^IXIC - NASDAQ Composite
| Previous close | 10,207.60 |
| Open | 10,360.40 |
| Volume | 4,202,977,021 |
| Day's range | 10,354.98 - 10,462.05 |
| 52-week range | 6,631.42 - 10,462.05 |
| Avg. volume | 4,266,788,870 |
- Yahoo Finance
Stock market news live updates: Stock futures edge lower, steadying after rally
Stock futures opened slightly lower Monday evening following another strong session of gains earlier in the day.
- Yahoo Finance
How Goldman Sachs just succinctly told people to start selling their overvalued stocks
It may be time to lighten the load on stocks. Here's what Goldman Sachs just signaled.
- Yahoo Finance
Get ready for the ugliest earnings season since the financial crisis: Morning Brief
Top news and what to watch in the markets on Monday, July 6, 2020.
- Bloomberg
Asia Stocks Trade Mixed; Dollar Extends Decline: Markets Wrap
(Bloomberg) -- Asian stocks traded mixed Tuesday after strong global gains Monday. The dollar remained under pressure.Shares dipped in Japan and South Korea, and saw modest gains in Australia. Chinese stocks continued to outperform and Hong Kong shares climbed. S&P 500 futures fluctuated after the benchmark closed higher for a fifth session, with tech gains pushing the Nasdaq Composite to a record high. The dollar traded at its weakest since June 10, while Treasuries were little changed. The offshore yuan strengthened through the 7 per dollar level for the first time since March.Investors began the week in an upbeat mood, shrugging off concerns about coronavirus infections sweeping across parts of the U.S. A surge in Chinese shares Monday helped push global stocks to their highest since early June, with investors putting their faith in an economic recovery powered by historic government stimulus and readying for the upcoming earnings season.China Stokes a Stock-Market Mania, Risking Repeat of 2015 Bubble“Investors have recognized that as bad as the economy in the U.S. is, it’s not as bad as what people thought it would look like in March and April,” said Nancy Prial, the co-chief executive officer at Essex Investment Management. “The market has started to sense we might see better than anticipated results fairly broadly across a wide spread of companies.”Elsewhere, oil fluctuated below $41 per barrel. Gold was little changed.Here are some key events coming up:The EIA crude oil inventory report comes Wednesday.All eyes will be on the U.S. weekly jobless claims report on Thursday.Singapore holds its general election on Friday.Rate decisions in Australia and Malaysia Tuesday.These are the main moves in markets:StocksS&P 500 futures were little changed as of 10:31 a.m. in Tokyo. The S&P 500 Index increased 1.6% Monday.Japan’s Topix Index fell 0.4%.Kospi Index fell 0.1%.S&P/ASX 200 climbed 0.2%.Hang Seng Index rose 1.4%.Shanghai Composite Index climbed 2.2%.CurrenciesThe Bloomberg Dollar Spot Index declined 0.1%.The euro rose 0.1% to $1.1325.The British pound was up 0.2% at $1.2513.The Japanese yen rose 0.1% to 107.30 per dollar.The offshore yuan rose 0.2% to 7.0028 per dollar.BondsThe yield on 10-year Treasuries was little changed at 0.68%.CommoditiesWest Texas Intermediate crude fell 0.2% to $40.57 a barrel.Gold was little changed at $1,786 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Motley Fool
Stock Markets Finish Sharply Higher for a Surprising Reason: China
The U.S. stock market came out of the holiday weekend with just as much upward momentum as it had last week. All three major market benchmarks gained ground, with the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite picking up 1.5% to more than 2% on the day. Today, however, some news from China caused more bullish sentiment to appear across the globe, and even Wall Street benefited from some of the optimism that market participants felt as a result.
- Motley Fool
Nasdaq Soars 226 Points as Amazon, Tesla Reach All-Time Highs
The stock market enjoyed a big bull market on Monday, and the Nasdaq helped lead the way. The Nasdaq Composite (NASDAQINDEX: ^IXIC) index climbed more than 2%, and the Nasdaq 100's gains amounted to 2.5% by the end of the day. The name of the game for Nasdaq investors in 2020 has been momentum, as winning stocks have tended to keep winning.
- Zacks
The Zacks Analyst Blog Highlights: Tesla, NVIDIA, Amazon.com, T-Mobile US and Eli Lilly
The Zacks Analyst Blog Highlights: Tesla, NVIDIA, Amazon.com, T-Mobile US and Eli Lilly
- Zacks
JPMorgan, FedEx, Oracle, Walgreens and Paycheck are part of Zacks Earnings Preview
JPMorgan, FedEx, Oracle, Walgreens and Paycheck are part of Zacks Earnings Preview
- Zacks
Stock Market News for Jul 6, 2020
Wall Street closed higher on Thursday following the release of better-than-expected nonfarm payroll data of June.
- Zacks
5 Must-Buy High-Flying Mid-Cap Stocks With Strong Upside Left
Apart from the large-cap specific three major stock indexes, the mid-cap specific S&P 400 also advanced 23.3% in the last quarter.
- Investing.com
Comic: Wall Street Kicks Off Q3 With More Gains As Stimulus Boosts Stocks
By Jesse Cohen
BloombergU.S. Equities Set to Gain Even Amid `Choppier' Period, Pictet Says
Jul.03 -- The S&P 500 and Nasdaq Composite indexes, with their concentration of technology companies, are set to benefit from a continued economic recovery, even as markets enter a "choppier" third quarter, says Supriya Menon, senior multi asset strategist at Pictet Asset Management. She speaks on "Bloomberg Markets: European Open."
- Yahoo Finance UK
FTSE 100 melts down as US COVID-19 cases in focus
The United States once again broke a record for the number of daily new COVID-19 cases on Thursday, with 55,000 new incidents confirmed.
- Reuters
Global Markets: COVID recovery vs COVID reality
The market rally, fuelled by Thursday's record U.S. jobs numbers, largely blew itself out after a record daily total of new U.S. COVID-19 cases, though news of the fastest expansion in China's services sector in over a decade kept Asia's tail up early in the day. Chinese shares had charged to their highest level in five years, helping the pan-Asian indexes to four-month peaks, so the sight of European markets stalling left traders floundering, especially with no Wall Street to pick things up again because of a U.S. market holiday. More than three dozen U.S. states are now seeing increases in COVID-19 cases, including Florida, where they have leapt above 10,000 a day.
- Motley Fool
Nasdaq Hits New Records as Tesla Delivers, Keeps Soaring
The Nasdaq exchange has had some of the most exciting companies in the stock market, and they've helped to make the Nasdaq the first major market benchmark to reach new highs. There are plenty of stocks listed on the Nasdaq that have seen impressive gains lately. Shares of Tesla finished the day up around 8%, adding to big gains throughout the week.
- Bloomberg
Stocks Pare Gains as Virus Angst Offsets Jobs Data: Markets Wrap
(Bloomberg) -- U.S. stocks pared gains on speculation that a second wave of coronavirus cases could jeopardize an economic rebound from the sharpest contraction on record.The S&P 500 came off session highs amid a slump in trading volume ahead of a holiday on news that U.S. virus cases had the biggest increase since May 9. Earlier, Florida reported that infections and hospitalizations jumped the most ever, and Houston had a surge in intensive-care patients. The figures offset data showing payrolls rose by 4.8 million in June after an upwardly revised 2.7 million gain in the prior month.“Going into the long weekend, why have an extreme bullish position?” Ed Clissold, chief U.S. strategist at Ned Davis Research, told Bloomberg TV. “We should think of the market in terms of a trading range environment around 3,000 and 3,200. When it looked earlier today, it became clear the market wasn’t going to break out, the rally lost steam.” The S&P 500 closed at 3,130.01.Read: U.S. Job-Growth Optimism Tempered by Stall in States’ ReopeningsThe U.S. labor market made greater progress than expected last month digging out of a deep hole, yet optimism over the rebound was tempered by stubbornly high layoffs and a resurgent coronavirus outbreak across the country. President Donald Trump still said the report shows the economy is “roaring back.” Massive monetary and fiscal policy stimulus helped lower borrowing costs and keep the financial system liquid in a time of stress -- while propelling the stock market higher.“There’s still a general positive sentiment about how quickly we’re seeing the recovery,” said Chris Gaffney, president of world markets at TIAA Bank. “But we do think you’re going to see the recovery level off, especially if we continue to see higher case numbers on the virus.”Investors also assessed remarks from White House Economic Adviser Larry Kudlow, who told Fox Business Network that “we are very unhappy with China” and “there are going to be export restrictions.”U.S. stocks are poised to rise this quarter if history is any guide, according to Keith Lerner, chief market strategist at SunTrust Private Wealth Management. Lerner cited the S&P 500’s track record after its biggest quarterly gains since 1950 in a report Tuesday. The gains ranged from 15% to 22%, in line with last quarter’s 20% increase, according to data compiled by Bloomberg. In each case, the S&P 500 rose in the following quarter. The average advance was 8.4%.These are some of the main moves in markets:StocksThe S&P 500 gained 0.5% as of 4 p.m. New York time.The Dow Jones Industrial Average increased 0.4%.The Nasdaq Composite Index advanced 0.5%.The Stoxx Europe 600 Index added 2%.The MSCI Asia Pacific Index increased 1.7%.CurrenciesThe Bloomberg Dollar Spot Index declined 0.1%.The euro fell 0.1% to $1.124.The Japanese yen weakened 0.1% to 107.53 per dollar.BondsThe yield on 10-year Treasuries declined one basis point to 0.67%.Germany’s 10-year yield sank three basis points to -0.43%.Britain’s 10-year yield fell three basis points to 0.186%.CommoditiesThe Bloomberg Commodity Index advanced 0.7%.West Texas Intermediate crude advanced 1.2% to $40.29 a barrel.Gold increased 0.5% to $1,788.30 an ounce.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Yahoo Finance
Stock market news live updates: Stocks jump after June jobs data smash expectations
Stock rose on Thursday, as investors cheered the resiliency of a U.S. economy that created nearly 5 million jobs last month in the throes of the raging coronavirus pandemic.
- Motley Fool
Stock Market News: What Conflicting Jobs Data Really Means for Markets
The stock market kept moving upward on Thursday morning, continuing to draw optimism from hopes that the economy will be able to overcome a second wave of coronavirus cases. Many market participants pointed to today's report from the Bureau of Labor Statistics about the employment picture in the U.S. for June as evidence that things are getting better. Total nonfarm payroll employment jumped by 4.8 million in June, and that sent the unemployment rate down by 2.2 percentage points, coming in at 11.1%.
- Zacks
3 Funds to Ride Wall Street's Best Quarter in 20 Years
The sharp uptick shown by major American indexes at this time of global health crisis is exemplary and must be taken advantage of from an investment viewpoint.
- Zacks
The Zacks Analyst Blog Highlights: Ciena, United States Cellular, T-Mobile US and Nokia
The Zacks Analyst Blog Highlights: Ciena, United States Cellular, T-Mobile US and Nokia
- Zacks
Stock Market News for Jul 2, 2020
The Nasdaq and the S&P 500 closed higher on Wednesday as investors focused on signs of economic recovery and better than expected economic data.
- Reuters
Wall Street rises on record job growth; surging virus cases cap gains
The Nasdaq opened at an all-time high after data showed the U.S. economy created 4.8 million jobs in June, the most since the government began keeping records in 1939, but later pared gains on reports of another spike in infections across the country. "If you are respectful of the COVID risk, that doesn't require a drastic market sell-off, but it requires you to pause from hitting the buy button like crazy." Optimism about a post-pandemic rebound in business activity, aggressive U.S. stimulus and hopes of a vaccine have fueled a Wall Street rally since April, with the benchmark S&P 500 now just about 7% below its February record high.
