Nasdaq tumbles 3% as soaring yields hit tech shares, S&P 500 closes 1.5% lower

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Nasdaq tumbles 3% as soaring yields hit tech shares, S&P 500 closes 1.5% lower

cnbc2021-03-19

Technology shares led the U.S. stock market lower on Thursday as a spike in bond yields fueled concern about equity valuations and prompted investors to sell growth-focused high flyers. The Nasdaq ...

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茁壮成长的韭菜儿
·2021-03-20
[開心]
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- 小股神来也:
  oo
  2021-03-21
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- 茁壮成长的韭菜儿:
  oo
  2021-03-21
  Reply
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- 小股神来也:
  oo
  2021-03-20
  Reply
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mcwood
·2021-03-19
[流淚]
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Wallstrtbets
·2021-03-19
Another lie.
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1
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Teresafafafa
·2021-03-19
Sad go long
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1
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Teresafafafa
·2021-03-19
Red red thus why diversify
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1
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- EV8:
  hope next week will start surpassing
  2021-03-19
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LowZackM
·2021-03-19
Honestly this bond yields thing people overreacting. Will recover sooner than you think.
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3
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Acella
·2021-03-19
Wondering when the sentiments will get better..
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10
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- Acella:
  yes! i took a break yesterday. haha!
  2021-03-20
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- YYCHEN:
  Mixed market, the best thing is to do nothing[开心]
  2021-03-19
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- Acella:
  ☺
  2021-03-19
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YiiYii
·2021-03-19
Diamond ? hands... Drop more to buy more
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7
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- mohjoejoejoe:
  ??
  2021-03-19
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james33738
·2021-03-19
Comment pls
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- Moneyong:
  Ok
  2021-03-19
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jokoh
·2021-03-19
More dips
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missychatty
·2021-03-19
Uh uh seems like everyone is still pretty pessimistic about the market due to bond yields rising
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Nonemu
·2021-03-19
The news is tear up all the big boy stock..all chili red red...
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EV8
·2021-03-19
who needs like and comment today? ?
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9
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- EV8:
  ??
  2021-04-07
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- Teslawonder:
  consolidate to move the wave. pls continue comment. thx
  2021-04-07
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- Teslawonder:
  yes more
  2021-04-01
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AntMan
·2021-03-19
Red Red Red
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AntMan
·2021-03-19
Red Red Red ......
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XuanCheng
·2021-03-19
Drop again sian.. i thought was going up..
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Joanne1135
·2021-03-19
Good for some. Bad for some
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- Joanne1135:
  [笑哭]
  2021-03-19
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- Joanne1135:
  [笑哭]
  2021-03-19
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- ChenJing4826:
  Haha
  2021-03-19
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HYYOONG
·2021-03-19
Diamond hands!!
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2
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simivan154
·2021-03-19
So red
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3
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AS78
·2021-03-19
Bad news
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Tesla slipped nearly 7%. The S&P 500 slid 1.5% to 3,915.46, falling from a record closing high reached in the previous session. The Dow Jones Industrial Average fell 153.07 points, or 0.5%, to 32,862.30 after hitting a new intraday record earlier in the day amid a rally in bank stocks.\nThe 10-year Treasury yield jumped 11 basis points above 1.75% at its session high, reaching its highest level since January 2020. The 30-year rate also climbed 6 basis points at one point, breaching the 2.5% level for the first time since August 2019. The jump in bond yields came after the Federal Reserve expressed its willingness to allow an overshoot in inflation. Rising rates can have an outsized impact on growth stocks as they make their future returns less valuable today.\n“Risk of rates rising too fast remains a key concern,” said Craig Johnson, technical market strategist at Piper Sandler. “Buying pressure has not been equal over the last several weeks as growth stocks lag behind due to headwinds from higher interest rates.”\nBank stocks outperformed as higher interest rates tend to improve their profit margins. Banks can earn more from the widening gap between the rate they borrow at in the short term and the rate they lend out at in the long term. U.S. Bancorp and Wells Fargo popped 3.3% and 2.4%, respectively. JPMorgan jumped 1.7%, while Bank of America gained 2.6%.\nInvestors also digested a mixed bag of economic data Thursday.Weekly initial jobless claims totaled 770,000 for the week ended March 13, worse than an estimate of 700,000, according to economists polled by Dow Jones.\nMeanwhile, the Philadelphia Federal Reserve’s manufacturing index showed a reading of 51.8, well exceeding Dow Jones consensus of 22.0 and hitting the highest level for the gauge since 1973.\nThe energy sector was the biggest loser with a 4.7% decline Thursday amid a drop in oil prices. 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lie.","listText":"Another lie.","text":"Another lie.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327750033","repostId":1103812798,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":327707322,"gmtCreate":1616122263866,"gmtModify":1704791230441,"author":{"id":"3570613983877864","authorId":"3570613983877864","name":"Teresafafafa","avatar":"https://static.tigerbbs.com/94595237785d67a076af77bd6e1c271d","vip":1,"crmLevel":1,"crmLevelSwitch":1,"idStr":"3570613983877864","authorIdStr":"3570613983877864"},"htmlText":"Sad go long","listText":"Sad go long","text":"Sad go long","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327707322","repostId":1103812798,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":327704740,"gmtCreate":1616122217380,"gmtModify":1704791231088,"author":{"id":"3570613983877864","authorId":"3570613983877864","name":"Teresafafafa","avatar":"https://static.tigerbbs.com/94595237785d67a076af77bd6e1c271d","vip":1,"crmLevel":1,"crmLevelSwitch":1,"idStr":"3570613983877864","authorIdStr":"3570613983877864"},"htmlText":"Red red thus why diversify","listText":"Red red thus why diversify","text":"Red red thus why diversify","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/327704740","repostId":1103812798,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3833106,"gmtCreate":1616125613869,"gmtModify":1680780963978,"authorId":3576472032670521,"author":{"id":3576472032670521,"idStr":"3576472032670521","authorId":3576472032670521,"name":"EV8","avatar":"https://community-static.tradeup.com/news/49db5086746d5ad4581b298b77a14995","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 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surpassing"}],"langContent":"EN"},{"id":327447617,"gmtCreate":1616120347239,"gmtModify":1704791204207,"author":{"id":"3573568310387546","authorId":"3573568310387546","name":"LowZackM","avatar":"https://static.tigerbbs.com/768e9ec80d5d9568297fe487c4b4c95a","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3573568310387546","authorIdStr":"3573568310387546"},"htmlText":"Honestly this bond yields thing people overreacting. Will recover sooner than you think.","listText":"Honestly this bond yields thing people overreacting. Will recover sooner than you think.","text":"Honestly this bond yields thing people overreacting. 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