Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic
No Result
View All Result
Thndr Claps

Thndr Claps » U.S. Claps » Nasdaq 🔔 » Stocks woke up on the wrong side of the bed📉

Stocks woke up on the wrong side of the bed📉

by Shams Abbas
May 6, 2022

The Clap

Yesterday saw major stock indices pull back sharply as the Dow Jones, S&P 500, & NASDAQ fell 3.12%, 3.56%, & 4.99%, respectively.

What happened?

Investors are worried about persistent high inflation, rising interest rates, & China’s Covid lockdowns depressed sentiment. Although stocks rallied immediately after the Fed increased rates a couple of days ago, fear has struck investors again.

The NASDAQ was down bad…

The tech-heavy index suffered as household companies such as Amazon, Apple, Netflix, Microsoft & Alphabet all saw their shares down between 4% to 8%.

..& the S&P didn’t stand a chance

More than 90% of companies in the S&P 500 declined yesterday.

Why this matters

The Fed isn’t nearly done raising rates to fight inflation. The Central Bank is likely to raise rates another 0.50% in the next meeting, & may well raise them another 0.50% in the meeting after. Investors are expecting an economic slowdown, as well as fears of a recession.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Amazon, Revenue, Claps
Tech 📲

Amazon sets modest forecast ☁️

by Omar El Shorafa
February 3, 2023
Claps, Tech, NASDAQ
Tech 📲

Meta reports strong Q4 earnings 📱

by Omar El Shorafa
February 2, 2023
Claps, Economy
Economy 🏢

Fed hikes rates by 0.25% 🏛️

by Omar El Shorafa
February 2, 2023
Claps , Economy
Economy 🏢

PCE continues to slide 💸

by Omar El Shorafa
January 30, 2023
Intel, Chips, NASDAQ
Tech 📲

An underwhelming quarter from Intel 📉

by Omar El Shorafa
January 27, 2023
Tadawul launches Albilad MSCI US ETF 💵
Economy 🏢

US GDP grows despite recession fears

by Omar El Shorafa
January 27, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
  • Arabic

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)