Global  

Nasdaq surges on megacap earnings

Video Credit: Reuters Studio - Duration: 01:27s - Published
Nasdaq surges on megacap earnings

Nasdaq surges on megacap earnings

The Nasdaq jumped more than 1% on Friday, powered by strong earnings from some of the largest U.S. companies, but the Dow and S&P finished with smaller gains as uncertainty about the government's next round of coronavirus aid kept economic worries on the radar.

Fred Katayama reports.


You Might Like


💡 One News Page Knowledge: Other News Mentions

Nasdaq American stock exchange

Wall Street rebounds to snap three-day skid [Video]

Wall Street rebounds to snap three-day skid

Wall Street's main indexes ended higher Wednesday to snap a three-session losing streak as investors jumped back in to take advantage of the pullback in technology-related stocks, a day after the Nasdaq confirmed correction territory. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:25Published
Tesla Stock Rallies 10% [Video]

Tesla Stock Rallies 10%

On Wednesday, Tesla shares rallied as much as 10%. The rally added about $32 billion in market value to the company. Other tech stocks like Apple, Amazon were also in the green after the Nasdaq tumbled a record 10% in three trading days. On Tuesday, Elon Musk's Tesla saw its stock price plunge 21%, erasing $82 billion from its market capitalization. Business Insider reports that Tesla completed a $5 billion share sale and a five-for-one stock split last week.

Credit: Wochit News    Duration: 00:34Published
Nasdaq drops 4% into correction territory [Video]

Nasdaq drops 4% into correction territory

U.S. stocks closed lower for a third straight session Tuesday as tech stocks extended their sell-off to send the Nasdaq into correction territory, while Tesla suffered its biggest daily percentage drop after the stock was passed over for inclusion in the S&P 500. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:27Published
Don't buy Thursday’s dip: strategist [Video]

Don't buy Thursday’s dip: strategist

As the Nasdaq fell 5% intraday Thursday, Crossmark Global Investments' Victoria Fernandez, who last month advocated trimming positions on big cap tech stocks, says the market may have further to drop. She tells Reuters' Fred Katayama investors should later buy consumer staples, utility, and energy stocks.

Credit: Reuters Studio    Duration: 04:14Published
Dow Climbs 455 points While S&P 500 Sets Record [Video]

Dow Climbs 455 points While S&P 500 Sets Record

US stocks climbed on Wednesday with the S&P 500 and Nasdaq composite extending records. According to Business Insider, both indexes closed at all-time highs on Tuesday. The rally was partly spurred by sectors that have underperformed in 2020, including utilities and financials. Traders are closely watching for signs that Congress will sign on for another pandemic stimulus bill soon. Treasury Secretary Steven Mnuchin on Tuesday encouraged Congress to pass stimulus measures.

Credit: Wochit News    Duration: 00:32Published

S&P Global Ratings S&P Global Ratings American credit rating agency

More gains ahead for S&P: analyst [Video]

More gains ahead for S&P: analyst

Thomson Reuters Stocks Buzz analyst Terence Gabriel says stocks have lost some of their momentum, but he tells Reuters' Fred Katayama why he still sees the S&P climbing 3-5% by early November.

Credit: Reuters Studio    Duration: 04:45Published

Dow Jones Industrial Average Dow Jones Industrial Average Stock market index

Dow Plunges 411 Points [Video]

Dow Plunges 411 Points

Getty Images US stocks extended losses into Monday's close as a lack of stimulus progress cut into hopes for a pre-election deal. House Speaker Nancy Pelosi expedited talks on Sunday, setting a 48-hour deadline for the White House and Democrats to ink a deal. She later told Democrats that significant obstacles in reaching a compromise remain. Even if an agreement is reached, the bill is set to die in the Senate as Republicans push a $500 billion measure.

Credit: Wochit News    Duration: 00:33Published

A late slide erases gains for U.S. indexes, leaving them mixed

Wall Street closed out a choppy week of trading with more of the same Friday, as a late-afternoon stumble led U.S. stock indexes to a mixed finish. The Standard..
WorldNews
Dow rises, S&P ekes out gain [Video]

Dow rises, S&P ekes out gain

The S&P 500 posted a nominal gain on Friday as further clarity regarding the timeline for the development of a coronavirus vaccine and much better-than-expected retail sales data brought buyers back to the market. Fred Katayama reports.

Credit: Reuters Studio    Duration: 01:25Published

3 reasons Bitcoin price got rejected at $11,500 — and what comes next

The price of Bitcoin (BTC) rapidly fell after surpassing $11,500 on Binance between Oct. 14 and Oct. 15. Within two hours, it fell to $11,280, recording a 2.3%..
WorldNews

U.S. stocks drop as stimulus hopes wane

NEW YORK, Oct. 14 (Xinhua) -- Wall Street's major averages finished lower on Wednesday as investors grew concerned over the uncertain fate of a U.S. coronavirus..
WorldNews

Fred Katayama journalist

Thousands of women protest Barrett nomination [Video]

Thousands of women protest Barrett nomination

[NFA] Thousands marched, chanted and held up posters against President Trump and his Supreme Court pick, Amy Coney Barrett, at a Women's March in Washington, D.C. on Saturday. Fred Katayama reports.

Credit: Reuters - Politics    Duration: 01:00Published
Anti-lockdown protestors descend on London [Video]

Anti-lockdown protestors descend on London

Around 500 anti-lockdown protesters descended on central London on Saturday as tighter restrictions to curb the spread of the coronavirus came into force in the capital. Fred Katayama reports.

Credit: Reuters Studio    Duration: 00:52Published
Divided world is failing COVID-19 test: U.N. Chief [Video]

Divided world is failing COVID-19 test: U.N. Chief

A divided world has failed to rise to the challenge of fighting the COVID-19 pandemic, U.N. Secretary-General Antonio Guterres said on Saturday and warned concerted action was needed to prevent millions of people from being pushed into poverty and hunger. Fred Katayama reports.

Credit: Reuters Studio    Duration: 00:50Published
Stocks that'll gain off the iPhone 12: fund manager [Video]

Stocks that'll gain off the iPhone 12: fund manager

Jackson Square Capital's Andrew Graham identifies the stocks of Apple suppliers that could benefit the most from sales of the newly released 5G iPhone. He also tells Reuters' Fred Katayama which ones to avoid.

Credit: Reuters Studio    Duration: 05:18Published

Tweets about this