Nasdaq Index

The Federal Reserve came into 2023 with headline inflation at 6.5% and with interest rates already at 4.25%-4.5%. At this point, inflation had already come down from its peak of 9.1%, and analysts believed the central bank would only make one more hike — with the main rate peaking at 4.5%-4.75%....

The tech-heavy Nasdaq 100 Index just concluded its most challenging session of 2023, shedding 2.5% on the day. The last time the Nasdaq 100 endured such a notably negative daily performance was in mid-December 2022 when it experienced a 3.3% dip. Since reaching its annual peak on July 18, the...

In 2022, financial markets witnessed one of the worst routs in history, dragged by the war in Ukraine, rising inflation and subsequent hawkish policies deployed by central banks. What Happened: Pessimism was so rampant that it dragged the Dow Jones by over 9% and the S&P 500 by over 19%. In the...

The Nasdaq Composite Index was bouncing up almost 1% higher on Thursday, in relief, after suffering its worst first week of December since 1975, plunging 4.4% between the Nov. 30 closing price and the session finish on Wednesday. With the stock market entering a bear cycle this year, most retail...

Heading into Monday's trading session, many investors were concerned that the rally in tech stocks had not only come to a sudden end, but a sell-off is underway. But after one of the best trading-day performances in month on Monday, some analysts are convinced the tech rally is back and here to...

The PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQ) and the corresponding index are on track to accomplish something that hasn't been seen in decades. According to data compiled by Bespoke Investment Group, the Nasdaq index closed higher 16 of 19 days in May. The current pace implies the index...

The Nasdaq index hit a new all-time high Tuesday of 5,689.60. The index's surge is supported by the biggest names in tech - with one notable exception. Shares of Microsoft Corporation (NASDAQ: MSFT) were trading lower by around 0.4 percent at $63.36 by Tuesday afternoon. The stock is also a Dow...

Shares of Amazon.com, Inc. (NASDAQ: AMZN) gained more than 100 percent throughout 2015. Justin Post of Bank of America maintained a Buy rating on shares with a price target boosted to $775 from a previous $740. The analyst noted the company is gaining share in e-commerce and AWS....