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NASDAQ Composite (^IXIC)

Nasdaq GIDS - Nasdaq GIDS Real Time Price. Currency in USD
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18,007.57+280.63 (+1.58%)
At close: 05:15PM EDT
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Previous Close17,726.94
Day's Range17,839.76 - 18,040.99
52 Week Range12,543.86 - 18,671.07
Avg. Volume5,757,833,114
  • Yahoo Finance Video

    Kamala Harris, Trump's EV agenda: Market Domination

    US stocks (^DJI, ^IXIC, ^GSPC) remain in positive territory in the wake of President Biden's decision to step out of the 2024 presidential race. Julie Hyman and Josh Lipton bring you the latest market news accompanied by expert analysis on today's episode of Market Domination. Evercore Chairman Emeritus Ralph Schlosstein provides an in-depth look into Vice President Kamala Harris's qualifications for the presidency after Biden endorsed her as the party nominee and what the newly-founded Harris campaign must address about the US economy to gain voters' trust. Jefferies global head of sustainability and transition strategy Aniket Shah also joins the program to discuss former President Trump's potential EV policies should he win reelection, noting Tesla (TSLA) CEO Elon Musk's support of the Republican Party candidate. Other top trending tickers on the Yahoo Finance platform include Nvidia (NVDA), Mattel (MAT), and CrowdStrike (CRWD). This post was written by Luke Carberry Mogan.

  • Yahoo Finance Video

    Kamala Harris is 'incredibly skilled': Evercore's Schlosstein

    President Joe Biden has officially announced his decision to step down from running for re-election in 2024, endorsing his Vice President Kamala Harris as a potential Democratic nominee. Evercore Chairman Emeritus Ralph Schlosstein joins Market Domination to discuss the potential market impact. Schlosstein praises Biden as "an excellent president," and while acknowledging the difficulty of the decision, he believes it's "best for the country and for the Democratic party." He asserts that Harris is "incredibly skilled" and the right choice for the nomination. Regarding economic policies under Harris, Schlosstein notes, "I don't want to be partisan here, but the list of accomplishments of the Biden-Harris administration is pretty long." He cites infrastructure improvements, bringing tech jobs back to the United States, and lowering drug prices among their achievements— things that Trump talked about but were unable to achieve during his tenure as president. "In some respects, there's more agreement than any Democrat or Republican would let you believe about what needs to happen to make our economy strong, and the Biden-Harris government has a pretty good record of getting legislation through on a bipartisan basis," Schlosstein adds. On inflation, Schlosstein emphasizes that the Harris campaign must address its impact on Americans, particularly middle and low-income households. He suggests they will need to communicate "that there's a major effort underway to bring the cost of living down and strengthen wages." "In all honesty, it's not fair to blame President Trump for the unemployment that resulted from Covid, and it's equally not fair to blame President Biden and Vice President Harris for the inflation that occurred as a result of COVID," Schlosstein told Yahoo Finance. Regarding potential Fed rate cuts, Schlosstein believes a September reduction would be reasonable. He notes that "the risk to activity and employment" is now greater than that of inflation, which has been "trending in the right direction," making it "a good time" to return to normalization. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

  • Yahoo Finance

    Biden dropping out presents 'another curveball' for stocks

    Biden sent the US presidential race into unchartered territory over the weekend. Wall Street has so far been measured in reacting to the news.