Nasdaq drops 0.5% while Dow gains 195 points, or 0.6%

Stocks were mixed on Tuesday with technology stocks under further pressure, as investors further mulled the market implications of Federal Reserve Jerome Powell’s renomination to lead the central bank.

The S&P 500 ended slightly higher. The Nasdaq lagged as investors further turned away from technology and growth stocks. The Dow — which is heavily weighted in cyclical stocks — gained more than 150 points, or 0.4%, during afternoon trading as energy and financials shares outperformed. 

U.S. West Texas intermediate crude oil futures (CL=F) recovered losses and rose 2% after dropping more than 1% earlier in the morning. The move came

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Nasdaq leads losses as tech weakness dents Wall Street

A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 28, 2021. REUTERS/Andrew Kelly

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  • Banks extend gains as yields rise
  • Factory activity expands in November
  • Tesla, Microsoft lead losses among trillion-dollar tech stocks
  • Indexes down: Dow 0.01%, S&P 0.41%, Nasdaq 1.24%

Nov 23 (Reuters) – The Nasdaq lagged its Wall Street peers on Tuesday as rising Treasury yields weighed on major technology stocks, while gains in banks and energy helped limit losses in the S&P 500 and

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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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Stock Market Today: S&P 500 and Nasdaq Hit Record Closes Again

Stocks mostly edged higher Thursday as investors appeared sanguine about the Federal Reserve’s decision to begin reducing the size of its pandemic-era asset purchasing program. 


S&P 500

added 0.4% and the

Nasdaq Composite

gained 0.8% on Thursday, notching fresh record closes. Both indexes also closed Wednesday at records. The Dow Jones Industrial Average slipped 33 points, or 0.1%. The index had climbed 104 points Wednesday to close at an all-time high of 36,157, but couldn’t gather enough steam to beat that level on Thursday.

The S&P 500, Nasdaq, and the Dow are up 1.2%, 1.8%, and 0.6%, respectively since

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5 Nasdaq Stocks Could Send the Market Soaring — or Plunging — This Week

Investors have been upbeat recently, and that’s shown up in the performance of the Nasdaq Composite (NASDAQINDEX:^IXIC). Despite lagging behind other benchmarks that rose to record highs last week, the Nasdaq has been able to move higher, and as of 6:30 a.m. EDT, Nasdaq futures were up 31 points to 15,372.

This week, five key Nasdaq stocks, including four of the fabled FAANG stocks, will report earnings. The results that Facebook (NASDAQ:FB), Microsoft (NASDAQ:MSFT), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) post could help determine whether the bull market will continue or whether concerns about

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Stocks mixed as volatile month rolls on; Nasdaq pares earlier losses

Stocks turned positive Wednesday, with all three major stock indexes pushing higher during the afternoon session following a report that Congress might reach a short-term agreement to raise the government borrowing limit and prevent a default.

The Nasdaq pared earlier losses to trade in slightly positive territory Wednesday afternoon, with investors swooping in to buy a dip in tech and growth stocks. The index had been down by as much as 1.2% earlier in Wednesday’s trading day. Both the S&P 500 and Dow also gained, cutting losses after Bloomberg reported that Senate Minority Leader Mitch McConnell was set to offer

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Tech lifts Nasdaq to record close but Wall Street mixed on jobs report

A person waits on the Wall Street subway platform in the Financial District of Manhattan, New York City, U.S., August 20, 2021. REUTERS/Andrew Kelly

  • Dismal August jobs report calms taper fears
  • Leisure, retail employment disappoint; cruise liners slump
  • Banking stocks slide, shrug off jump in bond yields

Sept 3 (Reuters) – The Nasdaq closed Friday at a fresh record but Wall Street’s main indexes headed into the Labor Day weekend in mixed fashion, reacting to a disappointing U.S. jobs report which raised fears about the pace of economic recovery but weakened the argument for near-term tapering.

A majority of the

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S&P 500, Nasdaq close at record highs as Wall Street looks for strong finish to August

The S&P 500 set another record high on Monday as the stock market continued to rise in the final days of August.

The broad market index gained 0.43% to set a new record high 4,528.79, while the Nasdaq Composite traded up 0.90% for its own all-time high 15,265.89. The Dow Jones Industrial Average underperformed, losing 55.96 points or 0.16% to close at 35,399.84.

Key technology stocks led the way on Monday. Microsoft and Netflix each rose about 1.3%, and Apple jumped 3%.

Shares of Affirm Holdings surged more than 46% after the buy now, pay later company announced a partnership

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Stocks mixed, Nasdaq sets record close after August payrolls sharply miss estimates

Stocks were mixed on Friday following the release of the Labor Department’s August jobs report, which showed a sharp deceleration in hiring last month amid the Delta variant’s latest spread.

The S&P 500 traded near the flat line after reaching record intraday and closing highs just a day earlier. The Nasdaq edged higher to set a record close as investors piled back into technology and growth stocks seen as more defensive in a decelerating economic growth environment. The Dow, a proxy for cyclical and reopening stocks, fell slightly.

Investors were closely watching the government’s monthly jobs report. Non-farm payrolls increased

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