The Nasdaq Composite Index is a large market cap-weighted index of more than 2,500 stocks, American depositary receipts (ADRs) and real esta... Read more
The Nasdaq Composite Index is a large market cap-weighted index of more than 2,500 stocks, American depositary receipts (ADRs) and real estate investment trusts (REITs), among others. It comprises 2,500 common equities listed on Nasdaq. The index includes all Nasdaq-listed stocks that are not derivatives, preferred shares, funds, exchange-traded funds (ETFs) or debenture securities.The index was launched in 1971, with a starting value of 100. Over the years, the index has soared tremendously even as it witnessed multiple periods of decline.To be eligible for inclusion in Nasdaq Composite Index, the security's US listing must be exclusively on Nasdaq Stock Market (unless the security was dually listed on another US market prior to January 1, 2004, and has continuously maintained such listing).Closed-end funds, convertible debentures, exchange-traded funds, preferred stocks, rights, warrants, units and other derivative securities are ineligible for inclusion in the index.The industry weights of the Nasdaq Composite Index's individual securities are tilted heavily in favour of technology. As of March 2020, the weightage are: technology at 48.39 per cent, consumer services at 19.43 per cent, health care at 10.21 per cent, financials at 7.21 per cent, industrials at 6.85 per cent, consumer goods at 5.51 per cent, utilities at 0.81 per cent, telecommunications at 0.72 per cent, oil and gas at 0.55 per cent and basic materials at 0.32 per cent.*Disclaimer Statement: This content is authored by an external agency. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
- US stocks rise in quiet Christmas Eve trading session
Wall Street's main indexes rose on Tuesday in a shortened trading session before Christmas. S&P 500 and Nasdaq were up for the third day in a row. Broadcom and Nvidia led gains. Markets will shut early on Tuesday and be closed for Christmas on Wednesday. Investors are optimistic about inflation and interest rates. - US stock market today: S&P 500, Dow Jones, Nasdaq climb, Magnificent Seven tech stocks soar; Check top gaining shares
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- S&P 500, Dow dip in choppy trading at start of holiday-shortened week
The S&P 500 and Dow Jones fell on Monday after a government funding bill prevented a U.S. shutdown. Investors are cautious about the Federal Reserve's slower rate cuts next year. Trading volumes are expected to be low with upcoming holidays. Nvidia and Meta Platforms saw gains, while Walmart and Qualcomm experienced mixed results. - Girish Mathrubootham sells $40 million worth of Freshworks stock
The chairman of the board of directors of Freshworks sold 2.5 million shares in two tranches on December 18 and 19, filings made with the US Securities and Exchange Commission (SEC) showed. Before this, he held around a 5% stake in the company. In February this year, he had divested shares worth $9.6 million. - Is Wall Street realising that a Trump presidency might not be great for stocks? Dow in a 9-day losing streak, its longest since 1978
- US Stock market prediction: S&P 500, Nasdaq, Dow Jones to be impacted by US Fed rate decision
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- F&O Talk| Nifty to face resistance around the 25,400, consolidation likely in 2025: Rahul Ghose of Hedged.in
Indian equity markets experienced volatility, ending with modest gains driven by easing inflation and IT sector optimism. Expert analysis suggests a consolidation phase, with potential for further upside but also resistance at higher levels. FIIs show recent selling, while specific sectors like IT and FMCG offer potential opportunities. - Wall Street closes lower as investors assess data after recent gains
Wall Street retreated Thursday as investors weighed economic data before next week's Federal Reserve meeting. Producer prices rose more than expected, while jobless claims increased. The Nasdaq, after hitting a record high Wednesday, fell, along with the Dow and S&P 500. Mixed tech results and Adobe's weak forecast impacted markets. Warner Bros. Discovery surged on restructuring news. - Tame US inflation boosts S&P 500, Nasdaq rallies above 20,000
Wall Street's S&P 500 and tech-heavy Nasdaq rose on Wednesday, with the Nasdaq crossing 20,000 for the first time, fueled by a U.S. inflation report and hopes of a Fed rate cut. The Dow Jones dipped slightly, impacted by proposed legislation affecting health insurers. Strong gains in tech stocks like Tesla and Nvidia drove the market's upward momentum. - Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year
- Nasdaq hits 20,000 for first time as AI rally rages on
- Super Micro Computer gets extension to file delayed annual report
The company in August cited a need to assess "its internal controls over financial reporting" for the delay, a day after Hindenburg Research disclosed a short position. Super Micro said on Friday it expects to file all its required reports by February 25, in order for the stock to remain listed on the Nasdaq. - Nasdaq, S&P 500 post record closing highs; investors await more data
- S&P 500, Nasdaq post record highs as tech-related shares gain
The Nasdaq and S&P 500 achieved record closing highs, driven by tech-related shares following strong November gains as investors awaited key economic data, including the upcoming jobs report. Meanwhile, the Dow fell, and sectors such as technology, communication services, and consumer discretionary rose by about 1% each. - Freshworks appoints Srinivasan Raghavan as chief product officer to drive AI-driven innovation
Srinivasan Raghavan comes with over two decades of leadership experience in the enterprise SaaS industry. He joins the executive management team of Freshworks, reporting directly to President and CEO Dennis Woodside. Earlier, Srinivasan was chief product officer at RingCentral, where he broadened the company’s offerings by launching cloud-based solutions for contact centres, marketing, and sales intelligence, thus generating new revenue streams. - Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down
US stock markets fell on Wednesday. Tech stocks led the decline. Consumer spending rose, but inflation remained stubborn. Traders expect a Fed rate cut in December, but not in early 2024. Trump's tariff threats added to market uncertainty. Dell and HP's weak forecasts impacted the tech sector. The S&P 500 and Nasdaq saw significant drops. The Dow Jones also fell. - Westbridge Capital trims stake in SaaS firm Freshworks by 2%
- US stocks open subdued ahead of Nvidia earnings
- Nasdaq, S&P close higher as investors await Nvidia earnings
The Nasdaq and S&P 500 edged higher on Monday, fueled by anticipation for Nvidia's earnings report and Tesla's potential gains under the incoming Trump administration. Investors are eager to assess the sustainability of the AI-driven market rally and the impact of potential policy changes on key sectors. - US stock market: Nvidia, Walmart, Target earnings, Federal Reserve policy to dictate S&P 500, Nasdaq, Dow Jones
- US stocks sink on Powell rate-cut caution, Trump cabinet picks
- Wall Street drops at the open after Powell dents rate-cut hopes
- Nasdaq vs Hang Seng: Which exchange funds should you bet on to diversify your portfolio?
- Wall Street is counting on stocks to rally after election hurdle
- US stocks jump on Election Day as investors eye outcome
- US election results day stock market: S&P 500, Dow Jones, Nasdaq rise, full list of top performing stocks
- Chipmaker NXP forecasts quarterly revenue below estimates on macroeconomic concerns
- Chiratae Ventures Patrick J. McGovern Awards 2024: Celebrating tech luminaries
Chiratae Ventures presented its 2024 Patrick J. McGovern Awards to Narayana Murthy, Shantanu Narayen, and Abhinav Asthana. The awards honored their exceptional leadership, innovation, and contributions to the technology sector. Murthy received the India Lifetime Achievement Award, Narayen the Global Lifetime Achievement Award, and Asthana the Exceptional Entrepreneurial Achievement Award. - Nifty might see 3-5% swing this week: Aditya Arora
- Nikkei closes at 2-week peak as tech shares track Nasdaq higher
- Nasdaq hits record high as Alphabet earnings beat estimates
The Nasdaq reached a record high, while the S&P 500 rose modestly and the Dow fell, as investors assessed corporate earnings. Alphabet, a key tech stock, surpassed revenue estimates, highlighting the week's critical earnings reports. However, mixed results in sectors like housing and autos, along with rising Treasury yields, temper market gains. - ETMarkets Smart Talk: India’s next crorepati wave: Tapping into the aspirations of Bharat’s new wealth creators
- US stock market forecast before US election 2024 results: S&P 500, Dow Jones, Nasdaq to be driven by these factors
- Nasdaq closes higher ahead of a heavy week of earnings
- India right place for software defined vehicles, says PTC top official
PTC CEO Neil Barua emphasizes the importance of India in the global market despite current setbacks in the automotive industry. Barua highlights PTC's focus on software-defined vehicles and its collaborations with Indian firms like Tata Motors. He underscores India's openness to global partnerships and GCCs as key advantages, alongside strategic investments in aerospace and defense sectors. - The challenge and opportunity as India's gold and silver shine
There must be other explanations for the rally in gold and silver. For gold, there is a notable new phenomenon on the demand side - the rise of major central banks as purchasers of gold in 2024. In 1971, the dollar replaced gold as currency of the global economic system when the US government ended convertibility of the dollar to gold, a system that had been in place since the Bretton Woods Agreement of 1944. Central banks around the world built up their dollar reserves, with gold reserves becoming secondary. - Wall Street closes little changed while investors digest yields, earnings
- Dow and S&P end at fresh record highs, lifted by Netflix earnings and tech stocks
The Dow Jones, S&P 500, and Nasdaq posted record highs, driven by strong Netflix earnings and gains in tech stocks. Netflix surged 11.1%, boosting the communication services sector. Despite some concerns over valuation and potential volatility, positive economic data and robust corporate results supported the market rally. - Chinese robotaxi firm Pony AI files for US IPO
- S&P 500, Dow hit fresh records on chip stock rally, upbeat retail sales data
- Wall Street indexes end lower as chip, oil stocks drop
Wall Street's stock indexes closed lower with the Nasdaq falling 1%, hit by declining chip stocks due to demand concerns and potential export caps on AI chips. Energy stocks also tumbled as oil prices fell. Despite some positive earnings, UnitedHealth shares plunged, and Citigroup reported mixed results. Defensive sectors like real estate outperformed. - S&P 500 hits record high on chip stocks; corporate results, key data in focus
The S&P 500 and Nasdaq climbed on Monday, hitting new highs amid renewed investor optimism driven by strong chip stocks and major bank earnings. However, the Dow fell slightly, weighed down by Caterpillar's downgrade and Boeing's projected losses and job cuts. Key economic data and corporate earnings are anticipated this week. - Wall Street rises with Fed minutes, inflation data in focus; Alphabet drops
- Wall Street ends higher on tech buying as investors wait on inflation data
Wall Street's benchmarks saw a rebound driven by tech stocks as investors eyed upcoming inflation data and third-quarter earnings. Lower Treasury yields favored high-growth tech companies. Major indexes like the S&P 500, Nasdaq, and Dow Jones showed gains. Key indicators include the recent jobs report and anticipated CPI data for interest rate predictions. - Nasdaq jumps over 1% at open after strong payrolls data
- US stocks open lower as investors await economic data, Powell's comments
- Dow jumps 411 points, advances to record high after inflation report; small caps outperform
The Dow Jones Industrial Average hit an intraday record as small-cap stocks outperformed following a positive inflation report. The Federal Reserve is expected to focus on the labor market while continuing interest rate easing. Energy stocks led gains, while technology stocks declined. Investors are hopeful for more rate cuts. - Meet Kiran Mazumdar-Shaw's niece Claire: An MIT grad making Indian innovation shine with $1 billion market debut
Claire Mazumdar, CEO of Bicara Therapeutics and niece of Kiran Mazumdar-Shaw, led her company to a successful Nasdaq debut, reaching a market valuation of over $1 billion. Claire's impressive academic background and contributions to oncology have been pivotal in her career. Biocon entities hold an 11% stake in Bicara post-IPO. - With IPO, have the capital and resources for clinical studies: Bicara CEO
??As per Reuters, shares of Bicara Therapeutics surged nearly 46% in their debut on September 13, giving the TPG-backed cancer therapy developer a market value of $1.29 billion. Its shares opened at $26.25, compared with the offer price of $18, the news agency said. Bicara raised $315 million by selling 17.5 million shares in its initial public offering, after increasing the size of its offer twice, it said. - S&P hits record high, Nasdaq jumps over 1% on AI euphoria after Micron's upbeat forecastS&P hits record high, Nasdaq jumps over 1% on AI euphoria after Micron's upbeat forecastWall Street's main indexes rose on Thursday, with the S&P 500 hitting a record high. Micron Technology's positive forecast boosted AI-related stocks, while a softer-than-expected jobless claims report eased labor market concerns. Investors also reacted to better employment numbers and GDP growth, influencing expectations of future Fed rate cuts.
- SEC approves BlackRock's spot bitcoin ETF options listingSEC approves BlackRock's spot bitcoin ETF options listingThe U.S. Securities and Exchange Commission has approved the listing and trading of options for BlackRock's spot bitcoin exchange-traded fund on the Nasdaq. This move provides institutional investors and traders with an alternative way to hedge their exposure to bitcoin, further integrating cryptocurrency into mainstream financial markets.
- Nasdaq futures up 2% as Fed rate cut buoys growth stocksNasdaq futures up 2% as Fed rate cut buoys growth stocksU.S. stock index futures surged, with Nasdaq futures up 2%, following the Federal Reserve's 50-basis-point interest rate cut. Key tech stocks like Microsoft and Alphabet saw gains, while semiconductor stocks also rose. The Fed's move aims to support steady growth and low inflation, boosting market optimism.
- Wall Street ends lower in choppy trade as Fed rate cut fails to lift investor sentimentWall Street ends lower in choppy trade as Fed rate cut fails to lift investor sentimentU.S. stocks closed with modest losses on Wednesday after the Federal Reserve cut interest rates by 50 basis points, higher than expected. The Dow, S&P 500, and Nasdaq saw declines despite initial gains. Investors now anticipate further rate cuts at the Fed's November meeting. Small-cap stocks and regional banks experienced slight gains.
- S&P inches up, Nasdaq declines as tech weighs ahead of Fed decisionS&P inches up, Nasdaq declines as tech weighs ahead of Fed decisionThe S&P 500 saw a slight gain while the Nasdaq fell due to a drop in technology stocks. Apple and chipmakers like Nvidia and Broadcom declined, affecting the market. Investors are cautious ahead of the Federal Reserve's rate cut decision. Intel rose on news of federal grants, while Boeing faced challenges with hiring freezes and potential furloughs.
- US stock market predictions, top shares to watch: High-flying S&P 500, Nasdaq, Dow Jones eye Fed rate cut, recessionUS stock market predictions, top shares to watch: High-flying S&P 500, Nasdaq, Dow Jones eye Fed rate cut, recessionNew York Stock exchange, S&P 500, Nasdaq, and Dow Jones investors will eye the Federal Reserve's big rate cut announcement this week.
- Nirmala Sitharaman meets Nasdaq vice chairperson, discusses potential investment opportunities in IndiaNirmala Sitharaman meets Nasdaq vice chairperson, discusses potential investment opportunities in IndiaFinance Minister Nirmala Sitharaman met Nasdaq Executive Vice Chairman Edward Knight and discussed key government initiatives and investment opportunities in India. She also interacted with a delegation from the US International Development Finance Corporation, highlighting India's potential for growth and investment, as noted by Deputy CEO Nisha Biswal.
- Atul Suri bets on IT, pharma and FMCG for next six monthsAtul Suri bets on IT, pharma and FMCG for next six monthsBut the thing that really stands out for me at the moment are the things that I am working on, which takes up my time, is essentially the allocations to pharma, IT and FMCG and identifying stocks in that place.
- Wall Street closes up on tech boost; inflation data dents hopes for big Fed rate cutWall Street closes up on tech boost; inflation data dents hopes for big Fed rate cutU.S. stock indexes closed higher on Wednesday, driven by gains in the technology sector, despite a disappointing inflation report. Nvidia shares surged on news of potential chip exports to Saudi Arabia. Political developments and the U.S. presidential debate also influenced market sentiment, with Kamala Harris gaining ground over Donald Trump.
- US stock market on September 10: Stock futures are struggling, what to expect in S&P 500, Dow Jones, Nasdaq today?US stock market on September 10: Stock futures are struggling, what to expect in S&P 500, Dow Jones, Nasdaq today?US stock indexes are set to open on Tuesday as S&P 500, Dow Jones, Nasdaq Composite will look to maintain the momentum.
- US stock market indexes close in red, S&P 500 sees worst week since March. Check performance of top sharesUS stock market indexes close in red, S&P 500 sees worst week since March. Check performance of top sharesUS stock market indexes closed for the week in red after tach stocks fell. Only US steel performed as expected.
- S&P 500, Dow end lower ahead of key jobs data, Nasdaq upS&P 500, Dow end lower ahead of key jobs data, Nasdaq upThe S&P 500 and Dow closed lower in volatile trading, while the Nasdaq saw a slight rise. Investors are cautious ahead of key jobs data, which could influence Federal Reserve rate cuts. Tesla's gains and Frontier Communications' slump were notable movements. Market sentiment remains mixed amid economic reports.
- US Stock Market: S&P 500, Dow Jones, Nasdaq record biggest drop since early August. Check top performing sharesUS Stock Market: S&P 500, Dow Jones, Nasdaq record biggest drop since early August. Check top performing sharesS&P 500, Dow Jones, and Nasdaq have gone down on Tuesday's trade as Nvidia shares fell nearly 10 per cent.
- US Stock market: 5 factors that may drive S&P 500, Dow Jones, Nasdaq todayUS Stock market: 5 factors that may drive S&P 500, Dow Jones, Nasdaq todayUS stock market indexes S&P 500, Dow Jones Industrial Average, and Nasdaq are opening after long Labor Day weekend as focus shifts to Chinese economic data and US Fed announcement.
- Australia shares edge lower as miners, consumer staples drag in dull tradeAustralia shares edge lower as miners, consumer staples drag in dull tradeAustralian shares fell 0.4% on Tuesday, driven down by declines in mining and consumer staples stocks. Investors were cautious ahead of local economic data and a key U.S. labour report. Leading miners and retail giants faced significant losses, reflecting thin trading influenced by a U.S. public holiday.
- US stock market prediction: Top company's shares to follow in S&P 500, Dow, Nasdaq composite after Labor Day 2024 holidayUS stock market prediction: Top company's shares to follow in S&P 500, Dow, Nasdaq composite after Labor Day 2024 holidayNew York Stock Exchange will open after Labor Day 2024 holiday as US stock market indexes -- S&P 500, Dow, and Nasdaq composite -- will eye a few factors.
- US stock market on Labor Day 2024 holiday: Are S&P 500, Nasdaq, Dow Jones open on Monday?US stock market on Labor Day 2024 holiday: Are S&P 500, Nasdaq, Dow Jones open on Monday?Labor Day 2024 holiday in the USA will impact schedule of US stock market indexes -- S&P 500, Nasdaq composite, and Dow Jones Industrial Average.
- US stocks rise as rate-cut hopes hold firm after inflation dataUS stocks rise as rate-cut hopes hold firm after inflation dataWall Street's main indexes opened higher on Friday after a key inflation report reiterated price pressures were moderating, cementing bets for an interest-rate cut at the Federal Reserve's September meeting.
- US stock market Thursday: Dow Jones sets new record, S&P 500, Nasdaq down. Check Nvidia, Alphabet, Apple sharesUS stock market Thursday: Dow Jones sets new record, S&P 500, Nasdaq down. Check Nvidia, Alphabet, Apple sharesUS stock market indexes -- S&P 500 and Nasdaq -- had a tepid day of trading even though Dow Jones scaled new heights.
- Nasdaq seeks SEC approval for bitcoin index optionsNasdaq seeks SEC approval for bitcoin index optionsNasdaq is awaiting regulatory approval to launch and trade options on a bitcoin index. This move would provide institutional investors and traders an alternative way to hedge their exposure to bitcoin. The options would track the CME CF Bitcoin Real-Time Index, supplementing the recently launched leveraged ETFs tied to bitcoin.
- Wall Street ends up as investors focus on Nvidia resultsWall Street ends up as investors focus on Nvidia resultsThe S&P 500 ended higher driven by anticipation of Nvidia's quarterly report. Nvidia's shares rose 1.5%, being the most-traded company, while heavyweight tech stocks were mixed. Meanwhile, economic data showed increased consumer confidence, influencing investor expectations for future interest rate cuts. Paramount Global and Tesla shares declined amid specific company news.
- US stock market Tuesday: S&P 500, Dow Jones on record highs, list of top gaining stocksUS stock market Tuesday: S&P 500, Dow Jones on record highs, list of top gaining stocksS&P 500, Dow Jones Industrial Average, Nasdaq have gained as the US stock market is riding high.
- New Hindenburg report claims $35 billion server maker Super Micro Computer engaged in 'accounting manipulation'New Hindenburg report claims $35 billion server maker Super Micro Computer engaged in 'accounting manipulation'Hindenburg Research's latest report accuses Super Micro Computer of severe accounting manipulation and sanctions evasion, causing an 8% drop in its Nasdaq-listed shares. The investigation reveals ongoing issues despite a previous SEC settlement and highlights problematic related party transactions. Super Micro, a major Silicon Valley server manufacturer, faces renewed scrutiny over its financial practices and corporate governance.
- US Stock Market predictions for Monday: S&P 500, Dow Jones, Nasdaq in positive, top stocks to watch outUS Stock Market predictions for Monday: S&P 500, Dow Jones, Nasdaq in positive, top stocks to watch outS&P 500, Dow Jones Industrial Average, and Nasdaq Composite will look to perform in green as all eyes will be on Nvidia, Apple and Tesla, small caps and regional banks' stocks.
- US stock market Friday: S&P 500, Dow Jones, Nasdaq near record highs, Nvidia share price rises 750 per centUS stock market Friday: S&P 500, Dow Jones, Nasdaq near record highs, Nvidia share price rises 750 per centS&P 500, Dow Jones Industrial Average, and Nasdaq composite -- all three US stock market indexes traded higher after Fed Chair Jerome Powell made significant announcement. Nvidia stock's valuations have also climbed.
- Wall St ends lower as tech shares weigh; Jackson Hole in focusWall St ends lower as tech shares weigh; Jackson Hole in focusU.S. stock markets faced declines on Thursday with technology shares leading the fall as Treasury yields rose and global central bank officials met at the Jackson Hole Economic Symposium. Investors are keenly awaiting Federal Reserve Chair Jerome Powell's speech for insights on potential rate cuts.
- Srivaru Motors unveils electric bike PRANA 2.0; targets to sell 10,000 unitsSrivaru Motors unveils electric bike PRANA 2.0; targets to sell 10,000 unitsSrivaru Motors is backed by NASDAQ-listed SRIVARU Holding Ltd in the United States and had introduced its maiden product -- an electric motorcycle PRANA in 2021 with a total capital infusion of USD 15 million, Ramasamy said during an interaction.
- US stocks open higher as prospects of September rate cut growUS stocks open higher as prospects of September rate cut growThe Dow Jones Industrial Average rose 41.7 points, or 0.10%, at the open to 40,932.23.
- US stocks slip at open with Fed in focusUS stocks slip at open with Fed in focusThe Dow Jones Industrial Average fell 22.0 points, or 0.05%, at the open to 40,874.52
- Wall St ends higher, extending rally ahead of Jackson HoleWall St ends higher, extending rally ahead of Jackson HoleU.S. stocks advanced on Monday, extended by gains in the tech-heavy Nasdaq. Investors looked ahead to the Democratic National Convention and the Jackson Hole Economic Symposium. Expectations grew for a Federal Reserve rate cut in September, boosting market confidence. Nvidia and Microsoft shares contributed significantly to the positive momentum.
- US stock market Monday: S&P 500, Dow Jones, Nasdaq on record high. Here are top gaining stocksUS stock market Monday: S&P 500, Dow Jones, Nasdaq on record high. Here are top gaining stocksS&P 500, Dow Jones and Nasdaq composite posted record jump as Nvidia, Microsoft and Alphabet pushed US Stock Market and Wall Street higher on Monday.
- ReNew Q1 profit falls 87%, shares slip 6% on NasdaqReNew Q1 profit falls 87%, shares slip 6% on NasdaqReNew Energy Global Plc's shares declined by 6% after announcing an 87% drop in quarterly profit, largely due to revenue losses from sold assets and higher operational costs.
- US stocks open higher on retail sales boostUS stocks open higher on retail sales boostThe Dow Jones Industrial Average rose 287.3 points, or 0.72%, at the open to 40295.74
- Alphabet drops 3% after report that US is mulling Google break-up, drags Wall StreetAlphabet drops 3% after report that US is mulling Google break-up, drags Wall StreetWall Street indices showed mixed results on Wednesday. Alphabet fell 3.6% following reports of a possible breakup by the U.S. Department of Justice, affecting the Nasdaq. Moderating inflation kept hopes alive for a Federal Reserve rate cut in September. The S&P 500 and Nasdaq mostly gained, boosted by tech stock rebounds and lower inflation rates.
- Is the stock market entering a long period of chaos and uncertainty? Will that be good?Is the stock market entering a long period of chaos and uncertainty? Will that be good?Many many people believe that a new era with a new economic paradigm may emerge in the US economy that may aim at a 2% inflation rate and a 2% benchmark interest rate. It is yet to be seen how one can reach that point. Will it stop the economy from slipping into a recession?
- Nasdaq short interest down 2% in late JulyNasdaq short interest down 2% in late JulyNasdaq short interest dropped by 2% in late July, with shorted shares falling from 14.356 billion to 14.068 billion, indicating a shift in market sentiment.
- US stocks waver as volatile week draws to a closeUS stocks waver as volatile week draws to a closeWall Street's main indexes experienced fluctuations amidst a tumultuous week affected by a rising yen and recession fears. Major indexes faced weekly losses, despite a positive jobless claims report. Investors anticipate next week's consumer prices and retail sales data. Analysts remain cautious about a sustained market recovery without new significant events.
- Nasdaq, S&P 500 end 2% higher in rally after US jobless dataNasdaq, S&P 500 end 2% higher in rally after US jobless dataU.S. stocks saw notable gains on Thursday, driven by a better-than-expected decrease in jobless claims, easing labor market concerns. The Nasdaq and S&P 500 each rose over 2%. Eli Lilly's stock surged due to an improved profit forecast. Small-cap stocks also rallied. Analysts indicate recession worries may be overstated.
- Asian stocks rebound as jobs data calms market jitters: Markets wrapAsian stocks rebound as jobs data calms market jitters: Markets wrapAsian equities saw gains on Friday as resilient US labor market data lifted investor confidence. Markets in Japan, South Korea, and Australia were bolstered, and US stocks had a significant rally. Jobless claims in the US were lower than anticipated, easing recession fears and encouraging investment in riskier assets, including cryptocurrencies.
- Wall Street jumps as jobs data eases slowdown fearsWall Street jumps as jobs data eases slowdown fearsOn the earnings front, Eli Lilly jumped 7.9% after the drugmaker raised its annual profit forecast, and sales of its popular weight-loss drug Zepbound crossed $1 billion for the first time in a quarter. Under Armour surged 19.2% after the sports apparel maker posted a surprise first-quarter profit, benefiting from its efforts to cut inventory and promotions.
- Nasdaq ends down 1% as tech shares fall; Treasury auction weakNasdaq ends down 1% as tech shares fall; Treasury auction weakU.S. stocks closed lower on Wednesday, with the Nasdaq dropping 1%. Technology shares and a weak 10-year Treasury auction dampened investor sentiment. The S&P 500 technology index was the biggest drag, falling 1.4%. Significant declines included Walt Disney and Super Micro Computer. Investors remained cautious amid recession worries and upcoming central bank commentary.
- Nasdaq, S&P 500 fall 3% each amid US recession fears, Apple dropNasdaq, S&P 500 fall 3% each amid US recession fears, Apple dropU.S. stocks saw substantial declines on Monday, with the Nasdaq and S&P 500 each falling over 3%. The losses were driven by recession concerns and a sharp drop in Apple shares after Berkshire Hathaway halved its stake. Weak economic data and concerns over the Federal Reserve's interest rate policy contributed to the market's extended sell-off.
- Dow sinks 1,000 points, extending a global rout, as worries deepen about a US economic slowdownDow sinks 1,000 points, extending a global rout, as worries deepen about a US economic slowdownU.S. stock markets plunged in early trading amid growing concerns of a recession, with the S&P 500 falling 4% following its worst week in over three months. The Dow Jones Industrial Average also took a significant hit, dropping 1,197 points or 3%. Meanwhile, the Nasdaq Composite experienced an even sharper decline, plummeting 5.5% and wiping out 15% of its value from last month's record high.
- Cryptocurrencies hit by huge selloff. Here’s whyCryptocurrencies hit by huge selloff. Here’s whyBitcoin dropped 13% from its Sunday closing price to $51,560, heading for its biggest one-day fall since November 2022 and its lowest level since February. Ether fell 17% to $2,277, its lowest since mid-January. Ethereum price on Monday was $2,332, down 19.71% from the previous day.
- Markets around the world are rattled by fears of slowing US growthMarkets around the world are rattled by fears of slowing US growthThe drops followed a U.S. jobs report Friday that indicated that employers had slowed hiring significantly in July, with unemployment rising to its highest level in nearly three years. This deepened fears that the economy was cooling and that the Federal Reserve may have waited too long on cutting interest rates.
- Nifty bulls caught between greed and fear. Let's see where we are in the market cycleNifty bulls caught between greed and fear. Let's see where we are in the market cycleInvestors who have been around are wondering if this is 1999 all over again with an imminent NASDAQ crash. Many others are pondering whether to sell, lock in profits, or buy more. The best approach, we believe, is to examine the data and make an objective decision.
- Stocks drop, Nasdaq confirms correction as recession fears mountStocks drop, Nasdaq confirms correction as recession fears mountU.S. stocks dropped notably for the second day as a soft jobs report heightened recession worries. Nonfarm payrolls rose by just 114,000, missing expectations. The unemployment rate increased to 4.3%, near a three-year high. Major indices, including the Nasdaq, saw substantial declines, with market sentiment turning bearish.
- Nasdaq falls 10% from record high confirming Big Tech correctionNasdaq falls 10% from record high confirming Big Tech correctionThe Nasdaq Composite index fell 2.2% on Friday, putting it on track to confirm it is in a correction following concerns about pricey Big Tech valuations and a cooling economy.
- Market mayhem: From US to Japan, why stock markets are tanking?Market mayhem: From US to Japan, why stock markets are tanking?Some experts believe that the US economy remains strong despite the stock market meltdown on Thursday. It has been reported that the broadest measure of the US economy is robust and it also shows consumer spending resilience.
- Dow slumps 459 pts, Nasdaq on pace to confirm correction after weak jobs reportDow slumps 459 pts, Nasdaq on pace to confirm correction after weak jobs reportThe S&P 500 reached its lowest point since July 11th, and the Dow Jones Industrial Average faced its most significant two-day decline since March 2023. July's job growth fell considerably short of expectations, with 114,000 new nonfarm payrolls compared to the 175,000 predicted. The unemployment rate also edged up to 4.3%. This weaker-than-expected labour market data has shifted trader sentiment, with many now anticipating a more substantial half-percentage-point interest rate cut by the Federal Reserve in September, as opposed to the previously anticipated quarter-percentage-point reduction.
- Is there a fear of recession in the U.S? Here's all you need to knowIs there a fear of recession in the U.S? Here's all you need to knowFed Chair Jerome Powell has hinted at cutting the bank rates in September, but it failed to satisfy the stock exchange sentiments, further indicating recession in the US economy.
