^IXIC - NASDAQ Composite
| Previous Close | 7,425.9556 |
| Open | 7,421.9863 |
| Volume | 844,186,968 |
| Day's Range | 7,357.5034 - 7,434.3306 |
| 52 Week Range | 6,081.9600 - 7,637.2700 |
| Avg. Volume | 2,140,069,838 |
Yahoo Finance Video•1 hour agoNEWS BITES: US, North Korea summit called off, North Korea claims to blown up tunnels to nuclear testing site, environmental groups fight Keystone Pipeline in court
Here’s a quick wrap up of other headlines making news today.
- CNBC Videos•3 hours ago
Markets open mixed after late-day surge
CNBC's Seema Mody takes a look at what's moving in early morning trading.
Reuters•11 minutes agoGlobal Markets: Axed U.S.-North Korea meeting sinks shares; trade worries hurt autos
President Donald Trump's move to cancel a planned June meeting with North Korean leader Kim Jong Un sent global shares lower on Thursday, while auto stocks continued to decline on tariff fears. Trump, in a letter to North Korea released by the White House, called off the June 12 summit, citing "tremendous anger and open hostility" in a recent statement by the East Asian country. The cancellation came even after North Korea followed through on a pledge to blow up tunnels at its nuclear test site.
Reuters•13 minutes agoAxed U.S.-North Korea meeting sinks shares; trade worries hurt autos
President Donald Trump's move to cancel a planned June meeting with North Korean leader Kim Jong Un sent global shares lower on Thursday, while auto stocks continued to decline on tariff fears. Trump, in a letter to North Korea released by the White House, called off the June 12 summit, citing "tremendous anger and open hostility" in a recent statement by the East Asian country. The cancellation came even after North Korea followed through on a pledge to blow up tunnels at its nuclear test site.
- Reuters•23 minutes ago
US STOCKS-Wall St sinks as Trump cancels N.Korea summit, targets car imports
U.S. stocks tumbled on Thursday after President Donald Trump canceled a planned historic summit with North Korean leader Kim Jong Un, heightening concerns over his latest protectionist move as trade tensions with China simmer. Trump canceled the June 12 meeting "based on the tremendous anger and open hostility" in Kim's recent statement, even after North Korea followed through on a pledge to blow up tunnels at its nuclear test site.
MarketWatch•35 minutes agoDow off 160 points as Trump cancels North Korean summit, citing 'tremendous anger and open hostility'
U.S. stock benchmarks traded lower in early Thursday action after President Donald Trump canceled a planned meeting with North Korea. In a letter released by the White House, Trump told North Korean leader Kim Jong Un that the summit "will not take place." The president added that "tremendous anger and open hostility displayed in your most recent statement," was behind the cancellation. In the letter Trump said "you talk about your nuclear capabilities, but ours are so massive and powerful that I pray to God they will never have to be used." The Dow Jones Industrial Average , most recently, was off 170 points, or 0.7%, at 24,714, the S&P 500 index sank 0.5% at 2,720, while the Nasdaq Composite Index retreated by 0.4% at 7,395.
- MarketWatch•42 minutes ago
Stock market extends decline after Trump cancels North Korea summit
U.S. stocks extend opening losses on Thursday, after President Donald Trump cancels a June summit with North Korea, citing “open hostility” from the isolated nation.
Market Realist•57 minutes agoMarkets Tumble, Gold Shines as Trump Cancels North Korea Meeting
In a classic Donald Trump move, the president wrote a letter to North Korean leader Kim Jong-un to cancel their planned meeting in Singapore next month. Trump wrote, “Sadly, based on the tremendous anger and open hostility displayed in your most recent statement, I feel it would be inappropriate, at this time, to have this long-planned meeting.” This meeting was seen as an unprecedented attempt to dissolve tensions between the United States and North Korea, which could have reduced geopolitical risks. The SPDR Gold Shares ETF (GLD), which tracks physical gold, on the other hand, was trading up 1.03%.
Associated Press•1 hour agoStocks slide as Trump says North Korean meeting is canceled
NEW YORK (AP) — U.S. stocks are skidding Thursday after President Donald Trump said he is canceling a planned meeting with North Korean leader Kim Jong Un. Energy companies are falling along with oil prices as investors respond to reports the nations of OPEC may start producing more oil. Car companies including Fiat Chrysler and Toyota are falling as the Trump administration considered tariffs on imported cars and car parts, a move the governments of China, Japan and the European Union condemned.
- Barrons.com•1 hour ago
Markets Now: Dow Drops 250 Points as Canceled Korea Talks Tank Stocks
Want to know why the Dow Jones Industrial Average is doing what it's doing? The Dow Jones Industrial Average has dropped 249.47 points or 1%, to 24,637.34, while the S&P 500 has fallen 0.8% to 2710.31, and the Nasdaq Composite has declined 0.8% to 7363.79. North Korean threats quickly became a cancelled summit, as President Donald Trump used North Korea's "anger and open hostility" as an excuse to call the whole thing off.
- Zacks•2 hours ago
Stock Market News For May 24, 2018
Markets closed slightly higher on Wednesday after the minutes of Fed???s meeting hinted that policy makers aren???t worried about inflation.
- Reuters•2 hours ago
US STOCKS-Wall St drops as Trump cancels N.Korea meet, adds to tariff fears
U.S. stocks dropped on Thursday after President Donald Trump canceled a planned summit with North Korean leader Kim Jong Un, while a slide in oil prices and bank stocks also weighed as investors grappled with fresh U.S. protectionist plans. Trump said he canceled a June 12 summit "based on the tremendous anger and open hostility" in Kim's recent statement.
- Reuters•2 hours ago
US STOCKS SNAPSHOT-Wall St drops after Trump cancels summit with N.Korea's Kim
U.S. stocks fell on Thursday after President Donald Trump called off his planned June 12 summit meeting with North Korean leader Kim Jong Un. "Sadly, based on the tremendous anger and open hostility ...
- MarketWatch•3 hours ago
Trump calls off summit with North Korea's Kim
President Donald Trump called off a planned summit meeting with leader Kim Jong Un of North Korea. In a letter released by the White House, Trump told Kim the summit "will not take place." North ...
- Reuters•3 hours ago
US STOCKS SNAPSHOT-Wall St opens flat as energy stocks, trade worries weigh
U.S. stocks opened flat on Thursday, weighed down by declines in energy stocks as oil prices fell and worries over protectionist trade policies. The Dow Jones Industrial Average fell 9.45 points, or 0.04 ...
Associated Press•5 hours agoGlobal stocks subdued as US mulls auto import tariffs
BANGKOK (AP) — World stock markets were subdued Thursday as carmakers' shares fell after the Trump administration said it was investigating imposing new tariffs on imports of autos and auto parts.
- Investor's Business Daily•5 hours ago
Dow Jones Futures: These Five Top Stocks Are Holding Near Buy Zones
Stock futures were little changed Thursday. President Trump ordered a probe into whether auto imports undermine national security. Apple, Nvidia, Charles Schwab, Microsoft and Splunk are top stocks holding near buy zones.
Reuters•4 hours agoTariff fears hit car shares, lira back on the rack
World shares fell on Thursday as cars become the latest focus of U.S. protectionism worries, while Turkey's lira slumped again despite an emergency interest rate increase. The broader market also gave up morning gains on reports Deutsche Bank planned to shed at least 7,000 staff and as Wall Street futures went negative.
- Reuters•11 hours ago
Chinese internet firm Sina plans secondary listing in HK - sources
HONG KONG (Reuters/IFR) - Chinese web portal and social media firm Sina Corp is planning a secondary listing in Hong Kong, in what would be one of the first floats to take advantage of the city's new rules designed to attract tech equity offerings, two sources said. Nasdaq-listed Sina, which has a 46 percent stake in China's Twitter-like Weibo Corp, is working with advisers on the listing that will likely take place in the fourth quarter, said the sources with direct knowledge of the matter. Sina did not respond to a request for comment.
- The Wall Street Journal•12 hours ago
U.S. Stocks Rise After Fed Minutes
U.S. stocks erased early losses and closed higher Wednesday after minutes from the Federal Reserve’s latest meeting showed the central bank plans to stay on a gradual path of rate increases even if inflation meets its target. Worries about the Fed raising rates faster than expected have buoyed Treasury yields and the dollar lately, and contributed to swings in stocks. Wednesday’s minutes showed the Fed remains on track to raise rates in June as expected, but that the central bank plans to stay on its moderate path as it boosts rates to historically normal levels and unwinds its balance sheet.
- Financial Times•14 hours ago
[$$] US stocks extend slide after Trump scraps N Korea summit
The Nasdaq Composite declined 0.5 per cent to 7,387.84. Meanwhile, the yield on the US 10-year Treasury fell 2.7 basis points to 2.966 per cent, while that on the 2-year slid 3.2 basis points to 2.496 per cent. Yields move inversely to price. The moves came after the president said in a letter to Mr Kim that it would be “inappropriate, at this time to have this long-planned meeting.” Geopolitical fears had eased in recent weeks as Washington and Pyongyang struck a more conciliatory tone leading up to the June 12 summit in Singapore as a step toward denuclearising North Korea.
- CNBC•17 hours ago
Most Asian markets close lower as trade concerns return to focus; Nikkei falls more than 250 points
Asian markets closed mostly lower, with investors cautious over trade-related developments. The U.S. Department of Commerce said it had started a probe into automobile imports. Asian stocks closed mostly lower on Thursday, with investors cautious over fresh trade-related developments as the trade dispute between the U.S. and China remained in focus.
- Associated Press•19 hours ago
Business Highlights
President Donald Trump is casting doubt on the prospects for talks that are designed to head off a trade war between the United States and China. NEW YORK (AP) -- A federal judge in New York says President Donald Trump cannot block his critics on Twitter without violating the First Amendment. Judge Naomi Reice Buchwald issued the written decision Wednesday.
