On 6 August 2021, the U.S. Securities and Exchange Commission (the SEC) approved The Nasdaq Stock Market LLCs (Nasdaq) proposal to adopt listing rules 5605(f) and 5606 related to enhancing board diversity (the Board Diversity Rules). The Board Diversity Rules are aimed at improving corporate governance at Nasdaq-listed companies through a comply or explain disclosure-based framework and enhanced transparency of board diversity statistics. By: Dechert LLP

US dollar presses further as commodity currencies stumble

05:46pm, Monday, 22'nd Nov 2021 Forexlive
Softness in the risk trades adds another leg to the move The loonie and New Zealand dollar are carving out fresh lows against the US dollar after the Nasdaq dive weighed on broader sentiment. The loonie is also navigating a possible US SPR release. By Adam Button
The Dow Jones traded higher in today''s stock market at the start of a holiday-shortened week. Stocks were volatile Monday morning.
Ugly 2Y Auction With Biggest Tail Since Covid Crash; Sends Yields To Session Highs In a bizarre day for risk assets, one where stocks surged to a new all-time high promptly after the start of trading only to fade all gains and push the Nasdaq into the red, moments ago the Treasury sold $58BN in 2 year paper in a very poor, tailing auction, which was a mirror image of last month''s stellar 2Y sale which only saw tremendous interest due to the buying frenzy by shorts who needed physical paper to offset their futures shorts. In any case, today''s 2Y auction priced at a high yield of 0.623%, was well above last month''s 0.481% and tailing the When Issued 0.612% by 1.1bps. This was the biggest tail since Feb 2020 when the economy was about to implode. The Bid to Cover was also ugly, sliding sharply from last month''s 2.686 to just 2.358% and far below the 6-auction average of 2.56. The internals were also very ugly, with Indirects taking down just 45.62%, the lowest since September and far below both October''s 58.14% and the recent average 54.08%.

Dow jumps 200 pts, S&P, Nasdaq decline from records

05:01pm, Monday, 22'nd Nov 2021 Breaking the News 24/7
The Dow Jones Industrial Average jumped over 200 points on Monday after United States President Joe Biden chose Jerome Powell as the chair of the Federal Reserve. After reaching record highs earlier i…

NASDAQ gives up gains

04:46pm, Monday, 22'nd Nov 2021 Forexlive
Higher yields weighing on the index The NASDAQ index closed at a record high on Friday. In the other major indices, the S&P index and Dow industrial average are still higher and leading the way. By Greg Michalowski

Asian markets mixed; woes linger

04:08pm, Monday, 22'nd Nov 2021 The Manila Times
HONG KONG: Asian markets were mixed Monday with fears about renewed containment measures to battle a surge in European Covid cases adding to growing speculation that central banks will have to tighten monetary policy quicker to tame a spike in inflation. Oil extended losses as major consumers including the United States considered releasing some of their reserves to keep a lid on prices, which have been a key reason for the jump in inflation this year. While the Nasdaq ended at a new record above 16,000 for the first time Friday, the S&P 500, Dow and European markets provided a negative lead after Austria said it would reintroduce lockdowns and make vaccination mandatory from February to fight a worrying jump in new infections. Other countries including Germany, Slovakia, the Czech Republic and Belgium were also bringing in measures. "This of course is not just an Austrian story, Covid infections are rising at an alarming rate around Europe with other EU governments also introducing restrictions with the risk that they may also need to follow Austria''s drastic measures," said National Australia Bank''s Rodrigo Catril.
Nasdaq Clearing is implementing automatic calls and releases of Default Fund contributions (including Loss Sharing Pool) on 2021-12-01. The automation of calls and releases of Default Fund contribu
Pensionfund DSM Netherlands bought a new position in Nasdaq, Inc. (NASDAQ:NDAQ) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 2,800 shares of the financial services providers stock, valued at approximately $540,000. A number of other institutional investors also recently made changes to their positions in NDAQ. Meeder Asset Management Inc. raised its position []

Record levels for S&P and NASDAQ

02:37pm, Monday, 22'nd Nov 2021 Forexlive
S&P index leading the way A snapshot of the market currently shows:
NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Legato Merger Corp. II (the Company) announced today that it priced its upsized initial public offering of 24,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Global Market (Nasdaq) and will begin trading later today under the ticker symbol LGTOU. Each unit consists of one share of common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of common stock at a price of $11.50 per share, subject to adjustment. Only whole warrants are exercisable and will trade. Once the securities comprising the units begin separate trading, the common stock and redeemable warrants are expected to be listed on Nasdaq under the symbols LGTO and LGTOW, respectively.

Stocks Edge Higher at the Start of Thanksgiving Week

02:29pm, Monday, 22'nd Nov 2021 Action Forex
Futures trade mildly higher amid M&A activity & signs of possible easing measures in China. US futures Dow futures +0.23% at 35673 S&P futures +0.28% at 4710 Nasdaq futures +0.36% at 16636 In Europe FTSE -0.11% at 7219 Dax -0.26% at 16137 Euro Stoxx -0.25% at 4344 Rotation out of cyclicals as parts of Europe [] The post Stocks Edge Higher at the Start of Thanksgiving Week appeared first on Action Forex .

Nasdaq Named to Dow Jones Sustainability Index for the Sixth Consecutive Year

02:05pm, Monday, 22'nd Nov 2021 Intrado Digital Media
NEW YORK, Nov. 22, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) has been named for the sixth consecutive year to the Dow Jones Sustainability Index (DJSI), one of the most prestigious environmental, social, and governance (ESG) ranking efforts. Nasdaq maintains its industry leadership as the only stock exchange operator selected for inclusion in the 2021 North America index, and was among eight diversified financial services companies selected from the region.

Cronos Group Receives Delinquency Letter From Nasdaq

01:52pm, Monday, 22'nd Nov 2021 The Deep Dive
Cronos Group (TSX: CRON) on Friday after hours provided a bi-weekly management cease trade update in connection with its delayed

''You could say ZoomInfo is the largest public company in Israel''

01:30pm, Monday, 22'nd Nov 2021 The Jerusalem Post
3 years after the company''s acquisition, and more than a year after going public on Nasdaq in the first IPO of the coronavirus era, the case for ZoomInfo as an Israeli company is compelling.
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