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NASDAQ Composite (^IXIC)

Nasdaq GIDS - Nasdaq GIDS Real Time Price. Currency in USD
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15,683.37-181.88 (-1.15%)
At close: 05:15PM EDT
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Previous Close15,865.25
Open16,276.50
Volume4,387,826,000
Day's Range15,654.51 - 15,957.03
52 Week Range11,798.77 - 16,538.86
Avg. Volume5,211,485,483
  • Yahoo Finance Video

    Magnificent Seven drags stocks lower: Top takeaways

    The three major US stock indexes (^GSPC, ^DJI, ^IXIC) closed lower on Wednesday. The Magnificent Seven led the drop, with powerhouse Nvidia (NVDA) losing over 3.5% at close. Those seven stocks have become a significant part of the S&P 500, meaning their losses and gains can have an outsized impact on the index. Traders are also contending with "bumpy" earnings and inflation data. Yahoo Finance Reporter Josh Schafter joins Market Domination Overtime to break down the trends in the market and the top market takeaways for April 17. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino

  • Yahoo Finance Video

    June looks like 'only possibility' for rate cut: Strategist

    With recent comments from Federal Reserve Chair Jerome Powell throwing doubts on the timing of the next interest rate cut, the debate as to when there could be cuts and how many continues across Wall Street. Concerns about whether or not the Fed could even implement another rate hike have also been considered. Regan Capital CIO Skyler Weinand joins Market Domination to discuss how the economy has been managing during higher-for-longer rates and gives insight into the Fed's path for monetary policy. Weinland explains why June could very well be the only clear window for the Fed to cut rates: "They have a very, very minute window to cut which is June. That's the only possible time for them to cut. They're not going to cut in July which is in between the Republican and Democrat convention. They're not going to cut in the fall right before the election. So June is the only possibility for them to cut, and the data is telling us that... everything is going great. If anything the economy is running too hot and they might need to raise interest rates." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino

  • Yahoo Finance Video

    Stocks traditionally do well under higher rates: Strategist

    Portfolio managers may have to adapt and revise their interest rate forecasts as it is increasingly likely the Federal Reserve may extend its higher-for-longer hold on rates. With a waning rally from the S&P 500 (^GSPC) in 2024's second quarter, where are the entry points into the market investors to consider when managing their portfolio? BMO Capital Markets Chief Investment Strategist Brian Belski joins The Morning Brief to discuss elevated interest rates remaining higher for longer may actually be in the best interest of investors and how they can take advantage of it. Belski offers advice he thinks investors should be aware of: "We think that most investors are massively underexposed [to] small and mid-cap [stocks]... If you had $100, only $8 out of that $100 is comprised of small/mid-cap stocks that are publicly traded [and] based in the United States, that's Apple (AAPL) and half of Microsoft (MSFT). Think about that. If you're a stock picker, right? You're salivating at that because then you can say I can have tracking my portfolio and add some really great small/mid-cap franchises... From a large-cap perspective, we like tech and financials, and it's not all Magnificent Seven, because the Magnificent Seven is not all tech stocks..." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino