Nasdaq, S&P 500, Dow Jones Race Higher As Fed's Powell Touts Front-Loading Hikes

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Nasdaq, S&P 500, Dow Jones Race Higher As Fed's Powell Touts Front-Loading Hikes

Seeking Alpha2022-06-16

Stocks are bouncing back Wednesday, rallying as Fed Chairman Jay Powell said another hike of75 basis pointsis possible in July.The Nasdaq (COMP.IND)+3.12%, S&P 500 (SP500)+2.15%and Dow (DJI),+1.51%, ...

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YueShan
·2022-06-16
Ok
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VivianChua
·2022-06-16
Ok 👌
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Simonnov
·2022-06-16
Ic
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Mushroom88
·2022-06-16
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Looyusooi
·2022-06-16
Ok
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Jess261
·2022-06-16
Okay
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SCLIEW
·2022-06-16
666
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kenong62
·2022-06-16
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ccy1122
·2022-06-16
[OK] [OK] [OK] [Like] [Like] [Like]
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Pandachubby
·2022-06-16
Ok
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EHG
·2022-06-16
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LongZR
·2022-06-16
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CharlesKing
·2022-06-16
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Sunshine_2
·2022-06-16
Ok
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Chitz
·2022-06-16
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TCF
·2022-06-16
Good morning .. ☀️
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DaveWLF
·2022-06-16
More 0.75 instead of 0.5
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CT888
·2022-06-16
One more month of digestion before the Fed worry starts again.
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ASMH
·2022-06-16
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WannaBluffy
·2022-06-16
👍
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The 10-year Treasury yield is down 10 basis points to 3.38% and the 2-year is down 11 basis points to 3.33%. Both had been down more than 10 basis points before the decision.Powell said that hikes of 75 basis points would not be \"common,\" but that the FOMC was looking at a choice between 75 and 50 in July, which would bring rates to a \"more normal range\" and give the Fed more flexibility.Fed watchers also took notice when he said the Fed was \"determined\" to keep inflation expectations around 2%.The ramp up in the Fed's dot plot of economic expectations may have worried equity investors. 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[OK] [OK] [Like] [Like] 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morning .. ☀️","listText":"Good morning .. ☀️","text":"Good morning .. ☀️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054029318","repostId":1156507730,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054064954,"gmtCreate":1655333832878,"gmtModify":1676535613632,"author":{"id":"3581484544078459","authorId":"3581484544078459","name":"DaveWLF","avatar":"https://static.tigerbbs.com/ab3019f262c5904b094ef2497a87a00d","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"More 0.75 instead of 0.5","listText":"More 0.75 instead of 0.5","text":"More 0.75 instead of 0.5","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9054064954","repostId":1156507730,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9054065843,"gmtCreate":1655333783982,"gmtModify":1676535613615,"author":{"id":"3575511427814197","authorId":"3575511427814197","name":"CT888","avatar":"https://community-static.tradeup.com/news/0ba92dc026885f1bf5318f0706fc093d","vip":1,"crmLevel":8,"crmLevelSwitch":1},"htmlText":"One more month of digestion before the Fed worry starts again.","listText":"One more month of digestion before the Fed worry starts again.","text":"One more month of digestion before the Fed worry starts 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