Page 8 - Latest Updates on Nasdaq
Wall Street slides as strong jobs data fuels interest rate hike worries
Fed Governor Christopher Waller and St. Louis Fed President James Bullard said on Thursday they would support another 75-basis-point rate increase, but forecast a downshift to a slower pace afterward
 "Wall Street slides as strong jobs data fuels interest rate hike worries")
Rajesh Nambiar loses 'executive' role at Cognizant, to remain India head
Rajesh Nambiar shall remain Cognizant CMD and executive Vice-President of India
 "Rajesh Nambiar loses 'executive' role at Cognizant, to remain India head")
Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%
Despite a 0.8 per cent fall in heavyweight Reliance, Bajaj twins, HUL, Asian Paints, Maruti, Titan, Kotak Bank and Nestle led the upmove on the Sensex, moving up to 4.8 per cent higher.
 "Sensex ends 617 pts up, Nifty near 16K; Bajaj twins gain 5%, HUL 4%")
NICL picks Cognizant for accelerating, managing its digital transformation
NICL is one of India's leading public sector general insurance companies
 "NICL picks Cognizant for accelerating, managing its digital transformation")
ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip
CLOSING BELL: The gains in equities coincided with ease in bond yields, where the returns on 10-year government securities fell to a one-month low of 7.35 per cent
 "ITC, HUL, ICICI Bank help lift Sensex 327 pts; Nifty tops 15800; metals dip")
Wall Street begins second-half with losses on economic growth worries
Dow Jones Industrial Average was down 114.85 points, or 0.37%, at 30,660.58, the S&P 500 was down 9.89 points, or 0.26%, at 3,775.49
 "Wall Street begins second-half with losses on economic growth worries")
US stocks see worst first half drop in over 50 yrs amid inflation woes
US stocks have seen their worst first half of a year since 1970, as concerns grow over how steps to curb inflation will affect economic growth.
 "US stocks see worst first half drop in over 50 yrs amid inflation woes")
Is the time ripe for consolidation among new-age technology companies?
A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months
 "Is the time ripe for consolidation among new-age technology companies?")
Byju's offers to buy US-listed edtech firm 2U for over $1 billion
Byju's made the offer of about $15 a share to 2U's board last week, said the person, who asked not to be named as the bid isn't yet public
 "Byju's offers to buy US-listed edtech firm 2U for over $1 billion")
Sharp rate hike bets keep Wall Street subdued, Goldman Sachs lifts Dow
US economy contracted in Q1 amid record trade deficit; BofA upgrades Goldman Sachs, shares rise; General Mills rises as sales beat on higher prices; Bed Bath & Beyond replaces CEO, shares tumble
Wall Street tumbles as weak consumer confidence stokes growth worries
US consumer confidence tumbles in June; Disney rises as Shanghai's Disneyland theme park to reopen; Nike slips on downbeat quarterly revenue forecast
 "Wall Street tumbles as weak consumer confidence stokes growth worries")
Nasdaq turns positive after Fed chair's remarks on policy outlook
In his prepared remarks before the Senate Banking Committee, Jerome Powell reiterated that ongoing increases in the policy rate would be appropriate
 "Nasdaq turns positive after Fed chair's remarks on policy outlook")
Wall St sinks as recession fears ripple through markets; Nasdaq down 3.85%
Growth stocks decline, banks also down; S&P 500 down 22.9% year-to-date
Growth stocks lift Wall Street ahead of Fed's rate decision; Nasdaq up 1.6%
Market heavyweights Apple Inc, Meta Platforms , Alphabet Inc, Microsoft Corp and Amazon.com Inc added between 1.3% and 2.5%
 "Growth stocks lift Wall Street ahead of Fed's rate decision; Nasdaq up 1.6%")
Wall Street slips as growth stocks struggle amid rising bond yields
Tesla gains on surge in China sales, UBS upgrade; 10-year Treasury yield up at 3.04%; Brent above $123 a barrel
S&P 500, Nasdaq edge higher in choppy trade as growth stocks rise
Alphabet, Amazon lead gains among megacap stocks; all eyes on US CPI report later this week; Didi surges on report China to conclude regulatory probe
 "S&P 500, Nasdaq edge higher in choppy trade as growth stocks rise")
World shares steady as oil drops on Saudi Arabia's talk of output boost
Derivative markets pointed to a positive start later in the United States following losses on Wednesday when economic data failed to ease angst over rate hikes to fight inflation.
 "World shares steady as oil drops on Saudi Arabia's talk of output boost")
Meta Platforms to trade on Nasddaq under 'META' ticker from June 9
Meta Platforms Inc said its Class A common stock will begin trading on the Nasdaq under the ticker symbol 'META' prior to market open on June 9, replacing its current ticker symbol 'FB'
 "Meta Platforms to trade on Nasddaq under 'META' ticker from June 9")
Wall Street drops as economic data, weak forecasts re-ignite slowdown fears
Snap set for worst day on record after profit warning; Abercrombie & Fitch slumps after lowering revenue outlook
Wall Street bounces back on boost from banks, Apple; Dow rises over 2%
Broadcom shares decline on potential VMware buyout; JPMorgan rises on upbeat profit forecast
 "Wall Street bounces back on boost from banks, Apple; Dow rises over 2%")
