With US stocks still trading at 19.2x forward earnings, global investors, Wood wrote in GREED & fear note, should continue to reduce positions in favour of Europe, China and India
Known as the Dow Theory, it holds that moves in the Dow Jones Industrial Average must be confirmed by transport stocks, and vice versa, to be sustained
An ISM survey showed manufacturing was steady in February, but a measure tracking forward-looking new orders contracted to 48.6 last month from 55.1 in January
The suggestion came out of the blue and underlined the risk of more policy uncertainty and market volatility ahead. Gold hit another record high, driven mostly by a weaker dollar
Automakers, chip stocks fall after Trump announces trade tariffs
Of the 260 respondents, 88% said the debut of the startup's latest model - which wiped $784 billion from the S&P 500 on Monday - will have little to no impact on the shares of US technology behemoths
US Nasdaq Composite futures tumbled 1.8 per cent as of 0158 GMT and S&P 500 futures sank 0.9 per cent
Five of the 11 S&P 500 sectors declined, led by a 1.8 per cent drop in Technology stocks. Megacaps were down, with Tesla sliding 2 per cent, Apple dropping 2.7 per cent
US stock markets will remain closed on January 9 in honour of former President Jimmy Carter, continuing a long-held Wall Street tradition in mourning the nation's leaders. Both the New York Stock Exchange and Nasdaq announced this week that they plan to close their equity and options markets next Thursday in observance of a National Day of Mourning for the 39th US president and global humanitarian. Carter died on Sunday at his home in Plains, Georgia. He was 100 years old. The Nasdaq also observed a moment of silence early Monday in remembrance Carter. And the NYSE says it will fly its US flag at half-staff throughout the mourning period of the late president. Tal Cohen, Nasdaq president, said in a statement that the exchange would be closing its markets January 9 to celebrate (Carter's) life and honour his legacy." He added that Carter was an exemplary leader, one who tirelessly continued his efforts to improve the human condition even after his tenure in public office was ...
As expected, Republican Donald Trump won Indiana and Kentucky while Democrat Kamala Harris captured Vermont, Edison Research projected, as polls closed in the first six US states
Stock Market Highlights: 26 constituent stocks of Nifty50 ended higher with the gains led by NTPC, Hindalco, JSW Steel, Shriram Finance, and Larsen & Toubro on Monday
Nvidia slid 5.6% after reports of a delay in the launch of its upcoming artificial-intelligence chips due to design flaws. Microsoft and Alphabet fell about 3% each
The Nasdaq indexes tumbled more than 3% for the worst days since October 2022
The contrarian group reaped paper profits of $461 million on the cybersecurity software company's 11% drop, according to data from S3 Partners LLC
Perficient's shares will no longer trade on the Nasdaq stock exchange after the deal closes, the companies said
There have been lawsuits, short-selling and rampant speculation. Now, as Trump Media & Technology Group approaches its first month as a publicly traded company, it's clear that like the man it's named after there's nothing typical about the stock. If I woke up tomorrow and shares were zero dollars, or $100, I would not be surprised, said Matthew Tuttle, a professional investor who bought $800 in Trump Media stock last week when it was at an all-time low. A day later, it had spiked in value. This is not going to move on fundamentals, earnings, or anything I was taught in business school about how a stock is supposed to move," he said. With Trump facing dozens of federal felony charges and hundreds of millions in legal expenses, Trump Media went public on March 26 on the Nasdaq exchange. Unlike many other stocks, it has been hard for traditional analysts and investors to figure out where it's heading. Here are some key takeaways from experts and regulator filings that help explain
Meta plunged 14.7% after the Facebook-parent forecast higher expenses and lighter-than-expected revenue
Wall Street's main indices kicked off the week on a lower note. Market participants are hoping that Friday's US prices data will back investor bets for a June interest rate cut by the Federal Reserve
An SEC spokesperson said the regulator is reviewing the decision