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- Dylen951Dylen951
  ·2021-06-30
  Bitcoinnnnn
  Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS
  UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and
  Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS
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- Dylen951Dylen951
  ·2021-06-30
  Up please
  Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS
  UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and
  Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS
  24 评论
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- Dylen951Dylen951
  ·2021-06-23
  Nice
  Tech leads way to Wall Street rebound as Powell promises steady hand
  WASHINGTON, June 22 (Reuters) - Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Pow
  Tech leads way to Wall Street rebound as Powell promises steady hand
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50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget crypto — this is the ‘next big thing’ investors should focus on, according to UBS\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and urging investors to consider an alternative instead.\nIn a note released Monday, the Swiss ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1153621389","content_text":"UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and urging investors to consider an alternative instead.\nIn a note released Monday, the Swiss investment bank said that regulation poses a significant risk to digital assets.\nEarlier this month, China spooked bitcoin investors with a crackdown on cryptocurrency mining and trading.\nMore recently, the U.K.’s markets watchdog ordered Binance, a top crypto exchange, tocease regulated activitiesin the country.\n“We’ve long warned that shifting investor sentiment or regulatory crackdowns could pop bubble-like crypto markets,” UBS’ global wealth management team said in the note.\n“We think investors should avoid crypto speculation, and consider risk-adjusted returns before buying alternative assets.”\nInvestors looking to make investments in digital finance should look to the fast-growing financial technology sector, UBS said, calling fintech “one of the emerging sectors we think might yield ‘The Next Big Thing.’”\n“The prospect of large gains may tempt investors, but we think speculation in cryptos is a gamble, not an investment,” the bank said.\n“Investors looking for exposure to digital payment assets can consider fintech instead, which we expect to benefit from structural growth.”\nWhile the bank didn’t name any stocks, fintech companies like Square and PayPal have experienced sizable gains over the past year, climbing 140% and 74% respectively. Payment networks Visa and Mastercard, meanwhile, are up 23% and 26% respectively. That’s thanks in no small part to a rise in digital payment volumes during the coronavirus pandemic.\nWhat’s weighing on bitcoin?\nBitcoin is currently down around 45% from its record high of nearly $65,000 in April. It was last trading at around $35,835, up 4% in the last 24 hours, as of Tuesday.\nThe world’s largest digital coin had benefited from an influx of institutional investorsditching gold in favor of bitcoinas an inflation hedge. However, that trendappears to have reversedmore recently.\nUBS said a number of other factors are weighing on bitcoin. It alluded to news that Boston Federal Reserve President Eric Rosengren called tether — a controversial stablecoin tied to the U.S. dollar — a financial stability challenge.\nThe bank also highlighted the case of Africrypt, a South African crypto exchange whose founders havereportedly disappeared, taking $3.6 billion in client funds with them.\n“While the pandemic may ensure financial repression continues, we think crypto speculation poses its own risks to your wealth,” UBS said.","news_type":1,"symbols_score_info":{"MA":0.9,"PYPL":0.9,"SQ":0.9,"V":0.9}},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151049572,"gmtCreate":1625060043196,"gmtModify":1633945353842,"author":{"id":"3576193418959977","authorId":"3576193418959977","name":"Dylen951","avatar":"https://static.tigerbbs.com/4dbbd68d690f17bc07880aee6b824487","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576193418959977","authorIdStr":"3576193418959977"},"themes":[],"htmlText":"Up please&nbsp;","listText":"Up please&nbsp;","text":"Up please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/151049572","repostId":"1153621389","repostType":4,"repost":{"id":"1153621389","kind":"news","pubTimestamp":1625012260,"share":"https://ttm.financial/m/news/1153621389?lang=&edition=full","pubTime":"2021-06-30 08:17","market":"us","language":"en","title":"Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS","url":"https://stock-news.laohu8.com/highlight/detail?id=1153621389","media":"CNBC","summary":"UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and","content":"<div>\n<p>UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and urging investors to consider an alternative instead.\nIn a note released Monday, the Swiss ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Forget crypto — this is the ‘next big thing’ investors should focus on, according to UBS</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nForget crypto — this is the ‘next big thing’ investors should focus on, according to UBS\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 08:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and urging investors to consider an alternative instead.\nIn a note released Monday, the Swiss ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/06/29/ubs-forget-crypto-this-is-the-next-big-thing-for-investors.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1153621389","content_text":"UBS isn’t a fan of bitcoin and other cryptocurrencies, describing them as a “speculative market” and urging investors to consider an alternative instead.\nIn a note released Monday, the Swiss investment bank said that regulation poses a significant risk to digital assets.\nEarlier this month, China spooked bitcoin investors with a crackdown on cryptocurrency mining and trading.\nMore recently, the U.K.’s markets watchdog ordered Binance, a top crypto exchange, tocease regulated activitiesin the country.\n“We’ve long warned that shifting investor sentiment or regulatory crackdowns could pop bubble-like crypto markets,” UBS’ global wealth management team said in the note.\n“We think investors should avoid crypto speculation, and consider risk-adjusted returns before buying alternative assets.”\nInvestors looking to make investments in digital finance should look to the fast-growing financial technology sector, UBS said, calling fintech “one of the emerging sectors we think might yield ‘The Next Big Thing.’”\n“The prospect of large gains may tempt investors, but we think speculation in cryptos is a gamble, not an investment,” the bank said.\n“Investors looking for exposure to digital payment assets can consider fintech instead, which we expect to benefit from structural growth.”\nWhile the bank didn’t name any stocks, fintech companies like Square and PayPal have experienced sizable gains over the past year, climbing 140% and 74% respectively. Payment networks Visa and Mastercard, meanwhile, are up 23% and 26% respectively. That’s thanks in no small part to a rise in digital payment volumes during the coronavirus pandemic.\nWhat’s weighing on bitcoin?\nBitcoin is currently down around 45% from its record high of nearly $65,000 in April. It was last trading at around $35,835, up 4% in the last 24 hours, as of Tuesday.\nThe world’s largest digital coin had benefited from an influx of institutional investorsditching gold in favor of bitcoinas an inflation hedge. However, that trendappears to have reversedmore recently.\nUBS said a number of other factors are weighing on bitcoin. It alluded to news that Boston Federal Reserve President Eric Rosengren called tether — a controversial stablecoin tied to the U.S. dollar — a financial stability challenge.\nThe bank also highlighted the case of Africrypt, a South African crypto exchange whose founders havereportedly disappeared, taking $3.6 billion in client funds with them.\n“While the pandemic may ensure financial repression continues, we think crypto speculation poses its own risks to your wealth,” UBS said.","news_type":1,"symbols_score_info":{"MA":0.9,"PYPL":0.9,"SQ":0.9,"V":0.9}},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123351642,"gmtCreate":1624410080486,"gmtModify":1634006565888,"author":{"id":"3576193418959977","authorId":"3576193418959977","name":"Dylen951","avatar":"https://static.tigerbbs.com/4dbbd68d690f17bc07880aee6b824487","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576193418959977","authorIdStr":"3576193418959977"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123351642","repostId":"2145664330","repostType":4,"repost":{"id":"2145664330","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624403123,"share":"https://ttm.financial/m/news/2145664330?lang=&edition=full","pubTime":"2021-06-23 07:05","market":"us","language":"en","title":"Tech leads way to Wall Street rebound as Powell promises steady hand","url":"https://stock-news.laohu8.com/highlight/detail?id=2145664330","media":"Reuters","summary":"WASHINGTON, June 22 (Reuters) - Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Pow","content":"<p>WASHINGTON, June 22 (Reuters) - Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar and oil gave up earlier gains.</p>\n<p>Led by the tech-heavy Nasdaq Composite , Wall Street closed Tuesday higher, bouncing back from a sell-off set off last week by a Fed policy update that suggested officials believed rates would rise more quickly to counter rising inflation.</p>\n<p>The Nasdaq closed at another record high, as top-shelf tech companies resumed their growth trajectories.</p>\n<p>The Dow Jones Industrial Average rose 68.61 points, or 0.2% and the S&amp;P 500 gained 21.65 points, or 0.51%. to 4,246.44 and the Nasdaq Composite added 111.79 points, or 0.79 percent, to 14,253.27.</p>\n<p>The MSCI world equity index , which tracks shares in 45 nations, rose 4.4 points or 0.62%.</p>\n<p>\"I really think there's a realization that this is a ripe environment: rates are still low and for stock investors, this hits a 'just right' tone,\" said Patrick Leary, chief market strategist at Incapital. \"The market is concerned about rising inflation numbers and was getting more unnerved as the Fed dismissed them until last week’s meeting.\"</p>\n<p>Testifying before Congress, Powell vowed that the Fed will not raise rates out of fear of potential rising inflation, and instead will prioritize a \"broad and inclusive\" recovery of the job market. He said recent price increases do not suggest higher rates are needed, and instead can be attributed to categories directly impacted by economic reopening.</p>\n<p>\"After the FOMC took the wind out of the reflation trade at the end of last week, that’s started to reverse over the last two days. It seems last week’s price action went too far,\" said Stephanie Roth, senior markets economist for J.P. Morgan Private Bank.</p>\n<p>Powell's remarks pushed yields on benchmark 10-year Treasuries lower, dipping to yield 1.4649% after clearing 1.5% earlier in the day.</p>\n<p>The dollar also dipped as Powell spoke, with the dollar index falling 0.20% to 91.733 . It is holding below a two-month high of 92.408 reached on Friday.</p>\n<p>Oil slid slightly after Brent rose above $75 a barrel for the first time in over two years, as OPEC+ discussed raising oil production.</p>\n<p>Brent crude futures settled down 9 cents to $74.81 a barrel after hitting a session high of $75.30 a barrel, the strongest since April 25, 2019.</p>\n<p>U.S. West Texas Intermediate <a href=\"https://laohu8.com/S/WTI\">$(WTI)$</a> crude fell 60 cents, or 0.8%, to $73.06 a barrel.</p>\n<p>Bitcoin began making a comeback of sorts, climbing back above $30,000 after hitting lows not seen since January. The cryptocurrency last traded at $32,831, but has nearly halved in value over the last three months. Bitcoin and other cryptocurrencies came in for heavy selling on Monday, hurt by a tightening crackdown on trading and mining in China.</p>\n<p>Spot gold prices fell $4.8691 or 0.27%, to $1,778.08 an ounce.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech leads way to Wall Street rebound as Powell promises steady hand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech leads way to Wall Street rebound as Powell promises steady hand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-23 07:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, June 22 (Reuters) - Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar and oil gave up earlier gains.</p>\n<p>Led by the tech-heavy Nasdaq Composite , Wall Street closed Tuesday higher, bouncing back from a sell-off set off last week by a Fed policy update that suggested officials believed rates would rise more quickly to counter rising inflation.</p>\n<p>The Nasdaq closed at another record high, as top-shelf tech companies resumed their growth trajectories.</p>\n<p>The Dow Jones Industrial Average rose 68.61 points, or 0.2% and the S&amp;P 500 gained 21.65 points, or 0.51%. to 4,246.44 and the Nasdaq Composite added 111.79 points, or 0.79 percent, to 14,253.27.</p>\n<p>The MSCI world equity index , which tracks shares in 45 nations, rose 4.4 points or 0.62%.</p>\n<p>\"I really think there's a realization that this is a ripe environment: rates are still low and for stock investors, this hits a 'just right' tone,\" said Patrick Leary, chief market strategist at Incapital. \"The market is concerned about rising inflation numbers and was getting more unnerved as the Fed dismissed them until last week’s meeting.\"</p>\n<p>Testifying before Congress, Powell vowed that the Fed will not raise rates out of fear of potential rising inflation, and instead will prioritize a \"broad and inclusive\" recovery of the job market. He said recent price increases do not suggest higher rates are needed, and instead can be attributed to categories directly impacted by economic reopening.</p>\n<p>\"After the FOMC took the wind out of the reflation trade at the end of last week, that’s started to reverse over the last two days. It seems last week’s price action went too far,\" said Stephanie Roth, senior markets economist for J.P. Morgan Private Bank.</p>\n<p>Powell's remarks pushed yields on benchmark 10-year Treasuries lower, dipping to yield 1.4649% after clearing 1.5% earlier in the day.</p>\n<p>The dollar also dipped as Powell spoke, with the dollar index falling 0.20% to 91.733 . It is holding below a two-month high of 92.408 reached on Friday.</p>\n<p>Oil slid slightly after Brent rose above $75 a barrel for the first time in over two years, as OPEC+ discussed raising oil production.</p>\n<p>Brent crude futures settled down 9 cents to $74.81 a barrel after hitting a session high of $75.30 a barrel, the strongest since April 25, 2019.</p>\n<p>U.S. West Texas Intermediate <a href=\"https://laohu8.com/S/WTI\">$(WTI)$</a> crude fell 60 cents, or 0.8%, to $73.06 a barrel.</p>\n<p>Bitcoin began making a comeback of sorts, climbing back above $30,000 after hitting lows not seen since January. The cryptocurrency last traded at $32,831, but has nearly halved in value over the last three months. Bitcoin and other cryptocurrencies came in for heavy selling on Monday, hurt by a tightening crackdown on trading and mining in China.</p>\n<p>Spot gold prices fell $4.8691 or 0.27%, to $1,778.08 an ounce.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯","POWL":"Powell Industries",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145664330","content_text":"WASHINGTON, June 22 (Reuters) - Wall Street rebounded Tuesday as Federal Reserve Chairman Jerome Powell vowed not to raise rates too quickly as the dollar and oil gave up earlier gains.\nLed by the tech-heavy Nasdaq Composite , Wall Street closed Tuesday higher, bouncing back from a sell-off set off last week by a Fed policy update that suggested officials believed rates would rise more quickly to counter rising inflation.\nThe Nasdaq closed at another record high, as top-shelf tech companies resumed their growth trajectories.\nThe Dow Jones Industrial Average rose 68.61 points, or 0.2% and the S&P 500 gained 21.65 points, or 0.51%. to 4,246.44 and the Nasdaq Composite added 111.79 points, or 0.79 percent, to 14,253.27.\nThe MSCI world equity index , which tracks shares in 45 nations, rose 4.4 points or 0.62%.\n\"I really think there's a realization that this is a ripe environment: rates are still low and for stock investors, this hits a 'just right' tone,\" said Patrick Leary, chief market strategist at Incapital. \"The market is concerned about rising inflation numbers and was getting more unnerved as the Fed dismissed them until last week’s meeting.\"\nTestifying before Congress, Powell vowed that the Fed will not raise rates out of fear of potential rising inflation, and instead will prioritize a \"broad and inclusive\" recovery of the job market. He said recent price increases do not suggest higher rates are needed, and instead can be attributed to categories directly impacted by economic reopening.\n\"After the FOMC took the wind out of the reflation trade at the end of last week, that’s started to reverse over the last two days. It seems last week’s price action went too far,\" said Stephanie Roth, senior markets economist for J.P. Morgan Private Bank.\nPowell's remarks pushed yields on benchmark 10-year Treasuries lower, dipping to yield 1.4649% after clearing 1.5% earlier in the day.\nThe dollar also dipped as Powell spoke, with the dollar index falling 0.20% to 91.733 . It is holding below a two-month high of 92.408 reached on Friday.\nOil slid slightly after Brent rose above $75 a barrel for the first time in over two years, as OPEC+ discussed raising oil production.\nBrent crude futures settled down 9 cents to $74.81 a barrel after hitting a session high of $75.30 a barrel, the strongest since April 25, 2019.\nU.S. West Texas Intermediate $(WTI)$ crude fell 60 cents, or 0.8%, to $73.06 a barrel.\nBitcoin began making a comeback of sorts, climbing back above $30,000 after hitting lows not seen since January. The cryptocurrency last traded at $32,831, but has nearly halved in value over the last three months. Bitcoin and other cryptocurrencies came in for heavy selling on Monday, hurt by a tightening crackdown on trading and mining in China.\nSpot gold prices fell $4.8691 or 0.27%, to $1,778.08 an ounce.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"CLmain":0.9,"EURmain":0.9,"GBPmain":0.9,"GCmain":0.9,"JPYmain":0.9,"MGCmain":0.9,"QMmain":0.9,"POWL":0.9}},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}