It did not take long for the US major indices to turn back into the negative after running higher at the open.
- The Dow industrial average is now down -66 points or -0.2% at 33173.42
- S&P index is down -4.11 points or -0.10% at 4171.10
- NASDAQ index is down -37.85 points or -0.30% at 12452.89
- Russell 2000-6.90 points or -0.37% 1883.54
At the session highs,:
- Dow industrial average was up 352.38 points
- S&P was up 56.4 points
- NASDAQ index is up 213.05 points
The NASDAQ
NASDAQ
The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass
The Nasdaq Stock Market or NASDAQ is an American stock exchange. It trails only the New York Stock Exchange (NYSE) in market capitalization and is part of a network of stock markets and options exchanges.Launched back in 1971, NASDAQ is the acronym for the National Association of Securities Dealers Automated Quotations. Since then it is known simply as NASDAQ and has become one of the most influential exchanges worldwide.The NASDAQ was the world’s first electronic stock market, and has since ass
Read this Term index is now back below the 38.2% retracement of the range since the pandemic low in March 2020. That level comes in at 12552.36. The swing low from March 2021 is the next target at 12397.05. As a point of reference the corrective move at the start of the pandemic saw the NASDAQ moved down -32.04%. The NASDAQ has fallen over 23% from its all-time high reached in November.
NASDAQ testing 2021 lows
Needless to say markets are very volatile. There are a slew of earnings
Earnings
A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price
A company’s earnings represent its profits or net benefits as a result of its operation.Earnings are the net benefits of a corporation's operation. Earnings can be calculated as EBIT, i.e. earnings before interest and taxes, and EBITDA, i.e. earnings before interest, taxes, depreciation, and amortization.Earnings are valuable tools for investors of company shares as they can often highlight a company’s financial standing and performance. Better performances can result in strengthened share price
Read this Term after the close including Meta, Ford, PayPal, Qualcomm, Pinterest, servicenow.
