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- DeetomDeetom
  ·2021-09-18
  Ok
  November? December? Fed's 'taper' timeline tied to volatile jobs data
  WASHINGTON (Reuters) - The Federal Reserve, facing a labor market that may be stalling or on the cus
  November? December? Fed's 'taper' timeline tied to volatile jobs data
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- DeetomDeetom
  ·2021-09-18
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- DeetomDeetom
  ·2021-09-18
  $DBS Group Holdings Ltd.(DBSDF)$zzzzzz
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- DeetomDeetom
  ·2021-09-17
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- DeetomDeetom
  ·2021-09-17
  $Apple(AAPL)$Zzzzzzz
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- DeetomDeetom
  ·2021-09-16
  Ok
  Wall Street gains as crude price surge, strong economic data prompt broad rally
  NEW YORK, Sept 15 (Reuters) - U.S. stocks closed higher on Wednesday as rising crude prices boosted
  Wall Street gains as crude price surge, strong economic data prompt broad rally
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- DeetomDeetom
  ·2021-09-16
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- DeetomDeetom
  ·2021-09-16
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- DeetomDeetom
  ·2021-09-15
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  Chevron Triples Low-Carbon Spend, Avoids Net-Zero Pledge
  (Bloomberg) -- Chevron Corp. will triple investments in lower-carbon technologies through the next s
  Chevron Triples Low-Carbon Spend, Avoids Net-Zero Pledge
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- DeetomDeetom
  ·2021-09-15
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December? Fed's 'taper' timeline tied to volatile jobs data","url":"https://stock-news.laohu8.com/highlight/detail?id=2168241045","media":"StreetInsider","summary":"WASHINGTON (Reuters) - The Federal Reserve, facing a labor market that may be stalling or on the cus","content":"<p>WASHINGTON (Reuters) - The Federal Reserve, facing a labor market that may be stalling or on the cusp of a surge, is expected next week to open the door to reducing its monthly bond purchases while tying any actual change to U.S. job growth in September and beyond.</p>\n<p>Fed officials, including Chair Jerome Powell, have said the U.S. central bank's $120 billion in monthly bond purchases could be scaled back later this year as a first step towards ending the crisis-era policies implemented in the spring of 2020 as the coronavirus pandemic was taking hold.</p>\n<p>But after an unexpectedly weak gain of 235,000 jobs in August, officials will want to keep their options open, ready to reduce bond purchases as soon as the Nov. 2-3 policy meeting if employment growth rebounds and COVID-19 risks recede, but able also to delay any \"taper\" if the virus hinders the recovery.</p>\n<p>\"It is hard to be enthusiastic to begin reducing purchases if the pace of (job) gains has slowed a lot,\" said William English, a Yale School of Management professor and former Fed official who helped shape the bond-buying program initiated by the central bank in response to the 2007-2009 financial crisis and recession.</p>\n<p>\"They will want more data,\" English said. \"And if it is disappointing, they conceivably end up waiting ... It is a tricky statement. They want to open the door but not commit. That is the mission.\"</p>\n<p>That dilemma raises the stakes for the next U.S. employment report, which is due to be released on Oct. 8. That data is likely to show whether the Delta variant of the coronavirus is having a deeper impact than Fed officials anticipated earlier in the summer when they said the economy appeared to be divorcing itself from the pandemic.</p>\n<p>Graphic: A slow crawl to \"substantial\": https://graphics.reuters.com/USA-FED/JOBS/mopankjnlva/chart.png</p>\n<p>'SUBSTANTIAL FURTHER PROGRESS'</p>\n<p>The Fed will hold its next policy meeting on Tuesday and Wednesday, a session that will include the release of fresh economic projections and a new read on officials' interest rate expectations. The projections will incorporate a volatile summer of data that included job gains of nearly 1 million in both June and July before the dropoff in August, unexpectedly strong inflation numbers, and a surge of COVID-19 infections and deaths that eclipsed last summer's viral wave.</p>\n<p>As close as Fed officials seemed to be to a bond-buying taper decision as of their late-July policy meeting, some of the subsequent data have pushed in the other direction. New York Fed President John Williams and Atlanta Fed President Raphael Bostic, both voting members of the central bank's policy-setting Federal Open Market Committee (FOMC), are among those who want more information before making a final decision.</p>\n<p>The Fed in December said it would not change the bond purchases until there was \"substantial further progress\" in reclaiming the 10 million jobs that were missing at that point because of the pandemic.</p>\n<p>Binding policy closely to the level of pandemic job losses made sense at the time, with the country worried about a new slide into recession and COVID-19 vaccines yet to be widely distributed. It now leaves policymakers dependent on a jobs revival that has run in fits and starts, shaped by forces as disparate as childcare availability or opposition to mask-wearing mandates in large states like Florida and Texas and their effect on hiring and people's ability to work.</p>\n<p>As of August the economy had clawed back fewer than half of those 10 million missing jobs. Other relevant statistics, like the employment-to-population ratio, are short of what policymakers like Richmond Fed President Thomas Barkin, also a voting member of the FOMC this year, have said they want to see before concluding that the job market was repaired enough to begin reducing the bond purchases.</p>\n<p>Some Fed officials, including Governor Christopher Waller, want to taper sooner rather than later, arguing the purchases are doing little to help hiring at this point and pose a risk if, by keeping long-term interest rates low, they fuel housing or other asset bubbles.</p>\n<p>With inflation also higher than expected for most of the last several months, other officials have said the bond purchases should end by early next year. However, a recent weakening of inflation, as expected by many other Fed officials, may temper any sense of urgency to act faster.</p>\n<p>Graphic: Downside 'surprises' complicate Fed's task: https://graphics.reuters.com/USA-FED/TAPER/gdvzyqwdnpw/chart.png</p>\n<p>HOW MUCH LIKE 2013?</p>\n<p>That kind of division over policy, in an era when economic data have veered from frightening to ebullient, means the Fed will want to keeps its options open in the weeks ahead, said Tim Duy, chief U.S. economist at SGH Macro Advisors and an economics professor at the University of Oregon.</p>\n<p>\"They will do something like 2013. Clear the way to taper at any future meeting,\" Duy said.</p>\n<p>In 2013, the Fed introduced language at its September meeting that began a turn towards eventual reduction of its last round of \"quantitative easing\" after the financial crisis.</p>\n<p>At that meeting the Fed noted the economy showed \"underlying strength\" despite a pullback in federal government spending. But because the impact of that \"fiscal retrenchment\" remained uncertain, \"the Committee decided to await more evidence that progress will be sustained before adjusting the pace of its purchases.\"</p>\n<p>It repeated that language at its next meeting, before actually reducing its bond purchases in December 2013.</p>\n<p>This time it's the Delta variant that is posing risks.</p>\n<p>Many economists contend that attention to the taper discussion is overblown, and that a difference of a month or two in terms of when the Fed begins or ends it makes little difference.</p>\n<p>But it will send a potent signal that U.S. monetary policy is closing the books on the crisis, and will train focus on the next phase of debate over when inflation will require the Fed to raise its benchmark overnight interest rate - federal funds rate - from the current near-zero level.</p>\n<p>It's a call Fed officials want to get right.</p>\n<p>\"The macro stakes around the timing are rather low,\" said David Wilcox, a former Fed research director who is now a senior fellow at the Peterson Institute for International Economics. \"What is important is the inference that can be drawn about how they are reading the inflation tea leaves. How anxious are they to wrap up their bond-purchase program in a timely manner before they might want to raise the (federal funds) rate? That is why this decision is of more than passing interest.\"</p>","source":"highlight_streetinsider","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>November? December? Fed's 'taper' timeline tied to volatile jobs data</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\">\nNovember? December? Fed's 'taper' timeline tied to volatile jobs data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-18 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18951928><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) - The Federal Reserve, facing a labor market that may be stalling or on the cusp of a surge, is expected next week to open the door to reducing its monthly bond purchases while ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18951928\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18951928","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2168241045","content_text":"WASHINGTON (Reuters) - The Federal Reserve, facing a labor market that may be stalling or on the cusp of a surge, is expected next week to open the door to reducing its monthly bond purchases while tying any actual change to U.S. job growth in September and beyond.\nFed officials, including Chair Jerome Powell, have said the U.S. central bank's $120 billion in monthly bond purchases could be scaled back later this year as a first step towards ending the crisis-era policies implemented in the spring of 2020 as the coronavirus pandemic was taking hold.\nBut after an unexpectedly weak gain of 235,000 jobs in August, officials will want to keep their options open, ready to reduce bond purchases as soon as the Nov. 2-3 policy meeting if employment growth rebounds and COVID-19 risks recede, but able also to delay any \"taper\" if the virus hinders the recovery.\n\"It is hard to be enthusiastic to begin reducing purchases if the pace of (job) gains has slowed a lot,\" said William English, a Yale School of Management professor and former Fed official who helped shape the bond-buying program initiated by the central bank in response to the 2007-2009 financial crisis and recession.\n\"They will want more data,\" English said. \"And if it is disappointing, they conceivably end up waiting ... It is a tricky statement. They want to open the door but not commit. That is the mission.\"\nThat dilemma raises the stakes for the next U.S. employment report, which is due to be released on Oct. 8. That data is likely to show whether the Delta variant of the coronavirus is having a deeper impact than Fed officials anticipated earlier in the summer when they said the economy appeared to be divorcing itself from the pandemic.\nGraphic: A slow crawl to \"substantial\": https://graphics.reuters.com/USA-FED/JOBS/mopankjnlva/chart.png\n'SUBSTANTIAL FURTHER PROGRESS'\nThe Fed will hold its next policy meeting on Tuesday and Wednesday, a session that will include the release of fresh economic projections and a new read on officials' interest rate expectations. The projections will incorporate a volatile summer of data that included job gains of nearly 1 million in both June and July before the dropoff in August, unexpectedly strong inflation numbers, and a surge of COVID-19 infections and deaths that eclipsed last summer's viral wave.\nAs close as Fed officials seemed to be to a bond-buying taper decision as of their late-July policy meeting, some of the subsequent data have pushed in the other direction. New York Fed President John Williams and Atlanta Fed President Raphael Bostic, both voting members of the central bank's policy-setting Federal Open Market Committee (FOMC), are among those who want more information before making a final decision.\nThe Fed in December said it would not change the bond purchases until there was \"substantial further progress\" in reclaiming the 10 million jobs that were missing at that point because of the pandemic.\nBinding policy closely to the level of pandemic job losses made sense at the time, with the country worried about a new slide into recession and COVID-19 vaccines yet to be widely distributed. It now leaves policymakers dependent on a jobs revival that has run in fits and starts, shaped by forces as disparate as childcare availability or opposition to mask-wearing mandates in large states like Florida and Texas and their effect on hiring and people's ability to work.\nAs of August the economy had clawed back fewer than half of those 10 million missing jobs. Other relevant statistics, like the employment-to-population ratio, are short of what policymakers like Richmond Fed President Thomas Barkin, also a voting member of the FOMC this year, have said they want to see before concluding that the job market was repaired enough to begin reducing the bond purchases.\nSome Fed officials, including Governor Christopher Waller, want to taper sooner rather than later, arguing the purchases are doing little to help hiring at this point and pose a risk if, by keeping long-term interest rates low, they fuel housing or other asset bubbles.\nWith inflation also higher than expected for most of the last several months, other officials have said the bond purchases should end by early next year. However, a recent weakening of inflation, as expected by many other Fed officials, may temper any sense of urgency to act faster.\nGraphic: Downside 'surprises' complicate Fed's task: https://graphics.reuters.com/USA-FED/TAPER/gdvzyqwdnpw/chart.png\nHOW MUCH LIKE 2013?\nThat kind of division over policy, in an era when economic data have veered from frightening to ebullient, means the Fed will want to keeps its options open in the weeks ahead, said Tim Duy, chief U.S. economist at SGH Macro Advisors and an economics professor at the University of Oregon.\n\"They will do something like 2013. Clear the way to taper at any future meeting,\" Duy said.\nIn 2013, the Fed introduced language at its September meeting that began a turn towards eventual reduction of its last round of \"quantitative easing\" after the financial crisis.\nAt that meeting the Fed noted the economy showed \"underlying strength\" despite a pullback in federal government spending. But because the impact of that \"fiscal retrenchment\" remained uncertain, \"the Committee decided to await more evidence that progress will be sustained before adjusting the pace of its purchases.\"\nIt repeated that language at its next meeting, before actually reducing its bond purchases in December 2013.\nThis time it's the Delta variant that is posing risks.\nMany economists contend that attention to the taper discussion is overblown, and that a difference of a month or two in terms of when the Fed begins or ends it makes little difference.\nBut it will send a potent signal that U.S. monetary policy is closing the books on the crisis, and will train focus on the next phase of debate over when inflation will require the Fed to raise its benchmark overnight interest rate - federal funds rate - from the current near-zero level.\nIt's a call Fed officials want to get right.\n\"The macro stakes around the timing are rather low,\" said David Wilcox, a former Fed research director who is now a senior fellow at the Peterson Institute for International Economics. \"What is important is the inference that can be drawn about how they are reading the inflation tea leaves. How anxious are they to wrap up their bond-purchase program in a timely manner before they might want to raise the (federal funds) rate? That is why this decision is of more than passing interest.\"","news_type":1,"symbols_score_info":{".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":798,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884524387,"gmtCreate":1631921357949,"gmtModify":1632805389711,"author":{"id":"3581604700379869","authorId":"3581604700379869","name":"Deetom","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581604700379869","authorIdStr":"3581604700379869"},"themes":[],"htmlText":"Sssssss","listText":"Sssssss","text":"Sssssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884524387","isVote":1,"tweetType":1,"viewCount":1300,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884525709,"gmtCreate":1631921341601,"gmtModify":1632805390084,"author":{"id":"3581604700379869","authorId":"3581604700379869","name":"Deetom","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581604700379869","authorIdStr":"3581604700379869"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DBSDF\">$DBS Group Holdings Ltd.(DBSDF)$</a>zzzzzz","listText":"<a href=\"https://laohu8.com/S/DBSDF\">$DBS Group Holdings Ltd.(DBSDF)$</a>zzzzzz","text":"$DBS Group Holdings Ltd.(DBSDF)$zzzzzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884525709","isVote":1,"tweetType":1,"viewCount":1094,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884153459,"gmtCreate":1631870538271,"gmtModify":1632805681749,"author":{"id":"3581604700379869","authorId":"3581604700379869","name":"Deetom","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581604700379869","authorIdStr":"3581604700379869"},"themes":[],"htmlText":"Zzzzz","listText":"Zzzzz","text":"Zzzzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884153459","isVote":1,"tweetType":1,"viewCount":1071,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884153617,"gmtCreate":1631870521639,"gmtModify":1632805681871,"author":{"id":"3581604700379869","authorId":"3581604700379869","name":"Deetom","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581604700379869","authorIdStr":"3581604700379869"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Zzzzzzz","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Zzzzzzz","text":"$Apple(AAPL)$Zzzzzzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/884153617","isVote":1,"tweetType":1,"viewCount":809,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885387242,"gmtCreate":1631757165586,"gmtModify":1631891254607,"author":{"id":"3581604700379869","authorId":"3581604700379869","name":"Deetom","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581604700379869","authorIdStr":"3581604700379869"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/885387242","repostId":"2167592712","repostType":4,"repost":{"id":"2167592712","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1631747120,"share":"https://ttm.financial/m/news/2167592712?lang=&edition=full","pubTime":"2021-09-16 07:05","market":"us","language":"en","title":"Wall Street gains as crude price surge, strong economic data prompt broad rally","url":"https://stock-news.laohu8.com/highlight/detail?id=2167592712","media":"Reuters","summary":"NEW YORK, Sept 15 (Reuters) - U.S. stocks closed higher on Wednesday as rising crude prices boosted ","content":"<p>NEW YORK, Sept 15 (Reuters) - U.S. stocks closed higher on Wednesday as rising crude prices boosted energy shares and a swath of positive U.S. data suggested inflation has crested and the economic recovery remains robust, boosting investor sentiment.</p>\n<p>All three major U.S. stock indexes gathered strength as the session progressed, with economically sensitive cyclicals, smallcaps and transportation stocks leading the charge.</p>\n<p>While value stocks initially held the advantage, the risk-on sentiment gained momentum through the afternoon, broadening to include growth stocks .</p>\n<p>\"Today is the first time in a while when both growth and value stocks are doing pretty well. It's been either or for much of the last few weeks and today it's both,\" said Chuck Carlson, chief executive of Horizon Investment Services in Hammond, Indiana. \"Breadth matters, and that's something investors like to see.\"</p>\n<p>A host of economic data showed hints of waning inflation and an ongoing return to economic normalcy, even as supply constraints, complicated by hurricane Ida, hindered factory output.</p>\n<p>Import prices posted their first monthly decline since October 2020, in the latest sign that the wave of price spikes has crested, further supporting the Federal Reserve's position that current inflationary pressures are transitory.</p>\n<p>Next week, the Federal Open Markets Committee's two-day monetary policy meeting will be closely parsed for signals as to when the central bank will begin to taper its asset purchases.</p>\n<p>The graphic below shows major indicators against the Fed's average annual 2% inflation target.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 236.82 points, or 0.68%, to 34,814.39; the S&amp;P 500&nbsp;gained 37.65 points, or 0.85%, at 4,480.7; and the Nasdaq Composite&nbsp;added 123.77 points, or 0.82%, at 15,161.53.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, all but utilities&nbsp;gained ground. Energy&nbsp;was by far the biggest gainer, benefiting from a jump in crude prices&nbsp;driven by a drawdown in U.S. stocks.</p>\n<p>U.S.-based casino operators Las Vegas Sands Corp , Wynn Resorts Ltd&nbsp;and MGM Resorts International&nbsp;slid between 1.7% and 6.3%.</p>\n<p>Apple Inc&nbsp;snapped a decline over recent sessions following an adverse court ruling on its business practices, and a lukewarm response to its event on Tuesday where it unveiled updates to its iPhone and other gadgets. Its shares gained 0.6%.</p>\n<p>Lending platform GreenSky Inc&nbsp;shot up 53.2% after Goldman Sachs Group Inc&nbsp;said it would buy the company in an all-stock deal valued at $2.24 billion.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 1.70-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted seven new 52-week highs and three new lows; the Nasdaq Composite recorded 55 new highs and 106 new lows.</p>","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>Wall Street gains as crude price surge, strong economic data prompt broad rally</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\">\nWall Street gains as crude price surge, strong economic data prompt broad rally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-16 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, Sept 15 (Reuters) - U.S. stocks closed higher on Wednesday as rising crude prices boosted energy shares and a swath of positive U.S. data suggested inflation has crested and the economic recovery remains robust, boosting investor sentiment.</p>\n<p>All three major U.S. stock indexes gathered strength as the session progressed, with economically sensitive cyclicals, smallcaps and transportation stocks leading the charge.</p>\n<p>While value stocks initially held the advantage, the risk-on sentiment gained momentum through the afternoon, broadening to include growth stocks .</p>\n<p>\"Today is the first time in a while when both growth and value stocks are doing pretty well. It's been either or for much of the last few weeks and today it's both,\" said Chuck Carlson, chief executive of Horizon Investment Services in Hammond, Indiana. \"Breadth matters, and that's something investors like to see.\"</p>\n<p>A host of economic data showed hints of waning inflation and an ongoing return to economic normalcy, even as supply constraints, complicated by hurricane Ida, hindered factory output.</p>\n<p>Import prices posted their first monthly decline since October 2020, in the latest sign that the wave of price spikes has crested, further supporting the Federal Reserve's position that current inflationary pressures are transitory.</p>\n<p>Next week, the Federal Open Markets Committee's two-day monetary policy meeting will be closely parsed for signals as to when the central bank will begin to taper its asset purchases.</p>\n<p>The graphic below shows major indicators against the Fed's average annual 2% inflation target.</p>\n<p>The Dow Jones Industrial Average&nbsp;rose 236.82 points, or 0.68%, to 34,814.39; the S&amp;P 500&nbsp;gained 37.65 points, or 0.85%, at 4,480.7; and the Nasdaq Composite&nbsp;added 123.77 points, or 0.82%, at 15,161.53.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, all but utilities&nbsp;gained ground. Energy&nbsp;was by far the biggest gainer, benefiting from a jump in crude prices&nbsp;driven by a drawdown in U.S. stocks.</p>\n<p>U.S.-based casino operators Las Vegas Sands Corp , Wynn Resorts Ltd&nbsp;and MGM Resorts International&nbsp;slid between 1.7% and 6.3%.</p>\n<p>Apple Inc&nbsp;snapped a decline over recent sessions following an adverse court ruling on its business practices, and a lukewarm response to its event on Tuesday where it unveiled updates to its iPhone and other gadgets. Its shares gained 0.6%.</p>\n<p>Lending platform GreenSky Inc&nbsp;shot up 53.2% after Goldman Sachs Group Inc&nbsp;said it would buy the company in an all-stock deal valued at $2.24 billion.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 1.70-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted seven new 52-week highs and three new lows; the Nasdaq Composite recorded 55 new highs and 106 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","OEF":"标普100指数ETF-iShares","SDS":"两倍做空标普500ETF","SH":"标普500反向ETF","DXD":"道指两倍做空ETF","DOG":"道指反向ETF","DJX":"1/100道琼斯","OEX":"标普100","QID":"纳指两倍做空ETF","TQQQ":"纳指三倍做多ETF","UPRO":"三倍做多标普500ETF","GS":"高盛","IVV":"标普500指数ETF","AAPL":"苹果","QQQ":"纳指100ETF",".DJI":"道琼斯","WYNN":"永利度假村","DDM":"道指两倍做多ETF","LVS":"金沙集团","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","MGM":"美高梅","SSO":"两倍做多标普500ETF","SDOW":"道指三倍做空ETF-ProShares","UDOW":"道指三倍做多ETF-ProShares","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167592712","content_text":"NEW YORK, Sept 15 (Reuters) - U.S. stocks closed higher on Wednesday as rising crude prices boosted energy shares and a swath of positive U.S. data suggested inflation has crested and the economic recovery remains robust, boosting investor sentiment.\nAll three major U.S. stock indexes gathered strength as the session progressed, with economically sensitive cyclicals, smallcaps and transportation stocks leading the charge.\nWhile value stocks initially held the advantage, the risk-on sentiment gained momentum through the afternoon, broadening to include growth stocks .\n\"Today is the first time in a while when both growth and value stocks are doing pretty well. It's been either or for much of the last few weeks and today it's both,\" said Chuck Carlson, chief executive of Horizon Investment Services in Hammond, Indiana. \"Breadth matters, and that's something investors like to see.\"\nA host of economic data showed hints of waning inflation and an ongoing return to economic normalcy, even as supply constraints, complicated by hurricane Ida, hindered factory output.\nImport prices posted their first monthly decline since October 2020, in the latest sign that the wave of price spikes has crested, further supporting the Federal Reserve's position that current inflationary pressures are transitory.\nNext week, the Federal Open Markets Committee's two-day monetary policy meeting will be closely parsed for signals as to when the central bank will begin to taper its asset purchases.\nThe graphic below shows major indicators against the Fed's average annual 2% inflation target.\nThe Dow Jones Industrial Average rose 236.82 points, or 0.68%, to 34,814.39; the S&P 500 gained 37.65 points, or 0.85%, at 4,480.7; and the Nasdaq Composite added 123.77 points, or 0.82%, at 15,161.53.\nAmong the 11 major sectors in the S&P 500, all but utilities gained ground. Energy was by far the biggest gainer, benefiting from a jump in crude prices driven by a drawdown in U.S. stocks.\nU.S.-based casino operators Las Vegas Sands Corp , Wynn Resorts Ltd and MGM Resorts International slid between 1.7% and 6.3%.\nApple Inc snapped a decline over recent sessions following an adverse court ruling on its business practices, and a lukewarm response to its event on Tuesday where it unveiled updates to its iPhone and other gadgets. Its shares gained 0.6%.\nLending platform GreenSky Inc shot up 53.2% after Goldman Sachs Group Inc said it would buy the company in an all-stock deal valued at $2.24 billion.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 1.70-to-1 ratio favored advancers.\nThe S&P 500 posted seven new 52-week highs and three new lows; the Nasdaq Composite recorded 55 new highs and 106 new lows.","news_type":1,"symbols_score_info":{"161125":0.9,"513500":0.9,".DJI":0.9,".IXIC":0.9,".SPX":0.9,"AAPL":0.9,"DDM":0.9,"DJX":0.9,"DOG":0.9,"DXD":0.9,"ESmain":0.9,"MNQmain":0.9,"NQmain":0.9,"GS":0.9,"IVV":0.9,"LVS":0.9,"MGM":0.9,"OEF":0.9,"OEX":0.9,"PSQ":0.9,"QID":0.9,"QLD":0.9,"QQQ":0.9,"SDOW":0.9,"SDS":0.9,"SH":0.9,"SPXU":0.9,"SQQQ":0.9,"SSO":0.9,"TQQQ":0.9,"UDOW":0.9,"UPRO":0.9,"WYNN":0.9}},"isVote":1,"tweetType":1,"viewCount":1093,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":885387129,"gmtCreate":1631757151561,"gmtModify":1631891254613,"author":{"id":"3581604700379869","authorId":"3581604700379869","name":"Deetom","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581604700379869","authorIdStr":"3581604700379869"},"themes":[],"htmlText":"Okkkkkkkk","listText":"Okkkkkkkk","text":"Okkkkkkkk","images":[{"img":"https://static.tigerbbs.com/71e90317630f3a1e25b38f7cb21531bb","width":"750","height":"2305"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885387129","isVote":1,"tweetType":1,"viewCount":601,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":885387052,"gmtCreate":1631757132376,"gmtModify":1631883721477,"author":{"id":"3581604700379869","authorId":"3581604700379869","name":"Deetom","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581604700379869","authorIdStr":"3581604700379869"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Ok","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>Ok","text":"$Apple(AAPL)$Ok","images":[{"img":"https://static.tigerbbs.com/7e709cf98b6edb9914256c7730ec9a3a","width":"750","height":"1300"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/885387052","isVote":1,"tweetType":1,"viewCount":876,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":882884673,"gmtCreate":1631674647392,"gmtModify":1631891254617,"author":{"id":"3581604700379869","authorId":"3581604700379869","name":"Deetom","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581604700379869","authorIdStr":"3581604700379869"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/882884673","repostId":"2167565149","repostType":4,"repost":{"id":"2167565149","kind":"news","pubTimestamp":1631672067,"share":"https://ttm.financial/m/news/2167565149?lang=&edition=full","pubTime":"2021-09-15 10:14","market":"us","language":"en","title":"Chevron Triples Low-Carbon Spend, Avoids Net-Zero Pledge","url":"https://stock-news.laohu8.com/highlight/detail?id=2167565149","media":"Bloomberg","summary":"(Bloomberg) -- Chevron Corp. will triple investments in lower-carbon technologies through the next s","content":"<p>(Bloomberg) -- Chevron Corp. will triple investments in lower-carbon technologies through the next seven years while putting off a pledge for net-zero emissions in contrast to its European peers.</p>\n<p>The oil giant will spend $10 billion through 2028 on hydrogen, renewable natural gas, and carbon capture, with 20% of that allocated to reducing the carbon intensity of its operations, the San Ramon, California-based company said in a statement Tuesday. Chevron’s commitment to a “pathway to net zero” falls shorts of plans by its competitors like BP Plc and Royal Dutch Shell Plc, which have set explicit targets to eliminate emissions by mid-century.</p>\n<p>“We have favored action over pledges,” Chief Executive Officer Mike Wirth said on a call with reporters. “We have not at this point declared a net-zero 2050 ambition as others have because we are still working on all of the elements that we believe will be essential in order to get there.”</p>\n<p>Chevron intends to grow production of fossil fuels and is binding its climate efforts with a strategy of improving financial returns, arguing that <a href=\"https://laohu8.com/S/AONE.U\">one</a> without the other won’t work for shareholders and the environment. The approach contrasts with that of its European peers, which are planning long-term pivots toward more renewable energies over time.</p>\n<p>“We are surprised that the release does not mention any longer-term ‘net-zero’ related targets like some of its peers have announced recently,” Biraj Borkhataria of RBC Capital Markets wrote in a note. Chevron’s emissions targets are “conservative and we were expecting the company to increase its ambition.”</p>\n<p>Shares of the company fell 1.5% to $96.55 at 2:18 p.m. in New York. Brent crude traded down 0.1%.</p>\n<p>Chevron’s ability to buy other companies may have something to do with its aversion to promises of cutting absolute levels of carbon emissions. It has the strongest financial position among the world’s oil majors and can grow not only through investing in its existing oil fields but also through acquisitions. In that sense, it could be more favorable to stick to targets to reduce emissions intensity, or pollution per unit of energy.</p>\n<p>“The real issue here is demand, and demand is growing,” Wirth said. “The world should want production to come from the most carbon efficient and carbon responsible producers as long as the world is using oil and gas. I don’t see this as a question of you must limit the size of your business.”</p>\n<p>Whether that’s enough to satisfy shareholders remains to be seen. Chevron’s presentation comes less than four months after U.S. rival Exxon Mobil Corp. was forced to replace a quarter of its board with more climate-friendly directors after a successful activist campaign gained support from Wall Street’s biggest investors. Chevron’s board received its own wake-up call in May when investors voted against its recommendations in favor of reducing the company’s so-called Scope 3 emissions, or those from fuel and other products it makes.</p>\n<p>Raising investments in low-carbon technologies is “a relatively modest step when what is needed is a giant leap,” said Andrew Logan of Ceres, a non-profit coalition of companies and investors who manage more than $47 trillion. Chevron should adopt the shareholder vote and set a target to reduce Scope 3 emissions, he said.</p>\n<p>The company will respond to the shareholder vote in a report next month after consultation with the board, according to Wirth.</p>\n<p>Chevron’s environmental pillar score of 3.01 out of 10 is below those of <a href=\"https://laohu8.com/S/EQNR\">Equinor ASA</a> and Shell, but surpasses Exxon, Saudi Aramco, and the state-backed oil majors in Russia and China, according to Bloomberg’s ESG ratings.</p>\n<p>Highlights from Chevron’s Energy Transition Presentation:</p>\n<p>The extra investments will increase Chevron’s capital budget by around 7% to between $15 billion and $17 billion a year for 2022 through 2025, Wirth said in the presentation.Chevron’s energy transition spending will rise to nearly 10% of its budget up from about 2% currently.Chevron’s target of 100,000 barrels of oil equivalent of renewable fuel capacity is “of similar scope” to Neste Oyj, the market leader: RBC Capital MarketsCash flow from Chevron’s new investments are projected to exceed $1 billion a year by 2030, up from tens of millions today.Low-carbon investments should offer “double digit” returns that are competitve with its main oil and gas business.Read Chevron’s full targets here: Chevron Accelerates Lower Carbon Ambitions</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChevron Triples Low-Carbon Spend, Avoids Net-Zero Pledge\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-15 10:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chevron-triples-low-carbon-spend-185827352.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Chevron Corp. will triple investments in lower-carbon technologies through the next seven years while putting off a pledge for net-zero emissions in contrast to its European peers.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/chevron-triples-low-carbon-spend-185827352.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙"},"source_url":"https://finance.yahoo.com/news/chevron-triples-low-carbon-spend-185827352.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2167565149","content_text":"(Bloomberg) -- Chevron Corp. will triple investments in lower-carbon technologies through the next seven years while putting off a pledge for net-zero emissions in contrast to its European peers.\nThe oil giant will spend $10 billion through 2028 on hydrogen, renewable natural gas, and carbon capture, with 20% of that allocated to reducing the carbon intensity of its operations, the San Ramon, California-based company said in a statement Tuesday. Chevron’s commitment to a “pathway to net zero” falls shorts of plans by its competitors like BP Plc and Royal Dutch Shell Plc, which have set explicit targets to eliminate emissions by mid-century.\n“We have favored action over pledges,” Chief Executive Officer Mike Wirth said on a call with reporters. “We have not at this point declared a net-zero 2050 ambition as others have because we are still working on all of the elements that we believe will be essential in order to get there.”\nChevron intends to grow production of fossil fuels and is binding its climate efforts with a strategy of improving financial returns, arguing that one without the other won’t work for shareholders and the environment. The approach contrasts with that of its European peers, which are planning long-term pivots toward more renewable energies over time.\n“We are surprised that the release does not mention any longer-term ‘net-zero’ related targets like some of its peers have announced recently,” Biraj Borkhataria of RBC Capital Markets wrote in a note. Chevron’s emissions targets are “conservative and we were expecting the company to increase its ambition.”\nShares of the company fell 1.5% to $96.55 at 2:18 p.m. in New York. Brent crude traded down 0.1%.\nChevron’s ability to buy other companies may have something to do with its aversion to promises of cutting absolute levels of carbon emissions. It has the strongest financial position among the world’s oil majors and can grow not only through investing in its existing oil fields but also through acquisitions. In that sense, it could be more favorable to stick to targets to reduce emissions intensity, or pollution per unit of energy.\n“The real issue here is demand, and demand is growing,” Wirth said. “The world should want production to come from the most carbon efficient and carbon responsible producers as long as the world is using oil and gas. I don’t see this as a question of you must limit the size of your business.”\nWhether that’s enough to satisfy shareholders remains to be seen. Chevron’s presentation comes less than four months after U.S. rival Exxon Mobil Corp. was forced to replace a quarter of its board with more climate-friendly directors after a successful activist campaign gained support from Wall Street’s biggest investors. Chevron’s board received its own wake-up call in May when investors voted against its recommendations in favor of reducing the company’s so-called Scope 3 emissions, or those from fuel and other products it makes.\nRaising investments in low-carbon technologies is “a relatively modest step when what is needed is a giant leap,” said Andrew Logan of Ceres, a non-profit coalition of companies and investors who manage more than $47 trillion. Chevron should adopt the shareholder vote and set a target to reduce Scope 3 emissions, he said.\nThe company will respond to the shareholder vote in a report next month after consultation with the board, according to Wirth.\nChevron’s environmental pillar score of 3.01 out of 10 is below those of Equinor ASA and Shell, but surpasses Exxon, Saudi Aramco, and the state-backed oil majors in Russia and China, according to Bloomberg’s ESG ratings.\nHighlights from Chevron’s Energy Transition Presentation:\nThe extra investments will increase Chevron’s capital budget by around 7% to between $15 billion and $17 billion a year for 2022 through 2025, Wirth said in the presentation.Chevron’s energy transition spending will rise to nearly 10% of its budget up from about 2% currently.Chevron’s target of 100,000 barrels of oil equivalent of renewable fuel capacity is “of similar scope” to Neste Oyj, the market leader: RBC Capital MarketsCash flow from Chevron’s new investments are projected to exceed $1 billion a year by 2030, up from tens of millions today.Low-carbon investments should offer “double digit” returns that are competitve with its main oil and gas business.Read Chevron’s full targets here: Chevron Accelerates Lower Carbon Ambitions","news_type":1,"symbols_score_info":{"CVX":0.9}},"isVote":1,"tweetType":1,"viewCount":1121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882884147,"gmtCreate":1631674623189,"gmtModify":1631884916181,"author":{"id":"3581604700379869","authorId":"3581604700379869","name":"Deetom","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581604700379869","authorIdStr":"3581604700379869"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FB\">$Facebook(FB)$</a>Ok","listText":"<a href=\"https://laohu8.com/S/FB\">$Facebook(FB)$</a>Ok","text":"$Facebook(FB)$Ok","images":[{"img":"https://static.tigerbbs.com/d02b2b31f87e4cb3a5c7f860cc780f3f","width":"750","height":"1300"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/882884147","isVote":1,"tweetType":1,"viewCount":1213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}