Page 13 - Nasdaq

Wall Street slides as strong jobs data fuels interest rate hike worries

Fed Governor Christopher Waller and St. Louis Fed President James Bullard said on Thursday they would support another 75-basis-point rate increase, but forecast a downshift to a slower pace afterward

Rajesh Nambiar loses 'executive' role at Cognizant, to remain India head

Rajesh Nambiar shall remain Cognizant CMD and executive Vice-President of India

Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%

Despite a 0.8 per cent fall in heavyweight Reliance, Bajaj twins, HUL, Asian Paints, Maruti, Titan, Kotak Bank and Nestle led the upmove on the Sensex, moving up to 4.8 per cent higher.

NICL picks Cognizant for accelerating, managing its digital transformation

NICL is one of India's leading public sector general insurance companies

ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip

CLOSING BELL: The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent

Wall Street begins second-half with losses on economic growth worries

Dow Jones Industrial Average was down 114.85 points, or 0.37%, at 30,660.58, the S&P 500 was down 9.89 points, or 0.26%, at 3,775.49

US stocks see worst first half drop in over 50 yrs amid inflation woes

US stocks have seen their worst first half of a year since 1970, as concerns grow over how steps to curb inflation will affect economic growth.

Is the time ripe for consolidation among new-age technology companies?

A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months

Byju's offers to buy US-listed edtech firm 2U for over $1 billion

Byju's made the offer of about $15 a share to 2U's board last week, said the person, who asked not to be named as the bid isn't yet public

Sharp rate hike bets keep Wall Street subdued, Goldman Sachs lifts Dow

US economy contracted in Q1 amid record trade deficit; BofA upgrades Goldman Sachs, shares rise; General Mills rises as sales beat on higher prices; Bed Bath & Beyond replaces CEO, shares tumble

Wall Street tumbles as weak consumer confidence stokes growth worries

US consumer confidence tumbles in June; Disney rises as Shanghai's Disneyland theme park to reopen; Nike slips on downbeat quarterly revenue forecast

Nasdaq turns positive after Fed chair's remarks on policy outlook

In his prepared remarks before the Senate Banking Committee, Jerome Powell reiterated that ongoing increases in the policy rate would be appropriate

Wall St sinks as recession fears ripple through markets; Nasdaq down 3.85%

Growth stocks decline, banks also down; S&P 500 down 22.9% year-to-date

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 ...