Home Tags NASDAQ
Markets were boosted by Federal Reserve rate cuts, waning recession fears, the phase-one US-China trade deal, and increased Brexit certainty.
The stock market boom may just be getting started — Citi sees 90% odds that equities will rip higher in 2020
Despite plenty of reasons to worry, the odds favor the equity bulls next year, says Tobias Levkovich, Citi's chief US equity strategist.
The index was driven higher by new hopes for a partial US-China trade deal. A deal could be signed as soon as this month, President Trump said Friday.
A new venture backed by Morgan Stanley and UBS is seeking to become a low-cost alternative to the New York Stock Exchange and Nasdaq
Members Exchange is looking to launch as early as mid-2020, and may offer early traders rebates to kick off activity on the new exchange.
Nasdaq’s CEO was reportedly so eager to win WeWork’s IPO that she proposed creating an entire stock market index named after it
Adena Friedman told WeWork's Adam Neumann she would create the "We 50" for environmentally conscious companies, The Wall Street Journal reported.
Peloton's open was the third-worst since 2008, trailing only SmileDirectClub and ADT. Shares slumped more than 11% by market close.
The coworking startup is battling concerns about its path to profitability and governance ahead of its IPO.
"Treasury yields are climbing away from record lows on Friday...the movements in the bond markets are poised to remain on investors radars in the week ahead."
Apple is poised to add $40 billion to its market cap and surge past the $1 trillion mark after blowout earnings
Apple stock rose 4% in premarket trading after earnings that saw services revenue jump 13% to a record high of around $11.5 billion
China hopes the new equities market will encourage more domestic investment as well as encourage Chinese businesses to list at home.