^IXIC - NASDAQ Composite
| Previous Close | 9,340.22 |
| Open | 9,346.12 |
| Volume | 4,102,636,351 |
| Day's Range | 9,144.28 - 9,414.62 |
| 52 Week Range | 6,631.42 - 9,838.37 |
| Avg. Volume | 4,076,328,387 |
- Yahoo Finance Video
Pompeo: Hong Kong is no longer autonomous from China
Secretary of State Mike Pompeo tweeted that he reported to Congress that Hong Kong is no longer autonomous from China. Kim Catechis, Martin Currie’s Head of Investment Strategy joins Yahoo Finance Akiko Fujita to break down the growing tensions between Beijing and Washington, D.C.
- Yahoo Finance Video
Buyers looking for home offices: CEO on real estate purchases during pandemic
Brown Harris Stevens CEO Bess Freedman joins Yahoo Finance’s On The Move to assess the future of New York real estate post-pandemic.
- Yahoo Finance Video
More companies will file for chapter 11 in the near future: Gordian Group President
The coronavirus hit retailers hard, causing businesses to file for bankruptcy across the world. Peter Kaufman, Gordian Group President joins Yahoo Finance’s On The Move panel to weigh in on the differences between chapter 7 and chapter 11 bankruptcy.
- Yahoo Finance Video
U.S., China trade tensions escalate, we must be 'be careful about how we view it'
Seema Shah, Principal Global Investors Chief Strategist, joins Yahoo Finance's Alexis Christoforous and Brian Sozzi to discuss what she has her eye on around Wednesday's opening bell.
- TheStreet.com
China Headline Risk, Valuation Station and a Workday Play
WDAY looks ready to break out as traders weigh wether markets are now overbought after this 2-day run.
- Yahoo Finance
Stock market news live updates: Stock futures mixed ahead of jobless claims report
Stock futures were mixed Thursday morning, mostly holding gains after the S&P 500 pushed to an 11-week high a day earlier.
- Investor's Business Daily
Dow Jones Futures Rise As Coronavirus Market Rally Rotation Continues; China OKs Hong Kong Security Law
Dow Jones futures rose and Nasdaq futures fell as coronavirus stock market rally sector rotation continues. China OK'd a national security law for Hong Kong.
- MarketWatch
Stock-index futures edge higher after Dow retakes 25,000
Stock-index futures trade mostly higher Thursday, a day after the Dow Jones Industrial Average closed above 25,000 and the S&P 500 retook the 3,000 level in a rally fueled by optimism over the reopening of the economy in the wake of the COVID-19 lockdowns.
- MarketWatch
Why hedge-fund manager Bill Ackman says he dumped Berkshire Hathaway but held on to these winners
Pershing Square Capital Management hedge-fund manager Bill Ackman told investors on a call on Wednesday that he is dumping Warren Buffett’s Berkshire Hathaway. The stocks he bought more of and is keeping are worth paying attention to.
- MarketWatch
Why one stock-market bull, who called the bounce off March lows, now sees the S&P 500 rising another 7% by August
Stifel’s Barry Bannister lifts his target for the S&P 500 to 3,250, citing signs the worst of the economic hit from the COVID-19 pandemic are past.
- Yahoo Finance
Why one strategist doesn't think the stock market rally is done: Morning Brief
Top news and what to watch in the markets on Thursday, May 28, 2020.
- MarketWatch
China's legislature approves national security law for Hong Kong: reports
China's ceremonial legislature has endorsed the national security law for Hong Kong, according to wire service reports. According to the South China Morning Post, 2,878 deputies voted in favor and one voting against, while six abstained. The move comes amid ratcheting tensions between the U.S. and China, with Secretary of State Mike Pompeo saying Hong Kong is no longer autonomous from China.
- Reuters
Wall Street frets as 'unloved' stock rally powers on
While the benchmark S&P 500 index has surged 34% from its March lows and the Nasdaq Composite is just 6% short of record highs, investors are more bearish than they have been in years and key measures such as unemployment and gross domestic product are giving their worst readings since the Great Depression. The dichotomy between market performance and investor sentiment echoes the "There Is No Alternative" argument that dominated investor thinking in the recent pre-Covid era, when ultra-low rates around the world and the U.S. economy’s relative outperformance pushed global investors into U.S. stocks, even as they fretted about historically high valuations and weak earnings.
- Investing.com
Comic: What Crisis? Wall Street Jumps Back Towards All-Time Highs
Investing.com - U.S. stock markets have been in rally-mode this week, as Wall Street grows more optimistic about the economy reopening, despite uncertainty over the coronavirus pandemic and growing tensions between the U.S. and China.
- MarketWatch
The Dow just punched above an important line in the sand that may signal that a record high is next
The Dow closes above a key technical level that is viewed by market technicians as a signal that a new bullish trend may be at hand.
- MarketWatch
‘100,000 people died, Joe, and all you did was try to help your friend the president,’ says Sorkin of CNBC co-anchor Kernen
The final word on the COVID-19 pandemic hasn’t been written yet, but that didn’t prevent testiness between anchors Joe Kernen and Andrew Ross Sorkin during the business channel’s morning show “Squawk Box.”
- Barrons.com
The Dow Rose 553 Points Because Financials Had a Great Day
The strongest performers in the Dow were hard-hit financials. American Express stock surged 7.3%, Goldman Sachs Group stock gained 6.9%, and JPMorgan Chase stock added 5.8%. All three remain in the red for the year to date, however.
- MarketWatch
Dow closes 550 points higher, as investors look past dismal economic data and escalating U.S.-China tensions
Major U.S. stock benchmarks roared higher Wednesday, despite the battered state of the economy and rising tensions between Beijing and Washington as investors focused on efforts to reopen more states for business.
- Yahoo Finance
Stock market news live updates: Stocks push higher as investors shake off China jitters
Stocks rose Wednesday and pushed passed earlier concerns over increasingly tense U.S.-China relations, which had sent the S&P 500 and Nasdaq into negative territory earlier in the session.
- MarketWatch
Dow ends 550 points higher as rotation into cyclical stocks picks up pace
Stocks ended sharply higher Wednesday, with the Dow Jones Industrial Average closing back above the 25,000 level and the S&P 500 ending above 3,000 as the industrial and financial sectors led the way. The move continued a rotation that has seen investors move into stocks that are more closely tied to the economic cycle, leaving shares of tech companies, which were seen holding up best during the COVID-19 lockdowns, lagged behind. The Dow Jones rose around 553 points, or 2.2%, to end near 25,548, according to preliminary figures, while the S&P 500 advanced around 44 points, or 1.5%, to close near 3,036. The tech-heavy Nasdaq Composite ended near 9,412, a gain of around 72 points, or 0.8%. Financials were the strongest gainer of the S&P 500's 11 sectors, rising 4.3%, followed by industrials, which rose 3.3%. The information technology and and communications services sectors were laggards, each rising 0.5%.
- MarketWatch
Fed’s Beige Book says businesses are pessimistic about pace of a recovery
Most business contacts were pessimistic about the prospect of a speedy recovery, according to the latest Beige Book survey released by the Federal Reserve on Wednesday.
- MarketWatch
CNBC’s Jim Cramer says a quick recovery is ‘tough to bet on’ — so here are the stocks he’s recommending
Back in late April, the CNBC host created an index of stocks he believed were positioned to benefit from the reeling pandemic-era economy. Now, he says, it’s time to make some adjustments.
- Investor's Business Daily
Dow Jones Fights To Hold Gains Above 25,000; Tech Stocks Struggle
The Dow Jones Industrial Average has been a bright spot in today's stock market action, holding its gains from yesterday's bullish run.
- Investor's Business Daily
Dow Jones Slashes 350-Point Gain; Tesla Cuts Prices, While Warren Buffett Stock Surges 28% On Earnings
The major stock indexes were sharply mixed early Wednesday. Warren Buffett stock StoneCo soared 28% on earnings.
- MarketWatch
Stocks open higher as investors eye re-opening economies
U.S. stocks were mostly higher at the open Wednesday, looking for a second straight session of gains, on growing optimism that governments around the world will be able to loosen lockdown measures in place to combat the coronavirus pandemic. The Dow Jones Industrial Average opened about 351 points, 1.4%, higher, near 25,347, while the S&P 500 jumped about 28 points or .9% to open near 3,019. The Nasdaq Composite Index was about 13 points or 0.1% higher, opening near 9,353. Travel operators like Carnival Cruise Lines and Delta Airlines Inc. roared higher, but tech heavyweights like Amazon.com Inc. sold off as investors looked to beaten-down stocks for better values.
