^IXIC - NASDAQ Composite
| Previous Close | 9,608.38 |
| Open | 9,651.86 |
| Volume | 8,420,507 |
| Day's Range | 9,627.18 - 9,707.78 |
| 52 Week Range | 6,631.42 - 9,838.37 |
| Avg. Volume | 3,996,486,406 |
- Yahoo Finance Video
Chase Koch joins 'Influencers with Andy Serwer'
In this week's episode of Influencers, Yahoo Finance Editor-in-Chief Andy Serwer speaks with Koch Disruptive Technologies President, Chase Koch, about his venture capital endeavor and what the company is doing to push Koch Industries into the future.
- Yahoo Finance Video
Market Recap: Wednesday, June 3
Stocks rallied on Wednesday, with benchmarks notching four consecutive days of gains, as investors bet on more U.S cities planning to reopen businesses in the near-term as the coronavirus pandemic eased.
- Yahoo Finance Video
MN non-profit raises $30M in donations to bail out George Floyd protesters
The Minnesota Freedom Fund has seen its donations surge in the wake of the protests over George Floyd's death. Member of the Board of Directors on the Minnesota Freedom Fund Steve Boland joins Yahoo Finance’s Kristin Myers to discuss.
- Yahoo Finance Video
Walmart addresses George Floyd protests at annual meeting
Yahoo Finance’s Julia La Roche joins Kristin Myers to discuss the latest headlines from Walmart's annual shareholders meeting.
- Yahoo Finance Video
Fmr. CDC Adviser explains how COVID-19 precautions may decrease flu cases
Former Adviser to the FDA & CDC Dr. Roger Klein joins Yahoo Finance’s Zack Guzman to discuss how recent protests could impact the spread of the coronavirus and developments on a vaccine.
- Yahoo Finance Video
Why now is the best time for IPOs in 2020: EquityZen Founder
Warner Music Group saw shares hit $27 as the company initiated its IPO. EquityZen Founder Phil Haslet joins Yahoo Finance’s On The Move panel to assess the outlook for IPO market in 2020.
- Yahoo Finance Video
How one coffee brand's online sales grew 200% amid COVID-19
illy CEO Massimiliano Pogliani joins Yahoo Finance’s On The Move to discuss the company’s plans for reopening and how the company handled production amid the coronavirus.
- Yahoo Finance Video
Zoom's stock surges on Q1 earnings, Warner Music Group returns to IPO markets
Warner Music Group priced its IPO at $25 a share on Wednesday. Yahoo Finance’s On The Move panel discusses. Meanwhile, Zoom’s shares skyrocketed after the company released its first quarter earnings report. Yahoo Finance’s On The Move panel weighs in.
- Investor's Business Daily
Dow Jones Futures Signal Pause In Coronavirus Stock Market Rally; Two Recent Breakouts Dive On Guidance
Futures signal a pullback with the Nasdaq nearing highs in the hot coronavirus stock market rally. Two software stocks dived below buy points
- MarketWatch
Job-cut announcements fall by 41% in May to second-highest total on record: Challenger
Job cuts announced by U.S.-based employers totaled 397,016 in May, down 40.8% from April's total of 671,129, outplacement firm Challenger, Gray & Christmas said Thursday. It's still the second-highest total since the series started in 1993. Entertainment and leisure companies, including bars, restaurants, hotels, and amusement parks, announced 163,680 cuts in May.
- Yahoo Finance
Stock market news live updates: Stock futures tick down, pausing after rally
Stock futures edged lower Thursday morning, pausing after a rally sent US equities to their highest level in three months.
- MarketWatch
Genius Brands stock rockets more than 2,400% in a month, ahead of ‘important news’ in coming days
Shares of Genius Brands International Inc. blasted off Wednesday on record volume, again, to extend the mind-boggling rally over the past month, ahead of the imminent release of “important news” and the launch of its network brand “Kartoon Channel” later this month.
- Yahoo Finance
A Cheesecake-shaped recovery: Morning Brief
Top news and what to watch in the markets on Thursday, June 4, 2020.
- Investing.com
Comic: Stocks Surge Towards Record Highs As Markets Look Past Civil Unrest
By Jesse Cohen
- FX Empire
E-mini NASDAQ-100 Index (NQ) Futures Technical Analysis – Investors Gunning for New All-Time High
The near-term direction of the June E-mini NASDAQ-100 Index is likely to be determined by trader reaction to the all-time high at 9780.50.
- Reuters
Global Markets: Rally pauses ahead of ECB stimulus plan
The rapid rally in world markets finally paused for breath on Thursday, as traders waited to hear how much more stimulus the European Central Bank plans to shovel out to address the coronavirus slump. The ECB is expected to pump in another 250-500 billion euros for the cause, but after weeks of sharp gains for stocks, oil and confidence-sensitive currencies, investors were taking the chance to lock in some profit. "As always, it's become an asymmetric risk with the ECB," said Gilles Moëc, chief economist of AXA Group, who was waiting to see how much new bond buying stimulus the bank signals and the length of time that it plans to do it.
- Reuters
Rally pauses ahead of ECB stimulus plan
The rapid rally in world markets finally paused for breath on Thursday, as traders waited to hear how much more stimulus the European Central Bank plans to shovel out to address the coronavirus slump. The ECB is expected to pump in another 250-500 billion euros for the cause, but after weeks of sharp gains for stocks, oil and confidence-sensitive currencies, investors were taking the chance to lock in some profit. "As always, it's become an asymmetric risk with the ECB," said Gilles Moëc, chief economist of AXA Group, who was waiting to see how much new bond buying stimulus the bank signals and the length of time that it plans to do it.
- MarketWatch
S&P 500 index futures and those for the broader market rise Wednesday evening after index notches best 50-day rally in history
U.S. stock-index futures were rising Wednesday evening after the major equity benchmarks posted sharp gains in the regular session on continued hope that measures to limit the economic damage wrought by the COVID-19 pandemic will prove successful in the near term. The gains on Wednesday marked the S&P 500 index's best 50-day trading stretch, up 37.7%, ever, according to research analyst Ryan Detrick, LPL Financial analyst on Wednesday via Twitter, based on data tracking the predecessor of the S&P 500 going back to 1950. Such streaks also coincided with positive gains in the six-month and 12-month period, the analysts noted. Futures for the S&P 500 index Wednesday evening were up 7.55 points, or 0.2%, at 3,125, those for the Dow Jones Industrial Average were up 103 points, or 0.4%, at 26,331, while the Nasdaq-100 futures were gaining 14.75 points, or 0.2%, at 9,699.50. Wednesday's regular trade concluded with the Dow advancing 527.24 points, or 2.1%, to close at 26,269.89, while the S&P 500 rose 42.05 points, or 1.4%, to end at 3,112.87, the highest finish for both benchmarks since March 4, according to Dow Jones Market Data. The Nasdaq Composite Index rose 74.54 points, or 0.8%, ending at 9,682.91, or 1.4% away from its all-time closing high of 9,817.18 in February. On Thursday, investors will be watching for a report on weekly jobless claims where at least 1.8 million workers probably applied in the week ended May 30, according to average economists' estimates polled by MarketWatch. Market participants, however, have been shaking off poor economic reports to focus on reopening efforts. Trillions of dollars in stimulus from the Federal Reserve and the government have also helped to stabilize the market's downturn.
- Barrons.com
Stocks Rally on Better Than Expected Job Data for May
A report from Automatic Data Processing showed that far fewer people lost their jobs than expected in May, adding to hope that economy is returning to normal.
- Barrons.com
The Dow Rose 527 Points Because Jobs Data and Boeing Stock Both Soared
Stronger-than-expected May jobs data powered stocks higher despite widespread civil unrest in the U.S., and continued tensions with China. Boeing stock surged on news that an activist invested in the embattled aerospace giant.
- MarketWatch
Nasdaq ends 1.4% off record close as stock-market lurches higher, following economic data pointing to less severe COVID-19 downturn
U.S. stocks finished higher Wednesday, adding to several sessions of gains that left major equity benchmarks at their loftiest levels since early March.
- MarketWatch
Italian trader loses his ‘entire life savings’ on one insanely risky position
When Luckin Coffee shares, which were already down 89% for the year, were halted in April amid an investigation into financial misconduct, losses were felt far and wide. One investor with a PG-13 Reddit name took a particularly grievous hit.
- MarketWatch
Nasdaq ends 1.4% from record high, stocks extend rally on hopes damage from pandemic is less than feared
U.S. stocks closed sharply higher and topped some psychological thresholds Wednesday as a pair of reports suggested the worst might be past for the U.S. economy. The Dow Jones Industrial Average jumped about 527 points, 2.1%, to close near 26,270, while the S&P 500 gained 42 points or 1.4%, ending trading at about 3,123. The Nasdaq closed at about 9,683, up 75 points or 0.8%, finishing about 1.4% from its Feb. 19 record closing high at 9.817.18. Meanwhile, the Nasdaq-100 briefly traded above its February peak, before the coronavirus pandemic wracked markets and the economy. The day's action also saw the Dow punch above the symbolic 26,000 threshold. Job losses and service sector activity weren't as bad as feared in May, according to two separate reports, helping bolster investor sentiment. Travel stocks like Carnival Corp. and real-estate concerns like Simon Property Group Inc. rallied as investors snapped up some of the sectors that lost the most value during the lockdowns.
- Motley Fool
Nasdaq Today: After Strong Earnings, Will Zoom Video Stock Keep Climbing?
The stock market has been extremely volatile since the coronavirus pandemic began, and its recovery has been at least as impressive as its initial plunge in late February and March. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has soared 40% from its March lows, and it's within just a couple of percentage points of a new all-time record high. Nasdaq stocks that have demonstrated an ability to thrive during the coronavirus crisis have gone a long way toward helping the index bounce back.
- MarketWatch
The Nasdaq trades within 2% of a record high as the unbearable lightness of the stock market continues
After a brutal March wrecked an 11-year bull market, there seems be little doubt on Wednesday that equity markets in the U.S. are returning to bullish form again after being rocked by COVID-19.
