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Wall Street rally lifts Nasdaq 20% from low as inflation fears to ebb

Wall Street rally lifts Nasdaq 20% from low as inflation fears to ebb

The Fed is now expected to achieve a 50 basis point hike in September Consumer price growth slows in the United States in July Musk sells Tesla shares worth $6.9 billion Volatility index closes at four-month low NEW YORK, Aug 10 (Reuters) – Wall Street surged on Wednesday, putting the Nasdaq more than 20% above …

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Nasdaq closes lower as chipmaker Micron's warning renews tech rout

Nasdaq closes lower as chipmaker Micron’s warning renews tech rout

Micron stumbles on lower revenue forecasts Semiconductor stocks drop for third session Novavax plummets after halving revenue NEW YORK, Aug 9 (Reuters) – The Nasdaq closed on Tuesday after a dismal forecast from Micron Technology dragged chipmakers and tech stocks lower as investors await inflation data in the United States that could lead the Federal …

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Wall Street ends mixed as investors watch jobs data

Wall Street ends mixed as investors watch jobs data

Indices: Dow slips 0.26%, S&P 0.08%, Nasdaq up 0.41% Energy stocks fall as oil slumps to pre-war level in Ukraine Eyes on Friday’s nonfarm payrolls report Aug 4 (Reuters) – Wall Street’s major indices ended a lackluster session on Thursday as gains in high-growth stocks offset losses in energy stocks as investors awaited the monthly …

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