NEW YORKâThe S&P 500 and Nasdaq ended higher on Wednesday, led by gains in shares of big growth names like Amazon.com and Microsoft, but JPMorgan shares fell along with other bank shares and weighed on the market. The S&P 500 briefly added to gains following the release of minutes from the September Federal Reserve policy…
S&P 500, Nasdaq Rise With Growth Stocks; JPMorgan a Drag
October 14, 2021
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Tech Stocks Lift Nasdaq, Banks Weigh on S&P 500, Dow
October 13, 2021
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The Nasdaq rose on Wednesday as technology stocks returned as market favorites amid concerns about rising inflation, while banking stocks slipped despite strong quarterly results from JPMorgan. Technology and communication services were among the few gainers among the 11 major S&P sectors. Mega-caps growth names including Facebook Inc., Amazon.com Inc., Google-parent Alphabet Microsoft Corp., and…
Nasdaq Futures Lifted by Big Tech as Focus Turns to Earnings
October 12, 2021
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Gains in technology stocks kept Nasdaq futures afloat on Tuesday, while futures tracking the Dow and the S&P 500 were pressured by worries of higher inflation and its impact on third-quarter earnings starting this week. Mega-caps growth names including Microsoft Corp., Facebook Inc., Amazon.com Inc., Google-parent Alphabet, and Tesla inched higher in premarket trading. Tesla…
Nasdaq Wagers on Sports Betting Trend, Sees Retail Brokers Joining
Sports betting will likely occur through exchanges and retail brokerages like Robinhood Markets Inc. in the future, the head of North American markets at Nasdaq Inc. said on Thursday. Nasdaq in June took a stake in Sporttrade, a start-up that plans to launch a sports betting app in New Jersey by year-end, and last month…
Nasdaq Ends Sharply Lower; Rising Treasury Yields Sink Big Tech
October 5, 2021
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Wall Street ended sharply lower on Monday (Oct. 4) as investors dumped Big Tech and other growth stocks in the face of rising Treasury yields, while concerns about a potential U.S. government debt default also fed caution. Apple, Microsoft, Amazon, and Alphabet, the U.S. stock market’s four most valuable companies, each dropped more than 2…
Wall Street Rises, but Tracks Steep Monthly Losses
September 30, 2021
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Wall Street’s main indexes rose on Thursday at the end of a bruising month as investors kept a close watch on funding negotiations in Washington to prevent a government shutdown. The benchmark S&P 500 was still on course to snap its seven-month winning streak, due to worries about inflation, fallout from China Evergrande’s potential default…
Nasdaq Futures up 1 Percent as Tech Stocks Rebound
September 29, 2021
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Nasdaq futures jumped 1 percent on Wednesday as technology stocks led a rebound after concerns about inflation and rising Treasury yields drove one of Wall Street’s worst selloff of this year. Shares of heavyweights Amazon.com Inc., Facebook Inc., Microsoft Corp., Apple, and Google-parent Alphabet Inc. rose between 1 percent and 1.3 percent in premarket trading….
Nasdaq Short Interest Down 0.07 Percent in Mid-September
September 25, 2021
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Short interest on the Nasdaq fell 0.07 percent in the first two weeks of September, the exchange said on Friday. As of Sept. 15, short interest fell to about 11.014 billion shares, from 11.023 billion shares as of Aug. 31. Investors who sell securities “short” borrow shares and then sell them, on expectations the stock…
S&P 500, Nasdaq Hit Record Highs on Boost From Tech, Oil Stocks
The S&P 500 and Nasdaq hit record highs on Thursday on gains in heavyweight technology and energy companies, as well as hopes that the Federal Reserve will maintain an accommodative policy amid signs that an economic recovery was slowing. The energy sector rose 3.1 percent, with oil majors Exxon Mobil, Chevron Corp, Schlumberger NV, and…
S&P, Nasdaq Post Record Closes on Dovish Fed Taper-Talk
The S&P 500 and Nasdaq topped their record closes once again on Monday, bolstered by technology stocks, as last week’s dovish comments from the Federal Reserve on tapering its monetary stimulus refocused investors’ minds on economic growth. It was the fourth record closing high in five sessions for the S&P, and the fifth in six…
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