Wall Street snaps 3-day losing streak as technology stocks rise
Wall Street’s main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.
Asian tech shares track Nasdaq gains as inflation fears recede
Asian tech and growth stocks rallied on Friday, following Wall Street’s overnight lead, as investors tempered fears about hot inflation and the prospects of an early tapering of stimulus by the Federal Reserve.
Global stocks press pause, gold hits 3-mth high on inflation concerns
Global shares hit the pause button and gold briefly crested a three-month high as surging COVID-19 cases in some Asian countries and inflation pressures tempered demand for riskier assets. Markets have been skittish in recent weeks as bumper supplies of central bank stimulus and rising prices in the United States and other countries fuel concerns […]
The battle for the future of the US economy is being led by technology stocks!
The Nasdaq 100 Index outperformed, and the Stoxx 600 Index gained more than 1%, with technology stocks leading the way after a decline. Stockholders appeared to shake off inflation concerns that had frightened markets as new signs of skyrocketing inflation emerged. A commodity index hit a two-year high as copper prices surpassed $10,000 per tonne […]
A surge in the Facebook, Apple, Amazon, Netflix, and Google Stocks Helps NASDAQ gain a 4% rise last week
Stocks of the technology industry have perceived 4% growth in the NASDAQ (the National Association of Securities Dealers Automated Quotations) 100 index. The NASDAQ stock market started its operations as the world’s first electronic stock market in the year 1971.
Coinbase listing marks latest step in crypto’s march to the mainstream
LONDON (Reuters) – Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.
S&P 500 ends at record high as Wall Street rises
(Reuters) – Wall Street climbed on Monday, with the S&P 500 closing at a record high, as investors awaited cues from the Federal Reserve this week amid caution over rising borrowing costs spurred by massive fiscal stimulus.
US STOCKS-Dow notches fifth straight record high
* Ulta Beauty slumps as revenue forecast disappoints * Benchmark 10-year bond yield hits one-year high * The Nasdaq and S&P 500 post best week in five (Adds 4 p.m. close) NEW YORK, March 12 (Reuters) – The blue-chip Dow powered to its fifth consecutive record high on Friday as investors bought shares that should […]
