The rotation, away from tech stocks into economically sensitive cyclical stocks, drove up shares of industrial and financial blue chips like Boeing and Goldman Sachs, underscoring the outlook for a strong reopening of the U.

輪動，從科技股轉向對經濟敏感的週期性股票，帶動了波音和高盛等工業和金融藍籌股的股價上漲，凸顯了美國強勢重開的前景。

S economy.

S經濟。

Rising bond yields the benchmark Treasury note, hit its highest level since February of last year, reviving inflation concerns that hurt high growth tech stocks, denting the NASDAQ, which closed down 6/10 percent.

基準國債收益率上升，創下去年2月以來的最高水準，令通脹憂慮重燃，傷害了高增長的科技股，令納斯達克指數受挫，收跌6/10%。

The Dow rose 9 10% and the S and P 500 inch to 10th percent higher for the week.

道指上漲9 10%，S和P 500指數本週寸升至10%。

The three indexes made solid gains.

三大指數漲勢穩健。

TANAKA GROWTH Fund manager Graham Tanaka says he's bullish about the outlook for equities.

TANAKA GROWTH基金經理Graham Tanaka表示，他看好股票的前景。

We're encouraged because, of course, NASDAQ has had had its 10% correction.

我們受到鼓舞，因為，當然，納斯達克已經有了10%的修正。

That's quote unquote normal correction in a in a bull market.

這是行情看漲的市場中的正常修正。

Why is this bull market not over?

為什麼這個牛市還沒有結束？

We believe we believe it's not over because it's very early in the economic recovery.

我們相信我們相信還沒有結束，因為現在是經濟復甦的初期。

Among the NASDAQ's big decliners, Alta Beauty shares fell nearly 9%.

在納斯達克大跌的股票中，愛爾塔美股價下跌近9%。

The cosmetic retailers annual revenue outlook disappointed investors extended stay at home policies hurt demand for its makeup products.

化妝品零售商的年度收入前景令人失望投資者延長留在家裡的政策傷害了對其化妝產品的需求。

Novavax shares rose 8%.

諾瓦克斯股價上漲8%。

The company said a late stage trial showed its Covid 19 vaccine was 96% effective in preventing cases caused by the original version of the coronavirus.

該公司表示，後期試驗顯示，其Covid 19疫苗對預防原始版本的冠狀病毒引起的病例有96%的有效性。