NASDAQ Composite (^IXIC)
Nasdaq GIDS - Nasdaq GIDS Delayed Price. Currency in USD
|Day's Range||5,191.86 - 5,253.39|
|52wk Range||4,209.76 - 5,275.74|
|Avg Vol (3m)||1,845,075,781|
- Editor's PickYahoo Finance•51 minutes ago
The de facto standard measure of implied volatility in the markets – the CBOE VIX – had been anchored below 13 since the beginning of July (the lowest readings in a year) and only recently broke above 14. Some of this has to do with seasonal trends, but much of the slowness can be attributed to a market “Waiting for Godot.” In this metaphorical version of Beckett’s play, the part of Godot will be played by the inimitable Federal Open Market Committee and its leader, Janet Yellen. It has become tiresome to endlessly discuss the influence of the Fed (and to a lesser extent the ECB, BOE, BOJ and PBOC), but to ignore this issue would be to ignore reality.
- Editor's PickYahoo Finance•7 hours ago
All three major averages (^DJI, ^GSPC, ^IXIC) turned higher after Fed Chair Janet Yellen sounded a little less dovish when speaking in Jackson Hole this morning. “Indeed, in light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal funds rate has strengthened in recent months,” Yellen said. Anheuser-Busch InBev (BUD) expects its merger with rival SABMiller to lead to about a 3% reduction in its workforce over the next three years, once the deal is complete.
- Editor's PickYahoo Finance•yesterday
All three major averages (^DJI, ^GSPC, ^IXIC) were lower in early trading, as investors remained cautious ahead of a key speech by Fed Chair Janet Yellen Friday and despite some strong economic data. Separately, the Commerce Department reported that orders for durable goods increased by 4.4% last month. The biotech firm said it will cut the cost of its EpiPen by half, through a savings card which will cover up to $300 of the EpiPen 2-pak.