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The Nasdaq closed lower on Friday with pressure from Apple Inc in a subdued holiday-shortened trading session for Wall Street, as investors watched Black Friday sales and COVID-19 cases in China.
Things were quiet in the stock market on Black Friday, as many investors took the day off as part of their Thanksgiving holiday. The Nasdaq Composite (NASDAQINDEX: ^IXIC) was down about half a percent about halfway through the holiday-shortened trading session, underperforming ot
What happened
Over the Thanksgiving break, while markets were closed for trading, Politico reported that the Federal Trade Commission (FTC) "is likely to file an antitrust lawsuit to block Microsoft's $69 billion takeover of video game giant Activision Blizzard." On Friday mornin
The benchmark S&P 500 edged higher on Friday, with focus on retailers as Black Friday sales kicked off against the backdrop of stubbornly high inflation and cooling economic growth.
Wall Street ended higher for the second-straight session on Wednesday as the minutes from the Fed’s policy meeting showed that the policymakers are expecting to hand out smaller rate hikes in the coming months as inflation shows signs of cooling off. All three major index
Microsoft (MSFT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Amazon (NASDAQ: AMZN) shares reached an all-time high of $186.57 on July 8, 2021, amid the COVID-19 pandemic when home-bound consumers flocked to the e-commerce giant for necessities.The company's stock has since fallen 50%, suffering from a stock market sell-off in 2022. Amazon
Wall Street's main indexes were set for a subdued open on Friday, with investors closely monitoring the major retailers as Black Friday sales began against the backdrop of stubbornly high inflation and worries about a potential recession next year.
U.S. stock index futures were largely subdued on Friday, with investors closely monitoring the major retailers as Black Friday sales began against the backdrop of stubbornly high inflation and worries about a potential recession next year.
Launched on 05/04/2005, the Invesco S&P 500 Top 50 ETF (XLG) is a passively managed exchange traded fund designed to provide a broad exposure to the Large Cap Blend segment of the US equity market.
If you're interested in broad exposure to the Large Cap Growth segment of the US equity market, look no further than the iShares Russell Top 200 Growth ETF (IWY), a passively managed exchange traded fund launched on 09/22/2009.
The iShares Core S&P 500 ETF (IVV) was launched on 05/15/2000, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.
Designed to provide broad exposure to the Technology - Broad segment of the equity market, the iShares Expanded Tech Sector ETF (IGM) is a passively managed exchange traded fund launched on 03/13/2001.
Inflation hovered near a 40-year high for the past year, causing the Federal Reserve to raise interest rates at their fastest pace in four decades. Many economists worry these actions will inadvertently tip the economy into a recession, and that fear led to a sweeping downturn in
Amazon’s AMZN cloud-computing arm Amazon Web Services (AWS) launched a new cloud region in India to expand its cloud footprint in the Asia Pacific (APAC).The new region marks the second Indian hub for AWS, located in Hyderabad.The AWS Asia Pacific (Hyderabad) region compr
Microsoft is likely to face an EU antitrust investigation as regulators intensify their scrutiny into its practices in a case triggered by Salesforce.com's workspace messaging app Slack, people familiar with the matter said on Thursday.
EU antitrust regulators are seeking more information on Microsoft's practices from rivals and other companies in a case triggered by Salesforce.com's workspace messaging app Slack, people familiar with the matter said on Thursday.