Dow climbs 189 points to close above 33,000 for the first time as Fed sticks to easy policy

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Dow climbs 189 points to close above 33,000 for the first time as Fed sticks to easy policy

cnbc2021-03-18

U.S. stocks erased earlier losses and jumped higher Wednesday after the Federal Reserve said it sees no interest rate hikes through 2023 and that it will let inflation run hotter than usual to ensure ...

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kupkup
·2021-03-18
Buy buy buy
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1
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NareshwG
·2021-03-18
Nice climb.. Can take profit and wait for new opportunities
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3
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- Jassss:
  Wait for another dip
  2021-03-18
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Darrenhung
·2021-03-18
pls response my comment thanks
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9
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- Darrenhung:
  to the moon??
  2021-03-23
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- Darrenhung:
  sure thx for reply
  2021-03-23
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- reyreyjr:
  teply to this pls thanks
  2021-03-18
  Reply
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Acella
·2021-03-18
Good news!
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8
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- Acella:
  ?
  2021-03-19
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- Acella:
  hopefully!
  2021-03-18
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- Leoneon8881:
  .
  2021-03-18
  Reply
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gabrielteo
·2021-03-18
Let's raise the tides...
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- gabrielteo:
  here you go.
  2021-03-18
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- Jon777:
  Please comment
  2021-03-18
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Tiongwee
·2021-03-18
Good
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1
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LimLS
·2021-03-18
Extra fuel for the bull to continue its run. Good job to those that pick up stocks last few weeks
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WolfOfWallSt
·2021-03-18
Bouncy
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EmmyLok
·2021-03-18
awesome!!!
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kid26
·2021-03-18
Stock market is ready to bounce back after this
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- Jon777:
  Please comment
  2021-03-18
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MicroStrategist
·2021-03-18
Jerry gets to keep his job ???
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Caipeng4L
·2021-03-18
As expected, Fed remains dovish.
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imteng87
·2021-03-18
buy buy buy. pls help like n comment...
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- Acella:
  ?
  2021-03-18
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Tiongwee
·2021-03-18
Great news!
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Ola5528
·2021-03-18
Looking forward to the continued rally in growth stocks. Onwards and upwards!
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AS78
·2021-03-18
Good news
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egtan
·2021-03-18
Rally !
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The S&P 500 erased a 0.7% loss and rose 0.3% to a record closing high of 3,974.12. The Nasdaq Composite wiped out earlier losses and ended the day 0.4% higher at 13,525.20. The tech-heavy benchmark fell 1.5% at one point as growth stocks came under pressure amid surging bond yields again.\nWhile the Fed expects benchmark interest rates to remain near zero for the next two years, the central bank upgraded their economic outlook to reflect expectations for a stronger recovery from the pandemic-triggered recession. Gross domestic product is expected to grow 6.5% in 2021 before cooling off in later years.\nExpectations for core inflation also moved higher, with the committee now looking for a 2.2% gain this year as measured by personal consumption expenditures. The central bank’s stated goal is to keep inflation at 2% over the long run.\n“It sounds like the perfect scenario for investors and the outlook and you’re seeing market response to this very optimistic view,” said Michael Arone, chief investment strategist at State Street Global Advisors. “Monetary policy is going to remain largely accommodative almost regardless of what happens with interest rates, inflation and asset prices.”\nFed Chair Jerome Powell said in a press conference that the Fed would need to see a material and sustained move in inflation above 2% before considering changes to its current easy policy stance.\n“We do expect that we’ll begin to make faster progress on both labor markets and inflation as the year goes on because of the progress with the vaccines, because of the fiscal support that we’re getting,” Powell said. “We expect that to happen, but we’ll have to see it first.”\nThe 10-year Treasury yield came off its high of the day following the central bank’s update, rising 2 basis points to 1.64%. 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The biggest winning sectors in 2021 have been energy and financials, up 35% and 16%, respectively.\nShares of Disney gained 0.5% after CEO Bob Chapek told CNBC that California’s two Disneyland theme parks will reopen on April 30.McDonald’s climbed 1.9% after Deutsche Bank upgraded the stock to buy from hold.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":327169545,"gmtCreate":1616070715887,"gmtModify":1704790496401,"author":{"id":"3572260584180315","authorId":"3572260584180315","name":"kupkup","avatar":"https://static.tigerbbs.com/607a044175ff2a50dca990797fd24fcd","vip":1,"hat":"https://static.tigerbbs.com/50a4c8d97279fa9f8f1fa9749a6bdff4","crmLevel":8,"crmLevelSwitch":1,"idStr":"3572260584180315","authorIdStr":"3572260584180315"},"htmlText":"Buy buy buy&nbsp;","listText":"Buy buy buy&nbsp;","text":"Buy buy buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/327169545","repostId":1198466120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":324748522,"gmtCreate":1616034076166,"gmtModify":1704790004491,"author":{"id":"3572945845916163","authorId":"3572945845916163","name":"NareshwG","avatar":"https://static.tigerbbs.com/0d6dc06165c1a0cc4f1a8169ea48573d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572945845916163","authorIdStr":"3572945845916163"},"htmlText":"Nice climb.. Can take profit and wait for new opportunities&nbsp;","listText":"Nice climb.. Can take profit and wait for new opportunities&nbsp;","text":"Nice climb.. Can take profit and wait for new opportunities","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/324748522","repostId":1198466120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3822859,"gmtCreate":1616037707126,"gmtModify":1680780800305,"authorId":3574244375315958,"author":{"id":3574244375315958,"idStr":"3574244375315958","authorId":3574244375315958,"name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.18","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324748522,"type":1,"supId":0,"prevId":0,"content":"Wait for another dip","text":"Wait for another dip","html":"Wait for another dip"}],"langContent":"EN"},{"id":324785499,"gmtCreate":1616031247711,"gmtModify":1704789952569,"author":{"id":"3574734588858295","authorId":"3574734588858295","name":"Darrenhung","avatar":"https://static.tigerbbs.com/4071eb35791d34354cdd8637c991a073","vip":1,"hat":"https://static.tigerbbs.com/0a8758340a08196056f8bc1e54805193","crmLevel":5,"crmLevelSwitch":0,"idStr":"3574734588858295","authorIdStr":"3574734588858295"},"htmlText":"pls response my comment thanks","listText":"pls response my comment thanks","text":"pls response my comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/324785499","repostId":1198466120,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3858641,"gmtCreate":1616461714852,"gmtModify":1680781352503,"authorId":3574734588858295,"author":{"id":3574734588858295,"idStr":"3574734588858295","authorId":3574734588858295,"name":"Darrenhung","avatar":"https://static.tigerbbs.com/4071eb35791d34354cdd8637c991a073","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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moon??"},{"id":3858645,"gmtCreate":1616461734808,"gmtModify":1680781348149,"authorId":3574734588858295,"author":{"id":3574734588858295,"idStr":"3574734588858295","authorId":3574734588858295,"name":"Darrenhung","avatar":"https://static.tigerbbs.com/4071eb35791d34354cdd8637c991a073","vip":1,"currentWearingBadge":{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a 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reply"},{"id":3823134,"gmtCreate":1616040277129,"gmtModify":1680780810716,"authorId":3574929017125033,"author":{"id":3574929017125033,"idStr":"3574929017125033","authorId":3574929017125033,"name":"reyreyjr","avatar":"https://static.tigerbbs.com/f2d5195924dc2ed050733714c6a5e88a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324785499,"type":1,"supId":0,"prevId":0,"content":"teply to this pls thanks","text":"teply to this pls thanks","html":"teply to this pls thanks"},{"id":3822864,"gmtCreate":1616037731500,"gmtModify":1680780800582,"authorId":3574244375315958,"author":{"id":3574244375315958,"idStr":"3574244375315958","authorId":3574244375315958,"name":"Jassss","avatar":"https://static.tigerbbs.com/a1a74261bc0d795b37c8c963ee5393f0","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 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"},{"id":3822203,"gmtCreate":1616032295850,"gmtModify":1680780794606,"authorId":3576711181846967,"author":{"id":3576711181846967,"idStr":"3576711181846967","authorId":3576711181846967,"name":"不期待一夜暴富","avatar":"https://static.tigerbbs.com/7519eefd649555699f848ab1a1c71306","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":324785499,"type":1,"supId":0,"prevId":0,"content":"Sure, Please response and like to my comment ","text":"Sure, Please response and like to my comment ","html":"Sure, Please response and like to my comment "}],"langContent":"EN"},{"id":324780735,"gmtCreate":1616030823527,"gmtModify":1704789943508,"author":{"id":"3563150446821026","authorId":"3563150446821026","name":"Acella","avatar":"https://static.tigerbbs.com/2712c4bb0bfbec4d2773e012189db3bc","vip":1,"crmLevel":9,"crmLevelSwitch":1,"idStr":"3563150446821026","authorIdStr":"3563150446821026"},"htmlText":"Good news!","listText":"Good news!","text":"Good 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