Nasdaq

U.S. stock index futures weakened before the market opened on Thursday, with global stock markets ending a three-day winning streak as disappointing earnings forecasts from Facebook and Instagram owner Meta weighed on technology stocks. As of press time, Dow futures fell 0.5%, S&P 500 futures fell 0.6%, and Nasdaq futures fell 0.9%. Germany\’s DAX index fell 0.4%, France\’s CAC 40 index fell 0.5%, Britain\’s FTSE 100 index rose 1.1%, and Europe\’s Stoxx 50 index fell 0.6%. WTI crude oil rose 0.19% to US$82.97 per barrel. Brent crude oil rose 0.22% to US$88.21 per barrel. U.S. first-quarter GDP data and more financial reports from \”big tech companies\” are scheduled to be released later today, but for now, Meta\’s stock price fell 15% due to thunderous results, causing market sentiment to worsen. Risks are high for tech giants\’ earnings after frenzy around artificial intelligence fueled a record-breaking rally on Wall Street. The market reaction suggests that expectations for a boost to profits from artificial intelligence for companies developing the technology may be exceeded. Robert Alster, chief investment officer at Close Brothers Asset…

As of press time, the Dow futures, dominated by blue-chip stocks, rose 0.24%; the S&P 500 futures rose 0.25%; the Nasdaq 100 futures, dominated by technology stocks, rose 0.29%. Popular Chinese concept stocks rose before the market opened. European stock markets rose. As of press time, Germany’s DAX index fell 0.08%; France’s CAC40 index rose 0.39%; Britain’s FTSE 100 index rose 0.14%. In terms of commodity foreign exchange, as of press time, Brent crude oil fell 1.10% to US$86.33 per barrel. European Automobile Manufacturers Association: EU car sales hit biggest decline in 16 months in March The European Automobile Manufacturers Association said that EU car sales suffered the largest decline in 16 months in March, and Tesla‘s new car registrations in the EU fell by 30% in March. Registrations of pure electric vehicles in the EU fell by 11% to 134,400 in March; the EU’s pure electric vehicle market share fell to 13% from 14% in the same period last year. Swiss gold exports fell 6.9% month-on-month in March Swiss gold exports fell 6.9% month-on-month in March. TSMC’s Q1 net…

U.S. stocks closed lower on Wednesday as crude prices tumbled and investors weighed cautious U.S. Federal Reserve commentary and ongoing geopolitical strife against mixed quarterly earnings. Benchmark U.S. Treasury yields and the dollar eased back from multi-month highs, while gold backed down from its all-time high.   All three major U.S. stock indexes ended the session in the red, with the tech shares dragging the Nasdaq down 1.15%. “April has been a little disappointing for investors, but remember stocks have gained the past five months, some kind of pause or break would be perfectly normal, and we very well could be seeing that right now,” said Ryan Detrick, chief market strategist at Carson Group in Omaha, Nebraska. U.S. Federal Reserve Chair Jerome Powell declined to provide guidance on Tuesday regarding the timing and extent of expected interest rate cuts, but said policy needs to be restrictive for longer, dimming hopes for rate cuts this year. “The realization that Powell is pushing back on when the interest rate cuts might start has added to the overall confusion, solidifying the assumption that…

U.S. stock futures climbed ahead of the opening bell on Monday as global markets calmed and traders speculated that diplomatic efforts would help prevent an escalation in the conflict between Iran and Israel. The dollar and U.S. Treasuries fell, while gold remained strong near $2,350. As of press time, Dow futures were up 0.5%, S&P 500 futures were up 0.6%, and Nasdaq futures were up 0.6%. The German DAX index rose 1.1%, the British FTSE 100 index fell 0.3%, the French CAC 40 index rose 1.0%, and the European Stoxx 50 index rose 1.1%. U.S. Treasuries fell along with the dollar. U.S. WTI crude oil fell below $85 a barrel. Gold prices are hovering at $2,350. Investor nerves remained high over the prospect of Israeli retaliation against Iran, but investors took some comfort when Iran’s mission to the United Nations said the issue “can be considered closed.” The United States and other countries have also called on all parties to exercise restraint and strive to avoid the outbreak of a full-scale regional war. According to officials familiar with the development,…

Glonghui, April 15 | US hedge fund Shah Capital has recommended that Covid-19 vaccine maker Novavax appoint two new independent directors, Suresh Katta and Venkat Peri, to its board. Shah Capital, which owns about 6.7% of Novavax’s outstanding common stock, said the low share price reflected the board and management’s failure to capitalize on many important competitive advantages and seize opportunities in the overall market. “We welcome the views of our shareholders and value their input on our strategy,” Novavax said in a statement. Novavax is one of the most shorted stocks on the Nasdaq (16175.0941, 0.00, 0.00%) and is currently trading near all-time lows. As of last trading day’s close, the stock had fallen more than 53% in the past 12 months. The stock rose about 3.5% premarket.

U.S. stock market: The three major U.S. stock indexes collectively fell. The Dow fell more than 1%, and the Nasdaq and S&P fell nearly 1%. As of the close, the Dow Jones Industrial Average fell 422.16 points from the previous trading day, closing at 38461.51 points, a decrease of 1.09 %; the Nasdaq Composite Index fell 136.28 points to close at 16170.36 points, a decrease of 0.84%. ; The S&P 500 stock index fell 49.27 points to close at 5160.64 points, a decrease of 0.95%. In terms of data, the U.S. announced before the market opened that the CPI in March increased by 3.5% year-on-year, which was higher than market expectations of 3.4% and the highest level since September 2023. Most large technology stocks fell, with Tesla falling more than 2%, Apple falling more than 1%, and Google and Microsoft following suit; Meta, Amazon, and Netflix rose slightly. The chip and semiconductor sectors were among the top decliners, with GF and NXP Semiconductors falling by more than 4%, Intel, Qualcomm, Texas Instruments, and AMD falling by more than 2%; NVIDIA…