Category: NASDAQ

11,000 Nasdaq Could Be Just the Beginning as Market Mania Rages
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11,000 Nasdaq Could Be Just the Beginning as Market Mania Rages

The Nasdaq Composite has gained 22% year-to-date on the back of surging technology plays. The Nasdaq’s biotech component is also surging amid vaccine optimism. Wall Street analysts have identified several Nasdaq-100 stocks with significant upside potential. Combined, they could take the index to new record highs. The technology sector’s epic bull run of 2020 is…

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Dow, S&P 500, Nasdaq Under Pressure as Economic Recovery Stalls
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Dow, S&P 500, Nasdaq Under Pressure as Economic Recovery Stalls

The Dow and S&P 500 declined on Thursday while the Nasdaq reversed losses. Initial jobless claims are rising again amid a worsening Covid-19 outbreak. U.S. GDP recorded its largest-ever contraction in the second quarter. The Dow and broader U.S. stock market declined on Thursday over revelations that the economic recovery was losing momentum in July.…

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Nasdaq Smashes All-Time High as Tech Stocks Remain Immune to Virus Risk
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Nasdaq Smashes All-Time High as Tech Stocks Remain Immune to Virus Risk

The Nasdaq Composite Index peaked at 10,310.36 on Thursday, a new record. Technology and communication stocks continue to outperform the broader stock market. A better than expected jobs report fueled investor appetite ahead of the Independence Day long weekend. The Nasdaq Composite Index surged to new all-time highs Thursday, extending its streak of market-beating returns…

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The NASDAQ Is Up 15% For The Year: Are Tech Stocks Invincible?
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The NASDAQ Is Up 15% For The Year: Are Tech Stocks Invincible?

The NASDAQ is up 15% for the year despite harrowing economic data. There are some signs that tech stocks could be in another bubble. But it’s also not hard to see why markets think they’re invincible. The NASDAQ Composite is up an incredible 15.73% for the last twelve months. Yes, these last twelve months. Imagine…

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The Nasdaq Ballooned $1 Trillion Since Jim Cramer Called It ‘Overvalued’
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The Nasdaq Ballooned $1 Trillion Since Jim Cramer Called It ‘Overvalued’

Well this aged awkwardly. Last July, Jim Cramer admitted tech stocks “have some outrageous valuations,” but “it’s not like we’ve gone crazy.” Over the next seven months, the Nasdaq grew 18% – over a trillion dollars. But Jim Cramer is still cautiously bullish today. And most corporate businesses fear a harrowing recession ahead. Just when…

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