Bloodbath on Wall Street as Dow, Nasdaq futures plunge amid recession fears
Wall Street’s main stock indexes fell sharply on Monday as concerns that the United States could fall into recession spread to global markets following weak economic data last week. The blue-chip Dow Jones Industrial Average plunged more than 1,100 points after the open, while the tech-heavy Nasdaq Composite Index fell nearly 5 percent after entering […]
stocks selloff, dow, S&P, Nasdaq, jobs report
Economist Peter Morici criticized the Biden administration’s economic policies, discussing tax cuts on Social Security benefits that former President Trump promoted during his election campaign. U.S. stocks are on their worst run since 2022 as a series of weak economic reports has fueled investor concern that a recession is on the way. All three major […]
S&P 500, Nasdaq eke out small gain Monday as investors gear up for big tech earnings this week: Live updates – CNBC
1 hour ago S&P 500 and Nasdaq end Monday with modest gains The S&P 500 and Nasdaq Composite Indexes were up slightly on Monday as investors focused on earnings forecasts from major technology companies due to be released in the coming days. The S&P 500 rose 0.08% to finish at 5,463.54, the Nasdaq Composite rose […]
Nasdaq futures fall after Alphabet, Tesla report earnings: Live updates – CNBC
35 minutes ago Tesla misses profit target for fourth consecutive year Tesla reported weaker-than-expected profits on Tuesday, making it the first electric-car maker to post four consecutive earnings misses. Second-quarter profits fell 17% below consensus, the biggest profit fall since January 2021. Tesla’s gross margin fell to 14.6% in the latest quarter, halving from 30% […]
'Another Nasdaq crash?': SocGen warns of potential US tech sector bubble burst – Investing.com
Strategists at Societe Generale (OTC:) are warning growth-oriented investors that a bubble in the U.S. technology sector could be about to burst. The bank highlighted the large market capitalization of U.S. technology companies, noting that small caps have recently surged in contrast to declines for big tech companies, including the “Magnificent Seven.” “With the US […]
Dow Jones Today: Tech Selloff Sends Nasdaq, S&P 500 Lower as Investors Rotate Into Small Caps – Investopedia
S&P majors on Thursday 1 hour 36 minutes ago Rejectors Tesla Tesla (TSLA) shares had the biggest fall among S&P 500 stocks, plummeting 8.4% after reports the company would delay its robotaxi launch. The company had previously suggested it would hold an event on August 8 to unveil its autonomous vehicle solution, but Bloomberg reported […]
S&P 500 and Nasdaq notch record highs as Nvidia gains – Yahoo Finance
(Reuters) – The S&P 500 and Nasdaq closed at record highs on Tuesday, helped by gains in Nvidia shares, after Federal Reserve Chairman Jerome Powell told lawmakers that further “favorable” economic data would strengthen the case for cutting interest rates. AI chipmaker Nvidia rose 2.5%, offsetting declines in other chip stocks. Microsoft fell 1.4%, while […]
Dow Jones Today: Big Tech Boosts Nasdaq to Record; Yields Slip After Jobs Report – Investopedia
Retail investors hold back on purchases ahead of earnings season 1 hour 4 minutes ago Individual investors are not increasing their investments ahead of the upcoming earnings season as they have in past quarters. “While investors typically become active ahead of earnings releases to try their luck with their favorite stocks, there are no signs […]
Nasdaq, Elon Musk, Apple | Fox Business
Market Rebellion co-founder Pete Najarian explains the market outlook and the impact of the tech sector, and discusses the Federal Reserve’s handling of interest rates. Riding the new AI boom, technology companies have taken the lead on Wall Street. Apple is finally getting serious about its AI plans, pleasing some and frustrating others. With inflation […]
Noteworthy Tuesday Option Activity: DOCN, GME, NSC – Nasdaq
Looking at options activity on the Russell 3000 Index, Digital Ocean Holdings (symbol: DOCN) is noteworthy. A total of 7,482 contracts have traded so far today, representing approximately 748,200 shares of the underlying stock (assuming 100 shares per contract). This represents 61.8% of DOCN’s average daily trading volume of 1.2 million shares over the past […]