Page 2 - Us Stocks

US stock markets to remain closed on Jan 9 in honour of Jimmy Carter

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 ...

US stock futures, dollar firm in Asia as US election results trickle in

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, Sept 16: Sensex, Nifty end flat; Bajaj Housing Finance soars 136% on debut

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

Why are Nvidia shares falling?

Over the past few weeks, Nvidia shares have been in freefall, with a staggering 9.5% drop that erased nearly $279 billion in value. That’s right—$279 billion!

Wall Street plunges as US recession fears jolt global mkts; Apple falls 4%

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

$1 trn rout hits Nasdaq 100 over AI jitters in worst day since 2022

The Nasdaq indexes tumbled more than 3% for the worst days since October 2022

CrowdStrike short sellers net $461 mn after stock plunges on Windows outage

The contrarian group reaped paper profits of $461 million on the cybersecurity software company's 11% drop, according to data from S3 Partners LLC

EQT to acquire digital consultancy firm Perficient for nearly $3 bn

Perficient's shares will no longer trade on the Nasdaq stock exchange after the deal closes, the companies said

Trump's media firm's first month of trading sends investors on a ride

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

Nasdaq down over 2%, Dow falls 500 points on US GDP growth data

Meta plunged 14.7% after the Facebook-parent forecast higher expenses and lighter-than-expected revenue

Wall Street declines ahead of US data; dollar faces heat from yen, yuan

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

SEC abused its authority in case against crypto platform, says US judge

An SEC spokesperson said the regulator is reviewing the decision

Crude oil prices hold firm on Opec demand forecast, US fuel stocks

Brent crude futures rose 6 cents, or 0.07%, to $82.83 a barrel by 0953 GMT. US West Texas Intermediate (WTI) crude futures were flat at $77.87

GE flags lower-than-expected profit in its first quarter, shares fall by 1%

The company's shares were down about 1% in morning trade

US stocks decline, Treasury yield gain as solid data dims rate cut hopes

All three major U.S. indexes were lower, with interest rate sensitive momentum stocks weighing heaviest on the tech-heavy Nasdaq

Global stocks set to snap 9-week winning streak on interest rate rethink

Europe's Stoxx 600 index sank 0.9% and government bond yields in the euro zone and United States rose sharply as prices of the interest rate-sensitive debt securities fell

Broader markets witness fresh turbulence amid Israel-Hamas conflict

This was the worst fall for the smallcap index since September 12, when it had tanked over 4 per cent

S&P 500 inches higher, dollar weakens as soft data supports Fed pause

NEW YORK (Reuters) - The S&P 500 advanced and the dollar extended its losses on Wednesday, as a slew of disappointing economic data raised the probability that the Federal Reserve will press the pause button in its efforts to rein in inflation.

BofA sees 'trouble' ahead for technology stocks despite big inflows

The tech-heavy Nasdaq Composite has gained 28% this year, fueled by megacap stocks and excitement over the business potential of artificial intelligence

Citigroup downgrades US stocks amid recession risks, upgrades Europe

Strategists at the brokerage downgraded UK stocks on a lack of exposure to growth stocks and a stronger pound