Nasdaq said last year that some 40 members of the S&P 500 have migrated, with 24 of those companies now in the Nasdaq-100 index.
Spot bitcoin ETFs have gained popularity since their January 2024 debut, drawing billions in inflows as investors seek regulated, liquid exposure to the cryptocurrency
Infosys' revised revenue growth guidance indicates a weaker Q4, likely contributing to the decline in its ADRs. This drop suggests a potential weakness in the company's domestic shares when trading resumes in the Indian stock market on January 17.
Donald Trump will ring the New York Stock Exchange opening bell on December 12, coinciding with his selection as Time magazine’s 2024 "Person of the Year." The bell-ringing, a prestigious tradition marking the trading day's start, has featured notable figures like Ronald Reagan and Nelson Mandela. Trump, who earned the title in 2016, joins a lineup that previously included Joe Biden, Kamala Harris, and Taylor Swift. Known for leveraging stock market performance to tout his presidency's success, Trump returns to his roots as a New York real estate mogul while embracing his political resurgence with this symbolic and high-profile moment.
The stock exchange regularly invites celebrities and corporate leaders to participate in the ceremonial opening of trading, particularly to mark anniversaries and initial public offerings.
Multiple stocks listed on the NYSE such as Berkshire Hathaway, Chipotle Mexican Grill and Barrick Gold were halted for volatility.
Reddit reserved 8% of the shares on offer for eligible users and moderators, certain board members, and friends and family members of its employees and directors
The pact would also allow companies listed on the NYSE to expand their business and tap capital in Abu Dhabi, John Tuttle, the vice chairman of the NYSE, told Bloomberg News in an interview.
The S&P 500's rally to start the year is set to be tested by a first-quarter earnings season that investors expect to show tepid results. So far, analysts have largely retained last week's expectations of a near-5 percent year-on-year fall in quarterly profits at S&P 500 companies
Traders were betting that chances of a 50-basis-point rate hike at the Fed's March meeting were around 60 percent, up sharply from a probability of 31 percent before Powell's Tuesday and Wednesday appearances in Congress
Rising bond yields tend to weigh on equity valuations, particularly those of growth and technology stocks, as higher rates reduce the value of future cash flows
The S&P 500 climbed 1.15 percent to end the session at 4,137.32 points. The Nasdaq gained 1.48 percent to 11,891.79 points, while the Dow Jones Industrial Average rose 1.11 percent to 34,246.13 points
Stunning gains in shares of companies such as Nvidia, Netflix and Meta Platforms are lifting sectors that struggled in last year’s selloff, including technology, and communication services
Yields on the benchmark 10-year Treasury note rose to their highest in more than a month following an auction on Thursday of 30-year bonds that saw weak demand
Traders are keeping a close eye on speeches by Fed officials this week for any change in the central bank's rhetoric after data last week showed services activity was strong in January as well as strong job growth
US job growth accelerated sharply in January, with nonfarm payrolls surging by 517,000 jobs, well above an estimate of 185,000. The unemployment rate hit a more than 53-1/2-year low of 3.4 percent
When markets are closed, it participates in a well-worn routine, with NYSE staffers turning on and off systems to ensure everything works.
After Monday, there will be no over-the-counter market trading of the American Depositary Shares (ADSs) in the US due to regulatory restrictions under the Indian law.
The Dow Jones Industrial Average rose 330.93 points, or 1 percent, to 33,375.49, the S&P 500 gained 73.76 points, or 1.89 percent, to 3,972.61 and the Nasdaq Composite added 288.17 points, or 2.66 percent, to 11,140.43
Tata Motors: The filing of Form 25 comes around two months after the global automobile manufacturer said it is terminating its American Depository Share programme.
The Dow rose 345.09 points, or 1.05 percent, to 33,220.8; the S&P 500 gained 66.06 points, or 1.75 percent, at 3,849.28; and the Nasdaq Composite added 264.80 points, or 2.59 percent, at 10,478.09
All 11 of the S&P 500 sector indices fell on Wednesday. Energy stocks were the biggest losers, dipping over 2.2 percent as worries over demand in China weighed on oil prices
US consumer confidence rose to an eight-month high in December as inflation retreated and the labor market remained strong while 12-month inflation expectations fell to 6.7 percent, the lowest since September 2021
Banks face a potential double whammy: While a recession could hurt loan growth and increase credit losses, higher rates threaten to shrink profit margins if the interest that lenders pay out on deposits eats away at interest earned from loans
The Dow Jones Industrial Average fell 281.76 points, or 0.85 percent, to 32,920.46; the S&P 500 lost 43.39 points, or 1.11 percent, to 3,852.36; and the Nasdaq Composite dropped 105.11 points, or 0.97 percent, to 10,705.41