Nasdaq ends sharply lower after Powell comments

165
136
Favorite

Nasdaq ends sharply lower after Powell comments

Reuters2021-03-05

(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

165

Report

Comment（136）

AndrewL
·2021-03-06
Dip & dipper! ? pls like & comment.
Reply
Like
Report
JLYJ
·2021-03-05
Hoping it'll get lower
Reply
Like
Report
MARCC
·2021-03-05
Oh no!
Reply
Like
Report
Shiying
·2021-03-05
Gosh...
Reply
Like
Report
Fold Replies
- babypink:
  please respons to me and like my post :-(
  2021-03-05
  Reply
  Report
Nickeando
·2021-03-05
Almost 1 week of down
Reply
Like
Report
Nickeando
·2021-03-05
Never ending down.
Reply
1
Report
Chimmy
·2021-03-05
Sigh..Lets hope today not a further bloodbath. I am too scared to see my portfoilo
Reply
1
Report
tothemoonnnn
·2021-03-05
Sad :!
Reply
1
Report
Troedas
·2021-03-05
?
Reply
1
Report
Sumei
·2021-03-05
OMG! When will we see a bottom and a bounce up?
Reply
1
Report
Fold Replies
- Lynny:
  Soon we hope??
  2021-03-06
  Reply
  Report
bluefun
·2021-03-05
Good opportunities ?
Reply
1
Report
HMHu
·2021-03-05
Thank you sir.
Reply
1
Report
Fold Replies
- Nickeando:
  [汗颜]
  2021-03-05
  Reply
  Report
- SilverSoul:
  Lol...
  2021-03-05
  Reply
  Report
Venus888
·2021-03-05
Wait for it to drop further buy in batches
Reply
1
Report
Fold Replies
- Leoneon8881:
  ??
  2021-03-05
  Reply
  Report
MrSee
·2021-03-05
4 8 9 6
Reply
2
Report
Fold Replies
- Leoneon8881:
  5354
  2021-03-05
  Reply
  Report
ERICSSC85
·2021-03-05
Hopefully end of March recover like last year 23rd Mar 20
Reply
3
Report
Jackal
·2021-03-05
be a contrarian and you will be a winner most of the time
Reply
2
Report
noobsheet
·2021-03-05
When will it end?!?
Reply
2
Report
IamBolt
·2021-03-05
Help reply my comment thanks
Reply
4
Report
CheeMang
·2021-03-05
Nice ?
Reply
1
Report
Ah樂
·2021-03-05
Hold tight guys
Reply
4
Report
Fold Replies
- 阿汉:
  报到手都断了
  2021-03-05
  Reply
  Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1151606825?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-03-05 08:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1151606825","market":"us","top_or_hot":-1,"title":"Nasdaq ends sharply lower after Powell comments","media":"Reuters","content":"<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Source Link</a>\n\n</div>\n","source":null,"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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">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":null,"symbol_name":null,"start_time":0,"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","article_id":"1151606825","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","pubTimestamp":1614903516,"sourceInfo":null,"weMediaInfo":null,"summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","collect":0,"end_time":0,"defaultTopTitle":"reuters.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"鲍威尔发表评论后，纳斯达克股市大幅走低","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":320918033,"gmtCreate":1614998692522,"gmtModify":1704778065033,"author":{"id":"3571815908504020","authorId":"3571815908504020","name":"AndrewL","avatar":"https://static.tigerbbs.com/f45655eaaab14f0b61c554eea4d95ca7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571815908504020","authorIdStr":"3571815908504020"},"htmlText":"Dip &amp; dipper! ? pls like &amp; comment.","listText":"Dip &amp; dipper! ? pls like &amp; comment.","text":"Dip & dipper! ? pls like & comment.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/320918033","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367670599,"gmtCreate":1614950069011,"gmtModify":1704777339206,"author":{"id":"3572685978072370","authorId":"3572685978072370","name":"JLYJ","avatar":"https://static.tigerbbs.com/de57572f1fa11e3decd397d6be51e2e6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572685978072370","authorIdStr":"3572685978072370"},"htmlText":"Hoping it'll get lower","listText":"Hoping it'll get lower","text":"Hoping it'll get lower","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367670599","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367861789,"gmtCreate":1614936220441,"gmtModify":1704777155888,"author":{"id":"3558340642160988","authorId":"3558340642160988","name":"MARCC","avatar":"https://community-static.tradeup.com/news/5d2032c0e6cc39e667e6c80eaaedc251","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3558340642160988","authorIdStr":"3558340642160988"},"htmlText":"Oh no!","listText":"Oh no!","text":"Oh no!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367861789","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367898615,"gmtCreate":1614932200337,"gmtModify":1704777104938,"author":{"id":"3562241603762808","authorId":"3562241603762808","name":"Shiying","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3562241603762808","authorIdStr":"3562241603762808"},"htmlText":"Gosh...","listText":"Gosh...","text":"Gosh...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367898615","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3722530,"gmtCreate":1614936215450,"gmtModify":1680779258231,"authorId":3576747179382758,"author":{"id":3576747179382758,"idStr":"3576747179382758","authorId":3576747179382758,"name":"babypink","avatar":"https://static.tigerbbs.com/5ee4cf851d4f9f94c6c4ad03de99840c","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367898615,"type":1,"supId":0,"prevId":0,"content":"please respons to me and like my post :-(","text":"please respons to me and like my post :-(","html":"please respons to me and like my post :-("}],"langContent":"EN"},{"id":367150165,"gmtCreate":1614925105757,"gmtModify":1704777046620,"author":{"id":"3574931340480508","authorId":"3574931340480508","name":"Nickeando","avatar":"https://static.tigerbbs.com/949cb99f55161bbf42890e5fd6aefb02","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":2,"crmLevelSwitch":1,"idStr":"3574931340480508","authorIdStr":"3574931340480508"},"htmlText":"Almost 1 week of down&nbsp;","listText":"Almost 1 week of down&nbsp;","text":"Almost 1 week of down","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367150165","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367150932,"gmtCreate":1614925064326,"gmtModify":1704777047922,"author":{"id":"3574931340480508","authorId":"3574931340480508","name":"Nickeando","avatar":"https://static.tigerbbs.com/949cb99f55161bbf42890e5fd6aefb02","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":2,"crmLevelSwitch":1,"idStr":"3574931340480508","authorIdStr":"3574931340480508"},"htmlText":"Never ending down.&nbsp;","listText":"Never ending down.&nbsp;","text":"Never ending down.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367150932","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367125933,"gmtCreate":1614924628922,"gmtModify":1704777042075,"author":{"id":"3565004892423880","authorId":"3565004892423880","name":"Chimmy","avatar":"https://static.tigerbbs.com/eb71d738ca2f4da611b425823ebf3c60","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3565004892423880","authorIdStr":"3565004892423880"},"htmlText":"Sigh..Lets hope today not a further&nbsp;bloodbath. I am too scared to see my portfoilo","listText":"Sigh..Lets hope today not a further&nbsp;bloodbath. I am too scared to see my portfoilo","text":"Sigh..Lets hope today not a further bloodbath. I am too scared to see my portfoilo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367125933","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367162841,"gmtCreate":1614922924283,"gmtModify":1704777026574,"author":{"id":"3572862021491055","authorId":"3572862021491055","name":"tothemoonnnn","avatar":"https://static.tigerbbs.com/0ec04508e6b5e1798da4dc45be8babdc","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3572862021491055","authorIdStr":"3572862021491055"},"htmlText":"Sad :!&nbsp;","listText":"Sad :!&nbsp;","text":"Sad :!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367162841","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367166870,"gmtCreate":1614922786090,"gmtModify":1704777025435,"author":{"id":"3559088164596385","authorId":"3559088164596385","name":"Troedas","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3559088164596385","authorIdStr":"3559088164596385"},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367166870","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367160817,"gmtCreate":1614921960239,"gmtModify":1704777020893,"author":{"id":"3566259831309087","authorId":"3566259831309087","name":"Sumei","avatar":"https://static.tigerbbs.com/ae0a2af1baf6b07a87ffdf41ea17959a","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3566259831309087","authorIdStr":"3566259831309087"},"htmlText":"OMG! When will we see a bottom and a bounce up?&nbsp;","listText":"OMG! When will we see a bottom and a bounce up?&nbsp;","text":"OMG! When will we see a bottom and a bounce up?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367160817","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3726618,"gmtCreate":1614961231211,"gmtModify":1680779321457,"authorId":3576275613425159,"author":{"id":3576275613425159,"idStr":"3576275613425159","authorId":3576275613425159,"name":"Lynny","avatar":"https://static.tigerbbs.com/7c0b8b78e97626dedf9ed61da1957ab7","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367160817,"type":1,"supId":0,"prevId":0,"content":"Soon we hope??","text":"Soon we hope??","html":"Soon we hope??"}],"langContent":"EN"},{"id":367116202,"gmtCreate":1614919820206,"gmtModify":1704776998435,"author":{"id":"3560825566709184","authorId":"3560825566709184","name":"bluefun","avatar":"https://static.tigerbbs.com/84fe19aaaddc330d697022fc5b1a032d","vip":2,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3560825566709184","authorIdStr":"3560825566709184"},"htmlText":"Good opportunities ?","listText":"Good opportunities ?","text":"Good opportunities ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367116202","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367194053,"gmtCreate":1614917820272,"gmtModify":1704776974361,"author":{"id":"3572311447359724","authorId":"3572311447359724","name":"HMHu","avatar":"https://static.tigerbbs.com/888bfb834561a78ede559705b3ce7ca8","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":5,"crmLevelSwitch":0,"idStr":"3572311447359724","authorIdStr":"3572311447359724"},"htmlText":"Thank you sir.","listText":"Thank you sir.","text":"Thank you sir.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/367194053","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3721481,"gmtCreate":1614925130072,"gmtModify":1680779243497,"authorId":3574931340480508,"author":{"id":3574931340480508,"idStr":"3574931340480508","authorId":3574931340480508,"name":"Nickeando","avatar":"https://static.tigerbbs.com/949cb99f55161bbf42890e5fd6aefb02","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367194053,"type":1,"supId":0,"prevId":0,"content":"[汗颜]","text":"[汗颜]","html":"[汗颜]"},{"id":3720910,"gmtCreate":1614918025436,"gmtModify":1680779237875,"authorId":3563403277012456,"author":{"id":3563403277012456,"idStr":"3563403277012456","authorId":3563403277012456,"name":"SilverSoul","avatar":"https://static.tigerbbs.com/692e9e2f198854f2b357459085e07d4f","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.03.10","exceedPercentage":"93.86%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367194053,"type":1,"supId":0,"prevId":0,"content":"Lol...","text":"Lol...","html":"Lol..."}],"langContent":"EN"},{"id":367199447,"gmtCreate":1614917052789,"gmtModify":1704776964603,"author":{"id":"3572313172431959","authorId":"3572313172431959","name":"Venus888","avatar":"https://static.tigerbbs.com/2eb10c539f367e4d8f1ae8ddf081bfdf","vip":1,"crmLevel":9,"crmLevelSwitch":0,"idStr":"3572313172431959","authorIdStr":"3572313172431959"},"htmlText":"Wait for it to drop further buy in batches","listText":"Wait for it to drop further buy in batches","text":"Wait for it to drop further buy in batches","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367199447","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3720861,"gmtCreate":1614917479649,"gmtModify":1680779232060,"authorId":3556969222862067,"author":{"id":3556969222862067,"idStr":"3556969222862067","authorId":3556969222862067,"name":"Leoneon8881","avatar":"https://static.tigerbbs.com/f538101c460b5f022a9dba30ce236442","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367199447,"type":1,"supId":0,"prevId":0,"content":"??","text":"??","html":"??"}],"langContent":"EN"},{"id":367104779,"gmtCreate":1614916743891,"gmtModify":1704776960223,"author":{"id":"3563756439584088","authorId":"3563756439584088","name":"MrSee","avatar":"https://static.tigerbbs.com/d669db2e6b835bba329d4c74b01496e8","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3563756439584088","authorIdStr":"3563756439584088"},"htmlText":"4 8 9 6","listText":"4 8 9 6","text":"4 8 9 6","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367104779","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3720863,"gmtCreate":1614917509099,"gmtModify":1680779233182,"authorId":3556969222862067,"author":{"id":3556969222862067,"idStr":"3556969222862067","authorId":3556969222862067,"name":"Leoneon8881","avatar":"https://static.tigerbbs.com/f538101c460b5f022a9dba30ce236442","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367104779,"type":1,"supId":0,"prevId":0,"content":"5354","text":"5354","html":"5354"}],"langContent":"EN"},{"id":367101150,"gmtCreate":1614916100670,"gmtModify":1704776954066,"author":{"id":"3576482763382579","authorId":"3576482763382579","name":"ERICSSC85","avatar":"https://static.tigerbbs.com/39b087e78361f2f60fec3973fcb8ed3c","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576482763382579","authorIdStr":"3576482763382579"},"htmlText":"Hopefully end of March&nbsp;recover like last year 23rd Mar 20","listText":"Hopefully end of March&nbsp;recover like last year 23rd Mar 20","text":"Hopefully end of March recover like last year 23rd Mar 20","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367101150","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367370854,"gmtCreate":1614914800678,"gmtModify":1704776935517,"author":{"id":"3575889284821775","authorId":"3575889284821775","name":"Jackal","avatar":"https://static.tigerbbs.com/2136f45897935c64401ef537e9af93c9","vip":1,"hat":"https://static.tigerbbs.com/646756f1284a5a6480ed02cc4fa7d1d2","crmLevel":6,"crmLevelSwitch":1,"idStr":"3575889284821775","authorIdStr":"3575889284821775"},"htmlText":"be a contrarian and you will be a winner most of the time","listText":"be a contrarian and you will be a winner most of the time","text":"be a contrarian and you will be a winner most of the time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367370854","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367347779,"gmtCreate":1614914753191,"gmtModify":1704776934205,"author":{"id":"3575549336568551","authorId":"3575549336568551","name":"noobsheet","avatar":"https://static.tigerbbs.com/3952f6f76d31d01ccb109dfdc1f9f6a3","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3575549336568551","authorIdStr":"3575549336568551"},"htmlText":"When will it end?!?","listText":"When will it end?!?","text":"When will it end?!?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367347779","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367342630,"gmtCreate":1614914353320,"gmtModify":1704776929802,"author":{"id":"3577616645019427","authorId":"3577616645019427","name":"IamBolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3577616645019427","authorIdStr":"3577616645019427"},"htmlText":"Help reply my comment thanks","listText":"Help reply my comment thanks","text":"Help reply my comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367342630","repostId":1151606825,"repostType":2,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367343196,"gmtCreate":1614913931215,"gmtModify":1704776923761,"author":{"id":"3573033813970769","authorId":"3573033813970769","name":"CheeMang","avatar":"https://static.tigerbbs.com/97f355a1d36ee0fb7321de6482b9764f","vip":1,"crmLevel":3,"crmLevelSwitch":1,"idStr":"3573033813970769","authorIdStr":"3573033813970769"},"htmlText":"Nice ?&nbsp;","listText":"Nice ?&nbsp;","text":"Nice ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/367343196","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":367358980,"gmtCreate":1614913087640,"gmtModify":1704776916737,"author":{"id":"3563922770633609","authorId":"3563922770633609","name":"Ah樂","avatar":"https://static.tigerbbs.com/00e845928f2f43450e6693a4d913e72f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3563922770633609","authorIdStr":"3563922770633609"},"htmlText":"Hold tight guys","listText":"Hold tight guys","text":"Hold tight guys","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/367358980","repostId":1151606825,"repostType":4,"repost":{"id":"1151606825","pubTimestamp":1614903516,"share":"https://ttm.financial/m/news/1151606825?lang=&edition=fundamental","pubTime":"2021-03-05 08:18","market":"us","language":"en","title":"Nasdaq ends sharply lower after Powell comments","url":"https://stock-news.laohu8.com/highlight/detail?id=1151606825","media":"Reuters","summary":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its","content":"<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.</p><p>A decline of 10% from its February record high would confirm the Nasdaq is in a correction.</p><p>The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.</p><p>Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.</p><p>“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.</p><p>GRAPHIC-Nasdaq tumbles 10% from February record high -</p><p>In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&amp;P 500 has declined over 4% from its record high close on Feb. 12.</p><p>Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.</p><p>The crucial monthly payrolls report is expected on Friday.</p><p>Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.</p><p>The S&amp;P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.</p><p>The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&amp;P 500 lost 1.34% to 3,768.47.</p><p>The Nasdaq Composite dropped 2.11% to 12,723.47.</p><p>Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.</p><p>Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&amp;P 500. Tesla dropped almost 5%.</p><p>Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.</p><p>“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 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>Nasdaq ends sharply lower after Powell comments</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\">\nNasdaq ends sharply lower after Powell comments\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-05 08:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors...</p>\n\n<a href=\"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.reuters.com/article/us-usa-stocks/nasdaq-ends-sharply-lower-after-powell-comments-idUSKBN2AW1GH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151606825","content_text":"(Reuters) - Wall Street ended sharply lower on Thursday, leaving the Nasdaq down nearly 10% from its February record high, after remarks from Federal Reserve Chair Jerome Powell disappointed investors worried about rising longer-term U.S. bond yields.A decline of 10% from its February record high would confirm the Nasdaq is in a correction.The benchmark 10-year Treasury yield spiked to 1.533% after Powell’s comments, which did not point to changes in the Fed’s asset purchases to tackle the recent jump in yields. It still held below last week’s one-year high of 1.614%.Some investors had expected the Fed might step up purchases of long-term bonds, helping push down long-term interest rates.“The market has been worried about the rise in long-term interest rates and the Fed chairman in his commentary didn’t really push back towards this increase in rates and the market took it as a signal that yields could rise further, which is what has happened,” said Scott Brown, chief economist at Raymond James in Florida.GRAPHIC-Nasdaq tumbles 10% from February record high -In a day of heavy trading on Wall Street, the Nasdaq wiped out all of its year-to-date gains and ended down 9.7% from its record closing high on Feb. 12. The S&P 500 has declined over 4% from its record high close on Feb. 12.Data showed the number of Americans filing for jobless benefits rose last week, likely boosted by brutal winter storms in the densely populated South, though the labor market outlook is improving amid declining new COVID-19 cases.The crucial monthly payrolls report is expected on Friday.Wall Street has been under pressure in recent sessions as a spike in U.S. bond yields hurt valuations of high-flying tech stocks. Stocks expected to thrive as the economy reopens outperformed in recent weeks due to expectations of a new round of fiscal aid and vaccinations.The S&P 500 energy sector index jumped 2.5% and reached a one-year high on the back of higher oil prices.The Dow Jones Industrial Average fell 1.11% to end at 30,924.14 points, while the S&P 500 lost 1.34% to 3,768.47.The Nasdaq Composite dropped 2.11% to 12,723.47.Volume on U.S. exchanges was 18 billion shares, compared with the 15 billion average for the full session over the last 20 trading days.Apple Inc, Tesla Inc and PayPal Holdings Inc were among the largest drags on the S&P 500. Tesla dropped almost 5%.Tech stocks are particularly sensitive to rising yields because their value rests heavily on future earnings, which are discounted more deeply when bond returns go up.“Valuations are at the high end of historic ranges, so you are seeing selling, especially in the higher valuation areas like the Nasdaq and tech general,” said Tim Ghriskey, chief investment strategist at Inverness Counsel in New York.Declining issues outnumbered advancing ones on the NYSE by a 3.79-to-1 ratio; on Nasdaq, a 5.62-to-1 ratio favored decliners.The S&P 500 posted 28 new 52-week highs and no new lows; the Nasdaq Composite recorded 173 new highs and 151 new lows.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3723523,"gmtCreate":1614943215303,"gmtModify":1680779274327,"authorId":3563934075749379,"author":{"id":3563934075749379,"idStr":"3563934075749379","authorId":3563934075749379,"name":"阿汉","avatar":"https://static.tigerbbs.com/1d5e5a6a13a00b0d3210d8a99e4f2e73","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":367358980,"type":1,"supId":0,"prevId":0,"content":"&nbsp;&nbsp;&nbsp; 报到手都断了","text":"&nbsp;&nbsp;&nbsp; 报到手都断了","html":"&nbsp;&nbsp;&nbsp; 报到手都断了"}],"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":165,"commentSize":136,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}