Finance
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US stocks slid on Thursday as weak private-sector jobs data prompted a new bout of volatility on Wall Street after a record rally fed by AI optimism. The tech-heavy Nasdaq Composite closed 1.9 per cent…
The sharp pullback in technology names has raised caution among market participants. Stocks retreated on Wednesday as weakness in global tech shares weighed on the market and dented investor sentiment. Earlier, on Nov. 4, the Nasdaq Composite dropped nearly 2%, while the S&P 500 and the Dow Jones U.S. Technology Index fell about 1.2% and…
This article first appeared on GuruFocus. Release Date: November 06, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. AbCellera Biologics Inc (NASDAQ:ABCL) has successfully transitioned from a platform company to a clinical-stage biotech, with phase one clinical trials for ABCL 635 and ABCL 575 underway. The…
US stocks fell sharply on Thursday, with the S&P 500 dropping 0.9%, the Nasdaq falling 1.5%, and the Dow Jones sliding nearly 400 points, weighed down by declines in consumer discretionary and tech shares. Renewed concerns over stretched AI-related stock valuations resurfaced amid mixed earnings reports. At the same time, worries about a sharper cooling…
Call it some air slipping out what might be an AI bubble, or the Fed engineering a tightening in liquidity into a growing economic slowdown, or some combination of the two, but markets are pulling back again on Thursday. Just before the noon hour on the east coast, the Nasdaq is lower by 2% and…
FX Empire – ISM Manufacturing PMI – Sub-ComponentsRising prices and falling employment may fuel speculation about stagflation, potentially weighing on US stock futures. On the other hand, lower prices could boost bets on a December Fed rate cut. Beyond the data, traders should monitor Fed speeches closely. Fed calls to maintain or cut rates amid…
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. The S & P 500 retreated Thursday as fresh economic data stoked Wall Street’s concerns about the labor market’s health. Job cuts last month reached their highest level for…
As the ETF market gets increasingly crowded, issuers often face an uphill battle finding distribution space for new funds, particularly when it comes to actively managed vehicles or those with novel strategies. A recent survey by Cerulli Associates found that 71% of asset managers said it is challenging to find shelf space for active ETFs…
US stocks dropped sharply on Thursday as investors took in the worst layoff data for the month of October in over two decades. Employers announced 153,074 job cuts for October, according to data from Challenger, Gray & Christmas. That represents a 183% increase from job cuts announced in September, and marked the worst October for…
Both the S&P 500 ETF (SPY) and the Nasdaq 100 ETF (QQQ) closed deep in the red over renewed labor market and AI valuation concerns. The Volatility Index (VIX), which measures expected stock market volatility over the next 30 days based on options prices, closed with an 8.72% gain and is now up by 20.64%…