Nasdaq tumbles as investors sell off on tech stocks: ASX to open higher
27 Jun 2023 - The Nasdaq Composite slumped on Monday as investors sold shares of outperforming tech companies and the final trading week of the first half commenced.
27 Jun 2023 - The Nasdaq Composite slumped on Monday as investors sold shares of outperforming tech companies and the final trading week of the first half commenced.
26 Jun 2023 - Global stocks fell on Friday, capping their worst week since March as investors in the US and Europe fretted over the prospect of further interest rate increases and potential recession.
23 Jun 2023 - The Nasdaq Composite and the S&P 500 rose Thursday, snapping three-day losing streaks as investors resumed buying tech stocks.
22 Jun 2023 - Stocks fell Wednesday as investors took a breather from last week’s market rally, and weighed Federal Reserve Chair Jerome Powell’s latest comments on inflation.
21 Jun 2023 - Stocks fell Tuesday, the first trading day of the week, as a rally that drove the market to levels not seen in more than a year took a breather.
20 Jun 2023 - The US markets were closed overnight in observation of Juneteenth. When shifting to European markets, the benchmark Stoxx 600 index closed 1% lower Monday, with almost all sectors in negative territory. Chemicals stocks led losses, down 2.8%, while banking stocks ended just above the flatline.
19 Jun 2023 - Stocks slipped on Friday as Wall Street closed out a huge week in which investors received a pause on rate hikes from the Federal Reserve, plus encouraging inflation data.
16 Jun 2023 - The Dow Jones Industrial Average on Thursday rallied more than 400 points and the S&P 500 touched a fresh 13-month high, as investors bet the Federal Reserve was close to done raising rates after the central bank this week skipped a hike.
15 Jun 2023 - Stocks gyrated on Wednesday as the Federal Reserve paused its rate-hiking campaign and signalled it was making progress on fighting inflation.
14 Jun 2023 - Stocks rose Tuesday after new inflation data showed price pressures slowed again in May, adding to investor optimism that the Federal Reserve could skip a rate hike when it next decides on policy this week.