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The S&P 500 gained 1.1%, with Big Tech companies and banks driving a big part of the rally.(REUTERS)

Strong start to December as S&P 500 index sets another high

By Associated Press | Posted by Prashasti Singh | Associated Press
UPDATED ON DEC 02, 2020 09:06 AM IST
The strong opening to December follows a 10.8% surge for the broad index in November, marking its best month since April.
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Nasdaq Chief Executive Adena Friedman said she wanted to accelerate efforts on diversity in the United States, saying other countries have progressed further.(AP file photo)
Nasdaq Chief Executive Adena Friedman said she wanted to accelerate efforts on diversity in the United States, saying other countries have progressed further.(AP file photo)

Nasdaq asks firms why they do not have women and LGBT directors on board, seeks US approval for diversity rule

By Agence France-Presse | New York
UPDATED ON DEC 02, 2020 09:06 AM IST
The exchange filed a request with the Securities and Exchange Commission to require its 3,300 listed companies to have, or explain why they do not have, at least one female board member and one board member who identifies as either an under-represented minority or LGBTQ.
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A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City.(Reuters File Photo)
A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in Manhattan, New York City.(Reuters File Photo)

Wall Street records break quietly in market that has seen it all

By Bloomberg | Posted by Kanishka Sarkar
PUBLISHED ON NOV 28, 2020 01:17 AM IST
If global stocks finish November with the biggest monthly gain since the late 80’s, investors can rationalize it with the good news: A vaccine gets closer every day. The transition process to a new US president has begun, and Joe Biden’s pick for Treasury secretary is known and trusted.
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A stock ticker with Pfizer stock information is shown at the New York Stock Exchange.(AP)
A stock ticker with Pfizer stock information is shown at the New York Stock Exchange.(AP)

Stocks hit record highs, crude prices jump, on vaccine progress

By Reuters | Posted by Shivani Kumar
UPDATED ON NOV 09, 2020 09:50 PM IST
Pfizer Inc said its Covid-19 vaccine, developed with German partner BioNTech SE, was more than 90% effective in preventing infection, marking the first successful data from a large-scale clinical trial.
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A specialist trader works at his post on the floor of the New York Stock Exchange (NYSE) in New York, US.(Reuters)
A specialist trader works at his post on the floor of the New York Stock Exchange (NYSE) in New York, US.(Reuters)

Stocks open lower a day after their biggest drop since June

By Associated Press | Posted by Shivani Kumar
UPDATED ON OCT 29, 2020 07:46 PM IST
The Nasdaq climbed 0.8% thanks largely to gains in several big technology companies, but other indexes fell. Energy stocks fell along with the price of crude oil.
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Over the past seven years, the Nasdaq 100 has delivered a compounded annual growth rate (CAGR) of around 22% in rupee terms, compared to around 11% for the Nifty.(REUTERS)
Over the past seven years, the Nasdaq 100 has delivered a compounded annual growth rate (CAGR) of around 22% in rupee terms, compared to around 11% for the Nifty.(REUTERS)

Funds move Sebi to lift cap on foreign investments

By Neil Borate | Hindustan Times, Mumbai, Mumbai
PUBLISHED ON OCT 26, 2020 11:33 PM IST
Motilal Oswal Asset Management Co., which has an exchange-traded fund tracking the Nasdaq 100 since 2011, followed it up with a similar product tracking the S&P 500 in April 2020.
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Kolkata: National football club Mohun Bagan supporters celebrate after they defeated Calcutta Customs by 2-0 to lift the Calcutta Football league trophy, in Kolkata, Wednesday, Sept 12, 2018. (PTI Photo) (PTI9_12_2018_000206B)(PTI)
Kolkata: National football club Mohun Bagan supporters celebrate after they defeated Calcutta Customs by 2-0 to lift the Calcutta Football league trophy, in Kolkata, Wednesday, Sept 12, 2018. (PTI Photo) (PTI9_12_2018_000206B)(PTI)

Mohun Bagan features on NASDAQ billboards, goes truly global on its special day

By Press Trust of India | Kolkata
UPDATED ON JUL 29, 2020 04:05 PM IST
Founded in 1889, the 131-year-old city-based club has no dearth of supporters across the world but the American stock exchange paying it tribute by displaying its logo and colours on its billboard holds special significance.
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Although Nasdaq 100 futures declined, contracts on other indexes advanced.(Reuters file photo)
Although Nasdaq 100 futures declined, contracts on other indexes advanced.(Reuters file photo)

Nasdaq 100 futures drop after report of President Trump’s executive order

By Bloomberg| Posted by: Harshit Sabarwal
PUBLISHED ON MAY 28, 2020 12:21 PM IST
United States President Donald Trump’s upcoming executive order aims for federal regulators to review a law that spares tech companies from liability for comments and content posted by users, the Washington Post reported. Investor sentiment was also damped by deteriorating U.S.-China ties.
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Adena Friedman, chief executive officer of Nasdaq.(AP photo)
Adena Friedman, chief executive officer of Nasdaq.(AP photo)

Where’d all the stocks go? Nasdaq’s CEO on shrinking market

By Associated Press | New York
UPDATED ON AUG 19, 2019 01:50 PM IST
Adena Friedman, chief executive officer of Nasdaq, talks about how trading markets are striving to open up to the world even as politicians push for more insularity.
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With companies like Google and Nasdaq at the forefront, bilateral trade in goods and services has grown by nearly 150 per cent.(AP File Photo)
With companies like Google and Nasdaq at the forefront, bilateral trade in goods and services has grown by nearly 150 per cent.(AP File Photo)

Google’s Sunder Pichai, Nasdaq’s Friedman to receive 2019 Global Leadership Award

By Press Trust of India | Washington
UPDATED ON JUN 05, 2019 01:07 PM IST
USIBC Global Leadership Awards recognise top corporate executives from the US and India whose companies play a major role in US-India commercial corridor.
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A man looks at an electronic board showing stock information.(REUTERS)
A man looks at an electronic board showing stock information.(REUTERS)

Tech stocks battered after disappointing Amazon and Alphabet results

By Reuters | Reuters
UPDATED ON OCT 26, 2018 08:14 AM IST
During Thursday’s official trading session, all four FANG stocks rallied by between 3 percent and 7 percent, regaining some of the territory lost in recent weeks during a broad market sell-off. The Nasdaq jumped 2.95 percent, but remained down 10 percent from its August record high close.
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A picture illustration shows icons of WeChat and Weibo app in Beijing.(Reuters File Photo)
A picture illustration shows icons of WeChat and Weibo app in Beijing.(Reuters File Photo)

China’s Weibo site backtracks on gay censorship after outcry

By Press Trust of India | Press Trust of India, Beijing
UPDATED ON APR 16, 2018 05:49 PM IST
Weibo.com was flooded over the weekend with the hashtags “#I’mGay” and “#I’mGayNotaPervert” after the Twitter-like platform said that cartoons and short videos with pornographic, violent or gay subject matter would be investigated over a three-month period.
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A Tesla Model S electric car is seen at a dealership store.(Reuters File Photo)
A Tesla Model S electric car is seen at a dealership store.(Reuters File Photo)

Tesla recalls 123,000 Model S cars over power steering issue

By Agence France-Presse | Agence France-Presse, San Francisco
PUBLISHED ON MAR 30, 2018 04:07 PM IST
The company will replace the faulty power steering bolts in all Model S cars manufactured before April 2016.
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