^IXIC - NASDAQ Composite
| Previous Close | 7,406.90 |
| Open | 7,364.05 |
| Volume | 1,190,924,157 |
| Day's Range | 7,193.77 - 7,371.09 |
| 52 Week Range | 6,630.67 - 8,133.30 |
| Avg. Volume | 2,381,958,125 |
- Yahoo Finance•1 hour ago
Trump: 'Presidential harassment' is hurting the stock market
President Donald Trump tweeted Monday that Democrats could harm markets with their "Presidential Harassment."
- Reuters•6 minutes ago
US STOCKS-Nasdaq falls 2 pct as Apple, chip stocks hit by weak forecasts
The Nasdaq Composite index fell about 2.5 percent on Monday, hit by a slump in Apple Inc shares after two suppliers cut their forecasts, sparking a selloff in other iPhone component makers and weighing on technology stocks. Apple shares fell 4.4 percent to $195.40, their lowest since July 27, after Lumentum Holdings Inc, the main supplier for Face ID technology, and screen maker Japan Display Inc cut their forecasts.
Associated Press•7 minutes agoTech giants slide, pulling US stock market sharply lower
A broad sell-off in technology companies pulled U.S. stocks sharply lower Monday, knocking off more than 450 points from the Dow Jones Industrial Average. Apple, Amazon and other big names fell. Banks ...
- Reuters•9 minutes ago
Dollar hits 16-month high; tech woes crunch stocks
By Lewis Krauskopf NEW YORK (Reuters) - The U.S. dollar surged on Monday to its highest point in 16 months against a basket of currencies and world stocks fell broadly amid concern about political risks ...
Reuters•14 minutes agoDollar hits 16-month high; tech woes crunch stocks
The U.S. dollar surged on Monday to its highest point in 16 months against a basket of currencies and world stocks fell broadly amid concern about political risks in Europe, while U.S. and European technology shares were hammered. Indexes were weighed down by a 4.3-percent slump in index heavyweight Apple, after an iPhone parts supplier cut its outlook. In Europe, fears about a no-deal Brexit and a growing rift over Italy's budget put pressure on the euro and the pound.
- MarketWatch•22 minutes ago
Dow sinks 500 points in midday trade as the stock market contends with a fresh threat: a rising dollar
The Dow Jones Industrial Average midday Monday was trading near session lows, amid a firming U.S. dollar. Last week, investor sentiment was buffeted by a rapid decline in crude-oil prices , which fell into bear-market territory, defined as a drop from a recent peak of at least 20%. And while that threat has stabilized somewhat, with the Organization of the Petroleum Exporting Countries considering cuts to production to address rising crude-oil inventories, a new problem appears to be knocking stocks around. Some market participants were attributing a rise in the dollar to a roughly 1 1/2-year high as one of the key factors producing fresh headwinds for the broader market. A popular gauge of the buck, the ICE U.S. Dollar Index was trading up 0.5% at 97.43, representing its highest level since June of 2017, according to FactSet data. A stronger dollar can hurt sales of multinational companies, making goods relatively more expensive to customers purchasing abroad. Meanwhile, the bond market was closed in observance of Veterans Day. Most recently, the Dow was down 495 points, or 1.9%, at 25,492, the S&P 500 index was off 1.7% at 2,734, while the Nasdaq Composite Index retreated by 2.6% at 7,215. To be sure, a decline in shares of Apple Inc. after a series of negative reports on its holiday shipping also was weighing on technology and internet-related stocks and the broader market. A sharp decline in shares of Goldman Sachs Group Inc. also was delivering a hefty blow to the Dow and the broader market.
- MarketWatch•31 minutes ago
CNBC’s Jim Cramer says stock market is in ‘a very serious correction’ — and there’s nowhere to hide
Jim Cramer, CNBC’s “Mad Money” host and a prominent fixture among market commentators on Monday said the market is enduring “a very serious correction.”
- GuruFocus.com•55 minutes ago
World Stocks Red Monday
OPKO Health advances on 3rd-quarter earnings and revenues
- MarketWatch•1 hour ago
Dow drops 400 points as oil prices and dollar climb
U.S. stocks are lower Monday as investors digest developments in the crude-oil market, and contend with a rising dollar, with bond markets closed in observance of Veterans Day.
- Market Realist•2 hours ago
Why Lumentum Holdings Inc. Is Tanking over 30%
One can only assume that the large customer is Apple Inc. (Nasdaq: AAPL), and this idea finds support in the report “Apple warns suppliers of 20% drop in new iPhone parts orders,” published by Nikkei Asian Review back on June 8. In the report, the authors stated that Apple had “asked its supply chain to prepare around 20% fewer components for iPhones debuting in the latter half of 2018,” so it looks like their information was spot-on once again.
- MarketWatch•2 hours ago
Goldman's 6% stock drop carves 90 points from Dow in early Monday action
Shares of Goldman Sachs Group Inc. turned sharply lower early Monday and was producing the stiffest headwind for the Dow Jones Industrial Average. Shares of Goldman were off 6% or $13.12, at $209.44. The decline was cutting about 100 points from the Dow , in midday trade. A $1 move in any one of the Dow's 30 components equates to a swing of 6.8 points from the price-weighted stock-market index. The Dow was down 437 points, or 1.7%, at 25,560. Meanwhile, the S&P 500 index was down 1.6% at 2,736, and the Nasdaq Composite Index was trading 2.8% lower at 7,201, in an ugly day for the broader stock market.
- Market Realist•3 hours ago
Why Apptio Inc. Is up Over 50% Today
Apptio Inc. (Nasdaq: APTI) is up over 50% at the open of today’s trading session after announcing that it has agreed to be acquired by Vista Equity Partners for $1.94 billion, or approximately $38 per share. The $38 price tag represents a 52.9% premium to Apptio’s closing price of $24.85 on Friday, which is all investors could really ask for unless they bought in near its 52-week high of $41.36 back in September. Over the next 30 days, Apptio will be permitted to “actively initiate, solicit, encourage, and potentially enter negotiations” with other companies, so the deal with Vista is not set in stone just yet, but I personally do not foresee a bidding war and think the deal will close as is.
- MarketWatch•3 hours ago
Nasdaq's 1.6% intraday tumble takes tech-heavy stock-market gauge to roughly 2-week low
The Nasdaq Composite Index early Monday was the worst performer among the three main U.S. benchmarks, with its drop putting the index on track to close at its lowest level in about two weeks. The Nasdaq was down 1.7% at 7,280. A close there would mark the technology and internet-related index's lowest level since Oct. 30 when it finished at 7,161.65, according to FactSet data. A sharp decline in shares of Apple Inc. was weighing on the broader market, including the market-capitalization S&P 500 and the price-weighted Dow Jones Industrial Average .
- Reuters•3 hours ago
US STOCKS-Apple, tech sector crushed by weak forecasts
U.S. stocks fell for a third day on Monday, as a slump in Apple Inc shares following weak forecasts from two of its suppliers hit the technology sector. The iPhone maker fell 3.8 percent after laser sensor maker Lumentum Holdings Inc slashed its forecast, saying a large unnamed customer had materially cut orders, while screen maker Japan Display Inc lowered its full-year outlook on weaker demand from smartphone makers. Lumentum plunged 30.9 percent and shares of other iPhone suppliers including chipmaker Cirrus Logic Inc, Qorvo Inc and Skyworks Solutions Inc fell between 3 percent and 10 percent.
- MarketWatch•3 hours ago
Apple's stock exacts 55-point toll from Dow industrials, in early morning action
The Dow Jones Industrial Average was trading solidly lower early Monday, with shares of Apple Inc. producing the greatest headwind for the price-weighted benchmark in early action. Shares of Apple were down more than $8.15, or 4.1%, which equates to a 55-point loss for the Dow. Apple's stock was tumbling after Lumentum Holdings Inc. slashed its earnings and revenue outlook, saying it received a request from "one of its largest industrial and consumer customers for laser diodes for 3D sensing" to "materially reduce shipments" during the fiscal second quarter, which ends in December. A separate report from JPMorgan Chase & Co. analysts was negative on the iPhone maker. That customer is believed to be Apple. The Dow was down 235 points, or 0.9%, at 25,752. A $1 move in any one of the Dow's components translates to a a roughly 6.8-point swing. Meanwhile, the S&P 500 index fell 0.9% at 2,756 and the Nasdaq Composite Index was trading 1.5% lower at 7,292. Apple is the biggest company by market value and one of the most influential within the Dow by virtue of its share price. That fact makes Apple a key catalyst for market moves among the three main stock benchmarks.
- MarketWatch•4 hours ago
Which markets are closed on Veterans Day?
Veterans Day, intended to pay homage to U.S. military servicewomen and men, kicks off on Monday. As a result, bond markets will be closed on the federal holiday.
- Zacks•4 hours ago
Stock Market News For Nov 12, 2018
Wall Street closed sharply lower on Friday as the U.S. crude price plunged below a key psychological barrier escalating concerns of a global growth slowdown
- MarketWatch•4 hours ago
Dow sinks by more than 100 points at the open; Oil rebounds as OPEC weighs production cut
U.S. stocks opened lower Monday as investors wrestled with developments in the oil industry. Bond markets, meanwhile, were closed in observance of Veterans Day. The Dow Jones Industrial Average fell 106 points, or 0.4%, at 25,877, the S&P 500 index edged 0.5% lower at 2,766, while the technology-laden Nasdaq Composite Index traded 1% lower at 7,329 at the open. Crude-oil prices , which have weighed the broader market sentiment, were trading firmly higher after the Organization of the Petroleum Exporting Countries, said if current supply and demand levels don't shift, it would advocate a production cut of around 1 million barrels a day. Swing producer Saudi Arabia, meanwhile, pledged to reduce crude output after U.S. oil prices fell into a bear market, defined as a drop of at least 20% from a recent peak. Meanwhile, the dollar jumped to its highest level in a year-and-a-half, partly on the back of expectations for higher U.S. interest rates. In corporate news, SAP SE agreed to purchase Qualtrics International Inc. for $8 billion in cash.
- Reuters•4 hours ago
US STOCKS SNAPSHOT-Wall Street opens lower as Apple drags
U.S. stocks opened lower on Monday, as a slide in Apple Inc after weak forecasts from two of its suppliers and losses in tobacco companies offset early gains from a rebound in oil prices. The Nasdaq Composite dropped 42.86 points, or 0.58 percent, to 7,364.05 at the opening bell.
- Barrons.com•7 hours ago
Dow Drops 44 Points in Quiet Veterans Day Trading
STOCKSTOWATCHTODAY BLOG 6:24 a.m. We’re staring at a mixed market in what looks to be a quiet Veterans Day. Yes, the markets are open today, even though banks are not. S&P 500 futures have declined 0.
- Reuters•2 hours ago
Global Markets: Dollar jumps on Europe risks, Fed bets; stocks weaken amid tech nerves
The U.S. dollar surged on Monday to its highest point in 16 months against a basket of currencies and world stocks fell broadly amid concern about political risks in Europe, while a drop in Apple shares added pressure to U.S. equities and tech shares. Major U.S. stock indexes dropped more than 1 percent in initial trading, weighed down by a 4.6 percent slump for index heavyweight Apple, after an iPhone part supplier cut its outlook. In Europe, fears about a no-deal Brexit and a growing rift over Italy's budget put pressure on the euro and the pound.
- Bloomberg•12 hours ago
Markets Will Continue Their Tug of War
The Dow Jones Industrial Average was up more than 500 points, or 2.1 percent, the Nasdaq Composite rose 2.6 percent, and the S&P 500 Index gained 2.2 percent. The immediate cause of the rallies was the split Congress that emerged as Democrats gained control of the House of Representatives and Republicans increased their majority in the Senate. There were also powerful economic forces at play in the markets.
- Bloomberg•12 hours ago
Markets Will Continue Their Tug of War
The Dow Jones Industrial Average was up more than 500 points, or 2.1 percent, the Nasdaq Composite rose 2.6 percent, and the S&P 500 Index gained 2.2 percent. The immediate cause of the rallies was the split Congress that emerged as Democrats gained control of the House of Representatives and Republicans increased their majority in the Senate. There were also powerful economic forces at play in the markets.
