Stocks fell and the dollar held firm on Thursday as data showed U.S. inflation persistently high, and investors worried about the economic toll of aggressive interest rate hikes to tame it.
Once again, market indices melted into the close Wednesday. Currently, we’re gearing up for a seventh-straight week in the red for the Dow, sixth straight for the Nasdaq and S&P 500. Right now, the tech-heavy Nasdaq is -30% from its all-time highs set in November of l
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
It’s been a very rough and frustrating stretch in the market year-to-date, and investors are seemingly becoming worn out from all of the sell-offs we’ve witnessed. Buyers have completely gone into hiding, and bears have had the upper hand all year long, delivering blows l
U.S. stocks ended sharply lower on Wednesday, with the Nasdaq dropping more than 3% and the Dow falling for a fifth straight day after U.S. inflation data did little to ease investor worries over the outlook for interest rates and the economy.
What happened
So much for being immune to the tech stock sell-off. The stock of Apple (NASDAQ: AAPL), which earlier this year largely held its value while peer techies fell in price, couldn't escape the trend on Wednesday. The company's shares lost more than 5% on some scraps of
The NASDAQ 100 After Hours Indicator is up 33.51 to 12,001.07. The total After hours volume is currently 112,215,916 shares traded.The following are the most active stocks for the after hours session: Invesco QQQ Trust, Series 1 (QQQ) is +0.86 at $292.70, with 5,256,709 shares t
Wall Street's main indexes ended lower on Wednesday, led by a sharp drop in the Nasdaq after U.S. inflation data did little to ease investor worries over interest rates.
Alphabet Inc's Google on Wednesday laid out plans to bridge the real world and its digital universe of search, Maps and other services using new advances in artificial intelligence.
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Tesla Inc (Symbol: TSLA), where a total volume of 684,531 contracts has been traded thus far today, a contract volume which is representative of approximately 68
The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes.
Shares of Cirrus Logic (NASDAQ: CRUS) have been zigzagging lately -- down 18% year to date, but they also rose 4.5% following the release of the company's latest results on May 3. For its fiscal 2022 fourth quarter (ended March 26), its numbers turned out to be way better than e
The S&P 500 and the Dow rose in choppy trading on Wednesday as banks and energy shares gained, while the tech-heavy Nasdaq came under pressure after inflation data cemented expectations of aggressive interest rate hikes.
Meta Platforms (NASDAQ: FB) is having a forgettable year in 2022. The company formerly known as Facebook has seen roughly 50% of its market value wiped away. A number of headwinds -- including privacy policy changes at Apple, supply-chain shortages, competition, and the Russian i
U.S. stocks were set to open sharply lower on Wednesday as consumer prices rose more than expected in April, fuelling concerns about aggressive monetary policy tightening.
Wall Street saw mixed trading on Tuesday, led by a late-session rally of mega-cap tech stocks. Although there have been apprehensions about further interest rate hikes by the Fed, President Biden’s announcement that the government would be looking to eliminate Trump-era t
The NASDAQ 100 Pre-Market Indicator is down -124.49 to 12,221.37. The total Pre-Market volume is currently 34,118,160 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +1.3088 at $32.88, with 4,170,074 shares trad
U.S. stock index futures rose on Wednesday ahead of monthly inflation data, which is likely to offer investors clues on how aggressively the Federal Reserve could raise interest rates.
AMC Entertainment (NYSE: AMC) trounced Wall Street expectations in the first quarter, posting higher revenue and a narrower loss than forecast as a combination of high-profile films drew moviegoers back to the cinema. Chairman and CEO Adam Aron said it was the theater operator's