US STOCKS-Wall Street Rallies, Capping Frenetic Week with Best Day of the Year

Reuters2022-01-29

(Reuters) - Wall Street surged on Friday, notching its best day so far in 2022 after another zigzag session, ending a tumultuous week marked by mixed corporate earnings, geopolitical turmoil and an ...

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精彩评论

hitithard
2022-01-29
hitithard
K
jejesss
2022-01-29
jejesss
Ok
hu1250
2022-01-29
hu1250
Pls like
- hu1250:
  Ok
LibeQ
2022-01-29
LibeQ
Like
- jejesss:
  ok
Andr3
2022-01-29
Andr3
L
- LibeQ:
  Ok
- Andr3:
  c
OngCK
2022-01-29
OngCK
Like and comment pls

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Tech stocks were the clear winners, gaining 4.3%, the biggest one-day jump for the sector since April 6, 2020.Fourth-quarter reporting season was firing on all cylinders, with 168 of the companies in the S&P 500 having reported. Of those, 77% have delivered consensus-beating results, according to Refinitiv data.But investors have been increasingly focused on guidance, and the extent to which companies expect ongoing global supply challenges to affect their bottom line going forward.\"As we move into 2022, and as Omicron peaks and the weather improves, I expect supply-chain pressures to ease,\" Said Ross Mayfield, investment strategy analyst at Baird in Louisville, Kentucky. \"(They) will probably peak sometime this quarter, and ease throughout the year.\"Data storage equipment maker Western Digital cited supply-chain headwinds after it reported lower than expected revenue and provided a disappointing forecast, sending its shares sliding 7.3%.Caterpillar Inc fell 5.2% following the equipment maker's warning that higher production and labor costs will pressure its profit margin.Chevron Corp dropped 3.5% on downbeat fourth-quarter profit.However, Apple's 7.0% jump gave the S&P 500 and the Nasdaq their biggest 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