Monday gave the Nasdaq Composite the opportunity to join the S&P 500 in setting a new record high. The Nasdaq Composite index hit at 12-year record high of 3,396.21 during intraday trading, thanks to a 2.38 percent advance by Apple (NASDAQ:AAPL).
To be listed on the Shanghai Stock Exchange, the Guotai Nasdaq-100 ETF (513100) will enable Mainland China-based investors to physically track the technology-heavy Nasdaq-100 Index. The emergence of cross-border ETFs on local stock markets such ...
Equity Long/Short funds increased market exposure to 42% from 41% net long; remaining above the 35-40% benchmark level. Macros funds added to their S&P 500 and T-notes shorts, maintained their shorts in the NASDAQ 100, and marginally reduced their ...
The Nasdaq Composite Index gained 0.97 per cent to end at 3,498.97, its highest close in more than 12 years. JPMorgan raised its year-end target for the S&P 500 to 1,715 from 1,580, implying a gain of just under 3.5 per cent for the index for the rest ...
The Nasdaq composite index lost 6.37 points to 3,465.24, a drop of 0.2 percent. Wal-Mart fell 2 percent. The world's largest retailer turned in weaker sales and a dim forecast for profits.
Similarly, the Dow Jones Industrial Average (DJI:DJIA) rose 1.6% on the week to 15,354.40, its 21st record of the year. The major benchmarks, including the Nasdaq Composite (NASDAQ:COMP) , have made a nearly unchecked 16%-17% gain for the year.
The Nasdaq composite rose nine points to 3,471, or 0.3 percent. Macy's rose after beating Wall Street's profit expectations, and Google rose after announcing a several upgrades to its Android operating system for smartphones, including a music ...
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