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  • and across the board rally drove the major U.

  • S stock indexes sharply higher Tuesday.

  • Investors bought Amazon and alphabet ahead of their earnings announcements.

  • A sense of optimism over progress on a large fiscal stimulus package also helped boost investor sentiment.

  • Economically sensitive financial and industrial stocks made the biggest advances.

  • The Dow and NASDAQ rose more than 1.5%.

  • 3 S and P 500 added 1.4%.

  • Data Trek Research co founder Nicola says those cyclical and value stocks stand to gain the most when the economy rebounds.

  • At this point, the recovery is gaining steam and it should progress through the back half of the year and you want to play.

  • The names were earning surprises from economic exposure going toe peek out.

  • That's value that cyclicals running in the other direction heavily shorted stocks that had recently made stratospheric gains.

  • Gamestop lost 60% of its value.

  • AMC and costs plunged more than 40% after the markets closed.

  • Amazon surprised Wall Street with the announcement that founder Jeff Bezos would step down as CEO in the third quarter and be replaced by Amazon Web services head Andy Jassy.

  • Bezos will become executive chair.

  • The company also reported that quarterly profit more than doubled, crushing estimates as net sales jumped 44%.

  • Shares of Alphabet shot 7% higher after hours quarterly sales at Google's parent Rose and beat estimates as advertising customers unleashed budgets for the holidays.

and across the board rally drove the major U.

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Wall Street gains, Alphabet jumps after hours

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    林宜悉 posted on 2021/02/05
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