Stock Market

5 things to know before the stock market opens Tuesday, Nov. 9

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Wall Street looks steady ahead of key inflation data, after new highs

A trader works on the floor of the New York Stock Exchange (NYSE) November 8, 2021.

Brendan McDermid | Reuters

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5 things to know before the stock market opens Wednesday, Nov. 10

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Wall Street looks to continue lower, so does recently dropping Tesla

A trader works on the floor of the New York Stock Exchange (NYSE) on November 05, 2021 in New York City.

Spencer Platt | Getty Images

2. October consumer prices surged at fastest pace in decades

A pedestrian carries Zara shopping bags in San Francisco, California, U.S., on Thursday, Sept. 16, 2021.

David Paul Morris | Bloomberg | Getty Images

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Nasdaq rebounds after inflation-driven sell-off, Disney weighs on Dow

The Nasdaq Composite rebounded Thursday after hot inflation data and surging bond yields sparked a sell-off in technology stocks in the previous session.

The tech-heavy Nasdaq gained 0.5% to close at 15,704.28. The S&P 500 closed marginally higher at 4,649.27. The Dow Jones Industrial Average shed 158.71 points, or 0.4%, to 35,921.23 — pulled down by Disney’s 7% drop.

“We’re going to have this push and pull where we get these headline numbers that shock the markets a bit, like with inflation yesterday,” BMO Wealth Management chief investment strategist Yung-Yu Ma said.

Some tech names rose Thursday after October’s consumer

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Stocks advance, J&J shares gain after breakup announcement

Stocks advanced Friday after a mixed session in the markets, with both earnings and inflation data remaining at the center of investor attention.

The S&P 500 gained, and both the Dow and Nasdaq also closed out Friday’s session in the green after a volatile trading week. Shares of Dow component Johnson & Johnson (JNJ) rose after the company said it was planning to break up into two separate companies focused on consumer health products and pharmaceuticals, respectively, in a move echoing a similar breakup announcement by General Electric (GE) earlier this week. 

As of Friday’s close, however, the S&P 500

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Stocks flat as investors grapple with inflation surge, Disney letdown

Wall Street was mixed Thursday, with investors grappling with the implications of inflation that has soared to its highest in decades, and third-quarter earnings that are starting to show signs of slowing growth.

The S&P 500 was rose after back-to-back sessions of losses. The Nasdaq outperformed, with some of Wednesday’s biggest technology laggards posting a rebound — led by Netflix (NFLX) which overtook Disney in market capitalization. 

With no notable economic data due out on Thursday due to the Veterans Day holiday, investors have been left to continue responding to the latest batch of mixed economic data. And meanwhile, a

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Stock market ends gaining streak, investors lose N12bn

The equities market of the Nigerian Exchange Limited recorded a decline on Wednesday after three consecutive days of gaining, with investors losing N12.13bn at the end of trading.

The NGX All-Share Index fell by 0.05 per cent to close at 43,707.30 basis points from 43730.55bps on Tuesday, while the market capitalisation of stocks dropped to N22.81tn from N22.82tn the previous day.

Investor activity slowed as the trading volume declined by 3.57 per cent to 270.70 million units valued at N5.63bn in 3,861 deals, from 280.71 million units valued at N3.48bn in 4,342 deals on Tuesday.

Analysing

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5 things to know before the stock market opens Thursday, Nov. 11

Here are the most important news, trends and analysis that investors need to start their trading day:

1. Wall Street looks higher, one day after inflation-driven selling

A trader works on the floor of the New York Stock Exchange (NYSE) on November 05, 2021 in New York City.

Spencer Platt | Getty Images

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Stock market sheds N51bn as investors take profits

The Nigerian equities market fell for the second consecutive day on Thursday, with the total market value losing  N51.27bn as investors took profits in MTN Nigeria Plc and some other stocks.

The All-Share Index of the Nigerian Exchange Limited dipped by 0.22 per cent at the end of trading to 43,609.06 basis points from 43,730.55bps on Wednesday while the market capitalisation fell to N22.76tn from N22.81tn.

The investor activity was bearish as trading volume fell by 40.41 per cent to 161.31 million units valued at N2.14bn in 3,574 deals from 270.70 million units valued at N5.63bn

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Stocks mixed as market digests Fed’s tapering announcement

Stocks gained Wednesday afternoon as investors digested a key monetary policy decision from the Federal Reserve, which included a formal announcement of the central bank’s start to tapering its pandemic-era asset purchases. 

The S&P 500, Dow and Nasdaq each rose to record levels for another session. As had been widely expected, the Federal Reserve said on Wednesday that it was going to begin slowing the pace of purchases in its crisis-era asset purchase program starting this month. This had been one of the primary tools helping to underpin the economic recovery and financial markets over the course of the pandemic.

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stock market holidays: Is the stock market closed today?

NEW DELHI: Normal trading will be shut on Thursday, November 4, on the occasion of Diwali festival. Instead, equity exchanges will hold a short ceremonial Muhurat Trading in the evening at 6.15 pm. Commodity markets will be closed for the morning session but will open in the evening.

The market will also observe a holiday on Friday, on the occasion of Diwali Balipratipada. Eventually, the market will open for normal trading on Monday, November 8. These holidays also mark the end of Samvat 2077.

After the spectacular returns of Samvat 2077, investors should prepare for modest returns in Samvat 2078,

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