NASDAQ Composite (^IXIC)
| Previous close | 16,698.32 |
| Open | 16,708.50 |
| Volume |
| Day's range | 16,677.23 - 16,718.07 |
| 52-week range | 12,415.85 - 16,797.83 |
| Avg. volume | 5,290,070,645 |
- Yahoo Finance Video
Market rally 'has got legs,' could go 5-10% higher: Strategist
The Dow Jones Industrial (^DJI) briefly crossed 40,000 this week. Global Market Strategist at JPMorgan Asset Management Jack Manley joins The Morning Brief to discuss the significance of this milestone and why he believes the market only has room to grow. "As long as markets are comfortable with where rates are right now and rates are where they are because the economy is doing well, I think this rally has got legs, especially as we move into the back half of the year," Manley tells Yahoo Finance. Manley believes the market rally could go between 5 and 10% higher, but signals this forecast comes at the risk of underestimating what the US equity market is capable of. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Stock market, GameStop, Reddit-OpenAI partnership: 3 Things
Stocks (^DJI, ^IXIC, ^GSPC) are astir and eyeing big gains to end the week after the Dow Jones Industrial Average crossed above 40,000 on Thursday and the S&P 500 breached 5,300 on Wednesday. GameStop (GME) shares tank further ahead of Friday's market open as the renewed meme stock frenzy begins to fade and the retailer files to sell securities. Reddit (RDDT) stock jumps in pre-market trading after announcing a new content partnership for its platform with OpenAI. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
Stocks close lower, Dow and S&P 500 dip below record highs
On the heel of record highs, market averages (^DJI, ^IXIC, ^GSPC) are falling back below their historic benchmarks. The Dow Jones Industrial Average falls back below 40,000 after breaching it intraday while the S&P 500 dips under 5,300 to close out Thursday's session. Market Domination Overtime Host Julie Hyman reviews the day's market and sector performances. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
