Barron’s (October 1)
“Like the Y2K disaster or the widespread invasion of murder hornets, the highly anticipated September curse failed to materialize this year. The question is whether or not a rough patch has been avoided or simply delayed. Both the S&P 500 and the Nasdaq Composite recorded their best Septembers since 2010.” Still, some analysts and investors worry that the issues that worried them “before haven’t been resolved, even as investor complacency seems to suggest that they have been.”
Tags: 2010, Analysts, Avoided, Delayed, Highly anticipated, Invasion, Investors, Materialize, Nasdaq, Rough patch, S&P 500, September curse, Worry, Y2K disaster
Investment Week (September 12)
“Over the summer, the FTSE 100, S&P 500, Nasdaq and Japan’s main equity indices enjoyed record highs. Usually, you would think that this was great news…. But, instead, investors are pouring out of funds, as the background noise ratchets up ever higher.” Investor confidence has tumbled “across all global markets, with the biggest hit coming in North America.”
Tags: Confidence, Equity indices, FTSE 100, Funds, Global markets, Investors, Japan, Nasdaq, Noise, North America, S&P 500, Tumbled
Barron’s (May 12)
“The Nasdaq Composite entered a new bull market on Monday as the stock market surged after the U.S. and China agreed to ease back tariffs for 90 days. The tech-heavy index rallied 4.4%, closing more than 20% above its April 8 low to exit the bear market that began on April 4.” That wasn’t the only good news. “The Dow Jones Industrial Average rose 1,161 points, or 2.8%, closing more than 10% above its April 8 low to exit a technical correction. The S&P 500 rallied 3.3%.”
Tags: Bear market, Bull market, China, Dow Jones, Ease, Nasdaq, Rallied, S&P 500, Stocks, Surged, Tariffs, Tech-heavy, Technical correction, U.S.
Traders Magazine (April 10)
“The push toward 24-hour trading…. is now becoming more pronounced, as major exchanges and trading platforms adapt to the evolving needs of global markets.” Gaining momentum, the transition is driven by “the influx of capital from international markets.” Major exchanges—including the NYSE, NASDAQ, and CBOE—now recognize “the value in extending their market hours.”
Tags: 24-hour trading, Capital, CBOE, Evolving needs, Exchanges, Global markets, Influx, Major exchanges, Markets, Momentum, Nasdaq, NYSE, Trading platforms, Transition
Barron’s (March 6)
“The Nasdaq Composite closed in correction territory as Wall Street sold pretty much everything in response to the Trump administration’s latest tariff rhetoric.” Both the S&P 500 and the Dow also dropped amid a tariff saga that has left investors shaking. “The uncertainty surrounding Trump’s tariff plans have caused headaches for market participants. There are also fears among some economists that policy uncertainty will send sentiment falling further until it triggers a recession.”
Tags: Correction territory, Dow, Economists, Fears, Headaches, Investors, Market participants, Nasdaq, Recession, S&P 500, Sentiment, Sold, Tariff, Trump, Uncertainty, Wall Street
MarketWatch (May 16)
“Hold on to your hats. The Dow Jones Industrial Average briefly traded above 40,000 for the first time ever Thursday but ended the day shy of a milestone that investors said could help further boost bullish spirits on Wall Street.” The Dow’s attempt to close “above 40,000 comes amid a broader rally that saw the blue-chip gauge, the S&P 500 and the Nasdaq Composite ll close at record highs on Wednesday.”
Tags: Blue-chip gauge, Bullish spirits, Dow, Investors, Milestone, Nasdaq, Rally, S&P 500, Wall Street
Institutional Investor (May 31)
Last December, “the SEC proposed a set of trading reforms detailing significant changes on vital features such as tick size, the access fee cap, and competition for retail orders.” NASDAQ broadly supports the moves, but worries that “they may not accomplish what the SEC is trying to accomplish” or lead to “unintended consequences that harm liquidity.” Instead, NASDAQ and others believe the SEC “should sequence the proposals rather than do them simultaneously and pause periodically to assess the impacts and determine whether additional reforms are warranted.”
Tags: Access fee cap, Assess, Competition, December, Impacts, Liquidity, Nasdaq, Proposals, Retail orders, SEC, Sequence, Tick size, Trading reforms, Unintended consequences
Motley Fool (July 2)
“During the first six months of 2022, the S&P 500 dropped 20.6%, marking its worst first-half performance since 1970” while “the Dow had its largest first-half drop since 1962” and “the Nasdaq… had its largest percentage drop in its history.” This has left “a lot of investors worried, and understandably so. But while things might seem bleak right now, the reality is that investors really shouldn’t panic.”
Tags: 1962, 1970, 2022, Bleak, Dow, Drop, First-half, Investors, Nasdaq, Performance, Reality, S&P 500, Worried, Worst
Financial Times (May 9)
To increase market access and streamline operations, “many of the world’s largest financial exchanges are transforming the way they run global capital markets” by adopting cloud computing technologies. CME Group “will move its IT infrastructure and markets to the cloud” through a partnership with Google while “Nasdaq and Amazon Web Services announced a similar collaboration” to transfer Nasdaq’s “North America-based markets to a cloud computing environment.” As the transition progresses, AI and quantum computing look poised to play more integral roles.
Tags: AI, AWS, Capital markets, Cloud computing, CME Group, Collaboration, Financial exchanges, Global, Google, IT infrastructure, Market access, Markets, Nasdaq, Operations, Streamline, Transforming
Wall Street Journal (May 5)
“Berkshire Hathaway Inc. is trading at more than $421,000 per Class A share, and the market is optimistic. That’s a problem.” The share price “has nearly hit the maximum number that can be stored in one common way exchange computers handle digits.” Nasdaq Inc.’s system tops out at $429,496.7295 and had to suspend “broadcasting prices for Class A shares of Berkshire over several popular data feeds.” Nasdaq says a fix is in the works for later this month.
Tags: Berkshire Hathaway, Class A share, Digits, Exchange computers, Market, Nasdaq, Suspend, Trading
