Big Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100

Bloomberg2022-04-12

Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-cap tech stocksTraders are shunning technology stocks amid mounting risks from soaring Treasury ...

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Comment（29）

MIe
·2022-04-12
Profits. On big tech weekly before next rate hike
Reply
1
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IAS
·2022-04-12
If think long term, and the money invested isnot urgent, then can perhaps hold and wait. Provided the stocks have strong fundamentals.
Reply
1
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Jeff2022
·2022-04-12
Hold and watch! Lol.
Reply
1
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cactuspot
·2022-04-12
💥
Reply
3
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Mr Mooney
·2022-04-12
Sell and Take some profit. It is not good time to hold stock. I Guess too
Reply
4
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Aninpooh
·2022-04-12
Thanks
Reply
Like
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ccy1122
·2022-04-12
[Facepalm] [Facepalm] [Facepalm] [Cry] [Cry] [Cry] [Gosh] [Gosh] [Gosh]
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NareshwG
·2022-04-12
Wow. That's alot of money
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5
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kevinlaisq
·2022-04-12
Pls like
Reply
4
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JohnL
·2022-04-12
Run run
Reply
2
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phongy 45
·2022-04-12
Crazy
Reply
2
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blackblack1
·2022-04-12
Like
Reply
5
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Ajay29
·2022-04-12
Insightful article, thanks for sharing 🙏
Reply
3
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KB7
·2022-04-12
Bad, bad, bad
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2
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Ramss
·2022-04-12
☹️
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3
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K74
·2022-04-12
Okay
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2
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YJ Lee
·2022-04-12
Ok
Reply
1
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YJ Lee
·2022-04-12
Ok
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1
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Microsoft Corp. tumbled 3.9%, its worst decline in more than a month. Chipmaker Nvidia Corp. sank 5.2%,extending losses sustained over the past five sessions to 20%. The stock hasn’t had a five-day run this bad since March 2020.“There’s so much pessimism,” said Kim Forrest, chief investment officer and founder of Bokeh Capital Partners. “The war in Ukraine, higher interest rates, recession fears, China’s Covid lockdowns and then oil prices -- it’s all very gloomy.”Those macro-economic risks are causing even some of the most outspoken bulls to grow more cautious. JPMorgan Chase & Co.’s Marko Kolanovic advised clients to take some profits, citing risks from geopolitics and Fed tightening, just a month after he advised adding to stock holdings.Kolanovic may be onto something, however, as the latest bout of selling comes after a three-week rally that sent the Nasdaq soaring 16% from a March 14 low as investors snapped up growth stocks amid optimism that they would be well-positioned to outperform as economic growth slows. Now, that optimism has been replaced by fear that an aggressive Fed bent on fighting inflation at all costs will send the economy into recession.Tough Risk EnvironmentFed Governor Christopher Waller acknowledged those risks on Monday, saying that interest rate hikes are a “brute-force tool” that can cause “collateral damage.”The Fed raised its key rate by a quarter point last month and signaled it expects to lift it to 1.9% by the end of 2022 as the central bank seeks to bring inflation under control. Officials have said they’re open to moving faster if needed, including by hiking a half point at the central bank’s May 3-4 meeting. Higher interest rates reduce the present value of future earnings, weighing especially on shares of fast-growing companies whose profit potential isn’t expected to be realized for years.“This is a tough environment to want to hold onto risk and that might remain the case until investors believe the Fed may not be as aggressive with tightening policy,” Edward Moya, senior market analyst at Oanda, wrote in a note to clients. “The Fed has locked itself into delivering a couple massive rate hikes and the earliest they could flip-flop and ease up on tightening as growth concerns become a priority is the middle of the summer.”In January, a whopping $3 trillion was wiped out by the time the rout bottomed out, while February and March were relatively better, seeing selloffs of $1.7 trillion and $1.5 trillion, respectively. Companies in the index have a combined market value of $16.9 trillion, led by Apple Inc., Microsoft Corp. and Amazon.com Inc.Earnings can’t come fast enough for investors like Bokeh Capital’s Forrest, who believes that spending on technology remains robust and will hold up relatively well even in a downturn.“I’m expecting earnings and commentary to put the focus back on strong fundamentals,” she said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9017303264,"gmtCreate":1649740946430,"gmtModify":1676534562149,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":5,"crmLevelSwitch":0},"htmlText":"Profits. On big tech weekly before next rate hike","listText":"Profits. On big tech weekly before next rate hike","text":"Profits. On big tech weekly before next rate hike","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017303264","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017048315,"gmtCreate":1649728913175,"gmtModify":1676534559297,"author":{"id":"3576136694569207","authorId":"3576136694569207","name":"IAS","avatar":"https://static.tigerbbs.com/933fbcc1d9c75b4ff82486f8a48a3e7c","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"If think long term, and the money invested isnot urgent, then can perhaps hold and wait. Provided the stocks have strong fundamentals.&nbsp;","listText":"If think long term, and the money invested isnot urgent, then can perhaps hold and wait. Provided the stocks have strong fundamentals.&nbsp;","text":"If think long term, and the money invested isnot urgent, then can perhaps hold and wait. Provided the stocks have strong fundamentals.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017048315","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017055171,"gmtCreate":1649728155710,"gmtModify":1676534559127,"author":{"id":"4109979272507442","authorId":"4109979272507442","name":"Jeff2022","avatar":"https://static.itradeup.com/news/e3c358e9995749d218a540214c2210c2","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1},"htmlText":"Hold and watch! Lol.","listText":"Hold and watch! Lol.","text":"Hold and watch! Lol.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017055171","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017025780,"gmtCreate":1649727386245,"gmtModify":1676534558830,"author":{"id":"3581837078692589","authorId":"3581837078692589","name":"cactuspot","avatar":"https://static.tigerbbs.com/94c3a8704d6c2ece9fce2b814d8c533a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"💥","listText":"💥","text":"💥","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017025780","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017021058,"gmtCreate":1649727045606,"gmtModify":1676534558733,"author":{"id":"3583044537429562","authorId":"3583044537429562","name":"Mr Mooney","avatar":"https://community-static.tradeup.com/news/6836340f20d36afa666f6d8d4b0a929d","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Sell and&nbsp;Take some profit. It is not good time to hold stock. I Guess too","listText":"Sell and&nbsp;Take some profit. It is not good time to hold stock. I Guess too","text":"Sell and Take some profit. It is not good time to hold stock. I Guess too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017021058","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017064913,"gmtCreate":1649726443070,"gmtModify":1676534558620,"author":{"id":"4103546058868860","authorId":"4103546058868860","name":"Aninpooh","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017064913","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017087878,"gmtCreate":1649725836210,"gmtModify":1676534558414,"author":{"id":"4103860021943040","authorId":"4103860021943040","name":"ccy1122","avatar":"https://static.itradeup.com/news/562c0e01bcfc63800f64741051cd9dbe","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"[Facepalm]&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;[Gosh]&nbsp;[Gosh]&nbsp;[Gosh]&nbsp;","listText":"[Facepalm]&nbsp;[Facepalm]&nbsp;[Facepalm]&nbsp;[Cry]&nbsp;[Cry]&nbsp;[Cry]&nbsp;[Gosh]&nbsp;[Gosh]&nbsp;[Gosh]&nbsp;","text":"[Facepalm] [Facepalm] [Facepalm] [Cry] [Cry] [Cry] [Gosh] [Gosh] [Gosh]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017087878","repostId":1188411817,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017082313,"gmtCreate":1649725678033,"gmtModify":1676534558364,"author":{"id":"3572945845916163","authorId":"3572945845916163","name":"NareshwG","avatar":"https://static.tigerbbs.com/0d6dc06165c1a0cc4f1a8169ea48573d","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Wow. That's alot of money&nbsp;","listText":"Wow. That's alot of money&nbsp;","text":"Wow. That's alot of money","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017082313","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017086951,"gmtCreate":1649725497006,"gmtModify":1676534558332,"author":{"id":"3572874548548490","authorId":"3572874548548490","name":"kevinlaisq","avatar":"https://static.tigerbbs.com/329de1199f764a89b7cadf50308e183d","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017086951","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017089795,"gmtCreate":1649725180757,"gmtModify":1676534558258,"author":{"id":"3570369418287680","authorId":"3570369418287680","name":"JohnL","avatar":"https://community-static.tradeup.com/news/20db2fa4f65cb04a8d837d400a1b5d7b","vip":1,"crmLevel":5,"crmLevelSwitch":1},"htmlText":"Run run","listText":"Run run","text":"Run run","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017089795","repostId":1188411817,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017089492,"gmtCreate":1649725172742,"gmtModify":1676534558249,"author":{"id":"4101978790494150","authorId":"4101978790494150","name":"phongy 45","avatar":"https://static.tigerbbs.com/f6f41e543307358288f75d55fe347ad2","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Crazy&nbsp;","listText":"Crazy&nbsp;","text":"Crazy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017089492","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017014524,"gmtCreate":1649724946011,"gmtModify":1676534558033,"author":{"id":"4087735305621010","authorId":"4087735305621010","name":"blackblack1","avatar":"https://static.tigerbbs.com/77a3f9b815b90862b1826692953a69dd","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017014524","repostId":1188411817,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017013901,"gmtCreate":1649724482381,"gmtModify":1676534557887,"author":{"id":"3582799148579670","authorId":"3582799148579670","name":"Ajay29","avatar":"https://static.tigerbbs.com/c66b9c3187e633dcff1384f7a0eca0a0","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Insightful article, thanks for sharing 🙏","listText":"Insightful article, thanks for sharing 🙏","text":"Insightful article, thanks for sharing 🙏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017013901","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017019407,"gmtCreate":1649724471995,"gmtModify":1676534557878,"author":{"id":"4108785852215140","authorId":"4108785852215140","name":"KB7","avatar":"https://community-static.tradeup.com/news/c9169ed976fc668b90aec860e5c08e85","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Bad, bad, bad","listText":"Bad, bad, bad","text":"Bad, bad, bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017019407","repostId":1188411817,"repostType":4,"repost":{"id":"1188411817","pubTimestamp":1649723135,"share":"https://www.laohu8.com/m/news/1188411817?lang=&edition=full","pubTime":"2022-04-12 08:25","market":"us","language":"en","title":"Big Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100","url":"https://stock-news.laohu8.com/highlight/detail?id=1188411817","media":"Bloomberg","summary":"Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-","content":"<html><head></head><body><ul><li>Nvidia, Microsoft struggle on threat from Fed raising rates</li><li>Surge in Treasury yields weighs on large-cap tech stocks</li></ul><p>Traders are shunning technology stocks amid mounting risks from soaring Treasury yields and hawkish commentary from the Federal Reserve.</p><p>The Nasdaq 100 Stock Index fell 2.4% Monday, adding to losses sustained last week that have erased over $1 trillion in market value from the tech-heavy benchmark in the past five sessions. Microsoft Corp. tumbled 3.9%, its worst decline in more than a month. Chipmaker Nvidia Corp. sank 5.2%,extending losses sustained over the past five sessions to 20%. The stock hasn’t had a five-day run this bad since March 2020.</p><p>“There’s so much pessimism,” said Kim Forrest, chief investment officer and founder of Bokeh Capital Partners. “The war in Ukraine, higher interest rates, recession fears, China’s Covid lockdowns and then oil prices -- it’s all very gloomy.”</p><p><img src=\"https://static.tigerbbs.com/e7485031c7059c7de042466c120adc76\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Those macro-economic risks are causing even some of the most outspoken bulls to grow more cautious. JPMorgan Chase &amp; Co.’s Marko Kolanovic advised clients to take some profits, citing risks from geopolitics and Fed tightening, just a month after he advised adding to stock holdings.</p><p>Kolanovic may be onto something, however, as the latest bout of selling comes after a three-week rally that sent the Nasdaq soaring 16% from a March 14 low as investors snapped up growth stocks amid optimism that they would be well-positioned to outperform as economic growth slows. Now, that optimism has been replaced by fear that an aggressive Fed bent on fighting inflation at all costs will send the economy into recession.</p><p><b>Tough Risk Environment</b></p><p>Fed Governor Christopher Waller acknowledged those risks on Monday, saying that interest rate hikes are a “brute-force tool” that can cause “collateral damage.”</p><p>The Fed raised its key rate by a quarter point last month and signaled it expects to lift it to 1.9% by the end of 2022 as the central bank seeks to bring inflation under control. Officials have said they’re open to moving faster if needed, including by hiking a half point at the central bank’s May 3-4 meeting. Higher interest rates reduce the present value of future earnings, weighing especially on shares of fast-growing companies whose profit potential isn’t expected to be realized for years.</p><p>“This is a tough environment to want to hold onto risk and that might remain the case until investors believe the Fed may not be as aggressive with tightening policy,” Edward Moya, senior market analyst at Oanda, wrote in a note to clients. “The Fed has locked itself into delivering a couple massive rate hikes and the earliest they could flip-flop and ease up on tightening as growth concerns become a priority is the middle of the summer.”</p><p>In January, a whopping $3 trillion was wiped out by the time the rout bottomed out, while February and March were relatively better, seeing selloffs of $1.7 trillion and $1.5 trillion, respectively. Companies in the index have a combined market value of $16.9 trillion, led by Apple Inc., Microsoft Corp. and Amazon.com Inc.</p><p>Earnings can’t come fast enough for investors like Bokeh Capital’s Forrest, who believes that spending on technology remains robust and will hold up relatively well even in a downturn.</p><p>“I’m expecting earnings and commentary to put the focus back on strong fundamentals,” she said.</p></body></html>","source":"lsy1584095487587","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>Big Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100</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\">\nBig Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-12 08:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-11/big-tech-swept-into-rout-that-zaps-1-trillion-from-nasdaq-100><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-cap tech stocksTraders are shunning technology stocks amid mounting risks from soaring Treasury ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-11/big-tech-swept-into-rout-that-zaps-1-trillion-from-nasdaq-100\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","NDX":"纳斯达克100指数","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-11/big-tech-swept-into-rout-that-zaps-1-trillion-from-nasdaq-100","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188411817","content_text":"Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-cap tech stocksTraders are shunning technology stocks amid mounting risks from soaring Treasury yields and hawkish commentary from the Federal Reserve.The Nasdaq 100 Stock Index fell 2.4% Monday, adding to losses sustained last week that have erased over $1 trillion in market value from the tech-heavy benchmark in the past five sessions. Microsoft Corp. tumbled 3.9%, its worst decline in more than a month. Chipmaker Nvidia Corp. sank 5.2%,extending losses sustained over the past five sessions to 20%. The stock hasn’t had a five-day run this bad since March 2020.“There’s so much pessimism,” said Kim Forrest, chief investment officer and founder of Bokeh Capital Partners. “The war in Ukraine, higher interest rates, recession fears, China’s Covid lockdowns and then oil prices -- it’s all very gloomy.”Those macro-economic risks are causing even some of the most outspoken bulls to grow more cautious. JPMorgan Chase & Co.’s Marko Kolanovic advised clients to take some profits, citing risks from geopolitics and Fed tightening, just a month after he advised adding to stock holdings.Kolanovic may be onto something, however, as the latest bout of selling comes after a three-week rally that sent the Nasdaq soaring 16% from a March 14 low as investors snapped up growth stocks amid optimism that they would be well-positioned to outperform as economic growth slows. Now, that optimism has been replaced by fear that an aggressive Fed bent on fighting inflation at all costs will send the economy into recession.Tough Risk EnvironmentFed Governor Christopher Waller acknowledged those risks on Monday, saying that interest rate hikes are a “brute-force tool” that can cause “collateral damage.”The Fed raised its key rate by a quarter point last month and signaled it expects to lift it to 1.9% by the end of 2022 as the central bank seeks to bring inflation under control. Officials have said they’re open to moving faster if needed, including by hiking a half point at the central bank’s May 3-4 meeting. Higher interest rates reduce the present value of future earnings, weighing especially on shares of fast-growing companies whose profit potential isn’t expected to be realized for years.“This is a tough environment to want to hold onto risk and that might remain the case until investors believe the Fed may not be as aggressive with tightening policy,” Edward Moya, senior market analyst at Oanda, wrote in a note to clients. “The Fed has locked itself into delivering a couple massive rate hikes and the earliest they could flip-flop and ease up on tightening as growth concerns become a priority is the middle of the summer.”In January, a whopping $3 trillion was wiped out by the time the rout bottomed out, while February and March were relatively better, seeing selloffs of $1.7 trillion and $1.5 trillion, respectively. Companies in the index have a combined market value of $16.9 trillion, led by Apple Inc., Microsoft Corp. and Amazon.com Inc.Earnings can’t come fast enough for investors like Bokeh Capital’s Forrest, who believes that spending on technology remains robust and will hold up relatively well even in a downturn.“I’m expecting earnings and commentary to put the focus back on strong fundamentals,” she said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017037749,"gmtCreate":1649724361274,"gmtModify":1676534557837,"author":{"id":"3586821517786612","authorId":"3586821517786612","name":"Ramss","avatar":"https://static.itradeup.com/news/32ea4a64cc1d716f47897f2f8a8c7faa","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"☹️","listText":"☹️","text":"☹️","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017037749","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017034033,"gmtCreate":1649724264748,"gmtModify":1676534557772,"author":{"id":"3574026189533561","authorId":"3574026189533561","name":"K74","avatar":"https://community-static.tradeup.com/news/0915c1dbb625a1fab842a01a98e9f31a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Okay&nbsp;","listText":"Okay&nbsp;","text":"Okay","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017034033","repostId":1188411817,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017036070,"gmtCreate":1649724125578,"gmtModify":1676534557711,"author":{"id":"4108816210230400","authorId":"4108816210230400","name":"YJ Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017036070","repostId":1188411817,"repostType":4,"repost":{"id":"1188411817","pubTimestamp":1649723135,"share":"https://www.laohu8.com/m/news/1188411817?lang=&edition=full","pubTime":"2022-04-12 08:25","market":"us","language":"en","title":"Big Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100","url":"https://stock-news.laohu8.com/highlight/detail?id=1188411817","media":"Bloomberg","summary":"Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-","content":"<html><head></head><body><ul><li>Nvidia, Microsoft struggle on threat from Fed raising rates</li><li>Surge in Treasury yields weighs on large-cap tech stocks</li></ul><p>Traders are shunning technology stocks amid mounting risks from soaring Treasury yields and hawkish commentary from the Federal Reserve.</p><p>The Nasdaq 100 Stock Index fell 2.4% Monday, adding to losses sustained last week that have erased over $1 trillion in market value from the tech-heavy benchmark in the past five sessions. Microsoft Corp. tumbled 3.9%, its worst decline in more than a month. Chipmaker Nvidia Corp. sank 5.2%,extending losses sustained over the past five sessions to 20%. The stock hasn’t had a five-day run this bad since March 2020.</p><p>“There’s so much pessimism,” said Kim Forrest, chief investment officer and founder of Bokeh Capital Partners. “The war in Ukraine, higher interest rates, recession fears, China’s Covid lockdowns and then oil prices -- it’s all very gloomy.”</p><p><img src=\"https://static.tigerbbs.com/e7485031c7059c7de042466c120adc76\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Those macro-economic risks are causing even some of the most outspoken bulls to grow more cautious. JPMorgan Chase &amp; Co.’s Marko Kolanovic advised clients to take some profits, citing risks from geopolitics and Fed tightening, just a month after he advised adding to stock holdings.</p><p>Kolanovic may be onto something, however, as the latest bout of selling comes after a three-week rally that sent the Nasdaq soaring 16% from a March 14 low as investors snapped up growth stocks amid optimism that they would be well-positioned to outperform as economic growth slows. Now, that optimism has been replaced by fear that an aggressive Fed bent on fighting inflation at all costs will send the economy into recession.</p><p><b>Tough Risk Environment</b></p><p>Fed Governor Christopher Waller acknowledged those risks on Monday, saying that interest rate hikes are a “brute-force tool” that can cause “collateral damage.”</p><p>The Fed raised its key rate by a quarter point last month and signaled it expects to lift it to 1.9% by the end of 2022 as the central bank seeks to bring inflation under control. Officials have said they’re open to moving faster if needed, including by hiking a half point at the central bank’s May 3-4 meeting. Higher interest rates reduce the present value of future earnings, weighing especially on shares of fast-growing companies whose profit potential isn’t expected to be realized for years.</p><p>“This is a tough environment to want to hold onto risk and that might remain the case until investors believe the Fed may not be as aggressive with tightening policy,” Edward Moya, senior market analyst at Oanda, wrote in a note to clients. “The Fed has locked itself into delivering a couple massive rate hikes and the earliest they could flip-flop and ease up on tightening as growth concerns become a priority is the middle of the summer.”</p><p>In January, a whopping $3 trillion was wiped out by the time the rout bottomed out, while February and March were relatively better, seeing selloffs of $1.7 trillion and $1.5 trillion, respectively. Companies in the index have a combined market value of $16.9 trillion, led by Apple Inc., Microsoft Corp. and Amazon.com Inc.</p><p>Earnings can’t come fast enough for investors like Bokeh Capital’s Forrest, who believes that spending on technology remains robust and will hold up relatively well even in a downturn.</p><p>“I’m expecting earnings and commentary to put the focus back on strong fundamentals,” she said.</p></body></html>","source":"lsy1584095487587","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>Big Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100</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\">\nBig Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-12 08:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-11/big-tech-swept-into-rout-that-zaps-1-trillion-from-nasdaq-100><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-cap tech stocksTraders are shunning technology stocks amid mounting risks from soaring Treasury ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-11/big-tech-swept-into-rout-that-zaps-1-trillion-from-nasdaq-100\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","NDX":"纳斯达克100指数","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-11/big-tech-swept-into-rout-that-zaps-1-trillion-from-nasdaq-100","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188411817","content_text":"Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-cap tech stocksTraders are shunning technology stocks amid mounting risks from soaring Treasury yields and hawkish commentary from the Federal Reserve.The Nasdaq 100 Stock Index fell 2.4% Monday, adding to losses sustained last week that have erased over $1 trillion in market value from the tech-heavy benchmark in the past five sessions. Microsoft Corp. tumbled 3.9%, its worst decline in more than a month. Chipmaker Nvidia Corp. sank 5.2%,extending losses sustained over the past five sessions to 20%. The stock hasn’t had a five-day run this bad since March 2020.“There’s so much pessimism,” said Kim Forrest, chief investment officer and founder of Bokeh Capital Partners. “The war in Ukraine, higher interest rates, recession fears, China’s Covid lockdowns and then oil prices -- it’s all very gloomy.”Those macro-economic risks are causing even some of the most outspoken bulls to grow more cautious. JPMorgan Chase & Co.’s Marko Kolanovic advised clients to take some profits, citing risks from geopolitics and Fed tightening, just a month after he advised adding to stock holdings.Kolanovic may be onto something, however, as the latest bout of selling comes after a three-week rally that sent the Nasdaq soaring 16% from a March 14 low as investors snapped up growth stocks amid optimism that they would be well-positioned to outperform as economic growth slows. Now, that optimism has been replaced by fear that an aggressive Fed bent on fighting inflation at all costs will send the economy into recession.Tough Risk EnvironmentFed Governor Christopher Waller acknowledged those risks on Monday, saying that interest rate hikes are a “brute-force tool” that can cause “collateral damage.”The Fed raised its key rate by a quarter point last month and signaled it expects to lift it to 1.9% by the end of 2022 as the central bank seeks to bring inflation under control. Officials have said they’re open to moving faster if needed, including by hiking a half point at the central bank’s May 3-4 meeting. Higher interest rates reduce the present value of future earnings, weighing especially on shares of fast-growing companies whose profit potential isn’t expected to be realized for years.“This is a tough environment to want to hold onto risk and that might remain the case until investors believe the Fed may not be as aggressive with tightening policy,” Edward Moya, senior market analyst at Oanda, wrote in a note to clients. “The Fed has locked itself into delivering a couple massive rate hikes and the earliest they could flip-flop and ease up on tightening as growth concerns become a priority is the middle of the summer.”In January, a whopping $3 trillion was wiped out by the time the rout bottomed out, while February and March were relatively better, seeing selloffs of $1.7 trillion and $1.5 trillion, respectively. Companies in the index have a combined market value of $16.9 trillion, led by Apple Inc., Microsoft Corp. and Amazon.com Inc.Earnings can’t come fast enough for investors like Bokeh Capital’s Forrest, who believes that spending on technology remains robust and will hold up relatively well even in a downturn.“I’m expecting earnings and commentary to put the focus back on strong fundamentals,” she said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9017038538,"gmtCreate":1649724117489,"gmtModify":1676534557705,"author":{"id":"4108816210230400","authorId":"4108816210230400","name":"YJ Lee","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017038538","repostId":1188411817,"repostType":4,"repost":{"id":"1188411817","pubTimestamp":1649723135,"share":"https://www.laohu8.com/m/news/1188411817?lang=&edition=full","pubTime":"2022-04-12 08:25","market":"us","language":"en","title":"Big Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100","url":"https://stock-news.laohu8.com/highlight/detail?id=1188411817","media":"Bloomberg","summary":"Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-","content":"<html><head></head><body><ul><li>Nvidia, Microsoft struggle on threat from Fed raising rates</li><li>Surge in Treasury yields weighs on large-cap tech stocks</li></ul><p>Traders are shunning technology stocks amid mounting risks from soaring Treasury yields and hawkish commentary from the Federal Reserve.</p><p>The Nasdaq 100 Stock Index fell 2.4% Monday, adding to losses sustained last week that have erased over $1 trillion in market value from the tech-heavy benchmark in the past five sessions. Microsoft Corp. tumbled 3.9%, its worst decline in more than a month. Chipmaker Nvidia Corp. sank 5.2%,extending losses sustained over the past five sessions to 20%. The stock hasn’t had a five-day run this bad since March 2020.</p><p>“There’s so much pessimism,” said Kim Forrest, chief investment officer and founder of Bokeh Capital Partners. “The war in Ukraine, higher interest rates, recession fears, China’s Covid lockdowns and then oil prices -- it’s all very gloomy.”</p><p><img src=\"https://static.tigerbbs.com/e7485031c7059c7de042466c120adc76\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"/></p><p>Those macro-economic risks are causing even some of the most outspoken bulls to grow more cautious. JPMorgan Chase &amp; Co.’s Marko Kolanovic advised clients to take some profits, citing risks from geopolitics and Fed tightening, just a month after he advised adding to stock holdings.</p><p>Kolanovic may be onto something, however, as the latest bout of selling comes after a three-week rally that sent the Nasdaq soaring 16% from a March 14 low as investors snapped up growth stocks amid optimism that they would be well-positioned to outperform as economic growth slows. Now, that optimism has been replaced by fear that an aggressive Fed bent on fighting inflation at all costs will send the economy into recession.</p><p><b>Tough Risk Environment</b></p><p>Fed Governor Christopher Waller acknowledged those risks on Monday, saying that interest rate hikes are a “brute-force tool” that can cause “collateral damage.”</p><p>The Fed raised its key rate by a quarter point last month and signaled it expects to lift it to 1.9% by the end of 2022 as the central bank seeks to bring inflation under control. Officials have said they’re open to moving faster if needed, including by hiking a half point at the central bank’s May 3-4 meeting. Higher interest rates reduce the present value of future earnings, weighing especially on shares of fast-growing companies whose profit potential isn’t expected to be realized for years.</p><p>“This is a tough environment to want to hold onto risk and that might remain the case until investors believe the Fed may not be as aggressive with tightening policy,” Edward Moya, senior market analyst at Oanda, wrote in a note to clients. “The Fed has locked itself into delivering a couple massive rate hikes and the earliest they could flip-flop and ease up on tightening as growth concerns become a priority is the middle of the summer.”</p><p>In January, a whopping $3 trillion was wiped out by the time the rout bottomed out, while February and March were relatively better, seeing selloffs of $1.7 trillion and $1.5 trillion, respectively. Companies in the index have a combined market value of $16.9 trillion, led by Apple Inc., Microsoft Corp. and Amazon.com Inc.</p><p>Earnings can’t come fast enough for investors like Bokeh Capital’s Forrest, who believes that spending on technology remains robust and will hold up relatively well even in a downturn.</p><p>“I’m expecting earnings and commentary to put the focus back on strong fundamentals,” she said.</p></body></html>","source":"lsy1584095487587","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>Big Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100</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\">\nBig Tech Swept Into Selloff Erasing $1 Trillion From Nasdaq 100\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-12 08:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-04-11/big-tech-swept-into-rout-that-zaps-1-trillion-from-nasdaq-100><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-cap tech stocksTraders are shunning technology stocks amid mounting risks from soaring Treasury ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-04-11/big-tech-swept-into-rout-that-zaps-1-trillion-from-nasdaq-100\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","NDX":"纳斯达克100指数","MSFT":"微软",".SPX":"S&P 500 Index","NVDA":"英伟达",".DJI":"道琼斯"},"source_url":"https://www.bloomberg.com/news/articles/2022-04-11/big-tech-swept-into-rout-that-zaps-1-trillion-from-nasdaq-100","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188411817","content_text":"Nvidia, Microsoft struggle on threat from Fed raising ratesSurge in Treasury yields weighs on large-cap tech stocksTraders are shunning technology stocks amid mounting risks from soaring Treasury yields and hawkish commentary from the Federal Reserve.The Nasdaq 100 Stock Index fell 2.4% Monday, adding to losses sustained last week that have erased over $1 trillion in market value from the tech-heavy benchmark in the past five sessions. Microsoft Corp. tumbled 3.9%, its worst decline in more than a month. Chipmaker Nvidia Corp. sank 5.2%,extending losses sustained over the past five sessions to 20%. The stock hasn’t had a five-day run this bad since March 2020.“There’s so much pessimism,” said Kim Forrest, chief investment officer and founder of Bokeh Capital Partners. “The war in Ukraine, higher interest rates, recession fears, China’s Covid lockdowns and then oil prices -- it’s all very gloomy.”Those macro-economic risks are causing even some of the most outspoken bulls to grow more cautious. JPMorgan Chase & Co.’s Marko Kolanovic advised clients to take some profits, citing risks from geopolitics and Fed tightening, just a month after he advised adding to stock holdings.Kolanovic may be onto something, however, as the latest bout of selling comes after a three-week rally that sent the Nasdaq soaring 16% from a March 14 low as investors snapped up growth stocks amid optimism that they would be well-positioned to outperform as economic growth slows. Now, that optimism has been replaced by fear that an aggressive Fed bent on fighting inflation at all costs will send the economy into recession.Tough Risk EnvironmentFed Governor Christopher Waller acknowledged those risks on Monday, saying that interest rate hikes are a “brute-force tool” that can cause “collateral damage.”The Fed raised its key rate by a quarter point last month and signaled it expects to lift it to 1.9% by the end of 2022 as the central bank seeks to bring inflation under control. Officials have said they’re open to moving faster if needed, including by hiking a half point at the central bank’s May 3-4 meeting. Higher interest rates reduce the present value of future earnings, weighing especially on shares of fast-growing companies whose profit potential isn’t expected to be realized for years.“This is a tough environment to want to hold onto risk and that might remain the case until investors believe the Fed may not be as aggressive with tightening policy,” Edward Moya, senior market analyst at Oanda, wrote in a note to clients. “The Fed has locked itself into delivering a couple massive rate hikes and the earliest they could flip-flop and ease up on tightening as growth concerns become a priority is the middle of the summer.”In January, a whopping $3 trillion was wiped out by the time the rout bottomed out, while February and March were relatively better, seeing selloffs of $1.7 trillion and $1.5 trillion, respectively. Companies in the index have a combined market value of $16.9 trillion, led by Apple Inc., Microsoft Corp. and Amazon.com Inc.Earnings can’t come fast enough for investors like Bokeh Capital’s Forrest, who believes that spending on technology remains robust and will hold up relatively well even in a downturn.“I’m expecting earnings and commentary to put the focus back on strong fundamentals,” she said.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":355,"commentSize":29,"repostSize":0,"favoriteSize":2,"likeStatus":false,"favoriteStatus":false}}