NASDAQ

US markets frolic in the face of COVID, futures point to a tough start

Finfeed Archived Aug 31, 2020

To put things in perspective, the Dow Jones last traded around this level of February 21, a day on which the US recorded one new COVID-19 case.

S&P 500 and NASDAQ hit new highs amid irrational exuberance

Finfeed Archived Aug 25, 2020

With strong leads from overseas markets spurred on by good news on the coronavirus vaccine front and some strength in the oil price, it should be another positive day and the ASX SPI200.

ASX futures up 10 points as technology shares propel NASDAQ higher

Finfeed Archived Aug 21, 2020

The Nasdaq ended Thursday at a record high, with the S&P 500 and Dow Jones also rising, as gains in heavyweight tech stocks outweighed weak data that affirmed the Federal Reserve’s view of a challenging road to economic recovery.

Gold hits US$2000 per ounce, NASDAQ sets new high, futures up 31 points

Finfeed Archived Aug 18, 2020

Once again the NASDAQ that was the standout performer, gaining 110 points or 1%. Tesla Inc continued to shine, breaking through US$1800 per share for the first time, and its shares have now increased more than four-fold in five months.

Global markets retrace, commodities taper, futures down 1%

Finfeed Archived Aug 17, 2020

Supported by a big week from the banks, the S&P/ASX 200 index (XJO) finished 2% higher on a week- on-week basis at 6126 points, helped by a rally of about 0.6% or 35 points on Friday.

Capital markets must pivot, Tencent halted by Trump and … could Elixir Energy rise further?

Finfeed Archived Aug 14, 2020

President Trump suggested Tencent’s (HKG: 700) WeChat app poses a threat to US national security, and banned American companies from doing business with it.

Technology shares lead US stocks higher as Nasdaq closes above 11,000

Finfeed Archived Aug 07, 2020

Wall Street shrugged off a sluggish start to close higher as the Nasdaq soared above 11,000 points as investors remain bullish on stocks and hope for a new fiscal stimulus package.

NASDAQ closes at record high, COVID concerns fail to dampen futures

Finfeed Archived Aug 06, 2020

The S&P ASX 200 index fell 36 points on Wednesday as concerns loomed regarding possible inaction with regards to fiscal support measures in the US. While Congress appears no closer to releasing formal terms regarding stimulus packages, it didn’t affect US markets as the Dow gained 1.4%.

Nasdaq tumbles amid Apple probe, ASX futures down

Finfeed Archived Jul 24, 2020

Australian stocks look poised to open lower with futures contracts trading 59 points lower this morning. Gold rose on Thursday while global equities retreated as U.S. stocks were dragged down by a sharp drop in Apple amid a potential probe.