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rising yields pressure megacap stocks
Dow rises for fifth day as megacap stocks face pressure
The Dow Jones Industrial Average closed fractionally higher today, stretching its winning streak to five sessions despite light trading volumes and rising U.S. Treasury yields weighing on some of the dominant technology megacaps.
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.
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.
2d
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.
InvestmentNews
11d
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 ...
1d
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.
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 ...
2d
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 ...
4d
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 ...
3d
As Santa Rally Begins, Wall Street Closes on High Note
After a stellar run to record highs following the November U.S. election, which sparked hopes of pro-business policies under President-elect Donald Trump, Wall Street’s rally hit a bump this month as ...
4d
on MSN
Wall Street advances in short Christmas Eve session on megacap gains
Wall Street's main indexes advanced on Tuesday, as gains in a handful of megacap and growth stocks bolstered benchmarks in a ...
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