Good news for Wall Street investors holding Healthcare and Technology stocksUpdated time: 24 Jan, 2022, 14:18 (UTC+04:00)
Good news for Wall Street investors holding Healthcare and Technology stocks. Thanks to the hot Fed’s kick off the two-day meeting, participants can expect bullish quarterly results. For energy and consumer discretionary stocks in the red today, let’s hope for more patience.
#Pfizer (NYSE: PFE) won analysts’ consensus with a 4% rebound, but investors now expect more from the meeting of an advisory panel to the Centers for Disease Control and Prevention, about expanding vaccine eligibility to children ages 5 to 11.
#S&P 500 increased 0.37% of 4.630.35
#Dow Jones lifted 138.79 points and closed at 36,052.63
#Nasdaq closed record of 15,649.60
Despite the bright outlook, Fed’s decision to taper bond purchases still triggers. Central banks pay close attention to possible inflation while investors with current risk sentiment are shifting to riskier sectors like small cap and higher growth stocks.