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rising yields pressure megacap stocks
Wall Street flat as rising yields pressure megacap stocks
Wall Street's main indexes were unchanged on Thursday, amid light trading the day after the Christmas break, as rising yields limited gains in equities, while investors looked for a year-end boost from the so-called Santa Claus rally.
Wall Street ends flat as rising yields pressure megacap stocks
With markets increasingly dominated by the
megacap
technology stocks known as the Magnificent Seven, crimping their performance - especially in lieu of other market catalysts - will put downward ...
Stock market today: Wall Street opens lower but remains on track for a winning week
Stocks are opening lower in what should be another day of quiet trading on Wall Street. The S&P 500 is down 0.6% and the the Dow Jones Industrial Average is lower by 209 points, or 0.5%. The Nasdaq composite is down 0.
21h
Nasdaq slides as Mag 7 bleeds, but Wall Street ends holiday week higher
U.S. stocks slumped on Friday, as megacap technology names suffered a bout of selling in a low-volume session. Read more here.
InvestmentNews
10d
Megacap tech stocks are overpowering Nasdaq again
Only a year after having their size clipped in the Nasdaq 100 because they got too big, the world’s largest technology ...
devdiscourse
2d
Santa Claus Rally Under Scrutiny: Stocks, Yields, and Lawsuit Drama
The article examines the performance of U.S. stock markets, focusing on the Santa Claus rally phenomenon. It discusses the ...
11d
Down Over 13% in a Single Day, Is This Megacap Growth Stock Worth Buying in December?
In first quarter fiscal 2024, which ended March 1, 2024, Adobe reported $5.182 billion in revenue, representing 11.3% growth ...
1d
Nasdaq 100: Amazon, Meta Drop as Rising Yields and Crypto Sell-Off Hit Tech Stocks
Nasdaq 100 dips as Amazon and Meta slide. Rising yields and crypto sell-offs weigh on tech stocks. Will markets rebound or ...
3d
Wall Street ends higher as Santa rally begins
Wall Street's main indexes all closed higher on Tuesday, with gains in megacap and growth stocks bolstering benchmarks in a ...
2d
Futures lower in holiday-thinned trading
Heavyweight Nvidia dropped 1.1% in premarket trading, while Google-parent Alphabet shed 0.5%. At 05:03 a.m., Dow E-minis were ...
1d
on MSN
Why Berkshire Hathaway May Be the Most Defensive Megacap Stock
The CEO slashed Berkshire’s Apple stake by two-thirds—and left some $30 billion on the table while incurring a big tax bill.
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