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- blackzodiacblackzodiac
  ·2022-02-25
  He's indirectly saying "Wait, there will be a betterdip when Russia attacks US"😆
  Russia’s Attack on Ukraine: ‘Now Is Not a Time to Be Buying the Dip’ in Stocks, Cautions Wells Fargo Strategist
  The risk of even higher inflation following the invasion of Ukraine is a ‘main concern’ for investor
  Russia’s Attack on Ukraine: ‘Now Is Not a Time to Be Buying the Dip’ in Stocks, Cautions Wells Fargo Strategist
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- blackzodiacblackzodiac
  ·2022-02-24
  Dip is coming🤑
  US STOCKS-Wall Street Extends Selloff on Ukraine Worries
  * U.S. and allies keep tougher measures against Russia in reserve* Lowe's rises after upbeat outlook* Indexes: Dow down 1.4%, S&P 500 down 1.8%, Nasdaq down 2.6%NEW YORK, Feb 23 (Reuters) - Wall Stree
  US STOCKS-Wall Street Extends Selloff on Ukraine Worries
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The S&amp;P 500 index SPX, +1.50% was down 0.5%, deepening its fall into correction territory.</p><p>While investors have been anxious about geopolitical tensions surrounding Ukraine, a full-scale invasion of the country by Russia was not priced into markets, according to Christopher. The stock market is on its “heels” ahead of anticipated rate hikes by the Federal Reserve, possibly as soon as next month, to tame high inflation that risks running hotter because of the invasion, he said.</p><p>While some investors may also be worrying about the potential for another “Cold War,” he said it’s not clear Russia would have the economic resources to expand its “imperial reach” and subjugate countries in a buffer zone around its borders like in the days of the former Soviet Union.</p><p>President Joe Biden on Thursday, while announcing new international sanctions against Russia, said it was still too early to tell if the conflict in Ukraine could be contained or if it would spill over into another Cold War.</p><p>“The more immediate worry for investors is what happens with inflation,” said Christopher, pointing to potential disruptions to the balance of supply and demand in energy, aluminum, nickel and fertilizer. That could push up prices. “With inflation running at 7.5% year-over-year, that spillover is the main concern for investors.”</p><p>Read: Ukraine invasion stokes stagflation worries because Russia is a ‘commodity superstore’</p><p>In Christopher’s view, rate hikes by the Fed aren’t “off the table” despite the turmoil created by Russian President Vladimir Putin’s decision to attack Ukraine on Thursday. While “a more moderate Fed going forward seems likely,” Christopher said that with the economy still growing “they could easily still do a quarter point in March and then just say ‘we’ll be data dependent’.”</p><p>In the meantime, Christopher said he continues to favor U.S. stocks over international equities, saying Russian-related tensions likely will weigh more heavily on European markets.</p><p>The STOXX Europe 600 SXXP, -3.28% index closed 3.3% lower Thursday, while London’s FTSE 100 index UKX, -3.88% dropped 3.9%, according to FactSet data.</p><p>“Despite its physical size, Russia has a relatively small economy and its largest trading partners are China and Europe,” according to a Wells Fargo Investment Research note Wednesday that was authored by Christopher. “There is little direct trade between Russia and the world outside of Europe and China, so both the sanctions on Russia and damage to sentiment likely will fall squarely on the European economies.”</p><p>Within equities, Christopher told MarketWatch he continues to like “quality” bets in areas including information technology and communication services, as well as “cyclicals” such as financials and industrials. He said he recommends underweighting defensive sectors including utilities and consumer staples.</p><p>“We’re not looking for a recession” in 2022, Christopher said. “We think you’ll have a chance to buy equities later this year.”</p></body></html>","source":"lsy1603348471595","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>Russia’s Attack on Ukraine: ‘Now Is Not a Time to Be Buying the Dip’ in Stocks, Cautions Wells Fargo Strategist</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; 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}\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\">\nRussia’s Attack on Ukraine: ‘Now Is Not a Time to Be Buying the Dip’ in Stocks, Cautions Wells Fargo Strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-25 08:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/russias-attack-on-ukraine-now-is-not-a-time-to-be-buying-the-dip-in-stocks-cautions-wells-fargo-strategist-11645731089?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The risk of even higher inflation following the invasion of Ukraine is a ‘main concern’ for investors, says the head of global market strategy at Wells Fargo Investment Institute.Investors should ...</p>\n\n<a href=\"https://www.marketwatch.com/story/russias-attack-on-ukraine-now-is-not-a-time-to-be-buying-the-dip-in-stocks-cautions-wells-fargo-strategist-11645731089?mod=home-page\">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.marketwatch.com/story/russias-attack-on-ukraine-now-is-not-a-time-to-be-buying-the-dip-in-stocks-cautions-wells-fargo-strategist-11645731089?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107678705","content_text":"The risk of even higher inflation following the invasion of Ukraine is a ‘main concern’ for investors, says the head of global market strategy at Wells Fargo Investment Institute.Investors should probably hold back from putting cash to work in the sinking stock market as geopolitical fears swirl around Russia’s full-scale invasion of Ukraine, according to Paul Christopher, head of global market strategy at Wells Fargo Investment Institute.“Now is not a time to be buying the dip if you have cash,” said Christopher, in a phone interview Thursday.  “And don’t sell.” he said. “It’s just a time to be patient” as there’s “too much uncertainty.”U.S. stocks were falling Thursday afternoon, with the Dow Jones Industrial Average DJIA, +0.28% showing a sharp decline of 1.5%, according to FactSet data, at last check. The S&P 500 index SPX, +1.50% was down 0.5%, deepening its fall into correction territory.While investors have been anxious about geopolitical tensions surrounding Ukraine, a full-scale invasion of the country by Russia was not priced into markets, according to Christopher. The stock market is on its “heels” ahead of anticipated rate hikes by the Federal Reserve, possibly as soon as next month, to tame high inflation that risks running hotter because of the invasion, he said.While some investors may also be worrying about the potential for another “Cold War,” he said it’s not clear Russia would have the economic resources to expand its “imperial reach” and subjugate countries in a buffer zone around its borders like in the days of the former Soviet Union.President Joe Biden on Thursday, while announcing new international sanctions against Russia, said it was still too early to tell if the conflict in Ukraine could be contained or if it would spill over into another Cold War.“The more immediate worry for investors is what happens with inflation,” said Christopher, pointing to potential disruptions to the balance of supply and demand in energy, aluminum, nickel and fertilizer. That could push up prices. “With inflation running at 7.5% year-over-year, that spillover is the main concern for investors.”Read: Ukraine invasion stokes stagflation worries because Russia is a ‘commodity superstore’In Christopher’s view, rate hikes by the Fed aren’t “off the table” despite the turmoil created by Russian President Vladimir Putin’s decision to attack Ukraine on Thursday. While “a more moderate Fed going forward seems likely,” Christopher said that with the economy still growing “they could easily still do a quarter point in March and then just say ‘we’ll be data dependent’.”In the meantime, Christopher said he continues to favor U.S. stocks over international equities, saying Russian-related tensions likely will weigh more heavily on European markets.The STOXX Europe 600 SXXP, -3.28% index closed 3.3% lower Thursday, while London’s FTSE 100 index UKX, -3.88% dropped 3.9%, according to FactSet data.“Despite its physical size, Russia has a relatively small economy and its largest trading partners are China and Europe,” according to a Wells Fargo Investment Research note Wednesday that was authored by Christopher. “There is little direct trade between Russia and the world outside of Europe and China, so both the sanctions on Russia and damage to sentiment likely will fall squarely on the European economies.”Within equities, Christopher told MarketWatch he continues to like “quality” bets in areas including information technology and communication services, as well as “cyclicals” such as financials and industrials. He said he recommends underweighting defensive sectors including utilities and consumer staples.“We’re not looking for a recession” in 2022, Christopher said. “We think you’ll have a chance to buy equities later this year.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030894793,"gmtCreate":1645674091781,"gmtModify":1676534052473,"author":{"id":"4101208594269310","authorId":"4101208594269310","name":"blackzodiac","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4101208594269310","authorIdStr":"4101208594269310"},"themes":[],"htmlText":"Dip is coming🤑","listText":"Dip is coming🤑","text":"Dip is coming🤑","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030894793","repostId":"2213091531","repostType":4,"repost":{"id":"2213091531","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1645658738,"share":"https://ttm.financial/m/news/2213091531?lang=&edition=fundamental","pubTime":"2022-02-24 07:25","market":"us","language":"en","title":"US STOCKS-Wall Street Extends Selloff on Ukraine Worries","url":"https://stock-news.laohu8.com/highlight/detail?id=2213091531","media":"Reuters","summary":"* U.S. and allies keep tougher measures against Russia in reserve* Lowe's rises after upbeat outlook* Indexes: Dow down 1.4%, S&P 500 down 1.8%, Nasdaq down 2.6%NEW YORK, Feb 23 (Reuters) - Wall Stree","content":"<html><head></head><body><p>* U.S. and allies keep tougher measures against Russia in reserve</p><p>* Lowe&#39;s rises after upbeat outlook</p><p>* Indexes: Dow down 1.4%, S&amp;P 500 down 1.8%, Nasdaq down 2.6%</p><p>NEW YORK, Feb 23 (Reuters) - Wall Street&#39;s major indexes ended sharply lower on Wednesday, extending their recent rout as Ukraine declared a state of emergency and the U.S. State Department said a Russian invasion of Ukraine remains potentially imminent.</p><p>The State Department added that Washington has not seen any indication of Russians backing away, while the White House said President Joe Biden has no intention of sending U.S. troops to fight in Ukraine.</p><p>Earlier, the West unveiled more sanctions against Russia over its move into eastern Ukraine, and Moscow began evacuating its Kyiv embassy.</p><p>Nasdaq led the day&#39;s decline, falling more than 2%, while the information technology sector    dropped 2.6% and was the biggest drag on the S&amp;P 500.</p><p>&#34;If anything (Russian) President Putin is digging his heels in despite the increased sanctions,&#34; said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. &#34;That&#39;s really adding to elevated nervousness about further aggressive actions and what that will mean for commodities and inflation overall.&#34;</p><p>The Dow came within a hair&#39;s breadth of confirming it was in a correction on Wednesday, while the S&amp;P 500 in the previous session confirmed it was in a correction when the index ended down more than 10% from its Jan. 3 closing record high. A correction is confirmed when an index closes 10% or more below its record closing level.</p><p>The Nasdaq has tumbled almost 19% from its record-high close on Nov. 19, nearing a 20% decline that many investors view as the definition of a bear market.</p><p>The Dow Jones Industrial Average    fell 464.85 points, or 1.38%, to 33,131.76, the S&amp;P 500    lost 79.26 points, or 1.84%, to 4,225.5 and the Nasdaq Composite    dropped 344.03 points, or 2.57%, to 13,037.49.</p><p>Investors also have been on edge about possible aggressive tightening by the Federal Reserve to combat inflation.</p><p>&#34;There&#39;s been geopolitical risks and rhetoric that have given investors that much more to be worried about,&#34; said Liz Young, head of investment strategy at SoFi.</p><p>&#34;What it&#39;s done is exacerbate the momentum that was already in place to the downside,&#34; she said. &#34;What we were seeing already coming into this was clearly a compression in multiples across a number of different highly valued areas of the market.&#34;</p><p>A Reuters poll showed the S&amp;P 500 index still rising by end-2022.</p><p>In company news, shares of Lowe&#39;s Cos Inc    ended slightly higher after the company raised full-year sales and profit forecasts.</p><p>Declining issues outnumbered advancing ones on the New York Stock Exchange by a 2.92-to-1 ratio; on Nasdaq, a 3.14-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 39 new lows; the Nasdaq Composite recorded 24 new highs and 550 new lows.</p><p>Volume on U.S. exchanges was 11.98 billion shares, compared with the roughly 12.3 billion average for the full session over the last 20 trading days.</p></body></html>","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>US STOCKS-Wall Street Extends Selloff on Ukraine Worries</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\">\nUS STOCKS-Wall Street Extends Selloff on Ukraine Worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-02-24 07:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* U.S. and allies keep tougher measures against Russia in reserve</p><p>* Lowe&#39;s rises after upbeat outlook</p><p>* Indexes: Dow down 1.4%, S&amp;P 500 down 1.8%, Nasdaq down 2.6%</p><p>NEW YORK, Feb 23 (Reuters) - Wall Street&#39;s major indexes ended sharply lower on Wednesday, extending their recent rout as Ukraine declared a state of emergency and the U.S. State Department said a Russian invasion of Ukraine remains potentially imminent.</p><p>The State Department added that Washington has not seen any indication of Russians backing away, while the White House said President Joe Biden has no intention of sending U.S. troops to fight in Ukraine.</p><p>Earlier, the West unveiled more sanctions against Russia over its move into eastern Ukraine, and Moscow began evacuating its Kyiv embassy.</p><p>Nasdaq led the day&#39;s decline, falling more than 2%, while the information technology sector    dropped 2.6% and was the biggest drag on the S&amp;P 500.</p><p>&#34;If anything (Russian) President Putin is digging his heels in despite the increased sanctions,&#34; said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. &#34;That&#39;s really adding to elevated nervousness about further aggressive actions and what that will mean for commodities and inflation overall.&#34;</p><p>The Dow came within a hair&#39;s breadth of confirming it was in a correction on Wednesday, while the S&amp;P 500 in the previous session confirmed it was in a correction when the index ended down more than 10% from its Jan. 3 closing record high. A correction is confirmed when an index closes 10% or more below its record closing level.</p><p>The Nasdaq has tumbled almost 19% from its record-high close on Nov. 19, nearing a 20% decline that many investors view as the definition of a bear market.</p><p>The Dow Jones Industrial Average    fell 464.85 points, or 1.38%, to 33,131.76, the S&amp;P 500    lost 79.26 points, or 1.84%, to 4,225.5 and the Nasdaq Composite    dropped 344.03 points, or 2.57%, to 13,037.49.</p><p>Investors also have been on edge about possible aggressive tightening by the Federal Reserve to combat inflation.</p><p>&#34;There&#39;s been geopolitical risks and rhetoric that have given investors that much more to be worried about,&#34; said Liz Young, head of investment strategy at SoFi.</p><p>&#34;What it&#39;s done is exacerbate the momentum that was already in place to the downside,&#34; she said. &#34;What we were seeing already coming into this was clearly a compression in multiples across a number of different highly valued areas of the market.&#34;</p><p>A Reuters poll showed the S&amp;P 500 index still rising by end-2022.</p><p>In company news, shares of Lowe&#39;s Cos Inc    ended slightly higher after the company raised full-year sales and profit forecasts.</p><p>Declining issues outnumbered advancing ones on the New York Stock Exchange by a 2.92-to-1 ratio; on Nasdaq, a 3.14-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 2 new 52-week highs and 39 new lows; the Nasdaq Composite recorded 24 new highs and 550 new lows.</p><p>Volume on U.S. exchanges was 11.98 billion shares, compared with the roughly 12.3 billion average for the full session over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QQQ":"纳指100ETF","DOG":"道指反向ETF","QID":"纳指两倍做空ETF","PSQ":"纳指反向ETF","DJX":"1/100道琼斯","DXD":"道指两倍做空ETF","DDM":"道指两倍做多ETF",".IXIC":"NASDAQ Composite","UDOW":"道指三倍做多ETF-ProShares","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF","QLD":"纳指两倍做多ETF",".DJI":"道琼斯","SDOW":"道指三倍做空ETF-ProShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2213091531","content_text":"* U.S. and allies keep tougher measures against Russia in reserve* Lowe's rises after upbeat outlook* Indexes: Dow down 1.4%, S&P 500 down 1.8%, Nasdaq down 2.6%NEW YORK, Feb 23 (Reuters) - Wall Street's major indexes ended sharply lower on Wednesday, extending their recent rout as Ukraine declared a state of emergency and the U.S. State Department said a Russian invasion of Ukraine remains potentially imminent.The State Department added that Washington has not seen any indication of Russians backing away, while the White House said President Joe Biden has no intention of sending U.S. troops to fight in Ukraine.Earlier, the West unveiled more sanctions against Russia over its move into eastern Ukraine, and Moscow began evacuating its Kyiv embassy.Nasdaq led the day's decline, falling more than 2%, while the information technology sector    dropped 2.6% and was the biggest drag on the S&P 500.\"If anything (Russian) President Putin is digging his heels in despite the increased sanctions,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles. \"That's really adding to elevated nervousness about further aggressive actions and what that will mean for commodities and inflation overall.\"The Dow came within a hair's breadth of confirming it was in a correction on Wednesday, while the S&P 500 in the previous session confirmed it was in a correction when the index ended down more than 10% from its Jan. 3 closing record high. A correction is confirmed when an index closes 10% or more below its record closing level.The Nasdaq has tumbled almost 19% from its record-high close on Nov. 19, nearing a 20% decline that many investors view as the definition of a bear market.The Dow Jones Industrial Average    fell 464.85 points, or 1.38%, to 33,131.76, the S&P 500    lost 79.26 points, or 1.84%, to 4,225.5 and the Nasdaq Composite    dropped 344.03 points, or 2.57%, to 13,037.49.Investors also have been on edge about possible aggressive tightening by the Federal Reserve to combat inflation.\"There's been geopolitical risks and rhetoric that have given investors that much more to be worried about,\" said Liz Young, head of investment strategy at SoFi.\"What it's done is exacerbate the momentum that was already in place to the downside,\" she said. \"What we were seeing already coming into this was clearly a compression in multiples across a number of different highly valued areas of the market.\"A Reuters poll showed the S&P 500 index still rising by end-2022.In company news, shares of Lowe's Cos Inc    ended slightly higher after the company raised full-year sales and profit forecasts.Declining issues outnumbered advancing ones on the New York Stock Exchange by a 2.92-to-1 ratio; on Nasdaq, a 3.14-to-1 ratio favored decliners.The S&P 500 posted 2 new 52-week highs and 39 new lows; the Nasdaq Composite recorded 24 new highs and 550 new lows.Volume on U.S. exchanges was 11.98 billion shares, compared with the roughly 12.3 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}