美联储加息后美股反弹，芯片股领涨

This is a Bloomberg Money minute, with the Federal Reserve's raising its benchmark interest rate yesterday. Borrowers will likely soon see higher rates for mortgages, auto loans, credit cards and more, but savers will likely see higher rates on CDs and money market funds. And on Wall Street today, investors seem to be embracing the Federal Reserve's strategy to hike rates, signaling one more rate hike before the year is done, all to keep inflation from getting any worse.

And with that, right now, stocks are seeing some pretty sizable gains. The Dow is up 7/10 of a percent. The Nasdaq the big gainer up one and two thirds percent. That's thanks to chipmakers like shares of Intel up 10%. AMD up 7% and micron 5% higher. The S&P up more than 1% in oil right now, just a little bit lower above $102 a barrel. That's something new from Snapchat's parent company, snap. It just unveiled specs, a $2,200 pair of augmented reality glasses in a partnership with Verizon.

Tom Buzbee, Bloomberg Radio.