NASDAQ Composite (^IXIC)
| Previous close | 17,187.90 |
| Open | 17,204.90 |
| Volume |
| Day's range | 17,123.59 - 17,235.73 |
| 52-week range | 12,543.86 - 17,235.73 |
| Avg. volume | 5,501,196,349 |
- Yahoo Finance Video
Stocks little changed, GameStop rally: Market trends of the day
Yahoo Finance's Josh Schafer joins Asking for a Trend to break down the trading day's biggest stories. The markets (^DJI,^GSPC, ^IXIC) remained relatively unchanged ahead of Friday's jobs report, where analysts expect 185,000 nonfarm payroll adds for the month of May. The report will be part of the economic data examined by the Federal Reserve when weighing its next interest rate decision. Many expect rate cuts to start in September as inflation cools. On the retail front, GameStop (GME) is rallying on the return of Roaring Kitty's upcoming livestream and a Reddit post showing an increasing position in the meme stock. For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend. This post was written by Melanie Riehl
- Yahoo Finance Video
Shein IPO, inflation plays, housing supply: Wealth!
On today's episode of Wealth!, host Brad Smith delves into various topics, including company updates, strategies for navigating inflation, and insights into the housing market. In the corporate arena, semiconductor giant Nvidia (NVDA) takes center stage as it prepares for its highly anticipated 10-for-1 stock split on Friday. Brad Smith breaks down the implications of this move for investors. Meanwhile, the retail sector is reacting to news from fashion giant Shein, which is considering an IPO listing on the London Stock Exchange. Yahoo Finance's Rachelle Akuffo breaks down this development and its significance for investors. Amid the persistent challenge of high inflation, GLOBALT Investments Senior Portfolio Manager Thomas Martin joins the show to offer valuable strategies for navigating the stock market in this environment. Furthermore, Yahoo Finance's Madison Mills weighs in on the insights revealed by retail earnings, painting a picture of the state of the consumer in the current economic landscape. Rounding out the episode, Fannie Mae Chief Economist Doug Duncan offers practical tips for navigating the supply constrain dynamics within the housing market. This post was written by Angel Smith
- Yahoo Finance Video
Why European equities are in for a 'period of outperformance'
The European Central Bank's decision to cut rates for the first time since 2019 has sent ripples through the financial markets, prompting investors to seek opportunities within the European landscape. Principal Asset Management chief global strategist Seema Shah joins the Morning Brief to provide insights on capitalizing in this market. Shah recommends focusing on cyclical stocks, citing Europe's "cyclical economic upturn" as a driving force behind her recommendation. She highlights these stocks' attractive valuations, which are considerably lower than in the US. Furthermore, Shah notes that due to the recent rate cut and the possibility of further cuts on the horizon, "European equities are in for a period of outperformance." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
