:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 27.44 points, or 0.7%, to 4,091.19\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 402.23 points, or 1.2%, to 32,396.17\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 20.22 points, or 0.2%, to 12,348.76\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659493160589,\\\"strCount\\\":4792,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks in the \u003ca href=\\\\\\\"https://opoyi.com/topics/unitedstates/\\\\\\\"\u003eUnited States\u003c/a\u003e fell on Tuesday after another day of drifting trade, as \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e argues whether the market's recent strong run represents the beginnings of a comeback or simply a momentary blip.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-716254/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Tuesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 slid 27.44 points, or 0.7%, to 4,091.19 after fluctuating between a 0.9% loss and a 0.5% gain during the day. The \u003ca href=\\\\\\\"https://opoyi.com/topics/dowjones/\\\\\\\"\u003eDow Jones Industrial Average\u003c/a\u003e fell, even more, shedding 402.23, or 1.2%, to 32,396.17, owing mostly to a decrease in Caterpillar stock. The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq composite\u003c/a\u003e fared better, but down 20.22 points, or 0.2%, to 12,348.76.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trending-stocks-adani-green-subex-voltas-itc-and-others-in-news-today-716534/\\\\\\\"\u003eTrending Stocks: Adani Green, Subex, Voltas, ITC and others in news today\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Treasury yields climbed through the day as concerns calmed a bit that the first visit by a U.S. Speaker of the House to \u003ca href=\\\\\\\"https://opoyi.com/topics/taiwan/\\\\\\\"\u003eTaiwan\u003c/a\u003e in 25 years could spark conflict between the world’s two largest economies. Analysts also cited comments by \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e officials that suggested continued hikes to \u003ca href=\\\\\\\"https://opoyi.com/topics/interestrates/\\\\\\\"\u003einterest rates\u003c/a\u003e are coming in order to knock down \u003ca href=\\\\\\\"https://opoyi.com/topics/inflation/\\\\\\\"\u003einflation\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-to-watch-on-wednesday-august-3-2022-716539/\\\\\\\"\u003eStocks to watch on Wednesday, August 3, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 is down nearly 1% so far this week after spurting in July to its best month since late 2020. It was a rare winning stretch for the market, which has struggled this year under worries about the \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003ehighest inflation in 40 years\u003c/a\u003e and rising interest rates from the Federal Reserve to combat it.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some weak recent data on the economy heightened speculation that the peak for inflation and for the Federal Reserve’s aggressive rate hikes may be approaching or has already passed. The weak data, though, also shows the risk of a recession as the Fed puts the brake on the economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-august-3-2022-716530/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on August 3, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A report on Tuesday showed that U.S. employers posted fewer job openings in June, and the number was weaker than economists expected. A lot rides on whether the job market can remain resilient. It’s been helping to prop up the economy as inflation tears into the finances of households across the country.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Friday, a report will show how many workers U.S. employers added last month, and economists expect it to show the unemployment rate remains very low even as hiring slowed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-rbi-would-be-pushed-to-hike-interest-rates-715918/\\\\\\\"\u003eWhy RBI would be pushed to hike interest rates\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"More support for Wall Street recently has come from stronger-than-expected corporate profits for the spring. On Tuesday, rideshare company Uber surged 18.9% after it reported stronger revenue than analysts expected.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Much of Wall Street’s focus Tuesday was also centred across the Pacific Ocean on U.S. House Speaker \u003ca href=\\\\\\\"https://opoyi.com/topics/nancypelosi/\\\\\\\"\u003eNancy Pelosi\u003c/a\u003e, whose plane touched down in \u003ca href=\\\\\\\"https://opoyi.com/topics/taiwan/\\\\\\\"\u003eTaiwan\u003c/a\u003e a little after trading began in New York. Her visit ratchets up tensions with \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e, which claims Taiwan as its own and quickly announced it would conduct military manoeuvres in retaliation for her presence.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-expected-to-hike-interest-rate-by-35-50-bps-715841/\\\\\\\"\u003eRBI expected to hike interest rate by 35-50 bps\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The worry in financial markets is that tensions could boil over, leading to blockages in international trade. China and Taiwan are together the sources of half the semiconductor chips consumed by the world “and almost all of the latest high-tech chips,” High-Frequency Economics chief economist Carl Weinberg wrote in a report.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Treasury yields fell in the morning with the worries but recovered as the day progressed. The 10-year yield rose to 2.75% from 2.61% late Monday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Taiwan","slug":"taiwan","id":"AmHZqT1DMin1","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"NancyPelosi","slug":"nancypelosi","id":"5LQimTN3zkV7","isSection":0},{"name":"NewYork","slug":"newyork","id":"ZXs8JjMQ5noW","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-08-03T08:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks in the United States fell on Tuesday after another day of drifting trade, as Wall Street argues whether the market's recent strong run represents the beginnings of a comeback or simply a momentary blip. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday,The S\u0026P 500 slid 27.44 points, or 0.7%, to 4,091.19 after fluctuating between a 0.9% loss and a 0.5% gain during the day. The Dow Jones Industrial Average fell, even more, shedding 402.23, or 1.2%, to 32,396.17, owing mostly to a decrease in Caterpillar stock. The Nasdaq composite fared better, but down 20.22 points, or 0.2%, to 12,348.76. Also Read| Trending Stocks: Adani Green, Subex, Voltas, ITC and others in news today,Treasury yields climbed through the day as concerns calmed a bit that the first visit by a U.S. Speaker of the House to Taiwan in 25 years could spark conflict between the world’s two largest economies. Analysts also cited comments by Federal Reserve officials that suggested continued hikes to interest rates are coming in order to knock down inflation. Also Read| Stocks to watch on Wednesday, August 3, 2022,The S\u0026P 500 is down nearly 1% so far this week after spurting in July to its best month since late 2020. It was a rare winning stretch for the market, which has struggled this year under worries about the highest inflation in 40 years and rising interest rates from the Federal Reserve to combat it. Some weak recent data on the economy heightened speculation that the peak for inflation and for the Federal Reserve’s aggressive rate hikes may be approaching or has already passed. The weak data, though, also shows the risk of a recession as the Fed puts the brake on the economy. Also Read| Trade Setup: Top 15 things to know before market opens on August 3, 2022,A report on Tuesday showed that U.S. employers posted fewer job openings in June, and the number was weaker than economists expected. A lot rides on whether the job market can remain resilient. It’s been helping to prop up the economy as inflation tears into the finances of households across the country. On Friday, a report will show how many workers U.S. employers added last month, and economists expect it to show the unemployment rate remains very low even as hiring slowed. Also Read| Why RBI would be pushed to hike interest rates,More support for Wall Street recently has come from stronger-than-expected corporate profits for the spring. On Tuesday, rideshare company Uber surged 18.9% after it reported stronger revenue than analysts expected. Much of Wall Street’s focus Tuesday was also centred across the Pacific Ocean on U.S. House Speaker Nancy Pelosi, whose plane touched down in Taiwan a little after trading began in New York. Her visit ratchets up tensions with China, which claims Taiwan as its own and quickly announced it would conduct military manoeuvres in retaliation for her presence. Also Read| RBI expected to hike interest rate by 35-50 bps,The worry in financial markets is that tensions could boil over, leading to blockages in international trade. China and Taiwan are together the sources of half the semiconductor chips consumed by the world “and almost all of the latest high-tech chips,” High-Frequency Economics chief economist Carl Weinberg wrote in a report. Treasury yields fell in the morning with the worries but recovered as the day progressed. The 10-year yield rose to 2.75% from 2.61% late Monday.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"U.S.,Taiwan,the Federal Reserve,China,the United States,Caterpillar,Treasury,House,Federal Reserve,Fed,the Pacific Ocean,Nancy Pelosi,New York,Carl Weinberg","originalPublishedOn":"2022-08-03T08:30:00+05:30"}},{"node":{"id":"UycBK0pQE2tX","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-8","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-716254/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-02T21:20:48+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite fell 64.13 points or 0.52% to 12,304.84\u003c/li\u003e\n \u003cli\u003eTechnology stocks were the biggest weights on the broader marker\u003c/li\u003e\n \u003cli\u003eThe yield on the 10-year Treasury increased to 2.63%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659455448567,\\\"strCount\\\":3585,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks fell significantly in early trading on Wall Street Tuesday as investors reviewed the latest corporate earnings for clues on inflation’s ongoing impact. Investors are also closely watching rising tensions between the \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/world/nancy-pelosis-potential-taiwan-visit-everything-china-said-715814/\\\\\\\"\u003eChina\u003c/a\u003e. The US House Speaker \u003ca href=\\\\\\\"https://opoyi.com/usa/who-is-nancy-pelosi-710046/\\\\\\\"\u003eNancy Pelosi\u003c/a\u003e is possibly visiting \u003ca href=\\\\\\\"https://opoyi.com/topics/taiwan/\\\\\\\"\u003eTaiwan\u003c/a\u003e, and China has warned of \\\\\\\"serious consequences\\\\\\\" if the trip to the island that it considers its territory goes ahead.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ahead-of-nancy-pelosis-visit-china-bans-35-taiwan-food-exporters-as-warning-716039/\\\\\\\"\u003eAhead of Nancy Pelosi's visit, China bans 35 Taiwan food exporters as warning\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 index fell 28.35 points or 0.69% as of 10:14 am Eastern time. The Dow Jones Industrial Average fell299.24 points or 0.91% to 32,499.16. The Nasdaq Composite fell 64.13 points or 0.52% to 12,304.84.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and bank stocks were among the biggest weights on the broader marker. \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e slipped 1.8% and JPMorgan Chase fell 1.1%\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/a-brief-history-of-the-china-taiwan-conflict-714736/\\\\\\\"\u003eA brief history of the China-Taiwan conflict\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury increased to 2.63% from 2.61% late Monday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Corporate financial reports remain a key concern for investors as they try to get insights into the health of the economy amid \u003ca href=\\\\\\\"https://opoyi.com/business/why-us-inflation-is-going-up-and-when-will-it-come-down-438404/\\\\\\\"\u003erecord high inflation\u003c/a\u003e, rising interest rates, and \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003erecession\u003c/a\u003e worries.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of ridesharing company Uber climbed 13.8% after it reported stronger-than-expected revenue. Construction equipment manufacturer Caterpillar fell 2.9% after the economic bellwether reported disappointing second-quarter revenue. Starbucks will announce its results later Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/top-two-primary-election-format-in-us-all-you-need-to-know-715772/\\\\\\\"\u003eTop-two primary election format in US: All you need to know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Companies under the benchmark S\u0026amp;P 500 have been reporting mostly strong earnings, but many are warning about weaker customer spending and higher costs because of current supply chain issues. Businesses have increased prices on everything from food to clothing to remain profitable.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Moreover, gas prices are putting a strain on consumers. While prices have reduced recently, US crude oil prices are still up 25% this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/us-primaries-all-you-need-to-about-washington-elections-715791/\\\\\\\"\u003eUS primaries: All you need to about Washington elections\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Central banks have been trying to control inflation by raising interest rates to slow economic growth. The Federal Reserve’s key short-term interest rate is at its highest level since 2018. Investors are concerned that the Fed could go too far and lead the economy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/usa/chandler-mall-shooting-are-guns-allowed-inside-the-shopping-center-715555/\\\\\\\"\u003eChandler Mall shooting: Are guns allowed inside the shopping center?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to government data released last week, the US economy contracted in the second quarter, suggesting it could already be in a recession.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"Recession","slug":"recession","id":"kTF38sWsaB2Q","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"NancyPelosi","slug":"nancypelosi","id":"5LQimTN3zkV7","isSection":0},{"name":"Taiwan","slug":"taiwan","id":"AmHZqT1DMin1","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-02T21:06:26+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks fell significantly in early trading on Wall Street Tuesday as investors reviewed the latest corporate earnings for clues on inflation’s ongoing impact. Investors are also closely watching rising tensions between the US and China. The US House Speaker Nancy Pelosi is possibly visiting Taiwan, and China has warned of serious consequences if the trip to the island that it considers its territory goes ahead. Also Read | Ahead of Nancy Pelosi's visit, China bans 35 Taiwan food exporters as warning,The S\u0026P 500 index fell 28.35 points or 0.69% as of 10:14 am Eastern time. The Dow Jones Industrial Average fell299.24 points or 0.91% to 32,499.16. The Nasdaq Composite fell 64.13 points or 0.52% to 12,304.84. Technology and bank stocks were among the biggest weights on the broader marker. Microsoft slipped 1.8% and JPMorgan Chase fell 1.1%,Also Read | A brief history of the China-Taiwan conflict,The yield on the 10-year Treasury increased to 2.63% from 2.61% late Monday. Corporate financial reports remain a key concern for investors as they try to get insights into the health of the economy amid record high inflation, rising interest rates, and recession worries. Shares of ridesharing company Uber climbed 13.8% after it reported stronger-than-expected revenue. Construction equipment manufacturer Caterpillar fell 2.9% after the economic bellwether reported disappointing second-quarter revenue. Starbucks will announce its results later Tuesday. Also Read | Top-two primary election format in US: All you need to know,Companies under the benchmark S\u0026P 500 have been reporting mostly strong earnings, but many are warning about weaker customer spending and higher costs because of current supply chain issues. Businesses have increased prices on everything from food to clothing to remain profitable. Moreover, gas prices are putting a strain on consumers. While prices have reduced recently, US crude oil prices are still up 25% this year. Also Read | US primaries: All you need to about Washington elections,Central banks have been trying to control inflation by raising interest rates to slow economic growth. The Federal Reserve’s key short-term interest rate is at its highest level since 2018. Investors are concerned that the Fed could go too far and lead the economy into a recession. Chandler Mall shooting: Are guns allowed inside the shopping center?,According to government data released last week, the US economy contracted in the second quarter, suggesting it could already be in a recession.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,China,Nancy Pelosi,Taiwan,Microsoft,Treasury,Caterpillar,The Federal Reserve,Fed,Early trade, US early trade, stock market, US stock market, Nasdaq, dow jones","originalPublishedOn":"2022-08-02T21:06:26+05:30"}},{"node":{"id":"iHdBH7naXBV2","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-monday-4","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-monday-715512/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Monday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-02T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 11.66 points, or 0.3%, to 4,118.63\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 46.73 points, or 0.1%, to 32,798.40\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 21.71 points, or 0.2%, to 12,368.98\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659405049357,\\\"strCount\\\":4868,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As investors started another busy week of company earnings and economic news, stocks on \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e gave up early gains and ended slightly down on Monday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gave up an early gain and finished down 0.3%. The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e Jones Industrial Average declined 0.1%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e dropped 0.2%. Smaller company stocks also gave up some of their recent gains, causing the Russell 2000 to fall 0.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-boeing-alibaba-nio-and-other-stocks-making-biggest-moves-715114/\\\\\\\"\u003eUS Premarket: Boeing, Alibaba, Nio and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields have generally fallen. The 10-year Treasury yield, which determines mortgage rates, decreased to 2.60% from 2.65% late Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 index dropped 11.66 points to 4,118.63. It gained 9.1% in July but is still down 13.6% for the year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/5g-spectrum-auction-concludes-reliance-jio-biggest-acquirer-715205/\\\\\\\"\u003e5G spectrum auction concludes, Reliance Jio biggest acquirer\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow lost 46.73 points to close at 32,798.40, while the Nasdaq slid 21.71 points to 12,368.98. The Russell 2000 ended down 1.92 points at 1,883.31.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Banks, health care companies and tech stocks were among the biggest weights on the S\u0026amp;P 500. JPMorgan Chase fell 1%, UnitedHealth Group dropped 1.3% and Intuit slid 1.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"U.S. \u003ca href=\\\\\\\"https://opoyi.com/topics/crudeoil/\\\\\\\"\u003ecrude oil\u003c/a\u003e prices fell 4.8%, dragging energy stocks lower. Exxon Mobil lost 2.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/all-you-need-to-know-about-reliance-jio-715368/\\\\\\\"\u003eAll you need to know about Reliance Jio\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Those losses outweighed solid gains by retailers and consumer product makers. Target rose 1.3% and Procter \u0026amp; Gamble rose 2.9%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/boeing/\\\\\\\"\u003eBoeing\u003c/a\u003e jumped 6.1% for the biggest gain in the S\u0026amp;P 500 after it cleared a key hurdle with federal regulators and could soon resume deliveries of its large 787 airliners.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks have been falling for much of the year as investors worry about high inflation and rising interest rates. A key concern remains whether \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003ecentral banks\u003c/a\u003e will raise \u003ca href=\\\\\\\"https://opoyi.com/topics/interestrates/\\\\\\\"\u003einterest rates\u003c/a\u003e too aggressively and push economies into a \u003ca href=\\\\\\\"https://opoyi.com/topics/recession/\\\\\\\"\u003erecession\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-august-2-2022-715500/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on August 2, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e raised its key short-term interest rate by 0.75 percentage points on Wednesday, lifting it to the highest level since 2018. The goal is to slow the U.S. economy to help temper the impact of inflation. An inflation gauge that is closely tracked by the Fed jumped 6.8% in June from a year ago, the biggest increase in four decades.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A surge in oil prices throughout the year only worsened the impact of inflation. U.S. crude oil prices are up roughly 25% in 2022 and that has raised gasoline prices in the U.S. to record levels.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-to-watch-on-tuesday-august-2-2022-715490/\\\\\\\"\u003eStocks to watch on Tuesday, August 2, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A report last week showed that the U.S. economy contracted last quarter and could be in a recession. Stocks' recent rally came as worrisome economic reports gave some investors confidence that the Fed can dial back its aggressive pace of rate hikes sooner than expected.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several big companies are reporting earnings this week, which will give investors insight into how inflation is impacting businesses and consumers. Construction equipment maker Caterpillar and coffee chain \u003ca href=\\\\\\\"https://opoyi.com/topics/starbucks/\\\\\\\"\u003eStarbucks\u003c/a\u003e report earnings on Tuesday. Pharmacy chain CVS reports earnings on Wednesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/closing-bell-sensex-jumps-545-points-nifty-up-182-points-714938/\\\\\\\"\u003eClosing Bell: Sensex jumps 545 points, Nifty up 182 points\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"More than half of the companies in the S\u0026amp;P 500 have reported their latest earnings results, which have been mostly better than expected. Many companies have also warned that inflation is hurting consumer spending and squeezing operations. Businesses have been increasing prices in an effort to keep up profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street will also get several updates on the job market, which has remained strong. The Labor Department will release its June survey on job openings and labour turnover on Tuesday and its closely-watched monthly employment report for July on Friday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"dow","slug":"dow","id":"QK3hkMAWGEay","isSection":0},{"name":"Boeing","slug":"boeing","id":"8ruRYCUT75q1","isSection":0},{"name":"Starbucks","slug":"starbucks","id":"ReQdpcd6Ja43","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-08-02T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"As investors started another busy week of company earnings and economic news, stocks on Wall Street gave up early gains and ended slightly down on Monday. The S\u0026P 500 gave up an early gain and finished down 0.3%. The Dow Jones Industrial Average declined 0.1%, while the Nasdaq dropped 0.2%. Smaller company stocks also gave up some of their recent gains, causing the Russell 2000 to fall 0.1%. Also Read| US Premarket: Boeing, Alibaba, Nio and other stocks making biggest moves,Bond yields have generally fallen. The 10-year Treasury yield, which determines mortgage rates, decreased to 2.60% from 2.65% late Friday. The S\u0026P 500 index dropped 11.66 points to 4,118.63. It gained 9.1% in July but is still down 13.6% for the year. Also Read| 5G spectrum auction concludes, Reliance Jio biggest acquirer,The Dow lost 46.73 points to close at 32,798.40, while the Nasdaq slid 21.71 points to 12,368.98. The Russell 2000 ended down 1.92 points at 1,883.31. Banks, health care companies and tech stocks were among the biggest weights on the S\u0026P 500. JPMorgan Chase fell 1%, UnitedHealth Group dropped 1.3% and Intuit slid 1.7%. U.S. crude oil prices fell 4.8%, dragging energy stocks lower. Exxon Mobil lost 2.5%. Also Read| All you need to know about Reliance Jio,Those losses outweighed solid gains by retailers and consumer product makers. Target rose 1.3% and Procter \u0026 Gamble rose 2.9%. Boeing jumped 6.1% for the biggest gain in the S\u0026P 500 after it cleared a key hurdle with federal regulators and could soon resume deliveries of its large 787 airliners. Stocks have been falling for much of the year as investors worry about high inflation and rising interest rates. A key concern remains whether central banks will raise interest rates too aggressively and push economies into a recession. Also Read| Trade Setup: Top 15 things to know before market opens on August 2, 2022,The Federal Reserve raised its key short-term interest rate by 0.75 percentage points on Wednesday, lifting it to the highest level since 2018. The goal is to slow the U.S. economy to help temper the impact of inflation. An inflation gauge that is closely tracked by the Fed jumped 6.8% in June from a year ago, the biggest increase in four decades. A surge in oil prices throughout the year only worsened the impact of inflation. U.S. crude oil prices are up roughly 25% in 2022 and that has raised gasoline prices in the U.S. to record levels. Also Read| Stocks to watch on Tuesday, August 2, 2022,A report last week showed that the U.S. economy contracted last quarter and could be in a recession. Stocks' recent rally came as worrisome economic reports gave some investors confidence that the Fed can dial back its aggressive pace of rate hikes sooner than expected. Several big companies are reporting earnings this week, which will give investors insight into how inflation is impacting businesses and consumers. Construction equipment maker Caterpillar and coffee chain Starbucks report earnings on Tuesday. Pharmacy chain CVS reports earnings on Wednesday. Also Read| Closing Bell: Sensex jumps 545 points, Nifty up 182 points,More than half of the companies in the S\u0026P 500 have reported their latest earnings results, which have been mostly better than expected. Many companies have also warned that inflation is hurting consumer spending and squeezing operations. Businesses have been increasing prices in an effort to keep up profits. Wall Street will also get several updates on the job market, which has remained strong. The Labor Department will release its June survey on job openings and labour turnover on Tuesday and its closely-watched monthly employment report for July on Friday.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"U.S.,Nasdaq,Fed,Dow Jones Industrial Average,Russell,Treasury,Dow,the S 500,JPMorgan Chase,UnitedHealth Group,Intuit,Exxon Mobil,Procter Gamble,Boeing,The Federal Reserve","originalPublishedOn":"2022-08-02T08:45:00+05:30"}},{"node":{"id":"hWGoUDrDPbvA","slug":"english/us-premarket-boeing-alibaba-nio-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-boeing-alibaba-nio-and-other-stocks-making-biggest-moves-715114/","title":"US Premarket: Boeing, Alibaba, Nio and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Global Payments reported better-than-expected second-quarter profit and revenue (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-01T19:48:03+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBoeing's defense workers will vote on a new proposed labor agreement on Wednesday\u003c/li\u003e\n \u003cli\u003eNio said it will open its first overseas plant in Europe in September\u003c/li\u003e\n \u003cli\u003eCheck Point Software reported better-than-expected quarterly results\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659363483103,\\\"strCount\\\":3405,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBoeing (BA)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/boeing/\\\\\\\"\u003eBoeing\u003c/a\u003e shares jumped 5.4% in the premarket as the company’s\\\\ndefense workers will vote on a new proposed labor agreement on Wednesday,\\\\naverting – for now – a strike that could have begun today. According to CNBC,\\\\nthe Federal Aviation Administration has approved inspection protocol revisions\\\\nthat should allow the jet maker to resume deliveries of its 787 Dreamliner.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/nancy-pelosi-likely-to-visit-taiwan-despite-warnings-reports-714918/\\\\\\\"\u003eNancy Pelosi likely to visit Taiwan despite warnings: Reports\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlibaba (BABA)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/alibaba/\\\\\\\"\u003eAlibaba\u003c/a\u003e\u0026nbsp;added 1.6% in premarket action after saying it intended to work to keep its New York Stock Exchange listing. The\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/topics/chinese/\\\\\\\"\u003eChinese\u003c/a\u003e\u0026nbsp;e-commerce major is on a list of companies that could be removed for not meeting auditing requirements.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/us-primaries-all-you-need-to-know-about-michigan-elections-714828/\\\\\\\"\u003eUS primaries: All you need to know about Michigan elections\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eGlobal Payments (GPN)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Global Payments added 1.6% in the premarket after the payments technology company reported better-than-expected second-quarter profit and revenue. It also announced the acquisition of rival fintech company EVO Payments (EVOP) for $34 per share or $4 billion in cash.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/world/a-brief-history-of-the-china-taiwan-conflict-714736/\\\\\\\"\u003eA brief history of the China-Taiwan conflict\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eNio (NIO)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The China-based electric car maker’s shares rallied 3% in\\\\nthe premarket after the announcement that it will open its first overseas plant\\\\nin \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e in September. The plant will be located in \u003ca href=\\\\\\\"https://opoyi.com/topics/hungary/\\\\\\\"\u003eHungary\u003c/a\u003e and will make\\\\npower products for the European market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-friday-714414/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500, Nasdaq and Russell ended in green on Friday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCheck Point Software (CHKP)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock fell 4.7% in premarket trading after the company\\\\nreported better-than-expected revenue and profit for its latest quarter, on the\\\\nback of a surge in demand for its cybersecurity products amid a worldwide\\\\nincrease in cyberattacks\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/chinese-rocket-debris-reenter-atmosphere-over-indian-ocean-all-you-need-to-know-713918/\\\\\\\"\u003eChinese rocket debris reenter atmosphere over Indian Ocean: All you need to know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003ePerkinElmer (PKI) \u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the diagnostics and life sciences company rose\\\\n1.4% in premarket trading after announcing plans to sell several non-core units\\\\nto private-equity firm New Mountain Capital for $2.45 billion in cash. In\\\\naddition, Perkin Elmer posted better-than-expected sales and profit for the\\\\nsecond quarter.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/mega-millions-jackpot-illinois-person-gets-lucky-wins-134-billion-713787/\\\\\\\"\u003eMega Millions jackpot: Illinois person gets lucky, wins $1.34 billion\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eValvoline (VVV)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the automotive products company gained 2.4% after\\\\nit announced the sale of its global products business to Saudi Aramco for $2.65\\\\nbillion in cash. \\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Alibaba","slug":"alibaba","id":"i8LDIVNWa7Jz","isSection":0},{"name":"Boeing","slug":"boeing","id":"8ruRYCUT75q1","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Hungary","slug":"hungary","id":"fapqhgNUCuVR","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-08-01T19:48:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Boeing (BA),Boeing shares jumped 5.4% in the premarket as the company’s defense workers will vote on a new proposed labor agreement on Wednesday, averting – for now – a strike that could have begun today. According to CNBC, the Federal Aviation Administration has approved inspection protocol revisions that should allow the jet maker to resume deliveries of its 787 Dreamliner. Also Read | Nancy Pelosi likely to visit Taiwan despite warnings: Reports,Alibaba (BABA),Alibaba added 1.6% in premarket action after saying it intended to work to keep its New York Stock Exchange listing. The Chinese e-commerce major is on a list of companies that could be removed for not meeting auditing requirements. Also Read | US primaries: All you need to know about Michigan elections,Global Payments (GPN),Global Payments added 1.6% in the premarket after the payments technology company reported better-than-expected second-quarter profit and revenue. It also announced the acquisition of rival fintech company EVO Payments (EVOP) for $34 per share or $4 billion in cash. Also Read | A brief history of the China-Taiwan conflict,Nio (NIO),The China-based electric car maker’s shares rallied 3% in the premarket after the announcement that it will open its first overseas plant in Europe in September. The plant will be located in Hungary and will make power products for the European market. Also Read | US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Friday,Check Point Software (CHKP),The stock fell 4.7% in premarket trading after the company reported better-than-expected revenue and profit for its latest quarter, on the back of a surge in demand for its cybersecurity products amid a worldwide increase in cyberattacks,Also Read | Chinese rocket debris reenter atmosphere over Indian Ocean: All you need to know,PerkinElmer (PKI) ,Shares of the diagnostics and life sciences company rose 1.4% in premarket trading after announcing plans to sell several non-core units to private-equity firm New Mountain Capital for $2.45 billion in cash. In addition, Perkin Elmer posted better-than-expected sales and profit for the second quarter. Also Read | Mega Millions jackpot: Illinois person gets lucky, wins $1.34 billion,Valvoline (VVV),Shares of the automotive products company gained 2.4% after it announced the sale of its global products business to Saudi Aramco for $2.65 billion in cash.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Boeing,Alibaba,China,Europe,Hungary,BABA,New York Stock Exchange,New Mountain Capital,Perkin Elmer,Saudi,Premarket, US premarket, Stock market, share market, US stock market, Wall Street, Nasdaq, Global Payments, Nio, Check Point Software, PerkinElmer, Va","originalPublishedOn":"2022-08-01T19:48:00+05:30"}},{"node":{"id":"ej8e3jxP3pvg","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-friday-6","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-friday-714414/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Friday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-08-01T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 57.86 points, or 1.4%, to 4,130.29\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 315.50 points, or 1%, to 32,845.13\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 228.09 points, or 1.9%, to 12,390.69\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659316689301,\\\"strCount\\\":4616,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks rose further on Friday as \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e completed its best month since November 2020, providing investors with a welcome breather after a painful year for the market.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-713044/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Friday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 index, which serves as a benchmark for many stock funds, gained 1.4% in July and finished 9.1% higher for the month. The index's wide gains this month were fueled by a rebound in technology stocks, big retailers, and other industries that rely on direct consumer spending. For the year, the index is still down 13.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-amazon-intel-apple-and-other-stocks-making-biggest-moves-712962/\\\\\\\"\u003eUS Premarket: Amazon, Intel, Apple and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e jumped 1.9%, completing the month 12.4% higher, while the Dow Jones Industrial Average increased 1%, ending the month 6.7% higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The latest rally came as investors weighed a mix of company earnings reports and new data showing inflation jumped by the most in four decades last month.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/to-fight-inflation-asian-economies-must-raise-rates-rapidly-imf-712542/\\\\\\\"\u003eTo fight inflation, Asian economies must raise rates rapidly: IMF\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stock gains in recent weeks have been fueled by better-than-expected corporate earnings reports and falling bond yields, which have pulled back after soaring much of this year on expectations of higher interest rates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 57.86 points to 4,130.29. The Dow gained 315.50 points to close at 32,845.13. The Nasdaq rose 228.09 points to 12,390.69.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/where-to-invest-during-high-inflation-710394/\\\\\\\"\u003eWhere to invest during high inflation?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also gained ground. The Russell 2000 rose 12.20 points, or 0.7%, to 1,885.23. It ended July with a 10.4% gain.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Weak economic data, including a report Thursday showing that the U.S. economy contracted last quarter and could be in a recession, have also spurred stocks higher by giving some investors confidence that the Federal Reserve will be able to dial back its aggressive pace of rate hikes sooner than expected.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-post-pandemic-markets-have-behaved-historically-711192/\\\\\\\"\u003eHow post-pandemic markets have behaved historically\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The central bank raised its key short-term interest rate by 0.75 percentage points on Wednesday, lifting it to the highest level since 2018. The Fed is raising rates in a bid to slow the U.S. economy and quell inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest increase in four decades, leaving Americans with no relief from surging prices. On a month-to-month basis, inflation accelerated to 1% in June from May’s 0.6% monthly increase, the Commerce Department said Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Exxon and Chevron posted record quarterly profits last quarter amid high oil and gas prices. The two companies made $46 billion last quarter and roughly four times the amount of money they made in the same period a year earlier. Chevron shares jumped 8.9% to a six-week high, while Exxon rose 4.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e surged 10.4% for the biggest gain in the S\u0026amp;P 500 after the company posted a quarterly loss, but its revenue jumped sharply in the quarter.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e rose 3.3% after its quarterly earnings came in better than Wall Street expected. The iPhone maker saw its profit for the April-June period decline by 10% while revenue edged up 2% as it grappled with manufacturing headaches and inflation pressures.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It was a mixed day in the bond market. The two-year Treasury yield, which tends to move with expectations for the Fed, rose to 2.89% from 2.87% late Thursday. The 10-year yield, which influences mortgage rates, fell to 2.65% from 2.67%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-08-01T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks rose further on Friday as Wall Street completed its best month since November 2020, providing investors with a welcome breather after a painful year for the market. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Friday,The S\u0026P 500 index, which serves as a benchmark for many stock funds, gained 1.4% in July and finished 9.1% higher for the month. The index's wide gains this month were fueled by a rebound in technology stocks, big retailers, and other industries that rely on direct consumer spending. For the year, the index is still down 13.3%. Also Read| US Premarket: Amazon, Intel, Apple and other stocks making biggest moves,The Nasdaq jumped 1.9%, completing the month 12.4% higher, while the Dow Jones Industrial Average increased 1%, ending the month 6.7% higher. The latest rally came as investors weighed a mix of company earnings reports and new data showing inflation jumped by the most in four decades last month. Also Read| To fight inflation, Asian economies must raise rates rapidly: IMF,Stock gains in recent weeks have been fueled by better-than-expected corporate earnings reports and falling bond yields, which have pulled back after soaring much of this year on expectations of higher interest rates. The S\u0026P 500 rose 57.86 points to 4,130.29. The Dow gained 315.50 points to close at 32,845.13. The Nasdaq rose 228.09 points to 12,390.69. Also Read| Where to invest during high inflation?,Smaller company stocks also gained ground. The Russell 2000 rose 12.20 points, or 0.7%, to 1,885.23. It ended July with a 10.4% gain. Weak economic data, including a report Thursday showing that the U.S. economy contracted last quarter and could be in a recession, have also spurred stocks higher by giving some investors confidence that the Federal Reserve will be able to dial back its aggressive pace of rate hikes sooner than expected. Also Read| How post-pandemic markets have behaved historically,The central bank raised its key short-term interest rate by 0.75 percentage points on Wednesday, lifting it to the highest level since 2018. The Fed is raising rates in a bid to slow the U.S. economy and quell inflation. An inflation gauge that is closely tracked by the Federal Reserve jumped 6.8% in June from a year ago, the biggest increase in four decades, leaving Americans with no relief from surging prices. On a month-to-month basis, inflation accelerated to 1% in June from May’s 0.6% monthly increase, the Commerce Department said Friday. Also Read| How Paul Volcker tamed inflation with two recessions in 1980s,Exxon and Chevron posted record quarterly profits last quarter amid high oil and gas prices. The two companies made $46 billion last quarter and roughly four times the amount of money they made in the same period a year earlier. Chevron shares jumped 8.9% to a six-week high, while Exxon rose 4.6%. Amazon surged 10.4% for the biggest gain in the S\u0026P 500 after the company posted a quarterly loss, but its revenue jumped sharply in the quarter. Also Read| The 2008 market crash: Inside the doomsday machine and a brief history,Apple rose 3.3% after its quarterly earnings came in better than Wall Street expected. The iPhone maker saw its profit for the April-June period decline by 10% while revenue edged up 2% as it grappled with manufacturing headaches and inflation pressures. It was a mixed day in the bond market. The two-year Treasury yield, which tends to move with expectations for the Fed, rose to 2.89% from 2.87% late Thursday. The 10-year yield, which influences mortgage rates, fell to 2.65% from 2.67%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"U.S.,the Federal Reserve,Fed,Exxon,Chevron,Nasdaq,Russell,the Commerce Department,Amazon,Apple,Treasury","originalPublishedOn":"2022-08-01T09:00:00+05:30"}},{"node":{"id":"Tyo1E6A1DmVK","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-7","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-713044/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Friday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-29T21:27:41+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite was 153.08 points or 1.26% to 12,315.67\u003c/li\u003e\n \u003cli\u003eOil majors Chevron and Exxon reported record profits in second quarter\u003c/li\u003e\n \u003cli\u003eAmazon’s shares climbed 11% after the company posted a quarterly loss\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659110261785,\\\"strCount\\\":3146,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks moved up early Friday on Wall Street, despite news\\\\nthat closely monitored \u003ca href=\\\\\\\"https://opoyi.com/business/why-us-inflation-is-going-up-and-when-will-it-come-down-438404/\\\\\\\"\u003einflation \u003c/a\u003edata rose to its highest level in four decades\\\\nlast month. Investor sentiment remained positive due to earnings reports\\\\nreleased by \u003ca href=\\\\\\\"https://opoyi.com/technology/moscow-goes-after-big-tech-for-storing-user-data-abroad-712525/\\\\\\\"\u003etechnology giants\u003c/a\u003e Apple and \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e, as well as oil majors Exxon and\\\\nChevron. The S\u0026amp;P 500 and Nasdaq are on track to end July with the biggest\\\\ngains since November 2020.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/to-fight-inflation-asian-economies-must-raise-rates-rapidly-imf-712542/\\\\\\\"\u003eTo fight inflation, Asian economies must raise rates rapidly: IMF\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 index was 35.34 points or 0.87% higher at\\\\n4,107.77 as of 10:19 am Eastern time. The Dow Jones Industrial Average was up\\\\n82.41 points or 0.25% to 32,612.04. The technology-heavy Nasdaq Composite was\\\\n153.08 points or 1.26% to 12,315.67. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Oil majors Chevron and Exxon reported record profits in the second quarter, on the back of high oil and gas prices. The two\\\\ncompanies earned $46 billion in the reported quarter, almost four times the\\\\namount of money those two companies made in the same period a year earlier.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/recession-fear-grips-the-us-after-economy-shrinks-for-2nd-quarter-712363/\\\\\\\"\u003eRecession fear grips the US after economy shrinks for 2nd quarter\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/technology/apple-privacy-measures-leads-to-woes-at-meta-as-tiktok-surges-ahead-712527/\\\\\\\"\u003eApple \u003c/a\u003eshares jumped over 3% after reporting\\\\nbetter-than-expected quarterly earnings. Profit for the April-June quarter\\\\ndeclined by 10% while revenue grew 2% as it struggled with manufacturing issues\\\\nand inflationary pressures.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"E-commerce giant Amazon’s shares climbed 11% after the\\\\ncompany posted a quarterly loss, but its revenue rose sharply in the quarter.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/house-democrats-introduce-new-net-neutrality-bill-712560/\\\\\\\"\u003eHouse Democrats introduce new Net Neutrality Bill\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"An inflation metric that is closely watched by the \u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-hikes-interest-rate-by-75-basis-points-to-fight-inflation-711312/\\\\\\\"\u003eFederal\\\\nReserve\u003c/a\u003e jumped 6.8% in June from a year ago, the biggest jump in four decades,\\\\nleaving Americans with no relief from soaring prices. On a monthly basis,\\\\ninflation surged to 1% in June from May's 0.6% monthly increase.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The data outlined the persistence of the \u003ca href=\\\\\\\"https://opoyi.com/business/where-to-invest-during-high-inflation-710394/\\\\\\\"\u003einflation\u003c/a\u003e that is\\\\naffecting Americans’ purchasing power, dimming their confidence in the economy\\\\nand threatening \u003ca href=\\\\\\\"https://opoyi.com/topics/democrats/\\\\\\\"\u003eDemocrats\u003c/a\u003e in \u003ca href=\\\\\\\"https://opoyi.com/topics/congress/\\\\\\\"\u003eCongress\u003c/a\u003e in the run-up to the November midterm\\\\nelections.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Democrats","slug":"democrats","id":"Vmz6UbCXmH4g","isSection":0},{"name":"Congress","slug":"congress","id":"KGrnteP5qPtc","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-29T21:27:35+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks moved up early Friday on Wall Street, despite news that closely monitored inflation data rose to its highest level in four decades last month. Investor sentiment remained positive due to earnings reports released by technology giants Apple and Amazon, as well as oil majors Exxon and Chevron. The S\u0026P 500 and Nasdaq are on track to end July with the biggest gains since November 2020. Also Read | To fight inflation, Asian economies must raise rates rapidly: IMF,The S\u0026P 500 index was 35.34 points or 0.87% higher at 4,107.77 as of 10:19 am Eastern time. The Dow Jones Industrial Average was up 82.41 points or 0.25% to 32,612.04. The technology-heavy Nasdaq Composite was 153.08 points or 1.26% to 12,315.67. ,Oil majors Chevron and Exxon reported record profits in the second quarter, on the back of high oil and gas prices. The two companies earned $46 billion in the reported quarter, almost four times the amount of money those two companies made in the same period a year earlier. Also Read | Recession fear grips the US after economy shrinks for 2nd quarter,Apple shares jumped over 3% after reporting better-than-expected quarterly earnings. Profit for the April-June quarter declined by 10% while revenue grew 2% as it struggled with manufacturing issues and inflationary pressures. E-commerce giant Amazon’s shares climbed 11% after the company posted a quarterly loss, but its revenue rose sharply in the quarter. Also Read | House Democrats introduce new Net Neutrality Bill,An inflation metric that is closely watched by the Federal Reserve jumped 6.8% in June from a year ago, the biggest jump in four decades, leaving Americans with no relief from soaring prices. On a monthly basis, inflation surged to 1% in June from May's 0.6% monthly increase. Also Read | How to survive a market crash,The data outlined the persistence of the inflation that is affecting Americans’ purchasing power, dimming their confidence in the economy and threatening Democrats in Congress in the run-up to the November midterm elections.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Apple,Amazon,Exxon,Chevron,Nasdaq,the Federal Reserve,Americans,Democrats,Congress","originalPublishedOn":"2022-07-29T21:27:35+05:30"}},{"node":{"id":"m2nd5FRCxD8C","slug":"english/us-premarket-amazon-intel-apple-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-amazon-intel-apple-and-other-stocks-making-biggest-moves-712962/","title":"US Premarket: Amazon, Intel, Apple and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Intel reported quarterly profit and revenue below the Wall Street forecasts (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-29T20:37:22+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eAmazon shares surged 12.5% after it reported better-than-expected quarterly revenue\u003c/li\u003e\n \u003cli\u003eRoku shares plunged 23.2% after it posted a wider-than-expected quarterly loss\u003c/li\u003e\n \u003cli\u003eChevron added 3.6% after beating top and bottom line estimates for its second quarter\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659107243346,\\\"strCount\\\":3689,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAmazon (AMZN)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e shares surged 12.5% in the premarket after it reported better-than-expected quarterly revenue and issued a positive outlook. Amazon posted an overall quarterly loss, owing largely to a $3.9 billion negative impact from its investment in \u003ca href=\\\\\\\"https://opoyi.com/usa/us-senate-moves-to-ease-electric-vehicle-purchases-712595/\\\\\\\"\u003eelectric vehicle\u003c/a\u003e maker.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/to-fight-inflation-asian-economies-must-raise-rates-rapidly-imf-712542/\\\\\\\"\u003eTo fight inflation, Asian economies must raise rates rapidly: IMF\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eRoku (ROKU)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Roku shares plunged 23.2% in premarket action after it posted a wider-than-expected quarterly loss. Its revenue also missed estimates. Roku issued a weaker-than-expected outlook as both ad sales and sales of its video streaming devices remain under pressure.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/house-democrats-introduce-new-net-neutrality-bill-712560/\\\\\\\"\u003eHouse Democrats introduce new Net Neutrality Bill\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eIntel (INTC)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the chip maker tumbled 11.2% in the premarket after it reported quarterly profit and revenue below the Wall Street forecasts. Revenue declined compared to a year ago period and was its largest in more than a decade. Its guidance for the ongoing quarter fell short of forecasts. \u003ca href=\\\\\\\"https://opoyi.com/topics/intel/\\\\\\\"\u003eIntel\u003c/a\u003e cited supply chain disruptions and delays in the rollout of new data center chips among the factors weighing on results.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/moscow-goes-after-big-tech-for-storing-user-data-abroad-712525/\\\\\\\"\u003eMoscow goes after Big Tech for storing user data abroad\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eChevron (CVX)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Chevron added 3.6% in the premarket after beating top and bottom line estimates for its second quarter and raising the top end of its share buyback guidance to $15 billion from the prior $10 billion.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eProcter \u0026amp; Gamble (PG)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the consumer products giant fell 3.6% in the premarket after it missed estimates by a penny per share, with a quarterly profit of $1.21 per share. Revenue exceeded estimates. Procter \u0026amp; Gamble predicts organic sales growth of 3% to 5% for the current financial year, the slowest since 2019 as consumers grow more cautious.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/federal-courts-system-breach-being-investigated-by-justice-department-712484/\\\\\\\"\u003eFederal courts system breach being investigated by Justice Department\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eExxon Mobil (XOM)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Exxon Mobil jumped 2% in the premarket action after the company reported a better-than-expected profit for the second quarter. Strong margins along with higher prices for oil and natural gas supported the growth.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eApple (AAPL)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/technology/apple-privacy-measures-leads-to-woes-at-meta-as-tiktok-surges-ahead-712527/\\\\\\\"\u003eApple\u003c/a\u003e jumped 2.3% in premarket trading after reporting quarterly results that exceeded Wall Street forecasts. Earnings declined compared to corresponding quarter, but Apple iPhone sales continue to grow.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/recession-fear-grips-the-us-after-economy-shrinks-for-2nd-quarter-712363/\\\\\\\"\u003eRecession fear grips the US after economy shrinks for 2nd quarter\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eNewell Brands (NWL)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Newell Brands' stock fell 2.9% in premarket action after it released weaker-than-expected current-quarter and full-year guidance amid a weak macroeconomic environment. However, the parent of consumer brands like Sunbeam, Mr. \u003ca href=\\\\\\\"https://opoyi.com/topics/coffee/\\\\\\\"\u003eCoffee\u003c/a\u003e, and Crockpot reported better-than-expected earnings for its latest quarter. \\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Intel","slug":"intel","id":"684cgAYG8tf8","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Coffee","slug":"coffee","id":"8z7n9VXiI9eH","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-29T20:37:21+05:30","publisher":0,"sourceFeed":null,"cleanText":"Amazon (AMZN),Amazon shares surged 12.5% in the premarket after it reported better-than-expected quarterly revenue and issued a positive outlook. Amazon posted an overall quarterly loss, owing largely to a $3.9 billion negative impact from its investment in electric vehicle maker. Also Read | To fight inflation, Asian economies must raise rates rapidly: IMF,Roku (ROKU),Roku shares plunged 23.2% in premarket action after it posted a wider-than-expected quarterly loss. Its revenue also missed estimates. Roku issued a weaker-than-expected outlook as both ad sales and sales of its video streaming devices remain under pressure. Also Read | House Democrats introduce new Net Neutrality Bill,Intel (INTC),Shares of the chip maker tumbled 11.2% in the premarket after it reported quarterly profit and revenue below the Wall Street forecasts. Revenue declined compared to a year ago period and was its largest in more than a decade. Its guidance for the ongoing quarter fell short of forecasts. Intel cited supply chain disruptions and delays in the rollout of new data center chips among the factors weighing on results. Also Read | Moscow goes after Big Tech for storing user data abroad,Chevron (CVX),Chevron added 3.6% in the premarket after beating top and bottom line estimates for its second quarter and raising the top end of its share buyback guidance to $15 billion from the prior $10 billion. Procter \u0026 Gamble (PG),Shares of the consumer products giant fell 3.6% in the premarket after it missed estimates by a penny per share, with a quarterly profit of $1.21 per share. Revenue exceeded estimates. Procter \u0026 Gamble predicts organic sales growth of 3% to 5% for the current financial year, the slowest since 2019 as consumers grow more cautious. Also Read | Federal courts system breach being investigated by Justice Department,Exxon Mobil (XOM),Exxon Mobil jumped 2% in the premarket action after the company reported a better-than-expected profit for the second quarter. Strong margins along with higher prices for oil and natural gas supported the growth. Apple (AAPL),Apple jumped 2.3% in premarket trading after reporting quarterly results that exceeded Wall Street forecasts. Earnings declined compared to corresponding quarter, but Apple iPhone sales continue to grow. Also Read | Recession fear grips the US after economy shrinks for 2nd quarter,Newell Brands (NWL),Newell Brands' stock fell 2.9% in premarket action after it released weaker-than-expected current-quarter and full-year guidance amid a weak macroeconomic environment. However, the parent of consumer brands like Sunbeam, Mr. Coffee, and Crockpot reported better-than-expected earnings for its latest quarter.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Amazon,Intel,Chevron,Exxon Mobil,Roku,CVX,Procter Gamble,XOM,Apple,Newell Brands,Newell Brands',Coffee","originalPublishedOn":"2022-07-29T20:37:21+05:30"}},{"node":{"id":"0n2Gqu9zEWGq","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-thursday-7","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-thursday-712481/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Thursday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-29T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 48.82 points, or 1.2%, to 4,072.43\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 332.04 points, or 1%, to 32,529.63\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 130.17 points, or 1.1%, to 12,162.59\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659060343655,\\\"strCount\\\":6248,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks finished broadly higher again on Thursday, as investors grew more confident that a slowing \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e economy means the Federal Reserve would be able to scale down its aggressive interest rate rises aimed at curbing inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 1.2%, with more than 80% of the equities in the benchmark index closing higher. The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e Jones Industrial Average increased by 1%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e increased by 1.1%. Smaller company stocks outperformed the larger market, pushing the Russell 2000 up 1.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-11-712148/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Thursday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Commerce Department reported that the economy contracted at a 0.9% annual pace last quarter. The decline in the gross domestic product — the broadest gauge of the economy — followed a 1.6% annual drop from January through March. Consecutive quarters of falling GDP are an informal, though not definitive, an indicator of a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The GDP report signalled weakness across the economy. Consumer spending slowed as Americans bought fewer goods. Business investment fell. Inventories tumbled as businesses slowed their restocking of shelves, shedding 2 percentage points from GDP.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-ford-meta-spirit-and-other-stocks-making-biggest-moves-712065/\\\\\\\"\u003eUS Premarket: Ford, Meta, Spirit and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve has made slowing the U.S. economy to tame the highest inflation in 40 years its goal by raising interest rates, most recently on Wednesday. The latest GDP report, along with other recent weak economic data, could be giving some investors confidence that the central bank will be able to ease up on the size of any further rate hikes in the months to come, analysts said.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Traders now see a 74% chance that the Fed will raise its key rate by a half-point at its next policy meeting in September, and only a 26% chance of another 0.75-point increase, according to CME Group.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-july-29-2022-712449/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on July 29, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The central bank raised its key short-term interest rate by 0.75 percentage points on Wednesday, lifting it to the highest level since 2018. The move sparked a broad market rally led by technology stocks that helped give the Nasdaq its biggest gain in over two years. The major indexes are now all on pace for a weekly gain, extending Wall Street’s strong July rally.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Thursday, the S\u0026amp;P 500 rose 48.82 points to 4,072.43, while the Dow added 332.04 points to close at 32,529.63. The Nasdaq gained 130.17 points to 12,162.59. The Russell 2000 rose 24.69 points to 1,873.03.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/closing-bell-sensex-jumps-1041-points-nifty-up-288-points-711905/\\\\\\\"\u003eClosing Bell: Sensex jumps 1041 points, Nifty up 288 points\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks and retailers, restaurant chains and other companies that rely on direct consumer spending helped lift the S\u0026amp;P 500 Thursday. \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e rose 2.9%, Target gained 3.1% and McDonald's added 1.8% higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Communication services stocks were the only laggards. Meta Platforms fell 5.2% after the social media giant said its revenue fell last quarter for the first time ever, dragged down by a drop in ad spending.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In a busy week of corporate earnings reports, investors have focused on what companies are saying about inflation and the impact rising interest rates are having on their business and customers.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/bajaj-finance-tata-steel-nestle-and-other-stocks-that-moved-most-on-july-28-711949/\\\\\\\"\u003eBajaj Finance, Tata Steel, Nestle and other stocks that moved most on July 28\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Markets were spooked Monday after retail giant Walmart warned that its profits are being hurt by rising prices for food and gas, which are forcing shoppers to cut back on more profitable discretionary items such as clothing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stanley Black \u0026amp; Decker slumped 16.1% Thursday after the tool maker's second-quarter results fell short of Wall Street's estimates. The company noted that demand significantly slowed in May and June.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Oshkosh fell 6.2% after the Wisconsin-based maker of postal trucks and military vehicles reported weaker-than-expected quarterly results and lowered its 2022 profit guidance, citing lingering supply chain disruptions and inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Apple's profit and revenue fell in its April-June quarter, but the results still beat analysts’ forecasts. The \u003ca href=\\\\\\\"https://opoyi.com/topics/iphone/\\\\\\\"\u003eiPhone\u003c/a\u003e maker’s shares rose 0.4% but added 3.9% in after-hours trading following the release of its earnings report.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e jumped more than 12% in after-hours trading. It reported its second-consecutive quarterly loss but its revenue topped Wall Street’s expectations. The stock closed 1.1% higher during regular trading.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Meanwhile, \u003ca href=\\\\\\\"https://opoyi.com/topics/spirit/\\\\\\\"\u003eSpirit\u003c/a\u003e Airlines shares rose 5.6% after JetBlue said it agreed to buy the budget airline for $3.8 billion to create the nation’s fifth largest airline. The agreement, which still requires regulator and shareholder approval, comes a day after Spirit’s attempt to merge with Frontier Airlines fell apart. Frontier Airlines vaulted 20.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields were broadly lower. The two-year Treasury yield, which tends to move with expectations for the Fed, fell to 2.87% from 2.98% late Wednesday. The 10-year yield, which influences mortgage rates, fell to 2.68% from 2.74%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"dow","slug":"dow","id":"QK3hkMAWGEay","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"McDonalds","slug":"mcdonalds","id":"Kgbr4yxqtIGr","isSection":0},{"name":"Wisconsin","slug":"wisconsin","id":"ffp17yTGgnc9","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"iPhone","slug":"iphone","id":"6NYnk0go6RVS","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Spirit","slug":"spirit","id":"A3J5TwdsH6O3","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-07-29T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks finished broadly higher again on Thursday, as investors grew more confident that a slowing US economy means the Federal Reserve would be able to scale down its aggressive interest rate rises aimed at curbing inflation. The S\u0026P 500 gained 1.2%, with more than 80% of the equities in the benchmark index closing higher. The Dow Jones Industrial Average increased by 1%, while the Nasdaq increased by 1.1%. Smaller company stocks outperformed the larger market, pushing the Russell 2000 up 1.3%. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Thursday,The Commerce Department reported that the economy contracted at a 0.9% annual pace last quarter. The decline in the gross domestic product — the broadest gauge of the economy — followed a 1.6% annual drop from January through March. Consecutive quarters of falling GDP are an informal, though not definitive, an indicator of a recession. The GDP report signalled weakness across the economy. Consumer spending slowed as Americans bought fewer goods. Business investment fell. Inventories tumbled as businesses slowed their restocking of shelves, shedding 2 percentage points from GDP. Also Read| US Premarket: Ford, Meta, Spirit and other stocks making biggest moves,The Federal Reserve has made slowing the U.S. economy to tame the highest inflation in 40 years its goal by raising interest rates, most recently on Wednesday. The latest GDP report, along with other recent weak economic data, could be giving some investors confidence that the central bank will be able to ease up on the size of any further rate hikes in the months to come, analysts said. Traders now see a 74% chance that the Fed will raise its key rate by a half-point at its next policy meeting in September, and only a 26% chance of another 0.75-point increase, according to CME Group. Also Read| Trade Setup: Top 15 things to know before market opens on July 29, 2022,The central bank raised its key short-term interest rate by 0.75 percentage points on Wednesday, lifting it to the highest level since 2018. The move sparked a broad market rally led by technology stocks that helped give the Nasdaq its biggest gain in over two years. The major indexes are now all on pace for a weekly gain, extending Wall Street’s strong July rally. On Thursday, the S\u0026P 500 rose 48.82 points to 4,072.43, while the Dow added 332.04 points to close at 32,529.63. The Nasdaq gained 130.17 points to 12,162.59. The Russell 2000 rose 24.69 points to 1,873.03. Also Read| Closing Bell: Sensex jumps 1041 points, Nifty up 288 points,Technology stocks and retailers, restaurant chains and other companies that rely on direct consumer spending helped lift the S\u0026P 500 Thursday. Microsoft rose 2.9%, Target gained 3.1% and McDonald's added 1.8% higher. Communication services stocks were the only laggards. Meta Platforms fell 5.2% after the social media giant said its revenue fell last quarter for the first time ever, dragged down by a drop in ad spending. In a busy week of corporate earnings reports, investors have focused on what companies are saying about inflation and the impact rising interest rates are having on their business and customers. Also Read| Bajaj Finance, Tata Steel, Nestle and other stocks that moved most on July 28,Markets were spooked Monday after retail giant Walmart warned that its profits are being hurt by rising prices for food and gas, which are forcing shoppers to cut back on more profitable discretionary items such as clothing. Stanley Black \u0026 Decker slumped 16.1% Thursday after the tool maker's second-quarter results fell short of Wall Street's estimates. The company noted that demand significantly slowed in May and June. Oshkosh fell 6.2% after the Wisconsin-based maker of postal trucks and military vehicles reported weaker-than-expected quarterly results and lowered its 2022 profit guidance, citing lingering supply chain disruptions and inflation. Also Read| Why global economy is not in recession yet,Apple's profit and revenue fell in its April-June quarter, but the results still beat analysts’ forecasts. The iPhone maker’s shares rose 0.4% but added 3.9% in after-hours trading following the release of its earnings report. Amazon jumped more than 12% in after-hours trading. It reported its second-consecutive quarterly loss but its revenue topped Wall Street’s expectations. The stock closed 1.1% higher during regular trading. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Meanwhile, Spirit Airlines shares rose 5.6% after JetBlue said it agreed to buy the budget airline for $3.8 billion to create the nation’s fifth largest airline. The agreement, which still requires regulator and shareholder approval, comes a day after Spirit’s attempt to merge with Frontier Airlines fell apart. Frontier Airlines vaulted 20.5%. Bond yields were broadly lower. The two-year Treasury yield, which tends to move with expectations for the Fed, fell to 2.87% from 2.98% late Wednesday. The 10-year yield, which influences mortgage rates, fell to 2.68% from 2.74%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Nasdaq,Frontier Airlines,US,the Federal Reserve,The Commerce Department,Americans,The Federal Reserve,U.S.,CME Group,Dow,Microsoft,Target,McDonald's,Meta Platforms","originalPublishedOn":"2022-07-29T09:00:00+05:30"}},{"node":{"id":"bAHmzVSqcP2l","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-11","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-thursday-11-712148/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Thursday","postType":1,"coverMedia":"/opoyi_sjaSy_JNN.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-28T20:50:07+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite was 108.91 points or 0.91% down to 11,923.52\u003c/li\u003e\n \u003cli\u003eFederal Reserve raised its key short-term interest rate by 0.75 percentage points\u003c/li\u003e\n \u003cli\u003eMeta Platforms said its quarterly revenue fell for the first time ever\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659021607801,\\\"strCount\\\":2940,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks fell marginally in early trade on Thursday as investors reacted to news that the \u003ca href=\\\\\\\"https://opoyi.com/business/us-economy-not-in-recession-says-fed-chair-jerome-powell-711451/\\\\\\\"\u003eUS\u003c/a\u003e economy shrank for the second straight quarter, sharply raising concerns that the US economy is already in or is heading towards a \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003erecession\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was down 20.48 points or 0.51% to 4,003.13 as of 10.10 am Eastern time. The Dow Jones Industrial Average fell 141 points or 0.44% to 32,056.59. The technology-heavy Nasdaq Composite was 108.91 points or 0.91% down to 11,923.52.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/mega-millions-jackpot-a-look-at-top-5-lottery-prizes-ever-won-so-far-712048/\\\\\\\"\u003eMega Millions jackpot: A look at top 5 lottery prizes ever won so far\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The US economy contracted from April through June, shrinking at a 0.9% annual rate. On Thursday, the Commerce Department reported a decline in the gross domestic product (GDP), the broadcast gauge of the economy, followed by a 1.6% annual drop from January through March. The consecutive quarter of falling GDP constitutes an informal, though not definitive, an indicator of a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/us-primaries-arizona-gop-candidates-who-will-test-donald-trumps-clout-711750/\\\\\\\"\u003eUS primaries: Arizona GOP candidates who will test Donald Trump's clout\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The GDP report for the last quarter showed weakness across the economy. Consumer spending slowed as Americans bought only necessary goods. Business investments also declined. Inventories fell as business slowed their restocking of shelves, shedding 2 percentage points from GDP.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-is-the-us-fed-reserve-hiking-interest-rates-710352/\\\\\\\"\u003eWhy is the US Fed Reserve hiking interest rates?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-hikes-interest-rate-by-75-basis-points-to-fight-inflation-711312/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e is trying to control inflation without tipping the US economy into a recession. On Wednesday, the central bank raised its key short-term interest rate by 0.75 percentage points. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/social/\\\\\\\"\u003eSocial\u003c/a\u003e media giant Meta Platforms’ shares fell 8% after it said its giant said its revenue fell last quarter for the first time ever, dragged down by a decline in ad spending.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Spirit Airlines shares gained 3%. JetBlue said it agreed to acquire the budget airline for $3.8 billion to create the nation's fifth largest airline. The acquisition is subject to regulatory approvals. The agreement comes a day after shareholders rejected Spirit's proposal to merge with Frontier Airlines.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"GDP","slug":"gdp","id":"sdLvX0aD0qHh","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Meta","slug":"meta","id":"Cb4BlMHMuRsq","isSection":0},{"name":"Recession","slug":"recession","id":"kTF38sWsaB2Q","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-28T20:50:04+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks fell marginally in early trade on Thursday as investors reacted to news that the US economy shrank for the second straight quarter, sharply raising concerns that the US economy is already in or is heading towards a recession. The S\u0026P 500 was down 20.48 points or 0.51% to 4,003.13 as of 10.10 am Eastern time. The Dow Jones Industrial Average fell 141 points or 0.44% to 32,056.59. The technology-heavy Nasdaq Composite was 108.91 points or 0.91% down to 11,923.52. Also Read | Mega Millions jackpot: A look at top 5 lottery prizes ever won so far,The US economy contracted from April through June, shrinking at a 0.9% annual rate. On Thursday, the Commerce Department reported a decline in the gross domestic product (GDP), the broadcast gauge of the economy, followed by a 1.6% annual drop from January through March. The consecutive quarter of falling GDP constitutes an informal, though not definitive, an indicator of a recession. Also Read | US primaries: Arizona GOP candidates who will test Donald Trump's clout,The GDP report for the last quarter showed weakness across the economy. Consumer spending slowed as Americans bought only necessary goods. Business investments also declined. Inventories fell as business slowed their restocking of shelves, shedding 2 percentage points from GDP. Also Read | Why is the US Fed Reserve hiking interest rates?,The Federal Reserve is trying to control inflation without tipping the US economy into a recession. On Wednesday, the central bank raised its key short-term interest rate by 0.75 percentage points. ,Social media giant Meta Platforms’ shares fell 8% after it said its giant said its revenue fell last quarter for the first time ever, dragged down by a decline in ad spending. Also Read | How Paul Volcker tamed inflation with two recessions in 1980s,Spirit Airlines shares gained 3%. JetBlue said it agreed to acquire the budget airline for $3.8 billion to create the nation's fifth largest airline. The acquisition is subject to regulatory approvals. The agreement comes a day after shareholders rejected Spirit's proposal to merge with Frontier Airlines.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,the Commerce Department,Americans,The Federal Reserve,Social,Spirit Airlines,JetBlue,Frontier Airlines","originalPublishedOn":"2022-07-28T20:50:04+05:30"}},{"node":{"id":"Filrni9ovW5w","slug":"english/us-premarket-ford-meta-spirit-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-ford-meta-spirit-and-other-stocks-making-biggest-moves-712065/","title":"US Premarket: Ford, Meta, Spirit and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Ford reported better-than-expected profit and revenue for the second quarter (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-28T19:39:57+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMeta shares fell 4.2% after it reported lower-than-expected \u003cbr\u003e\nquarterly earnings\u003c/li\u003e\n \u003cli\u003eSpirit agreed to be acquired by JetBlue for $33.50 per share in cash\u003c/li\u003e\n \u003cli\u003eStanley Black \u0026amp; Decker shares plunged 12.3% in premarket\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1659017397311,\\\"strCount\\\":4930,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eFord (F)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The automaker’s shares rallied 6.3% in the premarket after beating\\\\nprofit and revenue estimates for the second quarter. \u003ca href=\\\\\\\"https://opoyi.com/topics/ford/\\\\\\\"\u003eFord \u003c/a\u003ereported earnings of\\\\n68 cents per share, much above the consensus estimate of 45 cents a share, as\\\\nthe automaker had more cars to sell with prices remaining high.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/yang-huiyan-asias-richest-woman-loses-half-her-fortune-711821/\\\\\\\"\u003eYang Huiyan, Asia’s richest woman, loses half her fortune\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eMeta Platforms (META)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/meta/\\\\\\\"\u003eMeta \u003c/a\u003eshares fell 4.2% in premarket trading after the social\\\\nmedia giant reported lower-than-expected earnings and revenue for the April-June\\\\nquarter. A pullback in digital advertising led to Meta's first ever revenue\\\\ndecline.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/what-us-housing-market-entering-a-recession-means-711205/\\\\\\\"\u003eWhat US housing market entering a recession means\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSpirit Airlines (SAVE)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Spirit shares added 3.9% in the premarket after it agreed\\\\nto be acquired by JetBlue (JBLU) for $33.50 per share in cash. This comes after\\\\nshareholders rejected Spirit’s previous deal to merge with Frontier Airlines\\\\nparent Frontier Group (ULCC). Frontier shares rose 1.2% while JetBlue stock remained\\\\nflat.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eStanley Black \u0026amp; Decker (SWK)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the tool marker plunged 12.3% in premarket action\\\\nafter it reported disappointing results and fell short of analysts’ estimates\\\\non the top and bottom lines. The company slashed its full-year forecast. The\\\\ncompany said the softening of demand accelerated during the last part of the\\\\nquarter, although it does expect demand to normalize.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eComcast (CMCSA)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock fell 3.7% in premarket trading despite posting\\\\nbetter-than-expected results for the second quarter. The parent company of NBC\\\\nUniversal did not saw any growth in broadband subscribers, which it attributed\\\\nto strong pandemic signups pulling new business from future quarters.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-economy-not-in-recession-says-fed-chair-jerome-powell-711451/\\\\\\\"\u003eUS economy not in recession, says Fed chair Jerome Powell\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSouthwest Airlines (LUV)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The airline stock slipped 6.1% in premarket action despite reporting\\\\nbetter-than-expected profit and revenue for the second quarter. Southwest said\\\\nsaid demand continued to be strong. However, it issued mixed guidance and a\\\\nprediction of continued rising costs.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-hikes-interest-rate-by-75-basis-points-to-fight-inflation-711312/\\\\\\\"\u003eUS Fed hikes interest rate by 75 basis points to fight inflation\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eHarley-Davidson (HOG)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Share of the motorcycle manufacturer surged 5% in premarket\\\\ntrading after it reported better-than-expected second-quarter earnings. The\\\\ncompany retained its earlier full-year guidance despite a two-week production suspension\\\\nduring the quarter due to a supplier issue.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-is-the-us-fed-reserve-hiking-interest-rates-710352/\\\\\\\"\u003eWhy is the US Fed Reserve hiking interest rates?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBest Buy (BBY)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the electronics retailer slid 3.8% in premarket\\\\naction after it slashed it full-year sales and profit outlook. Demand for\\\\nconsumer electronic is softening due to high food and fuel prices, Best Buy\\\\nsaid in a statement.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-sees-stocks-rise-after-new-fed-rate-hike-711438/\\\\\\\"\u003eWall Street sees stocks rise after new Fed rate hike\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eEtsy (ETSY)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The online marketplace operator’s stock advanced 9.1% in premarket\\\\nafter reporting better-than-expected quarterly sales and profit. The strong\\\\nresults came on the back of an increase in ad sales and higher transaction\\\\nfees.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTeladoc Health (TDOC)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the telehealth company slumped 25.3% in premarket\\\\ntrading as it reported a wider than expected quarterly loss due to a $3 billion\\\\nimpairment charge.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-rate-hike-another-unusually-large-increase-could-be-appropriate-says-jerome-powell-711445/\\\\\\\"\u003e‘Another unusually large increase could be appropriate’ says Fed chair Jerome Powell\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSolar stocks\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of solar companies rallied in the premarket after\\\\nDemocratic Sen. Joe Manchin agreed to support a bill that would grant a range\\\\nof clean energy incentives. Sunrun (RUN) jumped 11.2%, Sunnova (NOVA) surged 12.9%,\\\\nFirst Solar (FSLR) rallied 9.9% and SunPower (SPWR) advanced 11.9%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Meta","slug":"meta","id":"Cb4BlMHMuRsq","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Ford","slug":"ford","id":"nF3LTYjiRg6T","isSection":0},{"name":"Spirit","slug":"spirit","id":"A3J5TwdsH6O3","isSection":0},{"name":"SouthwestAirlines","slug":"southwestairlines","id":"OwU44KXcPSZD","isSection":0},{"name":"HarleyDavidson","slug":"harleydavidson","id":"9eBzQddxF0Fb","isSection":0},{"name":"etsy","slug":"etsy","id":"cmaHWQg9cBlt","isSection":0},{"name":"JoeManchin","slug":"joemanchin","id":"NJL8OrfqowPs","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-28T19:39:53+05:30","publisher":0,"sourceFeed":null,"cleanText":"Ford (F),The automaker’s shares rallied 6.3% in the premarket after beating profit and revenue estimates for the second quarter. Ford reported earnings of 68 cents per share, much above the consensus estimate of 45 cents a share, as the automaker had more cars to sell with prices remaining high. Also Read | Yang Huiyan, Asia’s richest woman, loses half her fortune,Meta Platforms (META),Meta shares fell 4.2% in premarket trading after the social media giant reported lower-than-expected earnings and revenue for the April-June quarter. A pullback in digital advertising led to Meta's first ever revenue decline. Also Read | What US housing market entering a recession means,Spirit Airlines (SAVE),Spirit shares added 3.9% in the premarket after it agreed to be acquired by JetBlue (JBLU) for $33.50 per share in cash. This comes after shareholders rejected Spirit’s previous deal to merge with Frontier Airlines parent Frontier Group (ULCC). Frontier shares rose 1.2% while JetBlue stock remained flat. Also Read | US inflation rate at a 40-year high | A timeline: 1930-2022,Stanley Black \u0026 Decker (SWK),Shares of the tool marker plunged 12.3% in premarket action after it reported disappointing results and fell short of analysts’ estimates on the top and bottom lines. The company slashed its full-year forecast. The company said the softening of demand accelerated during the last part of the quarter, although it does expect demand to normalize. Also Read | How Paul Volcker tamed inflation with two recessions in 1980s,Comcast (CMCSA),The stock fell 3.7% in premarket trading despite posting better-than-expected results for the second quarter. The parent company of NBC Universal did not saw any growth in broadband subscribers, which it attributed to strong pandemic signups pulling new business from future quarters. Also Read | US economy not in recession, says Fed chair Jerome Powell,Southwest Airlines (LUV),The airline stock slipped 6.1% in premarket action despite reporting better-than-expected profit and revenue for the second quarter. Southwest said said demand continued to be strong. However, it issued mixed guidance and a prediction of continued rising costs. Also Read | US Fed hikes interest rate by 75 basis points to fight inflation,Harley-Davidson (HOG),Share of the motorcycle manufacturer surged 5% in premarket trading after it reported better-than-expected second-quarter earnings. The company retained its earlier full-year guidance despite a two-week production suspension during the quarter due to a supplier issue. Also Read | Why is the US Fed Reserve hiking interest rates?,Best Buy (BBY),Shares of the electronics retailer slid 3.8% in premarket action after it slashed it full-year sales and profit outlook. Demand for consumer electronic is softening due to high food and fuel prices, Best Buy said in a statement. Also Read | Wall Street sees stocks rise after new Fed rate hike,Etsy (ETSY),The online marketplace operator’s stock advanced 9.1% in premarket after reporting better-than-expected quarterly sales and profit. The strong results came on the back of an increase in ad sales and higher transaction fees. Teladoc Health (TDOC),Shares of the telehealth company slumped 25.3% in premarket trading as it reported a wider than expected quarterly loss due to a $3 billion impairment charge. Also Read | ‘Another unusually large increase could be appropriate’ says Fed chair Jerome Powell,Solar stocks,Shares of solar companies rallied in the premarket after Democratic Sen. Joe Manchin agreed to support a bill that would grant a range of clean energy incentives. Sunrun (RUN) jumped 11.2%, Sunnova (NOVA) surged 12.9%, First Solar (FSLR) rallied 9.9% and SunPower (SPWR) advanced 11.9%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Ford,Meta,Spirit,Meta Platforms,META,Spirit Airlines,SAVE,Frontier Airlines,Frontier Group,Frontier,JetBlue,Stanley Black,Southwest Airlines,Harley-Davidson,Etsy","originalPublishedOn":"2022-07-28T19:39:53+05:30"}},{"node":{"id":"hv0M0rBS8BMu","slug":"english/wall-street-sees-stocks-rise-after-new-fed-rate-hike","slugV2":"business/wall-street-sees-stocks-rise-after-new-fed-rate-hike-711438/","title":"Wall Street sees stocks rise after new Fed rate hike","postType":1,"coverMedia":"/opoyi_bgn_2YJkM.jpg","coverCaption":"Traders working on Wall Street. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-28T00:47:42+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eStocks on Wall Street rose after the Federal Reserve hiked key interest rate\u0026nbsp;\u003c/li\u003e\n \u003cli\u003eThis is the second three-quarters of a point hike in a row\u003c/li\u003e\n \u003cli\u003eIt raises benchmark short-term rates to highest levels since 2018\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658949461553,\\\"strCount\\\":3990,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks on Wall Street are solidly higher in afternoon trading Wednesday after the \u003ca href=\\\\\\\"https://opoyi.com/usa/why-us-federal-reserves-policy-stance-may-be-working-517392/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e raised its key interest rate by a widely expected three-quarters of a point as the central bank ratchets up its campaign to quell \u003ca href=\\\\\\\"https://opoyi.com/business/where-to-invest-during-high-inflation-710394/\\\\\\\"\u003esurging inflation\u003c/a\u003e.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed's move, its second three-quarters of a point hike in row, raises its benchmark short-term rate to the highest level since 2018.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was up 1.5%, little changed from where it was right before the 2 p.m. Eastern release of the \u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-begins-policy-meeting-with-the-goal-of-taming-inflation-710425/\\\\\\\"\u003eFed policy statement\u003c/a\u003e. The benchmark index's latest gains more than make up for its losses from a day earlier. The Dow Jones Industrial Average was up 0.4% and the technology-heavy Nasdaq Composite was up 2.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also gained ground, lifting the Russell 2000 by a percent.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields were mixed. The two-year Treasury yield, which tends to move with expectations for the Fed, rose to 3.08% from 3.06% late Tuesday. The 10-year yield, which influences mortgage rates, fell to 2.77% from 2.79%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street had correctly predicted the size of the hike, which is triple the usual size and the Fed's fourth rate hike this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Such increases make borrowing more expensive, slowing the economy. The hope is that the Fed and other central banks can deftly find the middle ground where the economy slows enough to whip inflation but not enough to cause a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The central bank’s decision comes as inflation has accelerated to 9.1%, the fastest annual pace in 41 years.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The move could mean less pressure on stocks, particularly tech stocks and others seen as relatively expensive.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology and communication services stocks accounted for a big share of the S\u0026amp;P 500′s gains. Nvidia rose 5.4% and Netflix added 4%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks have been choppy this week following solid gains last week that were mainly fueled by better-than-expected reports on corporate profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation remains at the forefront of investors’ minds, however. Markets were spooked Monday after retail giant Walmart warned that its profits are being hurt by rising prices for food and gas, which are forcing shoppers to cut back on more profitable discretionary items such as clothing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The retailer’s profit warning in the middle of the quarter was rare and raised worries about how the highest inflation in 40 years is affecting the entire retail sector.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors kept an eye on the latest batch of corporate earnings reports Wednesday, including strong earnings from Google's owner Alphabet and Microsoft.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares in Microsoft and Google parent Alphabet rose 5.1% and 6.8%, respectively, after their latest quarterly reports. Boeing shares slipped 0.8% despite the aerospace company reporting it delivered more planes in the first quarter than it has since the start of the pandemic.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/business/what-us-housing-market-entering-a-recession-means-711205/\\\\\\\"\u003eWhat US housing market entering a recession means\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailers, restaurant chains and other companies that rely on direct consumer spending also helped lift the market. Chipotle Mexican Grill jumped 12.7% after the restaurant chain reported second-quarter earnings that beat analysts’ forecasts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Spotify Technology vaulted 11.5% after the music streaming service reported monthly active user and premium subscriber numbers that exceeded the Street’s expectations.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors will get quarterly results from Ford Motor Co. as well as Facebook’s parent company Meta Platforms after the closing bell.\\\"}}]}","relatedPosts":null,"location":{"name":"New York, NY, USA"},"createdBy":{"name":"Shuvrajit Das Biswas","photo":"https://opoyi.com/images/opoyi_qZHZQaZRe.jpg?tr=w-600,q-70,dpr","username":"shuvrajit","id":"rq7gYqKJkLkE","role":null},"topics":[{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"StockExchange","slug":"stockexchange","id":"OH9GDHEEbwFC","isSection":0},{"name":"Stock","slug":"stock","id":"uZuvdp8bQRRG","isSection":0},{"name":"MonetaryPolicy","slug":"monetarypolicy","id":"mzgUA7dig5kk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Finance","slug":"finance","id":"vdfCkTLQAVNK","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-28T00:47:39+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks on Wall Street are solidly higher in afternoon trading Wednesday after the Federal Reserve raised its key interest rate by a widely expected three-quarters of a point as the central bank ratchets up its campaign to quell surging inflation. The Fed's move, its second three-quarters of a point hike in row, raises its benchmark short-term rate to the highest level since 2018. The S\u0026P 500 was up 1.5%, little changed from where it was right before the 2 p.m. Eastern release of the Fed policy statement. The benchmark index's latest gains more than make up for its losses from a day earlier. The Dow Jones Industrial Average was up 0.4% and the technology-heavy Nasdaq Composite was up 2.6%. Smaller company stocks also gained ground, lifting the Russell 2000 by a percent. Bond yields were mixed. The two-year Treasury yield, which tends to move with expectations for the Fed, rose to 3.08% from 3.06% late Tuesday. The 10-year yield, which influences mortgage rates, fell to 2.77% from 2.79%. Wall Street had correctly predicted the size of the hike, which is triple the usual size and the Fed's fourth rate hike this year. Such increases make borrowing more expensive, slowing the economy. The hope is that the Fed and other central banks can deftly find the middle ground where the economy slows enough to whip inflation but not enough to cause a recession. Also Read | The 2008 market crash: Inside the doomsday machine and a brief history,The central bank’s decision comes as inflation has accelerated to 9.1%, the fastest annual pace in 41 years. The move could mean less pressure on stocks, particularly tech stocks and others seen as relatively expensive. Technology and communication services stocks accounted for a big share of the S\u0026P 500′s gains. Nvidia rose 5.4% and Netflix added 4%. Stocks have been choppy this week following solid gains last week that were mainly fueled by better-than-expected reports on corporate profits. Inflation remains at the forefront of investors’ minds, however. Markets were spooked Monday after retail giant Walmart warned that its profits are being hurt by rising prices for food and gas, which are forcing shoppers to cut back on more profitable discretionary items such as clothing. The retailer’s profit warning in the middle of the quarter was rare and raised worries about how the highest inflation in 40 years is affecting the entire retail sector. Investors kept an eye on the latest batch of corporate earnings reports Wednesday, including strong earnings from Google's owner Alphabet and Microsoft. Shares in Microsoft and Google parent Alphabet rose 5.1% and 6.8%, respectively, after their latest quarterly reports. Boeing shares slipped 0.8% despite the aerospace company reporting it delivered more planes in the first quarter than it has since the start of the pandemic. Also Read | What US housing market entering a recession means,Retailers, restaurant chains and other companies that rely on direct consumer spending also helped lift the market. Chipotle Mexican Grill jumped 12.7% after the restaurant chain reported second-quarter earnings that beat analysts’ forecasts. Spotify Technology vaulted 11.5% after the music streaming service reported monthly active user and premium subscriber numbers that exceeded the Street’s expectations. Investors will get quarterly results from Ford Motor Co. as well as Facebook’s parent company Meta Platforms after the closing bell.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"40.7128","longitude":"-74.006","name":"New York, NY, USA","city":"New York City"},"keywords":"Fed,Google,Alphabet,Microsoft,the Federal Reserve,The S 500,Treasury,Netflix,Boeing,Chipotle Mexican Grill,Spotify Technology,Ford Motor Co.,Meta Platforms","originalPublishedOn":"2022-07-28T00:47:39+05:30"}},{"node":{"id":"Te0nKSeWJvwG","slug":"english/us-fed-rate-hike-bank-stocks-rise-following-announcement","slugV2":"business/us-fed-rate-hike-bank-stocks-rise-following-announcement-711431/","title":"US Fed rate hike: Bank stocks rise following announcement","postType":1,"coverMedia":"/opoyi_x67aYkM31.jpg","coverCaption":"Stocks are on the way to ending July on a positive note (Photo credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-28T01:46:43+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe Fed hiked interest rates by 0.75 percentage points on Wednesday\u003c/li\u003e\n \u003cli\u003eAll six major US banks were trading higher with Citigroup up approximately 0.8%\u003c/li\u003e\n \u003cli\u003eHigher interest rates are expected to benefit banks by making lending more profitable\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658953004659,\\\"strCount\\\":2864,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-hikes-interest-rate-by-75-basis-points-to-fight-inflation-711312/\\\\\\\"\u003eFed hiked interest rates\u003c/a\u003e by 0.75 percentage points on Wednesday, as expected, and stated in a statement that more rises are inevitable. In reaction, bank stocks rallied: all six major \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e banks were trading higher on Wednesday, with Citigroup up approximately 0.8%. None, though, surged as much as the S\u0026amp;P 500, which gained nearly 2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-rate-hike-another-unusually-large-increase-could-be-appropriate-says-jerome-powell-711445/\\\\\\\"\u003e‘Another unusually large increase could be appropriate’ says Fed chair Jerome Powell\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shareholders may be delighted with even tiny returns. Higher interest rates are expected to benefit banks by making lending more profitable, but this year's trade results do not support the premise. Fears about an impending recession have caused the KBW Nasdaq Bank Index to fall almost 20% in 2022.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-sees-stocks-rise-after-new-fed-rate-hike-711438/\\\\\\\"\u003eWall Street sees stocks rise after new Fed rate hike\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Indexes in the United States rose as a result of positive earnings reports. The S\u0026amp;P 500 was up nearly 2% while the tech-heavy Nasdaq Composite was up 3.47% and Dow Jones Industrial Average was up 1.19%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/stocks-surge-as-us-fed-hikes-interest-rate-by-75-basis-points-711422/\\\\\\\"\u003eStocks surge as US Fed hikes interest rate by 75 basis points\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"They were at 1.5%, 2.6%, and 0.4%, respectively, shortly after the announcement.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year Treasury yield, which was at 2.765%\u0026nbsp; prior to the announcement, was at the same level.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/fed-raises-benchmark-interest-rate-to-fight-high-inflation-711395/\\\\\\\"\u003eFed raises benchmark interest rate to fight high inflation\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks are on the way to ending July on a positive note. However, many investors don’t expect the gains to be long-lasting. Investors have been highly concerned that the Fed could lead the \u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-fed-rate-on-us-stocks-and-bond-markets-710558/\\\\\\\"\u003eUS economy\u003c/a\u003e into a \u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003erecession \u003c/a\u003ethrough tighter policy. Second-quarter gross domestic product (GDP) data on Thursday will provide insights into the economy’s recent performance.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-is-the-us-fed-reserve-hiking-interest-rates-710352/\\\\\\\"\u003eWhy is the US Fed Reserve hiking interest rates?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors are also watching earnings reports this week, the busiest week of the earnings season, for hints about how companies are surviving decades-high inflation.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"Bank","slug":"bank","id":"3qqcXJ1ffKSS","isSection":0},{"name":"MonetaryPolicy","slug":"monetarypolicy","id":"mzgUA7dig5kk","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Recession","slug":"recession","id":"kTF38sWsaB2Q","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"InterestRates","slug":"interestrates","id":"tek0lVji3xxB","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-28T00:31:07+05:30","publisher":0,"sourceFeed":null,"cleanText":"The Fed hiked interest rates by 0.75 percentage points on Wednesday, as expected, and stated in a statement that more rises are inevitable. In reaction, bank stocks rallied: all six major US banks were trading higher on Wednesday, with Citigroup up approximately 0.8%. None, though, surged as much as the S\u0026P 500, which gained nearly 2%. Also Read | ‘Another unusually large increase could be appropriate’ says Fed chair Jerome Powell,Shareholders may be delighted with even tiny returns. Higher interest rates are expected to benefit banks by making lending more profitable, but this year's trade results do not support the premise. Fears about an impending recession have caused the KBW Nasdaq Bank Index to fall almost 20% in 2022. Also Read | Wall Street sees stocks rise after new Fed rate hike,Indexes in the United States rose as a result of positive earnings reports. The S\u0026P 500 was up nearly 2% while the tech-heavy Nasdaq Composite was up 3.47% and Dow Jones Industrial Average was up 1.19%. Also Read | Stocks surge as US Fed hikes interest rate by 75 basis points,They were at 1.5%, 2.6%, and 0.4%, respectively, shortly after the announcement. The 10-year Treasury yield, which was at 2.765% prior to the announcement, was at the same level. Also Read | Fed raises benchmark interest rate to fight high inflation,Stocks are on the way to ending July on a positive note. However, many investors don’t expect the gains to be long-lasting. Investors have been highly concerned that the Fed could lead the US economy into a recession through tighter policy. Second-quarter gross domestic product (GDP) data on Thursday will provide insights into the economy’s recent performance. ,Also Read | Why is the US Fed Reserve hiking interest rates?,Investors are also watching earnings reports this week, the busiest week of the earnings season, for hints about how companies are surviving decades-high inflation.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,US,Citigroup,the S 500,KBW Nasdaq Bank,the United States,Treasury,Bank stocks, Share market, stock market, US stock market, Nasdaq,Jerome Powell Shareholders,Dow Jones Industrial Average,US Fed,the US Fed Reserve","originalPublishedOn":"2022-07-28T00:31:07+05:30"}},{"node":{"id":"wyE5ZRohf1YD","slug":"english/alphabet-microsoft-boost-us-stocks-as-market-waits-on-fed","slugV2":"business/alphabet-microsoft-boost-us-stocks-as-market-waits-on-fed-711279/","title":"Alphabet, Microsoft boost US stocks as market waits on Fed","postType":1,"coverMedia":"/opoyi_xmIfZT64s.jpg","coverCaption":"nflation has been at the forefront of investors' minds this year. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-27T21:31:50+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eFederal Reserve will likely raise interest rates at the end of its two-day meeting\u003c/li\u003e\n \u003cli\u003eThe S\u0026amp;P 500 index was up 1.3% as of 10:15 a.m. Eastern.\u003c/li\u003e\n \u003cli\u003eThe Fed is expected to announce an increase of up to three-quarters of a percentage point\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658937709890,\\\"strCount\\\":2608,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks are solidly higher early Wednesday after strong earnings from the likes of Google's owner Alphabet, \u003ca href=\\\\\\\"https://opoyi.com/topics/boeing/\\\\\\\"\u003eBoeing\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e lifted investors' mood. \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e is also waiting to hear from the \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e, which will likely raise interest rates at the end of its two-day meeting.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 index was up 1.3% as of 10:15 a.m. Eastern. The Dow Jones Industrial Average was up 0.4% and the technology-heavy Nasdaq Composite was up 2.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rupee-slips-to-7991-against-dollar-ahead-of-us-fed-announcement-711266/\\\\\\\"\u003eRupee slips to 79.91 against dollar ahead of US Fed announcement\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Boeing shares rose 3% after the aerospace company delivered more planes in the first quarter than it has since the start of the pandemic. Shares of technology heavyweights Microsoft and \u003ca href=\\\\\\\"https://opoyi.com/topics/google/\\\\\\\"\u003eGoogle\u003c/a\u003e parent Alphabet were both up more than 4% after their latest quarterly reports\u003cb\u003e.\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors will get quarterly results from Ford Motor Co. as well as Facebook's parent company Meta Platforms after the closing bell.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/us-president-joe-biden-tests-negative-for-covid-ends-strict-isolation-711260/\\\\\\\"\u003eUS President Joe Biden tests negative for COVID, ends 'strict isolation'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed on Wednesday is expected to announce an increase of up to three-quarters of a percentage point in its benchmark interest rate, triple the usual size. Investors worry such aggressive action by the Fed and other central banks in \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e to control soaring inflation might derail global economic growth.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-10-711236/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Wednesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation has been at the forefront of investors' minds this year. Markets were spooked Monday after retail giant Walmart warned that its profits are being hurt by rising prices for food and gas, which are forcing shoppers to cut back on more profitable discretionary items such as clothing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The retailer’s profit warning in the middle of the quarter is rare and raised worries about how the highest inflation in 40 years is affecting the entire retail sector.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Boeing","slug":"boeing","id":"8ruRYCUT75q1","isSection":0},{"name":"Google","slug":"google","id":"Cqu95TUqjxLY","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Facebook","slug":"facebook","id":"HLE8qquNLINg","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-27T21:31:47+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks are solidly higher early Wednesday after strong earnings from the likes of Google's owner Alphabet, Boeing and Microsoft lifted investors' mood. Wall Street is also waiting to hear from the Federal Reserve, which will likely raise interest rates at the end of its two-day meeting. The S\u0026P 500 index was up 1.3% as of 10:15 a.m. Eastern. The Dow Jones Industrial Average was up 0.4% and the technology-heavy Nasdaq Composite was up 2.5%. Also Read| Rupee slips to 79.91 against dollar ahead of US Fed announcement,Boeing shares rose 3% after the aerospace company delivered more planes in the first quarter than it has since the start of the pandemic. Shares of technology heavyweights Microsoft and Google parent Alphabet were both up more than 4% after their latest quarterly reports. Investors will get quarterly results from Ford Motor Co. as well as Facebook's parent company Meta Platforms after the closing bell. Also Read| US President Joe Biden tests negative for COVID, ends 'strict isolation',The Fed on Wednesday is expected to announce an increase of up to three-quarters of a percentage point in its benchmark interest rate, triple the usual size. Investors worry such aggressive action by the Fed and other central banks in Europe and Asia to control soaring inflation might derail global economic growth. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Wednesday,Inflation has been at the forefront of investors' minds this year. Markets were spooked Monday after retail giant Walmart warned that its profits are being hurt by rising prices for food and gas, which are forcing shoppers to cut back on more profitable discretionary items such as clothing. The retailer’s profit warning in the middle of the quarter is rare and raised worries about how the highest inflation in 40 years is affecting the entire retail sector.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Boeing,Fed,Google,Microsoft,the Federal Reserve,Eastern,Ford Motor Co.,Facebook,Meta Platforms,Europe,Asia","originalPublishedOn":"2022-07-27T21:31:47+05:30"}},{"node":{"id":"KcuOBQKPQriA","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-10","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-10-711236/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_JysYrR0ah.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-27T20:42:40+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite was up 252.54 points or 2.18% to 11,815.11\u003c/li\u003e\n \u003cli\u003eShares of Microsoft and Alphabet both surged over 4%\u003c/li\u003e\n \u003cli\u003eThe Fed is likely to announce an rate hike of up 0.75 percentage points\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658934759734,\\\"strCount\\\":3115,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-fed-rate-on-us-stocks-and-bond-markets-710558/\\\\\\\"\u003eStocks \u003c/a\u003esurged significantly during early trade Wednesday after strong earnings from the big companies like Google’s parent Alphabet, Microsoft and Boeing lifted investors' sentiment. Wall Street is watching for the announcement from the Federal Reserve, which is expected to \u003ca href=\\\\\\\"https://opoyi.com/business/why-is-the-us-fed-reserve-hiking-interest-rates-710352/\\\\\\\"\u003eraise interest rates\u003c/a\u003e at the end of its two-day meeting.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/is-it-better-to-invest-in-real-estate-during-surging-inflation-711166/\\\\\\\"\u003eIs it better to invest in real estate during surging inflation?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 index was up 43.36 points or 1.11% to 3,964.41 as of 10:06 a.m. Eastern Time. The Dow Jones Industrial Average was up 107.44 points or 0.34% to 31,868.98. The technology-heavy Nasdaq Composite was up 252.54 points or 2.18% to 11,815.11.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Boeing shares jumped 3% after the aerospace company delivered more planes in the first quarter than it has since the start of the Covid-19 pandemic. Shares of technology heavyweights Microsoft and Alphabet both surged over 4% after their latest quarterly reports.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-paul-volcker-tamed-inflation-with-two-recessions-in-1980s-711126/\\\\\\\"\u003eHow Paul Volcker tamed inflation with two recessions in 1980s\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Facebook’s parent company and Ford Motor Co. will announce their results after the closing bell.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wednesday, the Federal Reserve is expected to announce an increase of up 0.75 percentage points in its benchmark interest rate, three times the usual size. \u003ca href=\\\\\\\"https://opoyi.com/business/how-the-us-fed-rate-hike-will-impact-you-710596/\\\\\\\"\u003eInvestors \u003c/a\u003eare concerned that such aggressive action by the Fed and other central banks in \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e to control \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003erising inflation\u003c/a\u003e\u0026nbsp;might derail global economic growth and lead to a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/roshni-nadar-to-radha-nadar-5-richest-women-in-india-as-of-2022-711013/\\\\\\\"\u003eRoshni Nadar to Radha Vembu: 5 richest women in India as of 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation has been the focus of investors’ minds this year. Markets were shocked Monday after retail giant \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-worried-after-bad-news-from-walmart-710598/\\\\\\\"\u003eWalmart \u003c/a\u003ewarned that its profits are being hurt by soaring prices for food and gas, which are forcing shoppers to cut back on more profitable discretionary items such as clothing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The retailer’s profit warning in the middle of the quarter is rare and raised concerns about how the highest inflation in 40 years is affecting the entire retail sector.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0},{"name":"Meta","slug":"meta","id":"Cb4BlMHMuRsq","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Alphabet","slug":"alphabet","id":"MhunUePZtjNr","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Boeing","slug":"boeing","id":"8ruRYCUT75q1","isSection":0},{"name":"Google","slug":"google","id":"Cqu95TUqjxLY","isSection":0},{"name":"Facebook","slug":"facebook","id":"HLE8qquNLINg","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-27T20:42:35+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks surged significantly during early trade Wednesday after strong earnings from the big companies like Google’s parent Alphabet, Microsoft and Boeing lifted investors' sentiment. Wall Street is watching for the announcement from the Federal Reserve, which is expected to raise interest rates at the end of its two-day meeting. Also Read | Is it better to invest in real estate during surging inflation?,The S\u0026P 500 index was up 43.36 points or 1.11% to 3,964.41 as of 10:06 a.m. Eastern Time. The Dow Jones Industrial Average was up 107.44 points or 0.34% to 31,868.98. The technology-heavy Nasdaq Composite was up 252.54 points or 2.18% to 11,815.11. Boeing shares jumped 3% after the aerospace company delivered more planes in the first quarter than it has since the start of the Covid-19 pandemic. Shares of technology heavyweights Microsoft and Alphabet both surged over 4% after their latest quarterly reports. Also Read | How Paul Volcker tamed inflation with two recessions in 1980s,Facebook’s parent company and Ford Motor Co. will announce their results after the closing bell. On Wednesday, the Federal Reserve is expected to announce an increase of up 0.75 percentage points in its benchmark interest rate, three times the usual size. Investors are concerned that such aggressive action by the Fed and other central banks in Europe and Asia to control rising inflation might derail global economic growth and lead to a recession. Also Read | Roshni Nadar to Radha Vembu: 5 richest women in India as of 2022,Inflation has been the focus of investors’ minds this year. Markets were shocked Monday after retail giant Walmart warned that its profits are being hurt by soaring prices for food and gas, which are forcing shoppers to cut back on more profitable discretionary items such as clothing. Also Read | Great Depression to COVID: Top 5 market crashes in American history,The retailer’s profit warning in the middle of the quarter is rare and raised concerns about how the highest inflation in 40 years is affecting the entire retail sector.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Alphabet,Microsoft,Boeing,the Federal Reserve,Google,Facebook,Ford Motor Co.,Fed,Europe,Asia","originalPublishedOn":"2022-07-27T20:42:35+05:30"}},{"node":{"id":"bFjDD5mcT1WJ","slug":"english/impact-of-fed-rate-on-us-stocks-and-bond-markets","slugV2":"business/impact-of-fed-rate-on-us-stocks-and-bond-markets-710558/","title":"Impact of Fed rates on US stocks and bond markets","postType":1,"coverMedia":"/opoyi_hQ4MV2MGy.jpg","coverCaption":"The Federal Reserve sets the target interest rates at which banks borrow and lend money to one another (Photo Credit: Representational/Pixabay)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-27T19:53:51+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eChanges in interest rates can have both positive and negative impact on the markets\u003c/li\u003e\n \u003cli\u003eCentral banks often change their target rates in response to overall economic activity\u003c/li\u003e\n \u003cli\u003eThere is an inverse relationship between bond prices and interest rates\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658931831834,\\\"strCount\\\":5272,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-begins-policy-meeting-with-the-goal-of-taming-inflation-710425/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e sets the target interest rates at which banks borrow and lend money to one another, known as the \u003ca href=\\\\\\\"https://opoyi.com/business/how-does-a-federal-fund-rate-hike-work-710618/\\\\\\\"\u003efederal funds rates\u003c/a\u003e and this has a ripple effect across the overall \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-hit-91-in-june-highest-in-40-years-700349/\\\\\\\"\u003eeconomy\u003c/a\u003e. While it usually takes at least 12 months for a change in this interest rate to show a widespread economic impact, the stock market’s reaction to a change is often more immediate.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-meeting-when-and-where-to-watch-the-fomc-press-conference-710515/\\\\\\\"\u003eUS Fed meeting: When and where to watch the FOMC press conference\u003c/a\u003e\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/business/why-is-the-us-fed-reserve-hiking-interest-rates-710352/\\\\\\\"\u003eChanges in interest rates\u003c/a\u003e can have both positive and negative impact on the markets. Central banks often change their target rates in response to overall economic activity. When the economy is overly strong the interest rates are raised and when the economy is sluggish, interest rates are lowered.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/biden-fights-talk-of-recession-as-key-economic-report-looms-710509/\\\\\\\"\u003eBiden fights talk of recession as key economic report looms\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Understanding the relationship between interest rates and the stock market can help investors understand how changes may impact their investments. Here’s how interest rates can have an impact on the stock and bond markets:\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/the-2008-market-crash-inside-the-doomsday-machine-and-a-brief-history-710488/\\\\\\\"\u003eThe 2008 market crash: Inside the doomsday machine and a brief history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eImpact on stocks\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"When interest rates increase, it also makes it more expensive for companies to raise capital. They will have to higher interest rates on the bonds they issue, for example. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Making it more expensive to raise capital could hinder future growth prospects as well as short-term earnings. The result could be a revision downward in profit forecasts going forward as rates increase. If the company is seen as cutting back on its growth or is less profitable, either due to higher debt expenses or less revenue, the estimated amount of future cash flows will decline. All else being equal, this will lead to a decrease in the price of the company’s stock.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-economy-sending-mixed-signals-heres-what-it-all-means-710478/\\\\\\\"\u003eUS economy sending mixed signals: Here's what it all means\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"If the companies witness falls in their stock price, the overall market, or the benchmark indexes many people equate with the market – the S\u0026amp;P 500, the Nasdaq, the Dow Jones Industrial Average, etc – will go down. With lowered expectations on the growth and future cash flows of a company, investors will not get as much growth from a rise in stock prices. This can make stock ownership less lucrative. Moreover, investing in equities can be seen as much riskier when compared to other investments.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/where-to-invest-during-high-inflation-710394/\\\\\\\"\u003eWhere to invest during high inflation?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, the one sector that tends to benefit the most from interest rate hikes in the financial industry. Banks, brokerages, mortgage companies, and insurance companies’ earnings often increase – as interest rates move higher because they can charge more for lending rates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/grim-news-from-walmart-sends-us-markets-tumbling-710336/\\\\\\\"\u003eGrim news from Walmart sends US markets tumbling\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eImpact on bonds\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Interest rates also affect bond prices. There is an inverse relationship between bond prices and interest rates, which means that as interest rates rise, bond prices fall and as interest rates fall, bond prices rise.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Governments and businesses raise money through the sale of bonds. As interest rates increase, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/what-is-america-first-agenda-summit-710512/\\\\\\\"\u003eWhat is America First Agenda Summit?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As interest rates decline it becomes cheaper to borrow money, and many companies will issue new bonds to finance expansion. This will lead to a rise in demand for higher-yielding bonds, forcing bond prices higher. Issuers of callable bonds may opt to refinance by calling their existing bonds so they can lock in a lower interest rate.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/why-global-economy-is-not-in-recession-yet-709207/\\\\\\\"\u003eWhy global economy is not in recession yet\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"For income-oriented investors, a decline in the federal funds rate means a decreased opportunity to make money from interest. Newly-issued treasuries and annuities won’t pay as much. A decline in interest rates will encourage investors to shift from the bond market to the equity market. The inflow of new capital instead can cause the equity markets to rise.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Recession","slug":"recession","id":"kTF38sWsaB2Q","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"MonetaryPolicy","slug":"monetarypolicy","id":"mzgUA7dig5kk","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"InterestRates","slug":"interestrates","id":"tek0lVji3xxB","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"Economy","slug":"economy","id":"5VhOB45vqxj9","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-27T11:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The Federal Reserve sets the target interest rates at which banks borrow and lend money to one another, known as the federal funds rates and this has a ripple effect across the overall economy. While it usually takes at least 12 months for a change in this interest rate to show a widespread economic impact, the stock market’s reaction to a change is often more immediate. Also Read | US Fed meeting: When and where to watch the FOMC press conference ,Changes in interest rates can have both positive and negative impact on the markets. Central banks often change their target rates in response to overall economic activity. When the economy is overly strong the interest rates are raised and when the economy is sluggish, interest rates are lowered. Also Read | Biden fights talk of recession as key economic report looms,Understanding the relationship between interest rates and the stock market can help investors understand how changes may impact their investments. Here’s how interest rates can have an impact on the stock and bond markets:,Also Read | The 2008 market crash: Inside the doomsday machine and a brief history,Impact on stocks,When interest rates increase, it also makes it more expensive for companies to raise capital. They will have to higher interest rates on the bonds they issue, for example. ,Making it more expensive to raise capital could hinder future growth prospects as well as short-term earnings. The result could be a revision downward in profit forecasts going forward as rates increase. If the company is seen as cutting back on its growth or is less profitable, either due to higher debt expenses or less revenue, the estimated amount of future cash flows will decline. All else being equal, this will lead to a decrease in the price of the company’s stock. Also Read | US economy sending mixed signals: Here's what it all means,If the companies witness falls in their stock price, the overall market, or the benchmark indexes many people equate with the market – the S\u0026P 500, the Nasdaq, the Dow Jones Industrial Average, etc – will go down. With lowered expectations on the growth and future cash flows of a company, investors will not get as much growth from a rise in stock prices. This can make stock ownership less lucrative. Moreover, investing in equities can be seen as much riskier when compared to other investments. Also Read | Where to invest during high inflation?,However, the one sector that tends to benefit the most from interest rate hikes in the financial industry. Banks, brokerages, mortgage companies, and insurance companies’ earnings often increase – as interest rates move higher because they can charge more for lending rates. Also Read | Grim news from Walmart sends US markets tumbling,Impact on bonds,Interest rates also affect bond prices. There is an inverse relationship between bond prices and interest rates, which means that as interest rates rise, bond prices fall and as interest rates fall, bond prices rise. Governments and businesses raise money through the sale of bonds. As interest rates increase, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop. Also Read | What is America First Agenda Summit?,As interest rates decline it becomes cheaper to borrow money, and many companies will issue new bonds to finance expansion. This will lead to a rise in demand for higher-yielding bonds, forcing bond prices higher. Issuers of callable bonds may opt to refinance by calling their existing bonds so they can lock in a lower interest rate. Also Read | Why global economy is not in recession yet,For income-oriented investors, a decline in the federal funds rate means a decreased opportunity to make money from interest. Newly-issued treasuries and annuities won’t pay as much. A decline in interest rates will encourage investors to shift from the bond market to the equity market. The inflow of new capital instead can cause the equity markets to rise.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"The Federal Reserve,Nasdaq,US","originalPublishedOn":"2022-07-27T11:20:00+05:30"}},{"node":{"id":"ItIUHT1SBJ4d","slug":"english/wall-street-worried-after-bad-news-from-walmart","slugV2":"business/wall-street-worried-after-bad-news-from-walmart-710598/","title":"Wall Street worried after bad news from Walmart","postType":1,"coverMedia":"/opoyi_Utwt4c0BU.jpg","coverCaption":"The New York Stock Exchange. (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-27T03:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eWalmart warned inflation hurting concumers' spending power\u0026nbsp;\u003c/li\u003e\n \u003cli\u003eBig retailers and tech companies led stocks lower on Wall Street after this news\u0026nbsp;\u003c/li\u003e\n \u003cli\u003eExperts expect Federal Bank to announce sharp rate hike to fight surging inflation\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658871624201,\\\"strCount\\\":5076,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Big retailers and technology companies led stocks lower on \u003ca href=\\\\\\\"https://opoyi.com/business/wall-street-enters-bear-market-what-does-it-mean-for-investors-141766/\\\\\\\"\u003eWall Street\u003c/a\u003e Tuesday after \u003ca href=\\\\\\\"https://opoyi.com/business/grim-news-from-walmart-sends-us-markets-tumbling-710336/\\\\\\\"\u003eWalmart\u003c/a\u003e warned that inflation is hurting American consumers' spending power.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The sell-off comes ahead of the Federal Reserve's latest interest rate policy statement on Wednesday, when economists expect the central bank to announce another sharp rate hike as it ratchets up its fight against surging inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 1.2%, wiping out nearly half of the benchmark index's gains from last week. The Dow Jones Industrial Average dropped 0.7% and the tech-heavy Nasdaq Composite closed 1.9% lower.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Walmart slumped 7.6% after the retail giant cut its profit outlook for the second quarter and the full year late Tuesday, saying that rising prices for food and gas are forcing shoppers to cut back on more profitable discretionary items, particularly clothing.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The retailer's profit warning in the middle of the quarter is rare and raised worries about how the highest inflation in 40 years is affecting the entire retail sector.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks of other major chains also fell. Target dropped 3.6%, Macy’s slid 7.2% and Kohl’s fell 9.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/business/us-economy-sending-mixed-signals-heres-what-it-all-means-710478/\\\\\\\"\u003eUS economy sending mixed signals: Here's what it all means\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors have remained deeply concerned about inflation’s impact on company profits and how it will affect U.S. consumers. While Americans’ finances are relatively strong thanks to savings built up during the pandemic, those nest eggs are being spent on high gas and food prices.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“The client base of Walmart is obviously in probably the lower quarter or maybe lower third of the income brackets,” said Randy Frederick, managing director of trading \u0026amp; derivatives at Charles Schwab. \\\\\\\"Those aren’t people that drive most of the discretionary spending anyway, but they are people who are most vulnerable to the inflation pressures.”\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stock indexes were in the red from the get-go Tuesday as traders reacted to Walmart’s announcement.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 45.79 points to 3,921.05. The Dow lost 228.50 points to end at 31,761.54. The Nasdaq fell 220.09 points to 11,562.57.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The major indexes are coming off solid gains last week fueled by mostly better-than-expected reports on corporate profits. Falling yields in the bond market also helped, easing the pressure on stocks after expectations for rate hikes by the Federal Reserve propelled yields higher much of this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAlso Read |\u0026nbsp;\u003c/b\u003e\u003ca href=\\\\\\\"https://opoyi.com/business/us-fed-meeting-when-and-where-to-watch-the-fomc-press-conference-710515/\\\\\\\"\u003eUS Fed meeting: When and where to watch the FOMC press conference\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The central bank is expected to announce a rate hike of up to three-quarters of a percentage point on Wednesday, triple the usual amount. The central bank is waging an aggressive campaign to stem four-decade high inflation. The expected hike would put the Fed’s benchmark rate in a range of 2.25% to 2.5%, the highest since 2018.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields were mixed Tuesday. The two-year Treasury yield, which tends to move with expectations for the Fed, rose to 3.04% from 3.02% late Monday. The 10-year yield, which influences mortgage rates, fell to 2.80% from 2.82%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks, retailers and communication companies were among the biggest drags on the benchmark S\u0026amp;P 500 index. Microsoft fell 2.7%, Amazon slid 5.2% and Facebook owner Meta Platforms dropped 4.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The losses easily outweighed gains by health care and utilities stocks. Small company stocks also fell. The Russell 2000 gave up 12.53 points, or 0.7%, to end at 1,805.25.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors eyed the latest batch of corporate earnings reports Tuesday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of automaker General Motors fell 3.4% after the company said its second-quarter profit fell 40% from a year ago, as computer chip and parts shortages hobbled factory output and drove the company’s U.S. sales down more than 15%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Detroit automaker earned $1.67 billion from April through June, well below the $2.79 billion it made a year earlier. GM couldn’t deliver 95,000 vehicles during the quarter because it lacked parts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shopify slumped 14.1% after the Canadian e-commerce company said it is cutting 10% of its staff, or about 1,000 employees, as it reckons with an unexpected sales downturn after pandemic-fueled growth.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology bellwethers \u003ca href=\\\\\\\"https://opoyi.com/world/meta-warns-that-metaverse-can-pose-an-existential-threat-to-facebook-429583/\\\\\\\"\u003eMeta\u003c/a\u003e, Apple and Amazon report quarterly results later in the week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"“By the end of this week we’ll have a lot of big tech earnings and we’ll have a better feel for how that whole sector is going to go,” Frederick said. \\\\\\\"People are maybe hedging a little bit ahead of that big onslaught of tech earnings that we’re going to get this week, plus obviously, there’s concern about the Fed tomorrow.”\\\"}}]}","relatedPosts":null,"location":{"name":"New York, NY, USA"},"createdBy":{"name":"Shuvrajit Das Biswas","photo":"https://opoyi.com/images/opoyi_qZHZQaZRe.jpg?tr=w-600,q-70,dpr","username":"shuvrajit","id":"rq7gYqKJkLkE","role":null},"topics":[{"name":"Stock","slug":"stock","id":"uZuvdp8bQRRG","isSection":0},{"name":"StockExchange","slug":"stockexchange","id":"OH9GDHEEbwFC","isSection":0},{"name":"NYSE","slug":"nyse","id":"w9OeqFKL7oMC","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-27T03:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Big retailers and technology companies led stocks lower on Wall Street Tuesday after Walmart warned that inflation is hurting American consumers' spending power. The sell-off comes ahead of the Federal Reserve's latest interest rate policy statement on Wednesday, when economists expect the central bank to announce another sharp rate hike as it ratchets up its fight against surging inflation. The S\u0026P 500 fell 1.2%, wiping out nearly half of the benchmark index's gains from last week. The Dow Jones Industrial Average dropped 0.7% and the tech-heavy Nasdaq Composite closed 1.9% lower. Walmart slumped 7.6% after the retail giant cut its profit outlook for the second quarter and the full year late Tuesday, saying that rising prices for food and gas are forcing shoppers to cut back on more profitable discretionary items, particularly clothing. The retailer's profit warning in the middle of the quarter is rare and raised worries about how the highest inflation in 40 years is affecting the entire retail sector. Stocks of other major chains also fell. Target dropped 3.6%, Macy’s slid 7.2% and Kohl’s fell 9.1%. Also Read | US economy sending mixed signals: Here's what it all means,Investors have remained deeply concerned about inflation’s impact on company profits and how it will affect U.S. consumers. While Americans’ finances are relatively strong thanks to savings built up during the pandemic, those nest eggs are being spent on high gas and food prices. “The client base of Walmart is obviously in probably the lower quarter or maybe lower third of the income brackets,” said Randy Frederick, managing director of trading \u0026 derivatives at Charles Schwab. Those aren’t people that drive most of the discretionary spending anyway, but they are people who are most vulnerable to the inflation pressures.”,Stock indexes were in the red from the get-go Tuesday as traders reacted to Walmart’s announcement. The S\u0026P 500 fell 45.79 points to 3,921.05. The Dow lost 228.50 points to end at 31,761.54. The Nasdaq fell 220.09 points to 11,562.57. The major indexes are coming off solid gains last week fueled by mostly better-than-expected reports on corporate profits. Falling yields in the bond market also helped, easing the pressure on stocks after expectations for rate hikes by the Federal Reserve propelled yields higher much of this year. Also Read | US Fed meeting: When and where to watch the FOMC press conference,The central bank is expected to announce a rate hike of up to three-quarters of a percentage point on Wednesday, triple the usual amount. The central bank is waging an aggressive campaign to stem four-decade high inflation. The expected hike would put the Fed’s benchmark rate in a range of 2.25% to 2.5%, the highest since 2018. Bond yields were mixed Tuesday. The two-year Treasury yield, which tends to move with expectations for the Fed, rose to 3.04% from 3.02% late Monday. The 10-year yield, which influences mortgage rates, fell to 2.80% from 2.82%. Technology stocks, retailers and communication companies were among the biggest drags on the benchmark S\u0026P 500 index. Microsoft fell 2.7%, Amazon slid 5.2% and Facebook owner Meta Platforms dropped 4.5%. The losses easily outweighed gains by health care and utilities stocks. Small company stocks also fell. The Russell 2000 gave up 12.53 points, or 0.7%, to end at 1,805.25. Investors eyed the latest batch of corporate earnings reports Tuesday. Shares of automaker General Motors fell 3.4% after the company said its second-quarter profit fell 40% from a year ago, as computer chip and parts shortages hobbled factory output and drove the company’s U.S. sales down more than 15%. The Detroit automaker earned $1.67 billion from April through June, well below the $2.79 billion it made a year earlier. GM couldn’t deliver 95,000 vehicles during the quarter because it lacked parts. Shopify slumped 14.1% after the Canadian e-commerce company said it is cutting 10% of its staff, or about 1,000 employees, as it reckons with an unexpected sales downturn after pandemic-fueled growth. Technology bellwethers Meta, Apple and Amazon report quarterly results later in the week. “By the end of this week we’ll have a lot of big tech earnings and we’ll have a better feel for how that whole sector is going to go,” Frederick said. People are maybe hedging a little bit ahead of that big onslaught of tech earnings that we’re going to get this week, plus obviously, there’s concern about the Fed tomorrow.”","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"40.7128","longitude":"-74.006","name":"New York, NY, USA","city":"New York City"},"keywords":"Fed,Walmart,U.S.,Amazon,American,the Federal Reserve's,Macy,Kohl,Randy Frederick,Charles Schwab,Dow,the Federal Reserve,Treasury,Microsoft,Facebook","originalPublishedOn":"2022-07-27T03:20:00+05:30"}},{"node":{"id":"1iFM34dm2o0F","slug":"english/grim-news-from-walmart-sends-us-markets-tumbling","slugV2":"business/grim-news-from-walmart-sends-us-markets-tumbling-710336/","title":"Grim news from Walmart sends US markets tumbling","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-26T21:20:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 index was down 0.6%, the Dow Jones Industrial Average lost 0.4%\u003c/li\u003e\n \u003cli\u003eWalmart shares dropped nearly 9% after the retail giant cut its profit outlook\u003c/li\u003e\n \u003cli\u003eInvestors are also looking to the Federal Reserve, which is expected to announce a rate hike on Wednesday\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658848699134,\\\"strCount\\\":3015,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/stockmarket/\\\\\\\"\u003eStocks\u003c/a\u003e are being dragged lower early Tuesday after earnings from corporate giant \u003ca href=\\\\\\\"https://opoyi.com/topics/walmart/\\\\\\\"\u003eWalmart\u003c/a\u003e showed inflation was negatively impacting \u003ca href=\\\\\\\"https://opoyi.com/topics/american/\\\\\\\"\u003eAmerican\u003c/a\u003e consumers' spending power.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/st-louis-missouri-flash-floods-emergency-issued-as-city-records-historic-rainfall-710275/\\\\\\\"\u003eSt Louis, Missouri flash floods: Emergency issued as city records historic rainfall\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 index was down 0.6% as of 9:55 a.m. Eastern. The Dow Jones Industrial Average lost 0.4% and the Nasdaq Composite was down noticeably more, falling 1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Walmart shares dropped nearly 9% after the retail giant cut its profit outlook for the second quarter and the full year, saying rising prices for food and gas are forcing shoppers to cut back on discretionary items, particularly clothing, that carry higher profit margins.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/michael-larosa-first-lady-dr-jill-bidens-press-secretary-leaving-the-white-house-710095/\\\\\\\"\u003eMichael LaRosa, first lady's press secretary, leaving the White House\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Walmart’s profit warning in the middle of the quarter is rare, and raised worries about how the highest inflation in 40 years is affecting the entire retail sector. The stocks of other major chains, including Target, Macy’s and Kohl’s, fell following Walmart’s announcement.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/mary-jane-thomas-family-net-worth-and-cause-of-death-709877/\\\\\\\"\u003eMary Jane Thomas' family, net worth and cause of death\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of automaker General Motors were also falling sharply, after the company's second-quarter profit fell 40% from a year ago, as computer chip and parts shortages hobbled factory output and drove the company’s U.S. sales down more than 15%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/detroit/\\\\\\\"\u003eDetroit\u003c/a\u003e automaker earned $1.67 billion from April through June, well below the $2.79 billion it made a year earlier. GM couldn’t deliver 95,000 vehicles during the quarter because it lacked parts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/donald-trump-to-first-make-washington-dc-comeback-after-leaving-white-house-709930/\\\\\\\"\u003eDonald Trump to first make Washington DC comeback after leaving White House\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors are also looking to the Federal Reserve, which is expected to announce a rate hike of up to three-quarters of a percentage point on Wednesday, triple the usual margin. The central bank is waging an aggressive campaign to stem four-decade high \u003ca href=\\\\\\\"https://opoyi.com/topics/inflation/\\\\\\\"\u003einflation\u003c/a\u003e. The expected hike would put the Fed’s benchmark rate in a range of 2.25% to 2.5%, the highest since 2018.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Tech heavyweights \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e, Meta, \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e are due to report their results later this week.\\\"}}]}","relatedPosts":null,"location":{"name":"United States"},"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"Walmart","slug":"walmart","id":"xZhtJX8hukit","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"American","slug":"american","id":"NZFYoh1gkc1s","isSection":0},{"name":"GeneralMotors","slug":"generalmotors","id":"Q6eXgRaE4zKo","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Detroit","slug":"detroit","id":"pxEEEyELlOj8","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"AP","id":"8dFR8PhLJl4s","username":"associatedpress","role":8,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-26T21:20:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks are being dragged lower early Tuesday after earnings from corporate giant Walmart showed inflation was negatively impacting American consumers' spending power. Also Read| St Louis, Missouri flash floods: Emergency issued as city records historic rainfall,The S\u0026P 500 index was down 0.6% as of 9:55 a.m. Eastern. The Dow Jones Industrial Average lost 0.4% and the Nasdaq Composite was down noticeably more, falling 1%. Walmart shares dropped nearly 9% after the retail giant cut its profit outlook for the second quarter and the full year, saying rising prices for food and gas are forcing shoppers to cut back on discretionary items, particularly clothing, that carry higher profit margins. Also Read| Michael LaRosa, first lady's press secretary, leaving the White House,Walmart’s profit warning in the middle of the quarter is rare, and raised worries about how the highest inflation in 40 years is affecting the entire retail sector. The stocks of other major chains, including Target, Macy’s and Kohl’s, fell following Walmart’s announcement. Also Read| Mary Jane Thomas' family, net worth and cause of death,Shares of automaker General Motors were also falling sharply, after the company's second-quarter profit fell 40% from a year ago, as computer chip and parts shortages hobbled factory output and drove the company’s U.S. sales down more than 15%. The Detroit automaker earned $1.67 billion from April through June, well below the $2.79 billion it made a year earlier. GM couldn’t deliver 95,000 vehicles during the quarter because it lacked parts. Also Read| Donald Trump to first make Washington DC comeback after leaving White House,Investors are also looking to the Federal Reserve, which is expected to announce a rate hike of up to three-quarters of a percentage point on Wednesday, triple the usual margin. The central bank is waging an aggressive campaign to stem four-decade high inflation. The expected hike would put the Fed’s benchmark rate in a range of 2.25% to 2.5%, the highest since 2018. Tech heavyweights Apple, Meta, Microsoft and Amazon are due to report their results later this week.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"37.0902","longitude":"-95.7129","name":"United States","city":"Bartlesville"},"keywords":"American,Eastern,Target,Macy,Kohl,General Motors,U.S.,Detroit,GM,the Federal Reserve,Fed,Apple,Microsoft,Amazon","originalPublishedOn":"2022-07-26T21:20:00+05:30"}},{"node":{"id":"YrsLDUfiv4lF","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-friday-4","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-friday-708912/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Friday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-25T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 37.32 points, or 0.9%, to 3,961.63\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 137.61 points, or 0.4%, to 31,899.29\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 225.50 points, or 1.9%, to 11,834.11\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658713506823,\\\"strCount\\\":4491,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks fell Friday, giving up some of their gains from earlier in the week, as concerns about the global economy and the prospects for profitability at large internet companies grew.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/japans-inflation-remains-above-central-banks-2-target-707112/\\\\\\\"\u003eJapan's inflation remains above central bank's 2% target\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 dropped 0.9%, snapping a three-day run that had propelled Wall Street to its highest level in six weeks. The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e composite led the market lower, falling 1.9% as a result of worse-than-expected earnings announcements from Snap, Seagate Technology, and other technology companies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rupee-hits-all-time-low-of-80-why-is-it-falling-704868/\\\\\\\"\u003eRupee hits all-time low of 80; why is it falling?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average fared better, falling by 0.4%. This was due in large part to the fact that constituent American Express released a positive earnings report and stated that its cardholders were spending more.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/china-extends-loans-for-developers-to-end-mortgage-boycott-704009/\\\\\\\"\u003eChina extends loans for developers to end mortgage boycott\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Friday the two-year Treasury yield tumbled again, to 2.98% from 3.09% late Thursday and from 3.14% a week ago, on worries about the economy. A report Friday morning indicated U.S. business activity may be shrinking for the first time in nearly two years, with service industries particularly weak.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Friday's reports are the latest to show parts of the economy are slowing more than expected. While that raises the threat of a recession, it also has traders ratcheting back expectations for the Federal Reserve's aggressiveness next week. Instead of a full percentage point, traders now see an increase in rates of 0.75 percentage points as the most likely outcome.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year Treasury yield fell to 2.76% from 2.91% late Thursday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/what-is-insolvency-and-bankruptcy-code-2016-703953/\\\\\\\"\u003eWhat is Insolvency and Bankruptcy Code 2016?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the stock market, the company behind the Snapchat app tumbled 39.1% after it reported a worse loss and lower revenue for the spring than Wall Street forecast.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The weakness for Snap could mean pressure on other companies that depend on internet advertising, which also happen to be among Wall Street's most influential stocks. The parent companies of both Facebook and Google are scheduled to report their earnings next week. The pair fell 7.6% and 5.6% respectively on Friday, accounting for two of the heaviest weights on the S\u0026amp;P 500.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 lost 37.32 points to close at 3,961.63. The Dow fell 137.61 to 31,899.29, and the Nasdaq fell 225.50 to 11,834.11.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Adding to the pain for tech, data storage company Seagate Technology lost 8.1%. It said anti-COVID measures in \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e and slowing global economic conditions last quarter hit its results, which fell short of forecasts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/india/how-the-us-federal-reserves-rate-hike-impacts-rbi-policy-explained-650139/\\\\\\\"\u003eHow the US Federal Reserve's rate hike impacts RBI policy: Explained\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Verizon dropped 6.7% after its profit fell short of expectations, though its revenue squeaked past. It also cut its forecast for earnings this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On the winning side was American Express, which rose 1.9% after it delivered better profit for the spring than analysts expected. It said customers spent more on travel and entertainment in April than they did before the pandemic, the first time that’s happened.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/explained-changes-in-repo-rates-and-their-impact-on-stock-market-340419/\\\\\\\"\u003eExplained: Changes in repo rates and their impact on stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The encouraging data bolstered some recent comments from CEOs at big banks, who said their customers appear to be in solid financial shape despite all the worries about inflation and the economy. Despite Friday's drops for Wall Street, the S\u0026amp;P 500 still rose 2.5% for the week.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-07-25T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks fell Friday, giving up some of their gains from earlier in the week, as concerns about the global economy and the prospects for profitability at large internet companies grew. Also Read| Japan's inflation remains above central bank's 2% target,The S\u0026P 500 dropped 0.9%, snapping a three-day run that had propelled Wall Street to its highest level in six weeks. The Nasdaq composite led the market lower, falling 1.9% as a result of worse-than-expected earnings announcements from Snap, Seagate Technology, and other technology companies. Also Read| Rupee hits all-time low of 80; why is it falling?,The Dow Jones Industrial Average fared better, falling by 0.4%. This was due in large part to the fact that constituent American Express released a positive earnings report and stated that its cardholders were spending more. Also Read| China extends loans for developers to end mortgage boycott,On Friday the two-year Treasury yield tumbled again, to 2.98% from 3.09% late Thursday and from 3.14% a week ago, on worries about the economy. A report Friday morning indicated U.S. business activity may be shrinking for the first time in nearly two years, with service industries particularly weak. Also Read| Here's what depreciating rupee means for stock markets,Friday's reports are the latest to show parts of the economy are slowing more than expected. While that raises the threat of a recession, it also has traders ratcheting back expectations for the Federal Reserve's aggressiveness next week. Instead of a full percentage point, traders now see an increase in rates of 0.75 percentage points as the most likely outcome. The 10-year Treasury yield fell to 2.76% from 2.91% late Thursday. Also Read| What is Insolvency and Bankruptcy Code 2016?,In the stock market, the company behind the Snapchat app tumbled 39.1% after it reported a worse loss and lower revenue for the spring than Wall Street forecast. The weakness for Snap could mean pressure on other companies that depend on internet advertising, which also happen to be among Wall Street's most influential stocks. The parent companies of both Facebook and Google are scheduled to report their earnings next week. The pair fell 7.6% and 5.6% respectively on Friday, accounting for two of the heaviest weights on the S\u0026P 500. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,The S\u0026P 500 lost 37.32 points to close at 3,961.63. The Dow fell 137.61 to 31,899.29, and the Nasdaq fell 225.50 to 11,834.11. Adding to the pain for tech, data storage company Seagate Technology lost 8.1%. It said anti-COVID measures in Asia and slowing global economic conditions last quarter hit its results, which fell short of forecasts. Also Read| How the US Federal Reserve's rate hike impacts RBI policy: Explained,Verizon dropped 6.7% after its profit fell short of expectations, though its revenue squeaked past. It also cut its forecast for earnings this year. On the winning side was American Express, which rose 1.9% after it delivered better profit for the spring than analysts expected. It said customers spent more on travel and entertainment in April than they did before the pandemic, the first time that’s happened. Also Read| Explained: Changes in repo rates and their impact on stock market,The encouraging data bolstered some recent comments from CEOs at big banks, who said their customers appear to be in solid financial shape despite all the worries about inflation and the economy. Despite Friday's drops for Wall Street, the S\u0026P 500 still rose 2.5% for the week.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Seagate Technology,American Express,Treasury,U.S.,the Federal Reserve's,the S 500,Nasdaq,Asia,Verizon,wallstreet today, nyse today, s\u0026p 500 today, nasdaq today, stock news, russell today","originalPublishedOn":"2022-07-25T09:00:00+05:30"}},{"node":{"id":"FuQp0H6n7suE","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-thursday-6","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-thursday-707049/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Thursday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-22T08:59:56+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 39.05 points, or 1%, to 3,998.95\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 162.06 points, or 0.5%, to 32,036.90\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 161.96 points, or 1.4%, to 12,059.61\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658460595484,\\\"strCount\\\":4425,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street stocks finished higher Thursday, adding to their winning week, as investors sifted through a flood of data on the economy, interest rates, and corporate profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 1% after recovering from an early slump, rising to its highest level in six weeks. The Dow Jones Industrial Average recovered from a midafternoon drop to close 0.5% higher, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e composite surged 1.4%, boosted by \u003ca href=\\\\\\\"https://opoyi.com/topics/tesla/\\\\\\\"\u003eTesla\u003c/a\u003e and technology stocks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/jan-6-hearings-not-condemning-riot-could-ruin-donald-trumps-legacy-feared-trump-jr-707014/\\\\\\\"\u003eNot condemning riot could ruin Donald Trump's legacy, feared Trump Jr\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 climbed 39.05 points to 3,998.95. The recent increases brought the benchmark index's winning streak to three days.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow rose 162.06 points to 32,036.90, while the Nasdaq added 161.96 points at 12,059.61. The major indexes are all on pace for a weekly gain.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also rose. The Russell 2000 gained 8.74 points, or 0.5%, at 1,836.69.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/january-6-hearings-sarah-matthews-says-donald-trump-could-have-stopped-riots-in-less-than-60-seconds-707004/\\\\\\\"\u003eJanuary 6 hearings: Sarah Matthews says Donald Trump could have stopped riots in 'less than 60 seconds'\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As with the U.S. Federal Reserve, which is set to raise rates next week for the fourth time this year, the hope is that higher rates will slow the economy enough to beat back high inflation. The risk is that higher rates push down on investment prices, and too-aggressive hikes could cause a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/jan-6-hearings-dc-polices-sgt-mark-robinson-says-trump-motorcade-waited-45-mins-on-the-day-706995/\\\\\\\"\u003eDC police's Sgt Robinson says Trump wanted to go to the Capitol, contradicting TSA, Secret Service\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The two-year Treasury yield, which tends to move with expectations for the Fed, slumped to 3.09% from 3.25% late Wednesday. Forecasts among traders for what the Federal Reserve will do at its meeting next week have tilted toward an increase of 0.75 percentage points and away from a colossal hike of a full percentage point.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The 10-year yield, which influences mortgage rates, fell to 2.90% from 3.03%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/donald-trump-blames-nancy-pelosi-for-january-6-riots-national-guard-response-706990/\\\\\\\"\u003eDonald Trump blames Nancy Pelosi for January 6 riots, National Guard response\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Tesla climbed 9.8% in the first trading after the electric-vehicle maker reported results for the spring that was better than analysts expected. It was the biggest gainer in the S\u0026amp;P 500.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Steelmaker Nucor jumped 9.1% after its results topped forecasts. Philip Morris International, the tobacco company, rose 4.2% after reporting a stronger profit than expected.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/january-6-panel-probes-donald-trumps-187-minutes-as-capitol-attacked-report-706349/\\\\\\\"\u003eIn final hearing, Jan 6 panel's investigation into Trump's 187 minutes\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"United Airlines tumbled 10.2% after its profit and revenue fell short of expectations. It also scaled back its plans for growth later this year. American Airlines fell 7.4% after it reported weaker earnings than expected, though its revenue topped forecasts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"AT\u0026amp;T sank 7.6% even though it reported better profit and revenue than Wall Street forecast. It cut its forecast for the amount of cash it will generate this year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/jan-6-hearing-secret-service-deleted-text-messages-regarding-capitol-riots-701642/\\\\\\\"\u003eJan 6 hearing: Secret Service deleted text messages regarding Capitol riots\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks of energy companies also fell as the price of U.S. crude oil settled 3.5% lower.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"European stocks ended mixed, with several events keeping the continent in the market's spotlight beyond the European Central Bank's momentous moves.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/january-6-hearings-what-to-expect-from-the-second-prime-time-session-704809/\\\\\\\"\u003eJanuary 6 hearings: What to expect from the second prime-time session\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e, Tokyo’s Nikkei 225 rose 0.4% after the Bank of Japan announced no major policy changes after a two-day meeting, as was widely expected. It's been a holdout in the global rush to raise interest rates.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Tesla","slug":"tesla","id":"9y75NOMnEoxE","isSection":0},{"name":"UnitedAirlines","slug":"unitedairlines","id":"1SoKYbnQo3Ye","isSection":0},{"name":"AmericanAirlines","slug":"americanairlines","id":"9XqalfqYD4jI","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Tokyo","slug":"tokyo","id":"Ee9xq687hhH0","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-07-22T08:59:54+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street stocks finished higher Thursday, adding to their winning week, as investors sifted through a flood of data on the economy, interest rates, and corporate profits. The S\u0026P 500 gained 1% after recovering from an early slump, rising to its highest level in six weeks. The Dow Jones Industrial Average recovered from a midafternoon drop to close 0.5% higher, while the Nasdaq composite surged 1.4%, boosted by Tesla and technology stocks. Also Read| Not condemning riot could ruin Donald Trump's legacy, feared Trump Jr,The S\u0026P 500 climbed 39.05 points to 3,998.95. The recent increases brought the benchmark index's winning streak to three days. The Dow rose 162.06 points to 32,036.90, while the Nasdaq added 161.96 points at 12,059.61. The major indexes are all on pace for a weekly gain. Smaller company stocks also rose. The Russell 2000 gained 8.74 points, or 0.5%, at 1,836.69. Also Read| January 6 hearings: Sarah Matthews says Donald Trump could have stopped riots in 'less than 60 seconds',As with the U.S. Federal Reserve, which is set to raise rates next week for the fourth time this year, the hope is that higher rates will slow the economy enough to beat back high inflation. The risk is that higher rates push down on investment prices, and too-aggressive hikes could cause a recession. Also Read| DC police's Sgt Robinson says Trump wanted to go to the Capitol, contradicting TSA, Secret Service,The two-year Treasury yield, which tends to move with expectations for the Fed, slumped to 3.09% from 3.25% late Wednesday. Forecasts among traders for what the Federal Reserve will do at its meeting next week have tilted toward an increase of 0.75 percentage points and away from a colossal hike of a full percentage point. The 10-year yield, which influences mortgage rates, fell to 2.90% from 3.03%. Also Read| Donald Trump blames Nancy Pelosi for January 6 riots, National Guard response,Tesla climbed 9.8% in the first trading after the electric-vehicle maker reported results for the spring that was better than analysts expected. It was the biggest gainer in the S\u0026P 500. Steelmaker Nucor jumped 9.1% after its results topped forecasts. Philip Morris International, the tobacco company, rose 4.2% after reporting a stronger profit than expected. Also Read| In final hearing, Jan 6 panel's investigation into Trump's 187 minutes,United Airlines tumbled 10.2% after its profit and revenue fell short of expectations. It also scaled back its plans for growth later this year. American Airlines fell 7.4% after it reported weaker earnings than expected, though its revenue topped forecasts. AT\u0026T sank 7.6% even though it reported better profit and revenue than Wall Street forecast. It cut its forecast for the amount of cash it will generate this year. Also Read| Jan 6 hearing: Secret Service deleted text messages regarding Capitol riots,Stocks of energy companies also fell as the price of U.S. crude oil settled 3.5% lower. European stocks ended mixed, with several events keeping the continent in the market's spotlight beyond the European Central Bank's momentous moves. Also Read| January 6 hearings: What to expect from the second prime-time session,In Asia, Tokyo’s Nikkei 225 rose 0.4% after the Bank of Japan announced no major policy changes after a two-day meeting, as was widely expected. It's been a holdout in the global rush to raise interest rates.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Nasdaq,The S 500,Tesla,Russell,the U.S. Federal Reserve,Treasury,Fed,the Federal Reserve,Steelmaker Nucor,Philip Morris International,United Airlines,American Airlines,U.S.,European,the European Central Bank's","originalPublishedOn":"2022-07-22T08:59:54+05:30"}},{"node":{"id":"qfg1H51szwhl","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-wednesday-3","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-green-on-wednesday-706245/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in green on Wednesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-21T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 23.21 points, or 0.6%, to 3,959.90\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 47.79 points, or 0.2%, to 31,874.84\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 184.50 points, or 1.6%, to 11,897.65\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 28.62 points, or 1.6%, to 1,827.95\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658371062867,\\\"strCount\\\":4878,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A volatile day on Wall Street finished with additional gains for equities on Wednesday, as investors cheered another round of positive earnings reports from \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e companies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 0.6%, adding to its strong gains from the day before when the benchmark index gained 2.8%, its best day in weeks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-705998/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Wednesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"After rebounding from a mid-afternoon dip, the Dow Jones Industrial Average achieved a 0.2% gain. The \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e composite increased by 1.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"With the current uptick, the main indices are on track for another good week of gains.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-biogen-merck-baker-hughes-and-other-stocks-making-biggest-moves-705913/\\\\\\\"\u003eUS Premarket: Biogen, Merck, Baker Hughes and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Profit reporting season has begun, with more companies providing information on how rising inflation and concerns about a future recession are hurting their customers.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks tumbled roughly 20% from their highs this year because of rising interest rates, and proof that profits can remain strong would provide a big support for markets. On the other hand, warnings about upcoming weakness could kick off another leg downward.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rbi-ready-to-spend-up-to-100-billion-more-to-protect-rupee-report-705566/\\\\\\\"\u003eRBI ready to spend up to $100 billion more to protect rupee: report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"For now, traders appear to be encouraged by what they're hearing from companies, especially big banks, as the reporting season gets going.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Companies so far have been mostly topping profit expectations this reporting season, as is usually the case, though the most recent reports were mixed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/china-extends-loans-for-developers-to-end-mortgage-boycott-704009/\\\\\\\"\u003eChina extends loans for developers to end mortgage boycott\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Nasdaq, the company behind its namesake trading exchange, jumped 6.1% after delivering stronger profit and revenue than Wall Street expected. Omnicon Group, the advertising and public-relations company, rose 3.9% following better-than-expected earnings. Comerica, the Dallas-based financial services company, added 1.6% after it also reported stronger-than-expected results.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Netflix climbed 7.4% higher after it said it lost fewer subscribers during the spring than expected. It, though, remains the worst stock in the S\u0026amp;P 500 for the year, down by nearly two thirds.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/what-is-insolvency-and-bankruptcy-code-amendment-bill-2021-703960/\\\\\\\"\u003eWhat is Insolvency and Bankruptcy Code (Amendment) Bill 2021?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Beyond Netflix, several other tech-oriented companies made strong gains. \u003ca href=\\\\\\\"https://opoyi.com/topics/amazon/\\\\\\\"\u003eAmazon\u003c/a\u003e climbed 3.9%, and Nvidia jumped 4.8%, which helped boost the tech-heavy Nasdaq composite index.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On the losing end was Baker Hughes, which tumbled 8.3% after it reported weaker results for the spring than analysts expected. Northern Trust fell 4% after its profit fell short of forecasts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eGreat Depression to COVID: Top 5 market crashes in American history\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"All told, the S\u0026amp;P 500 rose 23.21 points to 3,959.90. The Dow added 47.79 points to 31,874.84. The Nasdaq rose 184.50 points to 11,897.65.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also gained ground. The Russell 2000 rose 28.62 points, or 1.6%, at 1,827.95.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/harshad-mehta-scam-how-big-bull-shook-the-indian-stock-market-695774/\\\\\\\"\u003eHarshad Mehta scam: How Big Bull shook the Indian stock market\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e, stocks slipped amid worries about whether \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e would restrict supplies of natural gas headed for the region after some maintenance on a key pipeline is scheduled to end Thursday. Germany's DAX fell 0.2%, and \u003ca href=\\\\\\\"https://opoyi.com/topics/french/\\\\\\\"\u003eFrench\u003c/a\u003e stocks dipped 0.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The continent is also preparing for the first increase in interest rates by the European Central Bank in 11 years on Thursday, as it tries to beat back inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/explained-difference-between-rbis-accommodative-neutral-hawkish-stance-328818/\\\\\\\"\u003eExplained: Difference between RBI’s accommodative, neutral \u0026amp; hawkish stance\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the bond market, the yield on the two-year Treasury, which tends to follow expectations for the Fed's actions, edged up to 3.25% from 3.24% late Tuesday. The 10-year yield rose to 3.03% from 3.01% late Tuesday.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"dallas","slug":"dallas","id":"nhRa727kuRdu","isSection":0},{"name":"Amazon","slug":"amazon","id":"U23eu7EXkD8d","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"French","slug":"french","id":"r2aSti22DERa","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-07-21T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"A volatile day on Wall Street finished with additional gains for equities on Wednesday, as investors cheered another round of positive earnings reports from US companies. The S\u0026P 500 gained 0.6%, adding to its strong gains from the day before when the benchmark index gained 2.8%, its best day in weeks. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Wednesday,After rebounding from a mid-afternoon dip, the Dow Jones Industrial Average achieved a 0.2% gain. The Nasdaq composite increased by 1.6%. With the current uptick, the main indices are on track for another good week of gains. Also Read| US Premarket: Biogen, Merck, Baker Hughes and other stocks making biggest moves,Profit reporting season has begun, with more companies providing information on how rising inflation and concerns about a future recession are hurting their customers. Stocks tumbled roughly 20% from their highs this year because of rising interest rates, and proof that profits can remain strong would provide a big support for markets. On the other hand, warnings about upcoming weakness could kick off another leg downward. Also Read| RBI ready to spend up to $100 billion more to protect rupee: report,For now, traders appear to be encouraged by what they're hearing from companies, especially big banks, as the reporting season gets going. Companies so far have been mostly topping profit expectations this reporting season, as is usually the case, though the most recent reports were mixed. Also Read| China extends loans for developers to end mortgage boycott,Nasdaq, the company behind its namesake trading exchange, jumped 6.1% after delivering stronger profit and revenue than Wall Street expected. Omnicon Group, the advertising and public-relations company, rose 3.9% following better-than-expected earnings. Comerica, the Dallas-based financial services company, added 1.6% after it also reported stronger-than-expected results. Netflix climbed 7.4% higher after it said it lost fewer subscribers during the spring than expected. It, though, remains the worst stock in the S\u0026P 500 for the year, down by nearly two thirds. Also Read| What is Insolvency and Bankruptcy Code (Amendment) Bill 2021?,Beyond Netflix, several other tech-oriented companies made strong gains. Amazon climbed 3.9%, and Nvidia jumped 4.8%, which helped boost the tech-heavy Nasdaq composite index. On the losing end was Baker Hughes, which tumbled 8.3% after it reported weaker results for the spring than analysts expected. Northern Trust fell 4% after its profit fell short of forecasts. Also Read| Great Depression to COVID: Top 5 market crashes in American history,All told, the S\u0026P 500 rose 23.21 points to 3,959.90. The Dow added 47.79 points to 31,874.84. The Nasdaq rose 184.50 points to 11,897.65. Smaller company stocks also gained ground. The Russell 2000 rose 28.62 points, or 1.6%, at 1,827.95. Also Read| Harshad Mehta scam: How Big Bull shook the Indian stock market,In Europe, stocks slipped amid worries about whether Russia would restrict supplies of natural gas headed for the region after some maintenance on a key pipeline is scheduled to end Thursday. Germany's DAX fell 0.2%, and French stocks dipped 0.3%. The continent is also preparing for the first increase in interest rates by the European Central Bank in 11 years on Thursday, as it tries to beat back inflation. Also Read| Explained: Difference between RBI’s accommodative, neutral \u0026 hawkish stance,In the bond market, the yield on the two-year Treasury, which tends to follow expectations for the Fed's actions, edged up to 3.25% from 3.24% late Tuesday. The 10-year yield rose to 3.03% from 3.01% late Tuesday.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,The S 500,Nasdaq,Omnicon Group,Dallas,Beyond Netflix,Amazon,Nvidia,Baker Hughes,Northern Trust,Europe,Russia,Germany,French,the European Central Bank","originalPublishedOn":"2022-07-21T09:00:00+05:30"}},{"node":{"id":"kBgnVdScqvSP","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-9","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-wednesday-705998/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Wednesday","postType":1,"coverMedia":"/opoyi_JysYrR0ah.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-20T21:10:36+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite was 79.58 points or 0.68% high at 11,792.73\u003c/li\u003e\n \u003cli\u003eComerica added 0.9% after it reported stronger-than-expected results\u003c/li\u003e\n \u003cli\u003eThe 10-year yield dipped to 2.97% from 3.01%\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658331636532,\\\"strCount\\\":4251,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street swung between gains and losses on Wednesday, a\\\\nday after rallying to its best days in a week, amid a mixed set of earnings\\\\nreports from major \u003ca href=\\\\\\\"https://opoyi.com/usa/\\\\\\\"\u003eUS\u003c/a\u003e companies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was 2.28 points or 0.05% up at 3,938.97 in\\\\nearly trading, a day after surging 2.8%. The Dow Jones Industrial Average was\\\\n84 points or 0.26% down at 31,743.05 as of 10:24 a.m. Eastern Time. The Nasdaq\\\\nComposite was 79.58 points or 0.68% high at 11,792.73.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/european-unions-gas-supply-could-keep-dwindling-russias-vladimir-putin-warns-705422/\\\\\\\"\u003eEuropean Union's gas supply could keep dwindling, Russia's Vladimir Putin warns\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Earnings reporting season is ramping up for big firms, with\\\\nmore segments of industries releasing details about how \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-hit-91-in-june-highest-in-40-years-700349/\\\\\\\"\u003ehigh inflation\u003c/a\u003e and a\\\\npossible \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003erecession \u003c/a\u003eare affecting their customers. A lot is riding on whether\\\\nthey can continue to deliver healthy profits. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks slumped roughly around 205 from their highs this\\\\nyear amid concerns about \u003ca href=\\\\\\\"https://opoyi.com/business/oil-gold-prices-fall-as-fear-of-massive-interest-rate-hikes-in-us-grows-700909/\\\\\\\"\u003erising interest rates\u003c/a\u003e, and proof that profits can\\\\nremain strong would provide a big support for markets. On the flip side,\\\\nwarnings about upcoming weakness could attract another leg downward.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/population-density-analytics-thread-goes-viral-on-twitter-see-elon-musks-reaction-705669/\\\\\\\"\u003ePopulation density analytics thread goes viral on Twitter. See Elon Musk's reaction\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Companies have mostly been beating profit estimates so far\\\\nthis reporting period, as is usually the case.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Nasdaq, the company behind its namesake trading exchange,\\\\nclimbed 5.1% after a report reporting better-than-expected profit and revenue.\\\\nComerica, the Dallas-based financial services company, added 0.9% after it also\\\\nreported stronger-than-expected results.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Netflix added 1.2% after it said it lost fewer subscribers\\\\nduring the spring than expected. However, it remains the worst stock in the\\\\nS\u0026amp;P 500 for the year, down by around two-thirds.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Among the losers was Baker Hughes, which plunged 11.6%\\\\nafter it reported lower-than-expected results for the previous quarter.\\\\nNorthern Trust lost 5.4% after its profit fell short of forecasts.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/why-us-inflation-is-going-up-and-when-will-it-come-down\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The US \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e has hiked key interest rates three\\\\ntimes this year, by raising margins each time. In its meeting next week,\\\\ninvestors say the only question is if it raises its key rate by another 0.75\\\\npercentage points or opts for a monster hike of a full percentage point.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Such hikes in rates make borrowing more expensive, which\\\\nslows the economy. It is expected that the Federal Reserve and other central\\\\nbanks can find the middle ground where the economy slows enough to whip\\\\ninflation but not enough to cause a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/donald-trump-brags-after-winning-maryland-proxy-battle-against-larry-hogan-705591/\\\\\\\"\u003eDonald Trump brags after winning Maryland proxy battle against Larry Hogan\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Some sectors of the economy are already slowing down\\\\nbecause of the rate hikes, particularly the housing industry. According to the\\\\nlatest report, sales of previously occupied homes weakened in June by more than\\\\neconomists expected.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ukraine-must-win-the-war-before-winter-says-volomymyr-zelensky-aide-705430/\\\\\\\"\u003eUkraine must win the war before winter, says Volomymyr Zelensky aide\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the bond market, the two-year Treasury yield, which\\\\ntends to follow expectations for the Fed's actions, fell to 3.19% from 3.24%\\\\nlate Tuesday. The 10-year yield dipped to 2.97% from 3.01%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"dallas","slug":"dallas","id":"nhRa727kuRdu","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-20T21:10:33+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street swung between gains and losses on Wednesday, a day after rallying to its best days in a week, amid a mixed set of earnings reports from major US companies. The S\u0026P 500 was 2.28 points or 0.05% up at 3,938.97 in early trading, a day after surging 2.8%. The Dow Jones Industrial Average was 84 points or 0.26% down at 31,743.05 as of 10:24 a.m. Eastern Time. The Nasdaq Composite was 79.58 points or 0.68% high at 11,792.73. Also Read | European Union's gas supply could keep dwindling, Russia's Vladimir Putin warns,Earnings reporting season is ramping up for big firms, with more segments of industries releasing details about how high inflation and a possible recession are affecting their customers. A lot is riding on whether they can continue to deliver healthy profits. ,Stocks slumped roughly around 205 from their highs this year amid concerns about rising interest rates, and proof that profits can remain strong would provide a big support for markets. On the flip side, warnings about upcoming weakness could attract another leg downward. Also Read | Population density analytics thread goes viral on Twitter. See Elon Musk's reaction,Companies have mostly been beating profit estimates so far this reporting period, as is usually the case. Nasdaq, the company behind its namesake trading exchange, climbed 5.1% after a report reporting better-than-expected profit and revenue. Comerica, the Dallas-based financial services company, added 0.9% after it also reported stronger-than-expected results. Also Read | Here's what depreciating rupee means for stock markets,Netflix added 1.2% after it said it lost fewer subscribers during the spring than expected. However, it remains the worst stock in the S\u0026P 500 for the year, down by around two-thirds. Among the losers was Baker Hughes, which plunged 11.6% after it reported lower-than-expected results for the previous quarter. Northern Trust lost 5.4% after its profit fell short of forecasts. Also Read | Why US inflation is going up and when will it come down,The US Federal Reserve has hiked key interest rates three times this year, by raising margins each time. In its meeting next week, investors say the only question is if it raises its key rate by another 0.75 percentage points or opts for a monster hike of a full percentage point. Such hikes in rates make borrowing more expensive, which slows the economy. It is expected that the Federal Reserve and other central banks can find the middle ground where the economy slows enough to whip inflation but not enough to cause a recession. Also Read | Donald Trump brags after winning Maryland proxy battle against Larry Hogan,Some sectors of the economy are already slowing down because of the rate hikes, particularly the housing industry. According to the latest report, sales of previously occupied homes weakened in June by more than economists expected. Also Read | Ukraine must win the war before winter, says Volomymyr Zelensky aide,In the bond market, the two-year Treasury yield, which tends to follow expectations for the Fed's actions, fell to 3.19% from 3.24% late Tuesday. The 10-year yield dipped to 2.97% from 3.01%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"US,The S 500,Dallas,Baker Hughes,Northern Trust,The US Federal Reserve,the Federal Reserve,Treasury,Fed,Stock market,share market, S\u0026P 500, Dow jones, Nasdaq,US companies, US Companies results, Earnings reports, Netflix stock,Wall Street, US early trade, ","originalPublishedOn":"2022-07-20T21:10:33+05:30"}},{"node":{"id":"59GwVDLz9N4H","slug":"english/us-premarket-biogen-merck-baker-hughes-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-biogen-merck-baker-hughes-and-other-stocks-making-biggest-moves-705913/","title":"US Premarket: Biogen, Merck, Baker Hughes and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Netflix reporting subscriber losses that were substantially below expectations (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-20T19:53:25+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eBiogen jumped 2.4% after reporting an adjusted profit of $5.25 per share\u003c/li\u003e\n \u003cli\u003eBaker Hughes tumbled 6% after reporting adjusted earnings of 11 cents per share\u003c/li\u003e\n \u003cli\u003eMerck declined 1.5% in the premarket\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658327005908,\\\"strCount\\\":3815,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBiogen (BIIB)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Biogen jumped 2.4% in the premarket after reporting an\\\\nadjusted profit of $5.25 per share for the second quarter, beating the\\\\nconsensus estimate of $4.06. Revenue also exceeded analysts’ forecasts. The\\\\nstrong results came even as Biogen said it faces increasing generic and\\\\nbiosimilar competition for its Tecfidera and Rituxan drugs.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/population-density-analytics-thread-goes-viral-on-twitter-see-elon-musks-reaction-705669/\\\\\\\"\u003ePopulation density analytics thread goes viral on Twitter. See Elon Musk's reaction\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBaker Hughes (BKR)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the oilfield services company tumbled 6% in\\\\npremarket action after it reported second-quarter adjusted earnings of 11 cents\\\\nper share, just half of what analysts had anticipated. Revenue also fell short\\\\nof estimates, with Baker Hughes citing various challenges including component\\\\nshortages and supply chain inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/us-primaries-maryland-voters-set-house-democrats-vs-gop-clash-for-midterms-705538/\\\\\\\"\u003eUS primaries: Maryland voters set House Democrats vs GOP clash for midterms\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eMerck (MRK)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Merck declined 1.5% in the premarket after its Keytruda\\\\ncancer drug failed to meet its goal in a late-stage study focused on head and\\\\nneck cancer patients.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/european-unions-gas-supply-could-keep-dwindling-russias-vladimir-putin-warns-705422/\\\\\\\"\u003eEuropean Union's gas supply could keep dwindling, Russia's Vladimir Putin warns\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eNetflix (NFLX)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Netflix surged 6.1% in premarket action after reporting\\\\nsubscriber losses that were substantially below expectations. The streaming\\\\nservices said it would add a net 1 million new subscribers this quarter.\\\\nNetflix posted better-than-expected quarterly earnings, though revenue fell\\\\nmarginally below Wall Street estimates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ukraine-must-win-the-war-before-winter-says-volomymyr-zelensky-aide-705430/\\\\\\\"\u003eUkraine must win the war before winter, says Volomymyr Zelensky aide\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eASML (ASML)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"ASL slid 1.04% in premarket trading after the Netherlands-based\\\\nsemiconductor manufacturing equipment maker cut its full-year sales forecast.\\\\nASML posted better-than-expected quarterly earnings but said its customers are\\\\nturning somewhat cautious in anticipation of slowing chip demand.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/china-extends-loans-for-developers-to-end-mortgage-boycott-704009/\\\\\\\"\u003eChina extends loans for developers to end mortgage boycott\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCal-Maine Foods (CALM)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Cal-Maine added 1% in premarket trading after reporting\\\\nrobust top and bottom line growth for its latest quarter. The nation’s largest\\\\negg producer was supported by higher egg prices but also witnessed feed costs\\\\nthat it expects to continue in fiscal 2023.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/respect-for-marriage-act-47-republicans-who-voted-to-protect-same-sex-marriage-705425/\\\\\\\"\u003eRespect for Marriage Act: 47 Republicans who voted to protect same-sex marriage\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eElevance Health (ELV)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the health care and insurance company fell 2.90%\\\\nafter beating top and bottom line second-quarter estimates and raising its\\\\nfull-year forecast. Elevance’s profits came on the back of a strong performance\\\\nin its pharmacy benefits management unit.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/respect-for-marriage-acts-legislative-passage-in-us-explained-705417/\\\\\\\"\u003eRespect for Marriage Act's legislative passage in US: Explained\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCasino Stocks\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of casino operators rose in premarket trading\\\\nfollowing a Reuters report that Macau would reopen casinos on Saturday amid a\\\\ndecline in \u003ca href=\\\\\\\"https://opoyi.com/topics/covid/\\\\\\\"\u003eCovid\u003c/a\u003e infections. Las Vegas Sands (LVS) added 1.5% while Wynn\\\\nResorts (WYNN) gained 1.9%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Merck","slug":"merck","id":"wx2iIEvkWZml","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"Netherlands","slug":"netherlands","id":"O5Ed5Plr9eJo","isSection":0},{"name":"Covid","slug":"covid","id":"jtkufHpdTfkm","isSection":0},{"name":"Health","slug":"health","id":"2pSwu97y4loa","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-20T19:53:23+05:30","publisher":0,"sourceFeed":null,"cleanText":"Biogen (BIIB),Biogen jumped 2.4% in the premarket after reporting an adjusted profit of $5.25 per share for the second quarter, beating the consensus estimate of $4.06. Revenue also exceeded analysts’ forecasts. The strong results came even as Biogen said it faces increasing generic and biosimilar competition for its Tecfidera and Rituxan drugs. Also Read | Population density analytics thread goes viral on Twitter. See Elon Musk's reaction,Baker Hughes (BKR),Shares of the oilfield services company tumbled 6% in premarket action after it reported second-quarter adjusted earnings of 11 cents per share, just half of what analysts had anticipated. Revenue also fell short of estimates, with Baker Hughes citing various challenges including component shortages and supply chain inflation. Also Read | US primaries: Maryland voters set House Democrats vs GOP clash for midterms,Merck (MRK),Merck declined 1.5% in the premarket after its Keytruda cancer drug failed to meet its goal in a late-stage study focused on head and neck cancer patients. Also Read | European Union's gas supply could keep dwindling, Russia's Vladimir Putin warns,Netflix (NFLX),Netflix surged 6.1% in premarket action after reporting subscriber losses that were substantially below expectations. The streaming services said it would add a net 1 million new subscribers this quarter. Netflix posted better-than-expected quarterly earnings, though revenue fell marginally below Wall Street estimates. Also Read | Ukraine must win the war before winter, says Volomymyr Zelensky aide,ASML (ASML),ASL slid 1.04% in premarket trading after the Netherlands-based semiconductor manufacturing equipment maker cut its full-year sales forecast. ASML posted better-than-expected quarterly earnings but said its customers are turning somewhat cautious in anticipation of slowing chip demand. Also Read | China extends loans for developers to end mortgage boycott,Cal-Maine Foods (CALM),Cal-Maine added 1% in premarket trading after reporting robust top and bottom line growth for its latest quarter. The nation’s largest egg producer was supported by higher egg prices but also witnessed feed costs that it expects to continue in fiscal 2023. Also Read | Respect for Marriage Act: 47 Republicans who voted to protect same-sex marriage,Elevance Health (ELV),Shares of the health care and insurance company fell 2.90% after beating top and bottom line second-quarter estimates and raising its full-year forecast. Elevance’s profits came on the back of a strong performance in its pharmacy benefits management unit. Also Read | Respect for Marriage Act's legislative passage in US: Explained,Casino Stocks,Shares of casino operators rose in premarket trading following a Reuters report that Macau would reopen casinos on Saturday amid a decline in Covid infections. Las Vegas Sands (LVS) added 1.5% while Wynn Resorts (WYNN) gained 1.9%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Biogen,Baker Hughes,BIIB,Tecfidera,Rituxan,BKR,Netherlands,Cal-Maine Foods,CALM,Cal-Maine,ELV,Covid,Wynn Resorts,Merck, Stock market, share market, Nasdaq,elevance health,Cal Maine Foods, ASML,US stock market, business news","originalPublishedOn":"2022-07-20T19:53:23+05:30"}},{"node":{"id":"P5uN3kna4Uso","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-2-up-on-tuesday","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-over-2-up-on-tuesday-705426/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended over 2% up on Tuesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-20T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 105.84 points, or 2.8%, to 3,936.69\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 754.44 points, or 2.4%, to 31,827.05\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 353.10 points, or 3.1%, to 11,713.15\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 60.91 points, or 3.5%, to 1,799.32\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658280988561,\\\"strCount\\\":4243,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/stockmarket/\\\\\\\"\u003estock market\u003c/a\u003e experienced its best day in more than three weeks on Tuesday, as more companies reported their spring profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 2.8% as a strong tide lifted 99% of the index's companies higher. The Dow Jones Industrial Average gained 2.4%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite gained 3.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-tuesday-705169/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Tuesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks increased, even more, propelling the Russell 2000 index up 3.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks have fallen approximately 20% this year due to concerns about increasing interest rates and strong inflation, putting an even harsher emphasis on how much profit companies make. If earnings continue to rise, markets will benefit greatly. However, if CEOs warn of impending problems, another drop may be on the way.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-cinemark-boeing-ibm-and-other-stocks-making-biggest-moves-705103/\\\\\\\"\u003eUS Premarket: Cinemark, Boeing, IBM and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Toy company Hasbro rose 0.7% after it reported a stronger profit than analysts expected. Oilfield services provider Halliburton added 2.1% after its profit and revenue topped forecasts. Netflix jumped 8% in after-hours trading after the company reported better-than-expected results and a smaller subscriber loss than analysts had feared.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/trade-setup-top-15-things-to-know-before-market-opens-on-july-20-2022-705402/\\\\\\\"\u003eTrade Setup: Top 15 things to know before market opens on July 20, 2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Twitter rose 2.8% after a court in \u003ca href=\\\\\\\"https://opoyi.com/topics/delaware/\\\\\\\"\u003eDelaware\u003c/a\u003e agreed to quickly schedule a lawsuit that could force billionaire Elon Musk to make good on his agreement to buy the company.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/ibm/\\\\\\\"\u003eIBM\u003c/a\u003e, though, fell 5.2% despite reporting stronger revenue and earnings than expected. The company’s profit margins fell short of some analysts’ expectations, and concerns are rising about the effect of the dollar's recent strength against other currencies. While a stronger dollar helps limit inflation at home, it can also undercut the value of sales made abroad by U.S. companies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rupee-hits-all-time-low-of-80-why-is-it-falling-704868/\\\\\\\"\u003eRupee hits all-time low of 80; why is it falling?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The dollar's value eased a bit against other currencies Tuesday, which allayed some fears for the market. So too, counterintuitively, may have a report that showed an extreme level of pessimism among investors.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 has been flip-flopping between weekly gains and losses over the last month, after a rough run where it dropped in 10 of 11 weeks. The swings have even hit hour to hour, with early morning gains quickly evaporating by the afternoon. On Monday, an early 1% gain gave way to a 0.8% loss.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/what-is-insolvency-and-bankruptcy-code-amendment-bill-2021-703960/\\\\\\\"\u003eWhat is Insolvency and Bankruptcy Code (Amendment) Bill 2021?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Tuesday, the S\u0026amp;P 500 ended 105.84 points higher at 3,936.69. The Dow jumped 754.44 points to 31,827.05, and the Nasdaq rose 353.10 points to 11,713.15. The Russell 2000 picked up 60.91 points to 1,799.32.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Thursday, the European Central Bank is expected to raise interest rates for the first time in 11 years in hopes of knocking down high inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/china-extends-loans-for-developers-to-end-mortgage-boycott-704009/\\\\\\\"\u003eChina extends loans for developers to end mortgage boycott\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve has already raised rates three times this year and by increasing amounts each time. It will announce its next increase next week, and the only question among investors is whether it will go with another increase of 0.75 percentage points or a colossal hike of a full point.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the two-year Treasury, which tends to track expectations for Fed action, rose to 3.24% from 3.17% late Monday. The 10-year yield rose to 3.02% from 2.96%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Delaware","slug":"delaware","id":"xeD8mS8RnDcK","isSection":0},{"name":"ElonMusk","slug":"elonmusk","id":"gNR9NoRbCkzk","isSection":0},{"name":"IBM","slug":"ibm","id":"jt2O1BripOtp","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Science","slug":"science","id":"6RhBHV5lGAXq","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-20T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"The stock market experienced its best day in more than three weeks on Tuesday, as more companies reported their spring profits. The S\u0026P 500 rose 2.8% as a strong tide lifted 99% of the index's companies higher. The Dow Jones Industrial Average gained 2.4%, while the Nasdaq Composite gained 3.1%. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Tuesday,Smaller company stocks increased, even more, propelling the Russell 2000 index up 3.5%. Stocks have fallen approximately 20% this year due to concerns about increasing interest rates and strong inflation, putting an even harsher emphasis on how much profit companies make. If earnings continue to rise, markets will benefit greatly. However, if CEOs warn of impending problems, another drop may be on the way. Also Read| US Premarket: Cinemark, Boeing, IBM and other stocks making biggest moves,Toy company Hasbro rose 0.7% after it reported a stronger profit than analysts expected. Oilfield services provider Halliburton added 2.1% after its profit and revenue topped forecasts. Netflix jumped 8% in after-hours trading after the company reported better-than-expected results and a smaller subscriber loss than analysts had feared. Also Read| Trade Setup: Top 15 things to know before market opens on July 20, 2022,Twitter rose 2.8% after a court in Delaware agreed to quickly schedule a lawsuit that could force billionaire Elon Musk to make good on his agreement to buy the company. IBM, though, fell 5.2% despite reporting stronger revenue and earnings than expected. The company’s profit margins fell short of some analysts’ expectations, and concerns are rising about the effect of the dollar's recent strength against other currencies. While a stronger dollar helps limit inflation at home, it can also undercut the value of sales made abroad by U.S. companies. Also Read | Rupee hits all-time low of 80; why is it falling?,The dollar's value eased a bit against other currencies Tuesday, which allayed some fears for the market. So too, counterintuitively, may have a report that showed an extreme level of pessimism among investors. The S\u0026P 500 has been flip-flopping between weekly gains and losses over the last month, after a rough run where it dropped in 10 of 11 weeks. The swings have even hit hour to hour, with early morning gains quickly evaporating by the afternoon. On Monday, an early 1% gain gave way to a 0.8% loss. Also Read | What is Insolvency and Bankruptcy Code (Amendment) Bill 2021?,On Tuesday, the S\u0026P 500 ended 105.84 points higher at 3,936.69. The Dow jumped 754.44 points to 31,827.05, and the Nasdaq rose 353.10 points to 11,713.15. The Russell 2000 picked up 60.91 points to 1,799.32. On Thursday, the European Central Bank is expected to raise interest rates for the first time in 11 years in hopes of knocking down high inflation. Also Read| China extends loans for developers to end mortgage boycott,The Federal Reserve has already raised rates three times this year and by increasing amounts each time. It will announce its next increase next week, and the only question among investors is whether it will go with another increase of 0.75 percentage points or a colossal hike of a full point. The yield on the two-year Treasury, which tends to track expectations for Fed action, rose to 3.24% from 3.17% late Monday. The 10-year yield rose to 3.02% from 2.96%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Russell,Halliburton,Delaware,Elon Musk,IBM,U.S.,the S 500,Nasdaq,the European Central Bank,The Federal Reserve,Treasury,Fed","originalPublishedOn":"2022-07-20T08:45:00+05:30"}},{"node":{"id":"4L02U3khirWz","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-tuesday-9","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-tuesday-705169/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Tuesday","postType":1,"coverMedia":"/opoyi_JysYrR0ah.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-19T20:55:42+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq Composite was 147.79 points or 1.30% at 11,507.84\u003c/li\u003e\n \u003cli\u003eStocks have fallen around 20% so far this year\u003c/li\u003e\n \u003cli\u003eU.S. crude fell 1% to $98.42 per barrel\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658244339478,\\\"strCount\\\":3575,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks continued to trade higher on \u003ca href=\\\\\\\"https://opoyi.com/topics/wallstreet/\\\\\\\"\u003eWall Street\u003c/a\u003e Tuesday as more companies released their quarterly earnings reports for the second quarter.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 was 56.78 points or 1.485 to 3,887.63 as of 10:25 a.m. Eastern time zone. The Dow Jones Industrial Average was up 423.42 points or 1.36% to 31,496.03. The Nasdaq Composite was 147.79 points or 1.30% at 11,507.84.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rupee-hits-all-time-low-of-80-why-is-it-falling-704868/\\\\\\\"\u003eRupee hits all-time low of 80; why is it falling?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks have fallen around 20% so far this year amid concerns about rising interest rates and \u003ca href=\\\\\\\"https://opoyi.com/english/why-us-inflation-is-going-up-and-when-will-it-come-down\\\\\\\"\u003ehigh inflation\u003c/a\u003e, which puts an even brighter spotlight than usual on how much profit companies are making. If earnings increase, it would provide much-needed support for markets. But if CEOs warn about troubles ahead, another plunge may be on the way.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/russian-president-vladimir-putin-visits-iran-first-trip-since-ukraine-war-704903/\\\\\\\"\u003eRussian President Vladimir Putin visits Iran; first trip since Ukraine war\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Companies from various sectors are releasing their earnings reports for the second quarter, broadening out from the banks that dominated the earliest part of the reporting season. Oilfield services company Halliburton added 1.6% after it reported stronger profit and revenue for the spring than analysts expected. Health care giant \u003ca href=\\\\\\\"https://opoyi.com/topics/johnson/\\\\\\\"\u003eJohnson\u003c/a\u003e \u0026amp; Johnson added 0.9% after beating market expectations.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/house-to-vote-on-same-sex-and-interracial-marriages-push-back-against-court-704664/\\\\\\\"\u003eHouse to vote on same-sex and interracial marriages, push back against court\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"However, \u003ca href=\\\\\\\"https://opoyi.com/topics/ibm/\\\\\\\"\u003eIBM\u003c/a\u003e fell 6.6% after reporting stronger revenue and earnings beating market estimates. The company’s profit margins fell short of some analysts’ expectations amid worries about how the dollar’s strength is undercutting the value of revenue made abroad in other currencies.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/twitter-on-musk-deal-slow-walking-the-44-billion-acquisition-704593/\\\\\\\"\u003eTwitter on Musk deal: ‘slow-walking’ the $44 billion acquisition\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/crudeoil/\\\\\\\"\u003eCrude oil\u003c/a\u003e prices fell around 1%, which provided some relief across the market. According to the latest results from Bank of America’s monthly survey of global fund managers, expectations for economic growth and profits have plunged. That has them sitting on their highest cash levels since 2001 and their lowest allocations to stocks since 2008.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The European Central Bank is likely to hike interest rates for the first time in 11 years in hopes of knocking down high inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/twitter-on-musk-deal-slow-walking-the-44-billion-acquisition-704593/\\\\\\\"\u003eTwitter on Musk deal: ‘slow-walking’ the $44 billion acquisition\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/federalreserve/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e has already increased interest rates three times this year and by higher amounts each time. Next week, it will announce its next increase and the only question among investors is whether it will go with another increase of 0.75 percentage points or a monster hike of a full point.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In energy trading, benchmark U.S. crude fell 1% to $98.42 per barrel. Brent crude, the international standard, lost 1.2% to $105.04.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"BankOfAmerica","slug":"bankofamerica","id":"Dti0qsoQpIWI","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"CrudeOil","slug":"crudeoil","id":"CDdTHmgoFn2O","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Johnson","slug":"johnson","id":"HyeDGi0A2Pas","isSection":0},{"name":"IBM","slug":"ibm","id":"jt2O1BripOtp","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-19T20:55:39+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks continued to trade higher on Wall Street Tuesday as more companies released their quarterly earnings reports for the second quarter. The S\u0026P 500 was 56.78 points or 1.485 to 3,887.63 as of 10:25 a.m. Eastern time zone. The Dow Jones Industrial Average was up 423.42 points or 1.36% to 31,496.03. The Nasdaq Composite was 147.79 points or 1.30% at 11,507.84. Also Read | Rupee hits all-time low of 80; why is it falling?,Stocks have fallen around 20% so far this year amid concerns about rising interest rates and high inflation, which puts an even brighter spotlight than usual on how much profit companies are making. If earnings increase, it would provide much-needed support for markets. But if CEOs warn about troubles ahead, another plunge may be on the way. Also Read | Russian President Vladimir Putin visits Iran; first trip since Ukraine war,Companies from various sectors are releasing their earnings reports for the second quarter, broadening out from the banks that dominated the earliest part of the reporting season. Oilfield services company Halliburton added 1.6% after it reported stronger profit and revenue for the spring than analysts expected. Health care giant Johnson \u0026 Johnson added 0.9% after beating market expectations. Also Read | House to vote on same-sex and interracial marriages, push back against court,However, IBM fell 6.6% after reporting stronger revenue and earnings beating market estimates. The company’s profit margins fell short of some analysts’ expectations amid worries about how the dollar’s strength is undercutting the value of revenue made abroad in other currencies. Also Read | Twitter on Musk deal: ‘slow-walking’ the $44 billion acquisition,Crude oil prices fell around 1%, which provided some relief across the market. According to the latest results from Bank of America’s monthly survey of global fund managers, expectations for economic growth and profits have plunged. That has them sitting on their highest cash levels since 2001 and their lowest allocations to stocks since 2008. The European Central Bank is likely to hike interest rates for the first time in 11 years in hopes of knocking down high inflation. Also Read | Twitter on Musk deal: ‘slow-walking’ the $44 billion acquisition,The Federal Reserve has already increased interest rates three times this year and by higher amounts each time. Next week, it will announce its next increase and the only question among investors is whether it will go with another increase of 0.75 percentage points or a monster hike of a full point. In energy trading, benchmark U.S. crude fell 1% to $98.42 per barrel. Brent crude, the international standard, lost 1.2% to $105.04.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Johnson,Halliburton,IBM,Bank of America,The European Central Bank,The Federal Reserve,U.S.,stock market, early trade, US early trade, S\u0026P, Nasdaq, Dow jones, NASDAQ INDEX,Inflation, Federal Reserve,Quarterly earnings,Stock market, stock market news, US st","originalPublishedOn":"2022-07-19T20:55:39+05:30"}},{"node":{"id":"C4JCejltwhfU","slug":"english/us-premarket-cinemark-boeing-ibm-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-cinemark-boeing-ibm-and-other-stocks-making-biggest-moves-705103/","title":"US Premarket: Cinemark, Boeing, IBM and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"IBM warned of a $3.5 billion impact on earnings due to the strong US dollar (Photo Credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-19T19:39:59+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eCinemark shares gained 4.6% in the premarket\u003c/li\u003e\n \u003cli\u003eBoeing stock added 1.3% in the premarket\u003c/li\u003e\n \u003cli\u003eHalliburton beats top and bottom line estimates for the second quarter\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658239796912,\\\"strCount\\\":3003,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCinemark (CNK)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the movie theater operators gained 4.6% in the premarket after Morgan Stanley upgraded it to “overweight” from “equal-weight”. Morgan Stanley said the return of consumers to theatres represents a trend not reflected in the stock’s price.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/russian-president-vladimir-putin-visits-iran-first-trip-since-ukraine-war-704903/\\\\\\\"\u003eRussian President Vladimir Putin visits Iran; first trip since Ukraine war\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBoeing (BA)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock added 1.3% in premarket trading as the company is about to sell a small number of 787 Dreamliners to aircraft leasing company AerCap Holdings.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eIBM (IBM)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"IBL fell 5.9% in premarket trading despite beating top and bottom line estimates for the second quarter. \u003ca href=\\\\\\\"https://opoyi.com/topics/ibm/\\\\\\\"\u003eIBM\u003c/a\u003e warned of a $3.5 billion impact on earnings due to the strong \u003ca href=\\\\\\\"https://opoyi.com/topics/us/\\\\\\\"\u003eUS\u003c/a\u003e dollar.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/rupee-hits-all-time-low-of-80-why-is-it-falling-704868/\\\\\\\"\u003eRupee hits all-time low of 80; why is it falling?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eNCR (NCR)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"NCR jumped 11.5% in premarket action after The Wall Street Journal reported that private-equity firm Veritas Capital was in exclusive discussions to acquire the financial technology provider.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eHalliburton (HAL)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the oilfield services company added 1.8% in premarket trading after beating top and bottom line estimates for the second quarter. Profit rose nearly 41% from a year earlier as the hike in oil prices spurred a significant increase in drilling demand.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/china-extends-loans-for-developers-to-end-mortgage-boycott-704009/\\\\\\\"\u003eChina extends loans for developers to end mortgage boycott\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTruist Financial (TFC)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the banking company added 1.9% in premarket after reporting higher-than-expected profit and revenue for its latest quarter. Truist said its results showed strong loan growth and an expansion of its net interest margins.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/what-is-insolvency-and-bankruptcy-code-amendment-bill-2021-703960/\\\\\\\"\u003eWhat is Insolvency and Bankruptcy Code (Amendment) Bill 2021?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eJohnson \u0026amp; Johnson (JNJ)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The healthcare company’s stock gained 0.98% in premarket action after it reported a quarterly profit of $2.59 per share, 5 cents a share above estimates. Revenue exceeded forecasts as well. J\u0026amp;J lowered its full-year guidance, however, due to the strength of the US dollar rather than operational issues.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/twitter-on-musk-deal-slow-walking-the-44-billion-acquisition-704593/\\\\\\\"\u003eTwitter on Musk deal: ‘slow-walking’ the $44 billion acquisition\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eHasbro (HAS)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock slid 0.52% in the premarket after the toy maker beat estimates by 21 cents per share. Revenue was very slightly below forecasts. Hasbro said it continues to take measures to reduce costs, and to ensure that it has sufficient holiday season inventories. \\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"IBM","slug":"ibm","id":"jt2O1BripOtp","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"MorganStanley","slug":"morganstanley","id":"trphbcMvJH28","isSection":0},{"name":"Johnson","slug":"johnson","id":"HyeDGi0A2Pas","isSection":0},{"name":"Boeing","slug":"boeing","id":"8ruRYCUT75q1","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-19T19:39:57+05:30","publisher":0,"sourceFeed":null,"cleanText":"Cinemark (CNK),Shares of the movie theater operators gained 4.6% in the premarket after Morgan Stanley upgraded it to “overweight” from “equal-weight”. Morgan Stanley said the return of consumers to theatres represents a trend not reflected in the stock’s price. Also Read | Russian President Vladimir Putin visits Iran; first trip since Ukraine war,Boeing (BA),The stock added 1.3% in premarket trading as the company is about to sell a small number of 787 Dreamliners to aircraft leasing company AerCap Holdings. IBM (IBM),IBL fell 5.9% in premarket trading despite beating top and bottom line estimates for the second quarter. IBM warned of a $3.5 billion impact on earnings due to the strong US dollar. Also Read | Rupee hits all-time low of 80; why is it falling?,NCR (NCR),NCR jumped 11.5% in premarket action after The Wall Street Journal reported that private-equity firm Veritas Capital was in exclusive discussions to acquire the financial technology provider. Halliburton (HAL),Shares of the oilfield services company added 1.8% in premarket trading after beating top and bottom line estimates for the second quarter. Profit rose nearly 41% from a year earlier as the hike in oil prices spurred a significant increase in drilling demand. Also Read | China extends loans for developers to end mortgage boycott,Truist Financial (TFC),Shares of the banking company added 1.9% in premarket after reporting higher-than-expected profit and revenue for its latest quarter. Truist said its results showed strong loan growth and an expansion of its net interest margins. Also Read | What is Insolvency and Bankruptcy Code (Amendment) Bill 2021?,Johnson \u0026 Johnson (JNJ),The healthcare company’s stock gained 0.98% in premarket action after it reported a quarterly profit of $2.59 per share, 5 cents a share above estimates. Revenue exceeded forecasts as well. J\u0026J lowered its full-year guidance, however, due to the strength of the US dollar rather than operational issues. Also Read | Twitter on Musk deal: ‘slow-walking’ the $44 billion acquisition,Hasbro (HAS),The stock slid 0.52% in the premarket after the toy maker beat estimates by 21 cents per share. Revenue was very slightly below forecasts. Hasbro said it continues to take measures to reduce costs, and to ensure that it has sufficient holiday season inventories.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"IBM,Morgan Stanley,Johnson,Boeing,AerCap Holdings,IBL,US,Veritas Capital,Stock market, share market, US Premarket, US Stock marker, Wall Street, Nasdaq, Dow Jones,NCR, Halliburton, Truist Financial,Johnson \u0026 Johnson, Hasbro,Business news","originalPublishedOn":"2022-07-19T19:39:57+05:30"}},{"node":{"id":"7e4kGI3e63By","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-lower-on-monday","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-lower-on-monday-704603/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended lower on Monday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-19T09:00:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 32.31 points, or 0.8%, to 3,830.85\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 215.65 points, or 0.7%, to 31,072.61\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 92.37 points, or 0.8%, to 11,360.05\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 5.96 points, or 0.3%, to 1,738.42\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658196547589,\\\"strCount\\\":3441,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street finished lower Monday as an early rally faded by midafternoon, signalling a rocky start to a week full of updates on the two factors that drive stock prices: how much profit corporations make and where interest rates are headed.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/twitter-on-musk-deal-slow-walking-the-44-billion-acquisition-704593/\\\\\\\"\u003eTwitter on Musk deal: ‘slow-walking’ the $44 billion acquisition\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 dipped 0.8% after rising 1% in the early going. The index ended a five-day losing skid at the close of last week. Gains in energy producers, large retailers, and other industries reliant on consumer spending were offset by a decline in health care and technology sectors. Goldman Sachs gained after posting a better-than-expected spring profit.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/google-fined-370-million-for-repeated-content-violations-704585/\\\\\\\"\u003eGoogle fined $370 million for repeated content violations\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average dropped 0.7%, while the Nasdaq Composite dropped 0.8%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 32.31 points to 3,830.85. The Dow slid 215.65 points to 31,072.61, and the Nasdaq gave up 92.37 points to 11,360.05. The Russell 2000 index of smaller companies also fell. It dropped 5.96 points, or 0.3%, at 1,738.42.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/52b-computer-chip-bill-may-pass-as-republicans-warm-to-incentives-704574/\\\\\\\"\u003e$52B computer chip bill may pass as Republicans warm to incentives\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Earnings season kicked off last week, and banks have dominated the early part of the schedule for reporting how much they earned from April through June.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Goldman Sachs was among the latest to report, and it rallied 2.5% after its profit and revenue were better than analysts expected. Synchrony Financial rose 0.3% after it likewise topped forecasts for profit and revenue.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/5-indian-actors-who-will-make-their-international-debut-702976/\\\\\\\"\u003e5 Indian actors who will make their international debut\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bank of America closed essentially flat after it fell short of analysts' profit expectations. Despite all the worries about a possible recession, Bank of America said its customers' spending and deposits remain strong.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/what-happens-if-elon-musk-refuses-to-comply-with-delaware-courts-order-to-buy-twitter-704110/\\\\\\\"\u003eWhat happens if Elon Musk refuses to comply with Delaware court's order to buy Twitter\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In markets overseas, Hong Kong’s Hang Seng index surged 2.7% after \u003ca href=\\\\\\\"https://opoyi.com/topics/chinese/\\\\\\\"\u003eChinese\u003c/a\u003e media reported that some stalled real estate projects had resumed construction after buyers threatened to stop their mortgage payments. Stocks in \u003ca href=\\\\\\\"https://opoyi.com/topics/shanghai/\\\\\\\"\u003eShanghai\u003c/a\u003e added 1.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks also rose across much of the rest of \u003ca href=\\\\\\\"https://opoyi.com/topics/asia/\\\\\\\"\u003eAsia\u003c/a\u003e and \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e, with Germany's DAX returning 0.7%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/dr-anthony-fauci-to-quit-as-us-top-infectious-disease-expert-sets-deadline-704345/\\\\\\\"\u003eFauci to quit as US' top infectious disease expert, sets deadline\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the bond market, the yield on the 10-year Treasury rose to 2.98% from 2.96% late Friday. The two-year yield, which rose to 3.17%, is still above the 10-year yield. Some investors see that as an ominous sign that could presage a recession in a year or two.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"GoldmanSachs","slug":"goldmansachs","id":"BO8iR25KvGkA","isSection":0},{"name":"BankOfAmerica","slug":"bankofamerica","id":"Dti0qsoQpIWI","isSection":0},{"name":"HongKong","slug":"hongkong","id":"NjExvisxSkdf","isSection":0},{"name":"Chinese","slug":"chinese","id":"c3EhcN4BZ1H9","isSection":0},{"name":"Shanghai","slug":"shanghai","id":"xMXKjwe1VUvc","isSection":0},{"name":"Asia","slug":"asia","id":"QzdhnKXHT05r","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"Germany","slug":"germany","id":"OAY7kVupDf3P","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-07-19T09:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street finished lower Monday as an early rally faded by midafternoon, signalling a rocky start to a week full of updates on the two factors that drive stock prices: how much profit corporations make and where interest rates are headed. Also Read| Twitter on Musk deal: ‘slow-walking’ the $44 billion acquisition,The S\u0026P 500 dipped 0.8% after rising 1% in the early going. The index ended a five-day losing skid at the close of last week. Gains in energy producers, large retailers, and other industries reliant on consumer spending were offset by a decline in health care and technology sectors. Goldman Sachs gained after posting a better-than-expected spring profit. Also Read| Google fined $370 million for repeated content violations,The Dow Jones Industrial Average dropped 0.7%, while the Nasdaq Composite dropped 0.8%. The S\u0026P 500 fell 32.31 points to 3,830.85. The Dow slid 215.65 points to 31,072.61, and the Nasdaq gave up 92.37 points to 11,360.05. The Russell 2000 index of smaller companies also fell. It dropped 5.96 points, or 0.3%, at 1,738.42. Also Read| $52B computer chip bill may pass as Republicans warm to incentives,Earnings season kicked off last week, and banks have dominated the early part of the schedule for reporting how much they earned from April through June. Goldman Sachs was among the latest to report, and it rallied 2.5% after its profit and revenue were better than analysts expected. Synchrony Financial rose 0.3% after it likewise topped forecasts for profit and revenue. Also Read| 5 Indian actors who will make their international debut,Bank of America closed essentially flat after it fell short of analysts' profit expectations. Despite all the worries about a possible recession, Bank of America said its customers' spending and deposits remain strong. Also Read| What happens if Elon Musk refuses to comply with Delaware court's order to buy Twitter,In markets overseas, Hong Kong’s Hang Seng index surged 2.7% after Chinese media reported that some stalled real estate projects had resumed construction after buyers threatened to stop their mortgage payments. Stocks in Shanghai added 1.6%. Stocks also rose across much of the rest of Asia and Europe, with Germany's DAX returning 0.7%. Also Read| Fauci to quit as US' top infectious disease expert, sets deadline,In the bond market, the yield on the 10-year Treasury rose to 2.98% from 2.96% late Friday. The two-year yield, which rose to 3.17%, is still above the 10-year yield. Some investors see that as an ominous sign that could presage a recession in a year or two.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Goldman Sachs,Bank of America,the Nasdaq Composite,Synchrony Financial,Hong Kong,Hang Seng,Chinese,Shanghai,Asia,Europe,Germany,Treasury","originalPublishedOn":"2022-07-19T09:00:00+05:30"}},{"node":{"id":"rjfguE6LQRH5","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-significantly-higher-on-friday","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-significantly-higher-on-friday-703679/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended significantly higher on Friday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-18T08:15:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 rose 72.78 points, or 1.9%, to 3,863.16\u003c/li\u003e\n \u003cli\u003eThe Dow Jones rose 658.09 points, or 2.1%, to 31,288.26\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 201.24 points, or 1.8%, to 11,452.42\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 rose 36.87 points, or 2.2%, to 1,744.37\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1658106620919,\\\"strCount\\\":3672,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street ended a week of losses with a broad market rise on Friday, as investors hailed solid profits from major corporations as well as an upbeat survey on consumer mood and inflation predictions.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-702288/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns green in early trade on Friday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"According to a July study conducted by the University of Michigan, inflation expectations have remained stable or improved, as has general consumer mood. The result came as a great relief after numerous government studies this week revealed that consumer prices, as well as wholesale prices for businesses, remained exceptionally high in June.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/us-premarket-pinterest-wells-fargo-and-other-stocks-making-biggest-moves\\\\\\\"\u003eUS Premarket: Pinterest, Wells Fargo and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The news is particularly encouraging for investors searching for signals that the Federal Reserve may ultimately slack off its tough inflation-fighting programme.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 gained 1.9%, breaking a five-day losing trend. Still, the gains weren't enough to pull the benchmark index out of the red for the week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/gst-rate-hike-list-of-items-that-will-become-more-expensive-from-july-18-701781/\\\\\\\"\u003eGST rate hike: List of items that will become more expensive from July 18\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The \u003ca href=\\\\\\\"https://opoyi.com/topics/dow/\\\\\\\"\u003eDow\u003c/a\u003e Jones Industrial Average rose 2.1% and the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e gained 1.8%. Smaller company stocks outgained the broader market, sending the Russell 2000 index 2.2% higher. Those indexes also posted losses for the week, however.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks, banks and healthcare companies made some of the biggest gains. PayPal climbed 6.3%. UnitedHealth Group rose 5.4% after raising its profit forecast for the year following a strong earnings report. Citigroup jumped 13.2% for the biggest gain in the S\u0026amp;P 500 after reporting encouraging financial results.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields mostly fell. The yield on the 10-year Treasury slipped to 2.92% from 2.96% late Thursday. The yield on the two-year Treasury rose to 3.14% from 3.13% late Thursday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Traders have eased off of their bets that the Fed will issue a monster rate hike of 1% at its next policy meeting in two weeks. They now see a 30.9% chance of that happening, according to CME Group. That's down significantly from Thursday. They now see a 69.1% chance of three-quarters of a percentage point rate hike.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/why-us-inflation-is-going-up-and-when-will-it-come-down\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Economic data also shows that retail sales remain strong. A government report showed that retail sales rose 1% in June from May, topping economists’ expectations, while prices for everything from food to clothing rose.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow rose 658.09 points to 31,288.26 and the Nasdaq rose 201.24 points to 11,452.42. The Russell 2000 gained 36.87 points to 1,744.37.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"dow","slug":"dow","id":"QK3hkMAWGEay","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-07-18T08:15:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street ended a week of losses with a broad market rise on Friday, as investors hailed solid profits from major corporations as well as an upbeat survey on consumer mood and inflation predictions. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Friday,According to a July study conducted by the University of Michigan, inflation expectations have remained stable or improved, as has general consumer mood. The result came as a great relief after numerous government studies this week revealed that consumer prices, as well as wholesale prices for businesses, remained exceptionally high in June. Also Read| US Premarket: Pinterest, Wells Fargo and other stocks making biggest moves,The news is particularly encouraging for investors searching for signals that the Federal Reserve may ultimately slack off its tough inflation-fighting programme. The S\u0026P 500 gained 1.9%, breaking a five-day losing trend. Still, the gains weren't enough to pull the benchmark index out of the red for the week. Also Read| GST rate hike: List of items that will become more expensive from July 18,The Dow Jones Industrial Average rose 2.1% and the Nasdaq gained 1.8%. Smaller company stocks outgained the broader market, sending the Russell 2000 index 2.2% higher. Those indexes also posted losses for the week, however. Also Read| Here's what depreciating rupee means for stock markets,Technology stocks, banks and healthcare companies made some of the biggest gains. PayPal climbed 6.3%. UnitedHealth Group rose 5.4% after raising its profit forecast for the year following a strong earnings report. Citigroup jumped 13.2% for the biggest gain in the S\u0026P 500 after reporting encouraging financial results. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,Bond yields mostly fell. The yield on the 10-year Treasury slipped to 2.92% from 2.96% late Thursday. The yield on the two-year Treasury rose to 3.14% from 3.13% late Thursday. Traders have eased off of their bets that the Fed will issue a monster rate hike of 1% at its next policy meeting in two weeks. They now see a 30.9% chance of that happening, according to CME Group. That's down significantly from Thursday. They now see a 69.1% chance of three-quarters of a percentage point rate hike. Also Read| Why US inflation is going up and when will it come down,Economic data also shows that retail sales remain strong. A government report showed that retail sales rose 1% in June from May, topping economists’ expectations, while prices for everything from food to clothing rose. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,The Dow rose 658.09 points to 31,288.26 and the Nasdaq rose 201.24 points to 11,452.42. The Russell 2000 gained 36.87 points to 1,744.37.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,the University of Michigan,the Federal Reserve,Nasdaq,UnitedHealth Group,Citigroup,Fed,CME Group,Stovall,Dow,wallstreet today, nyse today, s\u0026p 500 today, nasdaq today, stock news, russell today","originalPublishedOn":"2022-07-18T08:15:00+05:30"}},{"node":{"id":"w9jYzpRJ9p9K","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-6","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-green-in-early-trade-on-friday-702288/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns green in early trade on Friday","postType":1,"coverMedia":"/opoyi_JysYrR0ah.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-15T21:26:07+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq rose 72.20 points or 0.64% to 11,323.39\u003c/li\u003e\n \u003cli\u003eHealthcare companies and banks saw some of the biggest gains\u003c/li\u003e\n \u003cli\u003eThe 10-year Treasury yield dipped to 2.94% from 2.96% late Thursday\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657900567057,\\\"strCount\\\":3348,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks were trading higher in morning trading on \u003ca href=\\\\\\\"https://opoyi.com/business/great-depression-to-covid-top-5-market-crashes-in-american-history-694865/\\\\\\\"\u003eWall Street\u003c/a\u003e Friday following a report showing consumers are still spending, despite \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-hit-91-in-june-highest-in-40-years-700349/\\\\\\\"\u003edecades high inflation\u003c/a\u003e. The gains were not enough to pull key indexes out of the slump for the week, following a series of disappointing reports that showed inflation remains high.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 rose 34.39 points or 0.91% to 3,824.77. The benchmark index is still 1.55 down for the week. The Dow Jones Industrial Average rose 347.38 points or 1.13% to 30,977.55. The Nasdaq rose 72.20 points or 0.64% to 11,323.39.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ahead-of-joe-bidens-visits-a-look-at-those-targeted-in-saudi-arabia-701868/\\\\\\\"\u003eAhead of Joe Biden's visits, a look at those targeted in Saudi Arabia\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Healthcare companies and banks saw some of the biggest gains. UnitedHealth Group surged 4.3% after raising its profit outlook for the year following a strong earnings report. Citigroup climbed 8.7% after reporting strong financial results.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Bond yields fell. The 10-year Treasury yield dipped to 2.94% from 2.96% late Thursday. Inflation and its impact on businesses and consumers remain a key concern for investors. According to a government report, retail sales grew 1% in June from May, beating economists’ expectations even as prices for everything from food to clothing increased.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/whats-causing-spicejets-multiple-mid-air-turbulences\\\\\\\"\u003eWhat's causing Spicejet's multiple mid-air turbulences?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The encouraging retail sales report follows reports earlier this week showing that inflation remains extremely hot. It also shows a mixed picture for investors who are closely watching how the \u003ca href=\\\\\\\"https://opoyi.com/usa/federal-reserve-hikes-rate-75bps-highest-since-1994-679791/\\\\\\\"\u003eFederal Reserve\u003c/a\u003e deals with rising inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed has been raising the interest rate in a bid to slow down the economy and curb rising inflation. A strong retail sales report means that it will remain aggressive with its rate hikes. The central bank has already raised rates three times this year and traders expect another big hike at its meeting later this month.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/heres-what-depreciating-rupee-mean-for-stock-markets-701879/\\\\\\\"\u003eHere's what depreciating rupee means for stock markets\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is concerned that the Fed could go too far in increasing rates and bring on a recession. While positive economic data is encouraging, weaker reports could give the Fed more reason to ease up on rate hikes, potentially lowering the risk of pushing the economy into a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/from-an-actor-to-investor-all-companies-priyanka-chopra-has-invested-in-701947/\\\\\\\"\u003eFrom an actor to investor: All companies Priyanka Chopra has invested in\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors have been watching the latest round of corporate earnings to gain a clearer picture of inflation's impact on businesses. Banks kicked things off with mixed results this week. Several big firms are on deck for next week, including \u003ca href=\\\\\\\"https://opoyi.com/topics/johnson/\\\\\\\"\u003eJohnson\u003c/a\u003e \u0026amp; Johnson, Netflix, United Airlines, and Twitter.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Johnson","slug":"johnson","id":"HyeDGi0A2Pas","isSection":0},{"name":"UnitedAirlines","slug":"unitedairlines","id":"1SoKYbnQo3Ye","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-15T21:26:05+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks were trading higher in morning trading on Wall Street Friday following a report showing consumers are still spending, despite decades high inflation. The gains were not enough to pull key indexes out of the slump for the week, following a series of disappointing reports that showed inflation remains high. The S\u0026P 500 rose 34.39 points or 0.91% to 3,824.77. The benchmark index is still 1.55 down for the week. The Dow Jones Industrial Average rose 347.38 points or 1.13% to 30,977.55. The Nasdaq rose 72.20 points or 0.64% to 11,323.39. Also Read | Ahead of Joe Biden's visits, a look at those targeted in Saudi Arabia,Healthcare companies and banks saw some of the biggest gains. UnitedHealth Group surged 4.3% after raising its profit outlook for the year following a strong earnings report. Citigroup climbed 8.7% after reporting strong financial results. Bond yields fell. The 10-year Treasury yield dipped to 2.94% from 2.96% late Thursday. Inflation and its impact on businesses and consumers remain a key concern for investors. According to a government report, retail sales grew 1% in June from May, beating economists’ expectations even as prices for everything from food to clothing increased. Also Read | What's causing Spicejet's multiple mid-air turbulences?,The encouraging retail sales report follows reports earlier this week showing that inflation remains extremely hot. It also shows a mixed picture for investors who are closely watching how the Federal Reserve deals with rising inflation. The Fed has been raising the interest rate in a bid to slow down the economy and curb rising inflation. A strong retail sales report means that it will remain aggressive with its rate hikes. The central bank has already raised rates three times this year and traders expect another big hike at its meeting later this month. Also Read | Here's what depreciating rupee means for stock markets,Wall Street is concerned that the Fed could go too far in increasing rates and bring on a recession. While positive economic data is encouraging, weaker reports could give the Fed more reason to ease up on rate hikes, potentially lowering the risk of pushing the economy into a recession. Also Read | From an actor to investor: All companies Priyanka Chopra has invested in,Investors have been watching the latest round of corporate earnings to gain a clearer picture of inflation's impact on businesses. Banks kicked things off with mixed results this week. Several big firms are on deck for next week, including Johnson \u0026 Johnson, Netflix, United Airlines, and Twitter.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Johnson,UnitedHealth Group,Citigroup,Treasury,the Federal Reserve,United Airlines,US early trade, US stock market, US Share market, Nasdaq, Dow Jones, S\u0026P 500,US inflation, US news, US business news ,Bond yields","originalPublishedOn":"2022-07-15T21:26:05+05:30"}},{"node":{"id":"UB0aVX2sImpo","slug":"english/us-premarket-pinterest-wells-fargo-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-pinterest-wells-fargo-and-other-stocks-making-biggest-moves-702116/","title":"US Premarket: Pinterest, Wells Fargo and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Well Fargo reported quarterly earnings of 74 cents per share (Photo Credit: Representational/Unsplash)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-15T19:02:54+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003ePinterest's share price surged 15.9% in premarket trading\u003c/li\u003e\n \u003cli\u003eBlackRock fell 1% after it reported adjusted earnings of $7.90\u003c/li\u003e\n \u003cli\u003eUnitedHealth's quarterly earnings and revenue exceeded forecasts\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657891973856,\\\"strCount\\\":3072,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eWells Fargo (WFC)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The stock fell 1% in premarket action after the bank reported quarterly earnings of 74 cents per share, which included an 8-cent equity impairment charge, against a consensus estimate of 80 cents. Revenue fell short of Wall Street forecasts during the quarter. Wells Fargo’s profit declined from a year ago as it reserved more money to cover possible bad loans.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/from-an-actor-to-investor-all-companies-priyanka-chopra-has-invested-in-701947/\\\\\\\"\u003eFrom an actor to investor: All companies Priyanka Chopra has invested in\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003ePinterest (PINS)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the image-sharing company soared 15.9% in premarket trading after the Wall Street Journal reported that activist investor Elliot Management became a major stakeholder, accumulating a more than 9% stake.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/ahead-of-joe-bidens-visits-a-look-at-those-targeted-in-saudi-arabia-701868/\\\\\\\"\u003eAhead of Joe Biden's visits, a look at those targeted in Saudi Arabia\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eBlackRock (BLK)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the asset management firm fell 1% in the premarket after it reported adjusted earnings of $7.90, with revenue also falling short of forecasts. Profit declined 30% from a year ago amid the global market turmoil that discouraged investors.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-prices-surge-ahead-of-expected-us-fed-interest-rate-hike-701692/\\\\\\\"\u003eOil prices surge ahead of expected US Fed interest rate hike\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eUnitedHealth (UNH)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the health insurance company rose 1.7% in the premarket after its quarterly earnings and revenue exceeded forecasts and raised its full-year outlook. United Health’s results were supported in part by a strong performance at its Optum health care services unit.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/sri-lanka-crisis-what-is-gotabaya-rajapaksas-final-destination-701672/\\\\\\\"\u003eSri Lanka crisis: What is Gotabaya Rajapaksa's final destination?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eRio Tinto (RIO) \u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The mining company’s shares declined 1.7% in premarket action after it warned that labor shortages in \u003ca href=\\\\\\\"https://opoyi.com/topics/australia/\\\\\\\"\u003eAustralia\u003c/a\u003e would impact its second-quarter earnings.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/jan-6-hearing-secret-service-deleted-text-messages-regarding-capitol-riots-701642/\\\\\\\"\u003eJan 6 hearing: Secret Service deleted text messages regarding Capitol riots\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eVertical Aerospace (EVTL)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The electric aviation vehicles maker’s stock surged 13.1% in premarket action after it announced a 50-vehicle order from European business jet operator FLYINGGROUP.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/twitter-vs-musk-at-delaware-chancery-court-all-you-need-to-know-701636/\\\\\\\"\u003eTwitter vs Musk at Delaware Chancery Court: All you need to know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eSolar stocks\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks in solar-related companies fell in premarket trading after Democratic Sen. Joe Manchin said he would not support new climate change funding bills. Sunrun (RUN) fell 7.6%, SunPower (SPWR) shed 5%, SolarEdge Technologies (SEDG) declined 3.7% and First Solar (FSLR) slid 3.1%.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Pinterest","slug":"pinterest","id":"y99ywzQVWTAA","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Australia","slug":"australia","id":"GHNRwuPQRAbw","isSection":0},{"name":"JoeManchin","slug":"joemanchin","id":"NJL8OrfqowPs","isSection":0}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-15T19:02:01+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wells Fargo (WFC),The stock fell 1% in premarket action after the bank reported quarterly earnings of 74 cents per share, which included an 8-cent equity impairment charge, against a consensus estimate of 80 cents. Revenue fell short of Wall Street forecasts during the quarter. Wells Fargo’s profit declined from a year ago as it reserved more money to cover possible bad loans. Also Read | From an actor to investor: All companies Priyanka Chopra has invested in,Pinterest (PINS),Shares of the image-sharing company soared 15.9% in premarket trading after the Wall Street Journal reported that activist investor Elliot Management became a major stakeholder, accumulating a more than 9% stake. Also Read | Ahead of Joe Biden's visits, a look at those targeted in Saudi Arabia,BlackRock (BLK),Shares of the asset management firm fell 1% in the premarket after it reported adjusted earnings of $7.90, with revenue also falling short of forecasts. Profit declined 30% from a year ago amid the global market turmoil that discouraged investors. Also Read | Oil prices surge ahead of expected US Fed interest rate hike,UnitedHealth (UNH),Shares of the health insurance company rose 1.7% in the premarket after its quarterly earnings and revenue exceeded forecasts and raised its full-year outlook. United Health’s results were supported in part by a strong performance at its Optum health care services unit. Also Read | Sri Lanka crisis: What is Gotabaya Rajapaksa's final destination?,Rio Tinto (RIO) ,The mining company’s shares declined 1.7% in premarket action after it warned that labor shortages in Australia would impact its second-quarter earnings. Also Read | Jan 6 hearing: Secret Service deleted text messages regarding Capitol riots,Vertical Aerospace (EVTL),The electric aviation vehicles maker’s stock surged 13.1% in premarket action after it announced a 50-vehicle order from European business jet operator FLYINGGROUP. Also Read | Twitter vs Musk at Delaware Chancery Court: All you need to know,Solar stocks,Stocks in solar-related companies fell in premarket trading after Democratic Sen. Joe Manchin said he would not support new climate change funding bills. Sunrun (RUN) fell 7.6%, SunPower (SPWR) shed 5%, SolarEdge Technologies (SEDG) declined 3.7% and First Solar (FSLR) slid 3.1%.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Premarket, US premarket, Nasdaq, Stock market, US Stock market,Elliot Management,Wells Fargo,SolarEdge Technologies,BlackRock,United Health,Rio Tinto,Australia,Vertical Aerospace (EVTL,European,Democratic,Joe Manchin,Business News, US business news","originalPublishedOn":"2022-07-15T19:02:01+05:30"}},{"node":{"id":"WeQwcZdOl6RJ","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-thursday","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-thursday-701669/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended mixed on Thursday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-15T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 11.40 points, or 0.3%, to 3,790.38\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 142.62 points, or 0.5%, to 30,630.17\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 3.60 points, less than 0.1%, to 11,251.19\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 18.53 points, or 1.1%, to 1,707.51\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657848501771,\\\"strCount\\\":3616,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks ended widely lower on Wall Street Thursday as JPMorgan Chase started the recent round of corporate earnings for big banks with poor results and a warning about the economy.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/donald-trump-wives-who-was-former-us-president-married-to-701609/\\\\\\\"\u003eDonald Trump wives: Who was former US president married to?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is also analysing the most recent government statistics, which show that inflation remains high and shows little signs of abating, even as central banks try to ease their hold on companies and consumers by raising interest rates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/uvalde-texas-governor-says-video-shocking-account-of-police-response-701640/\\\\\\\"\u003eUvalde: Texas governor says video 'shocking' account of police response\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 slid 11.40 points, or 0.3%, to 3,790.38. In the benchmark index, nearly three out of every four equities closed in the red. To 30,630.17, the Dow Jones Industrial Average lost 142.62 points or 0.5%. The Nasdaq Composite Index climbed 3.60 points, or less than 0.1%, to 11,251.19.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/who-is-errol-musk-701539/\\\\\\\"\u003eWho is Errol Musk, Elon's father?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Banks had some of the biggest losses and weighed heavily on the market. JPMorgan Chase fell 3.5% after reporting a sharp drop in earnings for its latest quarter, falling short of forecasts.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation and the Federal Reserve's fight against it remain key concerns for Wall Street. Inflation at the wholesale level climbed 11.3% in June compared with a year earlier. It is the latest painful reminder that inflation is running hot, following a report on Wednesday that showed prices at the consumer level were 9.1% higher last month than a year earlier.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/twitter-vs-musk-at-delaware-chancery-court-all-you-need-to-know-701636/\\\\\\\"\u003eTwitter vs Musk at Delaware Chancery Court: All you need to know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Pervasive inflation has been squeezing businesses and consumers for months. More importantly for Wall Street, it prompted an aggressive reversal for the Fed on its interest rate policy. The central bank is now raising rates in an effort to slow economic growth and cool inflation, but that has raised concerns that it could go too far and actually cause a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Small-company stocks fell more than the broader market, in another signal that investors are worried about economic growth. The Russell 2000 fell 18.53 points, or 1.1%, to 1,707.51.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/usa/ivana-trumps-four-husbands-everything-we-know-701627/\\\\\\\"\u003eIvana Trump's four husbands: Everything we know\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several big technology companies rose and helped offset some of the losses elsewhere in the market. \u003ca href=\\\\\\\"https://opoyi.com/topics/apple/\\\\\\\"\u003eApple\u003c/a\u003e rose 2%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The yield on the 10-year Treasury, which affects mortgage rates, rose to 2.96% from 2.90% late Thursday. It remains lower than the two-year Treasury, which is at 3.12%. That's a relatively rare occurrence, and some investors see it as an ominous signal of a potential recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/entertainment/sushmita-sen-relationship-timeline-from-vikram-bhatt-to-lalit-modi-701443/\\\\\\\"\u003eSushmita Sen relationship timeline: From Vikram Bhatt to Lalit Modi\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Concerns about the Fed's rate hikes have prompted Bank of America to forecast a mild recession hitting the economy in the second half of the year and more pain for traders. The benchmark S\u0026amp;P 500 index has already slumped into a bear market, down 20% from its most recent high in January, and likely hasn't hit bottom yet, according to the bank.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Apple","slug":"apple","id":"EDjrcdPuhPoT","isSection":0},{"name":"BankOfAmerica","slug":"bankofamerica","id":"Dti0qsoQpIWI","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-15T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks ended widely lower on Wall Street Thursday as JPMorgan Chase started the recent round of corporate earnings for big banks with poor results and a warning about the economy. Also Read| Donald Trump wives: Who was former US president married to?,Wall Street is also analysing the most recent government statistics, which show that inflation remains high and shows little signs of abating, even as central banks try to ease their hold on companies and consumers by raising interest rates. Also Read| Uvalde: Texas governor says video 'shocking' account of police response,The S\u0026P 500 slid 11.40 points, or 0.3%, to 3,790.38. In the benchmark index, nearly three out of every four equities closed in the red. To 30,630.17, the Dow Jones Industrial Average lost 142.62 points or 0.5%. The Nasdaq Composite Index climbed 3.60 points, or less than 0.1%, to 11,251.19. Also Read| Who is Errol Musk, Elon's father?,Banks had some of the biggest losses and weighed heavily on the market. JPMorgan Chase fell 3.5% after reporting a sharp drop in earnings for its latest quarter, falling short of forecasts. ,Inflation and the Federal Reserve's fight against it remain key concerns for Wall Street. Inflation at the wholesale level climbed 11.3% in June compared with a year earlier. It is the latest painful reminder that inflation is running hot, following a report on Wednesday that showed prices at the consumer level were 9.1% higher last month than a year earlier. Also Read| Twitter vs Musk at Delaware Chancery Court: All you need to know,Pervasive inflation has been squeezing businesses and consumers for months. More importantly for Wall Street, it prompted an aggressive reversal for the Fed on its interest rate policy. The central bank is now raising rates in an effort to slow economic growth and cool inflation, but that has raised concerns that it could go too far and actually cause a recession. Small-company stocks fell more than the broader market, in another signal that investors are worried about economic growth. The Russell 2000 fell 18.53 points, or 1.1%, to 1,707.51. Also Read| Ivana Trump's four husbands: Everything we know,Several big technology companies rose and helped offset some of the losses elsewhere in the market. Apple rose 2%. The yield on the 10-year Treasury, which affects mortgage rates, rose to 2.96% from 2.90% late Thursday. It remains lower than the two-year Treasury, which is at 3.12%. That's a relatively rare occurrence, and some investors see it as an ominous signal of a potential recession. Also Read| Sushmita Sen relationship timeline: From Vikram Bhatt to Lalit Modi,Concerns about the Fed's rate hikes have prompted Bank of America to forecast a mild recession hitting the economy in the second half of the year and more pain for traders. The benchmark S\u0026P 500 index has already slumped into a bear market, down 20% from its most recent high in January, and likely hasn't hit bottom yet, according to the bank.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"JPMorgan Chase,Fed,Treasury,the Federal Reserve's,Russell,Apple,Bank of America","originalPublishedOn":"2022-07-15T08:45:00+05:30"}},{"node":{"id":"lAVetC0PxG0t","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-wednesday-6","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-wednesday-700794/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Wednesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-14T08:30:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 17.02 points, or 0.4%, to 3,801.78\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 208.54 points, or 0.7%, to 30,772.79\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 17.15 points, or 0.2%, to 11,247.58\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 2.15 points, or 0.1%, to 1,726.04\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657761866434,\\\"strCount\\\":4368,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks finished another rough day on Wall Street with further losses on Wednesday, as highly anticipated inflation data came in worse than predicted.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"After falling as much as 1.6% earlier, the S\u0026amp;P 500 finished 0.4% down, its fourth straight loss. The Dow Jones Industrial Average sank 0.7%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e Composite dipped 0.2%, wiping up nearly all of a 2.1% loss.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-wednesday-700538/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Wednesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"As has become the norm on Wall Street this volatile year, markets made a couple of U-turns during the morning. They were following the lead of Treasury yields in the bond market, which originally rose on predictions that Federal Reserve officials would substantially raise interest rates to control the country's surging inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Inflation and the Federal Reserve’s response to it have been at the centre of Wall Street’s sell-off this year. Wednesday’s discouraging data showed that inflation is not only still very high, but it’s also getting worse.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/euro-falls-below-dollar-parity-after-us-inflation-spike-700465/\\\\\\\"\u003eEuro falls below dollar parity after US inflation spike\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Prices at the consumer level were 9.1% higher last month than a year earlier, accelerating from May’s 8.6% inflation level. That was also worse than economists’ expectations of 8.8%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Fed’s main tool to combat inflation is to raise short-term interest rates, which it has already done three times this year. After Wednesday’s inflation report, traders now see it as a lock that the Federal Reserve will hike its key interest rate by at least three-quarters of a percentage point at its next meeting in two weeks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"That would match its most recent increase, which was the biggest since 1994. A growing number of traders are even suggesting the Fed will go for a monster hike of a full percentage point.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Traders are betting on a 67.8% chance of a full-point hike, up from zero a month ago, according to CME Group.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The risk is that rate hikes are a notoriously blunt tool, one that takes a long time for the full effects to be felt. If the Fed ends up too aggressive with them, it could cause a recession. In the meantime, higher rates push down on prices of all kinds of investments.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/why-us-inflation-is-going-up-and-when-will-it-come-down\\\\\\\"\u003eWhy US inflation is going up and when will it come down\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"All told, the S\u0026amp;P 500 fell 17.02 points to 3,801.78. The Dow dropped 208.54 points to 30,772.79, and the Nasdaq lost 17.15 points to 11,247.58.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks also lost ground. The Russell 2000 slipped 2.15 points, or 0.1%, to 1,726.04.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the bond market, the two-year Treasury yield rose to 3.13% from 3.05% late Tuesday. It tends to follow expectations for Fed action, and it got as high as 3.22% immediately after the release of the inflation report.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-hit-91-in-june-highest-in-40-years-700349/\\\\\\\"\u003eUS inflation hits 9.1% in June, highest in 40 years\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"It remains higher than the 10-year yield, which fell to 2.91%, down from 2.95% on late Tuesday. That's a relatively rare occurrence, and some investors see it as an ominous signal of a potential recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The inflation data also sent immediate jolts into stock markets across \u003ca href=\\\\\\\"https://opoyi.com/topics/europe/\\\\\\\"\u003eEurope\u003c/a\u003e and for gold, with prices for all of them weakening after the report's release. U.S. gold for August delivery ended up settling 0.6% higher.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/impact-of-us-feds-biggest-rate-hike-since-1994-on-india-680094/\\\\\\\"\u003eImpact of US Feds' biggest rate hike since 1994 on India\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Delta Air Lines fell 5% after it reported a weaker profit for the spring than analysts expected. High prices for jet fuel and a spate of cancelled flights in May and June dragged on its results.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Big banks and financial companies are coming up next, as the reporting season gets going for profits made from April through June.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Europe","slug":"europe","id":"v2KXw3fOql0S","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"DeltaAirlines","slug":"deltaairlines","id":"EOfLJtKFFaXq","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-14T08:30:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks finished another rough day on Wall Street with further losses on Wednesday, as highly anticipated inflation data came in worse than predicted. After falling as much as 1.6% earlier, the S\u0026P 500 finished 0.4% down, its fourth straight loss. The Dow Jones Industrial Average sank 0.7%, while the Nasdaq Composite dipped 0.2%, wiping up nearly all of a 2.1% loss. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Wednesday,As has become the norm on Wall Street this volatile year, markets made a couple of U-turns during the morning. They were following the lead of Treasury yields in the bond market, which originally rose on predictions that Federal Reserve officials would substantially raise interest rates to control the country's surging inflation. Inflation and the Federal Reserve’s response to it have been at the centre of Wall Street’s sell-off this year. Wednesday’s discouraging data showed that inflation is not only still very high, but it’s also getting worse. Also Read| Euro falls below dollar parity after US inflation spike,Prices at the consumer level were 9.1% higher last month than a year earlier, accelerating from May’s 8.6% inflation level. That was also worse than economists’ expectations of 8.8%. The Fed’s main tool to combat inflation is to raise short-term interest rates, which it has already done three times this year. After Wednesday’s inflation report, traders now see it as a lock that the Federal Reserve will hike its key interest rate by at least three-quarters of a percentage point at its next meeting in two weeks. Also Read| US inflation rate at a 40-year high | A timeline: 1930-2022,That would match its most recent increase, which was the biggest since 1994. A growing number of traders are even suggesting the Fed will go for a monster hike of a full percentage point. Traders are betting on a 67.8% chance of a full-point hike, up from zero a month ago, according to CME Group. The risk is that rate hikes are a notoriously blunt tool, one that takes a long time for the full effects to be felt. If the Fed ends up too aggressive with them, it could cause a recession. In the meantime, higher rates push down on prices of all kinds of investments. Also Read| Why US inflation is going up and when will it come down,All told, the S\u0026P 500 fell 17.02 points to 3,801.78. The Dow dropped 208.54 points to 30,772.79, and the Nasdaq lost 17.15 points to 11,247.58. Smaller company stocks also lost ground. The Russell 2000 slipped 2.15 points, or 0.1%, to 1,726.04. In the bond market, the two-year Treasury yield rose to 3.13% from 3.05% late Tuesday. It tends to follow expectations for Fed action, and it got as high as 3.22% immediately after the release of the inflation report. Also Read| US inflation hits 9.1% in June, highest in 40 years,It remains higher than the 10-year yield, which fell to 2.91%, down from 2.95% on late Tuesday. That's a relatively rare occurrence, and some investors see it as an ominous signal of a potential recession. The inflation data also sent immediate jolts into stock markets across Europe and for gold, with prices for all of them weakening after the report's release. U.S. gold for August delivery ended up settling 0.6% higher. Also Read| Impact of US Feds' biggest rate hike since 1994 on India,Delta Air Lines fell 5% after it reported a weaker profit for the spring than analysts expected. High prices for jet fuel and a spate of cancelled flights in May and June dragged on its results. Big banks and financial companies are coming up next, as the reporting season gets going for profits made from April through June.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Fed,Treasury,the Federal Reserve,the S 500,the Nasdaq Composite,Federal Reserve,CME Group,Nasdaq,Russell,Europe,U.S.,Delta Air Lines","originalPublishedOn":"2022-07-14T08:30:00+05:30"}},{"node":{"id":"c9hrllwlvNx3","slug":"english/elon-musks-twitter-takeover-a-complete-timeline-of-events","slugV2":"business/elon-musks-twitter-takeover-a-complete-timeline-of-events-234555/","title":"Elon Musk's Twitter takeover: A complete timeline of events","postType":1,"coverMedia":"/opoyi_Nud7KkKRW.jpg","coverCaption":"FILE - Tesla and SpaceX CEO Elon Musk arrives on the red carpet for the Axel Springer media award. (Photo Credit: Associated Press)","reactionStats":"{\"sad_count\": 0, \"like_count\": 1.0, \"angry_count\": 0, \"laugh_count\": 0, \"heartbreak_count\": 0}","updatedOn":"2022-07-13T11:00:01+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eMusk pulled out of the takeover deal in early July\u003c/li\u003e\n \u003cli\u003eTwitter filed a lawsuit against Musk after he backed out of the deal\u003c/li\u003e\n \u003cli\u003eMusk also owns companies like Tesla and SpaceX\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":1,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657689318022,\\\"strCount\\\":8504,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/india/who-is-elon-musk-tesla-ceo-who-posted-edit-button-poll-on-twitter-346948/\\\\\\\"\u003eElon Musk\u003c/a\u003e's bid to take over social media giant Twitter collapsed earlier this month. The platform has now \u003ca href=\\\\\\\"https://opoyi.com/technology/why-is-elon-musk-backing-out-of-twitter-deal-699930/\\\\\\\"\u003efiled a lawsuit\u003c/a\u003e against the Tesla CEO, attempting to reverse his decision to pull out of the deal months after it was finalised.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Here is a complete timeline of events:\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"January 31, 2022: Musk started off by buying shares of the microblogging platform, however, it was done secretly for some time at least. After accumulating 5% of the share, Musk was obligated to reveal his transactions to the United States Securities Exchange Commission. He ultimately failed to do so on time.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"April 4: Elon Musk's holding of Twitter shares is revealed. At this point, the Tesla and SpaceX boss has a 9.2% of stake in the company -- the largest any shareholder has. All this while Musk had been slamming Twitter's policies and bringing forward what he thought were shortcomings.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Later on April 4: Elon Musk, for the first time publicly, showed interest in changing Twitter policies and features. He posted a poll, asking his followers if an\u003ca href=\\\\\\\"https://opoyi.com/business/twitters-edit-button-in-the-making-but-not-related-to-elon-musks-poll-471824/\\\\\\\"\u003e \\\\\\\"edit button\\\\\\\" feature should be rolled out.\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"He was also asked to join the board of directors of Twitter on the same day.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"April 9: \u003ca href=\\\\\\\"https://opoyi.com/world/elon-musk-wont-join-twitter-board-of-directors-ceo-parag-agrawal-214077/\\\\\\\"\u003eElon Musk rejected Twitter's invite \u003c/a\u003efor him to join the board of directors. While he did not say much about his decision, he continued suggesting new policy changes. Musk suggested \\\\\\\"blue-ticking\\\\\\\" every user who signs up for Twitter Blue, a subscription feature.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"April 11: Musk started shedding responsibility days after he rejected the board of directors seat. After filing a fresh SEC form, he allowed himself to buy as many shares of the company and also distanced himself from acting in favour of the company. Current \u003ca href=\\\\\\\"https://opoyi.com/india/who-is-parag-agrawal-613118/\\\\\\\"\u003eTwitter CEO Parag Agarwal\u003c/a\u003e signals distress among the employees.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"April 14: Elon Musk announced that he has offered a buyout option to Twitter, a cash deal valued at\u0026nbsp;$43 billion. While Musk said he would take the company private, the offer would stand at $54.20 a share, a 54% premium over the price when he started building his stake in January, according to reports from Bloomberg.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"April 15: In order to stave off Musk's takeover of Twitter, the company said it has a \u003ca href=\\\\\\\"https://opoyi.com/business/why-is-twitter-swallowing-a-poison-pill-to-stop-getting-eaten-up-by-musk-575151/\\\\\\\"\u003e\\\\\\\"poison pill\\\\\\\"\u003c/a\u003e. This was described as\u0026nbsp;a rights plan that allows shareholders to purchase shares at a discount if any shareholder exceeds 15% ownership.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"April 21: Musk said he is ready to put\u0026nbsp;$46.5 billion on the table after he reportedly \\\\\\\"secured the funding\\\\\\\". A filing with the SEC shows that he has $25.5 billion in debt financing from Morgan Stanley and other financial institutions, Bloomberg reported.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"April 26: Twitter's board of directors agreed to a takeover of the company after cracking a deal worth roughly $44 billion.\u0026nbsp;Musk said in a joint statement with Twitter that he wants to make the service “better than ever” with new features while getting rid of automated \\\\\\\"spam'' accounts and making its algorithms open to the public to increase trust.\u003cbr\u003eApril 29: In what seems like an attempt to raise funds for the twitter buy-out, \u003ca href=\\\\\\\"https://opoyi.com/usa/will-elon-musk-have-to-sell-tesla-stock-to-buy-twitter-459476/\\\\\\\"\u003eMusk offloads Tesla Inc.\u003c/a\u003e stocks worth $4.5 billion, as per filings which brings the total value of Tesla shares sold to $8.5 billion, numbering in excess of 5 million shares.\u003cbr\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"May 4: Musk rounds up another \u003ca href=\\\\\\\"https://opoyi.com/science/elon-musk-raises-465-billion-in-funding-to-buy-twitter-report-634444/\\\\\\\"\u003e$7 billion in financing from multiple sources\u003c/a\u003e. They include Oracle founder Larry Ellison, cryptocurrency firm Binance and venture capital firm Sequoia Capital. He also received assurance from the Saudi prince Alwaleed bin Talal, who agreed to offload his nearly 35 million shares, worth $1.9 billion at $54.20 per share. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"May 6: In a pitch to investors, Musk vows to \u003ca href=\\\\\\\"https://opoyi.com/business/elon-musk-aims-to-increase-twitter-annual-revenue-five-fold-to-26-billion-by-2028-411224/\\\\\\\"\u003equintuple Twitter's revenues to $26.4 billion by 2028\u003c/a\u003e. In addition, Musk predicts a rise to 931 million users from the present tally of 217 million in the same period. To achieve this, he aims to reduce the platform's reliance on advertisement revenue while seeking to boost subscription revenues and their payments business. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"May 10: In keeping with his free speech rhetoric, Musk promises to reinstate Donald Trump's Twitter account, reversing a perma-ban imposed in January 2021. This has received a \u003ca href=\\\\\\\"https://opoyi.com/usa/jack-dorsey-on-elon-musks-plan-to-let-donald-trump-return-to-twitter-permanent-bans-wrong-638982/\\\\\\\"\u003evote of approval from ex-Twitter CEO, Jack Dorsey\u003c/a\u003e.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"May 12: Twitter CEO Parag Agarwal suspends all new hirings while introducing other cost-reduction measures amidst uncertainty over its sale. As a consequence, the company may rescind offers to new joiners. In addition, Twitter also laid off two top executives: \u003ca href=\\\\\\\"https://opoyi.com/business/who-is-kayvon-beykpour-147715/\\\\\\\"\u003eKayvon Beykpour\u003c/a\u003e, Head of Consumer Products, who was on paternity leave and \u003ca href=\\\\\\\"https://opoyi.com/business/who-is-bruce-falck-658660/\\\\\\\"\u003eBruce Falck\u003c/a\u003e, revenue product lead. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"May 13: Musk \u003ca href=\\\\\\\"https://opoyi.com/business/44-billion-twitter-deal-temporarily-on-hold-tweets-elon-musk-101329/\\\\\\\"\u003etweets that the deal is on hold\u003c/a\u003e due to Twitter's inability to conclusively prove that the total number of \u003ca href=\\\\\\\"https://opoyi.com/usa/why-has-nigeria-banned-twitter-612146/\\\\\\\"\u003espam and fake users\u003c/a\u003e on the platform \u003ca href=\\\\\\\"https://opoyi.com/business/twitter-ceo-confident-of-low-spam-user-count-after-elon-musk-put-deal-on-hold-179102/\\\\\\\"\u003enumber less than 5% of its users\u003c/a\u003e. Twitter's stocks respond terribly to the news, plummeting considerably. Musk assures shareholders in a later tweet, stating that he is 'still committed' to the purchase.\\\"}},{\\\"type\\\":\\\"embed\\\",\\\"data\\\":{\\\"service\\\":\\\"others\\\",\\\"source\\\":\\\"\u003cdiv class=\\\\\\\"others-embed\\\\\\\"\u003e\u003cblockquote class=\\\\\\\"twitter-tweet\\\\\\\"\u003e\u003cp lang=\\\\\\\"en\\\\\\\" dir=\\\\\\\"ltr\\\\\\\"\u003eStill committed to acquisition\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\\\\\\\"https://twitter.com/elonmusk/status/1525080945274998785?ref_src=twsrc%5Etfw\\\\\\\"\u003eMay 13, 2022\u003c/a\u003e\u003c/blockquote\u003e \u003cscript async src=\\\\\\\"https://platform.twitter.com/widgets.js\\\\\\\" charset=\\\\\\\"utf-8\\\\\\\"\u003e\u003c/script\u003e\u003c/div\u003e\\\",\\\"embed\\\":\\\"\u003cdiv class=\\\\\\\"others-embed\\\\\\\"\u003e\u003cblockquote class=\\\\\\\"twitter-tweet\\\\\\\"\u003e\u003cp lang=\\\\\\\"en\\\\\\\" dir=\\\\\\\"ltr\\\\\\\"\u003eStill committed to acquisition\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\\\\\\\"https://twitter.com/elonmusk/status/1525080945274998785?ref_src=twsrc%5Etfw\\\\\\\"\u003eMay 13, 2022\u003c/a\u003e\u003c/blockquote\u003e \u003cscript async src=\\\\\\\"https://platform.twitter.com/widgets.js\\\\\\\" charset=\\\\\\\"utf-8\\\\\\\"\u003e\u003c/script\u003e\u003c/div\u003e\\\",\\\"caption\\\":\\\"\\\",\\\"aspectRatio\\\":null}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"May 14: Musk tweets that Twitter's legal team has accused him of being in violation of a non-disclosure agreement. By disclosing that the sample size for automated user checks on the platform numbers a measly 100, Musk drew the ire of lawyers representing the San Francisco based company, much to his amusement, dismay or lord knows what!\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"May 16: Musk and Twitter CEO \u003ca href=\\\\\\\"https://opoyi.com/business/will-parag-agrawal-continue-to-head-twitter-after-elon-musk-takeover-667789/\\\\\\\"\u003eParag Agarwal\u003c/a\u003e duke it out on err...Twitter over the presence of bot accounts. While Agarwal was at pains to explain the intricacies of the issue, Musk responded with a poop emoji, adding to the absurdity of the whole affair.\\\"}},{\\\"type\\\":\\\"embed\\\",\\\"data\\\":{\\\"service\\\":\\\"others\\\",\\\"source\\\":\\\"\u003cdiv class=\\\\\\\"others-embed\\\\\\\"\u003e\u003cblockquote class=\\\\\\\"twitter-tweet\\\\\\\"\u003e\u003cp lang=\\\\\\\"und\\\\\\\" dir=\\\\\\\"ltr\\\\\\\"\u003e?\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\\\\\\\"https://twitter.com/elonmusk/status/1526246899606601730?ref_src=twsrc%5Etfw\\\\\\\"\u003eMay 16, 2022\u003c/a\u003e\u003c/blockquote\u003e \u003cscript async src=\\\\\\\"https://platform.twitter.com/widgets.js\\\\\\\" charset=\\\\\\\"utf-8\\\\\\\"\u003e\u003c/script\u003e\u003c/div\u003e\\\",\\\"embed\\\":\\\"\u003cdiv class=\\\\\\\"others-embed\\\\\\\"\u003e\u003cblockquote class=\\\\\\\"twitter-tweet\\\\\\\"\u003e\u003cp lang=\\\\\\\"und\\\\\\\" dir=\\\\\\\"ltr\\\\\\\"\u003e?\u003c/p\u003e\u0026mdash; Elon Musk (@elonmusk) \u003ca href=\\\\\\\"https://twitter.com/elonmusk/status/1526246899606601730?ref_src=twsrc%5Etfw\\\\\\\"\u003eMay 16, 2022\u003c/a\u003e\u003c/blockquote\u003e \u003cscript async src=\\\\\\\"https://platform.twitter.com/widgets.js\\\\\\\" charset=\\\\\\\"utf-8\\\\\\\"\u003e\u003c/script\u003e\u003c/div\u003e\\\",\\\"caption\\\":\\\"\\\",\\\"aspectRatio\\\":null}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"May 17: In what seems to be a particularly thorny issue for the South African, \u003ca href=\\\\\\\"https://opoyi.com/usa/elon-musk-denies-going-forward-with-twitter-deal-until-it-clarifies-bot-numbers-498456/\\\\\\\"\u003eMusk threatens to pull out of the deal\u003c/a\u003e unless the who's who in Twitter can conclusively prove that fake profiles account for less than 5% of total users on the platform.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"June 8: Musk and Twitter had started to publicly lock horns about the \u003ca href=\\\\\\\"https://opoyi.com/world/what-are-twitter-bots-and-how-to-spot-them-448477/\\\\\\\"\u003enumber of \\\\\\\"bots\\\\\\\"\u003c/a\u003e that were present on the micro-blogging platform. In order to keep the Tesla CEO from pulling out, Twitter offered access to firehose API, which would have reportedly included data about concurrent users.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"July 8: As was expected, \u003ca href=\\\\\\\"https://opoyi.com/technology/why-is-elon-musk-backing-out-of-twitter-deal-699930/\\\\\\\"\u003eMusk pulled out of his deal\u003c/a\u003e to takeover Twitter after sending a letter to the platform's board. Musk cited \\\\\\\"multiple breaches\\\\\\\" of the contract that was signed earlier to finalise the deal.\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"July 12:\u003ca href=\\\\\\\"https://opoyi.com/technology/why-is-elon-musk-backing-out-of-twitter-deal-699930/\\\\\\\"\u003e Twitter filed a lawsuit\u003c/a\u003e against Musk for backing out of the takeover deal. The lawsuit, which was filed in Delaware's Court of Chancery, accuses the SpaceX boss of\u0026nbsp;hypocrisy and bad faith. The micro-blogging platform's attempt to sue Musk is not just limited to getting the $1 billion compensation, but also aims to compel him to complete the deal.\\\"}}]}","relatedPosts":null,"location":{"name":"Washington D.C., DC, USA"},"createdBy":{"name":"Aman Butani","photo":"","username":"amanbutani1975","id":"wo3kJpOpSZW2","role":null},"topics":[{"name":"ElonMusk","slug":"elonmusk","id":"gNR9NoRbCkzk","isSection":0},{"name":"Twitter","slug":"twitter","id":"r2VwbtWIQvvF","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"International","slug":"international","id":"NYS6J2BBfSdS","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"Tesla","slug":"tesla","id":"9y75NOMnEoxE","isSection":0},{"name":"SocialMedia","slug":"socialmedia","id":"IDS3Gtya3gaP","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Aman Butani","id":"wo3kJpOpSZW2","username":"amanbutani1975","role":2,"userType":0},{"name":"Abhinav Dutta","id":"fBzf6TSW4lVF","username":"AbhinavFrom1993","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-13T11:00:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Elon Musk's bid to take over social media giant Twitter collapsed earlier this month. The platform has now filed a lawsuit against the Tesla CEO, attempting to reverse his decision to pull out of the deal months after it was finalised. Here is a complete timeline of events:,January 31, 2022: Musk started off by buying shares of the microblogging platform, however, it was done secretly for some time at least. After accumulating 5% of the share, Musk was obligated to reveal his transactions to the United States Securities Exchange Commission. He ultimately failed to do so on time. April 4: Elon Musk's holding of Twitter shares is revealed. At this point, the Tesla and SpaceX boss has a 9.2% of stake in the company -- the largest any shareholder has. All this while Musk had been slamming Twitter's policies and bringing forward what he thought were shortcomings. Later on April 4: Elon Musk, for the first time publicly, showed interest in changing Twitter policies and features. He posted a poll, asking his followers if an edit button feature should be rolled out. He was also asked to join the board of directors of Twitter on the same day. April 9: Elon Musk rejected Twitter's invite for him to join the board of directors. While he did not say much about his decision, he continued suggesting new policy changes. Musk suggested blue-ticking every user who signs up for Twitter Blue, a subscription feature. April 11: Musk started shedding responsibility days after he rejected the board of directors seat. After filing a fresh SEC form, he allowed himself to buy as many shares of the company and also distanced himself from acting in favour of the company. Current Twitter CEO Parag Agarwal signals distress among the employees. April 14: Elon Musk announced that he has offered a buyout option to Twitter, a cash deal valued at $43 billion. While Musk said he would take the company private, the offer would stand at $54.20 a share, a 54% premium over the price when he started building his stake in January, according to reports from Bloomberg. April 15: In order to stave off Musk's takeover of Twitter, the company said it has a poison pill. This was described as a rights plan that allows shareholders to purchase shares at a discount if any shareholder exceeds 15% ownership. April 21: Musk said he is ready to put $46.5 billion on the table after he reportedly secured the funding. A filing with the SEC shows that he has $25.5 billion in debt financing from Morgan Stanley and other financial institutions, Bloomberg reported. April 26: Twitter's board of directors agreed to a takeover of the company after cracking a deal worth roughly $44 billion. Musk said in a joint statement with Twitter that he wants to make the service “better than ever” with new features while getting rid of automated spam'' accounts and making its algorithms open to the public to increase trust.April 29: In what seems like an attempt to raise funds for the twitter buy-out, Musk offloads Tesla Inc. stocks worth $4.5 billion, as per filings which brings the total value of Tesla shares sold to $8.5 billion, numbering in excess of 5 million shares. May 4: Musk rounds up another $7 billion in financing from multiple sources. They include Oracle founder Larry Ellison, cryptocurrency firm Binance and venture capital firm Sequoia Capital. He also received assurance from the Saudi prince Alwaleed bin Talal, who agreed to offload his nearly 35 million shares, worth $1.9 billion at $54.20 per share. ,May 6: In a pitch to investors, Musk vows to quintuple Twitter's revenues to $26.4 billion by 2028. In addition, Musk predicts a rise to 931 million users from the present tally of 217 million in the same period. To achieve this, he aims to reduce the platform's reliance on advertisement revenue while seeking to boost subscription revenues and their payments business. ,May 10: In keeping with his free speech rhetoric, Musk promises to reinstate Donald Trump's Twitter account, reversing a perma-ban imposed in January 2021. This has received a vote of approval from ex-Twitter CEO, Jack Dorsey. ,May 12: Twitter CEO Parag Agarwal suspends all new hirings while introducing other cost-reduction measures amidst uncertainty over its sale. As a consequence, the company may rescind offers to new joiners. In addition, Twitter also laid off two top executives: Kayvon Beykpour, Head of Consumer Products, who was on paternity leave and Bruce Falck, revenue product lead. ,May 13: Musk tweets that the deal is on hold due to Twitter's inability to conclusively prove that the total number of spam and fake users on the platform number less than 5% of its users. Twitter's stocks respond terribly to the news, plummeting considerably. Musk assures shareholders in a later tweet, stating that he is 'still committed' to the purchase. May 14: Musk tweets that Twitter's legal team has accused him of being in violation of a non-disclosure agreement. By disclosing that the sample size for automated user checks on the platform numbers a measly 100, Musk drew the ire of lawyers representing the San Francisco based company, much to his amusement, dismay or lord knows what!,May 16: Musk and Twitter CEO Parag Agarwal duke it out on err...Twitter over the presence of bot accounts. While Agarwal was at pains to explain the intricacies of the issue, Musk responded with a poop emoji, adding to the absurdity of the whole affair. May 17: In what seems to be a particularly thorny issue for the South African, Musk threatens to pull out of the deal unless the who's who in Twitter can conclusively prove that fake profiles account for less than 5% of total users on the platform. June 8: Musk and Twitter had started to publicly lock horns about the number of bots that were present on the micro-blogging platform. In order to keep the Tesla CEO from pulling out, Twitter offered access to firehose API, which would have reportedly included data about concurrent users. July 8: As was expected, Musk pulled out of his deal to takeover Twitter after sending a letter to the platform's board. Musk cited multiple breaches of the contract that was signed earlier to finalise the deal. ,July 12: Twitter filed a lawsuit against Musk for backing out of the takeover deal. The lawsuit, which was filed in Delaware's Court of Chancery, accuses the SpaceX boss of hypocrisy and bad faith. The micro-blogging platform's attempt to sue Musk is not just limited to getting the $1 billion compensation, but also aims to compel him to complete the deal.","portalUser":{"id":"kQKU5wG2FUA","name":"Opoyi Central","username":"opoyicentral","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_6k77dlSYd.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":{"latitude":"38.9072","longitude":"-77.0369","name":"Washington D.C., DC, USA","city":"Washington"},"keywords":"Elon Musk, timeline, Twitter takeover, board of directors, poison pill, US SEC, Parag Agarwal","originalPublishedOn":"2022-04-26T10:30:00+05:30"}},{"node":{"id":"8yxobNmwa1Zd","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-tuesday-1","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-in-red-on-tuesday-699908/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended in red on Tuesday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-13T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 35.63 points, or 0.9%, to 3,818.80\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 192.51 points, or 0.6%, to 30,981.33\u003c/li\u003e\n \u003cli\u003eThe Nasdaq fell 107.87 points, or 0.9%, to 11,264.73\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 3.83 points, or 0.2%, to 1,728.18\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657676327714,\\\"strCount\\\":3723,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks on Wall Street gave up early gains and finished broadly down Tuesday, as investors braced for a packed week of inflation and company earnings data.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 lost 0.9%, extending its losing run to three days. The benchmark index's 11 company sectors all finished in the negative.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Dow Jones Industrial Average dropped 0.6%, while the \u003ca href=\\\\\\\"https://opoyi.com/topics/nasdaq/\\\\\\\"\u003eNasdaq\u003c/a\u003e dropped 0.9%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-699687/\\\\\\\"\u003eUS Stock Market: DJIA, S\u0026amp;P500 and Nasdaq turns red in early trade on Tuesday\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks in technology, health care, and energy contributed significantly to the S\u0026amp;P 500's losses. Bond yields and energy futures were mostly lower.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Gap's stock dropped 5% after the firm announced that CEO Sonia Syngal is stepping down after two years on the job.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The market pullback follows a rare winning week for stocks and comes as investors focus on corporate earnings reports and what they say about how inflation and rising rates are affecting company profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-premarket-pepsico-gap-twitter-and-other-stocks-making-biggest-moves-699588/\\\\\\\"\u003eUS Premarket: PepsiCo, Gap, Twitter and other stocks making biggest moves\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 35.63 points to 3,818.80. The Dow dropped 192.51 points to 30,981.33, and the Nasdaq slid 107.87 points to 11,264.73.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks held up better than the broader market. The Russell 2000 slipped 3.83 points, or 0.2%, to 1,728.18.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Energy stocks were among the biggest decliners Tuesday as energy prices fell. The price of U.S. crude oil slumped 7.9%, settling at $95.84 per barrel. Hess fell 3.9%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/retail-inflation-drops-marginally-to-701-percent-in-june-699528/\\\\\\\"\u003eRetail inflation drops marginally to 7.01% in June\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Technology stocks also lost ground, weighing heavily on the S\u0026amp;P 500. Pricey values for tech stocks tend to push the broader market higher or lower. \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e fell 4.1%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several travel-related companies bucked the market decline. United Airlines climbed 8.1%, American Airlines jumped 10% and cruise line operator \u003ca href=\\\\\\\"https://opoyi.com/topics/carnival/\\\\\\\"\u003eCarnival\u003c/a\u003e rose 7.5%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Soft drink and snack maker \u003ca href=\\\\\\\"https://opoyi.com/topics/pepsico/\\\\\\\"\u003ePepsiCo\u003c/a\u003e slipped 0.6% Tuesday after releasing a profit report that easily beat analysts’ estimates.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Delta Air Lines will report its latest results on Wednesday and provide more insight into the travel industry's recovery from the pandemic. Major banks including JPMorgan Chase and Citigroup are on tap later this week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the bond market, a warning signal continued to flash about a possible recession. The yield on the 10-year Treasury slid to 2.96% from 2.98% late Monday. It remains below the two-year Treasury yield, which fell to 3.04%. Such a thing doesn’t occur often, and some investors see it as a sign that a recession may hit in the next year or two.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read|\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/for-the-first-time-in-20-years-the-us-dollar-and-the-euro-are-at-parity-699396/\\\\\\\"\u003eFor the first time in 20 years, the US dollar and the euro are at parity\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is keeping a close watch on any indicator that could signal inflation is easing. The Labor Department on Wednesday will release its June report on consumer prices, followed by a Thursday release of its June report on prices directly impacting businesses.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"US","slug":"us","id":"0JelBm6rMusZ","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"UnitedAirlines","slug":"unitedairlines","id":"1SoKYbnQo3Ye","isSection":0},{"name":"AmericanAirlines","slug":"americanairlines","id":"9XqalfqYD4jI","isSection":0},{"name":"carnival","slug":"carnival","id":"sRDSH992H1Oi","isSection":0},{"name":"PepsiCo","slug":"pepsico","id":"oUY9qWQZ1512","isSection":0},{"name":"DeltaAirlines","slug":"deltaairlines","id":"EOfLJtKFFaXq","isSection":0},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-13T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks on Wall Street gave up early gains and finished broadly down Tuesday, as investors braced for a packed week of inflation and company earnings data. The S\u0026P 500 lost 0.9%, extending its losing run to three days. The benchmark index's 11 company sectors all finished in the negative. The Dow Jones Industrial Average dropped 0.6%, while the Nasdaq dropped 0.9%. Also Read| US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday,Stocks in technology, health care, and energy contributed significantly to the S\u0026P 500's losses. Bond yields and energy futures were mostly lower. Gap's stock dropped 5% after the firm announced that CEO Sonia Syngal is stepping down after two years on the job. The market pullback follows a rare winning week for stocks and comes as investors focus on corporate earnings reports and what they say about how inflation and rising rates are affecting company profits. Also Read| US Premarket: PepsiCo, Gap, Twitter and other stocks making biggest moves,The S\u0026P 500 fell 35.63 points to 3,818.80. The Dow dropped 192.51 points to 30,981.33, and the Nasdaq slid 107.87 points to 11,264.73. Smaller company stocks held up better than the broader market. The Russell 2000 slipped 3.83 points, or 0.2%, to 1,728.18. Energy stocks were among the biggest decliners Tuesday as energy prices fell. The price of U.S. crude oil slumped 7.9%, settling at $95.84 per barrel. Hess fell 3.9%. Also Read| Retail inflation drops marginally to 7.01% in June,Technology stocks also lost ground, weighing heavily on the S\u0026P 500. Pricey values for tech stocks tend to push the broader market higher or lower. Microsoft fell 4.1%. Several travel-related companies bucked the market decline. United Airlines climbed 8.1%, American Airlines jumped 10% and cruise line operator Carnival rose 7.5%. Soft drink and snack maker PepsiCo slipped 0.6% Tuesday after releasing a profit report that easily beat analysts’ estimates. Also Read| Explained: Why has RBI allowed international trade settlement in Rupee,Delta Air Lines will report its latest results on Wednesday and provide more insight into the travel industry's recovery from the pandemic. Major banks including JPMorgan Chase and Citigroup are on tap later this week. In the bond market, a warning signal continued to flash about a possible recession. The yield on the 10-year Treasury slid to 2.96% from 2.98% late Monday. It remains below the two-year Treasury yield, which fell to 3.04%. Such a thing doesn’t occur often, and some investors see it as a sign that a recession may hit in the next year or two. Also Read| For the first time in 20 years, the US dollar and the euro are at parity,Wall Street is keeping a close watch on any indicator that could signal inflation is easing. The Labor Department on Wednesday will release its June report on consumer prices, followed by a Thursday release of its June report on prices directly impacting businesses.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Nasdaq,Treasury,Sonia Syngal,Russell,U.S.,Microsoft,United Airlines,American Airlines,Carnival,PepsiCo,Delta Air Lines,JPMorgan Chase,Citigroup,The Labor Department,wallstreet today, nyse today, s\u0026p 500 today, nasdaq today, stock news, russell today","originalPublishedOn":"2022-07-13T08:45:00+05:30"}},{"node":{"id":"kw8I4JSnjipM","slug":"english/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-7","slugV2":"business/us-stock-market-djia-sp500-and-nasdaq-turns-red-in-early-trade-on-tuesday-699687/","title":"US Stock Market: DJIA, S\u0026P500 and Nasdaq turns red in early trade on Tuesday","postType":1,"coverMedia":"/opoyi_JysYrR0ah.jpg","coverCaption":"A sign for Wall Street hangs in front of the New York Stock Exchange. (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-12T21:56:04+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eNasdaq composite fell 41.98 points or 0.37% to 11,330.62\u003c/li\u003e\n \u003cli\u003eRetailer and consumer products companies also gained ground\u003c/li\u003e\n \u003cli\u003eDelta Airlines will release its latest earnings report on Wednesday\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657643161599,\\\"strCount\\\":5069,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Stocks traded between gains and losses on Wall Street Tuesday as traders look for a big week of news on \u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003einflation\u003c/a\u003e and company earnings reports.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 fell 6.46 points or 0.17% to 3,847.97 as of 10:19 a.m. Eastern time. The Dow Jones Industrial Average rose 57.98 points or 0.19% to 31,231.82. The Nasdaq composite fell 41.98 points or 0.37% to 11,330.62.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/for-the-first-time-in-20-years-the-us-dollar-and-the-euro-are-at-parity-699396/\\\\\\\"\u003eFor the first time in 20 years, the US dollar and the euro are at parity\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/business/oil-prices-fall-as-new-china-covid-restrictions-dampen-fuel-demand-outlook-699102/\\\\\\\"\u003eOil prices\u003c/a\u003e fell sharply by 6% and weighed on energy stocks, which also checked gains elsewhere in the market. Hess plunged 5.6%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Retailer and consumer products companies also gained ground. Target added 1.2% and Kellogg gained 1.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Big companies have started reporting their latest quarterly results. Beverage and snack maker \u003ca href=\\\\\\\"https://opoyi.com/topics/pepsico/\\\\\\\"\u003ePepsiCo\u003c/a\u003e rose 0.3% after reporting higher-than-expected quarterly profits.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/explained-why-has-rbi-allowed-international-trade-settlement-in-rupee-699199/\\\\\\\"\u003eExplained: Why has RBI allowed international trade settlement in Rupee\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Several big tech stocks fell and checked gains elsewhere in the market. Pricey values for technology equities tend to push the broader market higher or lower. \u003ca href=\\\\\\\"https://opoyi.com/topics/microsoft/\\\\\\\"\u003eMicrosoft\u003c/a\u003e fell 2.7%. \\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Apparel retailer Gap slipped 5.6% after announcing that CEO Sonia Syngal is stepping down from her position after two years on the job.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/rogerss-being-probed-by-regulators-customers-call-for-more-competition-699100/\\\\\\\"\u003eRogers's being probed by regulators, customers call for more competition\u003c/a\u003e\u0026nbsp;\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Investors are watching for quarterly earnings reports from big companies this week as they try to determine just how much damage inflation is causing to consumers and businesses. Expectations for second-quarter results appear subdued. Analysts are anticipating 5.1% growth for companies across the S\u0026amp;P 500, which would be the weakest since the end of 2020, according to FactSet.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/science/james-webb-space-telescope-nasa-releases-wasp-96b-image-check-details-699619/\\\\\\\"\u003eJames Webb Space Telescope: Nasa releases WASP-96b image. Check details\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Delta Airlines will release its latest earnings report on Wednesday and provide more insight into the travel industry’s recovery from the pandemic. Major banks including JPMorgan Chase and Citigroup are scheduled later this week.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/at-least-seven-killed-by-ukrainian-strike-on-russian-held-nova-kakhovka-report-699419/\\\\\\\"\u003eAt least seven killed by Ukrainian strike on Russian-held Nova Kakhovka: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street’s key concerns remained centered around inflation and whether aggressive rate hikes from the Federal Reserve will push the economy into a recession. Inflation rose as the economy recovered from the pandemic and demand for goods outpaced supplies. But, inflation heated up in February after \u003ca href=\\\\\\\"https://opoyi.com/topics/russia/\\\\\\\"\u003eRussia\u003c/a\u003e invaded \u003ca href=\\\\\\\"https://opoyi.com/topics/ukraine/\\\\\\\"\u003eUkraine\u003c/a\u003e and sparked a jump in energy prices. Supply chain problems have worsened as \u003ca href=\\\\\\\"https://opoyi.com/topics/china/\\\\\\\"\u003eChina\u003c/a\u003e lock down cities in an effort to contain new COVID-19 cases.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/joe-bidens-trip-to-the-middle-east-6-things-to-look-out-for-699272/\\\\\\\"\u003eJoe Biden's trip to the Middle East: 6 things to look out for\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The Federal Reserve is hiking interest rates in an effort to slow economic growth to help temper the impact of rising inflation. Though the economy is already slowing down as consumers ease up to spending and Wall Street is worried that interest rate hikes could go too far and bring on a recession.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-prices-fall-as-new-china-covid-restrictions-dampen-fuel-demand-outlook-699102/\\\\\\\"\u003eOil prices fall as new China COVID restrictions dampen fuel demand outlook\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"A warning signal continued to flash about a possible recession. The yield on the 10-year Treasury slipped to 2.92% from 2.98% late Monday. It remains below the two-year Treasury yield, which dipped to 3.01%. This is an unusual event and some investors see it as a sign that a recession may hit in the next year or two.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street is closely watching for any indicator that could hint at easing inflation.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/twitter-denies-elon-musk-claims-of-deal-obligation-breaches-699075/\\\\\\\"\u003eTwitter denies Elon Musk claims of deal obligation breaches\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"On Wednesday, the Labor Department will release its June report on consumer prices followed by a Thursday release of its June report on prices directly impacting businesses.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"EarlyTrade","slug":"earlytrade","id":"gsxZYQ7fvno9","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"Inflation","slug":"inflation","id":"cJVqnLe20t8S","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"PepsiCo","slug":"pepsico","id":"oUY9qWQZ1512","isSection":0},{"name":"Microsoft","slug":"microsoft","id":"3JaT3LQGqUH6","isSection":0},{"name":"DeltaAirlines","slug":"deltaairlines","id":"EOfLJtKFFaXq","isSection":0},{"name":"Russia","slug":"russia","id":"ZdjTIzNom80K","isSection":0},{"name":"Ukraine","slug":"ukraine","id":"Dq03BAdFix29","isSection":0},{"name":"China","slug":"china","id":"gtTvlJMpH5eQ","isSection":0},{"name":"FederalReserve","slug":"federalreserve","id":"nAfUON56zYbS","isSection":0},{"name":"Technology","slug":"technology","id":"v6bHEgqIl262","isSection":1},{"name":"World","slug":"world","id":"iEhRQcab92b8","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-12T21:56:03+05:30","publisher":0,"sourceFeed":null,"cleanText":"Stocks traded between gains and losses on Wall Street Tuesday as traders look for a big week of news on inflation and company earnings reports. The S\u0026P 500 fell 6.46 points or 0.17% to 3,847.97 as of 10:19 a.m. Eastern time. The Dow Jones Industrial Average rose 57.98 points or 0.19% to 31,231.82. The Nasdaq composite fell 41.98 points or 0.37% to 11,330.62. Also Read | For the first time in 20 years, the US dollar and the euro are at parity,Oil prices fell sharply by 6% and weighed on energy stocks, which also checked gains elsewhere in the market. Hess plunged 5.6%. Retailer and consumer products companies also gained ground. Target added 1.2% and Kellogg gained 1.3%. Big companies have started reporting their latest quarterly results. Beverage and snack maker PepsiCo rose 0.3% after reporting higher-than-expected quarterly profits. Also Read | Explained: Why has RBI allowed international trade settlement in Rupee,Several big tech stocks fell and checked gains elsewhere in the market. Pricey values for technology equities tend to push the broader market higher or lower. Microsoft fell 2.7%. ,Apparel retailer Gap slipped 5.6% after announcing that CEO Sonia Syngal is stepping down from her position after two years on the job. Also Read | Rogers's being probed by regulators, customers call for more competition ,Investors are watching for quarterly earnings reports from big companies this week as they try to determine just how much damage inflation is causing to consumers and businesses. Expectations for second-quarter results appear subdued. Analysts are anticipating 5.1% growth for companies across the S\u0026P 500, which would be the weakest since the end of 2020, according to FactSet. Also Read | James Webb Space Telescope: Nasa releases WASP-96b image. Check details,Delta Airlines will release its latest earnings report on Wednesday and provide more insight into the travel industry’s recovery from the pandemic. Major banks including JPMorgan Chase and Citigroup are scheduled later this week. Also Read | At least seven killed by Ukrainian strike on Russian-held Nova Kakhovka: Report,Wall Street’s key concerns remained centered around inflation and whether aggressive rate hikes from the Federal Reserve will push the economy into a recession. Inflation rose as the economy recovered from the pandemic and demand for goods outpaced supplies. But, inflation heated up in February after Russia invaded Ukraine and sparked a jump in energy prices. Supply chain problems have worsened as China lock down cities in an effort to contain new COVID-19 cases. Also Read | Joe Biden's trip to the Middle East: 6 things to look out for,The Federal Reserve is hiking interest rates in an effort to slow economic growth to help temper the impact of rising inflation. Though the economy is already slowing down as consumers ease up to spending and Wall Street is worried that interest rate hikes could go too far and bring on a recession. Also Read | Oil prices fall as new China COVID restrictions dampen fuel demand outlook,A warning signal continued to flash about a possible recession. The yield on the 10-year Treasury slipped to 2.92% from 2.98% late Monday. It remains below the two-year Treasury yield, which dipped to 3.01%. This is an unusual event and some investors see it as a sign that a recession may hit in the next year or two. Wall Street is closely watching for any indicator that could hint at easing inflation. Also Read | Twitter denies Elon Musk claims of deal obligation breaches,On Wednesday, the Labor Department will release its June report on consumer prices followed by a Thursday release of its June report on prices directly impacting businesses.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,Eastern,Kellogg,PepsiCo,Microsoft,Sonia Syngal,Delta Airlines,JPMorgan Chase,Citigroup,the Federal Reserve,Russia,Ukraine,China,The Federal Reserve,Treasury yield, Stock market, US stock market, share market, Nasdaq, Dow jones, S\u0026P,Wall Street, U","originalPublishedOn":"2022-07-12T21:56:03+05:30"}},{"node":{"id":"RqhHbtGPR4yU","slug":"english/us-premarket-pepsico-gap-twitter-and-other-stocks-making-biggest-moves","slugV2":"business/us-premarket-pepsico-gap-twitter-and-other-stocks-making-biggest-moves-699588/","title":"US Premarket: PepsiCo, Gap, Twitter and other stocks making biggest moves","postType":1,"coverMedia":"/opoyi_-ochPqaC6d.jpg","coverCaption":"Twitter shares have plunged 15.8% over the past two trading days (Photo Credit: Associated Press)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-12T20:28:15+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003ePepsiCo added 1.2% after reporting an adjusted quarterly profit of $1.86 per share\u003c/li\u003e\n \u003cli\u003eGap slumped 6.3% after CEO Sonia Syngal stepped down\u003c/li\u003e\n \u003cli\u003ePriceSmart shed 4.2% after it reported lower-than-expected earnings\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657637892463,\\\"strCount\\\":4043,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003ePepsiCo (PEP)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/pepsico/\\\\\\\"\u003ePepsiCo\u003c/a\u003e added 1.2% in premarket trading after reporting an\\\\nadjusted quarterly profit of $1.86 per share, 12 cents above estimates. Revenue\\\\nalso exceeded Wall Street forecasts. The beverage and snack maker also raised\\\\nits full-year forecast as consumer demand holds up even as prices rise.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/retail-inflation-drops-marginally-to-701-percent-in-june-699528/\\\\\\\"\u003eRetail inflation drops marginally to 7.01 percent in June\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eGap (GPS)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the apparel retailer slumped 6.3% in the\\\\npremarket after CEO Sonia Syngal stepped down after two years on the job, She\\\\nwill be replaced on an interim basis by executive chairman and former \u003ca href=\\\\\\\"https://opoyi.com/topics/walmart/\\\\\\\"\u003eWalmart\u003c/a\u003e\\\\nExecutive Bob Martin.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/glance-finds-a-way-to-advertise-on-lock-screens-will-others-follow\\\\\\\"\u003eGlance finds a way to advertise on lock screens, will others follow?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eTwitter (TWTR)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Twitter shares have plunged 15.8% over the past two trading days. Twitter sent a letter to Elon Musk saying it did not breach any of its obligations under their takeover agreement and that his effort to back out of the deal was “invalid and wrongful”.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/for-the-first-time-in-20-years-the-us-dollar-and-the-euro-are-at-parity-699396/\\\\\\\"\u003eFor the first time in 20 years, the US dollar and the euro are at parity\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003ePeloton (PTON)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the fitness equipment maker fell 1.8% in\\\\npremarket action after it announced that it will fully transition to\\\\nthird-party manufacturing, expanding its partnership with Taiwan-based\\\\nmanufacturer Rexon Industrial.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/rogerss-being-probed-by-regulators-customers-call-for-more-competition-699100/\\\\\\\"\u003eRogers's being probed by regulators, customers call for more competition\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eAmerican Express (AXP)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"American Express stock fell 2.6% in premarket trading after Morgan Stanley downgraded the financial services giant to “equal-weight” from “overweight.” The company said the risk of recession is not fully priced into American Express’ stock.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/oil-prices-fall-as-new-china-covid-restrictions-dampen-fuel-demand-outlook-699102/\\\\\\\"\u003eOil prices fall as new China COVID restrictions dampen fuel demand outlook\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eDave \u0026amp; Buster’s (PLAY)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the entertainment-themed restaurant chain gained\\\\n1.7% in the premarket after it announced a series of new executive\\\\nappointments. It also appointed a new chief operating officer. The changes take\\\\neffect on August 1.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indian-rupee-hits-all-time-low-on-stronger-dollar-recession-worries-698468/\\\\\\\"\u003eIndian rupee hits all-time low on stronger dollar, recession worries\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003ePriceSmart (PSMT)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The discount retailer’s stock shed 4.2% in premarket action\\\\nafter it reported lower-than-expected earnings despite sales that exceeded\\\\nanalyst estimates. PriceSmart cited supply chain disruptions and excess\\\\ninventory levels prompted by a shift in consumer demand.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/at-least-seven-killed-by-ukrainian-strike-on-russian-held-nova-kakhovka-report-699419/\\\\\\\"\u003eAt least seven killed by Ukrainian strike on Russian-held Nova Kakhovka: Report\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eCanoo (GOEV)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Shares of the electric vehicle maker surged 73.4% in\\\\npremarket trading after it signed a deal to sell 4,500 delivery vehicles to\\\\nWalmart (WMT) for an undisclosed amount. Walmart also has an option to purchase\\\\nup to 10,000 units.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/world/joe-bidens-trip-to-the-middle-east-6-things-to-look-out-for-699272/\\\\\\\"\u003eJoe Biden's trip to the Middle East: 6 things to look out for\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003cb\u003eLennar (LEN)\u003c/b\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The home builder’s stock slid 1.7% in the premarket after\\\\nJP Morgan Securities downgraded the stock to “neutral” from “overweight” as the\\\\nindustry faces a number of headwinds, including softening sales and higher\\\\nincentives.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Devanshu Singla","photo":"","username":"devanshusingla","id":"aJeiSJdpGmAb","role":null},"topics":[{"name":"Premarket","slug":"premarket","id":"h7cQFSQpskFk","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"PepsiCo","slug":"pepsico","id":"oUY9qWQZ1512","isSection":0},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1},{"name":"Walmart","slug":"walmart","id":"xZhtJX8hukit","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"ElonMusk","slug":"elonmusk","id":"gNR9NoRbCkzk","isSection":0},{"name":"Taiwan","slug":"taiwan","id":"AmHZqT1DMin1","isSection":0},{"name":"MorganStanley","slug":"morganstanley","id":"trphbcMvJH28","isSection":0},{"name":"USA","slug":"usa","id":"SPBaPrR23eZS","isSection":2}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Devanshu Singla","id":"aJeiSJdpGmAb","username":"devanshusingla","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[],"originalPost":null,"publishedOn":"2022-07-12T20:24:21+05:30","publisher":0,"sourceFeed":null,"cleanText":"PepsiCo (PEP),PepsiCo added 1.2% in premarket trading after reporting an adjusted quarterly profit of $1.86 per share, 12 cents above estimates. Revenue also exceeded Wall Street forecasts. The beverage and snack maker also raised its full-year forecast as consumer demand holds up even as prices rise. Also Read | Retail inflation drops marginally to 7.01 percent in June,Gap (GPS),Shares of the apparel retailer slumped 6.3% in the premarket after CEO Sonia Syngal stepped down after two years on the job, She will be replaced on an interim basis by executive chairman and former Walmart Executive Bob Martin. Also Read | Glance finds a way to advertise on lock screens, will others follow?,Twitter (TWTR),Twitter shares have plunged 15.8% over the past two trading days. Twitter sent a letter to Elon Musk saying it did not breach any of its obligations under their takeover agreement and that his effort to back out of the deal was “invalid and wrongful”. Also Read | For the first time in 20 years, the US dollar and the euro are at parity,Peloton (PTON),Shares of the fitness equipment maker fell 1.8% in premarket action after it announced that it will fully transition to third-party manufacturing, expanding its partnership with Taiwan-based manufacturer Rexon Industrial. Also Read | Rogers's being probed by regulators, customers call for more competition,American Express (AXP),American Express stock fell 2.6% in premarket trading after Morgan Stanley downgraded the financial services giant to “equal-weight” from “overweight.” The company said the risk of recession is not fully priced into American Express’ stock. Also Read | Oil prices fall as new China COVID restrictions dampen fuel demand outlook,Dave \u0026 Buster’s (PLAY),Shares of the entertainment-themed restaurant chain gained 1.7% in the premarket after it announced a series of new executive appointments. It also appointed a new chief operating officer. The changes take effect on August 1. Also Read | Indian rupee hits all-time low on stronger dollar, recession worries,PriceSmart (PSMT),The discount retailer’s stock shed 4.2% in premarket action after it reported lower-than-expected earnings despite sales that exceeded analyst estimates. PriceSmart cited supply chain disruptions and excess inventory levels prompted by a shift in consumer demand. Also Read | At least seven killed by Ukrainian strike on Russian-held Nova Kakhovka: Report,Canoo (GOEV),Shares of the electric vehicle maker surged 73.4% in premarket trading after it signed a deal to sell 4,500 delivery vehicles to Walmart (WMT) for an undisclosed amount. Walmart also has an option to purchase up to 10,000 units. Also Read | Joe Biden's trip to the Middle East: 6 things to look out for,Lennar (LEN),The home builder’s stock slid 1.7% in the premarket after JP Morgan Securities downgraded the stock to “neutral” from “overweight” as the industry faces a number of headwinds, including softening sales and higher incentives.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"American Express,PepsiCo,Sonia Syngal,Walmart,Bob Martin,Elon Musk,Taiwan,Rexon Industrial,Morgan Stanley,Dave,Buster,PriceSmart,PSMT,JP Morgan Securities,Wall street, Stock market, share market, Gap, Twitter,US premarket, Premarket, US stock market","originalPublishedOn":"2022-07-12T20:24:21+05:30"}},{"node":{"id":"ZoFT12cQVmex","slug":"english/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-monday-3","slugV2":"business/us-stock-market-djia-sp500-nasdaq-and-russell-ended-mixed-on-monday-699084/","title":"US Stock Market: DJIA, S\u0026P500, Nasdaq and Russell ended mixed on Monday","postType":1,"coverMedia":"/opoyi_wwJVVNP9SiNb.jpg","coverCaption":"A pedestrian passes the New York Stock Exchange. (Photo credit: AP)","reactionStats":"{\"like_count\":0,\"heartbreak_count\":0,\"laugh_count\":0,\"sad_count\":0,\"angry_count\":0}","updatedOn":"2022-07-12T08:45:00+05:30","highlightSummary":"\u003cul\u003e\n \u003cli\u003eThe S\u0026amp;P 500 fell 44.95 points, or 1.2%, to 3,854.43\u003c/li\u003e\n \u003cli\u003eThe Dow Jones fell 164.31 points, or 0.5%, to 31,173.84\u003c/li\u003e\n \u003cli\u003eThe Nasdaq rose 262.71 points, or 2.3%, to 11,372.60\u003c/li\u003e\n \u003cli\u003eThe Russell 2000 fell 37.36 points, or 2.1%, to 1,732.01\u003c/li\u003e\n\u003c/ul\u003e","highlightSummaryFlag":1,"breakingSponsored":0,"coverMediaType":1,"reactionsCount":0,"commentsCount":0,"lastComment":null,"isUpdated":false,"lastCommentUser":null,"trustScore":1,"fakeTrust":2,"content":"{\\\"time\\\":1657589830917,\\\"strCount\\\":4696,\\\"blocks\\\":[{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Wall Street fell again on Monday, kicking off a week of reports on how severe inflation is and how corporate earnings are dealing with it.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The S\u0026amp;P 500 plummeted 1.2%, wiping off the entirety of its previous week's gains. The Dow Jones Industrial Average fell 0.5%, while the Nasdaq Composite fell 2.3%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/indian-rupee-hits-all-time-low-on-stronger-dollar-recession-worries-698468/\\\\\\\"\u003eIndian rupee hits all-time low on stronger dollar, recession worries\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Smaller company stocks were among the worst performers, with the Russell 2000 index down 2.1% as concerns about a future recession weighed on markets. The Federal Reserve is raising interest rates in response to the biggest inflation in four decades, putting the brakes on the economy and pulling down on all types of investments.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-ahead-quarterly-results-crude-price-to-weigh-on-sensex-nifty-698101/\\\\\\\"\u003eWeek ahead: Quarterly results, crude price to weigh on Sensex, Nifty\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Parts of the economy are slowing already, though the still-hot jobs market remains a notable exception.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"\u003ca href=\\\\\\\"https://opoyi.com/topics/covid/\\\\\\\"\u003eCOVID\u003c/a\u003e also continues to drag on the global economy. An outbreak of infections is forcing casinos in the \u003ca href=\\\\\\\"https://opoyi.com/topics/asian/\\\\\\\"\u003eAsian\u003c/a\u003e gambling centre of Macao to shut for at least a week. That sent Wynn Resorts and Las Vegas Sands down more than 6% apiece for some of the larger losses in the S\u0026amp;P 500.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/week-in-review-sensex-nifty-surge-as-crude-prices-fall-below-100-698066/\\\\\\\"\u003eWeek in review: Sensex, Nifty surge as crude prices fall below $100\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Twitter lost, even more, 11.3%, in the first trading after billionaire Elon Musk said he wants out of his deal to buy the social media platform for $44 billion. Twitter said it will take Musk to court to uphold the agreement.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Other big technology companies were also particularly weak. It’s a continuation of this year’s trend, where rising rates most hurt the investments that soared highest earlier in the pandemic.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/english/what-to-do-if-restaurants-and-hotels-continue-to-levy-a-service-charge\\\\\\\"\u003eWhat to do if restaurants and hotels continue to levy a service charge\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The struggles pulled the Nasdaq down 262.71 points to close at 11,372.60. The S\u0026amp;P 500 dropped 44.95 to 3,854.43, and the Dow dipped 164.31 to 31,173.84.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"In the bond market, a warning signal continued to flash about a possible recession. The yield on the 10-year Treasury slid to 2.98% from 3.09% late Friday as investors moved dollars into investments seen as holding up better in a downturn. It remains below the two-year Treasury yield, which fell to 3.07%.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/technology/elon-musk-wants-to-end-44-billion-twitter-deal-over-non-compliance-of-contractual-obligations-697145/\\\\\\\"\u003eTwitter takeover saga enters 'Twilight zone': Elon Musk wants to end deal\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Companies this week are set to begin reporting how their profits fared during the spring. Big banks and other financial companies dominate the early part of the schedule, with JPMorgan Chase and Morgan Stanley set for Thursday. BlackRock, Citigroup and Wells Fargo are among those reporting on Friday.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/is-elon-musk-ready-to-walk-away-from-twitter-deal-684324/\\\\\\\"\u003eWhy is Elon Musk keen to walk away from Twitter deal?\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Expectations for second-quarter results seem to be low. Analysts are forecasting 4.3% growth for companies across the S\u0026amp;P 500, which would be the weakest since the end of 2020, according to FactSet.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Even if companies end up reporting better results than expected, which is usually the case, analysts say the heavier focus will be on what CEOs say about their profit trends for later in the year.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/how-to-survive-a-market-crash-694936/\\\\\\\"\u003eHow to survive a market crash\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"The roughly 19% drop for the S\u0026amp;P 500 this year has been due entirely to rising interest rates and changes in how much investors are willing to pay for each $1 of a company’s profit. So far, expectations for corporate profits have not come down much. If they do, that could lead to another leg downward for stocks.\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Also Read |\u0026nbsp;\u003ca href=\\\\\\\"https://opoyi.com/business/us-inflation-rate-at-a-40-year-high-a-timeline-1930-2022-693306/\\\\\\\"\u003eUS inflation rate at a 40-year high | A timeline: 1930-2022\u003c/a\u003e\\\"}},{\\\"type\\\":\\\"paragraph\\\",\\\"data\\\":{\\\"text\\\":\\\"Beyond earnings updates, reports this week on inflation will likely dominate trading. On Wednesday, economists expect a report to show that inflation at the consumer level accelerated again last month, up to 8.8% from 8.6% in May.\\\"}}]}","relatedPosts":null,"location":null,"createdBy":{"name":"Yash Sadhak Shrivastava","photo":"https://opoyi.com/images/opoyi_YTc6hxpHI.jpg?tr=w-600,q-70,dpr","username":"yashsadhak","id":"hVr8BLevnFNI","role":null},"topics":[{"name":"ClosingBell","slug":"closingbell","id":"Rt7OWl3ugE5l","isSection":0},{"name":"StockMarket","slug":"stockmarket","id":"vHCI0WQLTd1o","isSection":0},{"name":"WallStreet","slug":"wallstreet","id":"guQdwfqs9ehK","isSection":0},{"name":"UnitedStates","slug":"unitedstates","id":"Lgr3hTOPJ0yv","isSection":0},{"name":"NASDAQ","slug":"nasdaq","id":"kXDItAdh3a8f","isSection":0},{"name":"DowJones","slug":"dowjones","id":"dbfOXAt8vC1G","isSection":0},{"name":"ShareMarket","slug":"sharemarket","id":"PkCsd9oT2rCN","isSection":0},{"name":"Covid","slug":"covid","id":"jtkufHpdTfkm","isSection":0},{"name":"Asian","slug":"asian","id":"nmNTdCK1480o","isSection":0},{"name":"LasVegas","slug":"lasvegas","id":"g2KDX9kZwmnD","isSection":0},{"name":"ElonMusk","slug":"elonmusk","id":"gNR9NoRbCkzk","isSection":0},{"name":"MorganStanley","slug":"morganstanley","id":"trphbcMvJH28","isSection":0},{"name":"Health","slug":"health","id":"2pSwu97y4loa","isSection":1},{"name":"India","slug":"india","id":"Bq4MmUPrXF8p","isSection":1},{"name":"Science","slug":"science","id":"6RhBHV5lGAXq","isSection":1},{"name":"Business","slug":"business","id":"1hd39Bl2AdAV","isSection":1}],"userReaction":"","isBookmarked":false,"authors":[{"name":"Yash Sadhak Shrivastava","id":"hVr8BLevnFNI","username":"yashsadhak","role":2,"userType":0}],"translatedBy":[],"editedBy":[],"reportedBy":[],"postedBy":[],"agency":[{"id":"4","name":"AP"}],"originalPost":null,"publishedOn":"2022-07-12T08:45:00+05:30","publisher":0,"sourceFeed":null,"cleanText":"Wall Street fell again on Monday, kicking off a week of reports on how severe inflation is and how corporate earnings are dealing with it. The S\u0026P 500 plummeted 1.2%, wiping off the entirety of its previous week's gains. The Dow Jones Industrial Average fell 0.5%, while the Nasdaq Composite fell 2.3%. Also Read | Indian rupee hits all-time low on stronger dollar, recession worries,Smaller company stocks were among the worst performers, with the Russell 2000 index down 2.1% as concerns about a future recession weighed on markets. The Federal Reserve is raising interest rates in response to the biggest inflation in four decades, putting the brakes on the economy and pulling down on all types of investments. Also Read | Week ahead: Quarterly results, crude price to weigh on Sensex, Nifty,Parts of the economy are slowing already, though the still-hot jobs market remains a notable exception. COVID also continues to drag on the global economy. An outbreak of infections is forcing casinos in the Asian gambling centre of Macao to shut for at least a week. That sent Wynn Resorts and Las Vegas Sands down more than 6% apiece for some of the larger losses in the S\u0026P 500. Also Read | Week in review: Sensex, Nifty surge as crude prices fall below $100,Twitter lost, even more, 11.3%, in the first trading after billionaire Elon Musk said he wants out of his deal to buy the social media platform for $44 billion. Twitter said it will take Musk to court to uphold the agreement. Other big technology companies were also particularly weak. It’s a continuation of this year’s trend, where rising rates most hurt the investments that soared highest earlier in the pandemic. Also Read | What to do if restaurants and hotels continue to levy a service charge,The struggles pulled the Nasdaq down 262.71 points to close at 11,372.60. The S\u0026P 500 dropped 44.95 to 3,854.43, and the Dow dipped 164.31 to 31,173.84. In the bond market, a warning signal continued to flash about a possible recession. The yield on the 10-year Treasury slid to 2.98% from 3.09% late Friday as investors moved dollars into investments seen as holding up better in a downturn. It remains below the two-year Treasury yield, which fell to 3.07%. Also Read | Twitter takeover saga enters 'Twilight zone': Elon Musk wants to end deal,Companies this week are set to begin reporting how their profits fared during the spring. Big banks and other financial companies dominate the early part of the schedule, with JPMorgan Chase and Morgan Stanley set for Thursday. BlackRock, Citigroup and Wells Fargo are among those reporting on Friday. Also Read | Why is Elon Musk keen to walk away from Twitter deal?,Expectations for second-quarter results seem to be low. Analysts are forecasting 4.3% growth for companies across the S\u0026P 500, which would be the weakest since the end of 2020, according to FactSet. Even if companies end up reporting better results than expected, which is usually the case, analysts say the heavier focus will be on what CEOs say about their profit trends for later in the year. Also Read | How to survive a market crash,The roughly 19% drop for the S\u0026P 500 this year has been due entirely to rising interest rates and changes in how much investors are willing to pay for each $1 of a company’s profit. So far, expectations for corporate profits have not come down much. If they do, that could lead to another leg downward for stocks. Also Read | US inflation rate at a 40-year high | A timeline: 1930-2022,Beyond earnings updates, reports this week on inflation will likely dominate trading. On Wednesday, economists expect a report to show that inflation at the consumer level accelerated again last month, up to 8.8% from 8.6% in May.","portalUser":{"id":"MK3GmgLG7wo1","name":"Opoyi Business","username":"OpoyiBusiness","photo":"https://ik.imagekit.io/o8plo3y5if/opoyi_D6026Kum9dg.jpg","role":2,"userType":1},"opinions":[],"liveblogStatus":true,"lastReply":null,"replyUser":null,"userMentions":[],"lastCommentMentions":null,"lastReplyMentions":null,"checkIn":null,"keywords":"Treasury,the S 500,Russell,The Federal Reserve,COVID,Asian,Macao,Wynn Resorts,Las Vegas,Elon Musk,JPMorgan Chase,Morgan Stanley,BlackRock,Citigroup,Wells Fargo","originalPublishedOn":"2022-07-12T08:45:00+05:30"}}]},"widgets":[]},"topicList":[{"id":"vHCI0WQLTd1o","slug":"stockmarket","name":"StockMarket","isSection":0},{"id":"Lgr3hTOPJ0yv","slug":"unitedstates","name":"UnitedStates","isSection":0},{"id":"kXDItAdh3a8f","slug":"nasdaq","name":"NASDAQ","isSection":0},{"id":"1hd39Bl2AdAV","slug":"business","name":"Business","isSection":1},{"id":"dbfOXAt8vC1G","slug":"dowjones","name":"DowJones","isSection":0},{"id":"PkCsd9oT2rCN","slug":"sharemarket","name":"ShareMarket","isSection":0},{"id":"Ts0x87jkzldW","slug":"sp","name":"S\u0026P","isSection":0},{"id":"0JelBm6rMusZ","slug":"us","name":"US","isSection":0},{"id":"Rt7OWl3ugE5l","slug":"closingbell","name":"ClosingBell","isSection":0},{"id":"iEhRQcab92b8","slug":"world","name":"World","isSection":1},{"id":"gsxZYQ7fvno9","slug":"earlytrade","name":"EarlyTrade","isSection":0},{"id":"Soso1fQYTvnn","slug":"usstocks","name":"USStocks","isSection":0},{"id":"OH9GDHEEbwFC","slug":"stockexchange","name":"StockExchange","isSection":0},{"id":"ZdjTIzNom80K","slug":"russia","name":"Russia","isSection":0},{"id":"Dq03BAdFix29","slug":"ukraine","name":"Ukraine","isSection":0},{"id":"SPBaPrR23eZS","slug":"usa","name":"USA","isSection":2},{"id":"nAfUON56zYbS","slug":"federalreserve","name":"FederalReserve","isSection":0},{"id":"gtTvlJMpH5eQ","slug":"china","name":"China","isSection":0},{"id":"v6bHEgqIl262","slug":"technology","name":"Technology","isSection":1},{"id":"EDjrcdPuhPoT","slug":"apple","name":"Apple","isSection":0},{"id":"3JaT3LQGqUH6","slug":"microsoft","name":"Microsoft","isSection":0},{"id":"cJVqnLe20t8S","slug":"inflation","name":"Inflation","isSection":0},{"id":"U23eu7EXkD8d","slug":"amazon","name":"Amazon","isSection":0},{"id":"QzdhnKXHT05r","slug":"asia","name":"Asia","isSection":0},{"id":"gNR9NoRbCkzk","slug":"elonmusk","name":"ElonMusk","isSection":0},{"id":"v2KXw3fOql0S","slug":"europe","name":"Europe","isSection":0},{"id":"5VhOB45vqxj9","slug":"economy","name":"Economy","isSection":0},{"id":"h7cQFSQpskFk","slug":"premarket","name":"Premarket","isSection":0},{"id":"9y75NOMnEoxE","slug":"tesla","name":"Tesla","isSection":0},{"id":"vdfCkTLQAVNK","slug":"finance","name":"Finance","isSection":0},{"id":"C9pgh0jr1r1r","slug":"stocks","name":"Stocks","isSection":0},{"id":"Dti0qsoQpIWI","slug":"bankofamerica","name":"BankOfAmerica","isSection":0},{"id":"r2VwbtWIQvvF","slug":"twitter","name":"Twitter","isSection":0},{"id":"NYS6J2BBfSdS","slug":"international","name":"International","isSection":0},{"id":"w9OeqFKL7oMC","slug":"nyse","name":"NYSE","isSection":0},{"id":"CDdTHmgoFn2O","slug":"crudeoil","name":"CrudeOil","isSection":0},{"id":"U0KtH9IWXA6R","slug":"jeromepowell","name":"JeromePowell","isSection":0},{"id":"QK3hkMAWGEay","slug":"dow","name":"dow","isSection":0},{"id":"HLE8qquNLINg","slug":"facebook","name":"Facebook","isSection":0},{"id":"Cqu95TUqjxLY","slug":"google","name":"Google","isSection":0},{"id":"8ruRYCUT75q1","slug":"boeing","name":"Boeing","isSection":0},{"id":"uZuvdp8bQRRG","slug":"stock","name":"Stock","isSection":0},{"id":"OAY7kVupDf3P","slug":"germany","name":"Germany","isSection":0},{"id":"xMXKjwe1VUvc","slug":"shanghai","name":"Shanghai","isSection":0},{"id":"Cb4BlMHMuRsq","slug":"meta","name":"Meta","isSection":0},{"id":"tLOXw4T5mTfp","slug":"joebiden","name":"JoeBiden","isSection":0},{"id":"9XqalfqYD4jI","slug":"americanairlines","name":"AmericanAirlines","isSection":0},{"id":"6RhBHV5lGAXq","slug":"science","name":"Science","isSection":1},{"id":"EOfLJtKFFaXq","slug":"deltaairlines","name":"DeltaAirlines","isSection":0},{"id":"1SoKYbnQo3Ye","slug":"unitedairlines","name":"UnitedAirlines","isSection":0}],"slug":"wallstreet","lang":"en","sectionArray":[1,2],"messages":{"Disclaimer":{"DISCLAIMER":"Disclaimer","OPINION_DISCLAIMER":"The views expressed in this article are the personal opinions of the author. 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