The counterattack of AI computing power concept stocks and bean bag concept stocks also led to a strong counterattack of related ETFs.
The big data sector led the gains, with the data ETF and big data ETF rising 4.51% and 4.36% respectively. The communications equipment sector led the gains strongly, with 5GETF and 5G communications ETF rising by more than 3%. The AI computing power sector exploded, with the Cloud Computing ETF and Cloud 50 ETF rising 3.53% and 3.31% respectively.
In terms of decline, US stock ETFs were all in the red, with the S&P greece phone number list consumer ETF plummeting 6.96%, and the latest premiumdiscount rate being 12%. The S&P Biotech ETF, S&P 500 ETF and Nasdaq Technology ETF all fell more than 3%. Despite some pullbacks, the premiums of the S&P 500 ETF, Nasdaq Technology ETF and Dow Jones ETF are still over 8%.
The reason why U. stocks reacted so strongly to the Fed's hawkish rate cut was that the overnight panic index VIX soared to nearly 28 points, close to the level of the global stock market crash in August this year. What is the market afraid of?