{"id":467412,"date":"2022-06-24T23:55:14","date_gmt":"2022-06-24T20:55:14","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/dow-jumps-more-800-points-as-wall-street-as-rate-fears-ease\/"},"modified":"2022-06-24T23:55:14","modified_gmt":"2022-06-24T20:55:14","slug":"dow-jumps-more-800-points-as-wall-street-as-rate-fears-ease","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/dow-jumps-more-800-points-as-wall-street-as-rate-fears-ease\/","title":{"rendered":"#Dow jumps more 800 points as Wall Street as rate fears ease"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3be2938fa6d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3be2938fa6d\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/dow-jumps-more-800-points-as-wall-street-as-rate-fears-ease\/#%E2%80%9CDow_jumps_more_800_points_as_Wall_Street_as_rate_fears_ease%E2%80%9D\" >&#8220;Dow jumps more 800 points as Wall Street as rate fears ease&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CDow_jumps_more_800_points_as_Wall_Street_as_rate_fears_ease%E2%80%9D\"><\/span>&#8220;Dow jumps more 800 points as Wall Street as rate fears ease&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Wall Street\u2019s main indexes jumped sharply on Friday in a broad rally as signs of slowing economic growth and a recent pullback in commodity prices tempered expectations for the Federal Reserve\u2019s rate-hike plans.<\/p>\n<p>The Dow Jones Industrial Average\u00a0surged 823.32 points, or 2.7%, to 31,500.68. The S&amp;P 500\u00a0gained 116.01 points, or 3.1%, to end at 3,911.74 points, while the Nasdaq\u00a0soared 375.43 points, or 3.3%, to 11,607.61. <\/p>\n<p>The Dow industrials gained 5.4% for the week, while the Nasdaq and S&amp;P rallied 7.5% and 6.5%, respectively.<\/p>\n<p>Financial markets have been roiled on worries that rapid rate hikes by the Fed to rein in 40-year-high inflation could cause a recession. Investors have been gauging when the market might hit its bottom after the benchmark S&amp;P 500\u00a0earlier this month recorded a 20% drop from its January closing peak, confirming the common definition of a bear market.<\/p>\n<p>\u201cSome of the moves, the sellers just get exhausted so you don\u2019t have as much capital moving out,\u201d said Shawn Cruz, head trading strategist at TD Ameritrade.<\/p>\n<p>\u201cThis might be a little bit of a relief rally,\u201d Cruz said. \u201cBut I think I would not encourage anyone to start going in with both hands at the moment, because we have seen this repeatedly where these things can reverse themselves pretty quickly.\u201d<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/markets-up-800.jpg?w=1024\" alt=\"NYSE traders\" class=\"wp-image-22799823\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/markets-up-800.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/markets-up-800.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/markets-up-800.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Helping ease inflation fears was a sharp drop in commodity prices this week.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>US consumer sentiment fell to a record low in June, but Americans saw a marginal improvement in the outlook for inflation, a survey showed on Friday. Data on Thursday pointed to slowing US business activity in June.\u00a0<\/p>\n<p>Helping ease inflation fears was a sharp drop in commodity prices this week. The Refinitiv\/CoreCommodity Index, which measures prices for energy, agriculture, metals and other commodities, fell to a roughly two-month low on Thursday after hitting a multi-year peak earlier in June.<\/p>\n<p>Fed funds futures traders are now pricing for the benchmark rate to rise to about 3.5% by March, down from expectations last week that it would increase to around 4%.\u00a0<\/p>\n<p>\u201cThe expectation of future rate hikes coming down is part of the equation that makes today\u2019s equity market so strong,\u201d said Peter Tuz, president of Chase Investment Counsel in Charlottesville, Va.<\/p>\n<p>Bank\u00a0stocks\u00a0rallied after the Fed\u2019s annual \u201cstress test\u201d exercise showed that the lenders have enough capital to weather a severe economic downturn.\u00a0<\/p>\n<p>In company <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>, FedEx\u00a0shares jumped after the parcel delivery company issued a stronger-than-expected full-year profit forecast.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/06\/24\/dow-jumps-more-800-points-as-wall-street-as-rate-fears-ease\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Dow jumps more 800 points as Wall Street as rate fears ease&#8221; Wall Street\u2019s main indexes jumped sharply on Friday in a broad rally as signs of slowing economic growth and a recent pullback in commodity prices tempered expectations for the Federal Reserve\u2019s rate-hike plans. The Dow Jones Industrial Average\u00a0surged 823.32 points, or 2.7%, to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":467413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/06\/dow-up-800.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[130640,73977,72332,72388,70359,70360],"class_list":["post-467412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-6-24-22","tag-dow-jones-industrial-average","tag-nasdaq","tag-stock-market","tag-stocks","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/467412","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=467412"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/467412\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/467413"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=467412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=467412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=467412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}