(Reuters) - The S&P 500 and the Nasdaq opened higher on Monday as technology stocks rebounded from a recent pullback that was sparked by a surge in bond yields, while Tesla shares gained after Cathie Wood's Ark Invest set a three-year price target of $3,000.
Bond yields spiked after the Federal Reserve pledged to tolerate inflation and keep monetary policy loose through 2023
NEW YORK (Reuters) - The S&P 500 slipped on Friday after hitting an all-time high the prior session as rising U.S. bond yields revived inflation worries and dulled the appeal of high-growth technology shares.
Wall Street's main indexes have come under pressure in the past few weeks as a consistent rise in borrowing costs have raised fears of a sudden tapering of monetary stimulus
(Reuters) - U.S. stocks advanced on Tuesday, with the Nasdaq jumping over 3% to recoup its losses from the previous session, as U.S. bond yields retreated and investors picked up battered technology stocks.
Tesla Inc. shares rebounded on Tuesday after a five-day losing streak wiped out about $149 bn from the company's valuation
The Nasdaq Composite dropped 15.9 points, or 0.12%, to 12904.264 at the opening bell
Technology-related stocks, including Facebook Inc, Apple Inc and Amazon.com Inc, fell between 1.3% and 3%
Since the market peaked a few weeks ago, retail traders have plowed cash into US stocks at a rate 40% higher than they did in 2020, which was a record year
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Headquartered in Abu Dhabi, Anghami has more than 70 million registered users
There has been a recent spurt of investor interest in India's renewables space, with the outlook for the sector, as well as for electricity demand growth, remaining strong
In an investor call by ReNew and RMG, the firm said it expects revenues to grow 30 per cent until 2025
NEW YORK (Reuters) - The tech-heavy Nasdaq index rallied in choppy trading on Friday, even as sentiment remained fragile after the index's worst performance in four months the day before as fears of rising inflation kept U.S. bond yields near a one-year high.
(Reuters) - The S&P 500 and the Nasdaq index opened higher on Friday following a sharp pullback on Wall Street as tech-related stocks rebounded but sentiment remained fragile, with U.S. bond yields at one-year high.
The company won't raise any proceeds in the transaction, Coinbase said in a filing with the US Securities and Exchange Commission on Thursday.
To partner with RMG Acquisition Corporation for private investment in public equity
(Reuters) - The Nasdaq index fell in volatile trading on Tuesday as investors sold off mega-cap growth stocks on valuation concerns, although Federal Reserve Chairman Jerome Powell's comments on the economy helped ease some selling pressure.
Tesla Inc. dropped as much as 13% as investors continued to punish stocks that have led the rally from the depths of the pandemic a year ago
NEW YORK (Reuters) - The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology shares and concerns about inflation added some pressure on stocks.