Stock market live updates: Dow up 200, Fed assembly on deck, Snowflake doubles in huge IPO thumbnail

Stock market live updates: Dow up 200, Fed assembly on deck, Snowflake doubles in huge IPO

LIVE UPDATESCNBC.com staffThe major indexes moved higher on Wednesday as traders reacted to the Federal Reserve’s projection of low interest rates for years. Struggles for major tech stocks weighted on the Nasdaq Composite to keep it lower than the Dow and S&P 500. Investors also kept an eye on the IPO market as cloud company…

Tesla’s stock has plunged 34% in one week thumbnail

Tesla’s stock has plunged 34% in one week

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today.Tesla’s shares have plummeted more than 34% in the past week, marking a huge reversal in for what has been one this year’s hottest stocks.Telsa’s shares tumbled to $330.21 at the market’s close on Tuesday,…

U.S. stock futures reverse losses as investors focus on Big Tech thumbnail

U.S. stock futures reverse losses as investors focus on Big Tech

U.S. stock futures turned higher in choppy trade Friday, after falling in after-hours trade following a tech-fueled sell-off.Dow Jones Industrial Average futures implied an opening gain of more than 200 points, while both S&P 500 futures and Nasdaq 100 traded higher.Shares of major tech companies declined in after-hours trading, although were off earlier lows. Apple…

Stock futures dip as Wall Street takes a breather after strong start to September thumbnail

Stock futures dip as Wall Street takes a breather after strong start to September

Michael Nagle | Bloomberg | Getty ImagesFutures contracts tied to the major U.S. stock indexes dipped in Thursday early morning trade as investors looked to pare already-robust gains seen on Wall Street so far this week.Dow futures slipped 64 points. S&P 500 and Nasdaq-100 contracts also traded in mildly negative territory.The early morning trading action…

Best laptop under $500 of 2020 in stock from HP, Lenovo, Acer and more thumbnail

Best laptop under $500 of 2020 in stock from HP, Lenovo, Acer and more

Looking for the best laptop under $500 for Windows or Chrome OS (aka a Chromebook)? The supply of cheap notebooks is drying up again. It looks like it’s hitting parents that their kids aren’t going back to school, so cheap laptop supplies are beginning to look as volatile as they did at the height of the initial coronavirus-induced work-from-home…

DocuSign Stock Rides Zoom Earnings’ Coattails, But Will It Last? thumbnail

DocuSign Stock Rides Zoom Earnings’ Coattails, But Will It Last?

Zoom and DocuSign stock just went parabolic in Tuesday trading.But putting earnings in perspective makes the shares look pricey.And the pandemic economy might not be forever.The Nasdaq Composite hit another record high Tuesday. The tech-heavy benchmark has gained roughly 3% since Thursday when Jerome Powell said the Fed wouldn’t mind a little bit of inflation.…

Stock futures flat in overnight trading after S&P 500 and Dow notch best August since 1980s thumbnail

Stock futures flat in overnight trading after S&P 500 and Dow notch best August since 1980s

A man walks past the Wall Street Charging Bull in New York, the United States, March 24, 2020.Wang Ying | Xinhua News Agency | Getty ImagesStock futures were flat in overnight trading on Monday after Wall Street notched its fifth consecutive month of gains.Futures on the Dow Jones Industrial Average rose about 20 points. The…

Economist: Stock Market Clowns Have Blown a ‘Mega-Bubble’ in the Dow thumbnail

Economist: Stock Market Clowns Have Blown a ‘Mega-Bubble’ in the Dow

The stock market is at record highs, even though the U.S. economy isn’t. Concentrated bets on a handful of titanic companies have the major U.S. indices soaring. Economist David Rosenberg warns this is a “mega-bubble” – and the pop is going to be “spectacular.” As the stock market continues to wind its way higher, Wall…