Tag Archives: NASDAQ

Nasdaq powers rally, stocks rise for third straight session

Nasdaq powers rally, stocks rise for third straight session

U.S. stocks wavered Wednesday morning after reactions to weak earnings from Alphabet (GOOGL) and Microsoft (MSFT), raising concerns that slowing output could dent corporate profits in the coming months. The technology-heavy Nasdaq Composite (^IXIC) plummeted by as much as 2% in early trading. Both the S&P 500 (^GSPC) and the Dow Jones Industrial Average (^DJI) inched higher by 0.4% and 0.9%. Stocks have rallied of late, posting three straight days of gains. The Nasdaq jumped 2.3% in Tuesday… Source link

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S&P, Nasdaq close lower ahead of inflation report, earnings

S&P, Nasdaq close lower ahead of inflation report, earnings

U.S. stocks fell on Tuesday to cap a back-and-forth session as investors gear up for a big inflation report Wednesday and the start of third-quarter earnings season. The S&P 500 (^GSPC) fell 0.6% after failing to retain a gains from an intraday rebound, and the Nasdaq Composite (^IXIC) tumbled 1.1% to a fresh two-year low. The Dow Jones Industrial Average was an outlier — ending 0.1% in the green. Meanwhile, the benchmark 10-year Treasury note came close again to the key 4% level. Investors… Source link

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Stock sell-off intensifies after relief rally fades; Dow sheds 500 points, Nasdaq falls 3%

Stock sell-off intensifies after relief rally fades; Dow sheds 500 points, Nasdaq falls 3%

U.S. stocks cascaded Thursday as recession jitters returned to Wall Street, paring gains from a fleeting relief bounce spurred by the Bank of England’s bond-buying move. The S&P 500 plummeted 2.3%, while the Dow Jones Industrial Average erased more than 500 points, or around 1.7%. The Nasdaq Composite sank over 3%. Technology stocks led the slide lower as heavily-weighted Apple (AAPL) shares erased roughly 4.8% on concerns around waning demand that prompted a downgrade from Bank of America…. Source link

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HUB Security Receives Court Approval to Summon Shareholders Meetings for the Approval of the NASDAQ SPAC Merger and Delisting from Tel-Aviv Stock Exchange

HUB Security Receives Court Approval to Summon Shareholders Meetings for the Approval of the NASDAQ SPAC Merger and Delisting from Tel-Aviv Stock Exchange

TEL AVIV, Israel, Aug. 9, 2022 /PRNewswire/ — HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company“), announced today that following its announcement on July 5th, the Company has received a formal approval of the Israeli district court to summon shareholders meetings for the approval of the upcoming SPAC merger and listing terms on NASDAQ. HUB Security Logo If approved by the shareholders and the… Source link

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S&P notches 4th straight day of gains, Nasdaq up 2.3%

S&P notches 4th straight day of gains, Nasdaq up 2.3%

U.S. stocks pushed higher for a fourth straight session on Thursday, led by broad-based gains across all sectors. Investors look ahead to the all-important June jobs report due out before Friday’s opening bell. The S&P 500 rallied 1.5% and the Nasdaq gained 2.3%. The Dow Jones Industrial Average added 246 points, or roughly 1.1%. The Labor Department is set to release its latest monthly employment data at 8:30 a.m. ET on Friday. Figures are expected to show a payroll gain of 268,000 — the… Source link

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Nasdaq drops 3%, Dow sheds nearly 500 points

Nasdaq drops 3%, Dow sheds nearly 500 points

US stocks were under pressure Tuesday, with the Nasdaq losing about 3% as selling ramped for technology shares especially. As of the close, the S&P 500 was off 2%, bringing it down to 3,821.74. The Dow fell by 490 points, or 1.6%, and the Nasdaq dropped 2.98% to 11,181.54. The small cap Russell 2000 was also down more than 1.5%. Stocks had taken a leg lower in morning trade after a new report showed US consumer confidence deteriorated to a 16-month low in June amid ongoing inflation concerns,… Source link

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Stock market news live updates: Stocks end mixed as tech shares come under renewed pressure: Nasdaq drops 1.2%

Stock market news live updates: Stocks end mixed as tech shares come under renewed pressure: Nasdaq drops 1.2%

U.S. stocks ended mixed on Monday, with equities struggling for direction as concerns over the growth outlook persisted amid elevated inflation. The S&P 500 ended a choppy session lower, dropping 0.4% to close at 4,008.01.The Nasdaq dropped by 1.2% to end at 11,662.79, as mega-cap technology companies including Apple (AAPL) fell and dragged the index lower. The Dow Jones Industrial Average closed slightly higher to reach 32,223.42. U.S. crude oil prices (CL=F) erased earlier losses and rose… Source link

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Stock futures little changed after S&P 500, Dow, and Nasdaq cap losing streak

U.S. equity futures were flat heading into overnight trading Wednesday after stocks ended a losing streak to log their best session in two years. All three main benchmarks closed higher for the first time in four days and commodity prices retreated from a recent spike as investors looked optimistically toward a possible de-escalation of Russia’s war in Ukraine. Contracts on Wall Street’s key hovered near the flatline in post-market trading after the S&P 500 notched its best day since June… Source link

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Stock futures dip after Dow hits correction, Nasdaq enters bear market

U.S. equity futures ticked lower in post-market trading Monday after a sell-off in the earlier session that saw the Dow Jones Industrial Average fall into correction territory and the Nasdaq enter a bear market. Investors continued to jettison stocks and stockpile safe-haven assets as concerns over the economic consequences of Russia’s war in Ukraine intensified. Futures tied to Wall Street’s main benchmarks dipped slightly heading into overnight trading. Contracts on the Dow, S&P 500 and… Source link

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