With $2-trillion added since Christmas, the Nasdaq 100 has a shot at beating the market for the 10th time in 11 years. But it may be taking on dot-com-era trappings.
The Nasdaq 100 closed at a record of 7 680.72 on Wednesday, surpassing its August 2018 peak and extending its year-to-date gain past 21%.
Spiralling losses in technology shares have pushed the Nasdaq Composite Index to the precipice of becoming the first major US stock gauge to enter a bear market since 2009.
Is the rout ripping through technology stocks just another garden variety correction? In the long sweep of history, yes. But compared only to selloffs since the bull market began, it’s starting to get extreme.
The cryptocurrency industry is plagued by scandal. Stock exchange operator Nasdaq says it can solve the problem.
Erroneous prices of Nasdaq stocks, including some of the world’s biggest technology companies, flooded traders’ screens after the US market shut early on Monday before a holiday. The prices were distributed by third-party
The South African Financial Exchange has joined a growing list of new exchanges angling to destabilise the JSE’s monopoly over South Africa’s equities market. Its founder, Francois Venter, is a chartered
Cash Paymaster Services (CPS), a subsidiary of Nasdaq- and JSE-listed electronic payments company Net1 UEPS Technologies, has been awarded a five-year contract worth R10bn by the SA Social Security Agency. The will see CPS providing payment services for SA social grants across the country. The award