Nasdaq Stock News

U.K. funds invested in the tech sector dropped Friday, as part of a global retreat from the high-flying sector.

(RTTNews) - The major U.S. index futures are currently pointing to a lower open on Friday, with the Nasdaq futures showing a significant decrease. Technology stocks are likely to remain under pressure following the sharp pullback seen over the course of the trading day on Thursday. The tech-heavy Nasdaq plummeted by 2.5 percent in yesterday''s

Stocks, Yields Tumble As Quad-Witching Fears Add To Broader Market Slide US futures tumbled after hitting an all time high less than 24 hour ago, as the favorable if paradoxical bounce in risk from the hawkish FOMC pivot faded from memory and as investors questioned whether global stocks are due for a rough ride on the backdrop of growing risks from inflation and the omicron virus variant. S&P 500 futures slumped about 0.5% Friday morning, while the U.S. 10-year Treasury yield fell for a second straight day to 1.394%, the lowest since Dec. 6. Futures were dragged down by tech stocks as volatility surged amid mounting concerns about monetary tightening and the omicron coronavirus variant. Rates hikes do not end bull markets, but reversal of central banks liquidity means less speculative froth and more volatility, said Barclays strategist Emmanuel Cau. Policy angst may be here to stay, but following months of unclear guidances and conflicting signals, the direction of travel is clear now. Investors are also bracing for the quarterly rebalancing of the S&P 500 Index after the market close and the triple witching expiration of equity derivatives that could magnify market moves.

by JustForex The US stock indices ended Thursdays trading in the red zone. The technology sector saw a strong sell-off, which negatively affected the entire market. The S&P 500 (US500) decreased by 0.9%, the Dow Jones (US30) decreased by 0.1%, and the Nasdaq (US100) lost 2.5%. Meanwhile, the financial sector was the best performing, as investors believe that US []

Product innovation, increased market volatility and a strategic economic market model are expected to aid Securities and Exchanges stocks like CBOE, CME, ICE, NDAQ and OTCM. However, compliance with r

The relief rally after the FOMC meeting yesterday lost its sheen today with the NASDAQ index the hardest hit. Yesterday the NASDAQ rose 327 points today the index fell -385 points giving up all thats gains. The S&P index and Dow industrial average also fell with the Dow marginally lower as flow of funds went []

IRVINE, Calif.--(BUSINESS WIRE)--Revelstone Capital Acquisition Corp. (the Company or Revelstone) announced today that it priced its initial public offering of 15,000,000 units at $10.00 per unit. The units are expected to trade on the Nasdaq Stock Market, LLC (Nasdaq) under the ticker symbol RCACU beginning December 17, 2021. Each unit consists of one share of Class A common stock, par value $0.0001 per share, of the Company (common stock) and one-half of one redeemable warrant, with

Malaysia, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Kairous Acquisition Corp. Limited (the “Company”), a newly organized blank check company incorporated as a Cayman Islands business company and led by Chief Executive Officer, Joseph Lee, today announced the closing of its initial public offering of 7,800,000 units at an offering price of $10.00 per unit, which includes 300,000 units issued pursuant to the partial exercise of the underwriter’s over-allotment option, for aggregate gross proceeds to the Company of $78,000,000. Each unit consists of one ordinary share, one half of one redeemable warrant, and one right to receive one-tenth (1/10) of an ordinary share. Each whole warrant entitles the holder thereof to purchase one ordinary share at a price of $11.50 per share, and each ten rights entitle the holder thereof to receive one ordinary share.. The units began trading on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “KACLU” on December 14, 2021. Once the securities comprising the units begin separate trading, the ordinary shares, warrants and rights will be traded on Nasdaq under the symbols “KACL,” “KACLW,” and “KACLR,” respectively.

The United Kingdoms central bank has become the first in a major advanced economy to raise interest rates since the coronavirus pandemic began. Banks controlling monetary policy around the globe are shifting their focus from stimulating the economy to combating soaring consumer prices that arrived during the recovery. The moves come despite the threat that the new omicron variant of COVID19 poses. The European Central Bank took a much more cautious approach than the Bank of England on Thursday. The U.S. Federal Reserve decided this week to speed up its exit from pandemic crisis support, while Norway raised rates and Turkey cut them.

Traders at the New York Stock Exchange. Xinhua/Wang Ying via Getty Images US stocks ended lower Thursday with the Nasdaq Composite erasing its post-Fed meeting gain. Tech

Technology companies have led stocks lower on Wall Street as investors weighed the implications of higher interest rates.

Technology companies led stocks lower on Wall Street Thursday as investors weighed the implications of higher interest rates as the Federal Reserve prepares to begin raising rates next year to fight inflation. The S&P 500 fell 0.9% and the tech-heavy Nasdaq slid 2.5%, its biggest drop since September. Traders were also considering other moves by global central banks. The Bank of England became the first central bank among leading economies to raise interest rates. The European Central Bank still plans to trim its pandemic stimulus, but not abruptly. The yield on the 10-year Treasury note fell to 1.43%.

S&P 500 financial stocks outperformed tech shares with banks set to benefit from higher interest rates.

Heavy selling on the Nasdaq led Wall St lower. Iron ore, copper, oil, and gold all gain as ASX futures lift 0.03 per cent. Follow the latest here.