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2022-07-28

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US STOCKS-Nasdaq Has Biggest One-Day Jump Since 2020 After Fed Rate Hike

* Microsoft, Alphabet results spark rally in growth stocks* Fed announces rate hike in unanimous dec

US STOCKS-Nasdaq Has Biggest One-Day Jump Since 2020 After Fed Rate Hike

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LMSunshine
·2022-08-02
Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your posts too!
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LMSunshine
·2022-08-02
Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage & please help to like, many thanks 🤓
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sk27
·2022-07-28
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Tech and growth stocks, whose valuations rely more heavily on future cash flows, have been among the hardest hit this year.</p><p>The S&amp;P 500 closed at its highest level since June 8, with the technology sector giving the index its biggest boost.</p><p>The Fed, in a statement following its two-day meeting, raised the benchmark overnight interest rate by three-quarters of a percentage point. The move came on top of a 75 basis points hike last month and smaller moves in May and March, in an effort by the Fed to cool inflation.</p><p>Powell&#39;s comments in a news conference after the statement gave some investors hope for a slower pace of rate hikes.</p><p>Equity investors have been worried that aggressive hikes by the Fed could tip the economy into recession.</p><p>&#34;He did not commit to any specific rate hike in the September meeting,&#34; said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis.</p><p>Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia, said it was &#34;a calming statement, coming on the heels of a day where you saw some earnings and revenues that were better than expectations, albeit expectations that were very tempered.&#34;</p><p>The Dow Jones Industrial Average rose 436.05 points, or 1.37%, to 32,197.59, the S&amp;P 500 gained 102.56 points, or 2.62%, to 4,023.61 and the Nasdaq Composite added 469.85 points, or 4.06%, to 12,032.42.</p><p>Wednesday&#39;s hike was widely anticipated by investors.</p><p>Microsoft rose 6.7% after it forecast double-digit growth in revenue this fiscal year on demand for cloud computing services.</p><p>Alphabet jumped 7.7%, a day after it reported better-than-expected sales of Google search ads, easing worries about a slowing ad market.</p><p><a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>    added 5.2% after it raised its subscriber growth forecast for the second time this year and exceeded quarterly profit expectations.</p><p>Volume on U.S. exchanges was 10.56 billion shares, compared with the 10.88 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.27-to-1 ratio; on Nasdaq, a 3.15-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</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-Nasdaq Has Biggest One-Day Jump Since 2020 After Fed Rate Hike</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\">\nUS STOCKS-Nasdaq Has Biggest One-Day Jump Since 2020 After Fed Rate Hike\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\">2022-07-28 07:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Microsoft, Alphabet results spark rally in growth stocks</p><p>* Fed announces rate hike in unanimous decision</p><p>* Indexes: Dow up 1.4%, S&amp;P 500 up 2.6%, Nasdaq up 4.1%</p><p>NEW YORK, July 27 (Reuters) - The Nasdaq jumped more than 4% on Wednesday in its biggest daily percentage gain since April 2020 as the Federal Reserve raised interest rates as expected and comments by Fed Chairman Jerome Powell eased some investor worries about the pace of rate hikes.</p><p>Quarterly reports from Microsoft Corp, Alphabet Inc and others added to the day&#39;s upbeat tone.</p><p>The S&amp;P 500 growth index jumped 3.9% and also registered its biggest one-day percentage gain since April 2020. Tech and growth stocks, whose valuations rely more heavily on future cash flows, have been among the hardest hit this year.</p><p>The S&amp;P 500 closed at its highest level since June 8, with the technology sector giving the index its biggest boost.</p><p>The Fed, in a statement following its two-day meeting, raised the benchmark overnight interest rate by three-quarters of a percentage point. The move came on top of a 75 basis points hike last month and smaller moves in May and March, in an effort by the Fed to cool inflation.</p><p>Powell&#39;s comments in a news conference after the statement gave some investors hope for a slower pace of rate hikes.</p><p>Equity investors have been worried that aggressive hikes by the Fed could tip the economy into recession.</p><p>&#34;He did not commit to any specific rate hike in the September meeting,&#34; said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis.</p><p>Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia, said it was &#34;a calming statement, coming on the heels of a day where you saw some earnings and revenues that were better than expectations, albeit expectations that were very tempered.&#34;</p><p>The Dow Jones Industrial Average rose 436.05 points, or 1.37%, to 32,197.59, the S&amp;P 500 gained 102.56 points, or 2.62%, to 4,023.61 and the Nasdaq Composite added 469.85 points, or 4.06%, to 12,032.42.</p><p>Wednesday&#39;s hike was widely anticipated by investors.</p><p>Microsoft rose 6.7% after it forecast double-digit growth in revenue this fiscal year on demand for cloud computing services.</p><p>Alphabet jumped 7.7%, a day after it reported better-than-expected sales of Google search ads, easing worries about a slowing ad market.</p><p><a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>    added 5.2% after it raised its subscriber growth forecast for the second time this year and exceeded quarterly profit expectations.</p><p>Volume on U.S. exchanges was 10.56 billion shares, compared with the 10.88 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 5.27-to-1 ratio; on Nasdaq, a 3.15-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","IVV":"标普500指数ETF","BK4514":"搜索引擎","SDOW":"道指三倍做空ETF-ProShares","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4535":"淡马锡持仓","BK4516":"特朗普概念","DDM":"道指两倍做多ETF","SDS":"两倍做空标普500ETF","BK4567":"ESG概念","BK4553":"喜马拉雅资本持仓","BK4097":"系统软件","UPRO":"三倍做多标普500ETF","BK4534":"瑞士信贷持仓","BK4561":"索罗斯持仓","BK4532":"文艺复兴科技持仓","BK4528":"SaaS概念","BK4507":"流媒体概念","BK4576":"AR","BK4527":"明星科技股","DOG":"道指反向ETF","BK4538":"云计算","BK4566":"资本集团","BK4550":"红杉资本持仓",".DJI":"道琼斯","BK4559":"巴菲特持仓","GOOG":"谷歌","BK4577":"网络游戏","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","BK4077":"互动媒体与服务",".IXIC":"NASDAQ Composite","DJX":"1/100道琼斯","GOOGL":"谷歌A","BK4579":"人工智能","OEX":"标普100",".SPX":"S&P 500 Index","BK4554":"元宇宙及AR概念","SPXU":"三倍做空标普500ETF","BK4503":"景林资产持仓","BK4525":"远程办公概念","BK4574":"无人驾驶","MSFT":"微软","SPY":"标普500ETF","BK4581":"高盛持仓","BK4504":"桥水持仓","OEF":"标普100指数ETF-iShares","DXD":"道指两倍做空ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254972367","content_text":"* Microsoft, Alphabet results spark rally in growth stocks* Fed announces rate hike in unanimous decision* Indexes: Dow up 1.4%, S&P 500 up 2.6%, Nasdaq up 4.1%NEW YORK, July 27 (Reuters) - The Nasdaq jumped more than 4% on Wednesday in its biggest daily percentage gain since April 2020 as the Federal Reserve raised interest rates as expected and comments by Fed Chairman Jerome Powell eased some investor worries about the pace of rate hikes.Quarterly reports from Microsoft Corp, Alphabet Inc and others added to the day's upbeat tone.The S&P 500 growth index jumped 3.9% and also registered its biggest one-day percentage gain since April 2020. Tech and growth stocks, whose valuations rely more heavily on future cash flows, have been among the hardest hit this year.The S&P 500 closed at its highest level since June 8, with the technology sector giving the index its biggest boost.The Fed, in a statement following its two-day meeting, raised the benchmark overnight interest rate by three-quarters of a percentage point. The move came on top of a 75 basis points hike last month and smaller moves in May and March, in an effort by the Fed to cool inflation.Powell's comments in a news conference after the statement gave some investors hope for a slower pace of rate hikes.Equity investors have been worried that aggressive hikes by the Fed could tip the economy into recession.\"He did not commit to any specific rate hike in the September meeting,\" said Jim Paulsen, chief investment strategist at The Leuthold Group in Minneapolis.Peter Tuz, president of Chase Investment Counsel in Charlottesville, Virginia, said it was \"a calming statement, coming on the heels of a day where you saw some earnings and revenues that were better than expectations, albeit expectations that were very tempered.\"The Dow Jones Industrial Average rose 436.05 points, or 1.37%, to 32,197.59, the S&P 500 gained 102.56 points, or 2.62%, to 4,023.61 and the Nasdaq Composite added 469.85 points, or 4.06%, to 12,032.42.Wednesday's hike was widely anticipated by investors.Microsoft rose 6.7% after it forecast double-digit growth in revenue this fiscal year on demand for cloud computing services.Alphabet jumped 7.7%, a day after it reported better-than-expected sales of Google search ads, easing worries about a slowing ad market.T-Mobile US Inc    added 5.2% after it raised its subscriber growth forecast for the second time this year and exceeded quarterly profit expectations.Volume on U.S. exchanges was 10.56 billion shares, compared with the 10.88 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 5.27-to-1 ratio; on Nasdaq, a 3.15-to-1 ratio favored advancers.The S&P 500 posted one new 52-week high and 30 new lows; the Nasdaq Composite recorded 50 new highs and 107 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":450,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103188165,"commentId":"103188165","gmtCreate":1659375315019,"gmtModify":1663255329843,"authorId":4113904591642392,"author":{"id":4113904591642392,"idStr":"4113904591642392","authorId":4113904591642392,"name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.24%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9903393209,"objectIdStr":"9903393209","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly &amp; help to like your posts too!</span>","text":"<span class=\"s1\">Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly &amp; help to like your posts too!</span>","html":"<span class=\"s1\">Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly &amp; help to like your posts too!</span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103188163,"commentId":"103188163","gmtCreate":1659375309970,"gmtModify":1663255329838,"authorId":4113904591642392,"author":{"id":4113904591642392,"idStr":"4113904591642392","authorId":4113904591642392,"name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"93.24%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9903393209,"objectIdStr":"9903393209","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<span class=\"s1\">Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage &amp; please help to like, many thanks 🤓<span class=\"Apple-converted-space\"> </span></span>","text":"<span class=\"s1\">Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage &amp; please help to like, many thanks 🤓<span class=\"Apple-converted-space\"> </span></span>","html":"<span class=\"s1\">Thanks for leaving a comment in my post, appreciate it loads 🤗 Do check out other posts on my homepage &amp; please help to like, many thanks 🤓<span class=\"Apple-converted-space\"> </span></span>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103109572,"commentId":"103109572","gmtCreate":1658969166267,"gmtModify":1663254974438,"authorId":3582018187984085,"author":{"id":3582018187984085,"idStr":"3582018187984085","authorId":3582018187984085,"name":"sk27","avatar":"https://community-static.tradeup.com/news/9eff7bdabcd1448e80d9f4881925e9bb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9903393209,"objectIdStr":"9903393209","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"<u>liked</u>","text":"<u>liked</u>","html":"<u>liked</u>","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"invalid","coins":0,"score":0}],"hasMoreComment":true,"orderType":2}