The Economic Times
English EditionEnglish Editionहिन्दीગુજરાતી
| 03 August, 2020, 08:43 PM IST | E-Paper

    Nasdaq surges on megacap earnings but U.S. fiscal uncertainty nags

    Apple Inc shares surged 10.5% to close at a record $425.04 in the wake of blowout quarterly results and a four-for-one stock split announcement.

    Nasdaq momentum is hottest in 20 years with Amazon leading surge

    The Nasdaq 100 rose almost 3% Monday, its best day versus the S&P 500 since mid-April.

    China's Luckin Coffee to delist from Nasdaq

    Liu has been accused of faking 2.2 billion yuan ($310 million) worth of sales in 2019.

    Nasdaq ends at record high as Wall Street rises with tech shares

    Apple Inc and Microsoft Corp provided the biggest boosts to the Dow and S&P 500, with the S&P 500 technology index up 1.6% and leading sector gains.

    Wall Street closes higher, Nasdaq sets record as potential vaccines show promise

    The Dow Jones Industrial Average rose 8.92 points, or 0.03%, to 26,680.87, the S&P 500 gained 27.11 points, or 0.84%, to 3,251.84 and the Nasdaq Composite added 263.90 points, or 2.51%, to 10,767.09.

    Blistering Nasdaq momentum is approaching dot-com escape speed

    As the second half of the year begins, tech’s stellar returns are getting hard to ignore.

    Wall Street rises as investors watch stimulus, pandemic and earnings

    Apple Inc, Inc, Facebook Inc and Alphabet Inc, all due to report earnings this week, were among the top boosters of the S&P 500. The technology-heavy Nasdaq posted a 1.7% gain, outperforming the S&P and the Dow.

    Nasdaq tops profit views amid clamor for tech stocks

    Nasdaq's net income for the quarter rose to $241 million, or $1.45 per share, from $174 million, or $1.04 per share, a year earlier.

    S&P, Nasdaq close higher on vaccine hopes, improving data

    Investors were also encouraged by some upbeat economic data as coronavirus-induced lockdowns have eased.

    Dow, S&P 500 fall on fears over virus resurgence but Nasdaq ends at record high

    Walgreens Boots Alliance Inc shares dropped after it reported a quarterly loss compared with a profit a year earlier, hurt by non-cash impairment charges of $2 billion as COVID-19 disrupted business at its Boots UK division. Its stock closed 7.8% lower.

    Where did all the bulls go? Rallies stall as EU summit begins

    While retail sales for June released on Thursday beat market expectations, real-time measures of retail foot traffic and employee working hours and shifts have flatlined after steady growth since April.

    Zoom is an American company, listed on NASDAQ & our CEO is an American citizen: Arpana Bawa

    Arpana Bawa, COO, and Velchamy Sankarlingam, President, Zoom are in converation with ETNOW on investments in India and the competitive landscape. Zoom is an American company, listed on NASDAQ & our CEO is an American citizen: Arpana Bawa

    Only Nasdaq at a record is bad sign for US stocks: BTIG

    ​The Nasdaq-100 reached a record on Tuesday, but S&P 500, Dow have failed to hit their own new marks.

    S&P 500 and Nasdaq end lower after sharp drop in tech titans

    Stocks that outperformed in recent months, including Amazon , Microsoft, Nvidia and Facebook , ended down more than 2% after gaining earlier in the day.

    Earnings, Microsoft boost Dow Jones as investors await stimulus

    The Dow Jones Industrial Average rose 114.00 points, or 0.43%, at the open to 26,542.32.

    Dow Jones gains on signs of economic recovery, Nasdaq hits record high

    The Dow Jones Industrial Average was up 171.55 points, or 0.66%, at 26,196.51.

    How much has Trump helped stocks rally? Voters are split: Poll

    A higher percentage thought the opposite, with 41 per cent saying the market performed worse due to Trump's policies.

    S&P dips on worries about earnings, data, stimulus and election

    Investors also worried about the expiration of enhanced employment benefits on Friday as U.S. Congress was no closer to a deal on Thursday to extend or replace the extra $600-per-week in payments to tens of millions thrown out of work by the coronavirus.

    Nasdaq ends at record, confirms bull market on economic recovery hopes

    Rising technology and communication stocks have driven gains in the Nasdaq

    China shares end lower on profit-taking; tech, resources lead slide

    The blue-chip CSI300 index ended down 0.5 per cent to 4,656.15 and the Shanghai Composite Index 0.2 per cent to 3,286.82.

    Wall Street closes higher after Fed vows more support for the virus-battered economy

    At the end of its two-day policy meeting the Fed said it will keep its interest rate target range until it is confident the economy has weathered the coronavirus pandemic and is on track for maximum employment and price stability goals.

    Ahead of Market: 12 things that will decide stock action on Wednesday

    Here’s a look at what some of the key indicators are suggesting for Wednesday's action.

    Wall St falls as pandemic hurts consumer confidence and earnings

    Of the 130 S&P 500 companies that have reported, about 80% of them surpassed significantly lowered forecasts for profit

    Tech weakness weighs on S&P 500, Nasdaq

    The Dow Jones Industrial Average was up 167.18 points, or 0.67 per cent, at 25,162.29.

    Dow Jones retreats ahead of Fed outlook; Nasdaq hits new high

    The Dow Jones Industrial Average was down 194.34 points, or 0.71 per cent, at 27,077.96.

    Tech titans drag Dow Jones lower as virus cases mount

    High-flying companies Apple Inc and Microsoft Corp , which were pivotal in driving the stock market's recovery in recent months, fell 0.5% and 0.3% respectively.

    Dow Jones retreats after rally; Nasdaq gains further

    The Dow Jones Industrial Average was down 161.01 points, or 0.58 per cent, at 27,411.43.

    Sensex or Nasdaq? Or Dow? Should you bet first on Indian or international funds?

    "With markets around the world in so much turmoil, it looks like a good opportunity to get into foreign markets."Investing in foreign markets, especially the USA, has become extremely popular lately.

    Wall Street closes sharply lower on tech selloff

    The bellwether S&P 500 slid more than 1%, snapping a four-day winning streak with its biggest daily percentage drop since June 26. All three major U.S. stock averages lost ground, with falling momentum stocks Apple, Microsoft Corp and weighing heaviest.

    Wall Street ends choppy session higher on mixed earnings, U.S. stimulus debate

    The major stock indexes oscillated for much of the day but ended in the black. The Nasdaq had the smallest gain, capped by a 1.2% drop in Inc shares.

    Xi Jinping’s radical stock reforms shield China firms from US

    The goal was mild in scale compared with other major stock markets, but radical by China’s standards: Minimize red tape and relax tight controls on what kind of companies could list, and how much their shares could move.

    S&P 500 closes slightly higher as stimulus hopes lift cyclical stocks

    Financial, industrial and energy stocks gave the biggest boosts to the bellwether S&P 500 and blue-chip Dow as investors pivoted back to cyclicals. The march upward lost steam late in the session, and a drop in tech shares pulled the Nasdaq lower.

    S&P 500, Nasdaq slide after rallying on recovery optimism

    The Dow Jones Industrial Average was up 14.28 points, or 0.05 per cent, at 26,284.17.

    Asian shares defensive; eyes on EU summit, U.S. stimulus talks

    Investor focus is squarely on a European Union Summit where leaders are haggling over a plan to revive economies throttled by the COVID-19 pandemic.

    S&P 500 ends higher as traders weigh stimulus and virus worries

    The S&P 500 utilities, real estate and healthcare indexes were the session's strongest gainers.

    Wall Street ends lower on COVID-19 worries, tech weighs

    The S&P 500 is about 5% below its February record high.

    Global investing: Sounds lucrative, but it can be costly to venture out blindly

    Global investing is extremely complicated, difficult. In fact, it can be downright dangerous because of a million factors affecting companies and markets at lightning fast speed.

    Sensex surges over 750 points: 5 factors behind stock market rally

    Broader market indices also traded with gains but played catch up with their headline peers. Meanwhile, India VIX took a breather and slid about 3 per cent, indicating relatively lower volatility going ahead.

    Wall St jumps with financials; Gilead data offsets virus fears

    The Nasdaq posted its sixth record closing high in seven days, but the index underperformed both the Dow and S&P 500, in a reversal of the recent trend.

    Asian stocks fall on virus worry, China stock rally pauses

    Shares in China fell 0.72%, the first decline in more than a week, as investors booked profits on a surge in equities to a five-year high.

    Australia shares end higher on stimulus hopes, NZ falls as power firms hit

    The S&P/ASX 200 index was 0.6% higher at 5,955.5 points at the end of trade

    Japanese shares rebound but spike in COVID-19 cases caps gains

    Sony Corp added 3.27%, while Yaskawa Electric Corp rose 1.98%.

    Asian stocks follow Wall Street higher after tech gains

    Benchmarks in Shanghai, Tokyo, Hong Kong and Australia rose.

    Wall St drops after strong rally as COVID-19 cases mount

    Large parts of the United States reported tens of thousands of new coronavirus infections. New York expanded its travel quarantine for visitors from three more states, while Florida's greater Miami area rolled back its reopening.

    US stocks turn positive as Fed pledges support

    Gains were led by the technology sector, and the Nasdaq was up more than 1%.

    Dow Jones climbs as investors hold out for recovery; Nasdaq at 3-month high

    The Dow Jones Industrial Average was up 381.54 points, or 1.58 per cent, at 24,588.40.

    Wall Street ends lower as coronavirus surge prompts renewed restrictions

    The benchmark index ended below its 200-day moving average, an indicator of long-term momentum.

    Dow Jones falls as Fed action hits bank stocks, virus cases surge

    The Dow Jones Industrial Average was down 532.55 points, or 2.07 per cent, at 25,213.05.

    US stocks end up, recovering some of rout's losses

    After a choppy session, the Dow Jones Industrial Average stood at 25,745.60, up 1.2 percent or around 300 points after losing 700 points Wednesday. The broad-based S&P 500 gained 1.1 percent to 3,083.76, while the tech-rich Nasdaq Composite Index rose 1.1 percent to 10,017.00.

    S&P 500, Nasdaq retreat as pandemic damage mounts

    The Dow Jones Industrial Average was up 56.66 points, or 0.23 per cent, at 24,190.44.

    Stocks sell-off as coronavirus surge knocks recovery hopes

    Markets in Hong Kong and mainland China are closed for public holidays on Thursday.

    Dow, S&P 500 slide as focus shifts to earnings; Nasdaq gains

    The S&P banking subsector fell 4.1%, with JPMorgan Chase & Co and Wells Fargo & Co set to report on Tuesday and analysts expecting a bleak outlook for the year.

    US stocks in ‘greed’ zone, India’s in the middle of fear & greed: Chris Wood

    Concerns over consumer lending increased further when the country announced the lockdown.

    Warner Music seeks $13 billion valuation in Nasdaq debut

    The world's third-largest music recording label had in March delayed it plans to kick off the debut, set to be one of the year's bigger IPOs.

    NYSE and Nasdaq challenger MEMX delays launch due to coronavirus crisis

    MEMX now expects to launch at some point in the third quarter, rather than on July 24.

    Sensex, Nifty trade on a muted note; broader markets outperform

    ONGC was the biggest loser in the pack, down 2.37 per cent followed by ICICI Bank.

    Global markets retreat on rising second wave fears

    On Wall Street, the S&P 500 lost 0.36% on Wednesday but tech-heavy Nasdaq added 0.15% due to hopes of increased demand for various online services due to the epidemic.

    What P/E? The play is on ‘price to vision’

    When zero-revenue Nikola trumped marquee Ford and Fiat.

    Nasdaq to tighten listing rules, restricting Chinese IPOs: Sources

    This is the first time Nasdaq has put a minimum value on the size of IPOs.

    Wall Street gets PayPal lift as Nasdaq wipes out 2020 declines

    Energy, financials and materials, which have lagged this year, led the way among S&P 500 sectors, while consumer staples lagged the most.

    Dalal Street best place for ‘Big Short’? This seasoned investor is making a killing

    “We have shorted consumer names with very high P/Es,” the ace investor said.

    Asia stocks extend rally as economic recovery hopes boost confidence

    MSCI's broadest index of Asia-Pacific shares outside of Japan rose for a ninth straight session for its longest winning streak since early 2018. It was last up 0.76% at a three-month peak.

    View: NSE lies the head that bears the bourse

    ​​There have been attempts to set up other stock exchanges, most notably the MCX-SC, now the Metropolitan Stock Exchange.

    TikTok owner ByteDance considers listing China business in Hong Kong or Shanghai: Sources

    Of the two venues, the company prefers Hong Kong, according to two of the people. One of the two also said ByteDance is simultaneously studying the option to list its smaller, non-China business - which includes TikTok that is not available in China - in Europe or the United States.

    Wall Street rallies on promising coronavirus drug

    All are well within 20% of their record levels, with the tech-heavy Nasdaq now within 10% of its high.

    Ram Temple groundbreaking: Lord Ram's images to be displayed in Times Square on Aug 5

    Images of Lord Ram and 3D portraits of the grand Ram Temple in Ayodhya will be beamed across the giant billboards in the iconic Times Square here on August 5 to celebrate the temple's groundbreaking ceremony, with organisers describing the commemoration as a one-of-a-kind and historic event.Ram Temple groundbreaking: Lord Ram's images to be displayed in Times Square on Aug 5

    Lord Ram's images to be displayed in Times Square to celebrate Aug 5 Ram Temple groundbreaking

    Prominent community leader and President of the American India Public Affairs Committee Jagdish Sewhani on Wednesday said that arrangements are being made to celebrate the historic moment in New York on August 5, when Prime Minister Narendra Modi is scheduled to lay the foundation stone for construction of the Ram Temple in Ayodhya.

    Am I investing in the right mutual funds?

    If you have any mutual fund queries, message ET Mutual Funds on Facebook. We will get it answered by our panel of experts.

    Voda Idea jumps 35% on reports Google eyeing 5% stake in telco

    For a 5 per cent stake, Google will have to shell out $110 million.

    91% construction companies spend less than 5% of annual turnover on technologies: Report

    According to IDC, construction companies must work on creating a digital transformation technology roadmap. In India, 35% are planning to establish this roadmap within the next 12 months, highlighting how it is a priority for construction companies in the country. However, 24% still have no plans to do so.

    Wall Street rises with economic hopes; bank stocks jump

    U.S. stocks rose on Wednesday, with the S&P 500 closing above 3,000 for the first time since March 5, as the further easing of lockdowns lifted optimism for an economic recovery.

    Dow Jones falls as crude oil slump hammers energy stocks

    Dow Jones Industrial Average was down 211.69 points, or 0.87%, at 24,030.80.

    S&P 500, Nasdaq scale new highs on China stimulus hopes

    The Nasdaq Composite was up 90.90 points, or 0.93%, at 9,823.65.

    Fresh US stimulus would matter, not the EU package: Manish Singh

    'The recent rally that we have seen in tech stocks, in Nasdaq and the stocks just jumping way too ahead suggest we might be in for a short-term shakeup. '

    Global markets, oil rally on vaccine hopes, euro at two-week highs

    Experts predict a safe and effective vaccine could take 12 to 18 months to develop.

    US stocks rally on hopes for vaccine and economic recovery

    The stock market bounced back from its worst week in nearly two months Monday as optimism about a potential vaccine for the coronavirus and hopes for a U.S. economic recovery in the second half of the year put investors in a buying mood.

    US stocks end higher as beaten-down banking shares gain

    After two straight routs, Wall Street stocks finished higher Thursday as beaten-down banking shares rallied despite another spike in jobless claims.

    Sensex falls 200 points as stimulus measures fail to impress Street

    In the 30-share pack Sensex, ONGC was the biggest gainer, up nearly 2 per cent.

    Trump says US looking at Chinese companies on exchanges

    Trump followed up by saying that getting tough on Chinese companies on the exchanges could backfire.

    Wall Street heavyweights are sounding alarm about stocks

    The biggest names in finance are coming around to a view that stocks are vastly overvalued.

    US stocks tumble as Fed chief warns downturn may be long

    The Dow Jones Industrial Average sank 2.2 percent, or more than 500 points, to 23,247.97.

    Dow Jones falls as coronavirus ends record job growth

    Economists have cut their forecasts for US GDP, with Morgan Stanley now predicting a 38% contraction in the second quarter.

    Dow Jones ends 10% lower at 2,350 points in worst session since 1987

    The broad-based S&P 500 plunged 9.5 percent to 2,480.64, while the tech-rich Nasdaq Composite Index tumbled 9.4 percent to 7,201.80.

    Global markets fall on renewed coronavirus fears, Powell speech in focus

    Investors, many facing steep losses due to the pandemic-driven shakeout in assets over the past few months, have also had to contend with renewed U.S.-China trade tensions.

    Instead of criticizing valuations of Tesla & Apple, embrace them

    With an economy in trouble, the path back to prosperity depends on tech companies rapidly scaling up, generating revenue and creating jobs. Finer-tuned pricing of intangible assets could speed up the recovery process, allowing growing tech companies to raise money for new product lines, rather than just to scale up old ones.

    Global markets stumble on fears of second coronavirus wave, oil up

    MSCI's broadest index of Asia Pacific shares outside of Japan stumbled more than 1%, snapping two straight sessions of gains.

    S&P 500 heads for worst first quarter since 1938

    Wall Street's volatility index has retreated from 12-year highs but is still at levels rarely seen since the global financial crisis.

    Dow Jones gains as US extends shutdown to limit virus spread

    A record $2.2 trillion in aid and unprecedented policy easing from the Federal Reserve helped the S&P 500 post its biggest weekly percentage gain in over a decade last week, and the Dow Jones its best since 1938.

    Gold edges above $1,800/oz, propped up by virus woes

    Spot gold rose 0.2% to $1,805.83 per ounce by 10:42 am EDT (1442 GMT). U.S. gold futures fell 0.2% to $1,810.20.

    Investors seek more euro exposure, expect a choppy summer: BofA

    Among factors boosting European assets is Europe's relative success in gradually reopening its economy and the European Union's proposed 750 billion euro recovery fund to help countries deal with the fallout from the coronavirus crisis.

    Asia stocks relieved by China export surprise, US bonds face debt flood

    Beijing reported exports rose 3.5% in April on a year earlier, completely confounding expectations of a 15.1% fall and outweighing a 14.2% drop in imports.

    S&P 500, Dow drop as financial sector declines counter tech gains

    The tech-heavy Nasdaq ended higher, although indexes pulled back late in the session especially after U.S. President Donald Trump said China may or may not keep a trade deal between the two countries.

    Dow Jones rallies for second day as investors await $2 trillion aid package

    The S&P 500 remains down about 27% from its February record high, a loss of more than $7 trillion in stock market value.

    Cannot say markets have bottomed out: Nilesh Shah

    Cheaper valuation probably pulled some people to buy in April, says MD of Kotak AMC.Cannot say markets have bottomed out: Nilesh Shah

    Getting a sense of déjà vu, 10 stocks contributing to most gains: Nitin Raheja

    ‘Some stocks are trading at extreme premiums. This will remain a bottom-up market.’

    US stock futures, Chinese shares slip amid Sino-US tensions

    China, opening for the first time since Thursday, started on the backfoot with the blue-chip index down 0.6%. Australian shares skidded 0.8%.

    Wall Street rises as lockdowns ease, healthcare shares jump

    Stocks pulled back sharply late in the session after Federal Reserve Vice Chair Richard Clarida made downbeat comments about the depth of the economic contraction.

    Dow Jones jumps 1,100 pts on hopes of $2 trillion stimulus

    The Dow Jones Industrial Average rose 1,130.26 points, or 6.08%, at the open to 19,722.19.

    Wall Street snaps 2-day slump on lift from tech titans

    U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed concerns about the latest U.S.-China tensions and downbeat sentiment from the annual meeting of Warren Buffett's Berkshire Hathaway.

    Chinese EV maker Li Auto files for US listing

    The move comes as share prices of EV makers including Tesla Inc and Nio Inc have surged in recent months.

    1 2 3 4 5 6 7 8 9 10
    The Economic Times