Tag: #Nasdaq
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Pakistani envoy Asad Khan rings New York Stock Exchange’s closing bell
NEW YORK, Jan 22 (APP): Pakistan’s Ambassador to the United States, Asad Majeed Khan, Tuesday rang the NESTOL closing bell at the NASDAQ Stock Exchange in New York at a prestigious ceremony that signals the end of trading for the day on Wall Street. NASDAQ is the premier United States Stock Exchange, while NESTOL is…
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Wall Street stocks end lower after US attack kills Iran general, Dow -0.8%
New York, Jan 4 (AFP/APP): Wall Street stocks ended a winning streak of records to finish solidly lower Friday, as Iran vowed to avenge the US killing of one of its top military commanders in Baghdad. The Dow Jones Industrial Average lost 0.8 percent to end the session at 28,634.88. The broad-based S&P 500 dropped…
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S&P 500, Nasdaq close out 2019 with best gains in 6 years
New York, Jan 1 (AFP/APP): Wall Street on Tuesday closed out a banner year, with US stocks recording their best performance since 2013. In Tuesday’s final moments, the major indices also squeaked into positive territory for the day following President Donald Trump’s announcement of a date to sign a landmark trade agreement with China. The…
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Nasdaq streak of records ends after mixed session for Wall Street
New York, Dec 28 (AFP/APP): Wall Street had a mixed finish to a quiet week Friday, with the Dow edging to a fresh record, but the Nasdaq retreating after 10 straight all-time highs. The muted session in New York came after European bourses edged higher after two straight holidays, while the dollar pulled back. The…
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Nasdaq ends above 9,000 for 1st time, Dow also hits record
New York, Dec 27 (AFP/APP): The tech-rich Nasdaq finished above 9,000 for the first time on Thursday, powering to its 10th straight record on gains by Amazon and other tech giants. The Nasdaq surged 0.8 percent to finish the post-holiday session at 9,022.39. The other two major indices also finished at records in a sleepy…
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US stocks rally shows sign of fatigue as FedEx sinks
New York, Dec 19 (AFP/APP): Global stocks were mixed Wednesday, with Wall Street’s rally showing signs of fatigue as FedEx shares dived on disappointing earnings. Major US indices notched a string of records in recent sessions following last week’s initial US-China trade agreement. But only the Nasdaq managed to eke out another new peak on…
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US stocks end mostly higher as Nasdaq hits new record
New York, Nov 13 (AFP/APP): US stocks ended mixed on Tuesday but the Nasdaq posted a new record even though investors still have not received clarity on an agreement to end the US-China trade war. Attention now will shift to back-to-back testimony Wednesday and Thursday by Federal Reserve Chairman Jerome Powell but it is unlikely…
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Dow edges to another record on trade optimism
New York, Nov 6 (AFP/APP): Wall Street stocks paused Tuesday in record range on rising hopes over US-China trade talks as US services sector data topped expectations. The Dow mustered a narrow record for a second day in a row, while the S&P 500 fell slightly and the Nasdaq was flat. Hopes that the United…
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Dow, S&P 500, Nasdaq end at records on optimism on trade
New York, Nov 5 (AFP/APP): Wall Street stocks surged to fresh records on Monday on optimism over international trade talks and continued positive momentum from solid economic data and earnings. The Dow Jones Industrial Average finished at 27,462.11, up 0.4 percent and about 105 points above the previous all-time high in July. The broad-based S&P…
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Infosys shares plunge 14% after whistleblower allegations
Mumbai, Oct 22 (AFP/APP): Shares in Indian IT giant Infosys slumped more than 14 percent on Tuesday as the firm launched a probe into whistleblower complaints alleging its top executives acted unethically to inflate revenues. The letter, a copy of which was sent to the US Securities and Exchange Commission, said the CEO and chief…