Page 13 - Nasdaq

Growth stocks lift Wall Street ahead of Fed's rate decision; Nasdaq up 1.6%

Market heavyweights Apple Inc, Meta Platforms , Alphabet Inc, Microsoft Corp and Amazon.com Inc added between 1.3% and 2.5%

Wall Street slips as growth stocks struggle amid rising bond yields

Tesla gains on surge in China sales, UBS upgrade; 10-year Treasury yield up at 3.04%; Brent above $123 a barrel

S&P 500, Nasdaq edge higher in choppy trade as growth stocks rise

Stocks rose broadly in morning trading on Wall Street Monday, led by more gains in big tech companies. The S&P 500 rose 1.4% as of 10:10 a.m. Eastern. The Dow Jones Industrial Average rose 325 points, or 1%, to 33,231 and the Nasdaq rose 1.8%. Technology stocks were doing much of the heavy lifting for the market. Companies in the sector, with their lofty stock values, tend to give the market a harder push higher or lower. Apple rose 1.9%. Banks gained ground along with rising bond yields, which allow them to charge more lucrative interest rates on mortgages and other loans. The yield on the 10-year Treasury rose to 2.99% from 2.95% late Friday. Bank of America rose 1.9%. Several big companies were moving on a mix of deal and other news. Twitter fell 4.2% after Tesla CEO Elon Musk threatened to call of his deal to buy the company, saying Twitter was refusing to hand over data. Spirit Airlines rose 4.3% after JetBlue raised its offer to buy the rival carrier, and Amazon rose 4.7% .

World shares steady as oil drops on Saudi Arabia's talk of output boost

Derivative markets pointed to a positive start later in the United States following losses on Wednesday when economic data failed to ease angst over rate hikes to fight inflation.

Meta Platforms to trade on Nasddaq under 'META' ticker from June 9

Meta Platforms Inc said its Class A common stock will begin trading on the Nasdaq under the ticker symbol 'META' prior to market open on June 9, replacing its current ticker symbol 'FB'

Wall Street drops as economic data, weak forecasts re-ignite slowdown fears

Snap set for worst day on record after profit warning; Abercrombie & Fitch slumps after lowering revenue outlook

Wall Street bounces back on boost from banks, Apple; Dow rises over 2%

Major indexes are opening broadly higher on Wall Street Monday following seven weeks of declines that nearly ended the bull market that began in March 2020. The S&P 500 is up 0.9% in the early going. The tech-heavy Nasdaq is up 0.6% and the Dow Jones Industrial Average climbed 1%. European markets were also higher and Asian markets closed mixed overnight. Treasury yields are slightly higher. The yield on the 10-year Treasury note, which helps set mortgage rates, rose to 2.81%.Ware soared following a report that chipmaker Broadcom is in talks to buy it. Wall Street pointed toward gains before markets opened Monday after dipping close to the edge of a bear market to close the week Friday. Futures for the Dow Jones Industrials rose 1% and the S&P 500 climbed 1.1% in premarket trading. Benchmarks rose in Frankfurt, London and Tokyo and fell in Paris and Hong Kong. Oil prices also gained. Yet it has been a brutal stretch for major markets in the U.S. and globally. On Friday the ...

Maintain 15-20% allocation to international funds despite ongoing downturn

Remember that you need to diversify away from your home country, and hedge against the rupee's depreciation

Wall Street rises as growth stocks gain after two days of selloff

Energy was the top performer, up 2.2%, followed by healthcare and technology sectors

Nasdaq, S&P 500 drop 3% as growth stocks' rally wanes; Target slumps

The Nasdaq 100 fell the most among major benchmarks as growth-related tech stocks sank. Megacaps Apple Inc., Microsoft Corp. and Amazon.com Inc. fell more than 3%

Wall St falls as growth stocks, glum China data weigh; Nasdaq slips 0.8%

Apple, Tesla biggest drag on S&P 500 and Nasdaq; Spirit Airlines surges after JetBlue launches hostile takeover

Wall Street opens modestly lower, continuing a losing streak; S&P down 0.6%

Stocks are opening modestly lower on Wall Street Monday, continuing a losing streak that has brought the market down for six weeks in a row. The S&P 500 was down 0.6 per cent in the early going, while more declines in technology companies pulled the Nasdaq down 1.1 per cent. The Dow Jones Industrial Average fell less, 0.3 per cent. Spirit Airlines rose 7 per cent after JetBlue would make a hostile offer for the budget carrier after Spirit rebuffed its earlier bids. Overseas markets were mixed, as were crude oil prices. The yield on the 10-year Treasury note, which helps set mortgage rates, fell to 2.90 per cent. Wall Street pointed toward modest declines when markets open Monday as investors continue to weigh surging energy costs and prospects for interest rate hikes in the US. Dow futures fell 0.1 per cent and the same for the S&P 500 lost 0.3 per cent. Global shares were mixed and oil prices fell. Last week, US benchmarks logged their sixth straight weekly drop, the longest .

Wall Street rallies as growth stocks rebound, Twitter falls; Dow up 370 pts

Growth stocks such as Apple Inc, Google-owner Alphabet Inc, Amazon.com and Nvidia Corp gained between 2.2% and 6.5% after falling for most of the week.

Crypto collapse intensifies as stablecoin Tether slides below dollar peg

The sell-off has taken the combined market value of all cryptocurrencies to $1.2 trillion, less than half of where it was last November, based on data from CoinMarketCap

Bitcoin falls to lowest in 16 months by $26,970, giving up 2021 gains

The world's largest cryptocurrency dropped as low as $26,970, to stand at its lowest since Dec. 28, 2020. In the last eight sessions, it has lost a third of its value, or $13,000

S&P 500, Dow up after inflation data, Nasdaq falls on rate hike worries

US consumer prices slow in April; inflation still high; Coinbase falls on Q1 revenue slump, net loss

S&P 500 hits one-year low as higher bond yields pressure growth stocks

Dow Jones Industrial Average was down 486.39 points, or 1.48%, at 32,412.98 and the Nasdaq Composite was down 373.29 points, or 3.07%, at 11,771.38

Wall Street tumbles again as strong jobs growth fuels rate hike fears

The Dow Jones Industrial Average was down 375.98 points, or 1.14%, at 32,621.99

Wall Street slumps as investors fear bigger Fed rate hikes; Nasdaq falls 4%

The Dow Jones Industrial Average fell 1,033.07 points, or 3.03%, to 33,027.99

Cash shifts pull rug under global equity markets, say strategists

World stocks recorded their worst quarter this year since the coronavirus pandemic unleashed havoc in March 2020, while US stocks are down nearly 12% from its peak earlier this year