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The Nasdaq dropped almost 2% and the S&P 500 lost 1%. Traders see potential for fewer rate cuts this year after the latest data. Stock market today: Indexes close lower as new data clouds rate cut ...
Brent crude, the international benchmark, inched up 0.16% to trade at $76.28 a barrel. Gold moved up 0.5% to $2,662 an ounce. The 10-year Treasury yield dipped one basis point to 4.673%.
The trend seems to have persisted, and the Nasdaq Composite is up by 14% so far in 2024. Investors may now feel uncomfortable picking up high-flying Nasdaq stocks after such an exceptional rally.
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The Nasdaq Stock Market (/ ˈ n æ z d æ k / ⓘ; National Association of Securities Dealers Automated Quotations) is an American stock exchange based in New York City.It is the most active stock trading venue in the U.S. by volume, [3] and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. [4]
The Nasdaq-100, which includes 100 of the largest non-financial companies in the Nasdaq Composite, accounts for about 80% of the index weighting of the Nasdaq Composite. [ 1 ] The Nasdaq Composite is a capitalization-weighted index ; its price is calculated by taking the sum of the products of closing price and index share of all of the ...
NASDAQ futures are financial futures which launched on June 21, 1999. It is the financial contract futures that allow an investor to hedge with or speculate on the future value of various components of the NASDAQ market index.