Latest News

Nasdaq Stages Epic Intraday Recovery After Russia Invades Ukraine; Adobe, Moderna Lead Boost


© Reuters. Nasdaq Stages Epic Intraday Recovery After Russia Invades Ukraine; Adobe, Moderna Lead Boost

U.S. indices finished higher as stocks sharply rebounded after falling following the Russian invasion of Ukraine.

The Nasdaq composite finished higher by 3.34% to 13,473; The Invesco QQQ Trust Series 1 (NASDAQ: QQQ) gained 3.36% to $340.49
The S&P 500 traded higher by 1.50% to 4,288; The SPDR S&P 500 ETF Trust (NASDAQ: SPY (NYSE:SPY)) gained 1.50% to $428.30
The Dow Jones composite traded higher by 0.79% to 11,179; The SPDR Dow Jones Industrial Average ETF Trust (NASDAQ: NYSE:DIA) finished higher by 0.25% to $332.34
Here are the day’s winners and losers from the Nasdaq, according to data from Benzinga Pro.

Moderna Inc (NASDAQ: NASDAQ:MRNA), Crowdstrike Holdings Inc (NASDAQ: CRWD) and Adobe Inc (NASDAQ: NASDAQ:ADBE) were among the top gainers for the QQQ.

Booking (NASDAQ:BKNG) Holdings Inc (NASDAQ: BKNG), Keurig Dr Pepper Inc (NASDAQ: NASDAQ:KDP) and Pinduoduo Inc – ADR (NASDAQ: PDD) were among the top losers for the Nasdaq.

Elsewhere On The Street
U.S. President Joe Biden offered a second round of economic sanctions on Russia aimed primarily at the nation’s banking industry. But the president acknowledged his first round of sanctions unveiled Wednesday and his repeated threats to enact financial hardship on Russia have yet to make an impact on President Vladimir Putin’s decision to invade Ukraine… Read More

Russia’s invasion of Ukraine and resulting sanctions on Russia are putting pressure on several sectors including commodities. Two precious metals that could be affected by the global crisis are palladium and platinum… Read More

Nikola Corp (NASDAQ: NKLA) was seeing a strong green day Thursday and is headed back toward a channel it once traded in. Support was previously found near the $9 level but could hold as resistance now as the stock is trading below the level… Read More

© 2022 Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

Read the original article on Benzinga

Nasdaq Stages Epic Intraday Recovery After Russia Invades Ukraine; Adobe, Moderna Lead Boost

Disclaimer:Fusion Mediawould like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Square Stock Reverses Up As Earnings Top Estimates Amid Afterpay Acquisition

Previous article

Punishing Putin Through Swift Is Thorny

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News