The Nasdaq and S&P 500 indexes were set to open lower on Tuesday as investors sold off high-flying growth stocks on valuation concerns ahead of Federal Reserve Chairman Jerome Powell's testimony in Congress.
The hottest person in the usually quiet world of exchange-traded funds is Cathie Wood. Her ARK Invest actively managed ETFs have been a pioneering force in the industry, and the fact that they all doubled in price in 2020 was a huge selling point.Wood is constantly buying and se
There are plenty of great exchange-traded funds (ETFs) out there that could help you grow a sizable nest egg for retirement. The Vanguard High Dividend Yield ETF (NYSEMKT: VYM), for example, has a history of providing solid long-term growth plus dividend income, and was recently
The NASDAQ 100 Pre-Market Indicator is down -230.22 to 12,993.52. The total Pre-Market volume is currently 62,342,614 shares traded.The following are the most active stocks for the pre-market session: Churchill Capital Corp IV (CCIV) is -18.62 at $38.75, with 10,608,227 shares t
Futures tracking the Nasdaq index pointed to a more than 1% drop at the open on Tuesday as investors sold off high-flying technology stocks on valuation concerns ahead of Federal Reserve Chairman Jerome Powell's testimony in Congress.
Shares in Tesla were set to plunge into the red for the year on Tuesday, hit by a broad selloff of high-flying technology stocks and the fall of bitcoin, in which the electric carmaker recently invested $1.5 billion. [nL4N2KE3BF]
World shares struggled on Tuesday as a rally in commodity-related assets gave in to pressure on heavily weighed tech stocks and investors awaited reassurance from U.S. Federal Reserve Chair Jerome Powell on the path for monetary policy in United States.
Almost a year from the start of the pandemic, the stock market (as measured by the S&P 500) is up 18%. At all-time highs with the pandemic still going on, a crash must be imminent, right? Probably not. We're due for a bout of volatility, but the market's behavior in the last
Shares in Tesla were set to plunge into the red for the year on Tuesday, hit by a broad selloff of high-flying technology stocks and the fall of bitcoin, in which the electric carmaker recently invested $1.5 billion.
Optimism about the economic outlook pushed commodity prices to new highs on Tuesday, helping stocks steady as expectations of a dovish testimony by Federal Reserve Chairman Jerome Powell calmed down bond yields.
South Korean automaker Hyundai Motor Co launched its Ioniq 5 midsize crossover on Tuesday, the first in a planned family of electric vehicles (EV) that it hopes will propel it into the third rank of global EV makers by 2025.
Asian shares rebounded from two-week lows on Tuesday as rising commodity prices boosted market expectations of an improved growth outlook, a day after rising U.S. Treasury yields and inflation prospects hit U.S. tech shares.
Bitcoin dropped below $50,000 on Tuesday, as investors began to get a little nervous about the digital currency's lofty valuation and some leveraged players took profit.
Asian stocks rebounded from two-week lows struck on Tuesday as rising commodity prices boosted market expectations of an improved growth outlook, a day after rising U.S. Treasury yields and inflation prospects hit U.S. tech shares.
Asian stocks dipped on Tuesday as rising U.S. Treasury yields and inflation prospects led to a further rotation out of the big tech stocks responsible for a major Wall Street rally during the pandemic.
Luxury electric-vehicle (EV) maker Lucid Motors is finally going public. After a month of speculation that special purpose acquisition company (SPAC) Churchill Capital IV (NYSE: CCIV) would merge with the promising EV company, it has come to pass. The transaction values the combi
Lucid Motors on Monday agreed to go public by merging with Churchill Capital IV Corp, a blank-check firm backed by Wall Street dealmaker and former Citigroup banker Michael Klein, in a deal that valued the combined company at $11.75 billion.
The stock market was largely down on Monday, although not all of the major market benchmarks reflected those declines. The Dow Jones Industrial Average (DJINDICES: ^DJI) actually gained ground on the day, while the Nasdaq Composite (NASDAQINDEX: ^IXIC) plunged. Losses in the S&am
The S&P 500 and Nasdaq closed lower on Monday as climbing Treasury yields and prospects of rising inflation triggered valuation concerns, hitting shares of high-flying growth companies.