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© 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.com. Benzinga does not provide investment advice. All rights reserved.
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Nasdaq Stages Epic Intraday Recovery After Russia Invades Ukraine; Adobe, Moderna Lead Boost
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