Tech Leads Wall St Higher After Fed Rate Hike — SkimNews
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- Stocks rallied Thursday, shaking off the Federal Reserve's rate hike in a broad-based rebound captured by the WSJ Thursday recap.
- Tech stocks led Wall Street to a higher close, with oil prices easing and Treasury yields dipping in tandem, according to Reuters.
- SpaceX and AMD flashed specific buy signals amid the rebound, an angle the dominant broad-market headlines downplay.
Why it matters: The simultaneous drop in Treasury yields and oil alongside the equity rally suggests bond and commodity markets also read the Fed's move as less hawkish than feared, not just equities — a synchronized relief trade rather than a stocks-only story.
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