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Page 18 - Nasdaq

Wall St rises as cyclical stocks rebound after selloff; Dow rises 300 pts

Didi takes a breather after four-day losing streak; General Motors gains as Wedbush starts with 'outperform'

Wall St rises as cyclical stocks rebound after selloff; Dow rises 300 pts
Updated On : 09 Jul 2021 | 8:09 PM IST

Nasdaq, S&P 500 hit record high as investors bet on US June jobs

Blue chip and key technology stocks on Wall Street hit record highs on Monday as investors bet on outsized US jobs gains for June even as falling oil prices dragged down the broader stock market.The S & P 500 index, which groups the top 500 stocks on the New York Stock Exchange, raced to an all-time high of 4,292 before closing at 4,290, up 0.2 percent on the day.The Nasdaq Composite index, which includes high-flying tech stocks such as Facebook, Amazon, Apple, Microsoft, Netflix and Google, hit an all-time high of 14,505, before settling at 14,500, up almost 1.0 percent.However, the Dow Jones Industrial Average, the broadest US equity barometer on the New York Stock Exchange, fell on the day and finished down 0.4 percent at 34,283.The S & P500 and Nasdaq jumped as investors bet that the US non-farm payrolls report for June, due on Friday, are expected to show a gain of 690,000 jobs versus May's 559,000.The Dow fell as oil prices had their first meaningful drop in a week on ...

Nasdaq, S&P 500 hit record high as investors bet on US June jobs
Updated On : 29 Jun 2021 | 7:32 AM IST

Nasdaq and S&P 500 scale new peaks, Dow rallies; Caterpillar jumps 3.4%

Mega-caps Microsoft Corp, Netflix Inc and Facebook Inc gained between 0.4% and 1.3% and were among the biggest boosts to the S&P 500 and the Nasdaq

Nasdaq and S&P 500 scale new peaks, Dow rallies; Caterpillar jumps 3.4%
Updated On : 25 Jun 2021 | 1:20 AM IST

Nasdaq, S&P 500 scale new peak as weekly jobs recovery gains traction

Tesla shares boost Nasdaq, S&P 500; Lilly jumps on plans to seek approval for Alzheimer's drug

Nasdaq, S&P 500 scale new peak as weekly jobs recovery gains traction
Updated On : 24 Jun 2021 | 8:37 PM IST

US stocks mixed as Nasdaq hovers near record, dollar turns higher

WASHINGTON/LONDON (Reuters) -U.S. stocks were mixed on Wednesday after reassurances from U.S. Federal Reserve Chair Jerome Powell that the Fed is not rushing to raise interest rates, while European stocks remained under pressure.

US stocks mixed as Nasdaq hovers near record, dollar turns higher
Updated On : 24 Jun 2021 | 1:43 AM IST

US stocks open higher, led by gains in banks and industrial firms

Stocks are opening mostly higher on Wall Street, getting the week off to a positive start after the S&P 500 posted its biggest weekly decline since February. The benchmark index was up 0.3 per cent in the first few minutes of trading Monday. Banks and industrial companies were doing the best, while several big technology companies were falling. That helped pull the tech-heavy Nasdaq composite down 0.4 per cent. Investors will be keeping an eye on more data coming out on inflation this week, as well as earnings from Nike and FedEx. Bond prices fell. The yield on the 10-year Treasury note rose to 1.48 per cent. Investors are still thinking over the Federal Reserve's signal that it may raise current ultra-low interest rates sooner than expected and slow its market-supporting bond purchases. Part of the Fed's mission is to keep prices under control. The fear is that burgeoning inflation may prompt central banks to dial back the lavish support that has lifted markets to new highs after

US stocks open higher, led by gains in banks and industrial firms
Updated On : 21 Jun 2021 | 7:35 PM IST

IPO boom: $140.3 billion raised globally via 670 offers in 2021

At 670, the number of issues / IPOs in the first five months of CY21 is the second-highest since the calendar year 2000 when 677 IPOs hit the Street globally.

IPO boom: $140.3 billion raised globally via 670 offers in 2021
Updated On : 12 May 2021 | 11:23 PM IST

Wall Street drops on inflation jitters, tech stocks' selloff in focus

Simon Property drops on bleak outlook; energy stocks fall as oil prices slide

Wall Street drops on inflation jitters, tech stocks' selloff in focus
Updated On : 11 May 2021 | 8:14 PM IST

S&P hits record, Nasdaq rallies as weak jobs data eases Fed taper worries

(Reuters) - The S&P 500 and the Dow Jones Industrials hit record highs on Friday, while the technology-heavy Nasdaq index jumped after weak U.S. jobs data eased worries about the Federal Reserve reducing its massive stimulus program anytime soon.

S&P hits record, Nasdaq rallies as weak jobs data eases Fed taper worries
Updated On : 07 May 2021 | 8:18 PM IST

Wall Street kicks off month on strong footing, growth stocks lag

With more than half of S&P 500 companies having already reported results so far, profits are seen rising 46 per cent in the first quarter

Wall Street kicks off month on strong footing, growth stocks lag
Updated On : 03 May 2021 | 8:49 PM IST

Alphabet pushes S&P 500 to record high, bolsters Nasdaq index

Market participants are also prepping for results of Apple Inc and Facebook Inc after markets close.

Alphabet pushes S&P 500 to record high, bolsters Nasdaq index
Updated On : 28 Apr 2021 | 8:42 PM IST

Grab's Nasdaq debut to test its $40 bn valuation, set roadmap for SPACs

The backdoor Nasdaq listing will see nine-year-old Grab raise over $4 billion, a record U.S. offering from Southeast Asia.

Grab's Nasdaq debut to test its $40 bn valuation, set roadmap for SPACs
Updated On : 28 Apr 2021 | 3:09 PM IST

Mega-cap stocks fall after Netflix begins the day with poor earnings

Shares of mega-cap firms, including Apple, Amazon.com, Facebook and Tesla, fell between 0.3 per cent and 1.8 per cent

Mega-cap stocks fall after Netflix begins the day with poor earnings
Updated On : 21 Apr 2021 | 11:31 PM IST

Cryptocurrency exchange Coinbase Global's value soars past LSE and Nasdaq

At present, the world's biggest stock exchange in terms of market cap is the Hong Kong Exchanges and Clearing, valued at$75.6 billion, followed by American bourse CME Group, valued at $74 billion

Cryptocurrency exchange Coinbase Global's value soars past LSE and Nasdaq
Updated On : 16 Apr 2021 | 11:39 AM IST

Cryptocurrency exchange Coinbase jumps 11% day after Nasdaq debut

The firm had a high-profile debut on the Nasdaq

Cryptocurrency exchange Coinbase jumps 11% day after Nasdaq debut
Updated On : 15 Apr 2021 | 3:14 PM IST

Coinbase Global heads for $91-billion valuation in Nasdaq debut

The San Francisco-based firm was valued at just under $6 billion as recently as last September but has surged in line with bitcoin's gains this year.

Coinbase Global heads for $91-billion valuation in Nasdaq debut
Updated On : 15 Apr 2021 | 1:38 AM IST

S&P 500, Nasdaq up as technology stocks rise after J&J vaccine pause

Technology and consumer discretionary sectors, which house high-flying technology names that tend to outperform during times of economic uncertainty, rose 0.6% and 0.4%, respectively.

S&P 500, Nasdaq up as technology stocks rise after J&J vaccine pause
Updated On : 13 Apr 2021 | 8:36 PM IST

Pressing question before India's tech unicorns: Where to bring an IPO?

Business Standard breaks down key listing requirements in India, in the US and the possibility in a few other scenarios

Pressing question before India's tech unicorns: Where to bring an IPO?
Updated On : 06 Apr 2021 | 10:40 PM IST

InMobi plans $1-billion IPO on Nasdaq by the end of fourth quarter

According to the sources, the company is approaching merchant bankers, including Goldman Sachs, Morgan Stanley, and JPMorgan, and it expects to finalise the line-up quickly

InMobi plans $1-billion IPO on Nasdaq by the end of fourth quarter
Updated On : 01 Apr 2021 | 6:10 AM IST

Wall Street opens lower on hedge fund default concerns; Nasdaq down 0.78%

The S&P 500 fell 5.2 points, or 0.13%, at the open to 3,969.31

Wall Street opens lower on hedge fund default concerns; Nasdaq down 0.78%
Updated On : 29 Mar 2021 | 8:06 PM IST