NASDAQ Financial News

The Dow Jones Industrial Average fell 144.20 points, or 0.42%, at the open to 33,862.68. The S&P 500 opened lower by 24.56 points, or 0.57%, at 4,312.88, while the Nasdaq Composite dropped 90.36 points, or 0.68%, to 13,180.96 at the opening bell.

According to Citigroup (NYSE:C) strategists, there has been a notable shift in sentiment in August and September, transitioning from peak bullish stock positioning to increasingly net short futures positioning.

Investing.com -- Stock futures inch down, hinting a possible reversal from a positive session on Monday, as Wall Street's main indices are on pace to post losses in September. Meanwhile, investors gauge developments in an ongoing budgetary stand-off in Washington, as Moody's (NYSE:MCO) warns that a potential government shutdown caused by the fight will be «negative» for the U.S.'s rating. Elsewhere, President Biden prepares to visit Michigan to show his backing for striking auto workers.

Wall Street's main indexes posted gains on Monday, with increases in Amazon.com shares and the energy sector, as Treasury yields rose further and investors looked to economic data and Federal Reserve policymakers' remarks later in the week for clarity on the path for interest rates. Investors are grappling with the rise in benchmark Treasury yields to 16-year highs after the Fed gave a hawkish longer-term rate outlook. The S&P 500 rebounded on Monday after last week it had its biggest weekly drop since March. There is a «tug of war between investors seemingly getting more concerned about 'higher for longer'… and bulls wondering maybe we have seen the correction and we can start to build from these levels higher,» said Chuck Carlson, chief executive officer at Horizon Investment Services. The Dow Jones Industrial Average rose 43.04 points, or 0.13%, to 34,006.88; the S&P 500 gained 17.38 points, or 0.40%, at 4,337.44; and the Nasdaq Composite added 59.51 points, or 0.45%, at 13,271.32. Among S&P 500 sectors, energy led the way, rising 1.3%, while materials gained 0.8%.

Geelong-based lightweight wheel maker Carbon Revolution’s arduous path to a listing on the Nasdaq exchange has been delayed in its final stages after a United States investment fund agreed to inject $US110 million ($171 million) into the group.

This along with persistent selling by FIIs, rising crude prices, and a spike in bond yields dampened investors' sentiments. «We expect weakness to persist in the market amid cautiousness ahead of the monthly F&O expiry this week,” said Siddhartha Khemka, Head — Retail Research, Motilal Oswal Financial Services. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a negative startGIFT Nifty on the NSE IX traded lower by 59.5 points, or 0.30 per cent, at 19,669, signaling that Dalal Street was headed for negative start on Tuesday.

Investing.com — U.S stock futures were steady during Monday's evening trades, after major benchmark averages snapped 4 sessions of consecutive losses.

By Jamie McGeever

Investing.com — The Dow made a late dash higher to eked out a gain Monday, as an Amazon (NASDAQ:AMZN) fueled rise in tech and a jump in energy stocks helped stocks wriggle away from the squeeze delivered by surging Treasury yields.     

A sluggish day for stocks is keeping September on track to be the worst month of the year for Wall Street

The Dow Jones Industrial Average fell 56.25 points, or 0.17%, at the open to 33,907.59.

By Ankika Biswas and Shashwat Chauhan

Investing.com -- Stocks point into the red to begin the final trading week of September, as equities are feeling the pressure from the Federal Reserve's hawkish policy stance. Elsewhere, traders are cautiously gauging the progress of a budgetary stand-off in Washington, while a tentative deal is reached in the protracted negotiations between Hollywood writers, film studios and streaming services.

Stocks took a hit last week, with the S&P 500 plummeting by more than 3% and the Nasdaq 100 by almost 3.5%. The Russell 2000 fared even worse, dropping nearly 4%. While markets have declined, let’s face the reality: they could dip further. The S&P 500 is only 6% off its peak, and the Nasdaq 100 has decreased just 7.7%. This is relatively modest, considering that the Nasdaq is still up about 38% from its December lows, and the S&P 500 has climbed 23.5% from its October trough.

Investing.com — U.S. stock futures traded marginally lower Monday, with investors still feeling the pressure of the Federal Reserve’s hawkish stance, while a potential U.S. government shutdown draws nearer.

While the Russell 2000 has recovered from breaks of its 200-week MA before, every such test (and break) of the moving average increases the chance of a flip from a level of support to resistance.

Jeresmy Hunt (pictured) is Chancellor of the Exchequer Picture by Simon Dawson / No 10 Downing Street

international funds have offered more than 30% in a one-year horizon, a data crunching by ETMutualFunds showed. There were around 68 schemes in the international category. These 12 schemes were from different geographies such as — NYSE, NASDAQ, US, pan european, global equity. The overseas indices like NASDAQ, NASDAQ 100, NYSE, DAX, and Dow Jones were also up in the last one-year horizon, ranging from 12% to 29%. NASDAQ 100 was up by 29.68%, followed by DAX, which was up by 26.64%. That indicates the performance by these funds in a one-year horizon. The toppers in the list were from Mirae Asset Mutual Fund. Mirae Asset NYSE FANG+ ETF topped the return chart and offered 53.21%, followed by Mirae Asset NYSE FANG+ETF FoF which offered 52.33% in the one-year horizon.

market on weak global cues and substantial selling by foreign investors. The current week marks the September month's F&O expiry, which is expected to bring about volatility in the market. «The factors that have influenced the markets last week may continue to exert some pressure in the current week too,” said Joseph Thomas, Head of Research, Emkay Wealth Management. Here's breaking down the pre-market actions:STATE OF THE MARKETSGIFT Nifty (Earlier SGX Nifty) signals a positive startGIFT Nifty on the NSE IX traded lower by 45 points, or 0.23 per cent, at 19,687.50, signaling that Dalal Street was headed for positive start on Monday.

Exciting news! Mint is now on WhatsApp Channels :rocket: Subscribe today by clicking the link and stay updated with the latest financial insights! Click here! On Friday, the US stock market indices fell on rate hike fears. The S&P 500 slipped 9.94 points, or 0.2%, at 4,320.06. The Dow Jones Industrial Average fell 106.58 points, or 0.3%, at 33,963.84.

Potomac Wealth Advisors President and founder Mark Avallone argues the stock market will rally despite disappointing Fed news on 'Varney & Co.'