^IXIC - NASDAQ Composite
| Previous close | 13,240.77 |
| Open | 13,238.50 |
| Volume |
| Day's range | 13,194.95 - 13,330.65 |
| 52-week range | 10,088.83 - 13,330.65 |
| Avg. volume | 4,854,236,825 |
Yahoo Finance VideoMarket 'melt-up': What is it?
The S&P 500 is close to entering bull market territory, and many analysts have been referring to the stock market 'melt-up'. But what exactly is a 'melt-up'? Yahoo Finance's Julie Hyman explains the recent market 'melt-up' as referring to "the most recent leg of the rally." Yahoo Finance markets reporter Jared Blikre describes a 'melt-up' as "the market discounting all these bearish headlines that we're talking about recently, and it manages to exhibit some bullish price action." Sevens Report Research Founder and President Tom Essaye says that a 'melt-up' is "just a Wall Street slang essentially for a market that won't go down, and it basically pulls in skeptical investors." Video highlights: 00:00:03 - Yahoo Finance's Julie Hyman 00:00:17 - Yahoo Finance markets reporter Jared Blikre 00:00:30 - Sevens Report Research Founder and President Tom Essaye
Yahoo Finance VideoHow Apple's stock reacted to Vision Pro announcement
Apple's stock fell after it unveiled its new Vision Pro mixed reality headset. Yahoo Finance markets reporter Jared Blikre breaks down the charts.
Yahoo Finance VideoISM services index comes in lower than expected for month of May
With the release of the May ISM services index coming in lower than expectations, Yahoo Finance Live breaks down what the data is saying.
- Financial Times
US stocks subdued as traders weigh Apple launch and policy outlook
US stocks edged lower on Monday, trimming early gains, as investors weighed a much-anticipated product launch from tech giant Apple and continued hunting for clues about the future path of interest rate rises. Wall Street’s S&P 500 closed down 0.2 per cent, paring a small advance that had lifted the benchmark index more than a fifth above a recent low in October 2022 — briefly taking it into technical bull-market territory. Apple’s shares slid 0.8 per cent after the group unveiled a new “mixed-reality” headset, following gains of as much as 2.2 per cent in the run-up to the product launch.
ZacksNasdaq ETF's First Six-week Rally Since Jan 2020: Stock Winners
Nasdaq ETF marked first six-week rally since Jan 2020. These stocks gained more than 100% during this time frame.
ZacksStock Market News for Jun 5, 2023
Wall Street closed sharply higher on Friday buoyed by impressive jobs data for May.
ZacksBest Inverse/Leveraged ETFs of Last Week
Wall Street was upbeat last week with the key equity gauges gaining in the range of 1.8% to 3.3%.
- Investing.com
U.S. stocks are mixed as investors look to Fed's rate meeting
U.S. stocks are mixed as investors look toward next week’s meeting of the Federal Reserve. At 11:34 ET (14:19 GMT), the Dow Jones Industrial Average was down 93 points or 0.3%, while the S&P 500 was up 0.3% and the NASDAQ Composite was up 0.6%. Investors are trying to assess the chances of the Fed raising interest rates again next week after raising them at consecutive meetings since last spring.
ReutersS&P 500 ends lower as traders eye potential pause in rate hikes
The S&P 500 ended lower on Monday as investors weighed whether the U.S. Federal Reserve might pause its interest rate hikes at its upcoming policy meeting, while Apple briefly hit a record high before losing ground. Apple Inc ended 0.8% lower after the world's most valuable company unveiled an augmented-reality headset called the Vision Pro, its riskiest and biggest bet since the introduction of the iPhone. Earlier Apple rose as much as 2.2% to an all-time high.
Motley FoolIs It Time to Buy the Nasdaq's 3 Worst-Performing May Stocks?
Let's look at the three worst performers from the Nasdaq 100 -- an index that monitors the performance of the 100 largest stocks in the Nasdaq Composite -- in May to see if any of them are worth buying. PayPal (NASDAQ: PYPL) was the worst performer on the Nasdaq 100, largely because the digital payments leader is facing challenges on multiple fronts.
Motley Fool1 Stock-Split Stock to Buy Hand Over Fist in June and 1 to Avoid Like the Plague
Over a half-dozen high-flying stocks have split their shares in recent years. One stands out as a surefire buy in June, while another is priced for perfection in an imperfect industry.
- Investing.com
Dow futures rise 30 pts; ISM services PMI, Apple in spotlight
U.S. stocks are seen opening in a mixed fashion Monday, stabilizing after a broad-based rally as investors digest more economic data with next week’s Federal Reserve policy-setting meeting in mind. At 06:50 ET (10:50 GMT), the Dow futures contract was up 30 points, or 0.1%, S&P 500 futures traded 2 points, or 0.1% higher, while Nasdaq 100 futures dropped 23 points, or 0.2%. The main Wall Street indices closed firmly higher on Friday, following strong jobs data and after Congress passed a bill to lift the federal debt ceiling, signed into law by President Joe Biden over the weekend, thus averting a default which would have had economically disastrous repercussions.
- Investing.com
Saudi output cut plans, Apple unveils new hardware - what's moving markets
Investing.com -- Saudi Arabia vows to slash oil production from next month, while U.S. President Joe Biden signs into a law a bill that lifts the country's debt ceiling and averts a possibly catastrophic default. Elsewhere, Apple gears up to reveal a long-awaited "mixed reality" headset.
Associated PressStock market today: Asian stocks follow Wall St up after strong US jobs report
Asian stocks followed Wall Street higher on Monday after strong U.S. hiring data coupled with scant wage gains suggested a possible recession might be further away, but also that inflationary pressures are weakening. Shanghai, Hong Kong and Seoul also rose. Wall Street's benchmark S&P 500 index leaped 1.5% on Friday, putting it on the verge of entering what traders call a “bull market” after rising nearly 20% in seven months.
- Investing.com
Dow futures steady as debt bill signed into law
Investing.com - U.S. stock futures were trading in a mixed fashion during Sunday's evening trade after major benchmark averages closed out the holiday-shortened week higher as stronger than expected nonfarm payrolls data boosted investor sentiment, while President Joe Biden signed the debt ceiling bill into law over the weekend in order to avoid an impending U.S. default.
Yahoo FinanceDebt ceiling done, Fed goes quiet: What to watch this week
With first quarter earnings season largely done, investors will now shift focus to the Fed's next meeting and how policy updates could impact the AI-driven rally in stocks.
Motley FoolIs BlackRock Stock a Buy?
BlackRock (NYSE: BLK), the world's largest asset manager, has endured a difficult couple of years. As the largest provider of exchange-traded funds (ETFs), as well as a prominent manager of mutual funds and institutional investments, its fortunes are largely tied to the movements of the broader markets. Last year, BlackRock's stock price was down about 20% while the S&P 500 was also lower by about that much -- 19%, to be exact.
Motley FoolA Nasdaq Bull Market Is Here: 3 High-Flying Stocks to Buy Now
A new bull market for the Nasdaq Composite Index has been in sight for several months. In May, the index finally gained more than 20% from its previous bottom, meeting the commonly accepted definition of a bull market. There have been plenty of winners, with over one-third of the Nasdaq 100 stocks jumping by at least 20% so far this year.
Motley FoolU.S. Money Supply Hasn't Done This Since the Great Depression, and It Implies Something Big for Stocks
Wall Street can look vastly different depending on your investment timeline. When examined over multiple decades, we see that stock market corrections are commonplace, but the uptrend in the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) is well-defined. Over shorter periods, directional movements on Wall Street become far less predictable, as evidenced by the three major U.S. stock indexes plunging into a bear market in 2022.
