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  • Wall Street reversed its losses late Tuesday, with the S and P 500 the Dow creeping into positive territory.

    華爾街週二晚些時候扭轉了跌勢,S和P 500指數道指漸入正軌。

  • By the close, the NASDAQ was the only major U.


  • S stock index in the session to lose ground, falling half a percentage point.


  • High flying tech stocks such as Apple and Amazon weight on the market for much of the day as investors instead rushed into shares that stand to benefit the most from a reopening economy.


  • The job is not done, Investors anxieties eased after Federal Reserve Chair your own Powell, in testimony before Congress, pushed back against concerns that inflation will become a threat and signaled no change to the central bank's easy money policies.


  • The main thing that we can do is continuous the court, um, the economy give it to support that it needs were still 10 million jobs below the level of payroll jobs before the crisis, there is still a long way to go.


  • Max Wolff, economist at Systematic Ventures, says investors are at an inflection point.

    Systematic Ventures的經濟學家Max Wolff表示,投資者正處於一個拐點。

  • Yes, So the market has tended to see all the bad news as fabulous as an insurance that interest rates will stay in the near zero zone and policy will stay accommodative.


  • But I think it's starting to dawn on some people.


  • There's actually a reason for that which isn't so fabulous, which is that for a lot of folks, particularly the bottom 60 to 80% of the income distribution and for folks who are less able to work remotely and be kind of seamlessly employed before, during and after the pandemic, there's been a whole lot of loss here.


  • Tesla closed down more than 2% lower after sliding as much as 13% earlier in the session.


  • The electric car maker dropped amid the tech selloff and the decline of Bitcoin.


  • The company had recently announced it invested $1.5 billion into the crypto currency, which took a hit on Tuesday.


  • Meanwhile, home improvement retailer Home Depot posted better than expected quarterly earnings.


  • But it casts doubt on whether spiking sales, driven by consumers taking on do it yourself projects as they spend more time at home, are sustainable.


  • Going forward.


Wall Street reversed its losses late Tuesday, with the S and P 500 the Dow creeping into positive territory.

華爾街週二晚些時候扭轉了跌勢,S和P 500指數道指漸入正軌。


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標準普爾500指數收高,尾盤上演U型反轉行情 (S&P 500 closes higher in late session U-turn)

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    林宜悉 發佈於 2021 年 02 月 24 日