binance left Coinmarketcap net_left adver left
Detail

Nasdaq, S&P fall with tech stocks out of favor

By Bansari Mayur Kamdar, Shreyashi Sanyal and Sinéad Carew (Reuters) - The Nasdaq and S&P 500 were falling on Thursday as investors took profits from technology stocks ahead of...
Nasdaq, S&P fall with tech stocks out of favor © Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 12, 2022. REUTERS/Brendan McDermid

By Bansari Mayur Kamdar, Shreyashi Sanyal and Sinéad Carew

(Reuters) - The Nasdaq and S&P 500 were falling on Thursday as investors took profits from technology stocks ahead of the fourth quarter earnings season and after a three-session rally.

Among the S&P's 11 major sectors, technology was the biggest drag on the index followed by healthcare and then consumer discretionary.

The technology-laden Nasdaq had risen 1.7% in the last three sessions after falling 5.7% in the four prior trading days as investors watched the direction of interest rates. The prospect of Federal Reserve interest rate hikes this year is a concern to growth sectors such as technology and consumer discretionary.

Even though U.S. Treasury 10-year yields were falling on Thursday, investors went ahead and took their profits in Nasdaq stocks, according to Sameer Samana, senior global market strategist at Wells Fargo (NYSE:WFC) Investment Institute in St. Louis.

"We had a pretty nice rebound in the Nasdaq the last few days, so there might just be some lingering nervousness around rates the Fed and some profit taking, especially ahead of earnings," said the strategist.

By 2:17 p.m. ET (1917 GMT), the Dow Jones Industrial Average rose 33.31 points, or 0.09%, to 36,323.63, the S&P 500 lost 32.33 points, or 0.68%, to 4,694.02 and the Nasdaq Composite dropped 221.89 points, or 1.46%, to 14,966.51.

Companies will report results on the final quarter of 2021 in the coming weeks with banks JPMorgan Chase (NYSE:JPM), Citigroup (NYSE:C) and Wells Fargo due to get the ball rolling on Friday, while big technology companies report next week.

Year-over-year earnings growth from S&P 500 companies were expected to be lower in the fourth quarter compared with the first three quarters but still strong at 22.4%, according to IBES data from Refinitiv.

With the focus on Thursday turning to more value-oriented stocks, the S&P 500 banks index rose 0.6%, hitting a record high during the session.

Retail investors have also raised their exposure to bank stocks ahead of the earnings announcements, according to Vanda (NASDAQ:VNDA) Research's weekly report on retail flows.

Delta Air Lines (NYSE:DAL) gained 3.4% after beating estimates for fourth-quarter earnings. Its chief executive also predicted a swift recovery from turbulence caused by the Omicron coronavirus variant, also helping to lift the S&P 1500 Airlines index by 3.4%.

Also, data showed the producer price index (PPI) rise 0.2% last month after advancing 0.8% in November while in the 12 months through December, the PPI rose 9.7% versus the 9.8% forecast of economists polled by Reuters.

The PPI figures come a day after Wall Street indexes cheered consumer inflation numbers that hit a 40-year high but largely met market expectations.

Fed Governor Lael Brainard said the U.S. central bank would be in a position to start what could be several interest rate hikes this year "as soon as" it completes winding down its bond purchases, expected to happen in March.

Wells Fargo followed Goldman Sachs (NYSE:GS), JPMorgan and Deutsche Bank (DE:DBKGn) in forecasting that the Fed might raise interest rates four times this year.

Advancing issues outnumbered declining ones on the NYSE by a 1.25-to-1 ratio; on Nasdaq, a 1.51-to-1 ratio favored decliners.

The S&P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 69 new highs and 300 new lows.

ig right nyse right Neteller adver right
APPROVED BROKERS
rakuten_main right top net_home_top ig_main right top Binance _ main right top fbs_main right top tifia_main right top
18-01-2022 11:05:49 (UTC+7)

EUR/USD

1.1342

-0.0066 (-0.57%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

EUR/USD

1.1342

-0.0066 (-0.57%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

GBP/USD

1.3582

-0.0063 (-0.47%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (9)

USD/JPY

114.57

-0.03 (-0.02%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (7)

Sell (1)

AUD/USD

0.7189

-0.0022 (-0.30%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

USD/CAD

1.2524

+0.0006 (+0.04%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (1)

EUR/JPY

129.95

-0.77 (-0.59%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (1)

Sell (6)

EUR/CHF

1.0396

-0.0027 (-0.26%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (2)

Sell (7)

Gold Futures

1,818.55

+2.05 (+0.11%)

Summary

Neutral

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (2)

Sell (5)

Silver Futures

23.617

+0.699 (+3.05%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (0)

Copper Futures

4.4130

-0.0075 (-0.17%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

84.50

+1.20 (+1.44%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Brent Oil Futures

87.22

+0.74 (+0.86%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (9)

Natural Gas Futures

4.327

+0.065 (+1.53%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

US Coffee C Futures

239.43

-0.22 (-0.09%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

Euro Stoxx 50

4,267.85

-34.29 (-0.80%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (2)

S&P 500

4,593.09

-69.76 (-1.50%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (2)

Sell (8)

DAX

15,812.01

-121.71 (-0.76%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (2)

FTSE 100

7,574.75

-36.48 (-0.48%)

Summary

Sell

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (1)

Sell (5)

Hang Seng

24,112.78

-105.25 (-0.43%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,114.95

-46.60 (-2.16%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

IBEX 35

8,787.08

-51.62 (-0.58%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (0)

BASF SE NA O.N.

68.085

-0.055 (-0.08%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (1)

Bayer AG NA

51.97

-0.85 (-1.61%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

Allianz SE VNA O.N.

225.97

-1.08 (-0.48%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (7)

Sell (2)

Adidas AG

255.90

+3.25 (+1.29%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (8)

Deutsche Lufthansa AG

7.152

-0.089 (-1.23%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Siemens AG Class N

143.03

-2.97 (-2.03%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Deutsche Bank AG

11.950

-0.068 (-0.57%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (6)

Sell (1)

 EUR/USD1.1342↑ Sell
 GBP/USD1.3582↑ Sell
 USD/JPY114.57↑ Buy
 AUD/USD0.7189↑ Sell
 USD/CAD1.2524↑ Buy
 EUR/JPY129.95↑ Sell
 EUR/CHF1.0396↑ Sell
 Gold1,818.55Neutral
 Silver23.617↑ Buy
 Copper4.4130↑ Sell
 Crude Oil WTI84.50↑ Sell
 Brent Oil87.22↑ Sell
 Natural Gas4.327↑ Buy
 US Coffee C239.43↑ Buy
 Euro Stoxx 504,267.85↑ Buy
 S&P 5004,593.09↑ Sell
 DAX15,812.01↑ Buy
 FTSE 1007,574.75Sell
 Hang Seng24,112.78↑ Buy
 Small Cap 20002,114.95↑ Sell
 IBEX 358,787.08↑ Buy
 BASF68.085↑ Buy
 Bayer51.97↑ Buy
 Allianz225.97↑ Buy
 Adidas255.90↑ Sell
 Lufthansa7.152↑ Buy
 Siemens AG143.03↑ Buy
 Deutsche Bank AG11.950↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,115/ 6,155
(-5/ -5) # 1,167
SJC HCM6,110/ 6,170
(0/ 0) # 1,183
SJC Hanoi6,110/ 6,172
(0/ 0) # 1,185
SJC Danang6,110/ 6,172
(0/ 0) # 1,185
SJC Nhatrang6,110/ 6,172
(0/ 0) # 1,185
SJC Cantho6,110/ 6,172
(0/ 0) # 1,185
Cập nhật 18-01-2022 11:05:52
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,819.92+0.590.03%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2400024480
RON 95-II,III2390024370
E5 RON 92-II2291023360
DO 0.05S1838018740
DO 0,001S-V1873019100
Dầu hỏa1719017530
ↂ Giá dầu thô thế giới
WTI$85.06+0.330.39%
Brent$86.74-0.65-0.76%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.560,0022.870,00
EUR25.241,6226.656,50
GBP30.202,2531.491,85
JPY191,95203,20
KRW16,5120,11
Cập nhật lúc 18:54:36 18/01/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right adver main right