Tag Archives: NASDAQ

The Nasdaq and New York Stock Exchange have halted trading in US-listed Russian stocks, following the invasion of Ukraine and the West leveling harsh sanctions against Russia. Among them were a number of tech companies, including search engine and cloud company Yandex, as well as telco Mobile TeleSystems (MTS), and e-commerce platform Ozon Holdings. Russia has also ordered its own stock market to remain closed as its economy and currency plunged in value. … Source link

Russian search engine Yandex is taking a beating from western companies as the country’s president, Vladimir Putin, continues to use its military in an attempt to overthrow the Ukrainian government.  The New York Stock Exchange halted trading of Yandex stock Monday on the Nasdaq, but not before shares fell 21% to $14.90 … Source link

(Bloomberg) — Futures tracking the Nasdaq 100 Index signaled the U.S. equity gauge is poised to fall into a bear market on Thursday for the first time since the depths of the pandemic selloff as investors exit risk assets on geopolitical risks. Most Read from Bloomberg March futures for the technology-heavy index slid as much as 3.3%, as Russian forces attacked targets across Ukraine after President Vladimir Putin ordered an operation to demilitarize the country, prompting a threat of further… Source link

Tech stocks on the Nasdaq are rising, led by big gains from shares of Google parent Alphabet Inc. (GOOG) after the company posted strong earnings and announced a 20-for-1 stock split. The Dow Jones wavered and S&P 500 gained.  The indexes rose yesterday in another choppy day of trading, as markets reacted to earnings. So far, more than 36% of the S&P 500 companies have reported results, with more than 78% topping analyst expectations. Among the companies reporting earnings today… Source link

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Netflix plunges, weighs on Disney, media stocks * S&P 500, Nasdaq have biggest weekly drops since March 2020 * Focus turning to Fed meeting for clarity on policy * Indexes down: Dow 1.3%, S&P 1.89%, Nasdaq 2.72% (Updates with further market data) By Lewis Krauskopf, Shreyashi Sanyal and Bansari Mayur Kamdar Jan 21 (Reuters) – Wall Street’s main indexes ended sharply lower on Friday as… Source link

The Nasdaq Composite (^IXIC) finally slipped into correction territory Wednesday for the first time since March 2021 — prompting bearish headlines and warnings from pundits. But a Yahoo Finance analysis of nearly 50 years of Nasdaq data reveals this may be a short-term buying opportunity. A market correction is traditionally identified as a drop of 10% or more from a recent high, measured from the closing high to the closing low. The threshold is admittedly arbitrary, but nevertheless it… Source link

Underneath the surface, the tech stock heavy Nasdaq Composite is being shredded as traders fret about higher interest rates from the Federal Reserve this year.  Nearly 40% of the stocks on the exchange have been cut in half, according to new research from Sundial Capital Research’s Jason Goepfert. The research firm notes this kind of trading action on the Nasdaq (^IXIC) hasn’t been seen since at least 1999. “Bulls will suggest that most of the damage has been done, and the indexes should be… Source link

Exro Technologies has submitted an initial application to list on the Nasdaq. Pursuing a Nasdaq listing supports Exro’s expansion plans to gain global presence and is expected to increase Exro’s visibility in the marketplace, diversify its shareholder base, and strengthen long-term shareholder value. Exro’s common shares will continue to trade on the OTCQB until Nasdaq approval and up-listing. CALGARY, AB, Nov. 8, 2021 /PRNewswire/ – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) (the… Source link

Portillo’s Inc. restaurant chain begins trading Thursday on Nasdaq (ticker: PTLO) Portillo’s is a Chicago institution known for hot dogs, Italian beef sandwiches and more Generates staggering avg. store volume of $8.7 million, easily topping Chipotle, Shake Shack Plans to expand to at least 600 stores from current count of 67 at 10% annual rate All locations are profitable and Portillo’s has never had to close a restaurant Demonstrated Ebitda growth in 2020 in the depths of Covid thanks to… Source link

Stock futures sank Tuesday morning, with technology stocks leading the way lower as investors nervously eyed a swift rise in U.S. Treasury yields.  Futures on the Nasdaq, a proxy for technology and growth stocks, underperformed against the other two major stock indexes, dropping 1.5% ahead of the opening bell.  The rapid rotation away from growth and technology stocks came as Treasury yields added to recent gains. The yield on the benchmark 10-year note jumped more than 5 basis points to top… Source link