Stocks hit session highs into the close, FAANG stocks jump

Yahoo Finance published this video item, entitled “Stocks hit session highs into the close, FAANG stocks jump” – below is their description.

#stockmarket #stocks #inflation #ratehike

Yahoo Finance anchors Seana Smith and Ines Ferre report on stocks rallying into the close on Wednesday afternoon following Fed Chair Powell’s announcement of a 50 basis point rate hike, with FAANG stocks among some of the biggest leaders on May 4, 2022.

Yahoo Finance YouTube Channel

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FAANG is an acronym referring to the stocks of the five most popular and best-performing American technology companies: Facebook, Amazon, Apple, Netflix and Alphabet (formerly known as Google)

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