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2021-01-22
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Mid-Morning Market Update: Markets Open Lower; Schlumberger Tops Q4 Estimates
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The S&P also fell, dropping 0.32% to 3,840.55.","content":"<html><body><p>Following the market opening Friday, the Dow traded down 0.55% to 31,004.75 while the NASDAQ fell 0.08% to 13,519.54. The S&P also fell, dropping 0.32% to 3,840.55.</p>\n<p>The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 24,632,460 cases with around 410,370 deaths. India confirmed a total of at least 10,625,420 confirmed cases and 153,030 deaths, while Brazil reported over 8,697,360 COVID-19 cases with 214,140 deaths. In total, there were at least 97,607,100 cases of COVID-19 worldwide with over 2,093,600 deaths, according to data compiled by Johns Hopkins University.</p>\n<p><strong>Leading and Lagging Sectors</strong></p>\n<p>\r\nCommunication services shares gained by 0.4% on Friday. Meanwhile, top gainers in the sector included <strong> So-Young International Inc. </strong> (NASDAQ:SY), up 13%, and <strong> IZEA Worldwide, Inc.</strong> (NASDAQ:IZEA), up 11%.</p>\n<p>\r\nIn trading on Friday, energy shares fell 1.8%.</p>\n<p>\n<strong>Top Headline</strong></p>\n<p><strong>Schlumberger NV</strong> (NYSE:SLB) reported stronger-than-expected results for its fourth quarter.</p>\n<p>Schlumberger reported quarterly earnings of $0.22 per share, beating analysts’ expectations of $0.17 per share. The company posted revenue of $5.50 billion, versus estimates of $5.25 billion.</p>\n<p><strong>Equities Trading UP</strong></p>\n<p>\n<strong>Climate Change Crisis Real Impact I Acquisition Corporation</strong> (NYSE:CLII) shares shot up 60% to $21.38 after the company, and EVgo Services, announced a definitive agreement for a business combination that would result in EVgo becoming a publicly listed company.</p>\n<p>\r\nShares of <strong> <a href=\"https://laohu8.com/S/MNTK\">Montauk Renewables, Inc.</a></strong> (NASDAQ:MNTK) got a boost, shooting 52% to $12.89 after the company prices its IPO at $8.50 per share.</p>\n<p>\n<strong>Obalon Therapeutics, Inc.</strong> (NASDAQ:OBLN) shares were also up, gaining 33% to $6.90 after declining around 37%on Thursday. Obalon Therapeutics, on Wednesday, announced a merger agreement with ReShape Lifesciences.</p>\n<p>\n<em>Check out these big movers of the day</em></p>\n<p>\n<strong>Equities Trading DOWN</strong></p>\n<p><strong>Qutoutiao Inc. </strong> (NASDAQ:QTT) shares tumbled 19% to $3.5289 after climbing 61% on Thursday.</p>\n<p>Shares of <strong> Broadwind, Inc.</strong> (NASDAQ:BWEN) were down 16% to $8.84 as the company issued weak Q4 sales forecast.</p>\n<p><strong>ViewRay, Inc.</strong> (NASDAQ:VRAY) was down, falling 14% to $4.5494.</p>\n<p>\n<strong>Commodities</strong></p>\n<p>\r\nIn commodity news, oil traded down 2.3% to $51.91, while gold traded down 0.9% to $1,848.50.</p>\n<p>\r\nSilver traded down 1.9% Friday to $25.355 while copper fell 2% to $3.5745.</p>\n<p>\n<strong>Euro zone</strong></p>\n<p>European shares were lower today. The eurozone’s STOXX 600 fell 1.1%, the Spanish Ibex Index fell 1.6% and the German DAX 30 dropped 0.9%. Meanwhile, the French CAC 40 fell 1.3%, London’s FTSE 100 fell 0.8% and Italy’s FTSE MIB dipped 1.9%.</p>\n<p>The Eurozone services PMI declined to 45 in January versus 46.4 in the earlier month, while manufacturing activity contracted to 54.7. French services PMI dropped to 46.5 in January from 49.1 in the prior month, while manufacturing PMI increased to 51.5 in from 51.1. Germany’s manufacturing PMI fell to 57 in January, while services PMI slipped to 46.8. Retail sales in the UK rose 0.3% in December, versus a revised 4.1% decline in November. UK services PMI dipped to 38.8 in January from 49.4 in the prior month.</p>\n<p>\n<strong>Economics</strong></p>\n<p>\r\nThe IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> services PMI climbed to 57.5 in January from 54.8 in the previous month, while manufacturing PMI surged to 59.1 from 58.3.</p>\n<p>\r\nSales of previously owned houses in the US rose 0.7% to 6.76 million units in December o.</p>\n<p>\r\nThe Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.</p>\n<p>\r\nThe Energy Information Administration’s weekly report on petroleum inventories will be released at 11:00 a.m. ET.</p>\n<p>\r\nThe Baker Hughes North American rig count report for the recent week is scheduled for release at 1:00 p.m. ET.</p>\n<p><em>Check out the full economic calendar here </em></p>\n</body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mid-Morning Market Update: Markets Open Lower; Schlumberger Tops Q4 Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMid-Morning Market Update: Markets Open Lower; Schlumberger Tops Q4 Estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-01-23 00:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Following the market opening Friday, the Dow traded down 0.55% to 31,004.75 while the NASDAQ fell 0.08% to 13,519.54. The S&P also fell, dropping 0.32% to 3,840.55.</p>\n<p>The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 24,632,460 cases with around 410,370 deaths. India confirmed a total of at least 10,625,420 confirmed cases and 153,030 deaths, while Brazil reported over 8,697,360 COVID-19 cases with 214,140 deaths. In total, there were at least 97,607,100 cases of COVID-19 worldwide with over 2,093,600 deaths, according to data compiled by Johns Hopkins University.</p>\n<p><strong>Leading and Lagging Sectors</strong></p>\n<p>\r\nCommunication services shares gained by 0.4% on Friday. Meanwhile, top gainers in the sector included <strong> So-Young International Inc. </strong> (NASDAQ:SY), up 13%, and <strong> IZEA Worldwide, Inc.</strong> (NASDAQ:IZEA), up 11%.</p>\n<p>\r\nIn trading on Friday, energy shares fell 1.8%.</p>\n<p>\n<strong>Top Headline</strong></p>\n<p><strong>Schlumberger NV</strong> (NYSE:SLB) reported stronger-than-expected results for its fourth quarter.</p>\n<p>Schlumberger reported quarterly earnings of $0.22 per share, beating analysts’ expectations of $0.17 per share. The company posted revenue of $5.50 billion, versus estimates of $5.25 billion.</p>\n<p><strong>Equities Trading UP</strong></p>\n<p>\n<strong>Climate Change Crisis Real Impact I Acquisition Corporation</strong> (NYSE:CLII) shares shot up 60% to $21.38 after the company, and EVgo Services, announced a definitive agreement for a business combination that would result in EVgo becoming a publicly listed company.</p>\n<p>\r\nShares of <strong> <a href=\"https://laohu8.com/S/MNTK\">Montauk Renewables, Inc.</a></strong> (NASDAQ:MNTK) got a boost, shooting 52% to $12.89 after the company prices its IPO at $8.50 per share.</p>\n<p>\n<strong>Obalon Therapeutics, Inc.</strong> (NASDAQ:OBLN) shares were also up, gaining 33% to $6.90 after declining around 37%on Thursday. Obalon Therapeutics, on Wednesday, announced a merger agreement with ReShape Lifesciences.</p>\n<p>\n<em>Check out these big movers of the day</em></p>\n<p>\n<strong>Equities Trading DOWN</strong></p>\n<p><strong>Qutoutiao Inc. </strong> (NASDAQ:QTT) shares tumbled 19% to $3.5289 after climbing 61% on Thursday.</p>\n<p>Shares of <strong> Broadwind, Inc.</strong> (NASDAQ:BWEN) were down 16% to $8.84 as the company issued weak Q4 sales forecast.</p>\n<p><strong>ViewRay, Inc.</strong> (NASDAQ:VRAY) was down, falling 14% to $4.5494.</p>\n<p>\n<strong>Commodities</strong></p>\n<p>\r\nIn commodity news, oil traded down 2.3% to $51.91, while gold traded down 0.9% to $1,848.50.</p>\n<p>\r\nSilver traded down 1.9% Friday to $25.355 while copper fell 2% to $3.5745.</p>\n<p>\n<strong>Euro zone</strong></p>\n<p>European shares were lower today. The eurozone’s STOXX 600 fell 1.1%, the Spanish Ibex Index fell 1.6% and the German DAX 30 dropped 0.9%. Meanwhile, the French CAC 40 fell 1.3%, London’s FTSE 100 fell 0.8% and Italy’s FTSE MIB dipped 1.9%.</p>\n<p>The Eurozone services PMI declined to 45 in January versus 46.4 in the earlier month, while manufacturing activity contracted to 54.7. French services PMI dropped to 46.5 in January from 49.1 in the prior month, while manufacturing PMI increased to 51.5 in from 51.1. Germany’s manufacturing PMI fell to 57 in January, while services PMI slipped to 46.8. Retail sales in the UK rose 0.3% in December, versus a revised 4.1% decline in November. UK services PMI dipped to 38.8 in January from 49.4 in the prior month.</p>\n<p>\n<strong>Economics</strong></p>\n<p>\r\nThe IHS <a href=\"https://laohu8.com/S/MRKT\">Markit</a> services PMI climbed to 57.5 in January from 54.8 in the previous month, while manufacturing PMI surged to 59.1 from 58.3.</p>\n<p>\r\nSales of previously owned houses in the US rose 0.7% to 6.76 million units in December o.</p>\n<p>\r\nThe Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.</p>\n<p>\r\nThe Energy Information Administration’s weekly report on petroleum inventories will be released at 11:00 a.m. ET.</p>\n<p>\r\nThe Baker Hughes North American rig count report for the recent week is scheduled for release at 1:00 p.m. ET.</p>\n<p><em>Check out the full economic calendar here </em></p>\n</body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SY":"新氧","MNTK":"Montauk Renewables, Inc.","SLB":"斯伦贝谢","IZEA":"IZEA Inc.","QTT":"趣头条","BWEN":"Broadwind Energy, Inc."},"source_url":"https://www.benzinga.com/node/19274894","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2105934214","content_text":"Following the market opening Friday, the Dow traded down 0.55% to 31,004.75 while the NASDAQ fell 0.08% to 13,519.54. The S&P also fell, dropping 0.32% to 3,840.55.\nThe U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total of 24,632,460 cases with around 410,370 deaths. India confirmed a total of at least 10,625,420 confirmed cases and 153,030 deaths, while Brazil reported over 8,697,360 COVID-19 cases with 214,140 deaths. In total, there were at least 97,607,100 cases of COVID-19 worldwide with over 2,093,600 deaths, according to data compiled by Johns Hopkins University.\nLeading and Lagging Sectors\n\r\nCommunication services shares gained by 0.4% on Friday. Meanwhile, top gainers in the sector included So-Young International Inc. (NASDAQ:SY), up 13%, and IZEA Worldwide, Inc. (NASDAQ:IZEA), up 11%.\n\r\nIn trading on Friday, energy shares fell 1.8%.\n\nTop Headline\nSchlumberger NV (NYSE:SLB) reported stronger-than-expected results for its fourth quarter.\nSchlumberger reported quarterly earnings of $0.22 per share, beating analysts’ expectations of $0.17 per share. The company posted revenue of $5.50 billion, versus estimates of $5.25 billion.\nEquities Trading UP\n\nClimate Change Crisis Real Impact I Acquisition Corporation (NYSE:CLII) shares shot up 60% to $21.38 after the company, and EVgo Services, announced a definitive agreement for a business combination that would result in EVgo becoming a publicly listed company.\n\r\nShares of Montauk Renewables, Inc. (NASDAQ:MNTK) got a boost, shooting 52% to $12.89 after the company prices its IPO at $8.50 per share.\n\nObalon Therapeutics, Inc. (NASDAQ:OBLN) shares were also up, gaining 33% to $6.90 after declining around 37%on Thursday. Obalon Therapeutics, on Wednesday, announced a merger agreement with ReShape Lifesciences.\n\nCheck out these big movers of the day\n\nEquities Trading DOWN\nQutoutiao Inc. (NASDAQ:QTT) shares tumbled 19% to $3.5289 after climbing 61% on Thursday.\nShares of Broadwind, Inc. (NASDAQ:BWEN) were down 16% to $8.84 as the company issued weak Q4 sales forecast.\nViewRay, Inc. (NASDAQ:VRAY) was down, falling 14% to $4.5494.\n\nCommodities\n\r\nIn commodity news, oil traded down 2.3% to $51.91, while gold traded down 0.9% to $1,848.50.\n\r\nSilver traded down 1.9% Friday to $25.355 while copper fell 2% to $3.5745.\n\nEuro zone\nEuropean shares were lower today. The eurozone’s STOXX 600 fell 1.1%, the Spanish Ibex Index fell 1.6% and the German DAX 30 dropped 0.9%. Meanwhile, the French CAC 40 fell 1.3%, London’s FTSE 100 fell 0.8% and Italy’s FTSE MIB dipped 1.9%.\nThe Eurozone services PMI declined to 45 in January versus 46.4 in the earlier month, while manufacturing activity contracted to 54.7. French services PMI dropped to 46.5 in January from 49.1 in the prior month, while manufacturing PMI increased to 51.5 in from 51.1. Germany’s manufacturing PMI fell to 57 in January, while services PMI slipped to 46.8. Retail sales in the UK rose 0.3% in December, versus a revised 4.1% decline in November. UK services PMI dipped to 38.8 in January from 49.4 in the prior month.\n\nEconomics\n\r\nThe IHS Markit services PMI climbed to 57.5 in January from 54.8 in the previous month, while manufacturing PMI surged to 59.1 from 58.3.\n\r\nSales of previously owned houses in the US rose 0.7% to 6.76 million units in December o.\n\r\nThe Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.\n\r\nThe Energy Information Administration’s weekly report on petroleum inventories will be released at 11:00 a.m. ET.\n\r\nThe Baker Hughes North American rig count report for the recent week is scheduled for release at 1:00 p.m. ET.\nCheck out the full economic calendar here","news_type":1,"symbols_score_info":{"BWEN":0.9,"CLII":0.9,"IZEA":0.9,"MNTK":0.9,"OBLN":0.9,"QTT":0.9,"SLB":0.9,"SY":0.9,"VRAY":0.9}},"isVote":1,"tweetType":1,"viewCount":662,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/310263116"}
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