‘Tapering’ Is Supposed to Be Bad for Tech. Why Did the Nasdaq Outperform the Dow?

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‘Tapering’ Is Supposed to Be Bad for Tech. Why Did the Nasdaq Outperform the Dow?

barrons2021-05-20

Stocks dropped Wednesday as the Federal Reserve hinted at possible “tapering” in the minutes from its April meeting. That should have put an outsize dent into tech stocks, but that wasn’t the case.The...

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The_scalper
·2021-05-20
New word…..tapering
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cozyli
·2021-05-20
Like n comment pls. Thanks
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- Huatmaster_:
  Test
  2021-05-20
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LimLS
·2021-05-20
Tapering may come sooner that we expected since Fed start to drop hints. Just be ready for it and prepare for the rise in yield
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- diggydog:
  Agreed.
  2021-05-20
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Ultraviolet
·2021-05-20
Like and comment please :)
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- TTH4Legs:
  Done. Reply pls, thx
  2021-05-20
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mad276
·2021-05-20
like and comment pls
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- 88_TWB_88:
  comment & like thks
  2021-05-20
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- mad276:
  yup
  2021-05-20
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MagPie
·2021-05-20
Tech is back in focus again
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szueyann
·2021-05-20
Please like and comment. Thanks
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- bananabekahh:
  pls reply me back ty
  2021-05-21
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- Rep:
  reply me back too
  2021-05-20
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- Ultraviolet:
  Done
  2021-05-20
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Terence晓李
·2021-05-20
Like and comments TQ
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- JLX:
  Response pls
  2021-05-20
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- Lucria:
  responded pls respond back
  2021-05-20
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- szueyann:
  ok
  2021-05-20
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All in Tesla
·2021-05-20
Tech stocks are still the main movers and eventually it will go higher bringing the rest higher. Innovation is the key to the future. ?
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- KKSV:
  Yeah
  2021-05-20
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- Targarean:
  Hear hear
  2021-05-20
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- MagPie:
  agreed
  2021-05-20
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Nn9876543
·2021-05-20
Pls.like n comment
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- JLX:
  Response back pls
  2021-05-20
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- koolgal:
  Ok
  2021-05-20
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- szueyann:
  ok
  2021-05-20
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MoonK
·2021-05-20
Nice
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All in Tesla
·2021-05-20
The market has already factor in this news in early feb and tech stocks have corrected from their high. Moving forward, there will be potential upside in the next few months ?
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NCM
·2021-05-20
Long tech
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- Targarean:
  Yes ??
  2021-05-20
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ZacC
·2021-05-20
Please like and comment
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- YummyFood:
  ...
  2021-05-20
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- NCM:
  Ok
  2021-05-20
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Yhlim
·2021-05-20
Please like and comment thanks
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- zhen130:
  Pls reply
  2021-05-20
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- NCM:
  Ok
  2021-05-20
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- ZacC:
  please reply to comment
  2021-05-20
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Boo2bear
·2021-05-20
Says who?
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klo
·2021-05-20
.
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AAZJ
·2021-05-20
Because Chng Kay want it to go up
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ocean_wave
·2021-05-20
Wow. Tech stock's are strong
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- BLMJ:
  Yeah
  2021-05-20
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老Uncle
·2021-05-20
means very likely funds are coming back also since coins are less favourable now. ????
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Why Did the Nasdaq Outperform the Dow?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 11:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/the-nasdaq-beat-the-dow-despite-tapering-talk-heres-why-51621455819?mod=hp_LEAD_1><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks dropped Wednesday as the Federal Reserve hinted at possible “tapering” in the minutes from its April meeting. That should have put an outsize dent into tech stocks, but that wasn’t the case.The...</p>\n\n<a href=\"https://www.barrons.com/articles/the-nasdaq-beat-the-dow-despite-tapering-talk-heres-why-51621455819?mod=hp_LEAD_1\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".SPX","symbol_name":"S&P 500 Index","start_time":0,"source_url":"https://www.barrons.com/articles/the-nasdaq-beat-the-dow-despite-tapering-talk-heres-why-51621455819?mod=hp_LEAD_1","article_id":"1112258601","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1112258601","pubTimestamp":1621481351,"sourceInfo":{"source_id":"lsy1601382232898","name":"Barrons"},"weMediaInfo":null,"summary":"Stocks dropped Wednesday as the Federal Reserve hinted at possible “tapering” in the minutes from it","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"translate_title":"“缩减规模”被认为对科技行业不利。纳斯达克为何跑赢道指？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Stocks dropped Wednesday as the Federal Reserve hinted at possible “tapering” in the minutes from its April meeting. 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Just five Dow stocks finished higher Thursday— Salesforce.com (CRM), Intel (INTC), Microsoft (MSFT), Procter & Gamble (PG), and Walmart (WMT)—while the Nasdaq’s bounce was led by Analog Devices (ADI) and Maxim Integrated Products (MXIM), which gained more than 4%.For tech stocks, it might simply have been a case of “sell the rumor, buy the news.” Fears of inflation—and the tapering that would follow—have caused the Nasdaq to drop nearly 6% from its April all-time high, while the Dow had fallen just 2% from its own record.Now that the minutes appear to have confirmed the possibility that the Fed might consider tapering—despite its protestations—investors might have moved on to other things, at least for one day. “It has been talked about, for a while, that once [the] taper announcement hits, the interest rate cloud over Tech would start to clear,” writes Dennis DeBusschere, head of portfolio strategy research at Evercore. “That could help explain the shot higher in Tech or Growth following the taper hint in the Fed minutes.”It will take more than just a hint of tapering to keep tech moving higher, however. 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Thanks","listText":"Like n comment pls. Thanks","text":"Like n comment pls. Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/130998202","repostId":1112258601,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4389399,"gmtCreate":1621502742698,"gmtModify":1680789892787,"authorId":3575073801477311,"author":{"id":3575073801477311,"idStr":"3575073801477311","authorId":3575073801477311,"name":"Huatmaster_","avatar":"https://static.tigerbbs.com/277988997c95e91fca58abedd237de83","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.28","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":130998202,"type":1,"supId":0,"prevId":0,"content":"Test","text":"Test","html":"Test"}],"langContent":"EN"},{"id":197728059,"gmtCreate":1621487497771,"gmtModify":1704358439439,"author":{"id":"3572923586954779","authorId":"3572923586954779","name":"LimLS","avatar":"https://static.tigerbbs.com/217b03b0c4808fb537070ba4e8f9d83f","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"3572923586954779","idStr":"3572923586954779"},"htmlText":"Tapering may come sooner that we expected since Fed start to drop hints. Just be ready for it and prepare for the rise in yield","listText":"Tapering may come sooner that we expected since Fed start to drop hints. Just be ready for it and prepare for the rise in yield","text":"Tapering may come sooner that we expected since Fed start to drop hints. Just be ready for it and prepare for the rise in yield","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/197728059","repostId":1112258601,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4388026,"gmtCreate":1621491024441,"gmtModify":1680789873710,"authorId":3575091423649914,"author":{"id":3575091423649914,"idStr":"3575091423649914","authorId":3575091423649914,"name":"diggydog","avatar":"https://community-static.tradeup.com/news/476e481044aa54d1d955e8bc4b856dd4","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.29","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":197728059,"type":1,"supId":0,"prevId":0,"content":"Agreed.","text":"Agreed.","html":"Agreed."}],"langContent":"EN"},{"id":197729350,"gmtCreate":1621487215570,"gmtModify":1704358434982,"author":{"id":"3580342534451795","authorId":"3580342534451795","name":"Ultraviolet","avatar":"https://static.tigerbbs.com/0a37729d59392a2fd9ac9c4dbe50e826","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3580342534451795","idStr":"3580342534451795"},"htmlText":"Like and comment please :)","listText":"Like and comment please :)","text":"Like and comment please :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/197729350","repostId":1112258601,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4388643,"gmtCreate":1621496789235,"gmtModify":1680789883679,"authorId":3576220386239608,"author":{"id":3576220386239608,"idStr":"3576220386239608","authorId":3576220386239608,"name":"TTH4Legs","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.06","exceedPercentage":"60.31%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":197729350,"type":1,"supId":0,"prevId":0,"content":"Done. Reply pls, thx","text":"Done. Reply pls, thx","html":"Done. Reply pls, thx"}],"langContent":"EN"},{"id":197762137,"gmtCreate":1621486848229,"gmtModify":1704358427394,"author":{"id":"3575548858399731","authorId":"3575548858399731","name":"mad276","avatar":"https://static.tigerbbs.com/1a9a58ce8db8a0e8a73026ea18b28fcc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3575548858399731","idStr":"3575548858399731"},"htmlText":"like and comment pls","listText":"like and comment pls","text":"like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/197762137","repostId":1112258601,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4387564,"gmtCreate":1621487050607,"gmtModify":1680789868832,"authorId":3582503329600891,"author":{"id":3582503329600891,"idStr":"3582503329600891","authorId":3582503329600891,"name":"88_TWB_88","avatar":"https://static.tigerbbs.com/00cb7ae6d4c8f5f282b6f3a594a2c648","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":197762137,"type":1,"supId":0,"prevId":0,"content":"comment &amp; like <u>thks</u>","text":"comment &amp; like <u>thks</u>","html":"comment &amp; like <u>thks</u>"},{"id":4387592,"gmtCreate":1621487214959,"gmtModify":1680789868816,"authorId":3575548858399731,"author":{"id":3575548858399731,"idStr":"3575548858399731","authorId":3575548858399731,"name":"mad276","avatar":"https://static.tigerbbs.com/1a9a58ce8db8a0e8a73026ea18b28fcc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":197762137,"type":1,"supId":4387564,"prevId":0,"content":"yup","text":"yup","html":"yup"}],"langContent":"EN"},{"id":197763863,"gmtCreate":1621486635952,"gmtModify":1704358421609,"author":{"id":"3573728905231423","authorId":"3573728905231423","name":"MagPie","avatar":"https://static.tigerbbs.com/86bf766e96cabebb79ece6877432d5da","vip":1,"crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"3573728905231423","idStr":"3573728905231423"},"htmlText":"Tech is back in focus again","listText":"Tech is back in focus again","text":"Tech is back in focus again","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197763863","repostId":1112258601,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":197714464,"gmtCreate":1621485859758,"gmtModify":1704358403036,"author":{"id":"3573721781255613","authorId":"3573721781255613","name":"szueyann","avatar":"https://static.tigerbbs.com/cba9c6b1e785a9cf7301a7e6a2ff2354","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3573721781255613","idStr":"3573721781255613"},"htmlText":"Please like and comment. 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