Stock Market Keeps Breaking Records
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Yesterday, in a rerunning of its markets-model forecast, it eased up on some of its U.S. optimism, pointing to stretched valuations in U.S. equities. Notably, U.S. growth stocks are now seen growing at a rate barely beating inflation expectations.
The S&P 500 closed at an all-time high for the ninth time this month, while the tech-heavy Nasdaq hit its 13th record July close.
Investors held onto hopes that the U.S. and Japan’s trade agreement could lead to a tariff breakthrough with other countries, and pushed the S&P 500 and Nasdaq Composite to fresh record highs.
Nasdaq beat Wall Street estimates for second-quarter profit on Thursday, as volatile markets boosted trading volumes while first-half listings on its eponymous exchange hit their highest since 2021.
About This EventMega Fortune (Nasdaq: MGRT), an innovative Internet of Things (IoT) company based in Hong Kong, visits the Nasdaq MarketSite in Times Square to ring the Closing Bell, celebrating its official listing on the Nasdaq Stock Market and 14th anniversary of delivering cutting-edge BPO services and IoT integration solutions,
For anybody hunting for parallels between contemporary markets and 1999, BTIG’s Jonathan Krinsky has a chart that might be of interest.
Nasdaq CEO said on Thursday the strong performance of recent large-cap IPOs has improved the outlook for new listings, riding high after beating second-quarter profit estimates that sent the exchange operator's shares up 7%.
Live Updates Live Coverage Updates appear automatically as they are published. Still Bullish on American Airlines? 11:03 am In analyst action, JPMorgan analyst Jamie Baker lowered his price target on American Airlines (Nasdaq: AAL) to $17 after the company warned yesterday it will definitely lose money in Q3,