Page 8 - ஹாங் காங் பரிமாற்றங்கள் அழித்தல் லிமிடெட் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stocks Rally as Powell Soothes Traders’ Nerves: Markets Wrap Bloomberg 2/24/2021 Lu Wang and Kamaron Leach (Bloomberg) U.S. equities reversed losses and staged a rally as Federal Reserve Chairman Jerome Powell reaffirmed his view that the economy needs support. Government bond yields climbed along with oil prices. Energy and industrial companies led gains in the S&P 500 Index, offsetting weakness for tech stocks. Banks advanced, sending an industry gauge to its highest since 2007, and small caps rallied more than 2% after U.S. regulators said Johnson & Johnson’s Covid-19 vaccine is safe and effective. Tesla Inc. gained after Ark Investment Management’s Cathie Wood said she bought shares during this week’s selloff. U.S. 10-year yields touched 1.43%, the highest since February 2020, before paring the increase.

Hong kongUnited kingdomCity ofJerome powellJanet yellenCathie woodQuincy krosbyStoxx europeTelecom italia spHong kong exchanges clearing ltdSenate banking committeeFederal reservePrudential financialItalia spaFederal reserve chairman jeromeBloomberg nasdaq