Unemployment and inflation – key economic indicators. Getty Images The unemployment rate is a key indicator of the health of any economy. A high unemployment rate indicates that the economy is n...
Tag: NASDAQ
Stock Market Today: Dow Futures Slip as Jackson Hole Speech From Fed’s Powell Looms
Text size Fed Chairman Jerome Powell’s speech scheduled for Friday has hung over markets all week. Drew Angerer/Getty Images Stocks were heading for losses Friday as a major catalyst loomed, wit...
Crypto ATM operator Bitcoin Depot, marketplace WonderFi seek to go public on Nasdaq
US-based crypto ATM provider Bitcoin Depot has struck a special-purpose acquisition company (SPAC) deal of $855 million to aid its application for a Nasdaq listing by Q1 2023. Bitcoin Depot confirmed ...
Tesla Stock Lower On 3-For-1 Nasdaq Split Trading Debut
Updated at 11:50 am EST Tesla (TSLA) shares edged lower Thursday following the trading debut for clean-energy carmaker’s three-for-one stock split on the Nasdaq. Tesla shareholders of record o...
Zoom Shares Sink 15% After ‘Concerning’ Earnings Miss, Analysts Downgrade The Stock
Topline Shares of video conferencing service Zoom, one of 2020’s pandemic-era stock market darlings, have continued to struggle this year, plunging 15% on Tuesday after several Wall Street analysts do...
Here’s why meme-stock manias are bad news for the Nasdaq
CNBC’s Jim Cramer said he’s not shocked by the Nasdaq‘s plunge on Monday, explaining that last week’s Bed Bath & Beyond trading frenzy indicated weakness in the index could...
The Stock Market Calls The End Of The “Recession”
Stock Market AFP via Getty Images Here’s one important thing to remember: all recessions are backdated. If our economy is indeed in one, when the NBER formally declares it, we’ll likely be most of the...
S&P 500, Nasdaq: The Chart They Fear
Are we in the middle of a long bear market with further moves back into an even deeper crash? getty I wrote on Forbes that we had likely seen the bottom of this year’s crash. The bounce has been excel...
Nasdaq bull market? A history of head fakes says it’s too early to celebrate.
Before passing out cigars in celebration of the birth of a baby bull market for the Nasdaq Composite, investors might want to take a look back at history. Sure, the tech-heavy gauge ended Wednesday up...
Stocks rally like it’s ‘mission accomplished’ — but investors urge caution as Nasdaq enters bull market
Investors might want to keep their guard up as the stock market continues its rally. “The market has kind of gone back to sleep” in appearing to think, “all right, mission accomplished, inflation’s in...
The Nasdaq Just Entered a New Bull Market. Will It Last?
Text size The Nasdaq Composite is in a bull market, but still about 20% below its peak. Dreamstime After lagging behind the other major indexes for much of the first half of the year, the tech-heavy N...
‘Reset Of Investor Expectations’ —JPMorgan Issues Bold Stock Market Prediction After S&P500, Dow, And Nasdaq’s Worst First-Half In 50 Years
Bull market Getty Images This year, the stock market had its worst first-half in 50 years. The S&P 500—the key benchmark for US stocks— dropped 24%, and the tech-heavy Nasdaq shed 33% of its value...
Apple, MKS Instruments And National Instruments
On 8/5/22, Apple, MKS Instruments, and National Instruments will all trade ex-dividend for their respective upcoming dividends. Apple Inc will pay its quarterly dividend of $0.23 on 8/11/22, MKS Instr...
Bitcoin and Nasdaq the worst performing assets in 2022 yet some opportunity remains
The first month of the second half of 2022 has officially ended, and the volatility in the markets has not subsided yet. Meanwhile, the ISM manufacturing index is expected to be released today, Augus...
Is this a bear market rally? S&P 500, Nasdaq, Dow had best month of the year
During July inflation hit a new high, the Fed continued to aggressively raise interest rates, the economy contracted for the second quarter in a row – igniting more fears that a recession is around th...
Chinese Grocery Startup Missfresh Faces Cashflow Crisis As Suppliers Protest
A driver packs delivery orders into the back of an electric motorcycle outside a Missfresh warehouse in Beijing, on August 11. 2020. Gilles Sabrie/Bloomberg Missfresh, a Chinese grocery delivery start...
The Fed will cut rates next year, says BofA. Here’s what will happen to Treasurys.
All eyes will be on the Federal Reserve on Wednesday. The central bank is widely expected to continue the fast pace of monetary tightening with another 75 basis-point hike in borrowing costs. But even...
Dow Jones Falls; Nasdaq Slammed As Snap Craters; Twitter Reveals These Elon Musk Costs
The Dow Jones Industrial Average fell but the Nasdaq fared even worse as losses intensified, following a disastrous Snap (SNAP) earnings report. Twitter (TWTR) rallied out of the red after pointing th...
Will Coinbase Survive Amid The Crypto Chaos?
Getty Images Key takeaways Coinbase is suspending their affiliate program in a bid to cut costs, which has been labeled by some market commentators as a “big red flag” This is the latest in a series o...
Dow Jones, the S&P 500, and Nasdaq price forecast after higher-than-expected June inflation figures
Wall Street’s three main indexes weakened last week amid higher-than-expected June inflation figures and a disappointing initial round of the second quarter earnings reports. The June Consumer Price I...
Bitcoin Up, Stocks Down as BTC Correlation to Nasdaq Weakens
While the crypto and stock markets both remain bearish, Bitcoin’s correlation with stocks is close to its lowest point this year. The 40-day correlation between the largest cryptocurrency and the Nasd...
Bitcoin’s Correlation with Nasdaq Keeps Increasing; Here’s Why It’s Bad News
Alex Dovbnya Bitcoin’s ever-increasing correlation with tech stock has delegitimized the “digital gold” narrative According to a chart posted by CNBC’s Dominic Chu, BitcoinR...
Intel Named ‘Top Dividend Stock Of The Nasdaq 100’ At Dividend Channel With 3.8% Yield
Intel has been named as the ”Top Dividend Stock of the Nasdaq 100”, according to Dividend Channel, which published its most recent ”DividendRank” report. The report noted that ...
These 4 Stocks Are Bouncing Off The June Lows
Upward. getty These 4 stocks are bouncing so well off of their June lows that they’ve each managed to establish new 50-day highs. That is, they’re higher now than at anytime in the past 50 days of tra...
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’...