^IXIC - NASDAQ Composite
| Previous close | 13,101.00 |
| Open | 13,190.48 |
| Volume |
| Day's range | 13,125.86 - 13,256.21 |
| 52-week range | 10,088.83 - 13,256.21 |
| Avg. volume | 4,854,236,825 |
Yahoo FinanceStocks slide as debt ceiling vote looms, jobs data stays hot: Stock market news today
US stocks closed lower Wednesday as investors kept a watchful eye on the prospects for the debt-limit deal in an expected House floor vote later. Meanwhile, strong US jobs data and China’s economic woes pressured global markets.
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 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.
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.
- Financial Times
Asia stocks follow Wall Street higher as oil prices rise
Asian equities broadly followed Wall Street higher on hopes of US economic resilience, while oil futures climbed after Saudi Arabia announced production cuts in an attempt to shore up crude prices. The gains for Asia-Pacific stocks came after a rally on Wall Street on Friday that saw the S&P 500 rise 1.5 per cent and the tech-focused Nasdaq Composite climb 1.1 per cent after US jobs data showed new hires increased more than expected in May. In commodities markets, crude briefly spiked after Saudi Arabia said it would cut oil production by 1mn barrels a day in a bid to prop up prices.
- 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.
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.
Motley FoolNasdaq Bear Market: 4 Extraordinary Growth Stocks You'll Regret Not Buying on the Dip
On the other hand, every double-digit percentage decline in the major indexes, including the Nasdaq Composite, has proven to be a buying opportunity for patient investors. Despite never knowing when corrections or bear markets will start, how long they'll last, or how steep the decline will be, history does conclusively show that index-based losses associated with every decline are eventually cleared away by a bull market. For investors with a long-term mindset, this represents an opportunity to pounce on innovative growth stocks trading at a discount.
Yahoo Finance VideoJobs report: Economy, inflation, writers' strike in focus
The May jobs report came in much stronger than expected, with payrolls at 339,000 and the unemployment rate increasing to 3.7%. Yahoo Finance takes a closer look, speaking with advisers, business owners, and WGA members across the country. In Washington, D.C., Yahoo Finance's Jennifer Schonberger broke down the jobs report. Schonberger said, "Ten consecutive rate hikes not enough to knock down the job market." Schonberger also spoke to Heather Boushey, a member of the White House Council of Economic Advisers, about the numbers. Boushey added, "A shortage of workers is a mismatch between the demand for workers and the supply available. And one way to fix that is to make sure that employers are offering good jobs." In New York City, Yahoo Finance Senior Reporter Alexandra Canal sat down with Ron Silver, Bubby's Chef & Owner, at Bubby's Tribeca. Regarding the impact of inflation, Silver said, "We really just keep a close eye on our costs and we adjust when we need to. We don't hesitate to do it if we need to." In Los Angeles, Yahoo Finance Live's Akiko Fujita examined how WGA members, business owners, and LA’s economy are all feeling the effects of the writers' strike. Fujita spoke to Chris Keyser, co-chair of the WGA negotiating committee. Keyser said, "At the heart of all of these negotiations is the fact that the writing profession is not financially tenable anymore." Video highlights: 00:00:03 - Yahoo Finance's Jennifer Schonberger 00:00:22 - Heather Boushey, a member of the White House Council of Economic Advisers 00:00:41 - Ron Silver, Bubby's Chef & Owner 00:00:56 - Writers' strike
CoinDeskWhy Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data
Ether and other major cryptos spent much of the day in positive territory.
Yahoo FinanceStocks rally after May jobs report tops expectations: Stock market news today
Stocks rose on Friday as better than expected May jobs report reiterated strength in the US labor market.
Yahoo Finance VideoTech stocks have powered market gains: Can it last?
Just a handful of tech stocks, including Apple, Microsoft, Nvidia, Tesla, and Amazon are responsible for the most of the big gains we have seen in the Nasdaq. Michele Schneider, Chief Strategist at Marketgauge.com tells Yahoo Finance Live why she thinks it would be "healthy" to see some of these stocks pull back.
Motley FoolWhy JPMorgan Chase Stock Was Up Today
JPMorgan Chase (NYSE: JPM) saw its stock price rise on Friday, as it was up about 2.7% as of around 1:40 p.m. EDT. The markets were surging higher on Friday, as the S&P 500 was up 62 points (1.5%), the Dow Jones Industrial Average climbed 665 points (2%), and the Nasdaq Composite gained 138 points (1.1%) as of 1:40 p.m. EDT. Friday was a good day for the markets, which certainly helped JPMorgan Chase, the nationʻs largest bank.
Motley FoolWhy Comerica Stock Was Rising Today
The markets were climbing on Friday as the S&P 500 was up 56 points (1.3%), the Dow Jones Industrial Average jumped 619 points (1.9%), and the Nasdaq Composite gained 120 points (0.9%) as of 12:30 p.m. ET. A news report on Monday by American Banker about Comerica's alleged violations of compliance requirements for the U.S. Treasury's Direct Express program sent the stock price tumbling earlier this week. More bad news followed, not specific to Comerica, but to regional banks in general, as the Federal Deposit Insurance Corp. (FDIC) came out with a report that said U.S. banks lost $472 billion, or 2.5% of total deposits, in the first quarter.
Yahoo Finance VideoMay jobs data: How markets are reacting
Yahoo Finance Live's Jared Blikre breaks down the market reaction to the stronger than expected May employment report.
Zacks5 Stocks That Powered a Historic May for Nasdaq ETF
The tech-heavy Nasdaq Composite Index wrapped up a historic month, outperforming the Dow Jones by the widest margin since October 2001.
Motley Fool3 Nasdaq 100 Stocks That Are Surefire Buys in June
These phenomenal businesses have the tools and intangibles to make patient shareholders a lot richer.
ZacksThe Zacks Analyst Blog Highlights BMO REX MicroSectors FANG+ Index 3X Leveraged ETN, GraniteShares 1.5x Long NVDA Daily ETF, MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN6, ProShares UltraPro QQQ and MicroSectors Gold Miners -3X Inver
BMO REX MicroSectors FANG+ Index 3X Leveraged ETN, GraniteShares 1.5x Long NVDA Daily ETF, MicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN6, ProShares UltraPro QQQ and MicroSectors Gold Miners -3X Inverse Leveraged ETN are included in this Analyst Blog.
Yahoo Finance UKFTSE 100 closes higher as Wall Street jumps after jobs report tops expectations
The US economy added 339,000 nonfarm payroll jobs last month while the unemployment rate rose to 3.7%.
Motley FoolThese 2 Stocks Are Set to Soar Tomorrow
Stock markets got a nice lift on the first day of June, as the Nasdaq Composite (NASDAQINDEX: ^IXIC) in particular continued its run higher to close at its highest level in nearly a year. The S&P 500 (SNPINDEX: ^GSPC) and Dow Jones Industrial Average (DJINDICES: ^DJI) also posted solid gains. Earnings reports kept coming in after the market had closed for the day, with some companies getting a boost, while others plunged.
Yahoo Finance VideoStocks close higher, Dollar General & Macy's results, jobs report in focus: Top stories
The major stock indexes closed higher Thursday despite some disappointing news on the consumer from Macy's and Dollar General. On Friday, all eyes will be on the May jobs report. Economists are expecting 195,000 jobs were added last month.
- Associated Press
How major US stock indexes fared Thursday 6/1/2023
Wall Street closed higher on hopes that the Federal Reserve may soon take it easier on its hikes to interest rates, with the S&P 500 gaining 1% Thursday. Altogether, investors saw the data pushing the Fed toward not hiking rates at its next meeting in two weeks. The Nasdaq composite led the market’s gains as Big Tech stocks climbed.