Markets

Nasdaq

As of 17:15 22 February 2018 - Market closed
index value 7210.09 index change: 0.000 index change percentage: 0.000%
Open
7252.47
Previous close
7210.09
52 week high
7505.77
52 week low
5793.83

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Latest updates Wall Street Market Reports

Today 23.02.2018

10:03

Snap: Just a passing fad?

Rory Cellan-Jones
Technology correspondent
Image copyright Getty Images

The market just doesn't know what to think of Snap or its Snapchat service.

It is either the future of communication - or a social media fad that will last not much longer than one of the messages its army of young users sends.

And that makes a share price which has mostly been built on a very optimistic view of future growth extremely volatile.

Earlier this month it soared by nearly 50% on results that were marginally better than expected - now they've taken a minor tumble because a reality star says the new design is "so sad".

Investors will continue to need strong stomachs - especially when they see how much founder Evan Spiegel is taking home.

06:44

Kylie Jenner tweets cost Snap $1.3bn

Image copyright Getty Images

Kylie Jenner - the reality TV star best known for being Kim Kardashian's half-sister, or for just being famous - has managed to wipe a lot of money from a firm's stock market value.

After tweeting to her 24.5 million Twitter followers that she no longer used Snapchat, the company that owns the messaging app, Snap, saw $1.3bn (£1bn) wiped off its stock market value.

The TV star posted: "sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad."

Ms Jenner later tweeted a follow-up: "still love you tho snap... my first love".

Snap's messaging app is facing intense competition from Facebook's Instagram.

The firm has also faced criticism for its November re-design to Snapchat.

Yesterday 22.02.2018

15:05

Wall Street higher in early trading

Image copyright Getty Images

Major US stock indexes are higher in early trading after St Louis Fed President James Bullard said policymakers would need to be careful not to raise interest rates too quickly.

Hi comments came after Fed minutes on Wednesday showed policymakers were getting more keen on raising rates. Stocks finished lower on Wednesday after concerns about rising inflation resurfaced.

The Dow Jones Industrial Average was up 0.46% at 24,911 points, the S&P 500 was up 0.65% at 2,71 points, and the Nasdaq was up 0.28% at 7,245.

20.02.2018

21:18

Wall Street ends lower

Image copyright Getty Images

A big slide in Walmart dragged Wall Street lower after the world's biggest retailer reported a lower-than-expected profit and asharp drop in online sales growth in the Christmas period.

Its shares slumped more than 10% in New York.

The Dow Jones Industrial Average fell 1%, the S&P 500 lost 0.6%, and the Nasdaq Composite was almost flat.

16.02.2018

16:30

US stocks extend gains

Image copyright AFP

The Dow Jones Industrial Average has eked out further rises and is now up 131.44 points at 25,331.81.

The S&P 500 has added 12.20 points at 2,743.40 and the Nasdaq is ahead 22.58 points at 7,279.14.

14:33
Breaking

US markets open down

Image copyright Getty Images

The Dow Jones Industrial Average has opened 41.61 points lower at 25,158.76.

The S&P 500 is off 3.20 points at 2,728 and the Nasdaq is down 12.07 points at 7,244.36.

15.02.2018

21:04

US stock markets close higher

Image copyright Getty Images

US stock markets closed higher on Thursday.

The Dow Jones Industrial Average was up 1.24% at 25,200 points.

The S&P 500 was up 1% at 2,725.

The Nasdaq closed 0.88% higher at 1,535.

14.02.2018

22:04

Wall Street closes up

Image copyright Getty Images

Wall Street shares closed up on Wednesday, as the market shrugged off US inflation data and tech shares rose.

The Dow Jones rose 1.03% to 24,893 points.

The S&P 500 climbed 1.34% to 2,699.

And the tech-heavy Nasdaq was up 1.86% to 7,144.

19:16

Groupon shares fall

Image copyright Getty Images

Groupon's shares have fallen on the news that the discount deals website failed to meet profit expectations for the first time in two years.

Shares in Groupon fell 11.54% or 0.6 points to $4.60 after reporting fourth quarter net income of $47.7m, a loss compared to the same period in the previous year.

15:50

Wall Street on the move

Image copyright Getty Images

US shares have now pulled back up - the Dow Jones has risen 57.5 points or 0.23% to 24,697.95.

The S&P 500 is up 11.67 points or 0.44% to 2,674.75

And the tech-heavy Nasdaq has climbed 0.8% or 56.2 points to 7,069.70.

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