Nasdaq tops 10,000 for the first time ever
4 years, 7 months ago

Nasdaq tops 10,000 for the first time ever

CNN  

New York CNN Business — Wall Street’s love affair with technology stocks shows no sign of stopping. The Nasdaq, an index that includes the top FAANG stocks, Microsoft, Tesla and many other titans of tech, topped 10,000 for the first time ever Tuesday. Investors have flocked to tech giants, such as Facebook, Apple, Amazon, Netflix and Google owner Alphabet, this year in hope that they will post strong sales and earnings growth – despite concerns about the Covid-19 outbreak crippling the global economy and US job market. Companies in traditionally more value-oriented sectors like energy, retail, health care and financial services have also enjoyed big rebounds since the bottom hit its low point of the year in March. And the CNN Business Fear & Greed Index, which looks at seven barometers of investor sentiment, has been showing signs of greed in the market since last week.

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History of this topic

How major US stock indexes fared Tuesday, 12/31/2024
Trending News
1 week, 1 day ago

How major US stock indexes fared Tuesday, 12/31/2024

Associated Press  

Stock indexes closed mostly lower on Wall Street on the final day of another record-setting year. The S&P 500 slipped 0.4% Tuesday, but still managed to rack up a gain of 23.3% for the year, its second straight year with gains of more than 20%. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite lost 0.9%. Big Tech …

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%
Trending News
2 weeks, 2 days ago

Wall Street today: US stocks mixed as funding bill averts partial shutdown, Nvidia gains 1.6%, Qualcomm climbs 2.8%

Live Mint  

US stocks were mixed on Monday, as a stopgap government funding bill averted a partial shutdown. At 11:07 a.m. the Dow Jones Industrial Average fell 247.19 points, or 0.58 per cent, to 42,593.07 and the S&P 500 lost 5.47 points, or 0.09 per cent, to 5,925.38. At 09:45 am ET, the Dow Jones Industrial Average fell 132.48 points, or 0.32 …

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies
3 weeks ago

Wall Street today: US stocks edge higher in anticipation of Fed rate cut, Nvidia rallies

Live Mint  

US stock indices rose on Wednesday in anticipation of interest rate cut by the Federal Reserve, that is due to announce its final policy decision of this year later in the day. At 12:00 pm ET, the Dow Jones Industrial Average rose 160.68 points, or 0.37 per cent, to 43,610.58, the S&P 500 gained 12.56 points, or 0.21 per cent, …

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
3 weeks, 3 days ago

Stock market today: Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

Associated Press  

NEW YORK — U.S. stock indexes drifted amid mixed trading Monday, ahead of this week’s upcoming meeting by the Federal Reserve that could set Wall Street’s direction into next year. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a profit report last week that beat analysts’ expectations. The market’s main event, though, …

Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting
3 weeks, 3 days ago

Nasdaq hits a record as Wall Street drifts ahead of Federal Reserve’s meeting

LA Times  

The New York Stock Exchange is shown behind the statue titled “Fearless Girl” on Dec. 12, 2024. U.S. stock indexes drifted amid mixed trading Monday ahead of this week’s meeting by the Federal Reserve that could set Wall Street’s direction into next year. Broadcom leaped 11.2% to help lead the S&P 500 for a second straight day after delivering a …

Tech titans power Nasdaq to 20,000 for first time in AI-driven market frenzy
4 weeks ago

Tech titans power Nasdaq to 20,000 for first time in AI-driven market frenzy

India Today  

The Nasdaq index crossed the 20,000-point mark for the first time on Wednesday, driven by a sustained rally in technology stocks. Investors are also encouraged by the Federal Reserve’s signals of monetary easing, which could provide further support to the US economy and the stock market. INFLATION DATA AND FED POLICY Wednesday’s market gains followed the release of inflation data …

Stunning rally in Big Tech drives Nasdaq to 20,000
4 weeks ago

Stunning rally in Big Tech drives Nasdaq to 20,000

Live Mint  

* Nasdaq hits 20,000 amid AI excitement, rate-cut expectations * Tech stocks drive Nasdaq's 33% annual rise * Megacap stocks' dominance raises concentration concerns By Saqib Iqbal Ahmed, Suzanne McGee and Lewis Krauskopf NEW YORK, Dec 11 - The Nasdaq Composite Index hit 20,000 for the first time on Wednesday, putting an exclamation point on a year in which excitement …

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000
4 weeks, 1 day ago

Stock market today: Wall Street gets back to climbing, and the Nasdaq tops 20,000

Associated Press  

NEW YORK — U.S. stock indexes got back to climbing on Wednesday after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. Stocks got a boost as expectations built that Wednesday’s inflation data will allow the Fed to deliver another cut to interest rates at its meeting next week. …

Wall Street gets back to climbing, and the Nasdaq tops 20,000
4 weeks, 1 day ago

Wall Street gets back to climbing, and the Nasdaq tops 20,000

LA Times  

The Standard & Poor’s 500 index rose 0.8% to break its first two-day losing streak in nearly a month and finished just short of its all-time high. Stocks got a boost as expectations built that Wednesday’s inflation data will enable the Fed to deliver another cut to interest rates at its meeting next week. “The data have given the Fed …

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%
4 weeks, 1 day ago

Wall Street today: US stocks open mixed; Google rises over 4%, Oracle slumps 8%

Live Mint  

US stocks were mixed on Tuesday with the Nasdaq outperforming its peers, boosted by rising megacap technology stocks. At 9:37 am ET, the Dow Jones Industrial Average fell 145.77 points, or 0.33 per cent, to 44,256.16, the S&P 500 lost 0.16 points to 6,052.69 and the Nasdaq Composite gained 82.12 points, or 0.42 per cent, to 19,818.81. At the opening …

Tech stocks and AI lift Wall Street to more records
1 month ago

Tech stocks and AI lift Wall Street to more records

LA Times  

The Standard & Poor’s 500 climbed 0.6% to add to what’s set to be one of its best years of the millennium. This week’s highlight for Wall Street will be Friday’s jobs report from the U.S. government, which will show how many people employers hired and fired last month. The central bank had appeared set to continue cutting rates into …

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher
1 month ago

Wall Street today: S&P 500 and Dow Jones slip, Nasdaq edges higher

Live Mint  

Wall Street stock indices were mixed on Tuesday after the S&P 500 and the Nasdaq hit record high levels in the previous session. As of 10:15 am Eastern time, the S&P 500 was down 0.1 per cent, the Dow Jones Industrial Average dropped 0.2 per cent, and the Nasdaq Composite edged up by 0.1 per cent. At the opening bell, …

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap
1 month, 2 weeks ago

Stocks Climb Led by Small Caps, Bitcoin Soars: Markets Wrap

Live Mint  

-- It’s shaping up to be a good week for blue-chip and small-cap stocks which led Friday’s advance as this year’s big tech winners struggled to gain ground. The dollar rose, on course for an eighth straight week of gains, the currency’s longest run of the year, while Bitcoin set an all-time high in its race toward the $100,000 mark. …

Wall Street turns positive as Dow hits one-week high
Trending News
1 month, 2 weeks ago

Wall Street turns positive as Dow hits one-week high

Live Mint  

* Amazon drops after report on EU investigation next year * Alphabet slips after Justice Department pushes for Chrome sale * Deere shares up after Q4 profit beats estimates * Indexes up: Dow 1.19%, S&P 500 0.65%, Nasdaq 0.22% By Abigail Summerville and Johann M Cherian Nov 21 - Wall Street's main indexes turned positive after choppy trading on Thursday, …

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000
1 month, 2 weeks ago

Stock market today: Wall Street rises with Nvidia as bitcoin bursts above $99,000

Associated Press  

NEW YORK — U.S. stocks climbed Thursday after market superstar Nvidia and another round of companies said they’re making even fatter profits than expected. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it was another “flawless” profit report provided by Nvidia and CEO Jensen Huang, whom Ives calls “the Godfather of AI.” The stock …

Wall Street rises with Nvidia as bitcoin bursts above $99,000
1 month, 2 weeks ago

Wall Street rises with Nvidia as bitcoin bursts above $99,000

LA Times  

U.S. stocks climbed Thursday after market superstar Nvidia and other companies said they’re making even fatter profits than expected. Nvidia rose just 0.5% after beating analysts’ estimates for profit and revenue yet again, but it was still the strongest force pulling the S&P 500 upward. But its stock recovered in premarket trading Thursday, and Wedbush analyst Dan Ives said it …

How major US stock indexes fared Monday, 11/11/2024
Trending News
1 month, 4 weeks ago

How major US stock indexes fared Monday, 11/11/2024

Associated Press  

Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check. The S&P 500 added 0.1% Monday, coming off last week’s spurt spurred by Donald Trump’s presidential victory and the Federal Reserve’s cut to interest rates. The Dow Jones Industrial Average jumped 0.7%, and the Nasdaq composite edged up …

Dow Jones Industrial Average notches record high close
1 month, 4 weeks ago

Dow Jones Industrial Average notches record high close

Live Mint  

* Tesla surges beyond $1 trillion market value * Crypto stocks gain as bitcoin rallies By Lisa Pauline Mattackal and Noel Randewich Nov 11 - The Dow Jones Industrial Average notched a record high close on Monday, lifted by bank stocks that benefited from optimism about Republican President-elect Donald Trump's expected fiscal policies. "It's been a wild four days since …

Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles
2 months, 1 week ago

Rising tech stocks send Nasdaq to a record as most of Wall Street stumbles

LA Times  

Rallying technology stocks sent the Nasdaq composite index to a record on Tuesday, but trading was mixed elsewhere on Wall Street as home builders and Ford Motor sank after the latest profit reports. The S&P 500 rose 0.2%, inching closer to its all-time high set earlier this month, even though most of the stocks in the index fell for the …

Tech Titans Soar as Nasdaq Soars to New All-Time High
2 months, 2 weeks ago

Tech Titans Soar as Nasdaq Soars to New All-Time High

Live Mint  

Tech stocks dominate the market, with Nvidia, Amazon, Meta, Microsoft, and Netflix leading the charge. Tesla's shares soar after the release of its Q3 earnings, projecting a strong sales forecast. Apple, Meta, and Microsoft are scheduled to release their earnings next week, while Tesla released its on October 23.

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls
2 months, 3 weeks ago

Tech Stocks Soar, Netflix Soars High, But Dow Jones Falls

Live Mint  

Tech stocks lead the way, with the Nasdaq and S&P 500 gaining significant gains. Netflix's strong performance boosts its stock, while Apple and Nvidia show positive performance in the tech sector. American Express's quarterly profit is slightly lower than expected, while Intuitive Surgical's profit exceeds expectations. In the bond market, the 10-year Treasury yield falls slightly, while gold prices remain …

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower
4 months, 2 weeks ago

Stock market today: Dow closes at a record even as losses for Big Tech pull S&P 500 and Nasdaq lower

Associated Press  

The Dow Jones Industrial Average climbed to an all-time high, even as big tech companies weighed on the broader market, leading U.S. stock indexes to a mixed finish on Wall Street. The stock market is coming off a two-week winning streak that’s helped keep the S&P 500 and Dow within striking distance of notching new highs. Monday’s mixed market finish …

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts
4 months, 2 weeks ago

Stock market today: Wall Street pulls closer to records after retailers top profit forecasts

Associated Press  

NEW YORK — U.S. stocks ticked higher Wednesday after more big companies delivered profit reports that topped analysts’ expectations. The hope is he’ll offer clues about how deeply and quickly the Fed will begin cutting interest rates next month after it jacked them to a two-decade high to beat inflation. Most Federal Reserve officials agreed last month that they would …

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%
5 months ago

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

Associated Press  

NEW YORK — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy. Treasury yields also climbed in the bond market in a signal investors are feeling less worried about the economy after a report showed fewer U.S. workers applied for unemployment benefits last week. “Today’s jobless claims …

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google
5 months ago

Sinking AI darlings drag Nasdaq 100 into correction territory: Amazon, Tesla, Nvidia, Microsoft, Intel, Google

Hindustan Times  

The violent rotation from Big Tech plunged the Nasdaq 100 Index into correction territory, wiping out more than $2 trillion in value in just over three weeks, as traders unwound bets that had been minting money for over a year. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “This is an amazing about-face, like we’ve crashed into a brick wall,” said Bill Stone, chief …

Nasdaq sees biggest drop in 2 years as tech earnings spark selloff
5 months, 2 weeks ago

Nasdaq sees biggest drop in 2 years as tech earnings spark selloff

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Major stocks fell dramatically …

Nasdaq, S&P 500 end sharply lower, hit by chips, megacaps; Dow extends rally
5 months, 3 weeks ago

Nasdaq, S&P 500 end sharply lower, hit by chips, megacaps; Dow extends rally

The Hindu  

The S&P 500 and the Nasdaq tumbled on Wednesday as plunging microchip shares, in the face of potential escalation of U.S. trade conflicts with China, exacerbated the ongoing rotation out of megacap tech-related stocks. A pullback in the "Magnificent 7" group of momentum stocks, led by Nvidia and Apple, dragged the Nasdaq 2.8% lower, while the benchmark S&P 500 slid …

How major US stock indexes fared Tuesday, 5/14/2024
7 months, 3 weeks ago

How major US stock indexes fared Tuesday, 5/14/2024

Associated Press  

Stocks ended higher on Wall Street Tuesday, sending the Nasdaq composite to another record. On Tuesday: The S&P 500 rose 25.26 points, or 0.5%, to 5,246.68. The Dow Jones Industrial Average rose 126.60 points, or 0.3%, to 39,558.11. The Nasdaq composite rose 122.94 points, or 0.8%, to 16,511.18. The Russell 2000 index of smaller companies rose 23.57 points, or 1.1%, …

How major US stock indexes fared Thursday, 2/29/2024
10 months, 1 week ago

How major US stock indexes fared Thursday, 2/29/2024

Associated Press  

Wall Street closed out its fourth winning month in a row with more record highs. Yields eased in the bond market after a closely followed inflation report showed prices across the country rose pretty much as expected last month. On Thursday: The S&P 500 rose 26.51 points, or 0.5%, to 5,096.27. The Dow Jones Industrial Average rose 47.37 points, or …

Wall Street week ahead: Investors eye economic growth indicators, key earnings
11 months, 2 weeks ago

Wall Street week ahead: Investors eye economic growth indicators, key earnings

Live Mint  

On Wall Street in the week ahead, stock market investors’ major focus will be on the economic growth indicators such as pace of inflation, manufacturing PMI and the economy. In addition, investors will also be watching key earnings that include Tesla, Netflix, American Airlines, Abbott Laboratories, and IBM. Earnings Following companies are due to declare their quarter results in the …

How major US stock indexes fared Wednesday, 10/25/2023
1 year, 2 months ago

How major US stock indexes fared Wednesday, 10/25/2023

Associated Press  

Wall Street sank back to where it was in May, pulled down by steep drops in several Big Tech companies. The S&P 500 fell 1.4% Wednesday after rising bond yields tightened their chokehold on the stock market and some of the most influential companies turned in mixed profit reports. The Dow lost 105 points, and the tech-heavy Nasdaq composite dropped …

Tech Stocks Drive Nasdaq as US Stocks Struggle Amid Debt Ceiling Uncertainty
1 year, 7 months ago

Tech Stocks Drive Nasdaq as US Stocks Struggle Amid Debt Ceiling Uncertainty

News 18  

U.S. stocks struggled for gains with tech shares putting the Nasdaq out front on Monday, and benchmark Treasury yields rose amid wavering optimism over a debt ceiling deal from Washington. “It feels like there’s some optimism regarding talks on the debt ceiling,” said Joseph Sroka, chief investment officer at NovaPoint in Atlanta. European stocks ended the session higher as investors …

Nasdaq leads Wall St higher as interest rate worries ease
1 year, 11 months ago

Nasdaq leads Wall St higher as interest rate worries ease

Live Mint  

The tech-heavy Nasdaq led gains among the main Wall Street indexes on Monday, boosted by shares of Amazon and Tesla, while signs of a cooling labor market supported bets of a slower pace of interest rate hikes by the Federal Reserve. The benchmark S&P 500 and the Nasdaq closed the week higher on Friday after a moderation in wage increases …

Wall Street drops as Apple, Tesla weigh on indexes
2 years ago

Wall Street drops as Apple, Tesla weigh on indexes

Live Mint  

Wall Street's main indexes fell on the first trading day of the year following declines in Apple and energy stocks, with investors awaiting the Federal Reserve's meeting minutes for further clarity on the path of future interest rate hikes. Most of the major S&P 500 sectors were in the red, with information technology stocks pulled lower by a 3% drop …

Wall Street update: Tech leads stocks lower as treasury yields climb
2 years, 1 month ago

Wall Street update: Tech leads stocks lower as treasury yields climb

Live Mint  

Stocks fell, with some of the world’s largest technology companies leading losses as Treasury yields climbed. “The Fed has hiked enough -- and quickly enough -- to make recession a base-case scenario in our book,” said Lauren Goodwin, economist and portfolio strategist at New York Life Investments. “Volatility and risk premia are likely to remain elevated as long as the …

S&P 500, Nasdaq set to snap 5-day losing streak after wholesale inflation report
2 years, 2 months ago

S&P 500, Nasdaq set to snap 5-day losing streak after wholesale inflation report

Live Mint  

Stocks wavered between small gains and losses in morning trading on Wall Street Wednesday after a five-day selloff, but inflation and rate hike worries capped the gains after a higher-than-expected rise in September producer prices. The Labor Department's data showed prices paid to US producers rose in September by more than expected ahead of a key measure of consumer inflation …

Nasdaq falls as US export controls on China weigh on chip stocks
2 years, 2 months ago

Nasdaq falls as US export controls on China weigh on chip stocks

Live Mint  

The Nasdaq hit a two-year low on Monday as chipmakers bore the brunt of US efforts to hobble China's semiconductor industry, while caution reigned ahead of the start of the earnings season. The Philadelphia SE Semiconductor index tumbled 3.5% to also touch a two-year low, after the Biden administration published a set of export controls on Friday, including a measure …

Wall St update: Dow rises at start of big earnings week, Microsoft drags Nasdaq
2 years, 5 months ago

Wall St update: Dow rises at start of big earnings week, Microsoft drags Nasdaq

Live Mint  

The Dow rose on Monday as investors braced for a Federal Reserve meeting during the week and earnings from some of the biggest companies to gauge the impact of a strong dollar and soaring inflation, while the Nasdaq dipped on declines in Microsoft. So with confidence coming back right now, it can also quickly dissipate if we have disappointments from …

Wall Street rises as earnings kick into high gear; Nasdaq up 111 pts
2 years, 5 months ago

Wall Street rises as earnings kick into high gear; Nasdaq up 111 pts

Live Mint  

Wall Street's main indexes rose on Tuesday as earnings season moves beyond big banks, with investors keeping a close watch on the impact of higher inflation on demand even as stronger dollar dents profit. A soaring U.S. currency led pharma major Johnson & Johnson to trim its annual adjusted profit view and IBM Corp to warn of a nearly $3.5 …

More than $7 trillion has been wiped out from the stock market this year
2 years, 7 months ago

More than $7 trillion has been wiped out from the stock market this year

CNN  

New York CNN Business — Somebody cue the stock market’s park ranger: Bears are having a picnic on Wall Street this year. Bespoke analysts said in another report earlier this week that the Nasdaq 100, or so-called QQQs, is off to the worst start for any year, ever. Bespoke analysts said that “prices can remain oversold … for an extended …

Wall St: S&P 500, Dow up after inflation data, Nasdaq down on rate hike worries
2 years, 7 months ago

Wall St: S&P 500, Dow up after inflation data, Nasdaq down on rate hike worries

Live Mint  

The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes. The Labor Department's report showed consumer price index rose 0.3% last month, the smallest gain since August, but still above economists' forecast of a 0.2% …

Nasdaq falls to worst low since 2008 as stocks plunge amid recession fears
2 years, 8 months ago

Nasdaq falls to worst low since 2008 as stocks plunge amid recession fears

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Nasdaq fell 4.2 per cent, the Dow …

Nasdaq slides 3% as megacap stocks bashed ahead of earnings
2 years, 8 months ago

Nasdaq slides 3% as megacap stocks bashed ahead of earnings

Live Mint  

The tech-heavy Nasdaq led Wall Street lower on Tuesday with a 3% slump, as nerves ahead of earnings from megacap growth and technology companies added to concerns over slowing global growth and a more aggressive Federal Reserve. Market-leading growth stocks have been hammered this year as investors fret over the impact of higher interest rates on their future earnings, while …

Wall St: Nasdaq, S&P rise on tech boost after Biden-Xi talks
2 years, 9 months ago

Wall St: Nasdaq, S&P rise on tech boost after Biden-Xi talks

Live Mint  

The Nasdaq and the S&P 500 indexes inched higher in volatile trading on Friday as megacap stocks gained ground, while investors assessed talks between U.S. President Joe Biden and his Chinese counterpart Xi Jinping over the Ukraine conflict. "The geopolitical concerns are responsible for the vast majority of the market movement this week despite the fact that the Fed hiked …

Wall St: S&P 500, Nasdaq rise after turbulent week; Peloton surges
2 years, 11 months ago

Wall St: S&P 500, Nasdaq rise after turbulent week; Peloton surges

Live Mint  

The S&P 500 and the Nasdaq rose on Monday after a week of choppy trading spurred on by mixed quarterly results from big technology companies, while Peloton jumped on media reports of interest from potential buyers including Amazon. The tech-heavy Nasdaq had a choppy start to February after Facebook owner Meta Platforms lost $200 billion from its market value on …

Wall Street rises on earnings boost; Big Tech bounces back
2 years, 11 months ago

Wall Street rises on earnings boost; Big Tech bounces back

Live Mint  

U.S. stock indexes rose on Wednesday after upbeat results from a host of companies partially offset a wobbly start to the fourth-quarter reporting season, while Big Tech stocks also made a comeback after a bruising selloff. Quarterly reports from UnitedHealth Group Inc and Procter & Gamble Co supported sentiment in early trading, while Bank of America Corp and Morgan Stanley …

Wall St: S&P, Nasdaq rise on strong results from Nvidia, retailers
3 years, 1 month ago

Wall St: S&P, Nasdaq rise on strong results from Nvidia, retailers

Live Mint  

The Nasdaq led Wall Street higher on Thursday as chipmaker Nvidia rallied on robust third-quarter results, while a fresh batch of positive retail earnings indicated strength in consumer spending against the backdrop of rising inflation. But the Dow Jones was held back by losses in network gear maker Cisco Systems Inc, which tumbled 8.3% after it forecast current-quarter revenue below …

The mood on Wall Street just got better really quickly
3 years, 4 months ago

The mood on Wall Street just got better really quickly

CNN  

New York CNN Business — Investors may still be nervous about the Delta variant and Afghanistan. Wall Street sentiment has improved dramatically in the past few days after Powell hinted that the Fed will take a cautious approach to eventually cutting back — or tapering — its program of bond purchases that have helped keep long-term interest rates low. The …

US markets: Nasdaq hits record high as Big Tech roars back
3 years, 6 months ago

US markets: Nasdaq hits record high as Big Tech roars back

Live Mint  

The Nasdaq hit an intra-day record high on Tuesday, lifted by Amazon, Microsoft and other top-shelf growth companies, while investors awaited remarks about the economic recovery from Federal Reserve Chair Jerome Powell. So-called value stocks, expected to benefit from the economic recovery, have outperformed in 2021, while growth stocks, including major tech names like Apple and Nvidia, have rallied since …

Nasdaq plunges more than 2% as investors dump growth stocks
3 years, 8 months ago

Nasdaq plunges more than 2% as investors dump growth stocks

Hindustan Times  

The Nasdaq fell more than 2% on Tuesday as steep declines in megacap growth stocks pushed Wall Street below record trading levels, with investors seeking shelter in more defensive parts of the market. Nasdaq offices in Times Square in New York Highly valued technology companies including Microsoft Corp, Alphabet Inc, Apple Inc, Amazon.com Inc and Facebook Inc fell between 2.3% …

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