NASDAQ

Oil surges 4%, tech stocks under pressure, futures down 13 points

Finfeed Archived Sep 17, 2020

Oil prices soared overnight on the back of an unexpected drawdown in US crude inventories, as well as news that US offshore production would be constrained due to the shutting down of offshore wells that lie in the path of Hurricane Sally.

NASDAQ continues to rebound, Trump in trouble with WTO, futures up

Finfeed Archived Sep 16, 2020

Things are heating up on the geopolitical front with the World Trade Organisation (WTO) weighing in on the feud between the US and China.

NASDAQ surges, strength in metals, but ASX set to open lower

Finfeed Archived Sep 15, 2020

Led by Apple, tech stocks gained overnight; plus positive news on the vaccine front.

Futures flat ahead of statements by Fed and Bank of England

Finfeed Archived Sep 14, 2020

Fiscal statements by the Fed in the US and the Bank of England in the UK could have a significant impact on the market.

Overseas leads point to sharp fall on the ASX on Friday

Finfeed Archived Sep 11, 2020

Major US indexes across the board were all down overnight. This does not bode well for the Australian stock market with the ASX200 SPI Futures down 79 points.

NASDAQ leads recovery in US, SPI Futures up 77 points

Finfeed Archived Sep 10, 2020

The Australian stock market should see a bounce-back with US markets staging a significant turnaround last night after three consecutive days of losses, and this is reflected in the ASX SPI200 futures index which is up 77 points

ASX Futures down 98 points as NASDAQ falls 4%, Tesla crashes 21%

Finfeed Archived Sep 09, 2020

After a horror finish last week, the XJO has added 82 points over the last two days, but with the ASX SPI200 Futures index down 98 points all of these gains could be eroded in what is shaping up as a challenging day.

Futures point to another positive day after late rally in the US

Finfeed Archived Sep 08, 2020

Laybuy Group Holdings (ASX: LBY) which finished at $2.05, representing a 45% premium to its IPO price of $1.41.

Should you be cautious about the hype surrounding tech stocks?

Finfeed Archived Sep 04, 2020

The faster a stock or market is moving, the more interest it generates from investors who jump in attempting to cash in for fear of missing out.

US markets frolic in the face of COVID, futures point to a tough start

Finfeed Archived Aug 31, 2020

To put things in perspective, the Dow Jones last traded around this level of February 21, a day on which the US recorded one new COVID-19 case.

S&P 500 and NASDAQ hit new highs amid irrational exuberance

Finfeed Archived Aug 25, 2020

With strong leads from overseas markets spurred on by good news on the coronavirus vaccine front and some strength in the oil price, it should be another positive day and the ASX SPI200.

ASX futures up 10 points as technology shares propel NASDAQ higher

Finfeed Archived Aug 21, 2020

The Nasdaq ended Thursday at a record high, with the S&P 500 and Dow Jones also rising, as gains in heavyweight tech stocks outweighed weak data that affirmed the Federal Reserve’s view of a challenging road to economic recovery.

Gold hits US$2000 per ounce, NASDAQ sets new high, futures up 31 points

Finfeed Archived Aug 18, 2020

Once again the NASDAQ that was the standout performer, gaining 110 points or 1%. Tesla Inc continued to shine, breaking through US$1800 per share for the first time, and its shares have now increased more than four-fold in five months.

Global markets retrace, commodities taper, futures down 1%

Finfeed Archived Aug 17, 2020

Supported by a big week from the banks, the S&P/ASX 200 index (XJO) finished 2% higher on a week- on-week basis at 6126 points, helped by a rally of about 0.6% or 35 points on Friday.

Capital markets must pivot, Tencent halted by Trump and … could Elixir Energy rise further?

Finfeed Archived Aug 14, 2020

President Trump suggested Tencent’s (HKG: 700) WeChat app poses a threat to US national security, and banned American companies from doing business with it.

Technology shares lead US stocks higher as Nasdaq closes above 11,000

Finfeed Archived Aug 07, 2020

Wall Street shrugged off a sluggish start to close higher as the Nasdaq soared above 11,000 points as investors remain bullish on stocks and hope for a new fiscal stimulus package.

NASDAQ closes at record high, COVID concerns fail to dampen futures

Finfeed Archived Aug 06, 2020

The S&P ASX 200 index fell 36 points on Wednesday as concerns loomed regarding possible inaction with regards to fiscal support measures in the US. While Congress appears no closer to releasing formal terms regarding stimulus packages, it didn’t affect US markets as the Dow gained 1.4%.

Nasdaq tumbles amid Apple probe, ASX futures down

Finfeed Archived Jul 24, 2020

Australian stocks look poised to open lower with futures contracts trading 59 points lower this morning. Gold rose on Thursday while global equities retreated as U.S. stocks were dragged down by a sharp drop in Apple amid a potential probe.