By Sinead Carew NEW YORK (Reuters) – Wall Street stocks fell slightly on the last trading day of February as weak U.S. growth data made investors cautious, while European shares broke multi-year records ahead of the European Central Bank’s injection next month of 60 billion euros to spur growth. The FTSEurofirst 300 index of top Read More
Author: Nasdaq Futures
Investors should start shedding some rallying stocks as U.S. markets linger near highs, CNBC’s “Fast Money” traders said. U.S. stocks were mixed on Thursday, but the Dow (Dow Jones Global Indexes: .DJI) closed at a record on Wednesday and the Nasdaq (NASDAQ: .IXIC) is threatening to break 5,000 for the first time in 15 years. Read More
The Nasdaq composite (NASDAQ: .IXIC) is ticking ever closer to 5,000, a level it has not breached since the heady days of March 2000. But it may have to take a breather before it gets there, according to Chicago-based trader Jim Iuorio of TJM Institutional Services. “Many times we make a run for these big, Read More
By Sinead Carew NEW YORK (Reuters) – Global equities dipped on Thursday as investor enthusiasm was dampened by a pullback in oil prices related to rising inventories, while the dollar rose as economic data drove expectations that the Federal Reserve will raise interest rates. The U.S. S&P 500 <.SPX> ended down, led by an 1.8 Read More
The Dow Jones Industrial Average (^DJI) made a fresh high, joining its cousin the S&P 500 (^GSPC) and now we await the Nasdaq (^IXIC) to push above 5,048. Instead of celebrating prosperity here’s what the media is likely to do which is the wrong attitude. Trot out the usual cast of fearmongers to tell everyone Read More
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stock index futures were little changed on Thursday ahead of a flurry of economic data, after the Dow edged up to a new record a day earlier while the Nasdaq snapped a 10-session winning streak. * Investors were looking ahead to data on the labor market and Read More
It was widely noted yesterday that the NASDAQ (NASDAQ: .IXIC) has been up 10 days in a row, but several other indicators seem a bit stretched as well. By “stretched” I mean many big indices are far above their 50-day moving averages. Typically, when these indices get too far from that average, there is a Read More
The rise in tech stocks in 1999 and 2000 was the biggest bubble “any of us will experience in our lives,” billionaire Jeff Vinik told CNBC on Wednesday. With the Nasdaq Composite (NASDAQ: .IXIC) at 15-year highs again and the Dow Jones Industrial Average (Dow Jones Global Indexes: .DJI) and the S&P 500 (INDEX: .SPX) Read More
Stocks were mixed at midday Tuesday as the Dow (^DJI) and S&P 500 (^GSPC) touched new highs and chatter grew louder about “Nasdaq 5000 (^IXIC).” If things stay the way they are (more or less) right now, today will not be the day to pop the champagne over the Nasdaq. Yahoo Finance’s Jeff Macke says Read More