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NASDAQ

Nasdaq 10,000, or whatever NASDAQ

Nasdaq 10,000, or whatever

After touching the 10,000-point milestone yesterday, the Nasdaq Composite set a new all-time intraday high this morning of 10,028.61, per Yahoo Finance. In more normal times this would be a fanfare moment, the culmination of a long rise in the tech-heavy index indicative of an industry’s rising power. Instead, it…
bubmag
June 10, 2020
Day traders have driven stock-market euphoria to an 18-year high, boosting the odds of a downturn in the next year to over 70%, Citi says NASDAQ

Day traders have driven stock-market euphoria to an 18-year high, boosting the odds of a downturn in the next year to over 70%, Citi says

Reuters / John Gress Day traders have helped to drive stock-market euphoria to an 18-year high, raising the odds of a market downturn in the next year to over 70%, Citi strategists said last week. "These new participants have exploded arguably speculative buying which has goosed up the numbers of…
bubmag
June 10, 2020
Market Extra: Nasdaq on the verge of closing at psychological milestone at 10,000, even as the economy is in recession—here’s how we got here NASDAQ

Market Extra: Nasdaq on the verge of closing at psychological milestone at 10,000, even as the economy is in recession—here’s how we got here

Market Extra Published: June 9, 2020 at 2:56 p.m. ET It took the Nasdaq Composite less than 50 years to touch the psychological milestone at 10,000 Getty Images The Nasdaq Composite Index may finish at an important milestone for the first time ever on Tuesday, underscoring the rebound in technology-related…
bubmag
June 9, 2020
The Technical Indicator: Charting a break to ‘clear skies’ territory, Nasdaq approaches 10,000 mark NASDAQ

The Technical Indicator: Charting a break to ‘clear skies’ territory, Nasdaq approaches 10,000 mark

Technically speaking, the major U.S. benchmarks have taken flight to start June, rising amid distinctly bullish bigger-picture price action. In the process, the Nasdaq Composite has reached all-time highs — previously uncharted territory — as it approaches the marquee 10,000 mark. Before detailing the U.S. markets’ wider view, the S&P…
bubmag
June 9, 2020
NewsWatch: Dow industrials pare early slump and Nasdaq carves out fresh all-time intraday record high NASDAQ

NewsWatch: Dow industrials pare early slump and Nasdaq carves out fresh all-time intraday record high

NewsWatch Published: June 9, 2020 at 12:00 p.m. ET MARKETWATCH FRONT PAGE U.S. stock benchmarks pare early losses on Tuesday and the Nasdaq Composite notches an intraday record high, as fought to find reasons to push stocks to further records amid bullishness about the economy’s ability to rebound from the…
bubmag
June 9, 2020