Author: Nasdaq Futures

AP Photo Stocks opened higher after four consecutive down days last week marked one of the worst weeks for the market this year. Near 9:40 a.m. ET, the Dow was up 230 points, the S&P 500 was up 17 points, and the Nasdaq was up 41 points. It’s a huge day for the Read More

Asian markets, with the exception of Australia, turned positive by mid-morning trade on Monday, as a modestly positive lead from Wall Street offset the impact of sliding oil prices. U.S. stocks snapped a four-day losing streak to settle mildly higher on Friday. The Dow Jones Industrial Average (Dow Jones Global Indexes: .DJI) and the S&P Read More

flickr/2day929 Stocks closed higher but relatively flat, and crude oil gave up a rally to sink back below $ 50 per barrel on Friday. First, the scoreboard: Dow: 117,712.66 +34.43 (0.19%) S&P 500: 2,061.02 +4.87 (0.24%) Nasdaq: 4,891.22 +27.86 (0.57%) And now, the top stories on Friday: There was no revision to Read More

By David Randall NEW YORK (Reuters) – A 4 percent decline in biotechnology stocks on Wednesday sent the Nasdaq Composite Index <.IXIC> to its largest one-day loss in nearly a year, and some investors are betting that the once-hot sector has further to fall. Short interest has risen in a number of biotech names perceived Read More

REUTERS/Toby Melville The S&P 500 fell for a fourth straight day, wiping out gains for the year in a choppy trading session. First, the scoreboard: Dow: 17,678.23 -40.31 (-0.23%) S&P 500: 2,056.15 -4.90 (-0.24%) Nasdaq: 4,863.36 -13.16 (-0.27%) And now, the top stories on Thursday: Initial jobless claims fell to 282,000 Read More

Stocks were on track for a fourth-straight down day Thursday amid renewed concerns about the Middle East. U.S. crude futures jumped nearly 3% and back above $ 50 as long-simmering tensions between Saudi Arabia and Iran morphed into a proxy war in Yemen. In recent trading, the S&P 500 was down 0.7% and in negative Read More

Asian equities were mostly lower on Thursday following a sharp selloff on Wall Street overnight and an escalation of political turmoil in Yemen. Technology shares led the declines following a more than 2 percent slide on the Nasdaq Composite (NASDAQ: .IXIC). The biotech and semiconductor sector bore the brunt of losses overnight, with analysts citing Read More

Don’t abandon biotech after it helped send U.S. markets reeling on Wednesday, CNBC “Fast Money” traders said. “I’m still a believer in biotech,” said trader Guy Adami. The Nasdaq (NASDAQ: .IXIC) was the biggest loser in Wednesday’s broad selloff, shedding more than 2 percent. The iShares Nasdaq Biotechnology ETF (NASDAQ: IBB) dropped more than 4 Read More

REUTERS Stocks collapsed and the dollar fell, with biotechs taking a pause from a huge rally in trading on Wednesday. First, the scoreboard: Dow: 17,718.5, -292.6, (-1.6%) S&P 500: 2,061, -30.5, (-1.5%) Nasdaq: 4,876.5, -118.2, (-2.4%) And now, the top stories on Wednesday: Warren Buffett’s Berkshire Hathaway and 3G Capital are Read More

By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks fell on Wednesday, with losses accelerating after short-term technical indicators failed and after a gauge of industrial orders that unexpectedly fell last month. Losses on the S&P 500 accelerated around mid-session after the benchmark dropped below a support level near 2,085. An index of biotechnology shares Read More