U.S. stocks jumped on Monday led by technology shares as investors flocked back into growth names amid declining bond yields.
Shares of Tesla added 2.3% as rates fell and as Cathie Wood's Ark Invest put out a new price target on the stock which calls for it to. Apple, Microsoft and Netflix all gained at least 2%, while Amazon and Facebook climbed more than 1% each. "After the reopening exuberance fades and interest rates level off, investors will rotate back into large cap technology stocks with strong free cash flow, recurring revenues and increasing user penetration," said Richard Saperstein, chief investment officer at Treasury Partners.President Joe Biden is eyeing an infrastructure deal with as much as $3 trillion spending to boost the economy.
Still, optimism about the markets and the economic recovery has been growing as vaccines roll out across the country, with the pace of Americans getting shots climbing in recent weeks.showed the Covid vaccine developed by AstraZeneca and the University of Oxford is 79% effective in preventing symptomatic illness and 100% effective against severe disease and hospitalization.
robtfrank fmjakechoi gazua
robtfrank Does everybody else change the channel when either of these guys comes on?
robtfrank The two worst things about CNBC
robtfrank ENJIN coin
robtfrank I would by the NFT on Joe Kernan's brain for like $5!
robtfrank Lol just buy everything. Lol nft gold, silver, stocks, oil, $$, house... things only go up in value. Lol
robtfrank Tell me when there is a Climate Chaos NFT!
robtfrank Can we go somewhere today?
robtfrank I actually spent all day researching and looking at NFT’s and some of the art is pretty neat. Don’t know if I’d pay these insane prices though
The bubble is still expanding, as bubbles do and then?
RelistXRP
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