Sunday, October 1, 2023
  • Nasdaq FintechZoom
  • Dow Jones FintechZoom
  • Gold Price FintechZoom
  • Luxury FintechZoom
  • Investment FintechZoom
  • Money FintechZoom
  • Silver Price FintechZoom
[email protected]
 FintechZoom
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Watches
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Entertainment
    • Health
    • Cars
    • Near Me
    • Life
    • Weather Tomorrow
  • INVESTMENT
    • Real Estate
    • Famous Investors
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom: Carving Your Path
    • Fintech Zoom Logo
    • FintechZoom PRO
    • FintechZoom Contacts: Best Ways to Connect with FintechZoom
No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Watches
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Entertainment
    • Health
    • Cars
    • Near Me
    • Life
    • Weather Tomorrow
  • INVESTMENT
    • Real Estate
    • Famous Investors
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom: Carving Your Path
    • Fintech Zoom Logo
    • FintechZoom PRO
    • FintechZoom Contacts: Best Ways to Connect with FintechZoom
No Result
View All Result
FintechZoom
No Result
View All Result

Nasdaq Market Zoom (April 27): Nasdaq index loose -0.01%

Jung Min-seo by Jung Min-seo
April 27, 2022
in Nasdaq, Nasdaq Market Zoom, Special
0

Home » Nasdaq Market Zoom (April 27): Nasdaq index loose -0.01%


  • Nasdaq index gains 1% on the day as investors await tech giants’ earnings. 
  • According to analysts, the recent gains are short-lived. 
  • Technically, the index remains capped by a 20-period SMA. 

Technology stocks gained 1% on the Nasdaq Composite. S&P 500 gains were broad-based, with 10 of the 11 sectors rising. Communication services were the only group to lose ground.

In response to earnings reports, inflation concerns, and the prospect of quick Federal Reserve policy tightening, the Nasdaq plunged its most significant percentage drop since September 2020 on Tuesday, while the Dow plummeted by more than 800 points. 

Over the year, the major US stock indices declined significantly: the S&P 500 fell 12%, and the Nasdaq Composite fell 20%. Tuesday’s Nasdaq closing price was the lowest since December 2020, wiping out gains made in 2021. Likewise, Tuesday, the Russell 2000 Small Cap Index closed at its lowest level since December 2020.

On Wednesday, the move higher was viewed as more than a temporary recovery rally.

Tracey McMillion, head of global asset allocation strategy at Wells Fargo Investment Institute, stated, “I think investors are finding value in current prices because shares have been so weak.”

According to Seema Shah, chief strategist at Principal Global Investors, she sees the next stock market move either sideways or downward.

RelatedPosts on FintechZoom

Mixed Bag of Results: Dow -0.16%, S&P500 +0.046% & NASDAQ -0.29%

The Impact of Dovish Fed Comments on Tech-heavy Nasdaq (-1.16%) and S&P 500 (-0.71%)

The Dow Jones Industrial Average Strikes a Century-Old Record

Pressure on Global Wheat Prices and Nasdaq in Red -2.05%

Stock Market Today: A Shift Towards Positive Territory

Understanding the Performance of the Dow Jones Industrial Average Today

Despite the gains, Ms Shah said she doesn’t believe they will be sufficient to keep the market afloat. She said that the team is now recommending a neutral recommendation for the overall stock position.

“The risks only compound over time,” she said. For example, pennies should not be collected before the ice rink.

The likes of Facebook parent Meta Platforms and Ford are expected to report earnings after Wednesday’s close.

FactSet data shows that nearly 80% of S&P 500 companies’ reported earnings have beaten analyst expectations. Nevertheless, Emily Roland, co-chief investment strategist at John Hancock Investment Management, said investors remain focused on several broad issues affecting markets.

Nasdaq technical analysis:

The Nasdaq index price forms a bllish pin bar candle after recovering from below the 13,000 level. The index is still below the 20-period SMA. It is important to watch if the index can break the level or not. 

Jung Min-seo

Jung Min-seo

Jung Min-Seo is a staff writer covering technology for FintechZoom. Contact: [email protected]

Related Posts

Wall street | FintechZoom

Mixed Bag of Results: Dow -0.16%, S&P500 +0.046% & NASDAQ -0.29%

August 17, 2023

The Impact of Dovish Fed Comments on Tech-heavy Nasdaq (-1.16%) and S&P 500 (-0.71%)

August 9, 2023

The Dow Jones Industrial Average Strikes a Century-Old Record

July 27, 2023

Pressure on Global Wheat Prices and Nasdaq in Red -2.05%

July 21, 2023

Stock Market Today: A Shift Towards Positive Territory

July 12, 2023

Understanding the Performance of the Dow Jones Industrial Average Today

July 12, 2023

Wall Street Resumes After Holiday Break: A Look at the Dow Jones Today

July 6, 2023

US Stock Market Sees Uptick Amid Economic Forecasts

June 27, 2023

Nasdaq Pre-Market Analysis: A Strong Week for Tech Stocks Amidst Fed’s Rate Decision

June 16, 2023
Next Post
Dow Jones Market Zoom

Dow Jones Market Zoom (April 27): Dow Jones rises +0.19% thanks to Visa and Microsoft

Toronto Stock Exchange

TSX Market Zoom (April 27): Materials +1.26% and Heavy Energy +2.17% led the TSX

CHINA SHANGHAI STOCK

SSE Market Zoom (27 April): Shanghai Composite rose 2.49%

Leave a Reply Cancel reply

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

  • About Us
  • Advertise
  • Careers
  • Terms and Conditions
Call us: + 1 917 9939840

© 2016-2023 FINTECHZOOM

No Result
View All Result
  • MARKETS
    • Trading
    • Stock Futures
    • Exchange Traded Fund (ETF)
    • Best Stocks To Buy Now
    • Penny Stocks
    • Forex Market
    • Bonds & Rates
    • Stock Market Guides
    • Commodities
      • Brent Crude Oil Price
      • WTI Crude Oil Price
    • Breaking Stock Market News
    • Reviews in Stock Market
    • Asian Markets
    • European Markets
    • US Markets
  • WORLD INDICES
    • DAX PERFORMANCE-INDEX
    • Russel 2000 (RUT)
    • STOXX Europe 600 (SXXP)
    • Euro Stoxx 50
    • CAC 40 Index (FCHI)
    • FTSE 100 Index
    • Nikkei 225 Index
    • HSI – Hang Seng Index
    • NSE Nifty 50 Index
    • NASDAQ Composite Index
    • Dow Jones (INDEXDJX: .DJI)
    • S&P 500 Index
    • ASX – Australian
    • Shanghai Index (SSE)
  • BUSINESS
  • CRYPTO
    • Metaverse
    • Tokens
    • Crypto Reviews
    • NFT : Non-Fungible Tokens
    • Stablecoins
    • Blockchain
    • Ethereum
    • Buy Bitcoin
    • Best Crypto
    • Bitcoin
    • Altcoins
  • MONEY
    • Insurance
    • Taxes
    • Mortgages
    • Loans
    • Personal Finances
    • Credit Cards
    • Interest Rates
  • BANKING
    • Banks Near Me
    • Payments
    • ATM Near me
    • Best Banks
    • Banks Guides
    • Transfer Money Online
    • Mobile Banking
    • Digital Bank
    • Secure Bank Login
  • TECH
    • Social Media
    • Login
    • Error Pages
    • Is It Down?
    • Download
    • Settings
  • LUXURY
    • Luxury Food & Drink
    • Luxury Watches
    • Luxury Cars
    • Luxury Style
    • Luxury Motors
    • Luxury Travel
    • Luxury Tech
  • LIFESTYLE
    • Travel
    • Entertainment
    • Health
    • Cars
    • Near Me
    • Life
    • Weather Tomorrow
  • INVESTMENT
    • Real Estate
    • Famous Investors
  • ABOUT US
    • Why Fintech Zoom?
    • What is FintechZoom?
    • Advertise with Us
    • Careers in FintechZoom: Carving Your Path
    • Fintech Zoom Logo
    • FintechZoom PRO
    • FintechZoom Contacts: Best Ways to Connect with FintechZoom

© 2016-2023 FINTECHZOOM

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?