^IXIC - NASDAQ Composite
| Previous close | 9,608.38 |
| Open | 9,651.86 |
| Volume | 8,420,507 |
| Day's range | 9,627.18 - 9,707.78 |
| 52-week range | 6,631.42 - 9,838.37 |
| Avg. volume | 3,996,486,406 |
- Yahoo Finance
A Cheesecake-shaped recovery: Morning Brief
Top news and what to watch in the markets on Thursday, June 4, 2020.
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Investors Gunning for New All-Time High
The near-term direction of the June E-mini NASDAQ-100 Index is likely to be determined by trader reaction to the all-time high at 9780.50.
- Reuters
Global Markets: Rally pauses ahead of ECB stimulus plan
The rapid rally in world markets finally paused for breath on Thursday, as traders waited to hear how much more stimulus the European Central Bank plans to shovel out to address the coronavirus slump. The ECB is expected to pump in another 250-500 billion euros for the cause, but after weeks of sharp gains for stocks, oil and confidence-sensitive currencies, investors were taking the chance to lock in some profit. "As always, it's become an asymmetric risk with the ECB," said Gilles Moëc, chief economist of AXA Group, who was waiting to see how much new bond buying stimulus the bank signals and the length of time that it plans to do it.
- Reuters
Rally pauses ahead of ECB stimulus plan
The rapid rally in world markets finally paused for breath on Thursday, as traders waited to hear how much more stimulus the European Central Bank plans to shovel out to address the coronavirus slump. The ECB is expected to pump in another 250-500 billion euros for the cause, but after weeks of sharp gains for stocks, oil and confidence-sensitive currencies, investors were taking the chance to lock in some profit. "As always, it's become an asymmetric risk with the ECB," said Gilles Moëc, chief economist of AXA Group, who was waiting to see how much new bond buying stimulus the bank signals and the length of time that it plans to do it.
- Yahoo Finance
Stock market news live updates: Stock futures tick down, pausing after rally
Stock futures opened slightly lower Wednesday evening, pausing after a rally sent US equities to their highest level in three months.
- Motley Fool
Nasdaq Today: After Strong Earnings, Will Zoom Video Stock Keep Climbing?
The stock market has been extremely volatile since the coronavirus pandemic began, and its recovery has been at least as impressive as its initial plunge in late February and March. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has soared 40% from its March lows, and it's within just a couple of percentage points of a new all-time record high. Nasdaq stocks that have demonstrated an ability to thrive during the coronavirus crisis have gone a long way toward helping the index bounce back.
- Reuters
Wall Street closes sharply higher on signs of economic rebound
Wall Street rallied broadly on Wednesday with the Nasdaq approaching record highs as signs of an economic recovery from mandated shutdowns helped investors look beyond U.S. social unrest and pandemic worries. The S&P 500 and the Nasdaq each posted their fourth straight day of solid gains. The Nasdaq, the S&P 500 and the Dow have rebounded sharply from March lows hit as coronavirus-related lockdowns shocked the stock market, and they are now 1.4%, 7.8%, and 11.1%, respectively, away from overtaking all-time closing highs set in February.
- Zacks
Stock Market News for June 3, 2020
Benchmarks closed higher on Tuesday as investors looked past civil unrest across major cities and focused on easing of coronavirus-led lockdown and signs of economic recovery.
- Motley Fool
3 Charts to Understand the State of the Market
Get caught up on where the market is right now -- and some of the factors that could shape where it's heading next.
- Motley Fool
Why Searching for Cheap Stocks Is the Wrong Investing Strategy
Time and the luxury of patience are the individual investor's greatest advantages in the market, and strict adherence to distinctions between "value stocks" and "growth stocks" can lead to short-term thinking that hinders the pursuit of great deals. Berkshire Hathaway CEO Warren Buffett famously said that he'd rather own a wonderful company at a fair price than a fair company at a wonderful price. Buffett's incredible track record of stock-picking success is rooted in his understanding that long-term investing tends to create the best results, and this philosophy is at the heart of his oft-quoted bit of wisdom about great companies being superior to "cheap" companies.
- Yahoo Finance
Two bullish things to consider after the S&P's 40% surge: Morning Brief
Top news and what to watch in the markets on Wednesday, June 3, 2020.
- Associated Press
Asia markets mixed after Wall Street rises on better US data
Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible global recovery from the coronavirus pandemic as more economies reopen despite rising case numbers in the United States, Brazil and other countries.
- Associated Press
Asia markets mixed after Wall Street rises on better US data
Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected. Benchmarks in Shanghai and Hong Kong declined while Tokyo, Sydney and Southeast Asia advanced. Stock markets have risen on optimism about a possible global recovery from the coronavirus pandemic as more economies reopen despite rising case numbers in the United States, Brazil and other countries.
- Reuters
Shares, euro climb on robust risk appetite as lockdowns ease
Global equity markets rallied and the euro rose against the dollar on Wednesday, both for a seventh straight session, indicating strong risk appetite as easing lockdowns and hopes for more monetary stimulus boosted investor confidence. Gold prices extended losses as MSCI's all-country world index, a gauge of equity markets in 49 countries, surged to its highest since March 6, while Germany's benchmark 10-year Bund yield hit its highest since mid-April. The dollar slid to an 11-week low against a basket of currencies but strong equity gains set the tone of investor optimism, as leading bourses in Paris and Frankfurt rose more than 3% and the Dow rose 2% as Boeing shares surged.
- Yahoo Finance
Stock market news live updates: Stocks rise as reopening hopes offset concerns over ongoing protests
Stocks rose, tracking advances in global equities as investors eyed stabilizing economic data alongside ongoing protests across the country, which spurred some concerns of a ramp-up in coronavirus cases following a deescalation in the outbreak.
- Motley Fool
Nasdaq Today: Why NetEase and Align Technology Led Stocks Higher
As of 3 p.m. EDT, the Nasdaq Composite (NASDAQINDEX: ^IXIC) was higher by about a quarter of a percent, and the Nasdaq 100 Index of top Nasdaq stocks saw slightly smaller gains. NetEase (NASDAQ: NTES) and Align Technology (NASDAQ: ALGN) were two of the most noteworthy Nasdaq stocks on Tuesday. Shares of NetEase climbed 4%, rising to another all-time record high.
- Motley Fool
Dow Jones Jumps Despite Flood of Bad News; Visa Stock Rises on Positive Spending Data; Big Discounts on iPhones in China
On Monday, the Congressional Budget Office warned that a full economic recovery could take as long as a decade. Shares of Visa (NYSE: V) managed to gain on Tuesday after the credit card giant released data that showed a rebound in spending last month. Meanwhile, Apple (NASDAQ: AAPL) stock was down slightly following reports of steep discounts for iPhones in China.
- Yahoo Finance
Why looting, protests and COVID-19 haven't pounded the stock market
Here's why stocks continue to be in rally mode despite the horrors sweeping America right now.
- Motley Fool
Stock Market News: Here's What Sent RH and Western Union Skyward Tuesday
Tuesday morning brought some choppiness to Wall Street, as market participants tried to weigh countervailing factors against each other. Two very different winners today were RH (NYSE: RH) and Western Union (NYSE: WU), and although they serve different target demographics, they're both moving forward strategically to try to take advantage of opportunities they see in their respective markets. Shares of luxury retailer RH climbed more than 10% Tuesday morning.
- AFP
Dow, S&P 500 open higher, again shrugging off protests
Wall Street stocks opened mostly higher Tuesday as investors focused on stimulus measures and the lift from a reopening economy more than mass protests in US cities and economic headwinds. The broad-based S&P 500 climbed 0.2 percent to 3,060.48, while the tech-rich Nasdaq Composite Index dipped 0.2 percent to 9,537.16. Major cities in the US, many under curfew, were taking stock early Tuesday after another night of protests following the killing of an unarmed black man, George Floyd, at the hands of police.
- Reuters
Wall Street closes up on signs of economic rebound
A late-session rally pushed Wall Street to solid gains on Tuesday as market participants looked past widespread social unrest and pandemic worries to focus instead on easing lockdown restrictions and signs of economic recovery. The Nasdaq, the S&P 500 and the Dow have been approaching their all-time closing highs in recent weeks and are now about 2%, 9% and 13%, respectively, below record closing levels. The S&P 500 and the Nasdaq have closed in positive territory in six of the last seven sessions.
- Zacks
Stock Market News for June 2, 2020
Benchmarks closed in the green on Monday as signs of economic rebound overshadowed civil unrest amid coronavirus pandemic and rising U.S.-China tensions.
- Associated Press
Global stocks mixed after Wall St rises on better US data
European markets opened on Thursday lower while Asian shares gained after Wall Street rose on better U.S. jobs and manufacturing conditions than expected. London, Frankfurt and U.S. futures were lower. Tokyo, Hong Kong and Sydney advanced while Shanghai declined.
- Zacks
The Zacks Analyst Blog Highlights: Wingstop, Papa John's International, Ryanair, Darden Restaurants and Civeo
The Zacks Analyst Blog Highlights: Wingstop, Papa John's International, Ryanair, Darden Restaurants and Civeo
- Yahoo Finance
US economy shed 2.76 million private payrolls in May: ADP
U.S. employers cut 2.76 million private payrolls in May, according to a report Wednesday from ADP, as the coronavirus pandemic weighed on domestic economic activity and the labor market for another month.
