good//@PearlynCSY: Nasdaq slid

2022-04-22

Nasdaq slides 2%, Dow falls more than 350 points in sharp reversal as rising rates weigh on stocks. Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May. Powell’s statements essentially meet market expectations that the Fed will depart from its usual 25 basis point hikes and move more quickly to tame inflation that is running at its fastest pace in more than 40 years.

U.S.Stocks Open Higher As Investors Cheer Tesla Earnings and Airlines,Dow Jones Rise 265 Points

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Comments

PandoraHaggai
2022-04-22
PandoraHaggai
It appears that rate hikes will have a big impact on the market.
MortimerDodd
2022-04-22
MortimerDodd
Rate hikes are generally beneficial.
DonnaMay
2022-04-22
DonnaMay
Would you consider buying bank stocks?
MO75
2022-04-22
MO75
Sell in May and go away
MAH18
2022-04-22
MAH18
Can't wait for May
Kel1
2022-04-22
Kel1
Ok

Leave a comment

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Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May. Powell’s statements essentially meet market expectations that the Fed will depart from its usual 25 basis point hikes and move more quickly to tame inflation that is running at its fastest pace in more than 40 years.</p></body></html>","htmlText":"<html><head></head><body><u>good</u>//<a href=\"https://laohu8.com/U/4092458811577680\">@PearlynCSY</a>:<p>Nasdaq slides 2%, Dow falls more than 350 points in sharp reversal as rising rates weigh on stocks. Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May. Powell’s statements essentially meet market expectations that the Fed will depart from its usual 25 basis point hikes and move more quickly to tame inflation that is running at its fastest pace in more than 40 years.</p></body></html>","text":"good//@PearlynCSY: Nasdaq slides 2%, Dow falls more than 350 points in sharp reversal as rising rates weigh on stocks. Powell says taming inflation ‘absolutely essential,’ and a 50 basis point hike possible for May. 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Tesla rose more than 9% after better-than-expected earnings. United added 8% after the airline forecasted a profit in 2022.</p><p>Investors were looking to a speech from Powell, who will talk at 1 p.m. ET during theInternational Monetary Fund Debate on the Global Economy. The discussion will be moderated by CNBC’s Sara Eisen.</p><p>Despite market expectations for a series of aggressive interest rate increases, Fed officials in recent days have talked down making any dramatic moves.</p><p>Regional presidents Mary Daly of San Francisco, Charles Evans of Chicago and Raphael Bostic of Atlanta all have said that while they see the need to hike rates to tame inflation, they don’t want to do anything that would halt the expansion. Daly did concede that tighter policy could trigger a mild recession but she said that’s not her most likely case.</p><p>St. Louis Fed President James Bullard has been the outlier, saying earlier in the week that he’s open to a 0.75 percentage point increase at the May meeting to help temper inflation running at a more than 40-year high.</p><p>Stocks are coming off a mixed session Wednesday. The Dow rose 280 points, or 0.8%, boosted by strong earnings from Procter &amp; Gamble, while the technology-heavy Nasdaq Composite was dragged down 1% by Netflix’spost-report plunge. The S&amp;P 500 finished flat.</p><p>Netflix shares on Wednesday posted the biggest one-day decline since 2004 after the streamer reported its first subscriber loss in more than a decade. 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Tesla rose more than 9% after better-than-expected earnings. United added 8% after the airline forecasted a profit in 2022.</p><p>Investors were looking to a speech from Powell, who will talk at 1 p.m. ET during theInternational Monetary Fund Debate on the Global Economy. The discussion will be moderated by CNBC’s Sara Eisen.</p><p>Despite market expectations for a series of aggressive interest rate increases, Fed officials in recent days have talked down making any dramatic moves.</p><p>Regional presidents Mary Daly of San Francisco, Charles Evans of Chicago and Raphael Bostic of Atlanta all have said that while they see the need to hike rates to tame inflation, they don’t want to do anything that would halt the expansion. Daly did concede that tighter policy could trigger a mild recession but she said that’s not her most likely case.</p><p>St. Louis Fed President James Bullard has been the outlier, saying earlier in the week that he’s open to a 0.75 percentage point increase at the May meeting to help temper inflation running at a more than 40-year high.</p><p>Stocks are coming off a mixed session Wednesday. The Dow rose 280 points, or 0.8%, boosted by strong earnings from Procter &amp; Gamble, while the technology-heavy Nasdaq Composite was dragged down 1% by Netflix’spost-report plunge. The S&amp;P 500 finished flat.</p><p>Netflix shares on Wednesday posted the biggest one-day decline since 2004 after the streamer reported its first subscriber loss in more than a decade. Other streaming companies like Disney and Roku also fell, and other tech stocks were lower.</p><p>“It continues to be a pretty bifurcated market,” said Dave Grecsek, managing director in investment strategy and research at wealth management firm Aspiriant. “Some of the more defensive, value-style companies are enjoying good returns. The flipside is some of those more growth-style tech names are going to be struggling.”</p><p>Investors are awaiting quarterly reports from companies like AT&amp;T, American Airlines and Snap on Thursday.</p><p>In economic data, initial jobless claims came in slightly higher than expected at 184,000 for the week ending April 16, showing a decline of 2,000. Dow Jones analysts estimated 182,000 first-time claims.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132599225","content_text":"U.S.Stocks open higher as investors cheer Tesla earnings, airlines, Dow industrials rise 265 points, or 0.8%.First-quarter reports drove premarket moves. Tesla rose more than 9% after better-than-expected earnings. United added 8% after the airline forecasted a profit in 2022.Investors were looking to a speech from Powell, who will talk at 1 p.m. ET during theInternational Monetary Fund Debate on the Global Economy. 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The Dow rose 280 points, or 0.8%, boosted by strong earnings from Procter & Gamble, while the technology-heavy Nasdaq Composite was dragged down 1% by Netflix’spost-report plunge. The S&P 500 finished flat.Netflix shares on Wednesday posted the biggest one-day decline since 2004 after the streamer reported its first subscriber loss in more than a decade. Other streaming companies like Disney and Roku also fell, and other tech stocks were lower.“It continues to be a pretty bifurcated market,” said Dave Grecsek, managing director in investment strategy and research at wealth management firm Aspiriant. “Some of the more defensive, value-style companies are enjoying good returns. The flipside is some of those more growth-style tech names are going to be struggling.”Investors are awaiting quarterly reports from companies like AT&T, American Airlines and Snap on Thursday.In economic data, initial jobless claims came in slightly higher than expected at 184,000 for the week ending April 16, showing a decline of 2,000. Dow Jones analysts estimated 182,000 first-time claims.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1056,"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":362,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":101351683,"commentId":"101351683","gmtCreate":1650587929259,"gmtModify":1663247466431,"authorId":9000000000000431,"author":{"id":9000000000000431,"idStr":"9000000000000431","authorId":9000000000000431,"name":"PandoraHaggai","avatar":"https://static.tigerbbs.com/1697f3f91fe5c84e7af6ee5dbdfb3d88","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9082285023,"objectIdStr":"9082285023","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"It appears that rate hikes will have a big impact on the market.","text":"It appears that rate hikes will have a big impact on the market.","html":"It appears that rate hikes will have a big impact on the market.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101351692,"commentId":"101351692","gmtCreate":1650587940831,"gmtModify":1663247464941,"authorId":9000000000000469,"author":{"id":9000000000000469,"idStr":"9000000000000469","authorId":9000000000000469,"name":"MortimerDodd","avatar":"https://static.tigerbbs.com/45889c069df88784e75b651f763a062a","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9082285023,"objectIdStr":"9082285023","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Rate hikes are generally beneficial.","text":"Rate hikes are generally beneficial.","html":"Rate hikes are generally beneficial.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101351686,"commentId":"101351686","gmtCreate":1650587934725,"gmtModify":1663247465030,"authorId":9000000000000626,"author":{"id":9000000000000626,"idStr":"9000000000000626","authorId":9000000000000626,"name":"DonnaMay","avatar":"https://static.tigerbbs.com/f20dbb02d38eebfd4b768781cc568594","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9082285023,"objectIdStr":"9082285023","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Would you consider buying bank stocks?","text":"Would you consider buying bank stocks?","html":"Would you consider buying bank stocks?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101348059,"commentId":"101348059","gmtCreate":1650582038412,"gmtModify":1663247449427,"authorId":3585255751373364,"author":{"id":3585255751373364,"idStr":"3585255751373364","authorId":3585255751373364,"name":"MO75","avatar":"https://static.tigerbbs.com/d033068949889afd8c31c73da66c8e75","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":5,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9082285023,"objectIdStr":"9082285023","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Sell in May and go <u>away</u>","text":"Sell in May and go <u>away</u>","html":"Sell in May and go <u>away</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101347831,"commentId":"101347831","gmtCreate":1650581568808,"gmtModify":1650581568808,"authorId":3586065449223644,"author":{"id":3586065449223644,"idStr":"3586065449223644","authorId":3586065449223644,"name":"MAH18","avatar":"https://static.tigerbbs.com/6c81dd1d5459e57c05fc7d4d6e0c62c6","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9082285023,"objectIdStr":"9082285023","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Can't wait for <u>May</u>","text":"Can't wait for <u>May</u>","html":"Can't wait for <u>May</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":101347954,"commentId":"101347954","gmtCreate":1650581842123,"gmtModify":1663247452932,"authorId":3552874562834581,"author":{"id":3552874562834581,"idStr":"3552874562834581","authorId":3552874562834581,"name":"Kel1","avatar":"https://static.tigerbbs.com/85967b7114ebaa24185158560185f10b","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9082285023,"objectIdStr":"9082285023","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Ok","text":"Ok","html":"Ok","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9082285023"}