Market Comes To Terms With Rising Rates, and Tesla’s Stealth Rally. 03/22/22

Mar 22, 2022 · 43m 53s
Market Comes To Terms With Rising Rates, and Tesla’s Stealth Rally. 03/22/22
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The S&P closed out its fifth day of gains in six sessions, even as the Fed telescopes more aggressive and faster rate hikes than initially thought. Big Tech stocks added...

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The S&P closed out its fifth day of gains in six sessions, even as the Fed telescopes more aggressive and faster rate hikes than initially thought. Big Tech stocks added more than $780B in market cap since last Wednesday’s lows and even consumer names are seeing strength. So have the markets come to terms with rising rates? Plus Tesla shares surge as the Berlin Gigafactory rolls out its first deliveries. And you won’t believe how far the stock has climbed in the last five days.
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Author CNBC
Organization CNBC
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