Previous close | 13,238.52 |
Open | 13,312.40 |
Volume |
Day's range | 13,229.33 - 13,385.95 |
52-week range | 10,088.83 - 13,385.95 |
Avg. volume | 4,796,644,761 |
With graphics chip-maker Nvidia's (NASDAQ: NVDA) stock more than doubling year to date, has the stock gotten to the point that it is grossly overvalued? To gauge whether or not NVIDIA shareholders should take some profits off the table today, let's take a look at two things: the overall market and NVIDIA stock specifically. Signs of underlying froth in tech could pose a risk to Nvidia's stock price performance over the long haul.
Since July 2010 (the earliest data available from coinmarketcap.com), Bitcoin has produced a ridiculous return of nearly 43,000,000%. It's important to first take a step back and understand why Bitcoin is even needed in the world. In the U.S., skeptics would make the argument that there is no need for Bitcoin because we have a robust payments industry and developed capital markets.
The Nasdaq Composite is still nearly 20% below its record-closing high, which means deals abound for growth-seeking investors.
Stocks popped on Friday after the S&P 500 officially entered a bull market to end Thursday's trading session.
The Bank of England will not cut interest rates until 2025, according new forecasts from Oxford Economics, which said policymakers were likely to “err on the side of caution”.
The major indexes climbed higher again on Friday, and even though many media outlets paid close attention to the S&P 500 having climbed 20% from its bear market lows, the Nasdaq Composite (NASDAQINDEX: ^IXIC) had already recovered much more of its lost ground since last October. Friday morning's gains of about 1% for the Nasdaq showed continuing optimism about the stock market's resilience even in the face of macroeconomic challenges. Indeed, the mood was so good that some Nasdaq equities hit all-time highs.
U.S. markets seem to be sending bearish signals as the S&P 500 enters into a bull market run. Yahoo Finance markets reporter Jared Blikre joins Yahoo Finance Live to analyze market conditions and its impact on the U.S. dollar.
The S&P 500 enters a bull market. Former President Donald Trump faces a second indictment tied to possession of classified documents. General Motors partners with Tesla to have access to its EV charging network. Yahoo Finance Live's Brad Smith breaks down several of this morning's developing stories.
The 2023 recession is still coming, economists say. It just might not happen until 2024.
U.S. stock markets closed higher on Thursday following a weak labor market data.
Tesla, Carvana and Vodafone all saw swings in their stock price over the last 24 hours.
FTSE finished lower in its third successive weekly decline in the red.
U.S. stocks are seen opening marginally lower Friday, consolidating after recent gains as investors hold their breath ahead of next week’s crucial Federal Reserve policy-setting meeting. At 06:55 ET (10:55 GMT), the Dow futures contract was down 65 points, or 0.2%, S&P 500 futures traded 4 points, or 0.1% lower, and Nasdaq 100 futures dropped 3 points, or 0.1%. The main Wall Street indices closed positively Thursday, with the broad-based S&P 500 index gaining 0.6% to post its highest close so far this year and on pace for its fourth straight positive week for the first time since last August.
Investing.com -- Moody's lowers its outlook on Coinbase, citing concerns over a lawsuit brought against the cryptocurrency exchange by U.S. authorities. Elsewhere, inflation data out of China disappoints and exacerbates worries that the country's nascent post-pandemic recovery could be running out of steam.
Regardless of mathematical definitions, investors shouldn't assume things are all-clear for a big move higher.
U.S. markets close the day higher, with the S&P 500 officially entering bull market territory. Shares of Wynn Resorts and Las Vegas Sands ended the day lower after the companies were downgraded at Jefferies. Yahoo Finance Live takes a look at the market as the closing bell rings.
Stocks have now risen more than 20% since their October lows, marking a new bull market for the S&P 500.
Strategists are adjusting and raising their market price targets ahead of the Fed's June FOMC meeting. BMO Capital Markets Chief Investment Strategist Brian Belski highlights the likelihood of the Fed's next rate hike and the resiliency of AI drivers across tech stocks.
Investing.com - U.S. stock futures remained little changed during Thursday's evening deals, after major benchmark indexes finished the regular session higher, with the SPX closing at a fresh yearly high
The stock market moved sharply higher on Thursday, with the Nasdaq Composite (NASDAQINDEX: ^IXIC) picking up more than 1% shortly after noon. Artificial intelligence (AI) has been a key trend lifting markets, and there are plenty of AI stocks in the Nasdaq. Two companies in particular have made AI a big part of their future business models, and on Thursday, both Adobe (NASDAQ: ADBE) and Nvidia (NASDAQ: NVDA) made sizable gains that further added to the furor surrounding the trend.
Will the Fed continue to raise interest rates at their June meeting? Belpointe Chief Strategist David Nelson breaks down how the Fed's upcoming decision could impact markets while commenting on China's economic growth outlook.
Are small cap stocks the new pain trade or could they cash in on the tech rally stemming from the AI hype bubble? F.L.Putnam Chief Market Strategist Ellen Hazen joins Yahoo Finance Live to detail cautious outlooks on artificial intelligence stocks or investors and the consumer staples the firm is trimming from its portfolio.
Wall Street closed mixed on Wednesday after the broad-based rally of past one and half week halted.
U.S. stocks were rising on Thursday after new labor market data countered worries about interest rate increases. At 11:17 ET (115:17 GMT), the Dow Jones Industrial Average was up 80 points or 0.2%, while the S&P 500 was up 0.3% and the NASDAQ Composite was up 0.7%. New jobless claims last week were higher than expected, coming in at 261,000 versus the 235,000 forecast, suggesting some easing in the tightness of the labor market.
Though the S&P 500 and Nasdaq Composite have bounced more than 20% off of their intra-day lows in 2022, numerous internal indicators suggest Wall Street isn't as healthy as it appears.