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Nasdaq

All articles tagged with #nasdaq

Chip Slide, Iran Sanctions Blur the Rally as US Markets Close Mixed
markets18 hours ago

Chip Slide, Iran Sanctions Blur the Rally as US Markets Close Mixed

U.S. stocks closed mixed with the S&P 500 down about 0.3% and the Nasdaq roughly 0.8% lower as memory-chip names fell after reports Nvidia would raise AI server prices, while the Dow edged higher around 0.3%. The move came as officials unveiled expanded Iran sanctions aimed at isolating the country from the dollar system, with Canada–U.S. tariff tensions adding to volatility ahead of Nvidia’s upcoming earnings, which could influence the AI-chip narrative.

Broadcom Drag Weighs on Nasdaq Even as Broad Market Rallies
markets5 days ago

Broadcom Drag Weighs on Nasdaq Even as Broad Market Rallies

Broadcom fell about 4.7%, dragging the Nasdaq lower early in the session due to its index-heavy weight, while the Dow and S&P 500 advanced on gains in Moderna and Merck and a favorable rotation in tech led by Marvell’s deal with Google. Oil and Treasury yields rose, and safe-haven assets gold and Bitcoin also moved higher, signaling a mixed risk backdrop as the broader market climbed despite the Nasdaq’s weakness.

S&P 500 hits fresh record as inflation data softens rate-hike bets
finance11 days ago

S&P 500 hits fresh record as inflation data softens rate-hike bets

US stocks rose with the S&P 500 posting a new record as inflation data suggested rate hikes may slow, while the Nasdaq gained about 0.8% led by tech names; the Dow edged higher. Traders digested CPI and PPI readings and a batch of earnings, noting notable moves in Applied Materials, Workday, SanDisk/SNDK, Netflix, and Figma, as oil prices slipped and unemployment claims showed mixed signals.

Markets buoyed by cooling CPI as Fed timing remains uncertain
markets13 days ago

Markets buoyed by cooling CPI as Fed timing remains uncertain

US stocks rose after July’s CPI showed inflation cooling to 3.4% year-over-year and a 0.1% monthly increase. The Nasdaq led gains (about 0.7%), the S&P 500 rose around 0.3%, while the Dow barely moved, as traders ponder whether the Fed will hold rates or cut a move in September. Inflation staying above the 2% target keeps the central bank in a wait-and-see stance. Geopolitical tension in the Middle East supported oil and yields, with energy near $90 per barrel. Earnings from Cisco, Coherent, and Cerebras Systems are due this week.

Premarket Nasdaq Dips as AI, SpaceX and Contract Wins Steer Movers
markets18 days ago

Premarket Nasdaq Dips as AI, SpaceX and Contract Wins Steer Movers

Nasdaq futures slipped about 0.3% in early premkt trading as traders weigh Middle East headlines, weekly jobless claims data, and a heavy earnings slate; retail sentiment on SPY and QQQ remains neutral. Key movers include SoundHound AI (SOUN) up ~24% on strong revenue/raised guidance, SpaceX (SPCX) lower ahead of its IPO lockup expiry, SanDisk (SNDK) down ~9% after weak guidance despite a $14B buyback, and IonQ (IONQ) up ~10% on multiple contract wins, with Figma (FIG) also pressured by AI-infrastructure cost concerns. Investors will parse initial jobless claims, wholesale inventories, and a busy batch of earnings as Fed commentary and geopolitical developments continue to loom over trading.

Nasdaq Rally Deepens as Microsoft Drives Tech Gains and Yields Climb
markets25 days ago

Nasdaq Rally Deepens as Microsoft Drives Tech Gains and Yields Climb

U.S. stocks rebounded with the Nasdaq leading gains (about 2.4%), the Dow up roughly 0.8%, and the S&P 500 up about 1.2% as Microsoft jumped over 16% on strong Azure revenue; Meta fell on earnings, while bond yields rose to multi‑decade highs after the Fed held rates and inflation data cooled, signaling cautious but resilient momentum for equities.

Microsoft-led tech rally sparks broad stock rebound
markets25 days ago

Microsoft-led tech rally sparks broad stock rebound

U.S. stocks rebounded after the Fed held rates, with the Nasdaq jumping about 2.4% as Microsoft surged over 16% on Azure revenue strength; the Dow and S&P 500 gained roughly 0.8% and 1.2% respectively, while the Nasdaq-100 had already slipped into a correction. Meta slumped after earnings miss. Bond yields surged to multi‑decade highs near 5.24% as inflation data showed slower June gains and GDP growth cooled, and investors awaited upcoming results from Amazon and Apple amid ongoing Iran tensions and energy moves.