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Nasdaq News

Nasdaq plunges more than 3% as tech weakness returns

New York - The tech-rich Nasdaq Composite Index dived more than three percent Thursday in afternoon trade as anxiety over pricey technology equities again pushed US stocks into the red. Near 1920 GMT, the Nasdaq plummeted 131.56 (3.14 percent) to 4,052.34.
In the Media by AFP

Nasdaq falls more than 2% as momentum stocks tumble

New York - The tech-rich Nasdaq Composite Index tumbled more than two percent in midday trade Friday in a sell-off that battered most of the sector.Around 1730 GMT, the Nasdaq sank 96.85 points (2.29 percent) to 4,140.89, near the session low of 4,131.03.
In the Media by AFP

Nasdaq reorganizes market services to boost global competitiveness

Nasdaq OMX Group <NDAQ.O> said on Monday it is reorganizing its market services business to better compete globally in fixed income, currencies, derivatives and other asset classes.
In the Media by John McCrank (Reuters)

Nasdaq NLX says 10 percent market share in key contract shows momentum growing

Nasdaq OMX's <NDAQ.O> new London-based derivatives exchange has achieved 10 percent market share in one of its contracts, a level of liquidity that will draw more market participants to connect, ...
In the Media by Clare Hutchison (Reuters)

Nasdaq to roll out 'kill switch' to help catch trading errors

Nasdaq OMX Group <NDAQ.O> plans to roll out a "kill switch" that would cut off trading of its member firms when pre-set limits are breached, the exchange operator said in a regulatory filing.
In the Media by Reuters

Group overseeing data processor agrees to Nasdaq's fixes: source

The committee that oversees the data processor that was at the center of a three-hour trading halt in Nasdaq-listed stocks in August agreed on Thursday to implement fixes demanded by the exchange, accor...
In the Media by John McCrank (Reuters)

Op-Ed: Nasdaq stops all trading as Economic Armageddon looms

The Nasdaq stops all trading partly because we are now on the verge of a historic economic meltdown. The Dow sinks for the sixth day as traders ponder fed exit. We are heading toward a frightening fall and punishing winter decorated in economic collapse.
In the Media by Eliot Elwar - 25 comments

Op-Ed: Aggressive Federal Reserve appears to be listening to Americans

The Federal Reserve today acted boldly, announcing the continuation of historically low interest rates and a $40 Billion a month plan to buy mortgage bonds. As the economy struggles to recover can this bold move work to right the economy?
In the Media by Donald Quinn - 2 comments

Facebook stock hits new low after IPO lockup period ends

It looks like the excitement is officially over. After one of the biggest IPO hypes ever, Facebook's stock has plunged to a new low after its IPO lockup period began to expire and additional shares were eligible for trade.
In the Media by Leigh Goessl - 8 comments

Major League Baseball to ring in 2012 draft season on Wall Street

New York - Six baseball legends will go to Wall Street on Monday to ring the opening bell and commemorate the 2012 First-Year Player Draft.
In the Media by Leigh Goessl
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Facebook celebrates its IPO on the Nasdaq
Courtesy Nasdaq livestream
Facebook celebrates its IPO on the Nasdaq
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