Wall Street traded lower on Monday, the first trading session of 2021, as worries over the ever-growing Coronavirus cases and the Georgia runoff elections take center stage. The Nasdaq 100 (NDX) saw a damning 3% decline from a fresh all-time high around 12950 before recovering just halfway (1.5%) by the close of the market yesterday. […]
Wall Street clocked out of the last trading session in 2020 with decent gains amid the impending US fiscal stimulus package, vaccine rollout, and dovish Fed stance. All three major US indices—Nasdaq 100 (NDX), S&P 500 (SPX), and Dow Jones (DJIA)—printed new record highs in December, in what many traders have termed the “Santa rally.” […]
Wall Street traded on a bullish tone early on Tuesday, following a significant rally on Monday that sent many indexes to fresh record highs. The Nasdaq 100 (NDX) grew by about 1.01%, or 127.85 points, recording a new all-time high. The Dow Jones (DJIA) jumped by 0.7%, while the S&P 500 rose by 0.9%. The […]
2020 was full of surprises—to say the least—for Wall Street and was a good year for investors, as attention shift to 2021. The Nasdaq 100 (NDX) is currently trading close to its all-time high amid a raging bull market. Although this might seem normal, you start to see the remarkability in this performance when you […]
Wall Street slipped lower in the early hours on Monday, with the Nasdaq 100 (NDX) falling as much as 1.4%, before rebounding and climbing higher. Meanwhile, Tesla (NASDAQ; TSLA) got most of the attention, as today marks the first day that the electric vehicle manufacturer’s stock will trade on the S&P 500 index (SPX). Meanwhile, […]
Wall Street traded on a positive sentiment yesterday, as Nasdaq 100 (NDX) hit a new all-time high around 12760.97 amidst renewed stimulus optimism and the Fed’s dovish stance. The NDX rose by 83.90 points or +0.66%. Meanwhile, the S&P 500 (SPX) gained 0.18%, while the Dow Jones (DJIA) gained 0.45%. Risk appetite on Thursday got […]
Wall Street traded haphazardly on Monday as volatility took full control of the market amid declining risk appetite, most likely as a result of the announcement of renewed lockdown restrictions across the country. However, the Nasdaq 100 (NDX) managed to stay upbeat despite the current weakness surrounding the tech sector. The index’s upbeat performance yesterday […]
The Nasdaq 100 (NDX) crashed by about 2.1% in the early hours on Thursday, as US lawmakers continued to draw out conclusive US stimulus talks and a hitch-free rollout of Coronavirus vaccines across the globe prompted investors to cash out their profits in the tech sector. The Dow Jones (DJIA) and the S&P 500 (SPX) […]
The Nasdaq 100 (NDX) continued on its bullish trajectory from last week on Tuesday, as investors’ focus remains fixated on the approval of a much-needed stimulus package soon. A recent joint statement released by House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer indicates that the Democrats are ready to lower their stimulus package […]
