S&P 500 and Nasdaq Hit Records as Oil and Treasury Yields Ease
The S&P 500 and Nasdaq reached intraday records as chip stocks advanced and oil and Treasury yields eased, shifting attention to earnings and Fed minutes.
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The S&P 500 and Nasdaq reached intraday records as chip stocks advanced and oil and Treasury yields eased, shifting attention to earnings and Fed minutes.
The Nasdaq gained 1.05% to a record close as SpaceX and major tech stocks climbed, even with Treasury yields above 5.3% and services price pressures rising.
Nike shares fell about 5% after its results, extending a slide to 13-year lows as a revenue miss and weak annual outlook overshadowed an earnings beat.
Accenture and Synopsys rally on financial updates, Vicor lifts its outlook, and a patent ruling sends United Therapeutics and Liquidia in opposite directions.
U.S. stock trading is moving toward a 23-hour, five-day schedule as major exchanges and regulators prepare market infrastructure for near-round-the-clock access to equities.
Nearly $7 trillion in U.S. equity options expired during September’s triple witching, the second-largest expiration on record, raising questions about whether the removal of dealer positioning could leave the S&P 500 more vulnerable to volatility.
S&P 500 market breadth has fallen to a five-month low, with only 42% of constituents above their 50-day moving averages despite the index remaining near record highs.
A record $9.6 trillion in U.S. options exposure is set to expire by September 18, including $6.2 trillion concentrated on the quarterly triple-witching session.
The SEC is preparing for a potential shift toward round-the-clock U.S. stock trading while proposing major rule changes designed to accommodate blockchain and tokenized securities.
U.S. stocks lost roughly $300 billion after Fed Chair Kevin Warsh warned that inflation remains too high, boosting expectations for another rate hike.
Nasdaq will introduce an overnight trading session on December 6 and is seeking approval to eventually offer trading for up to 23 hours a day.
SpaceX shares have fallen to a new all-time low, wiping approximately $1.48 trillion from the company’s market value in just 37 days and dropping well below their $135 IPO price.
Strategy shares fell to a 23-month low as the company’s unrealized Bitcoin losses climbed to approximately $11.2 billion.
Elon Musk reportedly lost more than $350 billion in a single day as SpaceX shares fell below their opening-day trading price.
South Korea’s KOSPI index plunged nearly 10%, erasing more than ₩800 trillion in market value and triggering trading halts.