11 stories tagged #NASDAQ Composite

  1. Job Data Quashes Rate Cut Hopes, Triggers Broad Market Selloff
    finance

    Job Data Quashes Rate Cut Hopes, Triggers Broad Market Selloff

    U.S. jobs report crushes expected rate cuts as Nasdaq plunges 4.2%. A broad risk-off day.

    1h ago 1 min read
  2. Wall Street's Fear of a Strong Economy: NASDAQ Plunges 4% on Hot Jobs Data
    finance

    Wall Street's Fear of a Strong Economy: NASDAQ Plunges 4% on Hot Jobs Data

    A surprisingly strong May jobs report triggered a massive sell-off on Wall Street, with the NASDAQ dropping 4.2% as rising Treasury yields crushed growth stocks.

    3h ago 1 min read
  3. S&P 500 Loses $1.8 Trillion in Worst Day for Markets
    finance

    S&P 500 Loses $1.8 Trillion in Worst Day for Markets

    Nasdaq posts record point drop as strong jobs data kills hopes for rate cuts. Tech and crypto stocks take massive hits.

    6h ago 2 min read
  4. S&P 500 Plunges 3% After Strong Jobs Data, Ending Nine-Week Rally
    finance

    S&P 500 Plunges 3% After Strong Jobs Data, Ending Nine-Week Rally

    The S&P 500 fell 2.64% on Friday after May's jobs report showed 172,000 new jobs, more than double expectations, crushing hopes for Fed rate cuts.

    11h ago 1 min read
  5. Wall Street Bloodbath: Strong Jobs Data Crushes Stocks and Bitcoin
    crypto

    Wall Street Bloodbath: Strong Jobs Data Crushes Stocks and Bitcoin

    US stocks plunge as May jobs report doubles expectations, fueling rate hike fears. Bitcoin slides below $62K.

    13h ago 1 min read
  6. NASDAQ Plunges 4% as AI Stocks Collapse on Rate-Hike Fears
    finance

    NASDAQ Plunges 4% as AI Stocks Collapse on Rate-Hike Fears

    The Nasdaq Composite suffered its worst day in over a year, dropping 4% as AI stocks tumbled amid renewed rate-hike fears, with Micron falling 13%.

    14h ago 2 min read
  7. S&P 500 Momentum Index Posts Record 32% Gain Over Two Months
    finance

    S&P 500 Momentum Index Posts Record 32% Gain Over Two Months

    The S&P 500 Momentum Index has surged 32% in two months, fueled by mega-cap AI stocks and triggering warnings of an overheated market from Goldman Sachs.

    last wk. 1 min read
  8. Global Markets Mixed as Oil Tumbles on Hopes of US-Iran Peace Deal
    finance

    Global Markets Mixed as Oil Tumbles on Hopes of US-Iran Peace Deal

    World stocks are mixed as oil prices plunge on a potential US-Iran peace agreement, easing inflation fears.

    last mo. 1 min read