Tag: Nasdaq

Mega-cap tech drives S&P 500 and Nasdaq to record highs

Xinhua/Wang Ying/ Getty Images US stocks surged with S&P 500 and Nasdaq 100 hitting record highs on mega-cap tech strength. Shares of Apple, Taiwan Semiconductor, and Broadcom all surged at least 2% on Monday. Meanwhile, two Wall Street strategists boosted their year-end S&P 500 price targets. US stocks surged on Monday, with the S&P 500 […]

S&P 500, Nasdaq hit new record highs as Wall Street gets bullish

US stocks held near record-high levels Monday ahead of a holiday-shortened trading week as Wall Street wondered if the bull rally that has roared through 2024 has more room to run. The tech-heavy Nasdaq Composite (^IXIC) rose 0.6% after the index notched a “perfect” week in Friday’s session with its fifth straight record close. The […]

Nasdaq ekes out 5th straight record to cap banner week for tech

US stocks finished little changed Friday, with the S&P 500 and Nasdaq logging strong weekly performances as Apple’s (AAPL) AI strategy and Elon Musk’s pay package win at Tesla (TSLA) took center stage. The Dow Jones Industrial Average (^DJI) lost about 0.2%, while the S&P 500 (^GSPC) tipped just below the flatline. The tech-heavy Nasdaq […]

Tempus AI stock rises after Nasdaq debut via IPO

Tempus AI (TEM) made its trading debut on the Nasdaq via an IPO. The stock has popped in Friday trading after opening at $37 per share. Market Domination Anchors Julie Hyman and Josh Lipton look at Tempus in the broader AI narrative For more expert insight and the latest market action, click here to watch […]

Is It Time to Buy May’s Worst-Performing Nasdaq Stocks?

Software stocks had a terrible time in May. The majority of last month’s worst-performing shares were software providers. This is notable considering that these rapid-growth stocks rarely go on sale. But it’s not just high-flying software stocks that had a difficult time. Some biotech companies also struggled in May. If you’re looking for growth all-stars […]

Nasdaq futures surge as tech gains offset Fed caution

(Reuters) – Futures tracking the Nasdaq leapt on Thursday on gains in heavyweight technology stocks, aided by broadly unchanged bets on the Federal Reserve easing interest rates in September despite the central bank projecting just one cut this year. Investor sentiment got a boost from softer-than-expected inflation data and Fed Chairman Jerome Powell’s acknowledgement that […]