---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/28223056.md"
description: "As expected, Federal Reserve Chairman Powell sent dovish signals, and the three major U.S. stock indices rebounded last night, with tech stocks leading the market. The Nasdaq rose 246 points, up 1.41%, closing at 17,750 points. Recently, many may have shorted U.S. stocks, so a sharp decline is unlikely in the short term. Market makers aren’t foolish—they’ll likely drag out a sideways consolidation, fluctuating up and down until short-sellers give up before a real downtrend begins. Hong Kong’s night futures fell 15 points, but heavyweight Tencent’s earnings beat expectations. I predict it will lead the market to another breakout today—let’s wait and see. 😀😀😀$Hang Seng Index(00HSI.HK)$NASDAQ Composite Index(.IXIC.US)$Tesla(TSLA.US)$TENCENT(00700.HK)"
datetime: "2025-03-20T00:44:09.000Z"
locales:
  - [en](https://longbridge.com/en/topics/28223056.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/28223056.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/28223056.md)
author: "[Lu Lu](https://longbridge.com/en/profiles/7293241.md)"
---

# As expected, Federal Reserve Chairman Powell sent …


### Related Stocks

- [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md)
- [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md)

## Comments (4)

- **momo（静默版 · 2025-03-20T01:56:34.000Z · 👍 1**: The U.S. stock market will rise for a few days, and there will be another big drop in early April.
  - **Lu Lu** (2025-03-20T01:59:38.000Z): 👍
- **末日求生 · 2025-03-20T00:49:14.000Z · 👍 1**: How long might the sideways trading last?
  - **Lu Lu** (2025-03-20T00:54:08.000Z): It depends