Stimulus jitters dent Wall Street’s earlier gains
The Nasdaq rose to another record high Monday along with the S&P 500. Optimistic investors scooped up stay-at-home tech stocks like Microsoft, Facebook and Apple ahead of their earnings reports this week. But the Dow pulled back slightly Monday on concerns over the timing and size of fiscal stimulus.
The Nasdaq ended up seven-tenth percent but well off its highs for the day. The S&P 500 gained four-tenth percent. But the Dow receded a tenth percent.
Kramer Capital Research chief investment officer Hilary Kramer says investors this week may take their cues from Apple, which rose nearly 3% Monday ahead of their earnings report on Wednesday.
“Apple just hit another 52-week high on expectations of you know, kind of new gadgets coming out in 2022, but that’s going to also lead the market or bring the market down depending on what they were.”
She senses some froth in the market, pointing to GameStop, whose shares doubled intraday before investors settled for a rise of 18%. Traders noted that short-sellers could be quickly buying back into the stock to cover potential losses as retail investors pile into benefit from the surge.
Shares of Merck inched up two-tenth percent after the drug maker said it’s scrapping development of two COVID-19 vaccines.
Microsoft gained one-and-half percent. Wedbush Securities raised its price target on the software maker’s stock, citing the potential for further growth in its cloud business this year.
相關影片推薦
- 1:48屏東黑鮪魚季人潮爆滿 華僑市場成「違停熱區」華視影音20,901 次觀看・1 天前
- 1:48詭! 女子90度低頭「呆站不動」目擊民眾:她眼睜好大東森新聞影音116,610 次觀看・3 天前
- 2:12澳洲5寶媽攜6.9公斤毒闖台遭逮 親友聲援喊搶救華視影音171,067 次觀看・20 小時前
- 1:11楊丞琳《歌手》被淘汰 粉絲為她抱屈點名「他靠矯情才留下」娛樂星聞9,787 次觀看・17 小時前
- 1:58獨家》澎湖爆量機車塞滿加油站 業者:40分鐘才加完東森新聞影音121,299 次觀看・18 小時前
- 1:05Jennie低調捐款一億元行善 捐款人上出現亮點粉絲看哭娛樂星聞6,953 次觀看・17 小時前
- 0:19伊朗總統「墜機地點」找到了 失事前影片曝光!民視影音40,631 次觀看・8 小時前
- 1:40陌生妙齡女穿「車手標配」 鄰居急報警!阻詐110萬東森新聞影音3,326 次觀看・1 天前
- 0:59初選後遺症?民眾喊罷免徐巧芯!周永鴻:費粉積怨已久!民視影音61,008 次觀看・1 天前
- 2:05花壽司驚見「蛞蝓」蠕動! 名醫:誤食恐腦膜炎死亡民視影音5,100 次觀看・20 小時前
熱門必看
- 1:03湯唯與孔劉劇照曝光 兩人笑臉盈盈好養眼娛樂星聞63,977 次觀看・5 天前
- 3:01甜點、便當通通只要日幣XXX元! 網友實測LAWSON 100有多好逛Yahoo創作摩人51,369 次觀看・1 週前
- 12:47【不夠善良的我們】大結局解析+討論 照顧情敵的原因?何瑞之到底愛不愛老婆?許瑋甯也太會演了吧!Ki笑人生95,292 次觀看・1 週前
- 12:582024買不起房,都是自己害的?近30年台灣房價都不會下跌,未來房子只會越來越小 ft.游庭皓SHIN LI77,511 次觀看・1 週前
- 9:14【爆球連發】" OS特化扳機 !! " OS-109 獨角獸 開箱測試雷達之星19,816 次觀看・5 天前