Category: Nasdaq
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What would increase the bearishness in the Nasdaq today and going forward?
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The Nasdaq Composite Index fell -408 points at one point in today’s trading. It is now down -334 points or -1.80%. This is its worst decline since April 30 when the index fell -2.04%. What did the pullback do technically? The Nasdaq index retreated from the 38.2% decline. The Nasdaq…
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NASDAQ closed at new record levels each day of this trading week
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All three major indexes closed higher today. The Nasdaq closed higher for the fourth straight day. Each of those days marked a new record close. The S&P also rose for the fourth straight day, with three of those closings marking new record highs. A screenshot of the final levels shows:…
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South Korea’s Naver-backed Webtoon shares jump about 14% in Nasdaq debut By Reuters
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Written by Arasu Kannagi Basil and Joyce Lee (Reuters) – Shares of online comics platform Webtoon Entertainment surged as much as 14.3% above their initial public offering price in their Nasdaq debut on Thursday. The stock opened at $21.30, giving the company a valuation of $2.71 billion, and traded as…
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Nasdaq jumps as Nvidia turns a corner
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US stocks were broadly flat on Tuesday, with artificial intelligence chipmaker Nvidia (NVDA) eyeing a cautious comeback from a three-day slide, as investors unloaded their portfolios at the end of the quarter. The Nasdaq Composite (^IXIC) rose nearly 0.7%, while the S&P 500 (^GSPC) rose 0.2%. The Dow Jones Industrial…
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Nasdaq and S&P positive and trading at session highs
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The S&P, NASDAQ and A are now trading in positive territory and at today’s highs: The Nasdaq leads the way with gains of 50 points, or 0.28%, at 17,770.44. The Standard & Poor’s index rose 2.23 points, or 0.04%, to 5,475.42 points. During the trading week, both indices tend to…
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S&P, Nasdaq end lower as Nvidia drags the tech sector for second day By Reuters
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Written by Echo Wang (Reuters) – The indexes and the Nasdaq closed slightly lower on Friday, dragged down by a decline in Nvidia (NASDAQ:) shares for the second day in a row, dragging the technology sector lower. Technology was the biggest loser among the 11 major sectors in the Standard…
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Stock indices shift. Dow higher. NASDAQ lower
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Money has shifted into the US stock market. Earlier, the Dow was low, the Nasdaq was high, and the S&P was in the middle. Currently, the Dow Jones Industrial Average is up, the S&P is almost unchanged and the Nasdaq has turned into negative territory. The Nasdaq closed higher for…
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The major US indices are trading lower to start Friday. S&P & NASDAQ are higher this week
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US stock markets are open and trading, with major indices lower led by the Dow Jones Industrial Average. During the trading week, the S&P and NASDAQ rose as they extended to all-time highs this week. The Dow Jones Industrial Average is not higher today nor during the trading week. A…
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The Nasdaq closes at a new record high for the 5th consecutive day
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The Nasdaq closed at a new record high on Monday at 17,192.53. It did the same thing on Tuesday, Wednesday, Thursday and again today to extend the streak of consecutive closing highs to five trading days. The S&P was in a similar move this week, but closed marginally lower today…
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US stocks mixed; S&P 500, Nasdaq gain after soft PPI release By Investing.com
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Investing.com — U.S. stock trading was largely higher, as further signs of slowing inflation raised expectations for a rate cut from the Federal Reserve. At 06:20 EST (10:20 GMT), it was down 150 points or 0.4%, while trading 10 points or 0.2% higher and up 100 points or 0.6%. Benign…
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Trump Media asks Nasdaq to cooperate with investigations into trading of its shares
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(Reuters) – The company that owns Donald Trump’s private social media platform Truth Social said on Tuesday that it has requested Nasdaq’s cooperation with any investigations into alleged market manipulation of its shares by so-called “naked” short sellers. Devin Nunes, CEO of Trump Media and Technology Group (TMTG), said in…
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Trump Media asks Nasdaq to cooperate with investigations into trading of its shares
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(Reuters) – The company that owns Donald Trump’s private social media platform Truth Social said on Tuesday that it has requested Nasdaq’s cooperation with any investigations into alleged market manipulation of its shares by so-called “naked” short sellers. Devin Nunes, CEO of Trump Media and Technology Group (TMTG), said in…
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Forexlive Americas FX news wrap 24 May; USD moves higher. Nasdaq &S&P gain for 5th week
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As the week comes to a close, the Canadian dollar ends the day as the strongest among the major currencies. The Swiss franc is the weakest. The US dollar was mostly lower with modest gains against the Japanese yen and Swiss franc. The Canadian dollar rose despite lower-than-expected retail sales…
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NASDAQ index rises by over 1%. Dow Industrial Average average flat
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All major US stock indices close higher during the day, but with different spreads. The Dow Jones Industrial Average closed almost unchanged at 39,069.58, up 0.01%. The S&P closed up 36.86 points, or 0.70%, at 5,304.71. It was reached just short of Tuesday’s record close at 5,321.42. The Nasdaq index…
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Seelos Therapeutics Announces Pricing of $1.1 Million Registered Direct Offering and Concurrent Private Placement Priced At-the-Market Under Nasdaq Rules
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New York, May 16, 2024 /PRNewswire/ — Selous Therapeutics (NASDAQ:), Inc. (Nasdaq: SEEL) (“Seelos” or the “Company”), a clinical-stage biopharmaceutical company focused on developing treatments for central nervous system (“CNS”) disorders and rare diseases, announced today that it has entered into a securities purchase agreement agreement with certain investors. Institutional…
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Dow, S&P 500, Nasdaq notch record close as cooling inflation boosts rate-cut hopes By Investing.com
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Investing.com – The Dow Jones, S&P 500 and Nasdaq closed at record levels on Wednesday, as consumer inflation fell more than expected after three months of bullish surprises, raising hopes for faster interest rates and sending Treasury yields sharply lower. At 16:00 EDT (20:00 GMT), it was up 349 points,…
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Nasdaq, S&P, Dow futures fall as investors brace for CPI data
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Mberdi/E+ via Getty Images Stock index futures fell on Wednesday, a day after the Nasdaq closed at a new record high, as investors awaited important CPI data due later in the day. Standard & Poor’s 500 futures contracts (SPX) -0.1%Nasdaq 100 futures (US100:IND) -0.2% and Dow futures contracts (Endo) -0.1%.…
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Coincheck’s Nasdaq Listing Gains Traction as SPAC Submits Proposal to SEC
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Coincheck and spatial acquisition Thunder Bridge Capital Partners IV are moving forward with their merger deal, which will enable the Japanese cryptocurrency exchange to list on the Nasdaq. This action represents an important step for both companies and has implications for investors seeking exposure to the booming cryptocurrency industry. Coincheck…